Key Performance Indicators (KPIs) are the measures by which the development, performance or position of the business can be measured effectively.
The Group Board reviews the KPIs annually and updates them where appropriate.
|KPI||2018 Performance||2017 Performance|
1. Excludes mortality reserve releases (2018: £433m, 2017: £332m). 2018 mortality release of £433m from LGR’s £44.5bn of net longevity exposure relates to changes in longevity improvement assumptions to align to CMI 2016 tables.
2. Excludes Mature Savings and Legal & General Netherlands
3. Earnings per share is calculated by dividing profit after tax attributable to equity holders of the Company, by the weighted average number of ordinary shares in issue during the period. Represents profit before tax attributable to equity holders. Excluding mortality releases and one-off US tax benefit, 2017 EPS is 24.74p (2016: 23.10p).
4. These are ‘Alternative Performance Measures’
|Net release from continuing operations2||£1,396m||£1,352m|
|Earnings per share3||30.79p||31.87p|
|Return on equity||22.7%||25.6%|
|Full year dividend||16.42p||15.35p|
|Profit before tax (PBT) attributable to equity holders||£2,128m||£2,090m|
|Worldwide employee engagement index||72%||77%|
|Total shareholder return (TSR)
(Over the three year period ended 31 December)
|Solvency II capital surplus 4||£6.9bn||£6.9bn|
|Solvency II capital coverage ratio (shareholder basis)4||188%||189%|
|Standard & Poor's financial strength||AA-||AA-|