Great results!19 Mar 2009 07:18
Embargo: 07.00am Thursday 19 March 2009
PRUDENTIAL PLC DELIVERS VERY STRONG 2008 FULL YEAR RESULTS
Embedded Value:
• EEV Operating Profit of £2,961 million up 17%
• New Business Profit of £1,307 million up 8%
• Asset management operating profit up 3% to £345 million
• EEV Shareholders’ funds up 2% to £15.0 billion
• Net asset value per share £5.99 (2007: £5.91)
• Return on Embedded Value of 15.0% (2007: 15.4%)
IFRS:
• IFRS statutory operating profit of £1,347 million up 12%
• IFRS Shareholders’ funds of £5.1 billion (2007: £6.1 billion)
• Net asset value per share £2.03 (2007: £2.45)