September 27, 2016 11:42 AM ET

Diversified Financial Services

Company Overview of Friends Life Holdings plc

Company Overview

Friends Life Holdings plc is a debt issuing vehicle. It holds three subordinated debt instruments listed on the London Stock Exchange. Friends Life Holdings plc was formerly known as Friends Life Group plc and changed its name to Friends Life Holdings plc in May 2014. The company was incorporated in 2009 and is based in Dorking, United Kingdom. Friends Life Holdings plc operates as a subsidiary of Aviva Group Holdings Limited.

Pixham End

Dorking,  RH4 1QA

United Kingdom

Founded in 2009

Phone:

44 84 5602 9189

Key Executives for Friends Life Holdings plc

Group Chief Executive Officer and Executive Director
Age: 50
Chief Executive Officer of Heritage Division
Company Secretary
Compensation as of Fiscal Year 2016.

Friends Life Holdings plc Key Developments

Friends Life Holdings plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016

Friends Life Group plc reported unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported total revenues of £112 million against £83 million a year ago. Profit before tax from continuing operations was £9 million against £17 million a year ago. Profit after tax from continuing operations was £7 million against £16 million a year ago. Profit for the period was £7 million against £20 million a year ago. Net cash inflow from operating activities was £90 million against £63 million a year ago. Additions to internally generated intangible assets were £1 million against £2 million a year ago.

Friends Life Group plc Reports Consolidated Earnings Results for the Full Year Ended December 31, 2015

Friends Life Group plc reported consolidated earnings results for the full year ended December 31, 2015. For the year, the company’s total revenue was £145 million compared to £97 million last year. Profit before tax from continuing operations was £15 million compared to loss of £41 million last year. Profit after tax from continuing operations was £14 million compared to loss of £29 million last year. Loss attributable to equity holders of the company from continuing operations was £6 million compared to £60 million last year. Net cash inflow from operating activities was £102 million compared to £407 million last year.

Friends Life Group plc Reports Consolidated Earnings Results for the Six Months Ended June 30, 2015

Friends Life Group plc reported consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported total revenues of £83 million against £42 million a year ago. Profit before tax from continuing operations was £17 million against Loss before tax of £8 million a year ago. Profit attributable to equity holders of the company from continuing operations was £1 million against loss attributable to equity holders of the company from continuing operations of £22 million a year ago. Total profit for the period was £20 million against total loss for the period of £33 million a year ago. Net cash inflow from operating activities was £63 million against £301 million a year ago.

Recent Private Companies Transactions

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