Discovery Ltd 2011 IR
The report outlines Discovery's financial and sustainability performance for the fiscal year ended June 30, 2011. During the year, the company achieved a 32% increase in operating profit to R2,838 million and grew gross inflows under management by 21% to over R50 billion. Key milestones included the acquisition of Standard Life Healthcare, increasing the joint venture shareholding in PruHealth and PruProtect to 75%, and launching Discovery Insure in the short-term insurance market. On the sustainability front, the Discovery Foundation increased its funding commitment to R69 million, supporting 143 specialists to strengthen South Africa's healthcare capacity.
Company: Discovery Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2011
Type: IR
Pages: 268
Discovery Ltd
The report outlines Discovery's financial and sustainability performance for the fiscal year ended June 30, 2011. During the year, the company achieved a 32% increase in operating profit to R2,838 million and grew gross inflows under management by 21% to over R50 billion. Key milestones included the acquisition of Standard Life Healthcare, increasing the joint venture shareholding in PruHealth and PruProtect to 75%, and launching Discovery Insure in the short-term insurance market. On the sustainability front, the Discovery Foundation increased its funding commitment to R69 million, supporting 143 specialists to strengthen South Africa's healthcare capacity.
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Document Details
Report Year
2011
Reporting Period
Jul 1, 2010 - Jun 30, 2011
Fiscal Year
2011
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees