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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Old Mutual

OMU.VX · Victoria Falls Stock Exchange · Incorporated in South Africa · Consolidated statements

On this page
Company details
Legal name
Old Mutual Limited
Incorporated in
South Africa
Listing
OMU.VX on the Victoria Falls Stock Exchange, active · ISIN ZAE000255360 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 December

Overview

Year ended 31 December 2025 · published summary of audited statements, final status not established · source

Read with these figures

  • Published summary of audited statements not confirmed as final. The published copy is not confirmed as the final version. The FY2025 figures come from it.
Full wording and sources

  • Published summary of audited statements for 2025: final status not established

    Published by the company (results booklet on its website). No auditor's report on the summary is printed; the summary states that it was extracted from the audited consolidated annual financial statements (joint auditors Deloitte & Touche and Ernst & Young Inc., unmodified opinion) and that 'The summarised consolidated financial information itself is not audited' (PDF p100, page image). The directors approved the summarised statements on 16 March 2026 (p100); no signature is shown.

    Source: OLD MUTUAL Group Annual Results for the year ended 31 December 2025 (dated 2026-03-16)

  • 2025, 2024: figures from a published summary

    These columns come from a summary of the audited statements, not the full audited financial statements. 'The summarised consolidated financial information for the year ended 31 December 2025 and the notes to the summarised consolidated annual financial statements, were extracted from the consolidated annual financial statements which have been audited by the independent joint auditors' (note A1 1.1, p100) No auditor's report on the summary is printed; the summary states that 'The summarised consolidated financial information for the year ended 31 December 2025 and the notes to the summarised consolidated annual financial statements, were extracted from the consolidated annual financial statements which have been audited by the independent joint auditors, Deloitte & Touche and Ernst & Young Inc, who expressed an unmodified opinion thereon. The summarised consolidated financial information itself is not audited.' (p100; also p2). Summarised consolidated income statement (p92), statement of comprehensive income (p93), statement of financial position (p94), statement of cash flows (p95), statement of changes in equity (p96) and selected notes (p100 onward). The cash flow statement is condensed (operating activities in four lines). No total equity and liabilities line and no current/non-current split is printed (liquidity presentation).

    Source: OLD MUTUAL Group Annual Results for the year ended 31 December 2025 (dated 2026-03-16)

  • Published summary of audited statements for 2024: final status not established

    Published as the company's Integrated Report 2024, filed on the Malawi Stock Exchange (announcement 'Old Mutual 2024 Annual Results', 2 April 2025). No auditor's report on the summarised statements is printed; the report states 'Although this report was not audited, it contains certain information that was extracted from the audited consolidated annual financial statements for the year ended 31 December 2024, on which an unmodified audit opinion has been expressed by the Group's joint independent external auditors, Ernst & Young and Deloitte & Touche' (PDF p4). The Board approved the report for release on 18 March 2025 (p3); no signature is shown.

    Source: OLD MUTUAL Integrated Report 2024 For the year ended 31 December 2024 (dated 2025-03-18)

  • 2023: figures from a published summary

    These columns come from a summary of the audited statements, not the full audited financial statements. 'Although this report was not audited, it contains certain information that was extracted from the audited consolidated annual financial statements for the year ended 31 December 2024, on which an unmodified audit opinion has been expressed by the Group's joint independent external auditors, Ernst & Young and Deloitte & Touche.' (p4) No auditor's report on the summary is printed. The report states: 'Although this report was not audited, it contains certain information that was extracted from the audited consolidated annual financial statements for the year ended 31 December 2024, on which an unmodified audit opinion has been expressed by the Group's joint independent external auditors, Ernst & Young and Deloitte & Touche. Our Group internal audit provided limited assurance for non-financial information disclosures.' (p4); 'Certain financial information included in this report was extracted from the audited consolidated annual financial statements' (p4); 'The financial information disclosed in the report has been assured by our external auditors.' (p4). Summarised consolidated statement of financial position and summarised consolidated income statement only (p90). No statement of comprehensive income, changes in equity or cash flows is printed. No total equity and liabilities line and no current/non-current split (liquidity presentation). The summary sits in the 'Group financial performance' section of an integrated report, not in a results announcement.

    Source: OLD MUTUAL Integrated Report 2024 For the year ended 31 December 2024 (dated 2025-03-18)

  • Insurance revenue (IFRS 17)

    ZAR 81.6 billion

    81,572 ZAR millions · p92

    +12.3% vs 2024

    IFRS 17 insurance revenue, as printed: not gross written premiums.

