{
  "docId": "019de518-5390-719c-8d22-407bf57c346c",
  "docSlug": "ed921ac47fb12544aa1f8e31299e3aa7",
  "documentTitle": "M&G | Results Presentation Deck | 65 slides",
  "authorId": "m-g",
  "authorName": "M&G",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 29,
  "pageCount": 65,
  "prevPage": 28,
  "nextPage": 30,
  "slideType": "kpi_overview",
  "function": "quantify_opportunity",
  "density": "overcrowded",
  "nDataPoints": 12,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de518-5390-719c-8d22-407bf57c346c/29",
  "deckHref": "/decks/019de518-5390-719c-8d22-407bf57c346c",
  "deckJsonHref": "/decks/019de518-5390-719c-8d22-407bf57c346c.json",
  "deckAnchorHref": "/decks/019de518-5390-719c-8d22-407bf57c346c#slide-29",
  "components": [
    {
      "bbox": {
        "h": 0.67,
        "w": 0.65,
        "x": 0.039,
        "y": 0.26
      },
      "kind": "chart",
      "text": "Underlying Capital Generation (£m) 2022 2023 Asset Management 246 246 Wealth 155 163 Life 486 574 Corporate Centre (259) (231) Underlying Capital Generation 628 752 +20%",
      "attrs": null,
      "subkind": "bar-horizontal",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ca1d2c84-947a-4163-8990-f2f8b5d744a8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.269,
        "x": 0.699,
        "y": 0.594
      },
      "kind": "list",
      "text": "Improvement driven by annuities, due to lower capital requirements for expected new business³ and higher rates increasing expected returns",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "27836feb-8a94-4fd8-8938-adbb53ff72a7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.269,
        "x": 0.699,
        "y": 0.404
      },
      "kind": "list",
      "text": "2023 broadly in line with AOP¹, benefitting from a £31m SCR reduction due to changes in seeding portfolio, lower market risk and operational risk",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6c2113e6-80bc-46c8-be7c-232727eabb11",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.042,
        "w": 0.269,
        "x": 0.699,
        "y": 0.689
      },
      "kind": "list",
      "text": "Better outcome year-on-year due to higher treasury interest and investment income",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cdb99343-8a60-4ef5-99d1-d16344815147",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.269,
        "x": 0.699,
        "y": 0.499
      },
      "kind": "list",
      "text": "PruFund contribution increased due to higher opening PVST2 and higher risk-free rates; this was partly offset by larger non-PruFund losses",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e8ee50f1-7300-49d2-95dd-db9b46675ba1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.025,
        "w": 0.68,
        "x": 0.028,
        "y": 0.96
      },
      "kind": "source-note",
      "text": "1. Adjusted Operating Profits; 2. Present Value of Future Shareholder Transfers 3. 2022 result includes a £(60)m impact for the set-up of capital requirements for the expected value of 1 year of future new business; in 2023 these capital requirements were lowered to £(46)m leading to a £14m positive impact",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "04cb8f7c-9f1b-4421-b56e-33d2fd0ba2d6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.023,
        "w": 0.49,
        "x": 0.028,
        "y": 0.099
      },
      "kind": "title",
      "text": "Continued strong result, 20% higher than 2022",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b64d7695-af57-41bd-b0b1-deb497fbcd05",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.66,
        "x": 0.028,
        "y": 0.06
      },
      "kind": "title",
      "text": "Underlying Capital Generation of £752m",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b0b19560-d5be-4e84-87b7-397bee9ccb41",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "ef9b99b8-afa6-4567-a1cf-1875df8d5f6d",
      "evidence": "chart/waterfall: Underlying Capital Generation (£m) 2022 2023 Asset Management 246 246 Wealth 155 163 Life 486 574 Corporate Centre (259) (231) Underlying Capital Generation 628 752 +20%",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 65,
      "from": 19,
      "beatId": "dbbc9895-6d17-43b7-8119-117b02f6d7c8",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Action",
      "beatSlug": "monroes-sequence-action",
      "evidence": "The document concludes with a clear call to action, outlining M&G's priorities and targets.",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 33,
      "from": 25,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "078da342-db18-49e5-8309-12cdd24c34f5",
      "evidence": "The document highlights the consequences of not taking action to improve quality of spend.",
      "position": 1,
      "objective": "The importance of improving quality of spend",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}