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AI 銘柄分析 · 10年

Admiral Group plc

ADM · GBP · 分析基準日 2026-11-06

{ "period": "2026-11-06 to 2036-11-06", "horizon_calendar_years": 10, "ACT365_25_year_fraction": 10.001368925, "market_value_original_holder_cohort_oku": 118.727581042, "probability_weighted_pv_oku": 110.36575056135304, "probability_weighted_oldholder_cash_oku": 79.78763056700001, "probability_weighted_oldholder_terminal_oku": 144.55250880372813, "upside_ratio": -0.07042871089649294, "expected_holder_IRR_from_expected_cashflow_path": 0.07998698861789466, "discount_rate": 0.09, "sensitivity_probability_weighted_pv_by_k": { "0.075": { "weighted_PV_oku": 142.28393821996764, "premium_or_discount_to_start": 0.1984067810632355, "valuation_model": "fundamental_SBC_fair_purchase_price_self_consistent_recomputed_at_each_k" }, "0.09": { "weighted_PV_oku": 110.36575056135304, "premium_or_discount_to_start": -0.07042871089649294, "valuation_model": "fundamental_SBC_fair_purchase_price_self_consistent_recomputed_at_each_k" }, "0.105": { "weighted_PV_oku": 89.82883062297996, "premium_or_discount_to_start": -0.24340385077665372, "valuation_model": "fundamental_SBC_fair_purchase_price_self_consistent_recomputed_at_each_k" } }, "conclusion": "算定値は原価・損害率・再保険・資本必要量の明示仮定に基づくシナリオ推計。市場PER・PBRから終価を逆算していない。", "hard_data_completeness": "Nov6 EBT残高、厳密な消却効力日、2026下期実績と最新SCRの一次未確認につき仮定を明示", "SBC_and_EBT_terminal_cost_revaluation_v3": true, "previous_version_probability_weighted_PV_oku": 111.675645542, "previous_version_expected_CF_IRR": 0.081617312 }

10年期待年率8.00%
資本コスト9.00%
直近終値39.34 GBP2026-11-06

AIによるシナリオ分析です。基準日以降の出来事、株価や為替の変化は個別に確認が必要です。各数値は元の分析の単位と前提に従います。

分析の要約

{
"investment_view": "低廉な市場PER回帰ではなく継続保険利益・損害率・規制資本・従業員信託現金支出に対する価値を評価。英国自動車の価格サイクルと過年度引当戻入の反転が最大変数。 2037以降の従業員信託株の定常買付を内在価値ベースで資本から控除するため、旧版終価を修正した。",
"strengths": [
"UK motor 5.77m risks, UK personal-lines multi-brand distribution",
"40% Munich Re coinsurance +38% UK motor quota share limits retained underwriting exposure, but changes profit-sharing economics",
"ROE high and explicit cash distribution framework with solvency buffer",
"Europe policy count and Money loans provide diversification"
],
"weaknesses": [
"Loss ratio on current underwriting year 77.6%, above headline 55.9% after reserve releases; reserve releases may not repeat",
"2026 EU insurance £13.1m one-off in H1 PBT",
"Admiral Money H1 included £7.3m loan book sale earnings and ECL exposed to macro",
"Flock £76.4m purchase incl large goodwill affects prudential ratio",
"High volatility of reinsurance QS cost and profit commissions; complex reporting"
],
"accounting_red_flags": [
"2026 H1 premium written £2.8132bn != IFRS17 insurance revenue £2.4365bn; company turnover £3.1084bn is APM",
"insurance investment asset £5.2541bn is inside £9.3429bn assets and already netted against IFRS liabilities in group book",
"Gross shares vs dividends-eligible shares vs EBT unvested must be separated",
"Cash scheme trust purchases and equity credit are capital transactions, not dividends nor a reason to ignore IFRS SBC charges",
"H1 management solvency190% vs fixed add-on regulatory173% differ, not fungible cash",
"v3 correction: 2036 terminal parent NI after SBC alone is insufficient to reconcile continuing EBT market repurchases and IFRS2 equity credits; normalized distributable earnings after share-neutral replenishment are now used."
]
}

2026年11月4日公表の消却後発行株数と従業員信託330万株の仮定を使用。11月6日の厳密な信託残高と消却効力日は未確認。予測配当・買戻し・信託取得・交付日を過ぎたら、実績確認まで期待リターンの表示を停止する。保険のIFRS17損益と規制資本はモデル仮定であり会社予想ではない。

事業

products
内容を開く
1

UK Motor and van

2

UK Household

3

UK Travel & Pet

4

Admiral Money loans, including secured homeowner loans

5

EU motor Spain Italy France

6

Other/Flock commercial fleet insurance

2026_H1_actual
内容を開く
period

2026-01-01/2026-06-30

状態

company_reported_unaudited

出典

https://www.admiralgroup.co.uk/news-releases/news-release-details/half-year-financial-report

ifrs17_insurance_revenue_oku
24.365
insurance_service_expenses_oku
-19.407
net_reinsurance_result_oku
-1.525
insurance_service_result_oku
3.433
investment_return_oku
1.122
net_insurance_finance_oku
-0.587
net_insurance_and_investment_oku
3.968
loan_interest_income_oku
0.903
loan_interest_expense_oku
-0.39
other_revenue_profit_commission_oku
1.27
other_op_expenses_oku
-1.764
co_insurer_op_recovery_oku
0.655
ecl_writeoffs_oku
-0.234
net_finance_costs_oku
-0.116
PBT_continuing_oku
4.292
tax_expense_oku
-1.003
PAT_group_oku
3.289
PAT_parent_attributable_oku
3.29
PAT_NCI_oku
-0.001
ifrs_reported_revenue_and_loan_other_oku
26.538
sbc_cashflow_non_cash_addback_oku
0.442
weighted_avg_basic_shares
301861871
weighted_avg_diluted_shares
305604323
parent_equity_2026_06_30_oku
14.983
noncontrolling_equity_oku
0.002
total_equity_oku
14.985
ifrs_total_assets_oku
93.429
ifrs_total_liabilities_oku
78.444
financial_investments_oku
52.541
現金（億）
3.149
insurance_contract_liabilities_oku
54.81
reinsurance_contract_assets_oku
10.953
admiral_money_gross_loans_oku
18.778
admiral_money_ECL_reserve_oku
1.141
group_total_loans_net_carrying_oku
18.348
total_subordinated_and_other_financial_liabilities_oku
20.131
subordinated_notes_oku
2.589
securitised_loan_funding_oku
15.223
other_borrowings_oku
2.293
company_APM_turnover_oku
31.084
total_premiums_written_all_oku
28.132
total_company_normalised_insurance_premium_revenue_oku
23.091
gross_scheme_expenses_cfs_memo_oku
0.442
ebt_share_purchases_cash_oku
0.506
parent_dividends_paid_in_H1_oku
2.742
parent_equity_at_2025_12_31_oku
14.433
OCI_parent_H1_oku
0.003
sbc_equity_credit_oku
0.442
ebt_cash_equity_charge_oku
-0.506
deferred_tax_share_credit_oku
0.063
group_risks_m
12.03
group_reported_combined_ratio
0.785
company_reported_own_funds_POST_dividend_oku
18.4
SCR_dynamic_addon_oku
9.7
own_funds_surplus_oku
8.7
solvency_dynamic
1.9
solvency_regulatory_estimate
1.73
source_of_regulatory_vs_dynamic_difference

PRA approved £24m fixed add-on, versus management dynamic unapproved add-on; own funds for dynamic also recognize earnings through interim dividend announcement.

2025_reported_FY
内容を開く
IFRS_continuing_insurance_revenue_oku
49.793
PBT_continuing_oku
9.579
group_PAT_continuing_oku
7.453
reported_parent_pat_combined_continued_discontinued_oku
7.426
親会社持分（億）
14.433
group_solvency_dynamic
1.93
状態

company_reported_FY2025

revenue_classification
内容を開く
IFRS17_insurance_revenue_2026H1_oku
24.365
IFRS17_insurance_premium_revenue_only_oku
23.091
total_premiums_written_APM_oku
28.132
turnover_company_APM_oku
31.084
difference

Total premiums written counts external co-insurer exposure; IFRS17 premiums are earned and recognised based on coverage; turnover adds non-insurance interest and revenues; none interchangeable.

pricing_volume_model

UK motor policies x average annual premium written is separately forecast, with insurer book-in-force denominator as proxy not exact average policy-years; statutory IFRS17 insurance revenue grown on own revenue baseline rather than assumed equal to premium written.

motor_2026_H1
内容を開く
vehicle_policies_m
5.77
total_premiums_written_oku
19.917
insurance_premium_revenue_oku
15.593
other_insurance_revenue_oku
0.895
IFRS17_insurance_revenue_oku
16.488
reported_loss_ratio
0.559
reported_expense_ratio
0.183
reported_combined_ratio
0.742
core_current_loss_ratio_before_prior_year_releases
0.776
core_claims_releases_ratio
-0.173
core_loss_ratio_after_releases
0.603
core_expense_ratio
0.185
core_combined_ratio
0.788
current_claims_cost_inflation_estimate_range
1
0.05
2
0.07
motor_co_insurer_profit_commission_oku
0.448
motor_quota_share_reinsurance_cost_oku
-0.799
reinsurance
内容を開く
UK_motor_MunichRe_coinsurer_share
0.4
UK_motor_other_quota_share_share
0.38
UK_motor_direct_residual_underwriting_share_approx
0.22
UK_motor_coinsurer_arrangement_confirmed_until

at_least_2026_end

other_UK_motor_quota_share_confirmed_until

at_least_2027

UK_household_retained_share
0.3
Europe_motor_group_retained_result_share_approx
0.45
contract_commutation_typical_months
1
24
2
36
caution

22% direct UK motor proportion is an approximate share of initial risk, not exact consolidated capital exposure; reinsurer margins/commutation/recoveries can be adverse and later change retained risks.

lending
内容を開く
admiral_money_gross_on_balance_loans_oku
18.778
admiral_money_provision_oku
1.141
admiral_money_net_loans_oku
17.637
group_total_net_loans_oku
18.348
H1_segment_pre_tax_profit_oku
0.133
H1_nonrecurring_back_book_profit_oku
0.073
ECL_IFRS_group_H1_expense_oku
0.234
interest_income_group_H1_oku
0.903
interest_expense_group_H1_oku
0.39
secured_loan_component_oku
6.797
risks

Loan forward flow, securitisation-backed funding and credit defaults are distinct from insurance claims reserving.

競争力・事業の質

scale_and_franchise

High recurring insurance renewals, UK comparison channel competition; underwriting disciplined but competitive price cycle.

sustainability

Moderate because past year claims reserve releases and quota-share profit commission may not recur; excess capital and trust funding constrain payout.

capital_intensity

Insurance solvency and loan receivables require capital despite high accounting ROE; UK motor significant cessions lower relative retention but create counterparty/profit commission risk.

accounting_quality

IFRS17 receivables and premium earning, CoC profit commissions and trust consolidation distinguish; we use statutory after-SBC profit.

credit_quality

UK unsecured + homeowner secured loan exposure, rising macro ECL possible; securitised financing not equivalent to net insurance liabilities.

management_and_governance

Distributes ~65% post-tax profits as normal dividends subject to capital and excess through special dividend or cancellation buyback; 2026 H1 uses £45m completed buyback.

quantified_2026_H1
内容を開く
UK_Motor_current_year_before_releases_ratio
0.776
UK_motor_core_combined_ratio
0.788
Europe_reported_PBT_oku
0.172
Europe_H1_oneoff_oku
0.131
Europe_ex_oneoff_PBT_oku
0.041
Admiral_Money_H1_PBT_oku
0.133
Money_backbook_sale_oku
0.073
tax_effective_rate
0.234

業界と環境

sector

UK non-life / European motor and consumer finance

market_drivers
内容を開く
1

UK motor repair costs and parts/wages inflation

2

Competition in car premiums and aggregate policies sold

3

Price comparison websites and potential AI-search disintermediation

4

FCA Consumer Duty and claims regulation

5

PRA Solvency UK model approval and add-on

6

Euro FX for France, Italy, Spain

7

Rate yields on bonds and loan funding, credit spreads

8

Counterparty exposure to quota-share reinsurers

9

Climate/weather travel and household claims

scenarios_reference

UK Motor reported 55.9% claims ratio is after reserve releases; a 5% UK motor claims ratio increase stresses group solvency by ~20 percentage points per company sensitivity. The scenario underwriting shock is applied on motor IFRS revenue as a proxy, not company forecast.

財務・資本配分

historical_parent_equity_bridge_H1_2026_oku
内容を開く
opening_2025_12_31
14.433
profit_parent
3.29
OCI_parent
0.003
dividends_paid
-2.742
SBC_credit_non_cash
0.442
EBT_cash_purchase
-0.506
deferred_tax_on_schemes
0.063
closing_2026_06_30
14.983
出典

https://www.admiralgroup.co.uk/news-releases/news-release-details/half-year-financial-report

halfyear_reported_solvency_2026_06_30
内容を開く
own_funds_post_foreseeable_distributions_oku
18.4
SCR_dynamic_oku
9.7
solvency_surplus_oku
8.7
solvency_ratio
1.9
regulatory_estimated_ratio
1.73
capital_addon_fixed_PRA_approved_oku
0.24
tier2_in_own_funds_approx_oku
2.5
tier2_IFRS_liability_oku
2.589
basis_difference

Different capital add-on and earnings recognized to dividend announcement date.

debt_financing_at_2026_06_30
内容を開く
subordinated_notes_oku
2.589
securitization_borrowings_oku
15.223
other_borrowings_oku
2.293
total_subordinated_other_financial_liabilities_oku
20.131
asset_liability_matching_note

Debt relates partly to customer loan-backed securities; not nettable against insurer investments by treating all investment assets as surplus cash.

acquisition_Flock_2026_05_29
内容を開く
cash_paid_oku
0.764
book_goodwill_recognised_oku
0.596
capital_ratio_effect_estimated_pp
-8
状態

in 2026 H1 IFRS data already, do not subtract again

2026_capital_to_cutoff_bridge_oku
内容を開く
parent_equity_2026_06_30_reported
14.983
profit_assumed_2026_07_01_to_11_06
2.313586957
sbc_equity_credit_assumed_2026_07_01_to_11_06
0.31548913
October_2026_paid_interim_dividend_estimate
-2.138
corporate_buyback_completed_before_cutoff
-0.45
opening_parent_equity_2026_11_06_model
15.024076087
unverified_OCI_other_share_movements
未確認
注記

The last published IFRS equity date is 30 Jun; assumed linear H2 and zero further OCI/EBT purchase; £45m cancelled share buyback and £0.705 H1 dividend are already reflected in start equity, never in post-valuation holder cash.

2026_H2_profit_assumption_oku
3.3
2026_H2_share_credit_assumption_oku
0.45
model_eligible_ownfunds_at_cutoff_oku
18.4
model_SCR_at_cutoff_oku
9.7
assumed_fixed_ownfund_to_parent_equity_bridge_oku
3.375923913
prudential_forecast_limitation

Unapproved own-funds/date and the Solvency II adjustments cannot be recovered from IFRS balance; fixed bridge is a simplifying scenario calibration, not a reported official reconciliation. No 11/6 ownfunds or SCR announcement identified.

2026_actual_dividend
内容を開く
amount_per_share_gbp
0.705
ex_date

2026-09-03

record_date

2026-09-04

pay_date

2026-10-02

payment_before_base_date
はい
included_in_future_cashflows
いいえ
ex_date_status

issuer_confirmed_historical

ex_date_assumed
未確認
actual_ex_date_source_url

https://www.admiralgroup.co.uk/news-releases/news-release-details/half-year-financial-report

shareholder_cash_flow_for_2026_11_06_cohort

excluded_paid_before_cutoff

2026_45m_buyback
内容を開く
announcement_date

2026-08-06

execution_ended

2026-11-03

cash_paid_oku
0.45
shares_repurchase_cancellation_intent
1206046
included_in_2026_11_06_shares
はい
included_in_future_oldholder_cashflow
いいえ

評価の前提と確認

market_multiples_not_used_to_set_terminal
はい
market_price_gbp_input_only_initial_market_mcap_and_assumed_future_transaction_prices
39.34
terminal_model

v3: parent book + RI for after-SBC NI plus equity-scheme credit minus market-funded employee scheme award replacement, with endogenously solved 2037 share purchase cost and stable eligible outside shares

no_double_count_of_investments
はい
SBC_after_tax_profit_stays_expensed
はい
EBT_purchases_in_share_ledger_and_cash_once
はい
company_dividend_and_buyback_oldcohort_only_in_cashflows
はい
surplus_special_dividends_assumed_not_announced
はい
stock_awards_and_issues_only_ownership_and_balance_sheet
はい
pre_cutoff_dividend_and_buyback_not_future_payout
はい
valuation_discounting_method

ACT actual days/365.25 including 3653d anniversary and every dated positive shareholder receipt

reported_vs_scenario

2025FY/2026H1 company reported; 2026Nov bridge, 2027-36 annual and 2037 terminal forecasts all independent modeled guesses

2036_onward_employee_trust_cost_reflected_in_terminal
はい
terminal_formula

V=(NI_normalized_after_SBC +SBC_equity_credit -g*BV)/(k-g+(award_shares/eligible_shares)*(1+g))

return_cash_to_original_cohort_after_horizon_already_reflected_in_intrinsic_terminal
はい
no_future_EBT_buybacks_simultaneously_treated_as_dilution_and_expense_twice
はい
repeated_2036_cash_EBT_outflow_at_terminal
いいえ
sustainable_distribution_after_share_replenishment

D=NI_norm_after_SBC+SBC_equity_credit-market_trust_cash_cost-g*BV; no double counting of prior year trust repurchases

trust_shares_deducted_from_equity_and_outstanding_dividend_shares
はい
future_cash_and_CoE_are_scenario_assumptions_not_issuer_forecast
はい

資本コストの前提

資本コスト
9.00%
kind

nominal_GBP_equity_required_return

basis

UK non-life insurer: risk-free-plus-equity-risk and cyclicality, prudential and underwriting/reinsurance risk, not a market multiple

nominal_currency

GBP

not_company_WACC

Assumption, no real-time yield curve estimated

growth_guardrail

terminal_g < k for all cases

sensitivity_probability_weighted_pv_by_k
0.075
weighted_PV_oku
142.28393821997
premium_or_discount_to_start
0.19840678106324
valuation_model

fundamental_SBC_fair_purchase_price_self_consistent_recomputed_at_each_k

0.09
weighted_PV_oku
110.36575056135
premium_or_discount_to_start
-0.070428710896493
valuation_model

fundamental_SBC_fair_purchase_price_self_consistent_recomputed_at_each_k

0.105
weighted_PV_oku
89.82883062298
premium_or_discount_to_start
-0.24340385077665
valuation_model

fundamental_SBC_fair_purchase_price_self_consistent_recomputed_at_each_k

事業別データ

事業別の内訳と、収録されている年度別データを確認できます。

事業別データを開く →

10年のシナリオ

シナリオごとの確率、期間内の株主還元・追加負担、終価です。金額は億GBP。株主の範囲や受取時点は各分析の前提を確認してください。

シナリオ確率株主還元・追加負担終価
極強気10.0%136.18347.96
強気20.0%111.72233.31
基本40.0%85.16132.74
弱気20.0%45.1949.99
危機10.0%7.270.00

極強気（確率 10.0%）

m_vol
0.025
m_price
0.035
uk_other_vol
0.06
uk_other_price
0.045
eu_vol
0.075
eu_price
0.055
other_growth
0.095
loan_growth
0.12
claim_pp
内容を開く
1
-0.018
2
-0.022
3
-0.025
4
-0.025
5
-0.024
6
-0.022
7
-0.02
8
-0.02
9
-0.018
10
-0.018
11
-0.018
efficiency
0.011
reins_cost_mult
0.9
commission_haircut
-0.04
loan_income_mult
1.05
loan_fund_cost_mult
0.95
ecl_mult
0.8
invest_yield_mult
1.04
div_policy
0.65
buyback_fraction
0.18
ebt_cash
0.98
award_shares
2050000
price_trend
0.075
solv_risk_factor
1.06
terminal_g
0.035
terminal_norm
0.88
probability_basis

競争優位拡大と低損害率継続の上振れ

確率の根拠

保険損害率、再保険、信用損失と規制資本に関する分析上の確率仮定。

このシナリオの数値・キャッシュフローを開く →

強気（確率 20.0%）

m_vol
0.019
m_price
0.026
uk_other_vol
0.045
uk_other_price
0.035
eu_vol
0.06
eu_price
0.04
other_growth
0.075
loan_growth
0.095
claim_pp
内容を開く
1
-0.006
2
-0.01
3
-0.012
4
-0.014
5
-0.014
6
-0.012
7
-0.012
8
-0.01
9
-0.01
10
-0.01
11
-0.01
efficiency
0.008
reins_cost_mult
0.93
commission_haircut
0
loan_income_mult
1.03
loan_fund_cost_mult
0.96
ecl_mult
0.9
invest_yield_mult
1.02
div_policy
0.65
buyback_fraction
0.16
ebt_cash
0.88
award_shares
1900000
price_trend
0.055
solv_risk_factor
1.03
terminal_g
0.03
terminal_norm
0.87
probability_basis

良好な価格規律と海外・貸付の収益拡大

確率の根拠

保険損害率、再保険、信用損失と規制資本に関する分析上の確率仮定。

このシナリオの数値・キャッシュフローを開く →

基本（確率 40.0%）

m_vol
0.006
m_price
0.019
uk_other_vol
0.035
uk_other_price
0.025
eu_vol
0.04
eu_price
0.03
other_growth
0.05
loan_growth
0.065
claim_pp
内容を開く
1
0.012
2
0.006
3
0.003
4
0
5
-0.003
6
-0.003
7
0
8
0
9
0
10
0
11
0
efficiency
0.004
reins_cost_mult
1
commission_haircut
0.05
loan_income_mult
1
loan_fund_cost_mult
1
ecl_mult
1.12
invest_yield_mult
1
div_policy
0.65
buyback_fraction
0.1
ebt_cash
0.78
award_shares
1800000
price_trend
0.03
solv_risk_factor
1
terminal_g
0.023
terminal_norm
0.83
probability_basis

加入件数・保険料の緩やかな伸びと損害率の正常化

確率の根拠

保険損害率、再保険、信用損失と規制資本に関する分析上の確率仮定。

このシナリオの数値・キャッシュフローを開く →

弱気（確率 20.0%）

m_vol
0
m_price
0.005
uk_other_vol
0.025
uk_other_price
0.01
eu_vol
0.035
eu_price
0.015
other_growth
0.03
loan_growth
0.035
claim_pp
内容を開く
1
0.045
2
0.06
3
0.055
4
0.05
5
0.045
6
0.04
7
0.035
8
0.03
9
0.025
10
0.025
11
0.025
efficiency
-0.003
reins_cost_mult
1.13
commission_haircut
0.18
loan_income_mult
1
loan_fund_cost_mult
1.1
ecl_mult
1.75
invest_yield_mult
0.95
div_policy
0.5
buyback_fraction
0.035
ebt_cash
0.68
award_shares
1800000
price_trend
0.003
solv_risk_factor
1.08
terminal_g
0.012
terminal_norm
0.78
probability_basis

