Company Overview of BUPA Finance Plc
Bupa Finance plc operates as a healthcare group worldwide. It offers health insurance and medical subscription products; workplace health services, home healthcare, health assessments and coaching, and long-term condition management services; optical care, care management, and analytic services; nursing, residential, and respite care services; and telecare services. The company also operates care homes, retirement villages, hospitals, primary care centers, and dental clinics. It serves approximately 22 million customers. The company was incorporated in 1993 and is based in London, the United Kingdom. BUPA Finance plc is a subsidiary of The British United Provident Association Limited.
15 -19 Bloomsbury Way
London, WC1A 2BA
Founded in 1993
Key Executives for BUPA Finance Plc
Chief Financial Officer and Director
Acting Group Finance Director and Finance and Development Director of Bupa Care Services
Group Treasurer and Director
Compensation as of Fiscal Year 2015.
BUPA Finance Plc Key Developments
BUPA Finance Plc Reports Earnings Results for the Six Months Ended June 30, 2015
Aug 13 15
BUPA Finance Plc reported earnings results for the six months ended June 30, 2015. For the period, the company reported total revenue of £4,916.6 million, underlying profit before tax of £295.3 million, profit before taxation expense of £297.5 million, net loss of £238.7 million against total revenue of £4,770.9 million, underlying profit before tax of £296.1 million, profit before taxation expense of £305.2 million, net loss of £244.1 million a year ago. Revenue growth was achieved in all Markets Units except for Bupa Global, although underlying profit was steady at AER, driven by a number of factors. Net cash from operating activities of £480.2 million compared to £572.4 million a year ago. Capital expenditure were £152.8 million compared to £135.5 million a year ago.
KPMG LLP Replaces KPMG Audit Plc as Auditor of Bupa Finance plc
Jun 12 14
Bupa Finance plc's auditor, KPMG Audit Plc has instigated an orderly wind down of its business. Consequently, KPMG Audit plc has resigned from their position and a resolution to appoint KPMG LLP, an intermediary parent of KPMG Audit plc, as auditor was accepted by the company's shareholder on 11 June 2014.
BUPA Finance Plc Announces Redemption of £100 Million 10.5% Subordinated Guaranteed Bonds Due 2018
Oct 30 13
BUPA Finance Plc announced the redemption of £100,000,000 10.5% subordinated guaranteed bonds due 2018. The company has given notice in accordance with condition 13 of the terms and conditions of the bonds as set out in offering circular dated 18 May 1993 that, on 3 December 2013, it will redeem the bonds in accordance with condition 5(2) of the terms and conditions of the bonds. The outstanding bonds will be redeemed at 100% of their principal amount outstanding. Following such redemption, there will be no bonds outstanding. Bupa Finance plc has applied to the Financial Conduct Authority, in its capacity as the United Kingdom Listing Authority, to cancel the listing of the bonds on the official list of the United Kingdom Listing Authority, with effect from (and including) 4 December 2013.
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