  • Insurance service result

    ZAR 16.9 billion

    16,916 ZAR millions · p92

    +46.0% vs 2024

  • Profit / (loss) for the year

    ZAR 9.22 billion

    9,217 ZAR millions · p92

    +9.8% vs 2024

  • Total assets

    ZAR 1.37 trillion

    1,367,923 ZAR millions · p94

    +10.8% vs 2024

  • Insurance contract liabilities

    ZAR 759 billion

    758,659 ZAR millions · p94

    +14.1% vs 2024

  • Total equity

    ZAR 63.1 billion

    63,058 ZAR millions · p94

    +2.1% vs 2024

Large amounts are rounded for reading (ZAR million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in ZAR millions unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY2025 — published summary of audited statements (summary), final status not established; reported for the year · source
  • FY2024 — published summary of audited statements (summary), final status not established; comparative in the FY2025 filing · source
    • 2025, 2024: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'The summarised consolidated financial information for the year ended 31 December 2025 and the notes to the summarised consolidated annual financial statements, were extracted from the consolidated annual financial statements which have been audited by the independent joint auditors' (note A1 1.1, p100) No auditor's report on the summary is printed; the summary states that 'The summarised consolidated financial information for the year ended 31 December 2025 and the notes to the summarised consolidated annual financial statements, were extracted from the consolidated annual financial statements which have been audited by the independent joint auditors, Deloitte & Touche and Ernst & Young Inc, who expressed an unmodified opinion thereon. The summarised consolidated financial information itself is not audited.' (p100; also p2). Summarised consolidated income statement (p92), statement of comprehensive income (p93), statement of financial position (p94), statement of cash flows (p95), statement of changes in equity (p96) and selected notes (p100 onward). The cash flow statement is condensed (operating activities in four lines). No total equity and liabilities line and no current/non-current split is printed (liquidity presentation).
  • FY2023 — published summary of audited statements (summary), final status not established; comparative in the FY2024 filing · source
    • Published summary of audited statements for 2024: final status not established. Published as the company's Integrated Report 2024, filed on the Malawi Stock Exchange (announcement 'Old Mutual 2024 Annual Results', 2 April 2025). No auditor's report on the summarised statements is printed; the report states 'Although this report was not audited, it contains certain information that was extracted from the audited consolidated annual financial statements for the year ended 31 December 2024, on which an unmodified audit opinion has been expressed by the Group's joint independent external auditors, Ernst & Young and Deloitte & Touche' (PDF p4). The Board approved the report for release on 18 March 2025 (p3); no signature is shown.
    • 2023: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'Although this report was not audited, it contains certain information that was extracted from the audited consolidated annual financial statements for the year ended 31 December 2024, on which an unmodified audit opinion has been expressed by the Group's joint independent external auditors, Ernst & Young and Deloitte & Touche.' (p4) No auditor's report on the summary is printed. The report states: 'Although this report was not audited, it contains certain information that was extracted from the audited consolidated annual financial statements for the year ended 31 December 2024, on which an unmodified audit opinion has been expressed by the Group's joint independent external auditors, Ernst & Young and Deloitte & Touche. Our Group internal audit provided limited assurance for non-financial information disclosures.' (p4); 'Certain financial information included in this report was extracted from the audited consolidated annual financial statements' (p4); 'The financial information disclosed in the report has been assured by our external auditors.' (p4). Summarised consolidated statement of financial position and summarised consolidated income statement only (p90). No statement of comprehensive income, changes in equity or cash flows is printed. No total equity and liabilities line and no current/non-current split (liquidity presentation). The summary sits in the 'Group financial performance' section of an integrated report, not in a results announcement.