競争激化、引当戻入減と信用損失の長期化

確率の根拠

保険損害率、再保険、信用損失と規制資本に関する分析上の確率仮定。

事業別の前提

1
内容を開く
id

consolidated

数量
1
価格・単価
63.808291615
営業利益
6.322083575
注記

2036暦年連結のIFRS17と貸付・その他収益の分析的合計、営業利益は保険会社開示に準拠した予測。内訳は年次台帳。

日付別キャッシュフロー

1
内容を開く
想定日

2027-05-06

year
0.49555099247091
金額
0
event_type

forecast_revalidation

event_id

bear-2027-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

2
内容を開く
想定日

2027-05-07

year
0.49828884325804
金額
0
event_type

forecast_revalidation

event_id

bear-2027-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

3
year
0.525667351
想定日

2027-05-17

金額
2.145
4
内容を開く
想定日

2027-05-17

year
0.52566735112936
金額
0
event_type

forecast_revalidation

event_id

bear-2027-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

5
内容を開く
想定日

2027-06-15

year
0.60506502395619
金額
0
event_type

forecast_revalidation

event_id

bear-2027-02

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

6
year
0.605065024
想定日

2027-06-15

金額
0.68
7
内容を開く
想定日

2027-08-16

year
0.77481177275838
金額
0
event_type

forecast_revalidation

event_id

bear-2027-03

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

8
内容を開く
想定日

2027-09-02

year
0.82135523613963
金額
0
event_type

forecast_revalidation

event_id

bear-2027-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

9
内容を開く
想定日

2027-09-03

year
0.82409308692676
金額
0
event_type

forecast_revalidation

event_id

bear-2027-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

10
year
0.908966461
想定日

2027-10-04

金額
1.052593355
11
内容を開く
想定日

2027-10-04

year
0.90896646132786
金額
0
event_type

forecast_revalidation

event_id

bear-2027-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

12
内容を開く
想定日

2027-10-15

year
0.93908281998631
金額
0
event_type

forecast_revalidation

event_id

bear-2027-05

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

13
year
0.93908282
想定日

2027-10-15

金額
0.075289151
14
内容を開く
想定日

2028-05-04

year
1.492128678987
金額
0
event_type

forecast_revalidation

event_id

bear-2028-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

15
内容を開く
想定日

2028-05-05

year
1.4948665297741
金額
0
event_type

forecast_revalidation

event_id

bear-2028-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

16
内容を開く
想定日

2028-05-15

year
1.5222450376454
金額
0
event_type

forecast_revalidation

event_id

bear-2028-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

17
year
1.522245038
想定日

2028-05-15

金額
1.052593355
18
year
1.607118412
想定日

2028-06-15

金額
0.694871815
19
内容を開く
想定日

2028-06-15

year
1.6071184120465
金額
0
event_type

forecast_revalidation

event_id

bear-2028-02

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

20
内容を開く
想定日

2028-08-15

year
1.7741273100616
金額
0
event_type

forecast_revalidation

event_id

bear-2028-03

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

21
内容を開く
想定日

2028-09-07

year
1.8370978781656
金額
0
event_type

forecast_revalidation

event_id

bear-2028-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

22
内容を開く
想定日

2028-09-08

year
1.8398357289528
金額
0
event_type

forecast_revalidation

event_id

bear-2028-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

23
内容を開く
想定日

2028-10-02

year
1.9055441478439
金額
0
event_type

forecast_revalidation

event_id

bear-2028-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

24
year
1.905544148
想定日

2028-10-02

金額
0.948106572
25
内容を開く
想定日

2028-10-16

year
1.9438740588638
金額
0
event_type

forecast_revalidation

event_id

bear-2028-05

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

26
year
1.943874059
想定日

2028-10-16

金額
0.13273492
27
内容を開く
想定日

2029-05-03

year
2.4887063655031
金額
0
event_type

forecast_revalidation

event_id

bear-2029-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

28
内容を開く
想定日

2029-05-04

year
2.4914442162902
金額
0
event_type

forecast_revalidation

event_id

bear-2029-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

29
内容を開く
想定日

2029-05-15

year
2.5215605749487
金額
0
event_type

forecast_revalidation

event_id

bear-2029-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

30
year
2.521560575
想定日

2029-05-15

金額
0.948106572
31
year
2.606433949
想定日

2029-06-15

金額
0.710015817
32
内容を開く
想定日

2029-06-15

year
2.6064339493498
金額
0
event_type

forecast_revalidation

event_id

bear-2029-02

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

33
内容を開く
想定日

2029-08-15

year
2.7734428473648
金額
0
event_type

forecast_revalidation

event_id

bear-2029-03

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

34
内容を開く
想定日

2029-09-06

year
2.8336755646817
金額
0
event_type

forecast_revalidation

event_id

bear-2029-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

35
内容を開く
想定日

2029-09-07

year
2.8364134154689
金額
0
event_type

forecast_revalidation

event_id

bear-2029-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

36
year
2.904859685
想定日

2029-10-02

金額
0.968627132
37
内容を開く
想定日

2029-10-02

year
2.9048596851472
金額
0
event_type

forecast_revalidation

event_id

bear-2029-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

38
year
2.940451745
想定日

2029-10-15

金額
0.135607799
39
内容を開く
想定日

2029-10-15

year
2.9404517453799
金額
0
event_type

forecast_revalidation

event_id

bear-2029-05

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

40
内容を開く
想定日

2029-10-25

year
2.9678302532512
金額
0
event_type

forecast_revalidation

event_id

bear-2029-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

41
内容を開く
想定日

2029-10-26

year
2.9705681040383
金額
0
event_type

forecast_revalidation

event_id

bear-2029-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

42
内容を開く
想定日

2029-11-05

year
2.9979466119097
金額
0
event_type

forecast_revalidation

event_id

bear-2029-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

43
year
2.997946612
想定日

2029-11-05

金額
1.170685161
44
内容を開く
想定日

2030-05-02

year
3.4852840520192
金額
0
event_type

forecast_revalidation

event_id

bear-2030-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

45
内容を開く
想定日

2030-05-03

year
3.4880219028063
金額
0
event_type

forecast_revalidation

event_id

bear-2030-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

46
year
3.520876112
想定日

2030-05-15

金額
0.968627132
47
内容を開く
想定日

2030-05-15

year
3.5208761122519
金額
0
event_type

forecast_revalidation

event_id

bear-2030-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

48
year
3.611225188
想定日

2030-06-17

金額
0.725432458
49
内容を開く
想定日

2030-06-17

year
3.6112251882272
金額
0
event_type

forecast_revalidation

event_id

bear-2030-02

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

50
内容を開く
想定日

2030-08-15

year
3.772758384668
金額
0
event_type

forecast_revalidation

event_id

bear-2030-03

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

51
内容を開く
想定日

2030-09-05

year
3.8302532511978
金額
0
event_type

forecast_revalidation

event_id

bear-2030-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

52
内容を開く
想定日

2030-09-06

year
3.8329911019849
金額
0
event_type

forecast_revalidation

event_id

bear-2030-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

53
year
3.904175222
想定日

2030-10-02

金額
0.988953377
54
内容を開く
想定日

2030-10-02

year
3.9041752224504
金額
0
event_type

forecast_revalidation

event_id

bear-2030-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

55
内容を開く
想定日

2030-10-15

year
3.9397672826831
金額
0
event_type

forecast_revalidation

event_id

bear-2030-05

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

56
year
3.939767283
想定日

2030-10-15

金額
0.138453473
57
内容を開く
想定日

2030-10-24

year
3.9644079397673
金額
0
event_type

forecast_revalidation

event_id

bear-2030-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

58
内容を開く
想定日

2030-10-25

year
3.9671457905544
金額
0
event_type

forecast_revalidation

event_id

bear-2030-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

59
year
3.997262149
想定日

2030-11-05

金額
1.658584159
60
内容を開く
想定日

2030-11-05

year
3.9972621492129
金額
0
event_type

forecast_revalidation

event_id

bear-2030-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

61
内容を開く
想定日

2031-05-01

year
4.4818617385353
金額
0
event_type

forecast_revalidation

event_id

bear-2031-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

62
内容を開く
想定日

2031-05-02

year
4.4845995893224
金額
0
event_type

forecast_revalidation

event_id

bear-2031-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

63
内容を開く
想定日

2031-05-15

year
4.5201916495551
金額
0
event_type

forecast_revalidation

event_id

bear-2031-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

64
year
4.52019165
想定日

2031-05-15

金額
0.988953377
65
内容を開く
想定日

2031-06-16

year
4.6078028747433
金額
0
event_type

forecast_revalidation

event_id

bear-2031-02

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

66
year
4.607802875
想定日

2031-06-16

金額
0.741123936
67
内容を開く
想定日

2031-08-15

year
4.7720739219713
金額
0
event_type

forecast_revalidation

event_id

bear-2031-03

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

68
内容を開く
想定日

2031-09-04

year
4.8268309377139
金額
0
event_type

forecast_revalidation

event_id

bear-2031-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

69
内容を開く
想定日

2031-09-05

year
4.829568788501
金額
0
event_type

forecast_revalidation

event_id

bear-2031-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

70
内容を開く
想定日

2031-10-02

year
4.9034907597536
金額
0
event_type

forecast_revalidation

event_id

bear-2031-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

71
year
4.90349076
想定日

2031-10-02

金額
1.009067083
72
内容を開く
想定日

2031-10-15

year
4.9390828199863
金額
0
event_type

forecast_revalidation

event_id

bear-2031-05

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

73
year
4.93908282
想定日

2031-10-15

金額
0.141269392
74
内容を開く
想定日

2031-10-23

year
4.9609856262834
金額
0
event_type

forecast_revalidation

event_id

bear-2031-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

75
内容を開く
想定日

2031-10-24

year
4.9637234770705
金額
0
event_type

forecast_revalidation

event_id

bear-2031-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

76
内容を開く
想定日

2031-11-05

year
4.9965776865161
金額
0
event_type

forecast_revalidation

event_id

bear-2031-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

77
year
4.996577687
想定日

2031-11-05

金額
1.84008418
78
内容を開く
想定日

2032-05-06

year
5.4976043805613
金額
0
event_type

forecast_revalidation

event_id

bear-2032-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

79
内容を開く
想定日

2032-05-07

year
5.5003422313484
金額
0
event_type

forecast_revalidation

event_id

bear-2032-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

80
year
5.527720739
想定日

2032-05-17

金額
1.009067083
81
内容を開く
想定日

2032-05-17

year
5.5277207392197
金額
0
event_type

forecast_revalidation

event_id

bear-2032-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

82
year
5.607118412
想定日

2032-06-15

金額
0.757092304
83
内容を開く
想定日

2032-06-15

year
5.6071184120465
金額
0
event_type

forecast_revalidation

event_id

bear-2032-02

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

84
内容を開く
想定日

2032-08-16

year
5.7768651608487
金額
0
event_type

forecast_revalidation

event_id

bear-2032-03

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

85
内容を開く
想定日

2032-09-02

year
5.82340862423
金額
0
event_type

forecast_revalidation

event_id

bear-2032-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

86
内容を開く
想定日

2032-09-03

year
5.8261464750171
金額
0
event_type

forecast_revalidation

event_id

bear-2032-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

87
year
5.911019849
想定日

2032-10-04

金額
1.028948989
88
内容を開く
想定日

2032-10-04

year
5.9110198494182
金額
0
event_type

forecast_revalidation

event_id

bear-2032-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

89
year
5.941136208
想定日

2032-10-15

金額
0.144052859
90
内容を開く
想定日

2032-10-15

year
5.9411362080767
金額
0
event_type

forecast_revalidation

event_id

bear-2032-05

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

91
内容を開く
想定日

2032-10-21

year
5.9575633127995
金額
0
event_type

forecast_revalidation

event_id

bear-2032-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

92
内容を開く
想定日

2032-10-22

year
5.9603011635866
金額
0
event_type

forecast_revalidation

event_id

bear-2032-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

93
内容を開く
想定日

2032-11-05

year
5.9986310746064
金額
0
event_type

forecast_revalidation

event_id

bear-2032-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

94
year
5.998631075
想定日

2032-11-05

金額
1.925663265
95
内容を開く
想定日

2033-05-05

year
6.4941820670773
金額
0
event_type

forecast_revalidation

event_id

bear-2033-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

96
内容を開く
想定日

2033-05-06

year
6.4969199178645
金額
0
event_type

forecast_revalidation

event_id

bear-2033-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

97
内容を開く
想定日

2033-05-16

year
6.5242984257358
金額
0
event_type

forecast_revalidation

event_id

bear-2033-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

98
year
6.524298426
想定日

2033-05-16

金額
1.028948989
99
year
6.606433949
想定日

2033-06-15

金額
0.773339454
100
内容を開く
想定日

2033-06-15

year
6.6064339493498
金額
0
event_type

forecast_revalidation

event_id

bear-2033-02

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

101
内容を開く
想定日

2033-08-15

year
6.7734428473648
金額
0
event_type

forecast_revalidation

event_id

bear-2033-03

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

102
内容を開く
想定日

2033-09-08

year
6.839151266256
金額
0
event_type

forecast_revalidation

event_id

bear-2033-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

103
内容を開く
想定日

2033-09-09

year
6.8418891170431
金額
0
event_type

forecast_revalidation

event_id

bear-2033-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

104
内容を開く
想定日

2033-10-03

year
6.9075975359343
金額
0
event_type

forecast_revalidation

event_id

bear-2033-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

105
year
6.907597536
想定日

2033-10-03

金額
1.048578746
106
内容を開く
想定日

2033-10-17

year
6.9459274469541
金額
0
event_type

forecast_revalidation

event_id

bear-2033-05

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

107
year
6.945927447
想定日

2033-10-17

金額
0.146801024
108
内容を開く
想定日

2033-10-27

year
6.9733059548255
金額
0
event_type

forecast_revalidation

event_id

bear-2033-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

109
内容を開く
想定日

2033-10-28

year
6.9760438056126
金額
0
event_type

forecast_revalidation

event_id

bear-2033-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

110
year
7.003422313
想定日

2033-11-07

金額
1.994439512
111
内容を開く
想定日

2033-11-07

year
7.0034223134839
金額
0
event_type

forecast_revalidation

event_id

bear-2033-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

112
内容を開く
想定日

2034-05-04

year
7.4907597535934
金額
0
event_type

forecast_revalidation

event_id

bear-2034-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

113
内容を開く
想定日

2034-05-05

year
7.4934976043806
金額
0
event_type

forecast_revalidation

event_id

bear-2034-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

114
year
7.520876112
想定日

2034-05-15

金額
1.048578746
115
内容を開く
想定日

2034-05-15

year
7.5208761122519
金額
0
event_type

forecast_revalidation

event_id

bear-2034-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

116
内容を開く
想定日

2034-06-15

year
7.605749486653
金額
0
event_type

forecast_revalidation

event_id

bear-2034-02

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

117
year
7.605749487
想定日

2034-06-15

金額
0.78986711
118
内容を開く
想定日

2034-08-15

year
7.772758384668
金額
0
event_type

forecast_revalidation

event_id

bear-2034-03

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

119
内容を開く
想定日

2034-09-07

year
7.8357289527721
金額
0
event_type

forecast_revalidation

event_id

bear-2034-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

120
内容を開く
想定日

2034-09-08

year
7.8384668035592
金額
0
event_type

forecast_revalidation

event_id

bear-2034-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

121
year
7.904175222
想定日

2034-10-02

金額
1.067934863
122
内容を開く
想定日

2034-10-02

year
7.9041752224504
金額
0
event_type

forecast_revalidation

event_id

bear-2034-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

123
year
7.942505133
想定日

2034-10-16

金額
0.149510881
124
内容を開く
想定日

2034-10-16

year
7.9425051334702
金額
0
event_type

forecast_revalidation

event_id

bear-2034-05

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

125
内容を開く
想定日

2034-10-26

year
7.9698836413415
金額
0
event_type

forecast_revalidation

event_id

bear-2034-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

126
内容を開く
想定日

2034-10-27

year
7.9726214921287
金額
0
event_type

forecast_revalidation

event_id

bear-2034-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

127
内容を開く
想定日

2034-11-06

year
8
金額
0
event_type

forecast_revalidation

event_id

bear-2034-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

128
year
8
想定日

2034-11-06

金額
2.014526126
129
内容を開く
想定日

2035-05-03

year
8.4873374401095
金額
0
event_type

forecast_revalidation

event_id

bear-2035-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

130
内容を開く
想定日

2035-05-04

year
8.4900752908966
金額
0
event_type

forecast_revalidation

event_id

bear-2035-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

131
内容を開く
想定日

2035-05-15

year
8.5201916495551
金額
0
event_type

forecast_revalidation

event_id

bear-2035-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

132
year
8.52019165
想定日

2035-05-15

金額
1.067934863
133
内容を開く
想定日

2035-06-15

year
8.6050650239562
金額
0
event_type

forecast_revalidation

event_id

bear-2035-02

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

134
year
8.605065024
想定日

2035-06-15

金額
0.806676807
135
内容を開く
想定日

2035-08-15

year
8.7720739219713
金額
0
event_type

forecast_revalidation

event_id

bear-2035-03

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

136
内容を開く
想定日

2035-09-06

year
8.8323066392882
金額
0
event_type

forecast_revalidation

event_id

bear-2035-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

137
内容を開く
想定日

2035-09-07

year
8.8350444900753
金額
0
event_type

forecast_revalidation

event_id

bear-2035-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

138
内容を開く
想定日

2035-10-02

year
8.9034907597536
金額
0
event_type

forecast_revalidation

event_id

bear-2035-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

139
year
8.90349076
想定日

2035-10-02

金額
1.086994652
140
内容を開く
想定日

2035-10-15

year
8.9390828199863
金額
0
event_type

forecast_revalidation

event_id

bear-2035-05

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

141
year
8.93908282
想定日

2035-10-15

金額
0.152179251
142
内容を開く
想定日

2035-10-25

year
8.9664613278576
金額
0
event_type

forecast_revalidation

event_id

bear-2035-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

143
内容を開く
想定日

2035-10-26

year
8.9691991786448
金額
0
event_type

forecast_revalidation

event_id

bear-2035-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

144
内容を開く
想定日

2035-11-05

year
8.9965776865161
金額
0
event_type

forecast_revalidation

event_id

bear-2035-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

145
year
8.996577687
想定日

2035-11-05

金額
2.045429209
146
内容を開く
想定日

2036-05-01

year
9.4839151266256
金額
0
event_type

forecast_revalidation

event_id

bear-2036-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

147
内容を開く
想定日

2036-05-02

year
9.4866529774127
金額
0
event_type

forecast_revalidation

event_id

bear-2036-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

148
内容を開く
想定日

2036-05-15

year
9.5222450376454
金額
0
event_type

forecast_revalidation

event_id

bear-2036-01

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

149
year
9.522245038
想定日

2036-05-15

金額
1.086994652
150
内容を開く
想定日

2036-06-16

year
9.6098562628337
金額
0
event_type

forecast_revalidation

event_id

bear-2036-02

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

151
year
9.609856263
想定日

2036-06-16

金額
0.823769881
152
内容を開く
想定日

2036-08-15

year
9.7741273100616
金額
0
event_type

forecast_revalidation

event_id

bear-2036-03

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

153
内容を開く
想定日

2036-09-04

year
9.8288843258042
金額
0
event_type

forecast_revalidation

event_id

bear-2036-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

154
内容を開く
想定日

2036-09-05

year
9.8316221765914
金額
0
event_type

forecast_revalidation

event_id

bear-2036-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

155
内容を開く
想定日

2036-10-02

year
9.9055441478439
金額
0
event_type

forecast_revalidation

event_id

bear-2036-04

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

156
year
9.905544148
想定日

2036-10-02

金額
1.074830205
157
year
9.941136208
想定日

2036-10-15

金額
0.150476229
158
内容を開く
想定日

2036-10-15

year
9.9411362080767
金額
0
event_type

forecast_revalidation

event_id

bear-2036-05

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

159
内容を開く
想定日

2036-10-23

year
9.9630390143737
金額
0
event_type

forecast_revalidation

event_id

bear-2036-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

160
内容を開く
想定日

2036-10-24

year
9.9657768651608
金額
0
event_type

forecast_revalidation

event_id

bear-2036-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

161
内容を開く
想定日

2036-11-05

year
9.9986310746064
金額
0
event_type

forecast_revalidation

event_id

bear-2036-06

注記

未確定の予測日。会社発表・実施を確認し株数・権利・評価を再検証。

162
year
9.998631075
想定日

2036-11-05

金額
2.047614184

その他の数値・前提

business_driver_assumptions
内容を開く
m_vol
0
m_price
0.005
uk_other_vol
0.025
uk_other_price
0.01
eu_vol
0.035
eu_price
0.015
other_growth
0.03
loan_growth
0.035
claim_pp
内容を開く
1
0.045
2
0.06
3
0.055
4
0.05
5
0.045
6
0.04
7
0.035
8
0.03
9
0.025
10
0.025
11
0.025
efficiency
-0.003
reins_cost_mult
1.13
commission_haircut
0.18
loan_income_mult
1
loan_fund_cost_mult
1.1
ecl_mult
1.75
invest_yield_mult
0.95
div_policy
0.5
buyback_fraction
0.035
ebt_cash
0.68
award_shares
1800000
price_trend
0.003
solv_risk_factor
1.08
terminal_g
0.012
terminal_norm
0.78
probability_basis

競争激化、引当戻入減と信用損失の長期化

initial_partial_2026
内容を開く
period

2026-11-06_close_to_2026-12-31_close

開始日

2026-11-06

終了日

2026-12-31

elapsed_days
55
H2_total_days
184
profit_accrual_oku
0.986413043
sbc_pnl_included_in_profit_in_H2_oku
0.13451087
sbc_credit_equity_oku
0.13451087
dividends_oku
0
share_buyback_cancel_oku
0
ebt_cash_purchase_oku
0
equity_after_oku
16.145
shares_after
内容を開く
発行済株式数
305098630
自己株式数
0
ebt_unvested_shares_estimate
3300000
outside_trust_dividend_eligible_shares
301798630
old_cohort_remaining_shares
301798630
old_cohort_outside_share_fraction
1
親会社持分（億）
16.145
eligible_own_funds_proxy_oku
19.520923913
solvency_capital_requirement_proxy_oku
9.7
scr_surplus_oku
9.820923913
prudential_ratio_proxy
2.012466383
状態

analyst_assumption

annualization_note

Partial income/expenses are daily proration of an explicitly assumed Jul-Dec 2026 forecast, not published 2026 2H results.

