NET CASH GENERATION UP 16%, ROE1 OF 20%, SII SURPLUS OF £5.3BN
FINANCIAL HIGHLIGHTS:
NET CASH GENERATION UP 16% TO £727M (H1 2015: £629M) ADJUSTED OPERATING PROFIT3 UP 10% TO £822M (H1 2015: £750M) PROFIT AFTER TAX UP 22% TO £667M (H1 2015: £547M) EARNINGS PER SHARE UP 24% TO 11.27P (H1 2015: 9.11P) ADJUSTED EARNINGS PER SHARE4 UP 14% TO 11.20P (H1 2015: 9.79P) RETURN ON EQUITY1 20.4% (H1 2015: 19.1%) SOLVENCY II SURPLUS OF £5.3BN (FY 2015: £5.5BN) SOLVENCY II COVERAGE RATIO OF 158%, (163% ON A SHAREHOLDER BASIS)
NEW FORMULAIC APPROACH TO SETTING THE INTERIM DIVIDEND: 30% OF 2015 FULL YEAR DIVIDEND AT 4.00P PER SHARE