Income statement

Income statement, ZAR millions. Columns: FY2025 — published summary of audited statements (final status not established), as reported for the year; FY2024 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2025; FY2023 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2024.
Line (as printed) FY2025Published summary of audited statements (summary)reported for the yearFY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitationsFY2023Published summary of audited statements (summary)comparative in FY2024 filingsource limitations
Insurance revenue 81,572 72,664 68,260
Insurance service expenses (60,721) (57,761) (54,450)
Net expenses from reinsurance contracts (3,935) (3,314) (3,049)
Total insurance service result 16,916 11,589 10,761
Net investment return1 222,541 152,623 135,641
Net finance expenses from insurance contracts (136,340) (96,671) (83,108)
Net finance (expense)/income from reinsurance contracts23 (37) 336 586
Change in investment contract liabilities45 (42,586) (30,377) (25,035)
Change in third-party interest in consolidated funds6 (25,971) (11,057) (12,753)
Total net investment result7 17,607 14,854 15,331
Banking interest and similar income8 4,420 4,494 4,379
Banking trading, investment and similar income9 321 1,477 1,539
Fee and commission income, and income from service activities10 11,206 9,489 8,432
Other income 2,844 2,258 1,359
Total non-insurance revenue and income11 18,791 17,718 15,709
Credit impairment charges (1,985) (1,669) (2,349)
Finance costs (840) (1,091) (1,020)
Banking interest payable and similar expenses12 (346) (625) (852)
Other operating and administrative expenses11314 (28,000) (24,733) (23,724)
Total non-insurance expenses15 (31,171) (28,118) (27,945)
Share of gains of associated undertakings and joint ventures after tax 493 689 110
Impairment of investments in associated undertakings16 –17 (575) –17
Gains/(loss) on disposal of subsidiaries and associated undertakings1819 78 (660) –17
Profit before tax 22,714 15,497 13,966
Income tax expense (13,497) (7,106) (6,333)
Profit after tax for the financial year 9,217 8,391 7,633
Ordinary shares20 809 722 568
Diluted earnings per ordinary share (cents)21 1.89822 1.70423 1.54124
Losses on property revaluations25 (22) (63) Not reported in this filing26
Remeasurement gains on defined benefit plans27 53 108 Not reported in this filing28
Fair value movements related to credit risk on borrowed funds129 (90) (8) Not reported in this filing30
Income tax on items that will not be reclassified to profit or loss31 20 16 Not reported in this filing32
Currency translation differences on translating foreign operations133 (1,332) (1,744) Not reported in this filing34
Income tax on items that may be reclassified to profit or loss35 –36 (3) Not reported in this filing37
Total comprehensive income for the financial year 7,846 6,697 Not reported in this filing38
Equity holders of the parent39 7,224 6,127 Not reported in this filing40
Ordinary shares41 622 570 Not reported in this filing42
  1. Printed “–”, read as nil: subtotal_arithmetic: is.profit_before_tax.
  2. Printed as 189.8 cents; value converted to ZAR at 100 cents = 1 ZAR.
  3. Printed as 170.4 cents; value converted to ZAR at 100 cents = 1 ZAR.
  4. Printed as 154.1 cents; value converted to ZAR at 100 cents = 1 ZAR.
  5. Printed “–”, read as nil: subtotal_arithmetic: is.total_comprehensive_income.
Notes and alternative reported figures (37)
  1. Printed under different labels across filings: “Net investment return”; “Net investment return1”.
  2. “Net finance (expense)/income from reinsurance contracts” is an issuer-specific line, not mapped to a shared definition: Note F1.2.
  3. Printed under different labels across filings: “Net finance (expense)/income from reinsurance contracts”; “Net finance income from reinsurance contracts”.
  4. “Change in investment contract liabilities” is an issuer-specific line, not mapped to a shared definition: Investment result.
  5. Printed under different labels across filings: “Change in investment contract liabilities”; “Change in investment contract liabilities1”.
  6. “Change in third-party interest in consolidated funds” is an issuer-specific line, not mapped to a shared definition: Investment result.
  7. “Total net investment result” is an issuer-specific line, not mapped to a shared definition: Subtotal of the investment result.
  8. “Banking interest and similar income” is an issuer-specific line, not mapped to a shared definition: Non-insurance revenue.
  9. “Banking trading, investment and similar income” is an issuer-specific line, not mapped to a shared definition: Non-insurance revenue.
  10. “Fee and commission income, and income from service activities”: mapping to a shared definition is uncertain. Includes income from service activities.
  11. “Total non-insurance revenue and income” is an issuer-specific line, not mapped to a shared definition: Subtotal.
  12. “Banking interest payable and similar expenses” is an issuer-specific line, not mapped to a shared definition: Non-insurance expense.