2026_H2_full_IFRS17_components_forecast_oku
内容を開く
ifrs17_insurance_revenue_oku
24.05
net_reinsurance_oku
-1.525
investment_return_oku
1.12
net_insurance_finance_oku
-0.58
loan_interest_income_oku
0.94
loan_interest_expense_oku
-0.39
other_revenue_profit_commission_oku
1.27
other_operating_expenses_oku
-1.77
co_insurer_recovered_operating_expenses_oku
0.655
ECL_oku
-0.234
finance_costs_oku
-0.116
insurance_service_expenses_including_sbc_oku
-19.080526316
ifrs17_insurance_revenue_oku
7.188858696
income_and_interest_operating_revenue_oku
7.849456522
net_expenses_after_investment_and_reinsurance_oku
6.552331236
PBT_oku
1.297125286
tax_oku
-0.311310069
revenue_and_expense_components_oku
内容を開く
ifrs17_insurance_revenue_oku
7.188858696
net_reinsurance_oku
-0.455842391
investment_return_oku
0.334782609
net_insurance_finance_oku
-0.173369565
loan_interest_income_oku
0.280978261
loan_interest_expense_oku
-0.116576087
other_revenue_profit_commission_oku
0.379619565
other_operating_expenses_oku
-0.529076087
co_insurer_recovered_operating_expenses_oku
0.195788043
ECL_oku
-0.069945652
finance_costs_oku
-0.034673913
insurance_service_expenses_including_sbc_oku
-5.703418192
pre_cutoff_Jul01_Nov06
内容を開く
days
129
IFRS17_insurance_revenue_oku
16.861141304
income_and_interest_operating_revenue_oku
18.410543478
net_expenses_after_investment_and_reinsurance_oku
15.36819508
PBT_oku
3.042348398
parent_profit_oku
2.313586957
SBC_equity_credit_oku
0.31548913
interim_dividend_paid_oku
2.138
company_buyback_completed_oku
0.45
already_in_base_equity_not_future_CF
はい
net_finance_costs_oku
-0.081326087
operating_profit_analogue_oku
3.123674485
net_finance_costs_oku
-0.034673913
operating_profit_analogue_initial_partial_oku
1.331799199
annual
内容を開く
1
内容を開く
year
2027
状態

analyst_assumption_2027_to_2036_not_company_forecast

segments_ifrs17_revenue_oku
内容を開く
UK_motor
33.14088
UK_other_insurance
7.74367
European_insurance
7.2402183
Other_insurance
1.42346
ifrs17_insurance_revenue_oku
49.5482283
insurance_services_expenses_including_sbc_oku
-41.079236618
net_reinsurance_service_result_oku
-3.504370384
investment_return_oku
2.156856626
insurance_finance_result_oku
-1.188784527
financial_services_interest_income_oku
1.86921
financial_services_interest_expense_oku
-0.88803
other_revenue_and_profit_commission_oku
2.42136929
other_operating_expenses_including_sbc_oku
-3.603209073
other_operating_expenses_recoverable_from_co_insurers_oku
1.331996287
expected_credit_loss_and_writeoffs_oku
-0.847665
finance_cost_net_oku
-0.2378
normalized_nonrecurring_adjustment_oku
-0.408
operating_revenue_analytical_oku
53.83880759
net_expenses_after_investment_and_reinsurance_oku
48.26824269
pbt_parent_continuing_proxy_oku
5.5705649
income_tax_oku
-1.336935576
profit_after_tax_parent_sbc_deducted_oku
4.235629324
non_controlling_profit_estimate_oku
-0.002
sbc_pnl_included_in_costs_oku
0.91052
sbc_equity_credit_oku
0.91052
uk_motor_reported_loss_ratio_reference
0.604
uk_motor_core_combined_ratio_reference
0.833
uk_motor_vehicle_policies_m
5.77
uk_motor_annualized_written_premium_per_current_policy_gbp
693.815771231
uk_motor_total_premiums_written_oku
40.03317
admiral_money_gross_loan_balance_oku
19.43523
loan_ecl_cost_assumption_multiple
1.75
reinsurance_cost_assumption_multiple
1.13
detail_adjustments
内容を開く
uk_motor_claim_impact_oku
-1.4913396
reinsurance_net_oku
-3.504370384
credit_cost_oku
-0.847665
normalization_ex_2026_one_off_oku
-0.408
date_start

2027-01-01

date_end_projection

2027-12-31

period_days_in_year
365
cutoff_capital_date

2027-12-31

forecast_after_horizon_not_realised_in_capital_oku
0
as_of_event_start
内容を開く
発行済株式数
305098630
自己株式数
0
ebt_unvested_shares_estimate
3300000
outside_trust_dividend_eligible_shares
301798630
old_cohort_remaining_shares
301798630
old_cohort_outside_share_fraction
1
親会社持分（億）
16.145
eligible_own_funds_proxy_oku
19.520923913
solvency_capital_requirement_proxy_oku
9.7
scr_surplus_oku
9.820923913
prudential_ratio_proxy
2.012466383
as_of_year_end_or_horizon
内容を開く
発行済株式数
304906677
自己株式数
0
ebt_unvested_shares_estimate
3223350.538
outside_trust_dividend_eligible_shares
301683326.666
old_cohort_remaining_shares
299884471.228
old_cohort_outside_share_fraction
0.994037273
親会社持分（億）
17.33150122
eligible_own_funds_proxy_oku
20.707425133
solvency_capital_requirement_proxy_oku
10.56543694
scr_surplus_oku
10.141988193
prudential_ratio_proxy
1.959921322
subperiod_realization_factor
1
realized_parent_profit_oku
4.235629324
realized_sbc_equity_credit_oku
0.91052
sbc_pnl_allocated_to_insurance_expenses_oku
0.3824184
sbc_pnl_allocated_to_other_operating_expenses_oku
0.5281016
cash_capital_transfers
内容を開く
dividends_oku
3.203907331
ordinary_dividends_oku
3.203907331
special_dividend_oku
0
buyback_oku
0.075740773
ebt_acquisition_oku
0.68
new_outside_equity_raised_oku
0
old_holder_actual_cash_events_year_sum_oku
3.952882506
company_noncash_vested_shares
1800000
company_net_issued_share_change
-191952.79601871
company_treasury_share_change
0
employee_trust_share_change
-76649.461883794
old_holder_equity_share_remaining
0.994037273
equity_reconciliation
内容を開く
opening_oku
16.145
profit_oku
4.235629324
share_scheme_credit_non_cash_oku
0.91052
dividends_oku
-3.203907331
company_buyback_oku
-0.075740773
EBT_cash_acquisition_oku
-0.68
new_paid_in_capital_oku
0
closing_oku
17.33150122
share_reconciliation
内容を開く
issued_open
305098630
cancelled
-191952.79601871
third_party_new
0
issued_close
304906677
trust_open
3300000
trust_purchased
1723350.5381162
trust_vested
-1800000
trust_close
3223350.538
old_open
301798630
old_pro_rata_sold
1914158.772
old_close
299884471.228
solvency_valuation
内容を開く
eligible_ownfund_oku
20.707425133
scr_oku
10.56543694
surplus_over_scr_oku
10.141988193
headroom_to_160pct_scr_oku
3.802726029
ratio
1.959921322
event_details
内容を開く
1
内容を開く
想定日

2027-05-17

year
0.525667351
event_type

dividend_final_prior_fiscal_year

company_cash_oku
2.145
old_holder_cash_received_oku
2.145
old_holder_shares_after
301798630
eligible_shares_after
301798630
company_equity_after_oku
15.931568376
capital_surplus_after_oku
9.607492289
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2027-05-07

payable_amount_oku
2.145
dps_gbp
0.710738813
old_shares_entitled_at_ex
301798630
eligible_shares_at_ex
301798630
event_id

bear-2027-01

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2027-05-17

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2027-05-06

ex_date_assumed_previous_unadjusted

2027-05-03

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2027-05-04

record_date_confirmed
未確認
payment_date_assumed

2027-05-17

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2027-05-06

2

2027-05-07

3

2027-05-17

first_revalidation_date_assumed

2027-05-06

display_review_required_when_event_executed_or_announced
はい
2
内容を開く
想定日

2027-06-15

year
0.605065024
event_type

employee_trust_open_market_purchase

company_cash_oku
0.68
old_holder_cash_received_oku
0.68
old_holder_shares_after
300075279.46188
eligible_shares_after
300075279.46188
company_equity_after_oku
15.660440514
capital_surplus_after_oku
9.336364427
basis

analyst_assumption

price_per_share_gbp_assumed
39.45802
shares_acquired_by_trust
1723350.5381162
old_cohort_pro_rata_shares_sold
1723350.5381162
non_cash_sbc_excluded
はい
event_id

bear-2027-02

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2027-06-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

trust_purchase_execution_date_assumed

2027-06-15

settlement_date_confirmed
未確認
revalidation_due_dates_assumed
1

2027-06-15

first_revalidation_date_assumed

2027-06-15

display_review_required_when_event_executed_or_announced
はい
3
内容を開く
想定日

2027-08-16

year
0.774811773
event_type

noncash_ebt_shares_vested_to_staff

company_cash_oku
0
old_holder_cash_received_oku
0
old_holder_shares_after
300075279.46188
eligible_shares_after
301875279.46188
company_equity_after_oku
16.534580947
capital_surplus_after_oku
10.21050486
basis

analyst_assumption

vested_shares
1800000
issued_change
0
old_cohort_shares_change
0
noncash_event_not_in_timed_cashflows
はい
event_id

bear-2027-03

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2027-08-16

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

award_vesting_and_share_delivery_date_assumed

2027-08-16

stock_delivery_date_confirmed
未確認
not_old_holder_cashflow
はい
revalidation_due_dates_assumed
1

2027-08-16

first_revalidation_date_assumed

2027-08-16

display_review_required_when_event_executed_or_announced
はい
4
内容を開く
想定日

2027-10-04

year
0.908966461
event_type

dividend_interim_current_fiscal_year

company_cash_oku
1.058907331
old_holder_cash_received_oku
1.052593355
old_holder_shares_after
300075279.46188
eligible_shares_after
301875279.46188
company_equity_after_oku
16.166526539
capital_surplus_after_oku
8.977013513
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2027-09-03

payable_amount_oku
1.058907331
dps_gbp
0.350776431
old_shares_entitled_at_ex
300075279.46188
eligible_shares_at_ex
301875279.46188
event_id

bear-2027-04

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2027-10-04

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2027-09-02

ex_date_assumed_previous_unadjusted

2027-09-03

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2027-09-06

record_date_confirmed
未確認
payment_date_assumed

2027-10-04

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2027-09-02

2

2027-09-03

3

2027-10-04

first_revalidation_date_assumed

2027-09-02

display_review_required_when_event_executed_or_announced
はい
5
内容を開く
想定日

2027-10-15

year
0.93908282
event_type

corporate_buyback_cancel_pro_rata

company_cash_oku
0.075740773
old_holder_cash_received_oku
0.075289151
old_holder_shares_after
299884471.22806
eligible_shares_after
301683326.66587
company_equity_after_oku
16.245875198
capital_surplus_after_oku
9.056362172
basis

analyst_assumption

price_gbp_assumed
39.45802
shares_cancelled
191952.79601871
old_cohort_shares_pro_rata_tendered
190808.23382252
treasury_delta
0
event_id

bear-2027-05

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2027-10-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

buyback_execution_date_assumed

2027-10-15

share_cancellation_effective_date_assumed

2027-10-15

corporate_cancellation_date_confirmed
未確認
revalidation_due_dates_assumed
1

2027-10-15

first_revalidation_date_assumed

2027-10-15

display_review_required_when_event_executed_or_announced
はい
insurance_service_result_oku
4.964621298
net_insurance_and_investment_result_oku
5.932693397
financial_services_net_interest_oku
0.98118
net_other_income_and_expenses_with_model_adjustment_oku
-1.105508496
営業利益（億）
5.808364901
operating_profit_status

analyst_forecast_issuer_IFRS_operating_profit_presentation_analogue

operating_profit_display_label_ja

営業利益（IFRS連結損益計算書Operating profit準拠の予測）

operating_profit_is_PBT
いいえ
operating_profit_bridge_oku
内容を開く
ifrs17_insurance_revenue
49.5482283
insurance_service_expenses_including_sbc
-41.079236618
net_reinsurance_service_result
-3.504370384
insurance_service_result
4.964621298
investment_return
2.156856626
net_insurance_finance_result
-1.188784527
net_insurance_and_investment_result
5.932693397
financial_services_interest_income
1.86921
financial_services_interest_expense
-0.88803
net_financial_services_interest
0.98118
other_revenue_and_profit_commission
2.42136929
other_operating_expenses_including_sbc
-3.603209073
other_operating_expenses_recovered_from_co_insurers
1.331996287
expected_credit_losses_and_writeoffs
-0.847665
other_operating_before_model_adjustment
-0.697508496
unallocated_model_operating_adjustment_not_issuer_disclosure
-0.408
total_other_operating_income_and_expenses_after_adjustment
-1.105508496
operating_profit
5.808364901
net_finance_costs_below_operating_profit
-0.2378
PBT_continuing_group_proxy
5.5705649
reconciliation_error_oku
1.0E-9
SBC_annual_expense_already_included_in_op_costs
0.91052
categorisation_note

Additional normalisation is assigned to other operating expenses for the purpose of matching original PBT. It is not a reported future statutory line.

2
内容を開く
year
2028
状態

analyst_assumption_2027_to_2036_not_company_forecast

segments_ifrs17_revenue_oku
内容を開く
UK_motor
33.3065844
UK_other_insurance
8.016634368
European_insurance
7.60603033
Other_insurance
1.4661638
ifrs17_insurance_revenue_oku
50.395412897
insurance_services_expenses_including_sbc_oku
-42.387734483
net_reinsurance_service_result_oku
-3.564288745
investment_return_oku
2.182799981
insurance_finance_result_oku
-1.204092265
financial_services_interest_income_oku
1.93463235
financial_services_interest_expense_oku
-0.91911105
other_revenue_and_profit_commission_oku
2.465527896
other_operating_expenses_including_sbc_oku
-3.681013925
other_operating_expenses_recoverable_from_co_insurers_oku
1.354771001
expected_credit_loss_and_writeoffs_oku
-0.877333275
finance_cost_net_oku
-0.243745
normalized_nonrecurring_adjustment_oku
-0.408
operating_revenue_analytical_oku
54.795573143
net_expenses_after_investment_and_reinsurance_oku
49.747747761
pbt_parent_continuing_proxy_oku
5.047825381
income_tax_oku
-1.211478092
profit_after_tax_parent_sbc_deducted_oku
3.83834729
non_controlling_profit_estimate_oku
-0.002
sbc_pnl_included_in_costs_oku
0.9378356
sbc_equity_credit_oku
0.9378356
uk_motor_reported_loss_ratio_reference
0.619
uk_motor_core_combined_ratio_reference
0.848
uk_motor_vehicle_policies_m
5.77
uk_motor_annualized_written_premium_per_current_policy_gbp
697.284850087
uk_motor_total_premiums_written_oku
40.23333585
admiral_money_gross_loan_balance_oku
20.11546305
loan_ecl_cost_assumption_multiple
1.75
reinsurance_cost_assumption_multiple
1.13
detail_adjustments
内容を開く
uk_motor_claim_impact_oku
-1.998395064
reinsurance_net_oku
-3.564288745
credit_cost_oku
-0.877333275
normalization_ex_2026_one_off_oku
-0.408
date_start

2028-01-01

date_end_projection

2028-12-31

period_days_in_year
366
cutoff_capital_date

2028-12-31

forecast_after_horizon_not_realised_in_capital_oku
0
as_of_event_start
内容を開く
発行済株式数
304906677
自己株式数
0
ebt_unvested_shares_estimate
3223350.538
outside_trust_dividend_eligible_shares
301683326.666
old_cohort_remaining_shares
299884471.228
old_cohort_outside_share_fraction
0.994037273
親会社持分（億）
17.33150122
eligible_own_funds_proxy_oku
20.707425133
solvency_capital_requirement_proxy_oku
10.56543694
scr_surplus_oku
10.141988193
prudential_ratio_proxy
1.959921322
as_of_year_end_or_horizon
内容を開く
発行済株式数
304567227
自己株式数
0
ebt_unvested_shares_estimate
3168055.975
outside_trust_dividend_eligible_shares
301399171.013
old_cohort_remaining_shares
297793308.668
old_cohort_outside_share_fraction
0.988036257
親会社持分（億）
19.255807801
eligible_own_funds_proxy_oku
22.631731714
solvency_capital_requirement_proxy_oku
10.658024702
scr_surplus_oku
11.973707013
prudential_ratio_proxy
2.12344523
subperiod_realization_factor
1
realized_parent_profit_oku
3.83834729
realized_sbc_equity_credit_oku
0.9378356
sbc_pnl_allocated_to_insurance_expenses_oku
0.393890952
sbc_pnl_allocated_to_other_operating_expenses_oku
0.543944648
cash_capital_transfers
内容を開く
dividends_oku
2.018494153
ordinary_dividends_oku
2.018494153
special_dividend_oku
0
buyback_oku
0.134342155
ebt_acquisition_oku
0.69904
new_outside_equity_raised_oku
0
old_holder_actual_cash_events_year_sum_oku
2.828306662
company_noncash_vested_shares
1821600
company_net_issued_share_change
-339450.2160554
company_treasury_share_change
0
employee_trust_share_change
-55294.563127158
old_holder_equity_share_remaining
0.988036257
equity_reconciliation
内容を開く
opening_oku
17.33150122
profit_oku
3.83834729
share_scheme_credit_non_cash_oku
0.9378356
dividends_oku
-2.018494153
company_buyback_oku
-0.134342155
EBT_cash_acquisition_oku
-0.69904
new_paid_in_capital_oku
0
closing_oku
19.255807801
share_reconciliation
内容を開く
issued_open
304906677
cancelled
-339450.2160554
third_party_new
0
issued_close
304567227
trust_open
3223350.538
trust_purchased
1766305.4368728
trust_vested
-1821600
trust_close
3168055.975
old_open
299884471.228
old_pro_rata_sold
2091162.56
old_close
297793308.668
solvency_valuation
内容を開く
eligible_ownfund_oku
22.631731714
scr_oku
10.658024702
surplus_over_scr_oku
11.973707013
headroom_to_160pct_scr_oku
5.578892192
ratio
2.12344523
event_details
内容を開く
1
内容を開く
想定日

2028-05-15

year
1.522245038
event_type

dividend_final_prior_fiscal_year

company_cash_oku
1.058907331
old_holder_cash_received_oku
1.052593355
old_holder_shares_after
299884471.22806
eligible_shares_after
301683326.66587
company_equity_after_oku
18.047350373
capital_surplus_after_oku
10.857837346
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2028-05-05

payable_amount_oku
1.058907331
dps_gbp
0.35099962
old_shares_entitled_at_ex
299884471.22806
eligible_shares_at_ex
301683326.66587
event_id

bear-2028-01

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2028-05-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2028-05-04

ex_date_assumed_previous_unadjusted

2028-05-01

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2028-05-02

record_date_confirmed
未確認
payment_date_assumed

2028-05-15

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2028-05-04

2

2028-05-05

3

2028-05-15

first_revalidation_date_assumed

2028-05-04

display_review_required_when_event_executed_or_announced
はい
2
内容を開く
想定日

2028-06-15

year
1.607118412
event_type

employee_trust_open_market_purchase

company_cash_oku
0.69904
old_holder_cash_received_oku
0.694871815
old_holder_shares_after
298128697.78901
eligible_shares_after
299917021.22899
company_equity_after_oku
17.752850454
capital_surplus_after_oku
10.563337427
basis

analyst_assumption

price_per_share_gbp_assumed
39.57639406
shares_acquired_by_trust
1766305.4368728
old_cohort_pro_rata_shares_sold
1755773.439049
non_cash_sbc_excluded
はい
event_id

bear-2028-02

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2028-06-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

trust_purchase_execution_date_assumed

2028-06-15

settlement_date_confirmed
未確認
revalidation_due_dates_assumed
1

2028-06-15

first_revalidation_date_assumed

2028-06-15

display_review_required_when_event_executed_or_announced
はい
3
内容を開く
想定日

2028-08-15

year
1.77412731
event_type

noncash_ebt_shares_vested_to_staff

company_cash_oku
0
old_holder_cash_received_oku
0
old_holder_shares_after
298128697.78901
eligible_shares_after
301738621.22899
company_equity_after_oku
18.548880935
capital_surplus_after_oku
11.359367908
basis

analyst_assumption

vested_shares
1821600
issued_change
0
old_cohort_shares_change
0
noncash_event_not_in_timed_cashflows
はい
event_id

bear-2028-03

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2028-08-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

award_vesting_and_share_delivery_date_assumed

2028-08-15

stock_delivery_date_confirmed
未確認
not_old_holder_cashflow
はい
revalidation_due_dates_assumed
1

2028-08-15

first_revalidation_date_assumed

2028-08-15

display_review_required_when_event_executed_or_announced
はい
4
内容を開く
想定日

2028-10-02

year
1.905544148
event_type

dividend_interim_current_fiscal_year

company_cash_oku
0.959586822
old_holder_cash_received_oku
0.948106572
old_holder_shares_after
298128697.78901
eligible_shares_after
301738621.22899
company_equity_after_oku
18.215678754
capital_surplus_after_oku
10.933577966
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2028-09-08

payable_amount_oku
0.959586822
dps_gbp
0.318019224
old_shares_entitled_at_ex
298128697.78901
eligible_shares_at_ex
301738621.22899
event_id

bear-2028-04

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2028-10-02

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2028-09-07

ex_date_assumed_previous_unadjusted

2028-09-04

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2028-09-05

record_date_confirmed
未確認
payment_date_assumed

2028-10-02

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2028-09-07

2

2028-09-08

3

2028-10-02

first_revalidation_date_assumed

2028-09-07

display_review_required_when_event_executed_or_announced
はい
5
内容を開く
想定日

2028-10-16

year
1.943874059
event_type

corporate_buyback_cancel_pro_rata

company_cash_oku
0.134342155
old_holder_cash_received_oku
0.13273492
old_holder_shares_after
297793308.66824
eligible_shares_after
301399171.01294
company_equity_after_oku
18.264032119
capital_surplus_after_oku
10.981931331
basis

analyst_assumption

price_gbp_assumed
39.57639406
shares_cancelled
339450.2160554
old_cohort_shares_pro_rata_tendered
335389.1207715
treasury_delta
0
event_id

bear-2028-05

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2028-10-16

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

buyback_execution_date_assumed

2028-10-16

share_cancellation_effective_date_assumed

2028-10-16

corporate_cancellation_date_confirmed
未確認
revalidation_due_dates_assumed
1

2028-10-16

first_revalidation_date_assumed

2028-10-16

display_review_required_when_event_executed_or_announced
はい
insurance_service_result_oku
4.443389669
net_insurance_and_investment_result_oku
5.422097385
financial_services_net_interest_oku
1.0155213
net_other_income_and_expenses_with_model_adjustment_oku
-1.146048303
営業利益（億）
5.291570382
operating_profit_status

analyst_forecast_issuer_IFRS_operating_profit_presentation_analogue

operating_profit_display_label_ja

営業利益（IFRS連結損益計算書Operating profit準拠の予測）

operating_profit_is_PBT
いいえ
operating_profit_bridge_oku
内容を開く
ifrs17_insurance_revenue
50.395412897
insurance_service_expenses_including_sbc
-42.387734483
net_reinsurance_service_result
-3.564288745
insurance_service_result
4.443389669
investment_return
2.182799981
net_insurance_finance_result
-1.204092265
net_insurance_and_investment_result
5.422097385
financial_services_interest_income
1.93463235
financial_services_interest_expense
-0.91911105
net_financial_services_interest
1.0155213
other_revenue_and_profit_commission
2.465527896
other_operating_expenses_including_sbc
-3.681013925
other_operating_expenses_recovered_from_co_insurers
1.354771001
expected_credit_losses_and_writeoffs
-0.877333275
other_operating_before_model_adjustment
-0.738048303
unallocated_model_operating_adjustment_not_issuer_disclosure
-0.408
total_other_operating_income_and_expenses_after_adjustment
-1.146048303
operating_profit
5.291570382
net_finance_costs_below_operating_profit
-0.243745
PBT_continuing_group_proxy
5.047825381
reconciliation_error_oku
1.0E-9
SBC_annual_expense_already_included_in_op_costs
0.9378356
categorisation_note

Additional normalisation is assigned to other operating expenses for the purpose of matching original PBT. It is not a reported future statutory line.

