Guarantor Condensed Consolidating Financial Statements (Tables)

12 Months Ended

Dec. 31, 2011

Condensed Consolidating Balance Sheet [Member]

Condensed Financial Statements, Captions [Line Items]

Schedule of Impact of Revision on Condensed Consolidating Financial Statements

Impact of Revision on Guarantor Condensed Consolidating Balance Sheets

	Guarantors	Non-Guarantors	Issuer	Parent		Adjustments		Consolidated
$ in millions
December 31, 2011
Increase/(decrease) in current assets	487.5	421.8	34.8	—		(944.1	)	—
Increase/(decrease) in non current assets	345.3	1,438.2	567.8	—		(2,351.3	)	—
Increase/(decrease) in assets	832.8	1,860.0	602.6	—		(3,295.4	)	—
Increase/(decrease) in current liabilities	377.0	507.9	29.9	29.3		(944.1	)	—
Increase/(decrease) in non current liabilities	455.8	1,352.1	572.7	(29.3	)	(2,351.3	)	—
Increase/(decrease) in liabilities	832.8	1,860.0	602.6	—		(3,295.4	)	—
Increase/(decrease) in equity	—	—	—	—		—		—
December 31, 2010
Increase/(decrease) in current assets	328.7	363.0	157.2	—		(848.9	)	—
Increase/(decrease) in non current assets	10.1	1,393.0	567.8	—		(1,970.9	)	—
Increase/(decrease) in assets	338.8	1,756.0	725.0	—		(2,819.8	)	—
Increase/(decrease) in current liabilities	310.7	316.5	49.8	171.9		(848.9	)	—
Increase/(decrease) in non current liabilities	28.1	1,439.5	675.2	(171.9	)	(1,970.9	)	—
Increase/(decrease) in liabilities	338.8	1,756.0	725.0	—		(2,819.8	)	—
Increase/(decrease) in equity	—	—	—	—		—		—

Schedule Of Condensed Financial Statements

Revised Condensed Consolidating Balance Sheets

$ in millions	Guarantors	Non-Guarantors	Issuer	Parent	Adjustments		Consolidated
As of December 31, 2011
ASSETS
Current assets:
Cash and cash equivalents	20.6	703.2	3.1	0.5	—		727.4
Cash and cash equivalents of consolidated investment products	—	382.3	—	—	—		382.3
Unsettled fund receivables	—	444.4	—	—	—		444.4
Accounts receivable	163.6	260.8	—	—	—		424.4
Accounts receivable of consolidated investment products	—	98.5	—	—	—		98.5
Investments	4.2	266.2	—	13.3	—		283.7
Prepaid assets	9.7	41.5	—	—	—		51.2
Other current assets	39.3	120.3	1.1	0.2	(10.9	)	150.0
Deferred tax asset, net	18.9	9.8	—	—	—		28.7
Assets held for policyholders	—	1,243.5	—	—	—		1,243.5
Intercompany receivables	477.0	421.4	34.8	—	(933.2	)	—
Total current assets	733.3	3,991.9	39.0	14.0	(944.1	)	3,834.1
Non-current assets:
Investments	50.0	144.4	3.4	3.0	—		200.8
Investments of consolidated investment products	—	6,629.0	—	—	—		6,629.0
Security deposit assets and receivables	—	81.2	—	—	—		81.2
Other non-current assets	8.5	6.6	2.8	—	—		17.9
Deferred sales commissions	13.9	26.6	—	—	—		40.5
Property and equipment, net	145.3	167.5	—	—	—		312.8
Intangible assets, net	420.6	902.2	—	—	—		1,322.8
Goodwill	2,312.8	4,161.8	433.3	—	—		6,907.9
Intercompany receivables	333.0	1,450.5	567.8	—	(2,351.3	)	—
Investment in subsidiaries	1,228.2	5.6	5,116.3	8,465.0	(14,815.1	)	—
Total non-current assets	4,512.3	13,575.4	6,123.6	8,468.0	(17,166.4	)	15,512.9
Total assets	5,245.6	17,567.3	6,162.6	8,482.0	(18,110.5	)	19,347.0
LIABILITIES AND EQUITY
Current liabilities:
Current maturities of total debt	—	—	215.1	—	—		215.1
Unsettled fund payables	—	439.6	—	—	—		439.6
Income taxes payable	—	63.1	7.4	—	(10.9	)	59.6
Other current liabilities	144.3	685.4	11.1	0.7	—		841.5
Other current liabilities of consolidated investment products	—	175.1	—	—	—		175.1
Policyholder payables	—	1,243.5	—	—	—		1,243.5
Intercompany payables	366.5	507.5	29.9	29.3	(933.2	)	—
Total current liabilities	510.8	3,114.2	263.5	30.0	(944.1	)	2,974.4
Non-current liabilities:
Long-term debt	539.0	—	530.6	—	—		1,069.6
Long-term debt of consolidated investment products	—	5,512.9	—	—	—		5,512.9
Deferred tax liabilities, net	29.6	244.4	—	—	—		274.0
Security deposits payable	—	81.2	—	—	—		81.2
Other non-current liabilities	55.1	242.2	—	—	—		297.3
Intercompany payables	1,361.8	—	656.6	332.9	(2,351.3	)	—
Total non-current liabilities	1,985.5	6,080.7	1,187.2	332.9	(2,351.3	)	7,235.0
Total liabilities	2,496.3	9,194.9	1,450.7	362.9	(3,295.4	)	10,209.4
Equity:
Total equity attributable to common shareholders	2,749.3	7,353.9	4,711.9	8,119.1	(14,815.1	)	8,119.1
Equity attributable to noncontrolling interests in consolidated entities	—	1,018.5	—	—	—		1,018.5
Total equity	2,749.3	8,372.4	4,711.9	8,119.1	(14,815.1	)	9,137.6
Total liabilities and equity	5,245.6	17,567.3	6,162.6	8,482.0	(18,110.5	)	19,347.0