  13. “Other operating and administrative expenses1” is an issuer-specific line, not mapped to a shared definition: Non-insurance expense; footnote 1 (includes finance costs of R1 452 million).
  14. Printed under different labels across filings: “Other operating and administrative expenses1”; “Other operating and administrative expenses2”.
  15. “Total non-insurance expenses” is an issuer-specific line, not mapped to a shared definition: Subtotal.
  16. “Impairment of investments in associated undertakings” is an issuer-specific line, not mapped to a shared definition: Impairment.
  17. “Gains/(loss) on disposal of subsidiaries and associated undertakings” is an issuer-specific line, not mapped to a shared definition: Disposal results.
  18. Printed under different labels across filings: “Gains/(loss) on disposal of subsidiaries and associated undertakings”; “Loss on disposal of subsidiaries and associated undertakings”.
  19. “Ordinary shares” is an issuer-specific line, not mapped to a shared definition: Profit after tax attributable to non-controlling interests (ordinary shares).
  20. “Diluted earnings per ordinary share (cents)” is an issuer-specific line, not mapped to a shared definition: Diluted EPS, printed apart from basic and different.
  21. “Losses on property revaluations” is an issuer-specific line, not mapped to a shared definition: OCI, not reclassified.
  22. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of comprehensive income, so there is no 'Losses on property revaluations' line (the income statement on p90 ends at profit after tax and its attribution). Text layer (whole-document search of all 114 pages).
  23. “Remeasurement gains on defined benefit plans” is an issuer-specific line, not mapped to a shared definition: OCI, not reclassified.
  24. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of comprehensive income, so there is no 'Remeasurement gains on defined benefit plans' line (the income statement on p90 ends at profit after tax and its attribution). Text layer (whole-document search of all 114 pages).
  25. “Fair value movements related to credit risk on borrowed funds1” is an issuer-specific line, not mapped to a shared definition: OCI, not reclassified (no tax impact, footnote 1).
  26. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of comprehensive income, so there is no 'Fair value movements related to credit risk on borrowed funds1' line (the income statement on p90 ends at profit after tax and its attribution). Text layer (whole-document search of all 114 pages).
  27. “Income tax on items that will not be reclassified to profit or loss” is an issuer-specific line, not mapped to a shared definition: OCI tax.
  28. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of comprehensive income, so there is no 'Income tax on items that will not be reclassified to profit or loss' line (the income statement on p90 ends at profit after tax and its attribution). Text layer (whole-document search of all 114 pages).
  29. “Currency translation differences on translating foreign operations1” is an issuer-specific line, not mapped to a shared definition: OCI, may be reclassified (no tax impact, footnote 1).
  30. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of comprehensive income, so there is no 'Currency translation differences on translating foreign operations1' line (the income statement on p90 ends at profit after tax and its attribution). Text layer (whole-document search of all 114 pages).
  31. “Income tax on items that may be reclassified to profit or loss” is an issuer-specific line, not mapped to a shared definition: OCI tax.
  32. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of comprehensive income, so there is no 'Income tax on items that may be reclassified to profit or loss' line (the income statement on p90 ends at profit after tax and its attribution). Text layer (whole-document search of all 114 pages).
  33. Not reported in this filing: Not printed in the summary publication.
  34. “Equity holders of the parent” is an issuer-specific line, not mapped to a shared definition: Total comprehensive income attributable to equity holders of the parent.
  35. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of comprehensive income, so there is no 'total comprehensive income attributable to equity holders of the parent' line (the income statement on p90 ends at profit after tax and its attribution). Text layer (whole-document search of all 114 pages).
  36. “Ordinary shares” is an issuer-specific line, not mapped to a shared definition: Total comprehensive income attributable to NCI.
  37. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of comprehensive income, so there is no 'total comprehensive income attributable to non-controlling interests (ordinary shares)' line (the income statement on p90 ends at profit after tax and its attribution). Text layer (whole-document search of all 114 pages).