3
内容を開く
year
2029
状態

analyst_assumption_2027_to_2036_not_company_forecast

segments_ifrs17_revenue_oku
内容を開く
UK_motor
33.473117322
UK_other_insurance
8.299220729
European_insurance
7.990325012
Other_insurance
1.510148714
ifrs17_insurance_revenue_oku
51.272811777
insurance_services_expenses_including_sbc_oku
-43.0605854
net_reinsurance_service_result_oku
-3.626344055
investment_return_oku
2.209668588
insurance_finance_result_oku
-1.219945942
financial_services_interest_income_oku
2.002344482
financial_services_interest_expense_oku
-0.951279937
other_revenue_and_profit_commission_oku
2.51126139
other_operating_expenses_including_sbc_oku
-3.761524618
other_operating_expenses_recoverable_from_co_insurers_oku
1.378357961
expected_credit_loss_and_writeoffs_oku
-0.90803994
finance_cost_net_oku
-0.249838625
normalized_nonrecurring_adjustment_oku
-0.408
operating_revenue_analytical_oku
55.786417649
net_expenses_after_investment_and_reinsurance_oku
50.597531968
pbt_parent_continuing_proxy_oku
5.188885681
income_tax_oku
-1.245332563
profit_after_tax_parent_sbc_deducted_oku
3.945553117
non_controlling_profit_estimate_oku
-0.002
sbc_pnl_included_in_costs_oku
0.965970668
sbc_equity_credit_oku
0.965970668
uk_motor_reported_loss_ratio_reference
0.614
uk_motor_core_combined_ratio_reference
0.843
uk_motor_vehicle_policies_m
5.77
uk_motor_annualized_written_premium_per_current_policy_gbp
700.771274337
uk_motor_total_premiums_written_oku
40.434502529
admiral_money_gross_loan_balance_oku
20.819504257
loan_ecl_cost_assumption_multiple
1.75
reinsurance_cost_assumption_multiple
1.13
detail_adjustments
内容を開く
uk_motor_claim_impact_oku
-1.841021453
reinsurance_net_oku
-3.626344055
credit_cost_oku
-0.90803994
normalization_ex_2026_one_off_oku
-0.408
date_start

2029-01-01

date_end_projection

2029-12-31

period_days_in_year
365
cutoff_capital_date

2029-12-31

forecast_after_horizon_not_realised_in_capital_oku
0
as_of_event_start
内容を開く
発行済株式数
304567227
自己株式数
0
ebt_unvested_shares_estimate
3168055.975
outside_trust_dividend_eligible_shares
301399171.013
old_cohort_remaining_shares
297793308.668
old_cohort_outside_share_fraction
0.988036257
親会社持分（億）
19.255807801
eligible_own_funds_proxy_oku
22.631731714
solvency_capital_requirement_proxy_oku
10.658024702
scr_surplus_oku
11.973707013
prudential_ratio_proxy
2.12344523
as_of_year_end_or_horizon
内容を開く
発行済株式数
304219340
自己株式数
0
ebt_unvested_shares_estimate
3134927.771
outside_trust_dividend_eligible_shares
301084411.749
old_cohort_remaining_shares
295663012.686
old_cohort_outside_share_fraction
0.981993757
親会社持分（億）
20.172497679
eligible_own_funds_proxy_oku
23.548421592
solvency_capital_requirement_proxy_oku
10.753889334
scr_surplus_oku
12.794532258
prudential_ratio_proxy
2.189758594
subperiod_realization_factor
1
realized_parent_profit_oku
3.945553117
realized_sbc_equity_credit_oku
0.965970668
sbc_pnl_allocated_to_insurance_expenses_oku
0.405707681
sbc_pnl_allocated_to_other_operating_expenses_oku
0.560262987
cash_capital_transfers
内容を開く
dividends_oku
3.138126429
ordinary_dividends_oku
1.945975102
special_dividend_oku
1.192151327
buyback_oku
0.138094359
ebt_acquisition_oku
0.71861312
new_outside_equity_raised_oku
0
old_holder_actual_cash_events_year_sum_oku
3.933042481
company_noncash_vested_shares
1843459.2
company_net_issued_share_change
-347887.46785001
company_treasury_share_change
0
employee_trust_share_change
-33128.20388307
old_holder_equity_share_remaining
0.981993757
equity_reconciliation
内容を開く
opening_oku
19.255807801
profit_oku
3.945553117
share_scheme_credit_non_cash_oku
0.965970668
dividends_oku
-3.138126429
company_buyback_oku
-0.138094359
EBT_cash_acquisition_oku
-0.71861312
new_paid_in_capital_oku
0
closing_oku
20.172497679
share_reconciliation
内容を開く
issued_open
304567227
cancelled
-347887.46785001
third_party_new
0
issued_close
304219340
trust_open
3168055.975
trust_purchased
1810330.9961169
trust_vested
-1843459.2
trust_close
3134927.771
old_open
297793308.668
old_pro_rata_sold
2130295.982
old_close
295663012.686
solvency_valuation
内容を開く
eligible_ownfund_oku
23.548421592
scr_oku
10.753889334
surplus_over_scr_oku
12.794532258
headroom_to_160pct_scr_oku
6.342198658
ratio
2.189758594
event_details
内容を開く
1
内容を開く
想定日

2029-05-15

year
2.521560575
event_type

dividend_final_prior_fiscal_year

company_cash_oku
0.959586822
old_holder_cash_received_oku
0.948106572
old_holder_shares_after
297793308.66824
eligible_shares_after
301399171.01294
company_equity_after_oku
20.112811968
capital_surplus_after_oku
12.83071118
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2029-05-04

payable_amount_oku
0.959586822
dps_gbp
0.318377393
old_shares_entitled_at_ex
297793308.66824
eligible_shares_at_ex
301399171.01294
event_id

bear-2029-01

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2029-05-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2029-05-03

ex_date_assumed_previous_unadjusted

2029-05-01

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2029-05-02

record_date_confirmed
未確認
payment_date_assumed

2029-05-15

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2029-05-03

2

2029-05-04

3

2029-05-15

first_revalidation_date_assumed

2029-05-03

display_review_required_when_event_executed_or_announced
はい
2
内容を開く
想定日

2029-06-15

year
2.606433949
event_type

employee_trust_open_market_purchase

company_cash_oku
0.71861312
old_holder_cash_received_oku
0.710015817
old_holder_shares_after
296004636.00764
eligible_shares_after
299588840.01682
company_equity_after_oku
19.811341964
capital_surplus_after_oku
12.529241176
basis

analyst_assumption

price_per_share_gbp_assumed
39.695123242
shares_acquired_by_trust
1810330.9961169
old_cohort_pro_rata_shares_sold
1788672.6606
non_cash_sbc_excluded
はい
event_id

bear-2029-02

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2029-06-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

trust_purchase_execution_date_assumed

2029-06-15

settlement_date_confirmed
未確認
revalidation_due_dates_assumed
1

2029-06-15

first_revalidation_date_assumed

2029-06-15

display_review_required_when_event_executed_or_announced
はい
3
内容を開く
想定日

2029-08-15

year
2.773442847
event_type

noncash_ebt_shares_vested_to_staff

company_cash_oku
0
old_holder_cash_received_oku
0
old_holder_shares_after
296004636.00764
eligible_shares_after
301432299.21682
company_equity_after_oku
20.632171967
capital_surplus_after_oku
13.350071178
basis

analyst_assumption

vested_shares
1843459.2
issued_change
0
old_cohort_shares_change
0
noncash_event_not_in_timed_cashflows
はい
event_id

bear-2029-03

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2029-08-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

award_vesting_and_share_delivery_date_assumed

2029-08-15

stock_delivery_date_confirmed
未確認
not_old_holder_cashflow
はい
revalidation_due_dates_assumed
1

2029-08-15

first_revalidation_date_assumed

2029-08-15

display_review_required_when_event_executed_or_announced
はい
4
内容を開く
想定日

2029-10-02

year
2.904859685
event_type

dividend_interim_current_fiscal_year

company_cash_oku
0.986388279
old_holder_cash_received_oku
0.968627132
old_holder_shares_after
296004636.00764
eligible_shares_after
301432299.21682
company_equity_after_oku
20.291682706
capital_surplus_after_oku
12.913717285
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2029-09-07

payable_amount_oku
0.986388279
dps_gbp
0.327233771
old_shares_entitled_at_ex
296004636.00764
eligible_shares_at_ex
301432299.21682
event_id

bear-2029-04

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2029-10-02

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2029-09-06

ex_date_assumed_previous_unadjusted

2029-09-03

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2029-09-04

record_date_confirmed
未確認
payment_date_assumed

2029-10-02

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2029-09-06

2

2029-09-07

3

2029-10-02

first_revalidation_date_assumed

2029-09-06

display_review_required_when_event_executed_or_announced
はい
5
内容を開く
想定日

2029-10-15

year
2.940451745
event_type

corporate_buyback_cancel_pro_rata

company_cash_oku
0.138094359
old_holder_cash_received_oku
0.135607799
old_holder_shares_after
295663012.68605
eligible_shares_after
301084411.74897
company_equity_after_oku
20.328519331
capital_surplus_after_oku
12.95055391
basis

analyst_assumption

price_gbp_assumed
39.695123242
shares_cancelled
347887.46785001
old_cohort_shares_pro_rata_tendered
341623.32158868
treasury_delta
0
event_id

bear-2029-05

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2029-10-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

buyback_execution_date_assumed

2029-10-15

share_cancellation_effective_date_assumed

2029-10-15

corporate_cancellation_date_confirmed
未確認
revalidation_due_dates_assumed
1

2029-10-15

first_revalidation_date_assumed

2029-10-15

display_review_required_when_event_executed_or_announced
はい
6
内容を開く
想定日

2029-11-05

year
2.997946612
event_type

dividend_special_surplus_economic_capital

company_cash_oku
1.192151327
old_holder_cash_received_oku
1.170685161
old_holder_shares_after
295663012.68605
eligible_shares_after
301084411.74897
company_equity_after_oku
19.418948824
capital_surplus_after_oku
12.040983403
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2029-10-26

payable_amount_oku
1.192151327
dps_gbp
0.395952524
old_shares_entitled_at_ex
295663012.68605
eligible_shares_at_ex
301084411.74897
event_id

bear-2029-06

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2029-11-05

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2029-10-25

ex_date_assumed_previous_unadjusted

2029-10-22

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2029-10-23

record_date_confirmed
未確認
payment_date_assumed

2029-11-05

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2029-10-25

2

2029-10-26

3

2029-11-05

first_revalidation_date_assumed

2029-10-25

display_review_required_when_event_executed_or_announced
はい
insurance_service_result_oku
4.585882322
net_insurance_and_investment_result_oku
5.575604968
financial_services_net_interest_oku
1.051064545
net_other_income_and_expenses_with_model_adjustment_oku
-1.187945207
営業利益（億）
5.438724306
operating_profit_status

analyst_forecast_issuer_IFRS_operating_profit_presentation_analogue

operating_profit_display_label_ja

営業利益（IFRS連結損益計算書Operating profit準拠の予測）

operating_profit_is_PBT
いいえ
operating_profit_bridge_oku
内容を開く
ifrs17_insurance_revenue
51.272811777
insurance_service_expenses_including_sbc
-43.0605854
net_reinsurance_service_result
-3.626344055
insurance_service_result
4.585882322
investment_return
2.209668588
net_insurance_finance_result
-1.219945942
net_insurance_and_investment_result
5.575604968
financial_services_interest_income
2.002344482
financial_services_interest_expense
-0.951279937
net_financial_services_interest
1.051064545
other_revenue_and_profit_commission
2.51126139
other_operating_expenses_including_sbc
-3.761524618
other_operating_expenses_recovered_from_co_insurers
1.378357961
expected_credit_losses_and_writeoffs
-0.90803994
other_operating_before_model_adjustment
-0.779945207
unallocated_model_operating_adjustment_not_issuer_disclosure
-0.408
total_other_operating_income_and_expenses_after_adjustment
-1.187945207
operating_profit
5.438724306
net_finance_costs_below_operating_profit
-0.249838625
PBT_continuing_group_proxy
5.188885681
reconciliation_error_oku
0
SBC_annual_expense_already_included_in_op_costs
0.965970668
categorisation_note

Additional normalisation is assigned to other operating expenses for the purpose of matching original PBT. It is not a reported future statutory line.

4
内容を開く
year
2030
状態

analyst_assumption_2027_to_2036_not_company_forecast

segments_ifrs17_revenue_oku
内容を開く
UK_motor
33.640482909
UK_other_insurance
8.59176826
European_insurance
8.394036183
Other_insurance
1.555453175
ifrs17_insurance_revenue_oku
52.181740527
insurance_services_expenses_including_sbc_oku
-43.761891111
net_reinsurance_service_result_oku
-3.69062936
investment_return_oku
2.237502736
insurance_finance_result_oku
-1.236369332
financial_services_interest_income_oku
2.072426539
financial_services_interest_expense_oku
-0.984574735
other_revenue_and_profit_commission_oku
2.558638345
other_operating_expenses_including_sbc_oku
-3.844856282
other_operating_expenses_recoverable_from_co_insurers_oku
1.402792532
expected_credit_loss_and_writeoffs_oku
-0.939821338
finance_cost_net_oku
-0.256084591
normalized_nonrecurring_adjustment_oku
-0.408
operating_revenue_analytical_oku
56.812805411
net_expenses_after_investment_and_reinsurance_oku
51.48193148
pbt_parent_continuing_proxy_oku
5.330873931
income_tax_oku
-1.279409743
profit_after_tax_parent_sbc_deducted_oku
4.053464187
non_controlling_profit_estimate_oku
-0.002
sbc_pnl_included_in_costs_oku
0.994949788
sbc_equity_credit_oku
0.994949788
uk_motor_reported_loss_ratio_reference
0.609
uk_motor_core_combined_ratio_reference
0.838
uk_motor_vehicle_policies_m
5.77
uk_motor_annualized_written_premium_per_current_policy_gbp
704.275130709
uk_motor_total_premiums_written_oku
40.636675042
admiral_money_gross_loan_balance_oku
21.548186906
loan_ecl_cost_assumption_multiple
1.75
reinsurance_cost_assumption_multiple
1.13
detail_adjustments
内容を開く
uk_motor_claim_impact_oku
-1.682024145
reinsurance_net_oku
-3.69062936
credit_cost_oku
-0.939821338
normalization_ex_2026_one_off_oku
-0.408
date_start

2030-01-01

date_end_projection

2030-12-31

period_days_in_year
365
cutoff_capital_date

2030-12-31

forecast_after_horizon_not_realised_in_capital_oku
0
as_of_event_start
内容を開く
発行済株式数
304219340
自己株式数
0
ebt_unvested_shares_estimate
3134927.771
outside_trust_dividend_eligible_shares
301084411.749
old_cohort_remaining_shares
295663012.686
old_cohort_outside_share_fraction
0.981993757
親会社持分（億）
20.172497679
eligible_own_funds_proxy_oku
23.548421592
solvency_capital_requirement_proxy_oku
10.753889334
scr_surplus_oku
12.794532258
prudential_ratio_proxy
2.189758594
as_of_year_end_or_horizon
内容を開く
発行済株式数
303863006
自己株式数
0
ebt_unvested_shares_estimate
3124800.963
outside_trust_dividend_eligible_shares
300738205.35
old_cohort_remaining_shares
293493219.637
old_cohort_outside_share_fraction
0.975909327
親会社持分（億）
20.641024888
eligible_own_funds_proxy_oku
24.016948801
solvency_capital_requirement_proxy_oku
10.853162172
scr_surplus_oku
13.163786629
prudential_ratio_proxy
2.212898731
subperiod_realization_factor
1
realized_parent_profit_oku
4.053464187
realized_sbc_equity_credit_oku
0.994949788
sbc_pnl_allocated_to_insurance_expenses_oku
0.417878911
sbc_pnl_allocated_to_other_operating_expenses_oku
0.577070877
cash_capital_transfers
内容を開く
dividends_oku
3.699281232
ordinary_dividends_oku
1.999754326
special_dividend_oku
1.699526906
buyback_oku
0.141871247
ebt_acquisition_oku
0.738734287
new_outside_equity_raised_oku
0
old_holder_actual_cash_events_year_sum_oku
4.4800506
company_noncash_vested_shares
1865580.7104
company_net_issued_share_change
-356333.20742669
company_treasury_share_change
0
employee_trust_share_change
-10126.808098699
old_holder_equity_share_remaining
0.975909327
equity_reconciliation
内容を開く
opening_oku
20.172497679
profit_oku
4.053464187
share_scheme_credit_non_cash_oku
0.994949788
dividends_oku
-3.699281232
company_buyback_oku
-0.141871247
EBT_cash_acquisition_oku
-0.738734287
new_paid_in_capital_oku
0
closing_oku
20.641024888
share_reconciliation
内容を開く
issued_open
304219340
cancelled
-356333.20742669
third_party_new
0
issued_close
303863006
trust_open
3134927.771
trust_purchased
1855453.9023013
trust_vested
-1865580.7104
trust_close
3124800.963
old_open
295663012.686
old_pro_rata_sold
2169793.049
old_close
293493219.637
solvency_valuation
内容を開く
eligible_ownfund_oku
24.016948801
scr_oku
10.853162172
surplus_over_scr_oku
13.163786629
headroom_to_160pct_scr_oku
6.651889326
ratio
2.212898731
event_details
内容を開く
1
内容を開く
想定日

2030-05-15

year
3.520876112
event_type

dividend_final_prior_fiscal_year

company_cash_oku
0.986388279
old_holder_cash_received_oku
0.968627132
old_holder_shares_after
295663012.68605
eligible_shares_after
301084411.74897
company_equity_after_oku
21.053331007
capital_surplus_after_oku
13.675365586
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2030-05-03

payable_amount_oku
0.986388279
dps_gbp
0.327611873
old_shares_entitled_at_ex
295663012.68605
eligible_shares_at_ex
301084411.74897
event_id

bear-2030-01

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2030-05-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2030-05-02

ex_date_assumed_previous_unadjusted

2030-05-01

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2030-05-02

record_date_confirmed
未確認
payment_date_assumed

2030-05-15

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2030-05-02

2

2030-05-03

3

2030-05-15

first_revalidation_date_assumed

2030-05-02

display_review_required_when_event_executed_or_announced
はい
2
内容を開く
想定日

2030-06-17

year
3.611225188
event_type

employee_trust_open_market_purchase

company_cash_oku
0.738734287
old_holder_cash_received_oku
0.725432458
old_holder_shares_after
293840968.53748
eligible_shares_after
299228957.84667
company_equity_after_oku
20.771028668
capital_surplus_after_oku
13.393063247
basis

analyst_assumption

price_per_share_gbp_assumed
39.814208612
shares_acquired_by_trust
1855453.9023013
old_cohort_pro_rata_shares_sold
1822044.1485755
non_cash_sbc_excluded
はい
event_id

bear-2030-02

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2030-06-17

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

trust_purchase_execution_date_assumed

2030-06-17

settlement_date_confirmed
未確認
revalidation_due_dates_assumed
1

2030-06-17

first_revalidation_date_assumed

2030-06-17

display_review_required_when_event_executed_or_announced
はい
3
内容を開く
想定日

2030-08-15

year
3.772758385
event_type

noncash_ebt_shares_vested_to_staff

company_cash_oku
0
old_holder_cash_received_oku
0
old_holder_shares_after
293840968.53748
eligible_shares_after
301094538.55707
company_equity_after_oku
21.587073667
capital_surplus_after_oku
14.209108246
basis

analyst_assumption

vested_shares
1865580.7104
issued_change
0
old_cohort_shares_change
0
noncash_event_not_in_timed_cashflows
はい
event_id

bear-2030-03

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2030-08-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

award_vesting_and_share_delivery_date_assumed

2030-08-15

stock_delivery_date_confirmed
未確認
not_old_holder_cashflow
はい
revalidation_due_dates_assumed
1

2030-08-15

first_revalidation_date_assumed

2030-08-15

display_review_required_when_event_executed_or_announced
はい
4
内容を開く
想定日

2030-10-02

year
3.904175222
event_type

dividend_interim_current_fiscal_year

company_cash_oku
1.013366047
old_holder_cash_received_oku
0.988953377
old_holder_shares_after
293840968.53748
eligible_shares_after
301094538.55707
company_equity_after_oku
21.237608636
capital_surplus_after_oku
13.760370377
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2030-09-06

payable_amount_oku
1.013366047
dps_gbp
0.336560753
old_shares_entitled_at_ex
293840968.53748
eligible_shares_at_ex
301094538.55707
event_id

bear-2030-04

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2030-10-02

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2030-09-05

ex_date_assumed_previous_unadjusted

2030-09-03

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2030-09-04

record_date_confirmed
未確認
payment_date_assumed

2030-10-02

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2030-09-05

2

2030-09-06

3

2030-10-02

first_revalidation_date_assumed

2030-09-05

display_review_required_when_event_executed_or_announced
はい
5
内容を開く
想定日

2030-10-15

year
3.939767283
event_type

corporate_buyback_cancel_pro_rata

company_cash_oku
0.141871247
old_holder_cash_received_oku
0.138453473
old_holder_shares_after
293493219.63677
eligible_shares_after
300738205.34964
company_equity_after_oku
21.275543914
capital_surplus_after_oku
13.798305656
basis

analyst_assumption

price_gbp_assumed
39.814208612
shares_cancelled
356333.20742669
old_cohort_shares_pro_rata_tendered
347748.90070774
treasury_delta
0
event_id

bear-2030-05

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2030-10-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

buyback_execution_date_assumed

2030-10-15

share_cancellation_effective_date_assumed

2030-10-15

corporate_cancellation_date_confirmed
未確認
revalidation_due_dates_assumed
1

2030-10-15

first_revalidation_date_assumed

2030-10-15

display_review_required_when_event_executed_or_announced
はい
6
内容を開く
想定日

2030-11-05

year
3.997262149
event_type

dividend_special_surplus_economic_capital

company_cash_oku
1.699526906
old_holder_cash_received_oku
1.658584159
old_holder_shares_after
293493219.63677
eligible_shares_after
300738205.34964
company_equity_after_oku
19.866473703
capital_surplus_after_oku
12.389235444
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2030-10-25

payable_amount_oku
1.699526906
dps_gbp
0.565118391
old_shares_entitled_at_ex
293493219.63677
eligible_shares_at_ex
300738205.34964
event_id

bear-2030-06

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2030-11-05

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2030-10-24

ex_date_assumed_previous_unadjusted

2030-10-22

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2030-10-23

record_date_confirmed
未確認
payment_date_assumed

2030-11-05

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2030-10-24

2

2030-10-25

3

2030-11-05

first_revalidation_date_assumed

2030-10-24

display_review_required_when_event_executed_or_announced
はい
insurance_service_result_oku
4.729220056
net_insurance_and_investment_result_oku
5.73035346
financial_services_net_interest_oku
1.087851804
net_other_income_and_expenses_with_model_adjustment_oku
-1.231246743
営業利益（億）
5.586958521
operating_profit_status

analyst_forecast_issuer_IFRS_operating_profit_presentation_analogue

operating_profit_display_label_ja

営業利益（IFRS連結損益計算書Operating profit準拠の予測）

operating_profit_is_PBT
いいえ
operating_profit_bridge_oku
内容を開く
ifrs17_insurance_revenue
52.181740527
insurance_service_expenses_including_sbc
-43.761891111
net_reinsurance_service_result
-3.69062936
insurance_service_result
4.729220056
investment_return
2.237502736
net_insurance_finance_result
-1.236369332
net_insurance_and_investment_result
5.73035346
financial_services_interest_income
2.072426539
financial_services_interest_expense
-0.984574735
net_financial_services_interest
1.087851804
other_revenue_and_profit_commission
2.558638345
other_operating_expenses_including_sbc
-3.844856282
other_operating_expenses_recovered_from_co_insurers
1.402792532
expected_credit_losses_and_writeoffs
-0.939821338
other_operating_before_model_adjustment
-0.823246743
unallocated_model_operating_adjustment_not_issuer_disclosure
-0.408
total_other_operating_income_and_expenses_after_adjustment
-1.231246743
operating_profit
5.586958521
net_finance_costs_below_operating_profit
-0.256084591
PBT_continuing_group_proxy
5.330873931
reconciliation_error_oku
-1.0E-9
SBC_annual_expense_already_included_in_op_costs
0.994949788
categorisation_note

Additional normalisation is assigned to other operating expenses for the purpose of matching original PBT. It is not a reported future statutory line.