Revised Condensed Consolidating Balance Sheets (continued)

$ in millions	Guarantors	Non-Guarantors	Issuer	Parent	Adjustments		Consolidated
As of December 31, 2010
ASSETS
Current assets:
Cash and cash equivalents	12.4	725.9	1.1	1.1	—		740.5
Cash and cash equivalents of consolidated investment products	—	636.7	—	—	—		636.7
Unsettled fund receivables	—	513.4	—	—	—		513.4
Accounts receivable	100.5	324.2	—	—	—		424.7
Accounts receivable of consolidated investment products	—	158.8	—	—	—		158.8
Investments	7.4	269.5	—	31.9	—		308.8
Prepaid assets	9.6	54.4	—	—	—		64.0
Other current assets	39.6	67.9	6.1	0.7	(12.5	)	101.8
Deferred tax asset, net	14.6	15.8	—	—	—		30.4
Assets held for policyholders	—	1,295.4	—	—	—		1,295.4
Intercompany receivables	320.3	363.1	153.0	—	(836.4	)	—
Total current assets	504.4	4,425.1	160.2	33.7	(848.9	)	4,274.5
Non-current assets:
Investments	35.3	125.0	1.7	2.4	—		164.4
Investments of consolidated investment products	—	7,206.0	—	—	—		7,206.0
Security deposit assets and receivables	—	146.3	—	—	—		146.3
Other non-current assets	2.8	14.8	2.8	0.5	—		20.9
Deferred sales commissions	12.2	30.0	—	—	—		42.2
Property and equipment, net	122.9	149.5	—	—	—		272.4
Intangible assets, net	393.9	943.3	—	—	—		1,337.2
Goodwill	2,322.9	4,216.5	440.8	—	—		6,980.2
Intercompany receivables	—	1,403.1	567.8	—	(1,970.9	)	—
Investment in subsidiaries	1,333.8	5.5	4,766.1	8,400.6	(14,506.0	)	—
Total non-current assets	4,223.8	14,240.0	5,779.2	8,403.5	(16,476.9	)	16,169.6
Total assets	4,728.2	18,665.1	5,939.4	8,437.2	(17,325.8	)	20,444.1
LIABILITIES AND EQUITY
Current liabilities:
Unsettled fund payables	—	504.8	—	—	—		504.8
Income taxes payable	—	84.7	—	—	(12.5	)	72.2
Other current liabilities	120.9	774.5	9.6	0.7	—		905.7
Other current liabilities of consolidated investment products	—	486.4	—	—	—		486.4
Policyholder payables	—	1,295.4	—	—	—		1,295.4
Intercompany payables	302.3	316.5	45.7	171.9	(836.4	)	—
Total current liabilities	423.2	3,462.3	55.3	172.6	(848.9	)	3,264.5
Non-current liabilities:
Long-term debt	570.0	—	745.7	—	—		1,315.7
Long-term debt of consolidated investment products	—	5,865.4	—	—	—		5,865.4
Deferred tax liabilities, net	10.1	218.9	—	—	—		229.0
Security deposits payable	—	146.3	—	—	—		146.3
Other non-current liabilities	27.0	235.3	—	—	—		262.3
Intercompany payables	1,317.8	—	653.1	—	(1,970.9	)	—
Total non-current liabilities	1,924.9	6,465.9	1,398.8	—	(1,970.9	)	7,818.7
Total liabilities	2,348.1	9,928.2	1,454.1	172.6	(2,819.8	)	11,083.2
Equity:
Total equity attributable to common shareholders	2,380.1	7,640.6	4,485.3	8,264.6	(14,506.0	)	8,264.6
Equity attributable to noncontrolling interests in consolidated entities	—	1,096.3	—	—	—		1,096.3
Total equity	2,380.1	8,736.9	4,485.3	8,264.6	(14,506.0	)	9,360.9
Total liabilities and equity	4,728.2	18,665.1	5,939.4	8,437.2	(17,325.8	)	20,444.1

