Apollo Global Management Investor Day Presentation Deck
Reconciliation of GAAP to Non-GAAP Financial Measures
ATHENE
RECONCILIATION OF CLASS A COMMON SHARES OUTSTANDING
TO ADJUSTED OPERATING COMMON SHARES OUTSTANDING
(in millions)
Class A common shares outstanding
Conversion of Class B common shares to Class A common shares
Effect of other stock compensation plans
Adjusted operating common shares outstanding
RECONCILIATION OF TOTAL AHL SHAREHOLDERS' EQUITY TO
TOTAL ADJUSTED AHL COMMON SHAREHOLDERS' EQUITY
(in millions)
Total AHL shareholders' equity
Less: Preferred stock
Total AHL common shareholders' equity
Less: AOCI
Less: Accumulated change in fair value of reinsurance assets
Total adjusted AHL common shareholders' equity
APOLLO INVESTOR DAY 2021
$
2009
$
0.1
9.7
9.8
2009
113
113
1
112
2Q'21
191.6
$
8.1
199.7
2Q'21
$ 20,006
2,312
17,694
3,337
886
13,471
RECONCILIATION OF BOOK VALUE PER COMMON SHARE
TO ADJUSTED BOOK VALUE PER COMMON SHARE
Book value per common share
AOCI
Accumulated change in fair value of reinsurance assets
Effect of items convertible to or settled in Class A common shares
Adjusted book value per common share
RECONCILIATION OF DEBT TO CAPITAL RATIO
TO ADJUSTED DEBT TO CAPITAL RATIO
(in millions, except percentages)
Total debt
Total AHL shareholders' equity
Total capitalization
Less: Accumulated other comprehensive income (AOCI)
Less: Accumulated change in fair value of reinsurance assets
Total adjusted capitalization
Debt to capital ratio
AOCI
Accumulated change in fair value of reinsurance assets
Adjusted debt to capital ratio
$
$
2009
11.62
(0.13)
11.49
$
$
2Q'21
92.33
(17.41)
(4.62)
(2.84)
67.46
2Q'21
2,468
20,006
22,474
3,337
886
$ 18,251
$
11.0%
2.0%
0.5%
13.5%View entire presentation