5
内容を開く
year
2031
状態

analyst_assumption_2027_to_2036_not_company_forecast

segments_ifrs17_revenue_oku
内容を開く
UK_motor
33.808685323
UK_other_insurance
8.894628091
European_insurance
8.818144861
Other_insurance
1.602116771
ifrs17_insurance_revenue_oku
53.123575046
insurance_services_expenses_including_sbc_oku
-44.492998264
net_reinsurance_service_result_oku
-3.757241974
investment_return_oku
2.266344558
insurance_finance_result_oku
-1.253387294
financial_services_interest_income_oku
2.144961468
financial_services_interest_expense_oku
-1.01903485
other_revenue_and_profit_commission_oku
2.607730478
other_operating_expenses_including_sbc_oku
-3.931129359
other_operating_expenses_recoverable_from_co_insurers_oku
1.428111703
expected_credit_loss_and_writeoffs_oku
-0.972715084
finance_cost_net_oku
-0.262486705
normalized_nonrecurring_adjustment_oku
-0.408
operating_revenue_analytical_oku
57.876266993
net_expenses_after_investment_and_reinsurance_oku
52.402537269
pbt_parent_continuing_proxy_oku
5.473729724
income_tax_oku
-1.313695134
profit_after_tax_parent_sbc_deducted_oku
4.16203459
non_controlling_profit_estimate_oku
-0.002
sbc_pnl_included_in_costs_oku
1.024798282
sbc_equity_credit_oku
1.024798282
uk_motor_reported_loss_ratio_reference
0.604
uk_motor_core_combined_ratio_reference
0.833
uk_motor_vehicle_policies_m
5.77
uk_motor_annualized_written_premium_per_current_policy_gbp
707.796506362
uk_motor_total_premiums_written_oku
40.839858417
admiral_money_gross_loan_balance_oku
22.302373447
loan_ecl_cost_assumption_multiple
1.75
reinsurance_cost_assumption_multiple
1.13
detail_adjustments
内容を開く
uk_motor_claim_impact_oku
-1.52139084
reinsurance_net_oku
-3.757241974
credit_cost_oku
-0.972715084
normalization_ex_2026_one_off_oku
-0.408
date_start

2031-01-01

date_end_projection

2031-12-31

period_days_in_year
365
cutoff_capital_date

2031-12-31

forecast_after_horizon_not_realised_in_capital_oku
0
as_of_event_start
内容を開く
発行済株式数
303863006
自己株式数
0
ebt_unvested_shares_estimate
3124800.963
outside_trust_dividend_eligible_shares
300738205.35
old_cohort_remaining_shares
293493219.637
old_cohort_outside_share_fraction
0.975909327
親会社持分（億）
20.641024888
eligible_own_funds_proxy_oku
24.016948801
solvency_capital_requirement_proxy_oku
10.853162172
scr_surplus_oku
13.163786629
prudential_ratio_proxy
2.212898731
as_of_year_end_or_horizon
内容を開く
発行済株式数
303498223
自己株式数
0
ebt_unvested_shares_estimate
3138534.791
outside_trust_dividend_eligible_shares
300359688.422
old_cohort_remaining_shares
291283571.131
old_cohort_outside_share_fraction
0.969782505
親会社持分（億）
20.971473565
eligible_own_funds_proxy_oku
24.347397478
solvency_capital_requirement_proxy_oku
10.955980068
scr_surplus_oku
13.39141741
prudential_ratio_proxy
2.222292969
subperiod_realization_factor
1
realized_parent_profit_oku
4.16203459
realized_sbc_equity_credit_oku
1.024798282
sbc_pnl_allocated_to_insurance_expenses_oku
0.430415278
sbc_pnl_allocated_to_other_operating_expenses_oku
0.594383003
cash_capital_transfers
内容を開く
dividends_oku
3.951294137
ordinary_dividends_oku
2.053874694
special_dividend_oku
1.897419442
buyback_oku
0.145671211
ebt_acquisition_oku
0.759418847
new_outside_equity_raised_oku
0
old_holder_actual_cash_events_year_sum_oku
4.720497968
company_noncash_vested_shares
1887967.6789248
company_net_issued_share_change
-364783.09929602
company_treasury_share_change
0
employee_trust_share_change
13733.828119804
old_holder_equity_share_remaining
0.969782505
equity_reconciliation
内容を開く
opening_oku
20.641024888
profit_oku
4.16203459
share_scheme_credit_non_cash_oku
1.024798282
dividends_oku
-3.951294137
company_buyback_oku
-0.145671211
EBT_cash_acquisition_oku
-0.759418847
new_paid_in_capital_oku
0
closing_oku
20.971473565
share_reconciliation
内容を開く
issued_open
303863006
cancelled
-364783.09929602
third_party_new
0
issued_close
303498223
trust_open
3124800.963
trust_purchased
1901701.5070446
trust_vested
-1887967.6789248
trust_close
3138534.791
old_open
293493219.637
old_pro_rata_sold
2209648.506
old_close
291283571.131
solvency_valuation
内容を開く
eligible_ownfund_oku
24.347397478
scr_oku
10.955980068
surplus_over_scr_oku
13.39141741
headroom_to_160pct_scr_oku
6.817829369
ratio
2.222292969
event_details
内容を開く
1
内容を開く
想定日

2031-05-15

year
4.52019165
event_type

dividend_final_prior_fiscal_year

company_cash_oku
1.013366047
old_holder_cash_received_oku
0.988953377
old_holder_shares_after
293493219.63677
eligible_shares_after
300738205.34964
company_equity_after_oku
21.546076479
capital_surplus_after_oku
14.06883822
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2031-05-02

payable_amount_oku
1.013366047
dps_gbp
0.336959531
old_shares_entitled_at_ex
293493219.63677
eligible_shares_at_ex
300738205.34964
event_id

bear-2031-01

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2031-05-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2031-05-01

ex_date_assumed_previous_unadjusted
未確認
ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2031-05-02

record_date_confirmed
未確認
payment_date_assumed

2031-05-15

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2031-05-01

2

2031-05-02

3

2031-05-15

first_revalidation_date_assumed

2031-05-01

display_review_required_when_event_executed_or_announced
はい
2
内容を開く
想定日

2031-06-16

year
4.607802875
event_type

employee_trust_open_market_purchase

company_cash_oku
0.759418847
old_holder_cash_received_oku
0.741123936
old_holder_shares_after
291637331.39855
eligible_shares_after
298836503.8426
company_equity_after_oku
21.241393664
capital_surplus_after_oku
13.764155405
basis

analyst_assumption

price_per_share_gbp_assumed
39.933651238
shares_acquired_by_trust
1901701.5070446
old_cohort_pro_rata_shares_sold
1855888.2382161
non_cash_sbc_excluded
はい
event_id

bear-2031-02

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2031-06-16

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

trust_purchase_execution_date_assumed

2031-06-16

settlement_date_confirmed
未確認
revalidation_due_dates_assumed
1

2031-06-16

first_revalidation_date_assumed

2031-06-16

display_review_required_when_event_executed_or_announced
はい
3
内容を開く
想定日

2031-08-15

year
4.772073922
event_type

noncash_ebt_shares_vested_to_staff

company_cash_oku
0
old_holder_cash_received_oku
0
old_holder_shares_after
291637331.39855
eligible_shares_after
300724471.52152
company_equity_after_oku
22.094023725
capital_surplus_after_oku
14.616785466
basis

analyst_assumption

vested_shares
1887967.6789248
issued_change
0
old_cohort_shares_change
0
noncash_event_not_in_timed_cashflows
はい
event_id

bear-2031-03

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2031-08-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

award_vesting_and_share_delivery_date_assumed

2031-08-15

stock_delivery_date_confirmed
未確認
not_old_holder_cashflow
はい
revalidation_due_dates_assumed
1

2031-08-15

first_revalidation_date_assumed

2031-08-15

display_review_required_when_event_executed_or_announced
はい
4
内容を開く
想定日

2031-10-02

year
4.90349076
event_type

dividend_interim_current_fiscal_year

company_cash_oku
1.040508647
old_holder_cash_received_oku
1.009067083
old_holder_shares_after
291637331.39855
eligible_shares_after
300724471.52152
company_equity_after_oku
21.735619126
capital_surplus_after_oku
14.155562971
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2031-09-05

payable_amount_oku
1.040508647
dps_gbp
0.346000657
old_shares_entitled_at_ex
291637331.39855
eligible_shares_at_ex
300724471.52152
event_id

bear-2031-04

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2031-10-02

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2031-09-04

ex_date_assumed_previous_unadjusted

2031-09-03

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2031-09-04

record_date_confirmed
未確認
payment_date_assumed

2031-10-02

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2031-09-04

2

2031-09-05

3

2031-10-02

first_revalidation_date_assumed

2031-09-04

display_review_required_when_event_executed_or_announced
はい
5
内容を開く
想定日

2031-10-15

year
4.93908282
event_type

corporate_buyback_cancel_pro_rata

company_cash_oku
0.145671211
old_holder_cash_received_oku
0.141269392
old_holder_shares_after
291283571.13062
eligible_shares_after
300359688.42223
company_equity_after_oku
21.774684429
capital_surplus_after_oku
14.194628274
basis

analyst_assumption

price_gbp_assumed
39.933651238
shares_cancelled
364783.09929602
old_cohort_shares_pro_rata_tendered
353760.26792808
treasury_delta
0
event_id

bear-2031-05

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2031-10-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

buyback_execution_date_assumed

2031-10-15

share_cancellation_effective_date_assumed

2031-10-15

corporate_cancellation_date_confirmed
未確認
revalidation_due_dates_assumed
1

2031-10-15

first_revalidation_date_assumed

2031-10-15

display_review_required_when_event_executed_or_announced
はい
6
内容を開く
想定日

2031-11-05

year
4.996577687
event_type

dividend_special_surplus_economic_capital

company_cash_oku
1.897419442
old_holder_cash_received_oku
1.84008418
old_holder_shares_after
291283571.13062
eligible_shares_after
300359688.42223
company_equity_after_oku
20.175685508
capital_surplus_after_oku
12.595629353
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2031-10-24

payable_amount_oku
1.897419442
dps_gbp
0.631715745
old_shares_entitled_at_ex
291283571.13062
eligible_shares_at_ex
300359688.42223
event_id

bear-2031-06

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2031-11-05

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2031-10-23

ex_date_assumed_previous_unadjusted

2031-10-22

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2031-10-23

record_date_confirmed
未確認
payment_date_assumed

2031-11-05

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2031-10-23

2

2031-10-24

3

2031-11-05

first_revalidation_date_assumed

2031-10-23

display_review_required_when_event_executed_or_announced
はい
insurance_service_result_oku
4.873334808
net_insurance_and_investment_result_oku
5.886292072
financial_services_net_interest_oku
1.125926618
net_other_income_and_expenses_with_model_adjustment_oku
-1.276002262
営業利益（億）
5.736216428
operating_profit_status

analyst_forecast_issuer_IFRS_operating_profit_presentation_analogue

operating_profit_display_label_ja

営業利益（IFRS連結損益計算書Operating profit準拠の予測）

operating_profit_is_PBT
いいえ
operating_profit_bridge_oku
内容を開く
ifrs17_insurance_revenue
53.123575046
insurance_service_expenses_including_sbc
-44.492998264
net_reinsurance_service_result
-3.757241974
insurance_service_result
4.873334808
investment_return
2.266344558
net_insurance_finance_result
-1.253387294
net_insurance_and_investment_result
5.886292072
financial_services_interest_income
2.144961468
financial_services_interest_expense
-1.01903485
net_financial_services_interest
1.125926618
other_revenue_and_profit_commission
2.607730478
other_operating_expenses_including_sbc
-3.931129359
other_operating_expenses_recovered_from_co_insurers
1.428111703
expected_credit_losses_and_writeoffs
-0.972715084
other_operating_before_model_adjustment
-0.868002262
unallocated_model_operating_adjustment_not_issuer_disclosure
-0.408
total_other_operating_income_and_expenses_after_adjustment
-1.276002262
operating_profit
5.736216428
net_finance_costs_below_operating_profit
-0.262486705
PBT_continuing_group_proxy
5.473729724
reconciliation_error_oku
-1.0E-9
SBC_annual_expense_already_included_in_op_costs
1.024798282
categorisation_note

Additional normalisation is assigned to other operating expenses for the purpose of matching original PBT. It is not a reported future statutory line.

6
内容を開く
year
2032
状態

analyst_assumption_2027_to_2036_not_company_forecast

segments_ifrs17_revenue_oku
内容を開く
UK_motor
33.97772875
UK_other_insurance
9.208163731
European_insurance
9.263681631
Other_insurance
1.650180274
ifrs17_insurance_revenue_oku
54.099754385
insurance_services_expenses_including_sbc_oku
-45.255319123
net_reinsurance_service_result_oku
-3.826283675
investment_return_oku
2.296238122
insurance_finance_result_oku
-1.271025831
financial_services_interest_income_oku
2.220035119
financial_services_interest_expense_oku
-1.05470107
other_revenue_and_profit_commission_oku
2.6586128
other_operating_expenses_including_sbc_oku
-4.02046986
other_operating_expenses_recoverable_from_co_insurers_oku
1.454354161
expected_credit_loss_and_writeoffs_oku
-1.006760112
finance_cost_net_oku
-0.269048873
normalized_nonrecurring_adjustment_oku
-0.408
operating_revenue_analytical_oku
58.978402304
net_expenses_after_investment_and_reinsurance_oku
53.361016262
pbt_parent_continuing_proxy_oku
5.617386042
income_tax_oku
-1.34817265
profit_after_tax_parent_sbc_deducted_oku
4.271213392
non_controlling_profit_estimate_oku
-0.002
sbc_pnl_included_in_costs_oku
1.05554223
sbc_equity_credit_oku
1.05554223
uk_motor_reported_loss_ratio_reference
0.599
uk_motor_core_combined_ratio_reference
0.828
uk_motor_vehicle_policies_m
5.77
uk_motor_annualized_written_premium_per_current_policy_gbp
711.335488894
uk_motor_total_premiums_written_oku
41.044057709
admiral_money_gross_loan_balance_oku
23.082956518
loan_ecl_cost_assumption_multiple
1.75
reinsurance_cost_assumption_multiple
1.13
detail_adjustments
内容を開く
uk_motor_claim_impact_oku
-1.35910915
reinsurance_net_oku
-3.826283675
credit_cost_oku
-1.006760112
normalization_ex_2026_one_off_oku
-0.408
date_start

2032-01-01

date_end_projection

2032-12-31

period_days_in_year
366
cutoff_capital_date

2032-12-31

forecast_after_horizon_not_realised_in_capital_oku
0
as_of_event_start
内容を開く
発行済株式数
303498223
自己株式数
0
ebt_unvested_shares_estimate
3138534.791
outside_trust_dividend_eligible_shares
300359688.422
old_cohort_remaining_shares
291283571.131
old_cohort_outside_share_fraction
0.969782505
親会社持分（億）
20.971473565
eligible_own_funds_proxy_oku
24.347397478
solvency_capital_requirement_proxy_oku
10.955980068
scr_surplus_oku
13.39141741
prudential_ratio_proxy
2.222292969
as_of_year_end_or_horizon
内容を開く
発行済株式数
303124991
自己株式数
0
ebt_unvested_shares_estimate
3177013.344
outside_trust_dividend_eligible_shares
299947977.45
old_cohort_remaining_shares
289033714.719
old_cohort_outside_share_fraction
0.963612814
親会社持分（億）
21.261363508
eligible_own_funds_proxy_oku
24.637287421
solvency_capital_requirement_proxy_oku
11.062485632
scr_surplus_oku
13.574801789
prudential_ratio_proxy
2.22710232
subperiod_realization_factor
1
realized_parent_profit_oku
4.271213392
realized_sbc_equity_credit_oku
1.05554223
sbc_pnl_allocated_to_insurance_expenses_oku
0.443327737
sbc_pnl_allocated_to_other_operating_expenses_oku
0.612214493
cash_capital_transfers
内容を開く
dividends_oku
4.106690635
ordinary_dividends_oku
2.108311995
special_dividend_oku
1.998378639
buyback_oku
0.149492469
ebt_acquisition_oku
0.780682575
new_outside_equity_raised_oku
0
old_holder_actual_cash_events_year_sum_oku
4.864824499
company_noncash_vested_shares
1910623.2910719
company_net_issued_share_change
-373232.41952593
company_treasury_share_change
0
employee_trust_share_change
38478.552638823
old_holder_equity_share_remaining
0.963612814
equity_reconciliation
内容を開く
opening_oku
20.971473565
profit_oku
4.271213392
share_scheme_credit_non_cash_oku
1.05554223
dividends_oku
-4.106690635
company_buyback_oku
-0.149492469
EBT_cash_acquisition_oku
-0.780682575
new_paid_in_capital_oku
0
closing_oku
21.261363508
share_reconciliation
内容を開く
issued_open
303498223
cancelled
-373232.41952593
third_party_new
0
issued_close
303124991
trust_open
3138534.791
trust_purchased
1949101.8437107
trust_vested
-1910623.2910719
trust_close
3177013.344
old_open
291283571.131
old_pro_rata_sold
2249856.412
old_close
289033714.719
solvency_valuation
内容を開く
eligible_ownfund_oku
24.637287421
scr_oku
11.062485632
surplus_over_scr_oku
13.574801789
headroom_to_160pct_scr_oku
6.93731041
ratio
2.22710232
event_details
内容を開く
1
内容を開く
想定日

2032-05-17

year
5.527720739
event_type

dividend_final_prior_fiscal_year

company_cash_oku
1.040508647
old_holder_cash_received_oku
1.009067083
old_holder_shares_after
291283571.13062
eligible_shares_after
300359688.42223
company_equity_after_oku
21.939413759
capital_surplus_after_oku
14.359357603
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2032-05-07

payable_amount_oku
1.040508647
dps_gbp
0.346420871
old_shares_entitled_at_ex
291283571.13062
eligible_shares_at_ex
300359688.42223
event_id

bear-2032-01

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2032-05-17

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2032-05-06

ex_date_assumed_previous_unadjusted

2032-05-03

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2032-05-04

record_date_confirmed
未確認
payment_date_assumed

2032-05-17

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2032-05-06

2

2032-05-07

3

2032-05-17

first_revalidation_date_assumed

2032-05-06

display_review_required_when_event_executed_or_announced
はい
2
内容を開く
想定日

2032-06-15

year
5.607118412
event_type

employee_trust_open_market_purchase

company_cash_oku
0.780682575
old_holder_cash_received_oku
0.757092304
old_holder_shares_after
289393366.26154
eligible_shares_after
298410586.57852
company_equity_after_oku
21.58079652
capital_surplus_after_oku
14.000740365
basis

analyst_assumption

price_per_share_gbp_assumed
40.053452191
shares_acquired_by_trust
1949101.8437107
old_cohort_pro_rata_shares_sold
1890204.8690877
non_cash_sbc_excluded
はい
event_id

bear-2032-02

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2032-06-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

trust_purchase_execution_date_assumed

2032-06-15

settlement_date_confirmed
未確認
revalidation_due_dates_assumed
1

2032-06-15

first_revalidation_date_assumed

2032-06-15

display_review_required_when_event_executed_or_announced
はい
3
内容を開く
想定日

2032-08-16

year
5.776865161
event_type

noncash_ebt_shares_vested_to_staff

company_cash_oku
0
old_holder_cash_received_oku
0
old_holder_shares_after
289393366.26154
eligible_shares_after
300321209.86959
company_equity_after_oku
22.4831431
capital_surplus_after_oku
14.903086945
basis

analyst_assumption

vested_shares
1910623.2910719
issued_change
0
old_cohort_shares_change
0
noncash_event_not_in_timed_cashflows
はい
event_id

bear-2032-03

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2032-08-16

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

award_vesting_and_share_delivery_date_assumed

2032-08-16

stock_delivery_date_confirmed
未確認
not_old_holder_cashflow
はい
revalidation_due_dates_assumed
1

2032-08-16

first_revalidation_date_assumed

2032-08-16

display_review_required_when_event_executed_or_announced
はい
4
内容を開く
想定日

2032-10-04

year
5.911019849
event_type

dividend_interim_current_fiscal_year

company_cash_oku
1.067803348
old_holder_cash_received_oku
1.028948989
old_holder_shares_after
289393366.26154
eligible_shares_after
300321209.86959
company_equity_after_oku
22.128484631
capital_surplus_after_oku
14.441922911
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2032-09-03

payable_amount_oku
1.067803348
dps_gbp
0.355553758
old_shares_entitled_at_ex
289393366.26154
eligible_shares_at_ex
300321209.86959
event_id

bear-2032-04

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2032-10-04

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2032-09-02

ex_date_assumed_previous_unadjusted

2032-09-03

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2032-09-06

record_date_confirmed
未確認
payment_date_assumed

2032-10-04

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2032-09-02

2

2032-09-03

3

2032-10-04

first_revalidation_date_assumed

2032-09-02

display_review_required_when_event_executed_or_announced
はい
5
内容を開く
想定日

2032-10-15

year
5.941136208
event_type

corporate_buyback_cancel_pro_rata

company_cash_oku
0.149492469
old_holder_cash_received_oku
0.144052859
old_holder_shares_after
289033714.71934
eligible_shares_after
299947977.45006
company_equity_after_oku
22.13908591
capital_surplus_after_oku
14.452524191
basis

analyst_assumption

price_gbp_assumed
40.053452191
shares_cancelled
373232.41952593
old_cohort_shares_pro_rata_tendered
359651.5421986
treasury_delta
0
event_id

bear-2032-05

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2032-10-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

buyback_execution_date_assumed

2032-10-15

share_cancellation_effective_date_assumed

2032-10-15

corporate_cancellation_date_confirmed
未確認
revalidation_due_dates_assumed
1

2032-10-15

first_revalidation_date_assumed

2032-10-15

display_review_required_when_event_executed_or_announced
はい
6
内容を開く
想定日

2032-11-05

year
5.998631075
event_type

dividend_special_surplus_economic_capital

company_cash_oku
1.998378639
old_holder_cash_received_oku
1.925663265
old_holder_shares_after
289033714.71934
eligible_shares_after
299947977.45006
company_equity_after_oku
20.44634079
capital_surplus_after_oku
12.759779071
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2032-10-22

payable_amount_oku
1.998378639
dps_gbp
0.666241745
old_shares_entitled_at_ex
289033714.71934
eligible_shares_at_ex
299947977.45006
event_id

bear-2032-06

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2032-11-05

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2032-10-21

ex_date_assumed_previous_unadjusted

2032-10-22

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2032-10-25

record_date_confirmed
未確認
payment_date_assumed

2032-11-05

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2032-10-21

2

2032-10-22

3

2032-11-05

first_revalidation_date_assumed

2032-10-21

display_review_required_when_event_executed_or_announced
はい
insurance_service_result_oku
5.018151587
net_insurance_and_investment_result_oku
6.043363878
financial_services_net_interest_oku
1.165334049
net_other_income_and_expenses_with_model_adjustment_oku
-1.322263011
営業利益（億）
5.886434916
operating_profit_status

analyst_forecast_issuer_IFRS_operating_profit_presentation_analogue

operating_profit_display_label_ja

営業利益（IFRS連結損益計算書Operating profit準拠の予測）

operating_profit_is_PBT
いいえ
operating_profit_bridge_oku
内容を開く
ifrs17_insurance_revenue
54.099754385
insurance_service_expenses_including_sbc
-45.255319123
net_reinsurance_service_result
-3.826283675
insurance_service_result
5.018151587
investment_return
2.296238122
net_insurance_finance_result
-1.271025831
net_insurance_and_investment_result
6.043363878
financial_services_interest_income
2.220035119
financial_services_interest_expense
-1.05470107
net_financial_services_interest
1.165334049
other_revenue_and_profit_commission
2.6586128
other_operating_expenses_including_sbc
-4.02046986
other_operating_expenses_recovered_from_co_insurers
1.454354161
expected_credit_losses_and_writeoffs
-1.006760112
other_operating_before_model_adjustment
-0.914263011
unallocated_model_operating_adjustment_not_issuer_disclosure
-0.408
total_other_operating_income_and_expenses_after_adjustment
-1.322263011
operating_profit
5.886434916
net_finance_costs_below_operating_profit
-0.269048873
PBT_continuing_group_proxy
5.617386042
reconciliation_error_oku
1.0E-9
SBC_annual_expense_already_included_in_op_costs
1.05554223
categorisation_note

Additional normalisation is assigned to other operating expenses for the purpose of matching original PBT. It is not a reported future statutory line.

