2019 Integrated Report

Profit-share allocations Key indicators 2019 Five year review Through its unique mutual model, all the profits are ultimately attributable to our members. This is achieved by allocating operating profit and investment returns to the members’ PPS Profit-share Account which is available to members on retirement, or to their beneficiaries on death. Total Annual profit- share allocations N$205.9 million 0 50 100 150 200 250 2019 2018 2017 2016 2015 N$’m Annual Operating profit allocations N$61.9 million 0 20 40 60 80 2019 2018 2017 2016 2015 N$’m Annual Investment profit/(loss) allocations N$144.0 million -60 -30 0 30 60 90 120 150 2019 2018 2017 2016 2015 N$’m Annual gross benefits paid to members N$106.7 million 0 20 40 60 80 100 120 2019 2018 2017 2016 2015 N$’m Annual gross benefits paid to members & profit-share allocations N$312.6 million 0 50 100 150 200 250 300 350 2019 2018 2017 2016 2015 N$’m Cumulative profit- share allocations for the last 5 years N$665.2 million 0 200 400 600 800 2019 2018 2017 2016 2015 N$’m GROUP PERFORMANCE AT A GLANCE | 49