AMP : Full Year Results & Appendix 4E

For personal use only

ASX RELEASE |10 February 2022

AMP Full Year Results & Appendix 4E

In accordance with ASX Listing Rule 4.3A, AMP Limited (AMP) attaches for the full year ended

31 December 2021 its:

• Appendix 4E
• Directors' report; and
• Financial report.

Media enquiries		Investor enquiries
Brett Zarb		Jason Bounassif
Mobile: [phone]		Phone: [phone]
Mark Roberts		Michael Vercoe
Mobile: [phone]		Phone: [phone]
Katherine Perry
Mobile: [phone]

Authorised for release by the AMP Limited Board.

	CORPORATE AFFAIRS
	T 02 9257 6127
AMP LIMITED	E [e-mail]
33 Alfred Street, Sydney NSW 2000 Australia	W AMP.com.au/media
ABN 49 079 354 519	AMP_AU

For personal use only

AMP Limited and its subsidiaries

Appendix 4E Preliminary Final Report under ASX Listing Rule 4.3A

2021

ASX Appendix 4E Preliminary Final Report

for the year ended 31 December 2021

AMP Limited ABN 49 079 354 519 amp.com.au

For personal use only

Contents

Results for announcement to the market

Changes in controlled entities during the year

i

ii

Appendix 4E Preliminary Final Report

under ASX Listing Rule 4.3A

only	Current year:		1 January 2021 to 31 December 2021
Prior corresponding year:		1 January 2020 to 31 December 2020
	Results for announcement to the market
		31 Dec 2021	31 Dec 2020	%
	Financial Results	$m	$m	Movements
	Revenue from ordinary activities of continuing operations	3,297	3,397	3% decrease
use	Revenue from ordinary activities of discontinued operations	-	(23,391)	100% increase
Total revenue from ordinary activities	3,297	(19,964)	117% increase
Profit from ordinary activities of continuing operations after tax attributable
	to members	(252)	53	575% decrease
	Profit from ordinary activities of discontinued operations after tax
	attributable to members	-	124	100% decrease
	Total net profit for the period attributable to members	(252)	177	242% decrease
personal	Dividends
AMP Limited proposed to pay no dividends on full year results.
		31 Dec 2021	31 Dec 2020
	Net tangible assets per ordinary share	$ 1	$
	Net tangible assets per ordinary share	1.08	1.06

1 Net tangible assets per ordinary share is calculated as total equity attributable to AMP shareholders ($3,980m) less the carrying value of intangibles ($344m), defined benefit plan surpluses ($41m) and net assets held for charitable purposes by AMP Foundation ($65m), divided by ordinary fully paid outstanding shares (3,264m).

Additional Appendix 4E disclosure requirements, including the financial statements and commentary on the current year's results are contained in the Directors' Report and Financial Report for the year ended 31 December 2021, which is attached to this report.

This document should be read in conjunction with the AMP Limited Directors' Report and Financial Report for the year ended 31 December 2021 and any public announcements made by AMP Limited and its controlled entities during the year in accordance with the continuous disclosure obligations arising under the Corporations Act 2021 and ASX Listing Rules.

The information in this report is based on the consolidated financial statements of AMP Limited, which have been audited by Ernst & Young (EY). EY have concluded that the Financial report for the year ended 31 December 2021 gives a true and fair view of the consolidated financial position of the AMP group as at 31 December 2021 and of the group's financial performance for the year ended 31 December 2021, except for the effect of a limitation on their ability to obtain sufficient audit evidence on the equity accounted results of AMP's investment in China Life Pension Company (CLPC) as they are still in the process of being audited by their auditor. This has resulted in a qualification to the audit opinion. A copy of their audit report is included in the attached Directors' Report and Financial Report for the year ended 31 December 2021. For

i

Limited AMP its and Appendix subsidiaries 4E

ii

For personal use only

Appendix 4E Preliminary Final Report

under ASX Listing Rule 4.3A

Changes in controlled entities during the year ended 31 December 2021

	Date control
	Gained	Lost
Name of the entity	over entity	over entity
A.C.N. 655 220 670 Pty Limited	10-Nov-21
AMP Capital Investors Infra Debt Asia No.2 (GP) S.à r.l.	14-Sep-21
AMP Capital Private Markets NZ Limited	05-Jul-21
Capital Private Wealth Pty Ltd	20-May-21
Advisory Group Pty Limited		14-Sep-21
AMP Insurance Investment Holdings Pty Limited		24-Feb-21
AMP Administration (NZ) Limited		19-Nov-21
AMP Capital Equity Volatility Premium Fund Class C		03-Nov-21
AMP Capital Global Long Term Alpha Fund		06-Apr-21
AMP Capital Global Long Term Alpha GP Limited		30-Sep-21
AMP GBS Limited		07-Jul-21
AMP Warringah Mall Pty Limited		02-Dec-21
Australian Financial Risk Management (Queensland) Pty Ltd		02-Sep-21
Capital Private Wealth Pty Ltd		03-Dec-21
Cavendish Superannuation Holdings Pty Ltd		23-Apr-21
Exford Pty Ltd		16-Sep-21
Foundation Wealth Advisers Pty Limited		31-Mar-21
Genesys Holdings Pty Ltd		27-Jan-21
Genesys Kew Pty Ltd		27-Jan-21
Intelligent Property Services Pty Ltd		03-Dec-21
ipac Portfolio Management Limited		20-Sep-21
ipac Securities Limited		03-Dec-21
Justsuper Pty Ltd		15-Dec-21
Lindwall Group Pty Ltd		03-Dec-21
Macarthur Financial Planning Pty. Limited		03-Dec-21
MoneyBrilliant Pty Ltd		10-Dec-21
PSK Financial Services 25 Pty Limited		03-Dec-21
PSK Financial Services Group Pty Ltd		03-Dec-21
QQT Investment 2 Pty Limited		02-Jul-21
Stature Wealth Management Pty. Ltd.		03-Dec-21
Strategic Wealth Solutions Pty Limited		03-Dec-21
TM Securities Pty Ltd		01-Aug-21
Trenthills Financial Services Pty Limited		27-Jan-21
Wainscott Financial Planning And Advice Pty Ltd		13-Aug-21