7
内容を開く
year
2033
状態

analyst_assumption_2027_to_2036_not_company_forecast

segments_ifrs17_revenue_oku
内容を開く
UK_motor
34.147617394
UK_other_insurance
9.532751503
European_insurance
9.731729145
Other_insurance
1.699685682
ifrs17_insurance_revenue_oku
55.111783723
insurance_services_expenses_including_sbc_oku
-46.050334851
net_reinsurance_service_result_oku
-3.897860919
investment_return_oku
2.327229521
insurance_finance_result_oku
-1.28931214
financial_services_interest_income_oku
2.297736349
financial_services_interest_expense_oku
-1.091615607
other_revenue_and_profit_commission_oku
2.711363765
other_operating_expenses_including_sbc_oku
-4.113009636
other_operating_expenses_recoverable_from_co_insurers_oku
1.481560367
expected_credit_loss_and_writeoffs_oku
-1.041996716
finance_cost_net_oku
-0.275775095
normalized_nonrecurring_adjustment_oku
-0.408
operating_revenue_analytical_oku
60.120883836
net_expenses_after_investment_and_reinsurance_oku
54.359115077
pbt_parent_continuing_proxy_oku
5.76176876
income_tax_oku
-1.382824502
profit_after_tax_parent_sbc_deducted_oku
4.380944257
non_controlling_profit_estimate_oku
-0.002
sbc_pnl_included_in_costs_oku
1.087208497
sbc_equity_credit_oku
1.087208497
uk_motor_reported_loss_ratio_reference
0.594
uk_motor_core_combined_ratio_reference
0.823
uk_motor_vehicle_policies_m
5.77
uk_motor_annualized_written_premium_per_current_policy_gbp
714.892166339
uk_motor_total_premiums_written_oku
41.249277998
admiral_money_gross_loan_balance_oku
23.890859996
loan_ecl_cost_assumption_multiple
1.75
reinsurance_cost_assumption_multiple
1.13
detail_adjustments
内容を開く
uk_motor_claim_impact_oku
-1.195166609
reinsurance_net_oku
-3.897860919
credit_cost_oku
-1.041996716
normalization_ex_2026_one_off_oku
-0.408
date_start

2033-01-01

date_end_projection

2033-12-31

period_days_in_year
365
cutoff_capital_date

2033-12-31

forecast_after_horizon_not_realised_in_capital_oku
0
as_of_event_start
内容を開く
発行済株式数
303124991
自己株式数
0
ebt_unvested_shares_estimate
3177013.344
outside_trust_dividend_eligible_shares
299947977.45
old_cohort_remaining_shares
289033714.719
old_cohort_outside_share_fraction
0.963612814
親会社持分（億）
21.261363508
eligible_own_funds_proxy_oku
24.637287421
solvency_capital_requirement_proxy_oku
11.062485632
scr_surplus_oku
13.574801789
prudential_ratio_proxy
2.22710232
as_of_year_end_or_horizon
内容を開く
発行済株式数
302743315
自己株式数
0
ebt_unvested_shares_estimate
3241146.218
outside_trust_dividend_eligible_shares
299502168.547
old_cohort_remaining_shares
286743304.622
old_cohort_outside_share_fraction
0.957399761
親会社持分（億）
21.527418482
eligible_own_funds_proxy_oku
24.903342395
solvency_capital_requirement_proxy_oku
11.172827482
scr_surplus_oku
13.730514914
prudential_ratio_proxy
2.228920337
subperiod_realization_factor
1
realized_parent_profit_oku
4.380944257
realized_sbc_equity_credit_oku
1.087208497
sbc_pnl_allocated_to_insurance_expenses_oku
0.456627569
sbc_pnl_allocated_to_other_operating_expenses_oku
0.630580928
cash_capital_transfers
内容を開く
dividends_oku
4.246223044
ordinary_dividends_oku
2.163039412
special_dividend_oku
2.083183632
buyback_oku
0.153333049
ebt_acquisition_oku
0.802541687
new_outside_equity_raised_oku
0
old_holder_actual_cash_events_year_sum_oku
4.992107726
company_noncash_vested_shares
1933550.7705648
company_net_issued_share_change
-381676.02882712
company_treasury_share_change
0
employee_trust_share_change
64132.873836657
old_holder_equity_share_remaining
0.957399761
equity_reconciliation
内容を開く
opening_oku
21.261363508
profit_oku
4.380944257
share_scheme_credit_non_cash_oku
1.087208497
dividends_oku
-4.246223044
company_buyback_oku
-0.153333049
EBT_cash_acquisition_oku
-0.802541687
new_paid_in_capital_oku
0
closing_oku
21.527418482
share_reconciliation
内容を開く
issued_open
303124991
cancelled
-381676.02882712
third_party_new
0
issued_close
302743315
trust_open
3177013.344
trust_purchased
1997683.6444014
trust_vested
-1933550.7705648
trust_close
3241146.218
old_open
289033714.719
old_pro_rata_sold
2290410.097
old_close
286743304.622
solvency_valuation
内容を開く
eligible_ownfund_oku
24.903342395
scr_oku
11.172827482
surplus_over_scr_oku
13.730514914
headroom_to_160pct_scr_oku
7.026818425
ratio
2.228920337
event_details
内容を開く
1
内容を開く
想定日

2033-05-16

year
6.524298426
event_type

dividend_final_prior_fiscal_year

company_cash_oku
1.067803348
old_holder_cash_received_oku
1.028948989
old_holder_shares_after
289033714.71934
eligible_shares_after
299947977.45006
company_equity_after_oku
22.231008858
capital_surplus_after_oku
14.544447139
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2033-05-06

payable_amount_oku
1.067803348
dps_gbp
0.355996182
old_shares_entitled_at_ex
289033714.71934
eligible_shares_at_ex
299947977.45006
event_id

bear-2033-01

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2033-05-16

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2033-05-05

ex_date_assumed_previous_unadjusted

2033-05-02

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2033-05-03

record_date_confirmed
未確認
payment_date_assumed

2033-05-16

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2033-05-05

2

2033-05-06

3

2033-05-16

first_revalidation_date_assumed

2033-05-05

display_review_required_when_event_executed_or_announced
はい
2
内容を開く
想定日

2033-06-15

year
6.606433949
event_type

employee_trust_open_market_purchase

company_cash_oku
0.802541687
old_holder_cash_received_oku
0.773339454
old_holder_shares_after
287108721.16051
eligible_shares_after
297950293.80566
company_equity_after_oku
21.877904383
capital_surplus_after_oku
14.191342664
basis

analyst_assumption

price_per_share_gbp_assumed
40.173612548
shares_acquired_by_trust
1997683.6444014
old_cohort_pro_rata_shares_sold
1924993.5588298
non_cash_sbc_excluded
はい
event_id

bear-2033-02

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2033-06-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

trust_purchase_execution_date_assumed

2033-06-15

settlement_date_confirmed
未確認
revalidation_due_dates_assumed
1

2033-06-15

first_revalidation_date_assumed

2033-06-15

display_review_required_when_event_executed_or_announced
はい
3
内容を開く
想定日

2033-08-15

year
6.773442847
event_type

noncash_ebt_shares_vested_to_staff

company_cash_oku
0
old_holder_cash_received_oku
0
old_holder_shares_after
287108721.16051
eligible_shares_after
299883844.57622
company_equity_after_oku
22.791760049
capital_surplus_after_oku
15.10519833
basis

analyst_assumption

vested_shares
1933550.7705648
issued_change
0
old_cohort_shares_change
0
noncash_event_not_in_timed_cashflows
はい
event_id

bear-2033-03

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2033-08-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

award_vesting_and_share_delivery_date_assumed

2033-08-15

stock_delivery_date_confirmed
未確認
not_old_holder_cashflow
はい
revalidation_due_dates_assumed
1

2033-08-15

first_revalidation_date_assumed

2033-08-15

display_review_required_when_event_executed_or_announced
はい
4
内容を開く
想定日

2033-10-03

year
6.907597536
event_type

dividend_interim_current_fiscal_year

company_cash_oku
1.095236064
old_holder_cash_received_oku
1.048578746
old_holder_shares_after
287108721.16051
eligible_shares_after
299883844.57622
company_equity_after_oku
22.430604766
capital_surplus_after_oku
14.633701197
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2033-09-09

payable_amount_oku
1.095236064
dps_gbp
0.365220096
old_shares_entitled_at_ex
287108721.16051
eligible_shares_at_ex
299883844.57622
event_id

bear-2033-04

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2033-10-03

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2033-09-08

ex_date_assumed_previous_unadjusted

2033-09-05

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2033-09-06

record_date_confirmed
未確認
payment_date_assumed

2033-10-03

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2033-09-08

2

2033-09-09

3

2033-10-03

first_revalidation_date_assumed

2033-09-08

display_review_required_when_event_executed_or_announced
はい
5
内容を開く
想定日

2033-10-17

year
6.945927447
event_type

corporate_buyback_cancel_pro_rata

company_cash_oku
0.153333049
old_holder_cash_received_oku
0.146801024
old_holder_shares_after
286743304.62168
eligible_shares_after
299502168.5474
company_equity_after_oku
22.487009083
capital_surplus_after_oku
14.690105514
basis

analyst_assumption

price_gbp_assumed
40.173612548
shares_cancelled
381676.02882712
old_cohort_shares_pro_rata_tendered
365416.53882365
treasury_delta
0
event_id

bear-2033-05

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2033-10-17

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

buyback_execution_date_assumed

2033-10-17

share_cancellation_effective_date_assumed

2033-10-17

corporate_cancellation_date_confirmed
未確認
revalidation_due_dates_assumed
1

2033-10-17

first_revalidation_date_assumed

2033-10-17

display_review_required_when_event_executed_or_announced
はい
6
内容を開く
想定日

2033-11-07

year
7.003422313
event_type

dividend_special_surplus_economic_capital

company_cash_oku
2.083183632
old_holder_cash_received_oku
1.994439512
old_holder_shares_after
286743304.62168
eligible_shares_after
299502168.5474
company_equity_after_oku
20.718431499
capital_surplus_after_oku
12.921527931
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2033-10-28

payable_amount_oku
2.083183632
dps_gbp
0.695548764
old_shares_entitled_at_ex
286743304.62168
eligible_shares_at_ex
299502168.5474
event_id

bear-2033-06

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2033-11-07

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2033-10-27

ex_date_assumed_previous_unadjusted

2033-10-24

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2033-10-25

record_date_confirmed
未確認
payment_date_assumed

2033-11-07

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2033-10-27

2

2033-10-28

3

2033-11-07

first_revalidation_date_assumed

2033-10-27

display_review_required_when_event_executed_or_announced
はい
insurance_service_result_oku
5.163587953
net_insurance_and_investment_result_oku
6.201505334
financial_services_net_interest_oku
1.206120742
net_other_income_and_expenses_with_model_adjustment_oku
-1.37008222
営業利益（億）
6.037543856
operating_profit_status

analyst_forecast_issuer_IFRS_operating_profit_presentation_analogue

operating_profit_display_label_ja

営業利益（IFRS連結損益計算書Operating profit準拠の予測）

operating_profit_is_PBT
いいえ
operating_profit_bridge_oku
内容を開く
ifrs17_insurance_revenue
55.111783723
insurance_service_expenses_including_sbc
-46.050334851
net_reinsurance_service_result
-3.897860919
insurance_service_result
5.163587953
investment_return
2.327229521
net_insurance_finance_result
-1.28931214
net_insurance_and_investment_result
6.201505334
financial_services_interest_income
2.297736349
financial_services_interest_expense
-1.091615607
net_financial_services_interest
1.206120742
other_revenue_and_profit_commission
2.711363765
other_operating_expenses_including_sbc
-4.113009636
other_operating_expenses_recovered_from_co_insurers
1.481560367
expected_credit_losses_and_writeoffs
-1.041996716
other_operating_before_model_adjustment
-0.96208222
unallocated_model_operating_adjustment_not_issuer_disclosure
-0.408
total_other_operating_income_and_expenses_after_adjustment
-1.37008222
operating_profit
6.037543856
net_finance_costs_below_operating_profit
-0.275775095
PBT_continuing_group_proxy
5.76176876
reconciliation_error_oku
1.0E-9
SBC_annual_expense_already_included_in_op_costs
1.087208497
categorisation_note

Additional normalisation is assigned to other operating expenses for the purpose of matching original PBT. It is not a reported future statutory line.

8
内容を開く
year
2034
状態

analyst_assumption_2027_to_2036_not_company_forecast

segments_ifrs17_revenue_oku
内容を開く
UK_motor
34.31835548
UK_other_insurance
9.868780993
European_insurance
10.22342476
Other_insurance
1.750676252
ifrs17_insurance_revenue_oku
56.161237486
insurance_services_expenses_including_sbc_oku
-46.879598942
net_reinsurance_service_result_oku
-3.97208506
investment_return_oku
2.35936697
insurance_finance_result_oku
-1.308274669
financial_services_interest_income_oku
2.378157121
financial_services_interest_expense_oku
-1.129822154
other_revenue_and_profit_commission_oku
2.766065438
other_operating_expenses_including_sbc_oku
-4.208886656
other_operating_expenses_recoverable_from_co_insurers_oku
1.509772647
expected_credit_loss_and_writeoffs_oku
-1.078466601
finance_cost_net_oku
-0.282669472
normalized_nonrecurring_adjustment_oku
-0.408
operating_revenue_analytical_oku
61.305460045
net_expenses_after_investment_and_reinsurance_oku
55.398663938
pbt_parent_continuing_proxy_oku
5.906796108
income_tax_oku
-1.417631066
profit_after_tax_parent_sbc_deducted_oku
4.491165042
non_controlling_profit_estimate_oku
-0.002
sbc_pnl_included_in_costs_oku
1.119824752
sbc_equity_credit_oku
1.119824752
uk_motor_reported_loss_ratio_reference
0.589
uk_motor_core_combined_ratio_reference
0.818
uk_motor_vehicle_policies_m
5.77
uk_motor_annualized_written_premium_per_current_policy_gbp
718.46662717
uk_motor_total_premiums_written_oku
41.455524388
admiral_money_gross_loan_balance_oku
24.727040096
loan_ecl_cost_assumption_multiple
1.75
reinsurance_cost_assumption_multiple
1.13
detail_adjustments
内容を開く
uk_motor_claim_impact_oku
-1.029550664
reinsurance_net_oku
-3.97208506
credit_cost_oku
-1.078466601
normalization_ex_2026_one_off_oku
-0.408
date_start

2034-01-01

date_end_projection

2034-12-31

period_days_in_year
365
cutoff_capital_date

2034-12-31

forecast_after_horizon_not_realised_in_capital_oku
0
as_of_event_start
内容を開く
発行済株式数
302743315
自己株式数
0
ebt_unvested_shares_estimate
3241146.218
outside_trust_dividend_eligible_shares
299502168.547
old_cohort_remaining_shares
286743304.622
old_cohort_outside_share_fraction
0.957399761
親会社持分（億）
21.527418482
eligible_own_funds_proxy_oku
24.903342395
solvency_capital_requirement_proxy_oku
11.172827482
scr_surplus_oku
13.730514914
prudential_ratio_proxy
2.228920337
as_of_year_end_or_horizon
内容を開く
発行済株式数
302353206
自己株式数
0
ebt_unvested_shares_estimate
3331869.195
outside_trust_dividend_eligible_shares
299021337.226
old_cohort_remaining_shares
284412002.49
old_cohort_outside_share_fraction
0.951142835
親会社持分（億）
21.820171431
eligible_own_funds_proxy_oku
25.196095344
solvency_capital_requirement_proxy_oku
11.287160503
scr_surplus_oku
13.908934841
prudential_ratio_proxy
2.232279353
subperiod_realization_factor
1
realized_parent_profit_oku
4.491165042
realized_sbc_equity_credit_oku
1.119824752
sbc_pnl_allocated_to_insurance_expenses_oku
0.470326396
sbc_pnl_allocated_to_other_operating_expenses_oku
0.649498356
cash_capital_transfers
内容を開く
dividends_oku
4.336033214
ordinary_dividends_oku
2.218027325
special_dividend_oku
2.118005889
buyback_oku
0.157190776
ebt_acquisition_oku
0.825012854
new_outside_equity_raised_oku
0
old_holder_actual_cash_events_year_sum_oku
5.070417726
company_noncash_vested_shares
1956753.3798115
company_net_issued_share_change
-390108.34394943
company_treasury_share_change
0
employee_trust_share_change
90722.977561001
old_holder_equity_share_remaining
0.951142835
equity_reconciliation
内容を開く
opening_oku
21.527418482
profit_oku
4.491165042
share_scheme_credit_non_cash_oku
1.119824752
dividends_oku
-4.336033214
company_buyback_oku
-0.157190776
EBT_cash_acquisition_oku
-0.825012854
new_paid_in_capital_oku
0
closing_oku
21.820171431
share_reconciliation
内容を開く
issued_open
302743315
cancelled
-390108.34394943
third_party_new
0
issued_close
302353206
trust_open
3241146.218
trust_purchased
2047476.3573725
trust_vested
-1956753.3798115
trust_close
3331869.195
old_open
286743304.622
old_pro_rata_sold
2331302.132
old_close
284412002.49
solvency_valuation
内容を開く
eligible_ownfund_oku
25.196095344
scr_oku
11.287160503
surplus_over_scr_oku
13.908934841
headroom_to_160pct_scr_oku
7.13663854
ratio
2.232279353
event_details
内容を開く
1
内容を開く
想定日

2034-05-15

year
7.520876112
event_type

dividend_final_prior_fiscal_year

company_cash_oku
1.095236064
old_holder_cash_received_oku
1.048578746
old_holder_shares_after
286743304.62168
eligible_shares_after
299502168.5474
company_equity_after_oku
22.507480013
capital_surplus_after_oku
14.710576444
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2034-05-05

payable_amount_oku
1.095236064
dps_gbp
0.365685521
old_shares_entitled_at_ex
286743304.62168
eligible_shares_at_ex
299502168.5474
event_id

bear-2034-01

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2034-05-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2034-05-04

ex_date_assumed_previous_unadjusted

2034-05-01

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2034-05-02

record_date_confirmed
未確認
payment_date_assumed

2034-05-15

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2034-05-04

2

2034-05-05

3

2034-05-15

first_revalidation_date_assumed

2034-05-04

display_review_required_when_event_executed_or_announced
はい
2
内容を開く
想定日

2034-06-15

year
7.605749487
event_type

employee_trust_open_market_purchase

company_cash_oku
0.825012854
old_holder_cash_received_oku
0.78986711
old_holder_shares_after
284783051.24624
eligible_shares_after
297454692.19003
company_equity_after_oku
22.159016976
capital_surplus_after_oku
14.362113408
basis

analyst_assumption

price_per_share_gbp_assumed
40.294133386
shares_acquired_by_trust
2047476.3573725
old_cohort_pro_rata_shares_sold
1960253.3754438
non_cash_sbc_excluded
はい
event_id

bear-2034-02

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2034-06-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

trust_purchase_execution_date_assumed

2034-06-15

settlement_date_confirmed
未確認
revalidation_due_dates_assumed
1

2034-06-15

first_revalidation_date_assumed

2034-06-15

display_review_required_when_event_executed_or_announced
はい
3
内容を開く
想定日

2034-08-15

year
7.772758385
event_type

noncash_ebt_shares_vested_to_staff

company_cash_oku
0
old_holder_cash_received_oku
0
old_holder_shares_after
284783051.24624
eligible_shares_after
299411445.56984
company_equity_after_oku
23.096744038
capital_surplus_after_oku
15.299840469
basis

analyst_assumption

vested_shares
1956753.3798115
issued_change
0
old_cohort_shares_change
0
noncash_event_not_in_timed_cashflows
はい
event_id

bear-2034-03

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2034-08-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

award_vesting_and_share_delivery_date_assumed

2034-08-15

stock_delivery_date_confirmed
未確認
not_old_holder_cashflow
はい
revalidation_due_dates_assumed
1

2034-08-15

first_revalidation_date_assumed

2034-08-15

display_review_required_when_event_executed_or_announced
はい
4
内容を開く
想定日

2034-10-02

year
7.904175222
event_type

dividend_interim_current_fiscal_year

company_cash_oku
1.12279126
old_holder_cash_received_oku
1.067934863
old_holder_shares_after
284783051.24624
eligible_shares_after
299411445.56984
company_equity_after_oku
22.711836367
capital_surplus_after_oku
14.800599777
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2034-09-08

payable_amount_oku
1.12279126
dps_gbp
0.374999445
old_shares_entitled_at_ex
284783051.24624
eligible_shares_at_ex
299411445.56984
event_id

bear-2034-04

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2034-10-02

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2034-09-07

ex_date_assumed_previous_unadjusted

2034-09-04

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2034-09-05

record_date_confirmed
未確認
payment_date_assumed

2034-10-02

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2034-09-07

2

2034-09-08

3

2034-10-02

first_revalidation_date_assumed

2034-09-07

display_review_required_when_event_executed_or_announced
はい
5
内容を開く
想定日

2034-10-16

year
7.942505133
event_type

corporate_buyback_cancel_pro_rata

company_cash_oku
0.157190776
old_holder_cash_received_oku
0.149510881
old_holder_shares_after
284412002.48992
eligible_shares_after
299021337.22589
company_equity_after_oku
22.769861637
capital_surplus_after_oku
14.858625047
basis

analyst_assumption

price_gbp_assumed
40.294133386
shares_cancelled
390108.34394943
old_cohort_shares_pro_rata_tendered
371048.75631959
treasury_delta
0
event_id

bear-2034-05

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2034-10-16

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

buyback_execution_date_assumed

2034-10-16

share_cancellation_effective_date_assumed

2034-10-16

corporate_cancellation_date_confirmed
未確認
revalidation_due_dates_assumed
1

2034-10-16

first_revalidation_date_assumed

2034-10-16

display_review_required_when_event_executed_or_announced
はい
6
内容を開く
想定日

2034-11-06

year
8
event_type

dividend_special_surplus_economic_capital

company_cash_oku
2.118005889
old_holder_cash_received_oku
2.014526126
old_holder_shares_after
284412002.48992
eligible_shares_after
299021337.22589
company_equity_after_oku
20.974679819
capital_surplus_after_oku
13.063443229
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2034-10-27

payable_amount_oku
2.118005889
dps_gbp
0.708312627
old_shares_entitled_at_ex
284412002.48992
eligible_shares_at_ex
299021337.22589
event_id

bear-2034-06

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2034-11-06

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2034-10-26

ex_date_assumed_previous_unadjusted

2034-10-23

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2034-10-24

record_date_confirmed
未確認
payment_date_assumed

2034-11-06

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2034-10-26

2

2034-10-27

3

2034-11-06

first_revalidation_date_assumed

2034-10-26

display_review_required_when_event_executed_or_announced
はい
insurance_service_result_oku
5.309553484
net_insurance_and_investment_result_oku
6.360645785
financial_services_net_interest_oku
1.248334967
net_other_income_and_expenses_with_model_adjustment_oku
-1.419515172
営業利益（億）
6.18946558
operating_profit_status

analyst_forecast_issuer_IFRS_operating_profit_presentation_analogue

operating_profit_display_label_ja

営業利益（IFRS連結損益計算書Operating profit準拠の予測）

operating_profit_is_PBT
いいえ
operating_profit_bridge_oku
内容を開く
ifrs17_insurance_revenue
56.161237486
insurance_service_expenses_including_sbc
-46.879598942
net_reinsurance_service_result
-3.97208506
insurance_service_result
5.309553484
investment_return
2.35936697
net_insurance_finance_result
-1.308274669
net_insurance_and_investment_result
6.360645785
financial_services_interest_income
2.378157121
financial_services_interest_expense
-1.129822154
net_financial_services_interest
1.248334967
other_revenue_and_profit_commission
2.766065438
other_operating_expenses_including_sbc
-4.208886656
other_operating_expenses_recovered_from_co_insurers
1.509772647
expected_credit_losses_and_writeoffs
-1.078466601
other_operating_before_model_adjustment
-1.011515172
unallocated_model_operating_adjustment_not_issuer_disclosure
-0.408
total_other_operating_income_and_expenses_after_adjustment
-1.419515172
operating_profit
6.18946558
net_finance_costs_below_operating_profit
-0.282669472
PBT_continuing_group_proxy
5.906796108
reconciliation_error_oku
0
SBC_annual_expense_already_included_in_op_costs
1.119824752
categorisation_note

Additional normalisation is assigned to other operating expenses for the purpose of matching original PBT. It is not a reported future statutory line.