Condensed Consolidating Statements Of Income [Member]

Condensed Financial Statements, Captions [Line Items]

Schedule of Impact of Revision on Condensed Consolidating Financial Statements

Impact of Revision on Guarantor Condensed Consolidating Statements of Income

	Guarantors	Non-Guarantors	Issuer	Parent	Adjustments		Consolidated
$ in millions
December 31, 2011
Increase/(decrease) in operating revenues	—	203.4	—	—	(203.4	)	—
Increase/(decrease) in operating expenses	—	203.4	—	—	(203.4	)	—
December 31, 2010
Increase/(decrease) in operating revenues	—	180.3	—	—	(180.3	)	—
Increase/(decrease) in operating expenses	—	180.3	—	—	(180.3	)	—
December 31, 2009
Increase/(decrease) in operating revenues	—	68.3	4.7	—	(73.0	)	—
Increase/(decrease) in operating expenses	—	68.3	4.7	—	(73.0	)	—

Schedule Of Condensed Financial Statements

Revised Condensed Consolidating Statements of Income

$ in millions	Guarantors		Non-Guarantors		Issuer		Parent		Adjustments		Consolidated
Year ended December 31, 2011
Operating Revenues:
Investment management fees	1,153.9		1,984.6		—		—		—		3,138.5
Service and distribution fees	91.9		688.4		—		—		—		780.3
Performance fees	11.4		26.5		—		—		—		37.9
Other	15.2		120.3		—		—		—		135.5
Intercompany Revenues	27.1		176.3		—		—		(203.4	)	—
Total operating revenues	1,299.5		2,996.1		—		—		(203.4	)	4,092.2
Operating expenses:
Employee compensation	341.5		897.5		—		7.2		—		1,246.2
Third-party distribution, service and advisory	89.7		1,192.8		—		—		—		1,282.5
Marketing	5.1		80.9		—		—		—		86.0
Property, office and technology	105.1		148.8		—		0.7		—		254.6
General and administrative	81.5		207.7		—		6.2		—		295.4
Transaction and integration	—		29.4		—		—		—		29.4
Intercompany Expenses	175.8		27.1		—		0.5		(203.4	)	—
Total operating expenses	798.7		2,584.2		—		14.6		(203.4	)	3,194.1
Operating income/(loss)	500.8		411.9		—		(14.6	)	—		898.1
Other income/(expense):
Equity in earnings of unconsolidated affiliates	(0.4	)	29.6		453.9		745.1		(1,197.7	)	30.5
Interest and dividend income	3.5		87.2		49.3		0.9		(129.9	)	11.0
Interest income of consolidated investment products	—		307.2		—		—		—		307.2
Other gains/(losses) of consolidated investment products, net	—		(138.9	)	—		—		—		(138.9	)
Interest expense	(136.3	)	(1.0	)	(50.3	)	(4.1	)	129.9		(61.8	)
Interest expense of consolidated investment products	—		(187.0	)	—		—		—		(187.0	)
Other gains and losses, net	44.6		3.4		(1.4	)	2.4		—		49.0
Income before income taxes	412.2		512.4		451.5		729.7		(1,197.7	)	908.1
Income tax provision	(111.5	)	(161.0	)	(13.6	)	—		—		(286.1	)
Net income	300.7		351.4		437.9		729.7		(1,197.7	)	622.0
(Gains)/losses attributable to noncontrolling interests in consolidated entities, net	—		107.7		—		—		—		107.7
Net income attributable to common shareholders	300.7		459.1		437.9		729.7		(1,197.7	)	729.7

