Finance and Capital Management
Operating capital generation
FY 2018
H1 2019
Savings &
Asset Management
£m
Asset Management
With-Profits
- of which: In-force¹
- of which: New business
Other
Own Funds
SCR
Total
Own Funds
SCR
Total
472
(75)
397
239
239
125
(150)
(25)
34
(66)
(32)
50
(23)
27
19
(18)
1
75
(127)
(52)
15
(48)
(33)
20
(3)
17
18
(1)
17
Total Underlying capital generation
617
(228)
389
291
(67)
224
Other operating capital generation
(66)
122
56
(60)
(28)
(88)
Total Operating capital generation
551
(106)
445
231
(95)
136
With-Profits
178
(26)
152
76
(22)
54
Heritage
Shareholder Annuities & other
217
151
368
129
73
202
Total Underlying capital generation
395
125
520
205
51
256
Other operating capital generation
698
206
904
100
321
421
Total Operating capital generation
1,093
331
1,424
305
372
677
Corporate
centre
Interest & Head Office cost
Other operating capital generation
(13)
(13)
(21)
(21)
(9)
(9)
(47)
(38)
Total Interest & Head Office capital generation
(22)
(22)
(12)
(47)
(59)
Total Operating Capital Generation
1,622
225
1,847
524
230
754
1. Includes a small amount of Pru Fund predecessor unitised With-Profits contracts
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