(Source: Prudential plc) NEWS RELEASE London,10 August 2016 PRUDENTIAL PLC 2016 HALF YEAR RESULTS ASIA DRIVES GROWTH AND CASH GENERATION Performance Highlights on a constant (and actual) exchange rate basis · Group IFRS operating profit of £2,059 million, up 6 per cent (up 9 per cent) · Asia IFRS operating profit of £743 million and free surplus generation of £419 million, both up 15 per cent (both up 18 per cent) · Asia new business profit of £824 million, up 20 per cent (up 24 per cent) · 9 per cent increase in US variable annuity IFRS operating profit to £642 million (up 16 per cent) · UK life retail APE sales of £593 million, up 51 per cent, with PruFund sales up 80 per cent to £438...
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