Revised Condensed Consolidating Statements of Income (continued)

$ in millions	Guarantors		Non-Guarantors		Issuer		Parent		Adjustments		Consolidated
Year ended December 31, 2010
Operating Revenues:
Investment management fees	906.0		1,814.9		—		—		—		2,720.9
Service and distribution fees	86.5		559.0		—		—		—		645.5
Performance fees	2.4		23.7		—		—		—		26.1
Other	4.1		91.1		—		—		—		95.2
Intercompany Revenues	32.6		147.7		—		—		(180.3	)	—
Total operating revenues	1,031.6		2,636.4		—		—		(180.3	)	3,487.7
Operating expenses:
Employee compensation	311.9		796.6		—		6.4		—		1,114.9
Third-party distribution, service and advisory	42.8		1,011.0		—		—		—		1,053.8
Marketing	35.6		42.8		—		0.1		—		78.5
Property, office and technology	107.2		130.4		—		0.8		—		238.4
General and administrative	97.5		157.1		—		7.6		—		262.2
Transaction and integration	—		150.0		—		—		—		150.0
Intercompany Expenses	147.4		32.6		—		0.3		(180.3	)	—
Total operating expenses	742.4		2,320.5		—		15.2		(180.3	)	2,897.8
Operating income/(loss)	289.2		315.9		—		(15.2	)	—		589.9
Other income/(expense):
Equity in earnings of unconsolidated affiliates	5.7		33.4		266.5		477.3		(742.7	)	40.2
Interest and dividend income	0.6		96.7		17.4		13.4		(117.7	)	10.4
Interest income of consolidated investment products	—		240.9		—		—		—		240.9
Other gains/(losses) of consolidated investment products, net	—		114.0		—		—		—		114.0
Interest expense	(113.3	)	(1.8	)	(60.1	)	(1.1	)	117.7		(58.6	)
Interest expense of consolidated investment products	—		(118.6	)	—		—		—		(118.6	)
Other gains and losses, net	2.9		16.6		0.8		(4.7	)	—		15.6
Income before income taxes	185.1		697.1		224.6		469.7		(742.7	)	833.8
Income tax provision	(66.1	)	(129.2	)	2.3		(4.0	)	—		(197.0	)
Net income	119.0		567.9		226.9		465.7		(742.7	)	636.8
(Gains)/losses attributable to noncontrolling interests in consolidated entities, net	—		(171.1	)	—		—		—		(171.1	)
Net income attributable to common shareholders	119.0		396.8		226.9		465.7		(742.7	)	465.7

Revised Condensed Consolidating Statements of Income (continued)