Balance sheet

Balance sheet, ZAR millions. Columns: FY2025 — published summary of audited statements (final status not established), as reported for the year; FY2024 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2025; FY2023 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2024.
Line (as printed) FY2025Published summary of audited statements (summary)reported for the yearFY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitationsFY2023Published summary of audited statements (summary)comparative in FY2024 filingsource limitations
Goodwill and other intangible assets1 8,277 8,269 7,833
Property, plant and equipment2 8,980 8,859 9,598
Investment property 43,184 42,055 47,172
Deferred tax assets 3,271 3,767 3,945
Investments in associated undertakings and joint ventures3 1,593 1,669 1,075
Costs of obtaining contracts4 370 408 431
Loans and advances5 19,245 18,335 18,210
Investments and securities6 1,194,115 1,035,232 957,860
Other investments and securities including term deposits7 1,173,531 1,001,761 936,525
Cash and cash equivalents8 20,584 33,471 21,335
Insurance contract assets 7,732 6,472 4,992
Reinsurance contract assets 8,393 8,563 8,798
Current tax receivable 338 354 497
Trade, other receivables and other assets2910 24,268 47,75911 49,093
Derivative financial instruments 6,646 4,987 8,210
Assets held for sale1213 1,326 9,414 1,058
Cash and cash equivalents114 40,185 38,61215 38,121
Total assets 1,367,923 1,234,75516 1,157,026
Insurance contract liabilities 758,659 664,643 619,200
Reinsurance contract liabilities 2,381 2,438 1,706
Investment contract liabilities17 281,406 256,435 230,369
Third-party interests in consolidated funds18 139,553 117,896 109,548
Derivative financial instruments19 7,681 8,332 11,587
Borrowed funds 10,788 12,875 16,085
Provisions 2,607 2,259 2,001
Contract liabilities 531 449 495
Deferred tax liabilities 13,248 6,540 5,232
Current tax payable 1,008 767 453
Trade, other payables and other liabilities22021 79,007 92,63422 96,636
Amounts owed to bank depositors 7,996 6,048 5,139
Liabilities held for sale23 –24 1,674 –24
Total liabilities 1,304,865 1,172,99025 1,098,451
Net assets26 63,058 61,765 58,575
Equity attributable to the equity holders of the parent 60,138 58,775 56,060
Total non-controlling interests27 2,920 2,990 2,515
Total equity 63,058 61,765 58,575
Mandatory reserve deposits with central banks28 Not reported in this filing29 Not reported in this filing2930 133
  1. Printed “–”, read as nil: subtotal_arithmetic: bs.total_liabilities.
Notes and alternative reported figures (29)
  1. “Goodwill and other intangible assets” is an issuer-specific line, not mapped to a shared definition: Goodwill and other intangible assets printed as one line.
  2. Printed under different labels across filings: “Property, plant and equipment”; “Property, plant and equipment1”.
  3. “Investments in associated undertakings and joint ventures”: mapping to a shared definition is uncertain. Associates and joint ventures together.
  4. “Costs of obtaining contracts” is an issuer-specific line, not mapped to a shared definition: Asset.
  5. “Loans and advances”: mapping to a shared definition is uncertain. Printed 'Loans and advances'.
  6. Printed under different labels across filings: “Investments and securities”; “Investments and securities1”.
  7. “Other investments and securities including term deposits” is an issuer-specific line, not mapped to a shared definition: Component of investments and securities.
  8. “Cash and cash equivalents” is an issuer-specific line, not mapped to a shared definition: Component of investments and securities.
  9. “Trade, other receivables and other assets2”: mapping to a shared definition is uncertain. Trade, other receivables and other assets printed as one line.
  10. Printed under different labels across filings: “Trade, other receivables and other assets1”; “Trade, other receivables and other assets2”.
  11. Published summary of audited statements dated 2025-03-18 prints 48 285 (millions, p90) for this line and year.
  12. “Assets held for sale” is an issuer-specific line, not mapped to a shared definition: Note H5.
  13. Printed under different labels across filings: “Assets held for sale”; “Assets held for sale2”.
  14. Printed under different labels across filings: “Cash and cash equivalents”; “Cash and cash equivalents1”.
  15. Published summary of audited statements dated 2025-03-18 prints 38 434 (millions, p90) for this line and year.
  16. Published summary of audited statements dated 2025-03-18 prints 1 235 281 (millions, p90) for this line and year.
  17. Printed under different labels across filings: “Investment contract liabilities”; “Investment contract liabilities1”.
  18. “Third-party interests in consolidated funds” is an issuer-specific line, not mapped to a shared definition: Liability.
  19. Printed under different labels across filings: “Derivative financial instruments”; “Derivative financial instruments2”.
  20. “Trade, other payables and other liabilities2”: mapping to a shared definition is uncertain. Trade, other payables and other liabilities printed as one line.
  21. Printed under different labels across filings: “Trade, other payables and other liabilities1”; “Trade, other payables and other liabilities2”.
  22. Published summary of audited statements dated 2025-03-18 prints 93 160 (millions, p90) for this line and year.
  23. “Liabilities held for sale” is an issuer-specific line, not mapped to a shared definition: Note H5.
  24. Published summary of audited statements dated 2025-03-18 prints 1 173 516 (millions, p90) for this line and year.
  25. “Net assets” is an issuer-specific line, not mapped to a shared definition: Total assets less total liabilities, as printed.
  26. Printed under different labels across filings: “Non-controlling interests”; “Total non-controlling interests”.
  27. “Mandatory reserve deposits with central banks” is an issuer-specific line, not mapped to a shared definition: Asset (banking).
  28. Not reported in this filing: Not reported separately: included in 'Cash and cash equivalents' (the line marked with footnote 1, p94). Footnote 1 of the FY2025 Summarised consolidated statement of financial position states that the 'Mandatory reserve deposits within central banks' line previously shown separately has been aggregated into that 'Cash and cash equivalents' line. Text layer.
  29. Published summary of audited statements dated 2025-03-18 presents this line for this year: 178 (p90). Not shown in this column, which follows one filing's presentation.

