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November 29, 2015 7:16 PM ET


Company Overview of BUPA Finance Plc

Company Overview

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.

Bupa House

15 -19 Bloomsbury Way

London,  WC1A 2BA

United Kingdom

Founded in 1993

78,917 Employees

Key Executives for BUPA Finance Plc

Chief Financial Officer and Director
Age: 50
Acting Group Finance Director and Finance and Development Director of Bupa Care Services
Age: 55
Group Treasurer and Director
Deputy Group Treasurer
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

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

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.

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