9
内容を開く
year
2035
状態

analyst_assumption_2027_to_2036_not_company_forecast

segments_ifrs17_revenue_oku
内容を開く
UK_motor
34.489947258
UK_other_insurance
10.216655523
European_insurance
10.739963296
Other_insurance
1.80319654
ifrs17_insurance_revenue_oku
57.249762617
insurance_services_expenses_including_sbc_oku
-47.74474084
net_reinsurance_service_result_oku
-4.049072581
investment_return_oku
2.392700902
insurance_finance_result_oku
-1.327943176
financial_services_interest_income_oku
2.46139262
financial_services_interest_expense_oku
-1.169365929
other_revenue_and_profit_commission_oku
2.822803666
other_operating_expenses_including_sbc_oku
-4.30824531
other_operating_expenses_recoverable_from_co_insurers_oku
1.539035277
expected_credit_loss_and_writeoffs_oku
-1.116212932
finance_cost_net_oku
-0.289736209
normalized_nonrecurring_adjustment_oku
-0.408
operating_revenue_analytical_oku
62.533958903
net_expenses_after_investment_and_reinsurance_oku
56.481580799
pbt_parent_continuing_proxy_oku
6.052378103
income_tax_oku
-1.452570745
profit_after_tax_parent_sbc_deducted_oku
4.601807359
non_controlling_profit_estimate_oku
-0.002
sbc_pnl_included_in_costs_oku
1.153419495
sbc_equity_credit_oku
1.153419495
uk_motor_reported_loss_ratio_reference
0.584
uk_motor_core_combined_ratio_reference
0.813
uk_motor_vehicle_policies_m
5.77
uk_motor_annualized_written_premium_per_current_policy_gbp
722.058960306
uk_motor_total_premiums_written_oku
41.66280201
admiral_money_gross_loan_balance_oku
25.592486499
loan_ecl_cost_assumption_multiple
1.75
reinsurance_cost_assumption_multiple
1.13
detail_adjustments
内容を開く
uk_motor_claim_impact_oku
-0.862248681
reinsurance_net_oku
-4.049072581
credit_cost_oku
-1.116212932
normalization_ex_2026_one_off_oku
-0.408
date_start

2035-01-01

date_end_projection

2035-12-31

period_days_in_year
365
cutoff_capital_date

2035-12-31

forecast_after_horizon_not_realised_in_capital_oku
0
as_of_event_start
内容を開く
発行済株式数
302353206
自己株式数
0
ebt_unvested_shares_estimate
3331869.195
outside_trust_dividend_eligible_shares
299021337.226
old_cohort_remaining_shares
284412002.49
old_cohort_outside_share_fraction
0.951142835
親会社持分（億）
21.820171431
eligible_own_funds_proxy_oku
25.196095344
solvency_capital_requirement_proxy_oku
11.287160503
scr_surplus_oku
13.908934841
prudential_ratio_proxy
2.232279353
as_of_year_end_or_horizon
内容を開く
発行済株式数
301954683
自己株式数
0
ebt_unvested_shares_estimate
3450144.94
outside_trust_dividend_eligible_shares
298504538.174
old_cohort_remaining_shares
282039478.219
old_cohort_outside_share_fraction
0.944841509
親会社持分（億）
22.128140282
eligible_own_funds_proxy_oku
25.504064195
solvency_capital_requirement_proxy_oku
11.405646128
scr_surplus_oku
14.098418067
prudential_ratio_proxy
2.236091135
subperiod_realization_factor
1
realized_parent_profit_oku
4.601807359
realized_sbc_equity_credit_oku
1.153419495
sbc_pnl_allocated_to_insurance_expenses_oku
0.484436188
sbc_pnl_allocated_to_other_operating_expenses_oku
0.668983307
cash_capital_transfers
内容を開く
dividends_oku
4.438081531
ordinary_dividends_oku
2.2732431
special_dividend_oku
2.164838431
buyback_oku
0.161063258
ebt_acquisition_oku
0.848113214
new_outside_equity_raised_oku
0
old_holder_actual_cash_events_year_sum_oku
5.159214782
company_noncash_vested_shares
1980234.4203693
company_net_issued_share_change
-398523.30728852
company_treasury_share_change
0
employee_trust_share_change
118275.74451504
old_holder_equity_share_remaining
0.944841509
equity_reconciliation
内容を開く
opening_oku
21.820171431
profit_oku
4.601807359
share_scheme_credit_non_cash_oku
1.153419495
dividends_oku
-4.438081531
company_buyback_oku
-0.161063258
EBT_cash_acquisition_oku
-0.848113214
new_paid_in_capital_oku
0
closing_oku
22.128140282
share_reconciliation
内容を開く
issued_open
302353206
cancelled
-398523.30728852
third_party_new
0
issued_close
301954683
trust_open
3331869.195
trust_purchased
2098510.1648843
trust_vested
-1980234.4203693
trust_close
3450144.94
old_open
284412002.49
old_pro_rata_sold
2372524.271
old_close
282039478.219
solvency_valuation
内容を開く
eligible_ownfund_oku
25.504064195
scr_oku
11.405646128
surplus_over_scr_oku
14.098418067
headroom_to_160pct_scr_oku
7.25503039
ratio
2.236091135
event_details
内容を開く
1
内容を開く
想定日

2035-05-15

year
8.52019165
event_type

dividend_final_prior_fiscal_year

company_cash_oku
1.12279126
old_holder_cash_received_oku
1.067934863
old_holder_shares_after
284412002.48992
eligible_shares_after
299021337.22589
company_equity_after_oku
22.826025719
capital_surplus_after_oku
14.914789129
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2035-05-04

payable_amount_oku
1.12279126
dps_gbp
0.375488676
old_shares_entitled_at_ex
284412002.48992
eligible_shares_at_ex
299021337.22589
event_id

bear-2035-01

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2035-05-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2035-05-03

ex_date_assumed_previous_unadjusted

2035-05-01

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2035-05-02

record_date_confirmed
未確認
payment_date_assumed

2035-05-15

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2035-05-03

2

2035-05-04

3

2035-05-15

first_revalidation_date_assumed

2035-05-03

display_review_required_when_event_executed_or_announced
はい
2
内容を開く
想定日

2035-06-15

year
8.605065024
event_type

employee_trust_open_market_purchase

company_cash_oku
0.848113214
old_holder_cash_received_oku
0.806676807
old_holder_shares_after
282416019.58189
eligible_shares_after
296922827.061
company_equity_after_oku
22.466712594
capital_surplus_after_oku
14.555476004
basis

analyst_assumption

price_per_share_gbp_assumed
40.415015786
shares_acquired_by_trust
2098510.1648843
old_cohort_pro_rata_shares_sold
1995982.9080335
non_cash_sbc_excluded
はい
event_id

bear-2035-02

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2035-06-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

trust_purchase_execution_date_assumed

2035-06-15

settlement_date_confirmed
未確認
revalidation_due_dates_assumed
1

2035-06-15

first_revalidation_date_assumed

2035-06-15

display_review_required_when_event_executed_or_announced
はい
3
内容を開く
想定日

2035-08-15

year
8.772073922
event_type

noncash_ebt_shares_vested_to_staff

company_cash_oku
0
old_holder_cash_received_oku
0
old_holder_shares_after
282416019.58189
eligible_shares_after
298903061.48137
company_equity_after_oku
23.428545027
capital_surplus_after_oku
15.517308437
basis

analyst_assumption

vested_shares
1980234.4203693
issued_change
0
old_cohort_shares_change
0
noncash_event_not_in_timed_cashflows
はい
event_id

bear-2035-03

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2035-08-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

award_vesting_and_share_delivery_date_assumed

2035-08-15

stock_delivery_date_confirmed
未確認
not_old_holder_cashflow
はい
revalidation_due_dates_assumed
1

2035-08-15

first_revalidation_date_assumed

2035-08-15

display_review_required_when_event_executed_or_announced
はい
4
内容を開く
想定日

2035-10-02

year
8.90349076
event_type

dividend_interim_current_fiscal_year

company_cash_oku
1.15045184
old_holder_cash_received_oku
1.086994652
old_holder_shares_after
282416019.58189
eligible_shares_after
298903061.48137
company_equity_after_oku
23.034944938
capital_surplus_after_oku
15.005222723
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2035-09-07

payable_amount_oku
1.15045184
dps_gbp
0.384891287
old_shares_entitled_at_ex
282416019.58189
eligible_shares_at_ex
298903061.48137
event_id

bear-2035-04

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2035-10-02

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2035-09-06

ex_date_assumed_previous_unadjusted

2035-09-03

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2035-09-04

record_date_confirmed
未確認
payment_date_assumed

2035-10-02

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2035-09-06

2

2035-09-07

3

2035-10-02

first_revalidation_date_assumed

2035-09-06

display_review_required_when_event_executed_or_announced
はい
5
内容を開く
想定日

2035-10-15

year
8.93908282
event_type

corporate_buyback_cancel_pro_rata

company_cash_oku
0.161063258
old_holder_cash_received_oku
0.152179251
old_holder_shares_after
282039478.21896
eligible_shares_after
298504538.17408
company_equity_after_oku
23.078862363
capital_surplus_after_oku
15.049140148
basis

analyst_assumption

price_gbp_assumed
40.415015786
shares_cancelled
398523.30728852
old_cohort_shares_pro_rata_tendered
376541.36293297
treasury_delta
0
event_id

bear-2035-05

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2035-10-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

buyback_execution_date_assumed

2035-10-15

share_cancellation_effective_date_assumed

2035-10-15

corporate_cancellation_date_confirmed
未確認
revalidation_due_dates_assumed
1

2035-10-15

first_revalidation_date_assumed

2035-10-15

display_review_required_when_event_executed_or_announced
はい
6
内容を開く
想定日

2035-11-05

year
8.996577687
event_type

dividend_special_surplus_economic_capital

company_cash_oku
2.164838431
old_holder_cash_received_oku
2.045429209
old_holder_shares_after
282039478.21896
eligible_shares_after
298504538.17408
company_equity_after_oku
21.245146573
capital_surplus_after_oku
13.215424358
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2035-10-26

payable_amount_oku
2.164838431
dps_gbp
0.725227979
old_shares_entitled_at_ex
282039478.21896
eligible_shares_at_ex
298504538.17408
event_id

bear-2035-06

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2035-11-05

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2035-10-25

ex_date_assumed_previous_unadjusted

2035-10-22

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2035-10-23

record_date_confirmed
未確認
payment_date_assumed

2035-11-05

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2035-10-25

2

2035-10-26

3

2035-11-05

first_revalidation_date_assumed

2035-10-25

display_review_required_when_event_executed_or_announced
はい
insurance_service_result_oku
5.455949196
net_insurance_and_investment_result_oku
6.520706922
financial_services_net_interest_oku
1.292026691
net_other_income_and_expenses_with_model_adjustment_oku
-1.470619299
営業利益（億）
6.342114314
operating_profit_status

analyst_forecast_issuer_IFRS_operating_profit_presentation_analogue

operating_profit_display_label_ja

営業利益（IFRS連結損益計算書Operating profit準拠の予測）

operating_profit_is_PBT
いいえ
operating_profit_bridge_oku
内容を開く
ifrs17_insurance_revenue
57.249762617
insurance_service_expenses_including_sbc
-47.74474084
net_reinsurance_service_result
-4.049072581
insurance_service_result
5.455949196
investment_return
2.392700902
net_insurance_finance_result
-1.327943176
net_insurance_and_investment_result
6.520706922
financial_services_interest_income
2.46139262
financial_services_interest_expense
-1.169365929
net_financial_services_interest
1.292026691
other_revenue_and_profit_commission
2.822803666
other_operating_expenses_including_sbc
-4.30824531
other_operating_expenses_recovered_from_co_insurers
1.539035277
expected_credit_losses_and_writeoffs
-1.116212932
other_operating_before_model_adjustment
-1.062619299
unallocated_model_operating_adjustment_not_issuer_disclosure
-0.408
total_other_operating_income_and_expenses_after_adjustment
-1.470619299
operating_profit
6.342114314
net_finance_costs_below_operating_profit
-0.289736209
PBT_continuing_group_proxy
6.052378103
reconciliation_error_oku
2.0E-9
SBC_annual_expense_already_included_in_op_costs
1.153419495
categorisation_note

Additional normalisation is assigned to other operating expenses for the purpose of matching original PBT. It is not a reported future statutory line.

10
内容を開く
year
2036
状態

analyst_assumption_2027_to_2036_not_company_forecast

segments_ifrs17_revenue_oku
内容を開く
UK_motor
34.662396994
UK_other_insurance
10.57679263
European_insurance
11.282599941
Other_insurance
1.857292436
ifrs17_insurance_revenue_oku
58.379082002
insurance_services_expenses_including_sbc_oku
-48.820781724
net_reinsurance_service_result_oku
-4.128945334
investment_return_oku
2.427284078
insurance_finance_result_oku
-1.348348793
financial_services_interest_income_oku
2.547541362
financial_services_interest_expense_oku
-1.210293737
other_revenue_and_profit_commission_oku
2.881668251
other_operating_expenses_including_sbc_oku
-4.411236716
other_operating_expenses_recoverable_from_co_insurers_oku
1.569394571
expected_credit_loss_and_writeoffs_oku
-1.155280385
finance_cost_net_oku
-0.296979614
normalized_nonrecurring_adjustment_oku
-0.408
operating_revenue_analytical_oku
63.808291615
net_expenses_after_investment_and_reinsurance_oku
57.783187655
pbt_parent_continuing_proxy_oku
6.02510396
income_tax_oku
-1.44602495
profit_after_tax_parent_sbc_deducted_oku
4.58107901
non_controlling_profit_estimate_oku
-0.002
sbc_pnl_included_in_costs_oku
1.188022079
sbc_equity_credit_oku
1.188022079
uk_motor_reported_loss_ratio_reference
0.584
uk_motor_core_combined_ratio_reference
0.813
uk_motor_vehicle_policies_m
5.77
uk_motor_annualized_written_premium_per_current_policy_gbp
725.669255108
uk_motor_total_premiums_written_oku
41.87111602
admiral_money_gross_loan_balance_oku
26.488223527
loan_ecl_cost_assumption_multiple
1.75
reinsurance_cost_assumption_multiple
1.13
detail_adjustments
内容を開く
uk_motor_claim_impact_oku
-0.866559925
reinsurance_net_oku
-4.128945334
credit_cost_oku
-1.155280385
normalization_ex_2026_one_off_oku
-0.408
date_start

2036-01-01

date_end_projection

2036-12-31

period_days_in_year
366
cutoff_capital_date

2036-11-06

forecast_after_horizon_not_realised_in_capital_oku
0.688413512
as_of_event_start
内容を開く
発行済株式数
301954683
自己株式数
0
ebt_unvested_shares_estimate
3450144.94
outside_trust_dividend_eligible_shares
298504538.174
old_cohort_remaining_shares
282039478.219
old_cohort_outside_share_fraction
0.944841509
親会社持分（億）
22.128140282
eligible_own_funds_proxy_oku
25.504064195
solvency_capital_requirement_proxy_oku
11.405646128
scr_surplus_oku
14.098418067
prudential_ratio_proxy
2.236091135
as_of_year_end_or_horizon
内容を開く
発行済株式数
301559142
自己株式数
0
ebt_unvested_shares_estimate
3596963.708
outside_trust_dividend_eligible_shares
297962177.829
old_cohort_remaining_shares
279636084.098
old_cohort_outside_share_fraction
0.938495235
親会社持分（億）
21.520574582
eligible_own_funds_proxy_oku
24.896498495
solvency_capital_requirement_proxy_oku
11.528452618
scr_surplus_oku
13.368045877
prudential_ratio_proxy
2.159569833
subperiod_realization_factor
0.849726776
realized_parent_profit_oku
3.892665497
realized_sbc_equity_credit_oku
1.009494171
sbc_pnl_allocated_to_insurance_expenses_oku
0.498969273
sbc_pnl_allocated_to_other_operating_expenses_oku
0.689052806
cash_capital_transfers
内容を開く
dividends_oku
4.477527219
ordinary_dividends_oku
2.295721592
special_dividend_oku
2.181805627
buyback_oku
0.160337765
ebt_acquisition_oku
0.871860384
new_outside_equity_raised_oku
0
old_holder_actual_cash_events_year_sum_oku
5.183685152
company_noncash_vested_shares
2003997.2334137
company_net_issued_share_change
-395541.57697563
company_treasury_share_change
0
employee_trust_share_change
146818.76808288
old_holder_equity_share_remaining
0.938495235
equity_reconciliation
内容を開く
opening_oku
22.128140282
profit_oku
3.892665497
share_scheme_credit_non_cash_oku
1.009494171
dividends_oku
-4.477527219
company_buyback_oku
-0.160337765
EBT_cash_acquisition_oku
-0.871860384
new_paid_in_capital_oku
0
closing_oku
21.520574582
share_reconciliation
内容を開く
issued_open
301954683
cancelled
-395541.57697563
third_party_new
0
issued_close
301559142
trust_open
3450144.94
trust_purchased
2150816.0014966
trust_vested
-2003997.2334137
trust_close
3596963.708
old_open
282039478.219
old_pro_rata_sold
2403394.121
old_close
279636084.098
solvency_valuation
内容を開く
eligible_ownfund_oku
24.896498495
scr_oku
11.528452618
surplus_over_scr_oku
13.368045877
headroom_to_160pct_scr_oku
6.450974307
ratio
2.159569833
event_details
内容を開く
1
内容を開く
想定日

2036-05-15

year
9.522245038
event_type

dividend_final_prior_fiscal_year

company_cash_oku
1.15045184
old_holder_cash_received_oku
1.086994652
old_holder_shares_after
282039478.21896
eligible_shares_after
298504538.17408
company_equity_after_oku
23.121398137
capital_surplus_after_oku
15.091675922
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2036-05-02

payable_amount_oku
1.15045184
dps_gbp
0.385405142
old_shares_entitled_at_ex
282039478.21896
eligible_shares_at_ex
298504538.17408
event_id

bear-2036-01

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2036-05-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2036-05-01

ex_date_assumed_previous_unadjusted
未確認
ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2036-05-02

record_date_confirmed
未確認
payment_date_assumed

2036-05-15

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2036-05-01

2

2036-05-02

3

2036-05-15

first_revalidation_date_assumed

2036-05-01

display_review_required_when_event_executed_or_announced
はい
2
内容を開く
想定日

2036-06-16

year
9.609856263
event_type

employee_trust_open_market_purchase

company_cash_oku
0.871860384
old_holder_cash_received_oku
0.823769881
old_holder_shares_after
280007297.98304
eligible_shares_after
296353722.17259
company_equity_after_oku
22.753940033
capital_surplus_after_oku
14.724217818
basis

analyst_assumption

price_per_share_gbp_assumed
40.536260833
shares_acquired_by_trust
2150816.0014966
old_cohort_pro_rata_shares_sold
2032180.2359109
non_cash_sbc_excluded
はい
event_id

bear-2036-02

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2036-06-16

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

trust_purchase_execution_date_assumed

2036-06-16

settlement_date_confirmed
未確認
revalidation_due_dates_assumed
1

2036-06-16

first_revalidation_date_assumed

2036-06-16

display_review_required_when_event_executed_or_announced
はい
3
内容を開く
想定日

2036-08-15

year
9.77412731
event_type

noncash_ebt_shares_vested_to_staff

company_cash_oku
0
old_holder_cash_received_oku
0
old_holder_shares_after
280007297.98304
eligible_shares_after
298357719.406
company_equity_after_oku
23.69969431
capital_surplus_after_oku
15.669972095
basis

analyst_assumption

vested_shares
2003997.2334137
issued_change
0
old_cohort_shares_change
0
noncash_event_not_in_timed_cashflows
はい
event_id

bear-2036-03

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2036-08-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

award_vesting_and_share_delivery_date_assumed

2036-08-15

stock_delivery_date_confirmed
未確認
not_old_holder_cashflow
はい
revalidation_due_dates_assumed
1