Cash flow

Cash flow, ZAR millions. Columns: FY2025 — published summary of audited statements (final status not established), as reported for the year; FY2024 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2025; FY2023 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2024.
Line (as printed) FY2025Published summary of audited statements (summary)reported for the yearFY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitationsFY2023Published summary of audited statements (summary)comparative in FY2024 filingsource limitations
Profit before tax1 22,714 15,497 Not reported in this filing2
Non-cash movements and adjustments to profit before tax3 (134,749) (76,927) Not reported in this filing4
Net changes in working capital5 115,817 90,812 Not reported in this filing6
Taxation paid (6,253) (5,280) Not reported in this filing7
Net cash (outflow)/inflow from operating activities1 (2,471) 24,102 Not reported in this filing8
Acquisition of investment properties9 (1,153) (1,985) Not reported in this filing10
Dividends received from associated undertakings11 108 136 Not reported in this filing12
Proceeds from disposal of investment properties13 643 398 Not reported in this filing14
Acquisition of property, plant and equipment (1,013) (897) Not reported in this filing15
Proceeds from disposal of property, plant and equipment 53 235 Not reported in this filing16
Acquisition of intangible assets (1,044) (1,238) Not reported in this filing17
Proceeds from disposal of intangible assets18 54 12 Not reported in this filing19
Acquisition of interests in subsidiaries, associated undertakings and joint ventures20 (102) (1,196) Not reported in this filing21
Proceeds from the disposal of interests in subsidiaries322 2,667 246 Not reported in this filing23
Proceeds from associated undertaking and joint ventures324 888 –25 Not reported in this filing26
Net cash inflow/(outflow) from investing activities 1,101 (4,289) Not reported in this filing8
Ordinary equity holders of the Company (3,797) (3,377) Not reported in this filing27
Non-controlling interests and preferred security interests28 (156) (162) Not reported in this filing29
Interest paid (excluding banking interest paid) (1,409) (1,237) Not reported in this filing30
Acquisition of treasury shares – ordinary shares31 (986) (599) Not reported in this filing32
Proceeds from disposal of treasury shares – ordinary shares33 512 465 Not reported in this filing34
Share buy-back transactions35 (858) (797) Not reported in this filing36
Lease liabilities repayments (587) (732) Not reported in this filing37
Proceeds from borrowed funds 3,814 3,368 Not reported in this filing38
Repayment of borrowed funds (5,588) (4,340) Not reported in this filing39
Net cash outflow from financing activities (9,055) (7,411) Not reported in this filing8
Net cash (outflow)/inflow (10,425) 12,402 Not reported in this filing8
Effects of exchange rate changes on cash and cash equivalents (889) 92 Not reported in this filing40
Cash and cash equivalents at beginning of the year 72,083 59,589 Not reported in this filing41
Cash and cash equivalents at end of the year 60,769 72,083 Not reported in this filing42
  1. Printed “–”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (41)
  1. “Profit before tax” is an issuer-specific line, not mapped to a shared definition: Starting point of the indirect cash flow statement.
  2. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Profit before tax' line. Text layer (whole-document search of all 114 pages).
  3. “Non-cash movements and adjustments to profit before tax” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  4. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Non-cash movements and adjustments to profit before tax' line. Text layer (whole-document search of all 114 pages).
  5. “Net changes in working capital” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  6. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Net changes in working capital' line. Text layer (whole-document search of all 114 pages).
  7. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Taxation paid' line. Text layer (whole-document search of all 114 pages).
  8. Not reported in this filing: Not printed in the summary publication.
  9. “Acquisition of investment properties” is an issuer-specific line, not mapped to a shared definition: Investing.
  10. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Acquisition of investment properties' line. Text layer (whole-document search of all 114 pages).
  11. “Dividends received from associated undertakings” is an issuer-specific line, not mapped to a shared definition: Investing.
  12. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Dividends received from associated undertakings' line. Text layer (whole-document search of all 114 pages).
  13. “Proceeds from disposal of investment properties” is an issuer-specific line, not mapped to a shared definition: Investing.
  14. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Proceeds from disposal of investment properties' line. Text layer (whole-document search of all 114 pages).
  15. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Acquisition of property, plant and equipment' line. Text layer (whole-document search of all 114 pages).
  16. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Proceeds from disposal of property, plant and equipment' line. Text layer (whole-document search of all 114 pages).
  17. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Acquisition of intangible assets' line. Text layer (whole-document search of all 114 pages).
  18. “Proceeds from disposal of intangible assets” is an issuer-specific line, not mapped to a shared definition: Investing.
  19. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Proceeds from disposal of intangible assets' line. Text layer (whole-document search of all 114 pages).
  20. “Acquisition of interests in subsidiaries, associated undertakings and joint ventures” is an issuer-specific line, not mapped to a shared definition: Investing.
  21. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Acquisition of interests in subsidiaries, associated undertakings and joint ventures' line. Text layer (whole-document search of all 114 pages).
  22. “Proceeds from the disposal of interests in subsidiaries3” is an issuer-specific line, not mapped to a shared definition: Investing (footnote 3).
  23. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Proceeds from the disposal of interests in subsidiaries3' line. Text layer (whole-document search of all 114 pages).
  24. “Proceeds from associated undertaking and joint ventures3” is an issuer-specific line, not mapped to a shared definition: Investing (footnote 3).
  25. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Proceeds from associated undertaking and joint ventures3' line. Text layer (whole-document search of all 114 pages).
  26. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Ordinary equity holders of the Company' line. Text layer (whole-document search of all 114 pages).
  27. “Non-controlling interests and preferred security interests” is an issuer-specific line, not mapped to a shared definition: Financing: dividends paid to NCI and preferred security interests.
  28. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Non-controlling interests and preferred security interests' line. Text layer (whole-document search of all 114 pages).
  29. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Interest paid (excluding banking interest paid)' line. Text layer (whole-document search of all 114 pages).
  30. “Acquisition of treasury shares – ordinary shares” is an issuer-specific line, not mapped to a shared definition: Financing.
  31. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Acquisition of treasury shares – ordinary shares' line. Text layer (whole-document search of all 114 pages).
  32. “Proceeds from disposal of treasury shares – ordinary shares” is an issuer-specific line, not mapped to a shared definition: Financing.
  33. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Proceeds from disposal of treasury shares – ordinary shares' line. Text layer (whole-document search of all 114 pages).
  34. “Share buy-back transactions” is an issuer-specific line, not mapped to a shared definition: Financing.
  35. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Share buy-back transactions' line. Text layer (whole-document search of all 114 pages).
  36. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Lease liabilities repayments' line. Text layer (whole-document search of all 114 pages).
  37. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Proceeds from borrowed funds' line. Text layer (whole-document search of all 114 pages).
  38. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Repayment of borrowed funds' line. Text layer (whole-document search of all 114 pages).
  39. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Effects of exchange rate changes on cash and cash equivalents' line. Text layer (whole-document search of all 114 pages).
  40. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Cash and cash equivalents at beginning of the year' line. Text layer (whole-document search of all 114 pages).
  41. Not reported in this filing: Not printed: The FY2024 source (Old Mutual Integrated Report 2024) prints only a 'Summarised consolidated income statement' and a 'Summarised consolidated statement of financial position' (p90); it contains no statement of cash flows, so there is no 'Cash and cash equivalents at end of the year' line. Text layer (whole-document search of all 114 pages).

