Investment return Movement in investment contract benefits Insurance service result Tax attributable to policyholders’ returns Profit/(loss) before tax attributable to shareholders’ returns Less: tax attributable to policyholders’ returns Tax attributable to shareholders’ returns Shares in trust reserve [member] Retained earnings credit in respect of share option charges Deferred acquisition costs Net asset value attributable to unit holders Net assets Net assets per share Net cash (outflow)/inflow from operating activities Payments for associates classified as investing activities Contingent consideration paid classified as investing activities Net cash outflow from investing activities Proceeds from the issue of share capital and exercise of options classified as financing activities Consideration paid for own shares classified as financing activities Net cash outflow from financing activities Net (decrease)/increase in cash and cash equivalents Contingent consideration paid from operating activities to investing activities Description of accounting policy for investment contract deposits and withdrawals Description of accounting policy for investment contract benefits Description of accounting policy for deferred income Description of accounting policy for net asset value attributable to unit holders Description of accounting policy for product classification Description of accounting policy for current and non current disclosure Description of accounting policy for alternative performance measures