Preliminary Results 2016

Preliminary results announcement

Presentation playback dial-in details

Playback of the presentation to analysts and investors is available on the following number quoting pass-code 682764#:

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Summary financial results

  • Adjusted Net Asset Value (NAV) at 228.6p per share (2015: 178.9p per share), due to favourable currency movements and
    an increase in the market value of Nedbank;
  • Pre-tax adjusted operating profit (AOP) of 1.7 billion, broadly flat year-on-year in constant and reported currency;
  • AOP earnings per share (EPS) of 19.4p broadly flat (2015: 19.3p) in constant and reported currency, basic EPS of 11.9p
    (2015: 12.7p);
  • IFRS pre-tax profit of 1.2 billion (2015: 1.2 billion), including impairments of 160 million in 2016 in respect of Ecobank
    Transnational Incorporated (ETI), Old Mutual Southern and East Africa (OMSEA) and Old Mutual Wealth Italy;
  • Second interim dividend of 3.39p; total dividend of 6.06p, representing a cover ratio of 3.2 times on AOP;
  • FUM (excluding Rogge) at 394.9 billion up 30%; NCCF of 6.4 billion, excluding Rogge (2015: 6.6 billion).

Old Mutual plc is a public company limited by shares, incorporated in England and Wales under registered number 3591559.
Registered Office: 5th Floor, Millennium Bridge House, 2 Lambeth Hill, London EC4V 4GG.

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