Per share and shares

Per share and shares. Columns: FY2025 — published summary of audited statements (final status not established), as reported for the year; FY2024 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2025; FY2023 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2024.
Line (as printed) FY2025Published summary of audited statements (summary)reported for the yearFY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitationsFY2023Published summary of audited statements (summary)comparative in FY2024 filingsource limitations
Earnings / (loss) per share (per share)51 1.9702 1.7623 1.5844
Profit / (loss) attributable to shareholders (ZAR millions)6 8,408 7,669 7,065
  1. Printed as 197.0 cents; value converted to ZAR at 100 cents = 1 ZAR.
  2. Printed as 176.2 cents; value converted to ZAR at 100 cents = 1 ZAR.
  3. Printed as 158.4 cents; value converted to ZAR at 100 cents = 1 ZAR.
Notes and alternative reported figures (3)
  1. “Basic earnings per ordinary share (cents)”: mapping to a shared definition is uncertain. Basic EPS; diluted is printed separately and differs.
  2. Earnings / (loss) per share: printed as “Basic earnings per ordinary share (cents)”.
  3. Profit / (loss) attributable to shareholders: printed as “Equity holders of the parent”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Dec 2025 Dividends paid (cash flow statement) Ordinary equity holders of the Company (3,797) ZAR millions Summary statements, p95
31 Dec 2024 Dividends paid (cash flow statement) Ordinary equity holders of the Company (3,377) ZAR millions Summary statements, p95

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • OLD MUTUAL Group Annual Results for the year ended 31 December 2025

    Year ended 31 December 2025 · Published summary of audited statements (summary) · final status not established

    Audit: Deloitte & Touche and Ernst & Young Inc. (joint auditors) (named); no auditor's opinion on the full statements in this document · no signature page in this document

    Final status: Published by the company (results booklet on its website). No auditor's report on the summary is printed; the summary states that it was extracted from the audited consolidated annual financial statements (joint auditors Deloitte & Touche and Ernst & Young Inc., unmodified opinion) and that 'The summarised consolidated financial information itself is not audited' (PDF p100, page image). The directors approved the summarised statements on 16 March 2026 (p100); no signature is shown.