$ in millions	Guarantors		Non-Guarantors		Issuer		Parent		Adjustments		Consolidated
Year ended December 31, 2009
Operating Revenues:
Investment management fees	482.0		1,638.2		—		—		—		2,120.2
Service and distribution fees	49.0		363.6		—		—		—		412.6
Performance fees	0.2		29.8		—		—		—		30.0
Other	2.4		62.1		—		—		—		64.5
Intercompany Revenues	16.1		52.2		4.7		—		(73.0	)	—
Total operating revenues	549.7		2,145.9		4.7		—		(73.0	)	2,627.3
Operating expenses:
Employee compensation	214.5		729.5		—		6.8		—		950.8
Third-party distribution, service and advisory	3.2		733.8		—		—		—		737.0
Marketing	23.8		41.5		—		—		—		65.3
Property, office and technology	52.8		159.2		—		0.3		—		212.3
General and administrative	81.5		78.7		1.4		5.2		—		166.8
Transaction and integration	—		10.8		—		—		—		10.8
Intercompany Expenses	56.3		16.1		—		0.6		(73.0	)	—
Total operating expenses	432.1		1,769.6		1.4		12.9		(73.0	)	2,143.0
Operating income/(loss)	117.6		376.3		3.3		(12.9	)	—		484.3
Other income/(expense):
Equity in earnings of unconsolidated affiliates	17.1		53.3		148.3		326.3		(518.0	)	27.0
Interest and dividend income	0.7		42.5		12.8		9.5		(55.7	)	9.8
Interest income of consolidated investment products	—		—		—		—		—		—
Other gains/(losses) of consolidated investment products, net	(0.4	)	(125.6	)	21.5		(2.4	)	—		(106.9	)
Interest expense	(51.9	)	(0.2	)	(68.1	)	—		55.7		(64.5	)
Interest expense of consolidated investment products	—		—		—		—		—		—
Other gains and losses, net	(0.6	)	1.0		5.4		2.0		—		7.8
Income before income taxes	82.5		347.3		123.2		322.5		(518.0	)	357.5
Income tax provision	(0.2	)	(136.5	)	(11.5	)	—		—		(148.2	)
Net income	82.3		210.8		111.7		322.5		(518.0	)	209.3
(Gains)/losses attributable to noncontrolling interests in consolidated entities, net	—		113.2		—		—		—		113.2
Net income attributable to common shareholders	82.3		324.0		111.7		322.5		(518.0	)	322.5

Condensed Consolidating Statements of Comprehensive Income [Member]

Condensed Financial Statements, Captions [Line Items]

Schedule Of Condensed Financial Statements

Condensed Consolidating Statements of Comprehensive Income

$ in millions	Guarantors		Non-Guarantors		Issuer		Parent		Adjustments		Consolidated
Year ended December 31, 2011
Net income	300.7		351.4		437.9		729.7		(1,197.7	)	622.0
Other comprehensive income, before tax:
Currency translation differences on investments in overseas subsidiaries	9.9		(58.7	)	—		—		—		(48.8	)
Change in accumulated other comprehensive income related to employee benefit plans	0.9		(43.3	)	—		—		—		(42.4	)
Change in accumulated other comprehensive income of equity method investments	(0.2	)	(7.0	)	—		—		—		(7.2	)
Comprehensive income of subsidiaries	—		9.5		(40.4	)	(117.7	)	148.6		—
Change in net unrealized gains on available-for-sale investments	(1.6	)	(6.2	)	—		(4.5	)	—		(12.3	)
Other comprehensive income (loss), before tax	9.0		(105.7	)	(40.4	)	(122.2	)	148.6		(110.7	)
Income tax related to items of other comprehensive income:
Tax benefit (expense) on foreign currency translation adjustments	—		0.5		—		—		—		0.5
Tax benefit (expense) on comprehensive income related to employee benefit plans	—		9.3		—		—		—		9.3
Tax benefit (expense) on change in net unrealized gains on available-for-sale investments	0.5		1.3		—		—		—		1.8
Total income tax benefit (expense) related to items of other comprehensive income	0.5		11.1		—		—		—		11.6
Other comprehensive income, net of tax	9.5		(94.6	)	(40.4	)	(122.2	)	148.6		(99.1	)
Total comprehensive income	310.2		256.8		397.5		607.5		(1,049.1	)	522.9
Comprehensive loss (income) attributable to noncontrolling interests in consolidated entities	—		84.6		—		—		—		84.6
Comprehensive income attributable to common shareholders	310.2		341.4		397.5		607.5		(1,049.1	)	607.5

Condensed Consolidating Statements of Comprehensive Income (continued)

