Apollo Global Management Investor Day Presentation Deck
Reconciliation of GAAP to Non-GAAP Financial Measures
ATHENE
RECONCILIATION OF TOTAL INVESTMENTS INCLUDING
RELATED PARTIES TO NET INVESTED ASSETS
(in millions)
Total investments including related parties
Derivative assets
Cash and cash equivalents (including restricted cash)
Accrued investment income
Payables for collateral on derivatives
Reinsurance funds withheld and modified coinsurance
VIE and VOE assets, liabilities and noncontrolling interest
Unrealized (gains)/losses
Ceded policy loans
Net investment receivables (payables)
Allowance for credit losses
Total adjustments to arrive at invested assets
Gross invested assets
ACRA noncontrolling interest
Net invested assets
APOLLO INVESTOR DAY 2021
Quarterly
2Q'21
$ 194,509
(4,151)
8,726
1,010
(3,890)
(1,699)
(281)
(5,960)
(179)
328
338
(5,758)
188,751
(27,937)
$ 160,814
RECONCILIATION OF INVESTMENT FUNDS INCLUDING
RELATED PARTIES TO NET ALTERNATIVE INVESTMENTS
(in millions)
Investment funds including related parties
Nonredeemable preferred stock included in equity securities
CLO and ABS equities included in trading securities
Investment in Apollo
Investment funds within funds withheld at interest
Royalties and other assets included in other investments
Unrealized (gains)/losses and other adjustments
Total adjustments to arrive at alternative investments
Gross alternative investments
ACRA noncontrolling interest
Net alternative investments
Quarterly
2Q'21
$
$
7,483
226
1,160
(1,730)
1,646
(76)
(32)
1,194
8,677
(846)
7,831
RECONCILIATION OF TOTAL LIABILITIES
TO NET RESERVE LIABILITIES
(in millions)
Total liabilities
Long-term debt
Derivative liabilities
Payables for collateral on derivatives and securities to
repurchase
Funds withheld liability
Other liabilities
Reinsurance ceded receivables
Policy loans ceded
Other
Total adjustments to arrive at reserve liabilities
Gross reserve liabilities
ACRA noncontrolling interest
Net reserve liabilities
Quarterly
2Q'21
$ 193,878
(2,468)
(214)
(3,890)
(437)
(2,413)
(4,627)
(179)
(7)
(14,235)
179,643
(26,871)
$152,772View entire presentation