(i) Movement in value of in-force non-participating contracts
(Download XLS:)  |
|
|
2010 |
2009 |
|---|---|---|
|
As at 1 January |
367 |
171 |
|
Unwinding of the discount rates |
18 |
7 |
|
Investment return |
16 |
193 |
|
Other |
(24) |
(4) |
|
As at 31 December |
377 |
367 |
|
Expected to be settled within 12 months |
44 |
53 |
|
Expected to be settled after 12 months |
333 |
314 |
(ii) Expected net cash flows
| (Download XLS:) |
|
|
Date of undiscounted cash flow |
|
| |||
|---|---|---|---|---|---|---|
|
As at 31 December 2010 |
0-5 |
5-15 |
15-25 |
Over |
Total |
Carrying |
|
Value of in-force non-participating contracts |
231 |
242 |
103 |
53 |
629 |
377 |
|
|
|
|
|
|
|
|
|
|
Date of undiscounted cash flow |
|
| |||
|
As at 31 December 2009 |
0-5 |
5-15 |
15-25 |
Over |
Total |
Carrying |
|
Value of in-force non-participating contracts |
250 |
224 |
108 |
57 |
639 |
367 |
Value of in-force ([VIF]) non-participating undiscounted net cash flows are based on the expected date of realisation. The VIF relates entirely to insurance contracts.
