Apollo Global Management Investor Day Presentation Deck slide image

Apollo Global Management Investor Day Presentation Deck

Reconciliation of GAAP to Non-GAAP Financial Measures ATHENE (in millions) GAAP benefits and expenses Premiums Product Charges Other revenues Cost of crediting Change in fair value of embedded derivatives - FIA, net of offsets DAC, DSI, and VOBA amortization related to investment gains and losses Rider reserves Policy and other operating expenses, excluding policy acquisition expenses AmerUs closed block fair value liability ACRA noncontrolling interest Other Total adjustments to arrive at other liability costs Other liability costs APOLLO INVESTOR DAY 2021 RECONCILIATION OF BENEFITS AND EXPENSES TO OTHER LIABILITY COSTS $ $ 3Q'18 1,907 $ (536) (119) (10) (193) (768) 28 1 (98) 8 1 (1,686) 221 $ 4Q'18 1,325 (1,857) (128) (4) (227) 1,266 36 8 (102) 14 1 (993) 332 $ $ 1Q'19 4,255 (2,000) (125) (12) (242) (1,260) (173) (28) (103) (53) 1 (3,995) $ 260 $ 2Q'19 2,673 $ (787) (132) (9) (253) (817) (181) (24) (117) (59) (2,378) 295 $ 3Q'19 4,305 (2,688) (135) (6) (280) (497) (151) (9) (130) (46) (5) (3,947) $ 358 $ Quarterly 4Q'19 2,723 (907) (132) (10) (238) (1,003) 28 3 (138) 6 (74) 1 (2,464) 259 $ $ 1Q'20 (167) (1,140) (140) 2 (259) 1,456 425 76 (117) 45 165 (4) 509 342 2Q'20 $ 3,317 (355) (141) (18) (275) (1,445) (323) (46) (145) (100) (241) (13) (3,102) $ $ 215 $ 3Q'20 2,251 (112) (144) (13) (342) (863) (86) (21) (132) (15) (193) (10) (1,931) $ 320 $ 4Q'20 7,157 (4,356) (146) (7) (383) (1,409) (111) (19) (139) (34) (258) (14) (6,876) 281 1Q'21 $ 4,252 (3,011) (150) (14) (375) (298) 139 $ 21 (201) 93 (107) (7) (3,910) 342 $ $ 2Q'21 4,433 (1,598) (157) (20) (388) (1,450) (94) (20) (168) (54) (242) 5 (4,186) 247
View entire presentation