Diversification and Growth Financial Performance
11
Earnings Momentum: Group operating profit +8%¹
Well diversified life profit
Life IFRS operating profit, HY22
% YoY CER¹
High quality
IFRS insurance income, HY22
Central costs reducing
Group P&L HY21-22
$m
HY21
HY22
CPL+7%2
Hong Kong+10%
Spread
With Profit
Fee
(CER¹)
%
Growth
Life
1,768
1,898
7%
Eastspring
155
131
(15)%
Segment Profit
1,923 2,029
6%
Indonesia (12)%
$1.9bn
Malaysia +9%
+7%
Central items
Group Operating Profit
Short-term fluctuations4
Insurance Margin
Other
81%
PBT
(392) (368)
1,531 1,661
(234)
(96)
1,201
6%
8%
(1,383) n/a
22
n/a
300
(75)
Singapore +9%
Tax
Profit Continuing Ops
1,025
(176) (194)
106
(10)
(90)
Growth markets +21%
3
Other items (1) %³
1. Constant exchange rate basis (CER).
2. CITIC Prudential Life (CPL). New business in CPL is included at Prudential's 50 per cent interest in the joint venture.
3. Other items of $160 million (HY21: $161m CER), includes a non-recurring Hong Kong RBC related benefit.
4. Includes a non-recurring HK RBC related benefit.View entire presentation