$ in millions	Guarantors		Non-Guarantors		Issuer	Parent	Adjustments		Consolidated
Year ended December 31, 2010
Net income	119.0		567.9		226.9	465.7	(742.7	)	636.8
Other comprehensive income, before tax:
Currency translation differences on investments in overseas subsidiaries	—		77.3		—	—	—		77.3
Change in accumulated other comprehensive income related to employee benefit plans	—		18.7		—	—	—		18.7
Change in accumulated other comprehensive income of equity method investments	—		2.9		—	—	—		2.9
Comprehensive income of subsidiaries	—		0.1		106.7	93.8	(200.6	)	—
Change in net unrealized gains on available-for-sale investments	0.2		(3.6	)	—	13.3	—		9.9
Other comprehensive income (loss), before tax	0.2		95.4		106.7	107.1	(200.6	)	108.8
Income tax related to items of other comprehensive income:
Tax benefit (expense) on comprehensive income related to employee benefit plans	—		(6.2	)	—	—	—		(6.2	)
Tax benefit (expense) on change in net unrealized gains on available-for-sale investments	(0.1	)	(0.7	)	—	—	—		(0.8	)
Total income tax benefit (expense) related to items of other comprehensive income	(0.1	)	(6.9	)	—	—	—		(7.0	)
Other comprehensive income, net of tax	0.1		88.5		106.7	107.1	(200.6	)	101.8
Total comprehensive income	119.1		656.4		333.6	572.8	(943.3	)	738.6
Comprehensive loss (income) attributable to noncontrolling interests in consolidated entities	—		(165.8	)	—	—	—		(165.8	)
Comprehensive income attributable to common shareholders	119.1		490.6		333.6	572.8	(943.3	)	572.8

Condensed Consolidating Statements of Comprehensive Income (continued)

$ in millions	Guarantors		Non-Guarantors		Issuer	Parent	Adjustments		Consolidated
Year ended December 31, 2009
Net income	82.3		210.8		111.7	322.5	(518.0	)	209.3
Other comprehensive income, before tax:
Currency translation differences on investments in overseas subsidiaries	(19.5	)	507.8		—	—	—		488.3
Change in accumulated other comprehensive income related to employee benefit plans	3.6		(18.7	)	—	—	—		(15.1	)
Comprehensive income of subsidiaries	—		(11.3	)	307.2	482.3	(778.2	)	—
Change in net unrealized gains on available-for-sale investments	(1.0	)	8.5		—	7.1	—		14.6
Adoption of guidance now encompassed in ASC Topic 320	—		(1.5	)	—	—	—		(1.5	)
Other comprehensive income (loss), before tax	(16.9	)	484.8		307.2	489.4	(778.2	)	486.3
Income tax related to items of other comprehensive income:
Tax benefit (expense) on foreign currency translation adjustments	7.0		(6.3	)	—	—	—		0.7
Tax benefit (expense) on comprehensive income related to employee benefit plans	(1.1	)	5.2		—	—	—		4.1
Tax benefit (expense) on change in net unrealized gains on available-for-sale investments	(0.3	)	(1.4	)	—	—	—		(1.7	)
Total income tax benefit (expense) related to items of other comprehensive income	5.6		(2.5	)	—	—	—		3.1
Other comprehensive income, net of tax	(11.3	)	482.3		307.2	489.4	(778.2	)	489.4
Total comprehensive income	71.0		693.1		418.9	811.9	(1,296.2	)	698.7
Comprehensive loss (income) attributable to noncontrolling interests in consolidated entities	—		113.2		—	—	—		113.2
Comprehensive income attributable to common shareholders	71.0		806.3		418.9	811.9	(1,296.2	)	811.9

Condensed Consolidating Statements Of Cash Flows [Member]

Condensed Financial Statements, Captions [Line Items]

Schedule of Impact of Revision on Condensed Consolidating Financial Statements

Impact of Revision on Guarantor Condensed Consolidating Statements of Cash Flows

	Guarantors		Non-Guarantors		Issuer		Parent		Adjustments		Consolidated
$ in millions
Year ended December 31, 2011
Total change in net cash (used in)/provided by operating activities:	183.9		136.6		1.8		(261.3	)	(61.0	)	—
Total change in net cash (used in)/provided by investing activities:	—		(80.6	)	(61.0	)	—		141.6		—
Total change in net cash (used in)/provided by financing activities:	(183.9	)	(56.0	)	59.2		261.3		(80.6	)	—
Total change in (decrease)/increase in cash and cash equivalents:	—		—		—		—		—		—
Year ended December 31, 2010
Total change in net cash (used in)/provided by operating activities:	213.7		(116.1	)	(65.7	)	23.0		(54.9	)	—
Total change in net cash (used in)/provided by investing activities:	—		(262.4	)	(37.9	)	(17.0	)	317.3		—
Total change in net cash (used in)/provided by financing activities:	(213.7	)	378.5		103.6		(6.0	)	(262.4	)	—
Total change in (decrease)/increase in cash and cash equivalents:	—		—		—		—		—		—
Year ended December 31, 2009
Total change in net cash (used in)/provided by operating activities:	(196.8	)	526.0		(20.8	)	(2.4	)	(306.0	)	—
Total change in net cash (used in)/provided by investing activities:	(0.2	)	54.2		(0.1	)	—		(53.9	)	—
Total change in net cash (used in)/provided by financing activities:	197.0		(580.2	)	20.9		2.4		359.9		—
Total change in (decrease)/increase in cash and cash equivalents:	—		—		—		—		—		—

