Notes to the Financial Statements
for the year ended 31 December 2004
9 Net Operating Expenses
| Rm | ||
| Year to 31 December 2004 |
Year to 31 December 2003 |
|
| Long term business | ||
| Acquisition costs | 2,136 | 2,210 |
| Administration expenses | 4,000 | 3,939 |
| 6,136 | 6,149 | |
| General insurance business | ||
| Acquisition costs | 1,316 | 958 |
| Administration expenses | 550 | 420 |
| 1,866 | 1,378 |
