 |
||
| Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 changed capital accounting | 2004 | |||||||||
| assets | £66.0 | £70.5 | £67.7 | £64.5 | £71.9 | Capital resources** | £5.5 | |||||||||
| liabilities & reserves | -£54.8 | -£60.0 | -£62.3 | -£62.8 | -£69.3 | Capital Resources Requirement (Capital | £2.5 | |||||||||
| net assets(Standard's wealth) | £11.2 | £10.5 | £5.4 | £1.7 | £2.6 | required - minimum) | ||||||||||
| RMM* (Capital required - minimum) | £1.8 | £1.9 | £2.1 | £2.0 | £2.0 | |||||||||||
| Excess - net assets over RMM | £9.4 | £8.6 | £3.3 | -£0.3 | £0.6 | Reported excess | £3.0 | |||||||||
| Balance sheet repairs: | Balance sheet repairs: | |||||||||||||||
| Subordinated debt | £0.0 | £0.0 | £0.0 | £1.0 | £1.0 | Subordinated debt | £1.6 | |||||||||
| Accounting changes | £0.0 | £0.0 | £0.0 | £1.5 | £1.0 | Accounting changes | £1.6 | |||||||||
| Subtotal | £0.0 | £0.0 | £0.0 | £2.5 | £2.0 | Subtotal | £3.2 | |||||||||
| Standard's wealth: £5.5-£3.2 = | £2.3 | |||||||||||||||
| Revised excess -net assets over RMM | £9.4 | £8.6 | £3.3 | £2.2 | £2.6 | Excess/ -shortfall | -£0.2 | |||||||||
|
||||||||||||||||
|
|
||||||||||||||||