Schedule Of Condensed Financial Statements

Revised Condensed Consolidating Statements of Cash Flows

$ in millions	Guarantors		Non-Guarantors		Issuer		Parent		Adjustments		Consolidated
Year ended December 31, 2011
Operating activities:
Net cash provided by/(used in) operating activities	299.6		673.4		57.3		389.0		(454.5	)	964.8
Investing activities:
Capital contribution (to)/from subsidiary	—		—		(116.0	)	(23.1	)	139.1		—
Purchase of investments by consolidated investment products	—		(2,991.4	)	—		—		—		(2,991.4	)
Proceeds from sale of investments by consolidated investment products	—		3,369.8		—		—		—		3,369.8
Returns of capital in investments of consolidated investment products	—		109.2		—		—		—		109.2
Purchase of other investments	(29.0	)	(114.4	)	—		—		—		(143.4	)
Other net increases/(decreases) in investing activities	(47.5	)	33.1		1.5		16.8		—		3.9
Net cash (used in)/provided by investing activities	(76.5	)	406.3		(114.5	)	(6.3	)	139.1		348.1
Financing activities:
Capital contribution from/(to) parent	116.0		23.1		—		—		(139.1	)	—
Purchases of treasury shares	—		—		—		(436.5	)	—		(436.5	)
Dividends paid	—		(406.3	)	(48.4	)	(220.6	)	454.5		(220.8	)
Capital invested into consolidated investment products	—		37.2		—		—		—		37.2
Capital distributed by consolidated investment products	—		(172.4	)	—		—		—		(172.4	)
Net borrowings/(repayments) of debt of consolidated investment products	—		(513.3	)	—		—		—		(513.3	)
Net borrowings/(repayments) under credit facility	(31.0	)	—		—		—		—		(31.0	)
Net intercompany borrowings/(repayments)	(299.9	)	(69.1	)	107.7		261.3		—		—
Other net increases/(decreases) in financing activities	—		2.3		(0.1	)	12.5		—		14.7
Net cash (used in)/provided by financing activities	(214.9	)	(1,098.5	)	59.2		(383.3	)	315.4		(1,322.1	)
(Decrease)/increase in cash and cash equivalents	8.2		(18.8	)	2.0		(0.6	)	—		(9.2	)
Foreign exchange movement on cash and cash equivalents	—		(3.9	)	—		—		—		(3.9	)
Cash and cash equivalents, beginning of year	12.4		725.9		1.1		1.1		—		740.5
Cash and cash equivalents, end of year	20.6		703.2		3.1		0.5		—		727.4

Revised Condensed Consolidating Statements of Cash Flows (continued)

