Aviva (AV) H1 2012 Earnings Call August 09, 2012 4:30 am ET Executives John McFarlane - Chairman Patrick C. Regan - Chief Financial Officer, Finance Director, Director and Chairman of Disclosure Committee Trevor John Matthews - Executive Director of Developed Markets, Executive Director and Chief Executive Officer of Aviva UK Analysts Nick Holmes - Nomura Securities Co. Ltd., Research Division Ashik Musaddi - JP Morgan Chase & Co, Research Division Oliver Steel - Deutsche Bank AG, Research Division James Pearce - UBS Investment Bank, Research Division Andrew Broadfield - Barclays Capital, Research Division Gordon Aitken - RBC Capital Markets, LLC, Research Division Barrie Cornes - Panmure Gordon & Co. plc, Research Division Andrew Crean - Autonomous Research LLP Colin L. Simpson - Goldman Sachs Group Inc., Research Division Jon Hocking - Morgan Stanley, Research Division Marcus Barnard - Oriel Securities Ltd., Research Division PresentationJohn McFarlane
Good morning, everyone. Now it's just 1 month since I last spoke to you about the plans through to 2014. And as you'd expect, well, there's been a lot of activity inside the company in that period. The consequences of that are going to find their way into announcements not today, but over the coming months. So first, let me deal with the interim result. Operating performance was largely in line with expectations. Of course, the main new news was the write-down of the goodwill in the U.S., following a review of its recoverability. As I also said last month, there was a desire to hold the dividend, and that's what we've done in the half.