    Document date
    16 Mar 2026
    Auditor's report
    date not found in this document
    Board approval
    16 Mar 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · ZAR millions (printed “Rm”)
    • Cash and cash equivalents in the cash flow statement (60 769; 2024: 72 083) comprise cash within investments and securities (20 584; 2024: 33 471) and the separate 'Cash and cash equivalents' line (40 185; 2024: 38 612), as printed below the statement (p95), so the cash flow closing cash differs from the balance-sheet line by design: the three closing/opening cash checks fail by exactly the cash within investments and securities (20 584 in 2025; 33 471 in 2024).
    • The 2024 statement of financial position is headed 'Restated' (note H6, p140): an overstatement of R526 million in both 'Trade, other receivables and other assets' (48 285 to 47 759) and 'Trade, other payables and other liabilities', with total assets restated from 1 235 281 to 1 234 755; no effect on profit, equity or cash flows. The cash flow statement's 2024 column is also headed 'Restated' (a footnote restatement of interest paid, with no effect on the statement).
    • Earnings per share in cents: basic 197.0 (2024: 176.2), diluted 189.8 (2024: 170.4). Reported in South African rand (Rm); the VFEX listing is recorded from the directory.
    • No auditor's report on the summary is printed; the summary states that 'The summarised consolidated financial information for the year ended 31 December 2025 and the notes to the summarised consolidated annual financial statements, were extracted from the consolidated annual financial statements which have been audited by the independent joint auditors, Deloitte & Touche and Ernst & Young Inc, who expressed an unmodified opinion thereon. The summarised consolidated financial information itself is not audited.' (p100; also p2).
    • Summarised consolidated income statement (p92), statement of comprehensive income (p93), statement of financial position (p94), statement of cash flows (p95), statement of changes in equity (p96) and selected notes (p100 onward). The cash flow statement is condensed (operating activities in four lines). No total equity and liabilities line and no current/non-current split is printed (liquidity presentation).
    Technical details
    File
    146 pages, with a text layer
    SHA-256
    34a9c05f49a0c1bf997286a1577ab6da310f13a6e8ee6f2682f8ee2fcd109638
    Entity as printed
    Old Mutual Limited (Registration number: 2017/235138/06)
    Issuer copy
    retrieved 2026-10-08T18:53:55Z

  • OLD MUTUAL Integrated Report 2024 For the year ended 31 December 2024

    Year ended 31 December 2024 · Published summary of audited statements (summary) · final status not established

    Audit: Ernst & Young and Deloitte & Touche (joint auditors) (named); no auditor's opinion on the full statements in this document · no signature page in this document

    Final status: Published as the company's Integrated Report 2024, filed on the Malawi Stock Exchange (announcement 'Old Mutual 2024 Annual Results', 2 April 2025). No auditor's report on the summarised statements is printed; the report states 'Although this report was not audited, it contains certain information that was extracted from the audited consolidated annual financial statements for the year ended 31 December 2024, on which an unmodified audit opinion has been expressed by the Group's joint independent external auditors, Ernst & Young and Deloitte & Touche' (PDF p4). The Board approved the report for release on 18 March 2025 (p3); no signature is shown.

    Document date
    18 Mar 2025
    Auditor's report
    date not found in this document
    Board approval
    18 Mar 2025
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2023
    Basis
    consolidated statements · ZAR millions (printed “Rm”)
    • 'Cash and cash equivalents' is printed twice in the statement of financial position: within investments and securities (33 471; 2023: 21 335) and as a separate asset line (38 434; 2023: 38 121) (p90).
    • Both 2023 columns are headed 'Restated'. Footnote 1 marks the lines 'restated due to a prior period error': net investment return, change in investment contract liabilities, property, plant and equipment, investments and securities, trade, other receivables and other assets, investment contract liabilities, and trade, other payables and other liabilities (p90). Footnote 2 reorders assets held for sale and derivative financial liabilities by liquidity, with no change of values.
    • Earnings per share in cents: basic 176.2 (2023: 158.4), diluted 170.4 (2023: 154.1). Reported in South African rand (Rm); the VFEX listing is recorded from the directory, as in oldmutual_fy2025.
    • No auditor's report on the summary is printed. The report states: 'Although this report was not audited, it contains certain information that was extracted from the audited consolidated annual financial statements for the year ended 31 December 2024, on which an unmodified audit opinion has been expressed by the Group's joint independent external auditors, Ernst & Young and Deloitte & Touche. Our Group internal audit provided limited assurance for non-financial information disclosures.' (p4); 'Certain financial information included in this report was extracted from the audited consolidated annual financial statements' (p4); 'The financial information disclosed in the report has been assured by our external auditors.' (p4).
    • Summarised consolidated statement of financial position and summarised consolidated income statement only (p90). No statement of comprehensive income, changes in equity or cash flows is printed. No total equity and liabilities line and no current/non-current split (liquidity presentation). The summary sits in the 'Group financial performance' section of an integrated report, not in a results announcement.
    Technical details
    File
    114 pages, with a text layer
    SHA-256
    7be0a2a0d6e5addaf7188c9272d1fd9d7efdda0f1bbf3ffc0929892417c233c7
    Entity as printed
    Old Mutual Limited (Old Mutual or the Group) (PDF p3)
    Exchange copy
    retrieved 2026-10-08T20:44:30Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

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