$ in millions	Guarantors		Non-Guarantors		Issuer		Parent		Adjustments		Consolidated
Year ended December 31, 2010
Operating activities:
Net cash provided by/(used in) operating activities	298.1		103.7		(7.3	)	184.1		(199.4	)	379.2
Investing activities:
Capital contribution (to)/from subsidiary	—		—		(97.2	)	192.7		(95.5	)	—
Purchase of investments by consolidated investment products	—		(2,367.7	)	—		—		—		(2,367.7	)
Proceeds from sale of investments by consolidated investment products	—		2,784.8		—		—		—		2,784.8
Returns of capital in investments of consolidated investment products	—		81.5		—		—		—		81.5
Purchase of other investments	(20.3	)	(49.1	)	—		—		—		(69.4	)
Acquisition of businesses	(674.5	)	(75.1	)	—		—		—		(749.6	)
Other net increases/(decreases) in investing activities	(47.6	)	28.4		1.8		—		—		(17.4	)
Net cash (used in)/provided by investing activities	(742.4	)	402.8		(95.4	)	192.7		(95.5	)	(337.8	)
Financing activities:
Capital contribution from/(to) parent	97.2		(255.4	)	62.7		—		95.5		—
Purchases of treasury shares	—		—		—		(192.2	)	—		(192.2	)
Dividends paid	—		(199.4	)	—		(197.9	)	199.4		(197.9	)
Capital invested into consolidated investment products	—		24.3		—		—		—		24.3
Capital distributed by consolidated investment products	—		(97.2	)	—		—		—		(97.2	)
Net borrowings/(repayments) of debt of consolidated investment products	—		(207.3	)	—		—		—		(207.3	)
Net borrowings/(repayments) under credit facility	570.0		—		—		—		—		570.0
Net intercompany borrowings/(repayments)	(310.9	)	275.9		40.9		(5.9	)	—		—
Other net increases/(decreases) in financing activities	—		14.9		—		19.5		—		34.4
Net cash provided by/(used in) financing activities	356.3		(444.2	)	103.6		(376.5	)	294.9		(65.9	)
(Decrease)/increase in cash and cash equivalents	(88.0	)	62.3		0.9		0.3		—		(24.5	)
Foreign exchange movement on cash and cash equivalents	—		3.0		—		—		—		3.0
Cash and cash equivalents, beginning of year	100.4		660.6		0.2		0.8		—		762.0
Cash and cash equivalents, end of year	12.4		725.9		1.1		1.1		—		740.5

Revised Condensed Consolidating Statements of Cash Flows (continued)

$ in millions	Guarantors		Non-Guarantors		Issuer		Parent		Adjustments		Consolidated
Year ended December 31, 2009
Operating activities:
Net cash provided by/(used in) operating activities	(34.4	)	344.0		(19.8	)	216.1		(143.2	)	362.7
Investing activities:
Capital contribution (to)/from subsidiary	—		—		(173.3	)	(538.0	)	711.3		—
Purchase of investments by consolidated investment products	—		(44.1	)	—		—		—		(44.1	)
Proceeds from sale of investments by consolidated investment products	—		34.2		—		—		—		34.2
Returns of capital in investments of consolidated investment products	—		17.9		—		—		—		17.9
Purchase of other investments	(6.1	)	(82.4	)	—		—		—		(88.5	)
Proceeds from sale of investments	0.5		22.3		278.2		—		(269.2	)	31.8
Other net increases/(decreases) in investing activities	(20.7	)	(33.0	)	—		—		—		(53.7	)
Net cash (used in)/provided by investing activities	(26.3	)	(85.1	)	104.9		(538.0	)	442.1		(102.4	)
Financing activities:
Capital contribution from/(to) parent	173.3		538.0		—		—		(711.3	)	—
Purchases of treasury shares	—		—		—		(269.2	)	269.2		—
Issuance of new shares	—		—		—		441.8		—		441.8
Proceeds from exercises of share options	—		—		—		80.0		—		80.0
Dividends paid	—		(143.2	)	—		(168.9	)	143.2		(168.9	)
Capital invested into consolidated investment products	—		7.2		—		—		—		7.2
Capital distributed by consolidated investment products	—		(52.1	)	—		—		—		(52.1	)
Net borrowings/(repayments) under credit facility	—		—		(12.0	)	—		—		(12.0	)
Repayments of senior notes	—		—		(397.2	)	—		—		(397.2	)
Net intercompany borrowings/(repayments)	(434.6	)	(126.8	)	322.5		238.9		—		—
Other net increases/(decreases) in financing activities	—		0.4		0.1		—		—		0.5
Net cash (used in)/provided by financing activities	(261.3	)	223.5		(86.6	)	322.6		(298.9	)	(100.7	)
(Decrease)/increase in cash and cash equivalents	(322.0	)	482.4		(1.5	)	0.7		—		159.6
Foreign exchange movement on cash and cash equivalents	—		17.2		—		—		—		17.2
Cash and cash equivalents, beginning of year	422.4		161.0		1.7		0.1		—		585.2
Cash and cash equivalents, end of year	100.4		660.6		0.2		0.8		—		762.0