2036-08-15

first_revalidation_date_assumed

2036-08-15

display_review_required_when_event_executed_or_announced
はい
4
内容を開く
想定日

2036-10-02

year
9.905544148
event_type

dividend_interim_current_fiscal_year

company_cash_oku
1.145269752
old_holder_cash_received_oku
1.074830205
old_holder_shares_after
280007297.98304
eligible_shares_after
298357719.406
company_equity_after_oku
23.311027979
capital_surplus_after_oku
15.158499275
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2036-09-05

payable_amount_oku
1.145269752
dps_gbp
0.383857926
old_shares_entitled_at_ex
280007297.98304
eligible_shares_at_ex
298357719.406
event_id

bear-2036-04

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2036-10-02

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2036-09-04

ex_date_assumed_previous_unadjusted

2036-09-03

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2036-09-04

record_date_confirmed
未確認
payment_date_assumed

2036-10-02

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2036-09-04

2

2036-09-05

3

2036-10-02

first_revalidation_date_assumed

2036-09-04

display_review_required_when_event_executed_or_announced
はい
5
内容を開く
想定日

2036-10-15

year
9.941136208
event_type

corporate_buyback_cancel_pro_rata

company_cash_oku
0.160337765
old_holder_cash_received_oku
0.150476229
old_holder_shares_after
279636084.09781
eligible_shares_after
297962177.82903
company_equity_after_oku
23.35560364
capital_surplus_after_oku
15.203074936
basis

analyst_assumption

price_gbp_assumed
40.536260833
shares_cancelled
395541.57697563
old_cohort_shares_pro_rata_tendered
371213.88522944
treasury_delta
0
event_id

bear-2036-05

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2036-10-15

event_assumption_as_of_date

2026-11-06

verification_instructions

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

buyback_execution_date_assumed

2036-10-15

share_cancellation_effective_date_assumed

2036-10-15

corporate_cancellation_date_confirmed
未確認
revalidation_due_dates_assumed
1

2036-10-15

first_revalidation_date_assumed

2036-10-15

display_review_required_when_event_executed_or_announced
はい
6
内容を開く
想定日

2036-11-05

year
9.998631075
event_type

dividend_special_surplus_economic_capital

company_cash_oku
2.181805627
old_holder_cash_received_oku
2.047614184
old_holder_shares_after
279636084.09781
eligible_shares_after
297962177.82903
company_equity_after_oku
21.504812011
capital_surplus_after_oku
13.352283306
basis

analyst_assumption

ex_date
未確認
record_date_assumed

2036-10-24

payable_amount_oku
2.181805627
dps_gbp
0.732242475
old_shares_entitled_at_ex
279636084.09781
eligible_shares_at_ex
297962177.82903
event_id

bear-2036-06

event_date_status

analyst_estimated_not_issuer_announced_as_of_2026_11_06

issuer_confirmation_status

unconfirmed_future_scenario_event

requires_display_revalidation_on_real_world_occurrence
はい
revalidate_immediately_on_issuer_announcement_even_before_assumed_date
はい
model_assumption_payment_or_execution_date

2036-11-05

event_assumption_as_of_date

2026-11-06

verification_instructions

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

ex_date_assumed

2036-10-23

ex_date_assumed_previous_unadjusted

2036-10-22

ex_date_status

forecast_only_unannounced_not_confirmed

record_date_assumed_prior_model

2036-10-23

record_date_confirmed
未確認
payment_date_assumed

2036-11-05

payment_date_confirmed
未確認
dividend_per_share_gbp_status

analyst_assumption_not_declared

ex_date_weekday_utc_calendar

Thursday

uk_bank_holiday_clearance_verified
いいえ
issuer_confirmed_ex_date
未確認
revalidation_due_dates_assumed
1

2036-10-23

2

2036-10-24

3

2036-11-05

first_revalidation_date_assumed

2036-10-23

display_review_required_when_event_executed_or_announced
はい
insurance_service_result_oku
5.429354944
net_insurance_and_investment_result_oku
6.508290229
financial_services_net_interest_oku
1.337247625
net_other_income_and_expenses_with_model_adjustment_oku
-1.523454279
営業利益（億）
6.322083575
operating_profit_status

analyst_forecast_issuer_IFRS_operating_profit_presentation_analogue

operating_profit_display_label_ja

営業利益（IFRS連結損益計算書Operating profit準拠の予測）

operating_profit_is_PBT
いいえ
operating_profit_bridge_oku
内容を開く
ifrs17_insurance_revenue
58.379082002
insurance_service_expenses_including_sbc
-48.820781724
net_reinsurance_service_result
-4.128945334
insurance_service_result
5.429354944
investment_return
2.427284078
net_insurance_finance_result
-1.348348793
net_insurance_and_investment_result
6.508290229
financial_services_interest_income
2.547541362
financial_services_interest_expense
-1.210293737
net_financial_services_interest
1.337247625
other_revenue_and_profit_commission
2.881668251
other_operating_expenses_including_sbc
-4.411236716
other_operating_expenses_recovered_from_co_insurers
1.569394571
expected_credit_losses_and_writeoffs
-1.155280385
other_operating_before_model_adjustment
-1.115454279
unallocated_model_operating_adjustment_not_issuer_disclosure
-0.408
total_other_operating_income_and_expenses_after_adjustment
-1.523454279
operating_profit
6.322083575
net_finance_costs_below_operating_profit
-0.296979614
PBT_continuing_group_proxy
6.02510396
reconciliation_error_oku
1.0E-9
SBC_annual_expense_already_included_in_op_costs
1.188022079
categorisation_note

Additional normalisation is assigned to other operating expenses for the purpose of matching original PBT. It is not a reported future statutory line.

final_partial_2036
内容を開く
開始日

2035-12-31

終了日

2036-11-06

days_included
311
days_full_year
366
realization_fraction
0.849726776
ifrs17_insurance_revenue_realized_oku
49.606269133
operating_revenue_analytical_realized_oku
54.219613913
net_expenses_after_investment_and_reinsurance_realized_oku
49.09992175
PBT_realized_oku
5.119692163
tax_realized_oku
-1.228726119
2036_parent_profit_included_oku
3.892665497
2036_parent_profit_after_cutoff_excluded_oku
0.688413512
sbc_equity_credit_included_oku
1.009494171
dividends_paid_included_oku
4.477527219
buybacks_paid_included_oku
0.160337765
ebt_purchases_included_oku
0.871860384
new_financing_included_oku
0
share_and_capital_at_cutoff
内容を開く
発行済株式数
301559142
自己株式数
0
ebt_unvested_shares_estimate
3596963.708
outside_trust_dividend_eligible_shares
297962177.829
old_cohort_remaining_shares
279636084.098
old_cohort_outside_share_fraction
0.938495235
親会社持分（億）
21.520574582
eligible_own_funds_proxy_oku
24.896498495
solvency_capital_requirement_proxy_oku
11.528452618
scr_surplus_oku
13.368045877
prudential_ratio_proxy
2.159569833
post_cutoff_2036_distributions_excluded
はい
operating_profit_realized_to_2036_11_06_oku
5.372043694
net_finance_costs_realized_to_2036_11_06_oku
-0.25235153
operating_profit_assumption_note

2036 FY OP multiplied by annual fractional recognition, not the full FY OP accrued into 2036-11-06 equity.

期間内株主受取
45.185030102
終価
49.990114256831
old_holder_economics
内容を開く
cohort

2026-11-06時点のEBTを除いた株主群。買戻し及びEBT市場取得に比例売却し、将来発行・従業員への信託株交付には参加しない

initial_market_value_oku
118.727581042
initial_old_holder_shares
301798630
remaining_old_holder_shares
279636084.098
remaining_outside_holding_fraction
0.938495235
all_dividend_buyback_and_ebt_proceeds_oku
45.185030102
terminal_old_cohort_mcap_oku
49.990114256831
terminal_whole_company_equity_value_oku
53.266241951328
terminal_book_equity_oku
21.520574582
terminal_fundamental
内容を開く
方法

SBC_clean_surplus_residual_income_endogenous_fair_value_share_neutral_v3

終価の基準日

2036-11-06

forecast_2037_annual_parent_profit_after_sbc_oku
4.559297647
sustainability_haircut_multiplier
0.78
normalized_next_12m_profit_oku
3.556252165
parent_book_equity_terminal_oku
21.520574582
required_return
0.09
perpetual_reinvestment_supported_growth
0.012
residual_income_oku
2.4761620548076
group_fundamental_equity_value_oku
53.266241951328
old_cohort_remaining_fraction
0.938495235
cohort_terminal_value_oku
49.990114256831
method_notes

Correction: the original RI applied IFRS parent NI after SBC but omitted the recurring IAS32-equity recredit and funded market EBT acquisitions. The FY2037 equity bridge is E1=E0+normalized NI after expensed SBC+SBC capital credit -market employee trust cash purchases -sustainable dividends/corporate repurchases. At stable outside shares, bought shares equal grants; cash funding B=A*V1/X at fundamental post-year-end price; group intrinsic V=(NI+C-g*E)/(k-g+(A/X)*(1+g)). This is exactly E+(NI+C-B-k*E)/(k-g). The valuation for the original outside cohort is group intrinsic V * original remaining outside fraction, assuming all next-year EBT sales are pro rata at fair value and both sale cash and fewer remaining shares are respected. Beyond 2036 cash from employee trust sales is NOT added again to the terminal value. 2036 actual modeled EBT buys have already reduced book equity and shareholder shares, so not charged again. No market P/E or P/B multiple is used, no insurance investment asset double-counted. Zero-floor case is capital-stress/downside, not a financed going concern.

normalized_next_12m_distributable_earnings_after_market_EBT_funding_oku
4.4130137671876
sustainable_2037_distributable_cash_excluding_trust_purchases_oku
4.1547668722036
2037_required_purchase_funding_oku
0.36690113918243
2037_purchase_price_fundamental_gbp_assumed
18.09136892726
2037_share_scheme_equity_credit_oku
1.22366274137
2037_share_scheme_pnl_expense_oku
1.22366274137
2037_award_shares_assumed
2028045.2002147
terminal_book_growth_required_oku
0.258246894984
terminal_2037_nominal_COE_oku
1.93685171238
pre_v3_uncorrected_terminal_company_equity_value_oku
42.282118845
pre_v3_uncorrected_terminal_old_holder_value_oku
39.681567061
valuation
内容を開く
discount_rate
0.09
terminal_elapsed_ACT_365_25
10.001368925
pv_holder_cashflows_oku
28.566031057884
pv_terminal_old_cohort_oku
21.11387353178
pv_total_oku
49.679904589664
return_multiple_on_initial_market_value
0.41843608834319
pv_upside_vs_market
-0.58156391165681
old_holder_cashflow_irr
-0.027056506248866
valuation_revision_reason

2037 onward share-neutral EBT replenishment at intrinsic value and corresponding share-scheme credit clean-surplus bridge

pre_v3_pv_total_oku
45.325976519
pre_v3_IRR
-0.04170455
validation
内容を開く
annual_period_count
10
all_cashflows_within_horizon
はい
payout_equals_sum_events_oku
45.185030102
terminal_ownership_fraction_matches
0.938495235
company_buybacks_are_old_cohort_cash_included_once
はい
sbc_pnl_is_cost_and_not_holder_cashflow
はい
EBT_stock_grants_non_cash_not_holder_cashflow
はい
operating_profit_annual_bridges_all_10_years
はい
forecast_event_assumed_ex_dates_distinct_from_issuer_confirmed_ex_dates
はい
future_2027_2036_corporate_events_have_dated_revalidation_triggers
はい
2036_annual_share_awards_and_purchases_reconcile_to_trust_rollforward
はい
terminal_SBC_cash_funding_and_capital_credit_accounted_exactly_once
はい
terminal_clean_surplus_reconciles
はい
2037_fair_market_sale_original_cohort_total_return_matches_COE
はい
2037_issuance_vs_trust_purchase_one_year_holder_equivalence
はい
2037_dated_future_event_not_in_10yr_timed_cashflows
はい
negative_sustainable_distribution_requires_recapitalization_or_plan_change
いいえ
future_event_revalidation_schedule
内容を開く
1
内容を開く
event_id

bear-2027-01

fiscal_year
2027
event_type

dividend_final_prior_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2027-05-06

record_date_assumed

2027-05-07

payment_date_assumed

2027-05-17

first_revalidation_date_assumed

2027-05-06

revalidation_due_dates_assumed
1

2027-05-06

2

2027-05-07

3

2027-05-17

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
2.145
company_cash_change_oku
2.145
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

2
内容を開く
event_id

bear-2027-02

fiscal_year
2027
event_type

employee_trust_open_market_purchase

date_status

unconfirmed_assumed

date_fields
trust_purchase_execution_date_assumed

2027-06-15

first_revalidation_date_assumed

2027-06-15

revalidation_due_dates_assumed
1

2027-06-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.68
company_cash_change_oku
0.68
noncash_event
いいえ
checks

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

3
内容を開く
event_id

bear-2027-03

fiscal_year
2027
event_type

noncash_ebt_shares_vested_to_staff

date_status

unconfirmed_assumed

date_fields
award_vesting_and_share_delivery_date_assumed

2027-08-16

first_revalidation_date_assumed

2027-08-16

revalidation_due_dates_assumed
1

2027-08-16

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0
company_cash_change_oku
0
noncash_event
はい
checks

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

4
内容を開く
event_id

bear-2027-04

fiscal_year
2027
event_type

dividend_interim_current_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2027-09-02

record_date_assumed

2027-09-03

payment_date_assumed

2027-10-04

first_revalidation_date_assumed

2027-09-02

revalidation_due_dates_assumed
1

2027-09-02

2

2027-09-03

3

2027-10-04

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.052593355
company_cash_change_oku
1.058907331
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

5
内容を開く
event_id

bear-2027-05

fiscal_year
2027
event_type

corporate_buyback_cancel_pro_rata

date_status

unconfirmed_assumed

date_fields
buyback_execution_date_assumed

2027-10-15

cancellation_date_assumed

2027-10-15

first_revalidation_date_assumed

2027-10-15

revalidation_due_dates_assumed
1

2027-10-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.075289151
company_cash_change_oku
0.075740773
noncash_event
いいえ
checks

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

6
内容を開く
event_id

bear-2028-01

fiscal_year
2028
event_type

dividend_final_prior_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2028-05-04

record_date_assumed

2028-05-05

payment_date_assumed

2028-05-15

first_revalidation_date_assumed

2028-05-04

revalidation_due_dates_assumed
1

2028-05-04

2

2028-05-05

3

2028-05-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.052593355
company_cash_change_oku
1.058907331
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

7
内容を開く
event_id

bear-2028-02

fiscal_year
2028
event_type

employee_trust_open_market_purchase

date_status

unconfirmed_assumed

date_fields
trust_purchase_execution_date_assumed

2028-06-15

first_revalidation_date_assumed

2028-06-15

revalidation_due_dates_assumed
1

2028-06-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.694871815
company_cash_change_oku
0.69904
noncash_event
いいえ
checks

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

8
内容を開く
event_id

bear-2028-03

fiscal_year
2028
event_type

noncash_ebt_shares_vested_to_staff

date_status

unconfirmed_assumed

date_fields
award_vesting_and_share_delivery_date_assumed

2028-08-15

first_revalidation_date_assumed

2028-08-15

revalidation_due_dates_assumed
1

2028-08-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0
company_cash_change_oku
0
noncash_event
はい
checks

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

9
内容を開く
event_id

bear-2028-04

fiscal_year
2028
event_type

dividend_interim_current_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2028-09-07

record_date_assumed

2028-09-08

payment_date_assumed

2028-10-02

first_revalidation_date_assumed

2028-09-07

revalidation_due_dates_assumed
1

2028-09-07

2

2028-09-08

3

2028-10-02

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.948106572
company_cash_change_oku
0.959586822
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

10
内容を開く
event_id

bear-2028-05

fiscal_year
2028
event_type

corporate_buyback_cancel_pro_rata

date_status

unconfirmed_assumed

date_fields
buyback_execution_date_assumed

2028-10-16

cancellation_date_assumed

2028-10-16

first_revalidation_date_assumed

2028-10-16

revalidation_due_dates_assumed
1

2028-10-16

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.13273492
company_cash_change_oku
0.134342155
noncash_event
いいえ
checks

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

11
内容を開く
event_id

bear-2029-01

fiscal_year
2029
event_type

dividend_final_prior_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2029-05-03

record_date_assumed

2029-05-04

payment_date_assumed

2029-05-15

first_revalidation_date_assumed

2029-05-03

revalidation_due_dates_assumed
1

2029-05-03

2

2029-05-04

3

2029-05-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.948106572
company_cash_change_oku
0.959586822
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

12
内容を開く
event_id

bear-2029-02

fiscal_year
2029
event_type

employee_trust_open_market_purchase

date_status

unconfirmed_assumed

date_fields
trust_purchase_execution_date_assumed

2029-06-15

first_revalidation_date_assumed

2029-06-15

revalidation_due_dates_assumed
1

2029-06-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.710015817
company_cash_change_oku
0.71861312
noncash_event
いいえ
checks

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

13
内容を開く
event_id

bear-2029-03

fiscal_year
2029
event_type

noncash_ebt_shares_vested_to_staff

date_status

unconfirmed_assumed

date_fields
award_vesting_and_share_delivery_date_assumed

2029-08-15

first_revalidation_date_assumed

2029-08-15

revalidation_due_dates_assumed
1

2029-08-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0
company_cash_change_oku
0
noncash_event
はい
checks

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

14
内容を開く
event_id

bear-2029-04

fiscal_year
2029
event_type

dividend_interim_current_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2029-09-06

record_date_assumed

2029-09-07

payment_date_assumed

2029-10-02

first_revalidation_date_assumed

2029-09-06

revalidation_due_dates_assumed
1

2029-09-06

2

2029-09-07

3

2029-10-02

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.968627132
company_cash_change_oku
0.986388279
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

15
内容を開く
event_id

bear-2029-05

fiscal_year
2029
event_type

corporate_buyback_cancel_pro_rata

date_status

unconfirmed_assumed

date_fields
buyback_execution_date_assumed

2029-10-15

cancellation_date_assumed

2029-10-15

first_revalidation_date_assumed

2029-10-15

revalidation_due_dates_assumed
1

2029-10-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.135607799
company_cash_change_oku
0.138094359
noncash_event
いいえ
checks

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

16
内容を開く
event_id

bear-2029-06

fiscal_year
2029
event_type

dividend_special_surplus_economic_capital

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2029-10-25

record_date_assumed

2029-10-26

payment_date_assumed

2029-11-05

first_revalidation_date_assumed

2029-10-25

revalidation_due_dates_assumed
1

2029-10-25

2

2029-10-26

3

2029-11-05

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.170685161
company_cash_change_oku
1.192151327
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

17
内容を開く
event_id

bear-2030-01

fiscal_year
2030
event_type

dividend_final_prior_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2030-05-02

record_date_assumed

2030-05-03

payment_date_assumed

2030-05-15

first_revalidation_date_assumed

2030-05-02

revalidation_due_dates_assumed
1

2030-05-02

2

2030-05-03

3

2030-05-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.968627132
company_cash_change_oku
0.986388279
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

18
内容を開く
event_id

bear-2030-02

fiscal_year
2030
event_type

employee_trust_open_market_purchase

date_status

unconfirmed_assumed

date_fields
trust_purchase_execution_date_assumed

2030-06-17

first_revalidation_date_assumed

2030-06-17

revalidation_due_dates_assumed
1

2030-06-17

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.725432458
company_cash_change_oku
0.738734287
noncash_event
いいえ
checks

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

19
内容を開く
event_id

bear-2030-03

fiscal_year
2030
event_type

noncash_ebt_shares_vested_to_staff

date_status

unconfirmed_assumed

date_fields
award_vesting_and_share_delivery_date_assumed

2030-08-15

first_revalidation_date_assumed

2030-08-15

revalidation_due_dates_assumed
1

2030-08-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0
company_cash_change_oku
0
noncash_event
はい
checks

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

20
内容を開く
event_id

bear-2030-04

fiscal_year
2030
event_type

dividend_interim_current_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2030-09-05

record_date_assumed

2030-09-06

payment_date_assumed

2030-10-02

first_revalidation_date_assumed

2030-09-05

revalidation_due_dates_assumed
1

2030-09-05

2

2030-09-06

3

2030-10-02

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.988953377
company_cash_change_oku
1.013366047
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

21
内容を開く
event_id

bear-2030-05

fiscal_year
2030
event_type

corporate_buyback_cancel_pro_rata

date_status

unconfirmed_assumed

date_fields
buyback_execution_date_assumed

2030-10-15

cancellation_date_assumed

2030-10-15

first_revalidation_date_assumed

2030-10-15

revalidation_due_dates_assumed
1

2030-10-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.138453473
company_cash_change_oku
0.141871247
noncash_event
いいえ
checks

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

22
内容を開く
event_id

bear-2030-06

fiscal_year
2030
event_type

dividend_special_surplus_economic_capital

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2030-10-24

record_date_assumed

2030-10-25

payment_date_assumed

2030-11-05

first_revalidation_date_assumed

2030-10-24

revalidation_due_dates_assumed
1

2030-10-24

2

2030-10-25

3

2030-11-05

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.658584159
company_cash_change_oku
1.699526906
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

23
内容を開く
event_id

bear-2031-01

fiscal_year
2031
event_type

dividend_final_prior_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2031-05-01

record_date_assumed

2031-05-02

payment_date_assumed

2031-05-15

first_revalidation_date_assumed

2031-05-01

revalidation_due_dates_assumed
1

2031-05-01

2

2031-05-02

3

2031-05-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.988953377
company_cash_change_oku
1.013366047
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

24
内容を開く
event_id

bear-2031-02

fiscal_year
2031
event_type

employee_trust_open_market_purchase

date_status

unconfirmed_assumed

date_fields
trust_purchase_execution_date_assumed

2031-06-16

first_revalidation_date_assumed

2031-06-16

revalidation_due_dates_assumed
1

2031-06-16

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.741123936
company_cash_change_oku
0.759418847
noncash_event
いいえ
checks

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

25
内容を開く
event_id

bear-2031-03

fiscal_year
2031
event_type

noncash_ebt_shares_vested_to_staff

date_status

unconfirmed_assumed

date_fields
award_vesting_and_share_delivery_date_assumed

2031-08-15

first_revalidation_date_assumed

2031-08-15

revalidation_due_dates_assumed
1

2031-08-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0
company_cash_change_oku
0
noncash_event
はい
checks

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

26
内容を開く
event_id

bear-2031-04

fiscal_year
2031
event_type

dividend_interim_current_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2031-09-04

record_date_assumed

2031-09-05

payment_date_assumed

2031-10-02

first_revalidation_date_assumed

2031-09-04

revalidation_due_dates_assumed
1

2031-09-04

2

2031-09-05

3

2031-10-02

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.009067083
company_cash_change_oku
1.040508647
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

27
内容を開く
event_id

bear-2031-05

fiscal_year
2031
event_type

corporate_buyback_cancel_pro_rata

date_status

unconfirmed_assumed

date_fields
buyback_execution_date_assumed

2031-10-15

cancellation_date_assumed

2031-10-15

first_revalidation_date_assumed

2031-10-15

revalidation_due_dates_assumed
1

2031-10-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.141269392
company_cash_change_oku
0.145671211
noncash_event
いいえ
checks

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

28
内容を開く
event_id

bear-2031-06

fiscal_year
2031
event_type

dividend_special_surplus_economic_capital

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2031-10-23

record_date_assumed

2031-10-24

payment_date_assumed

2031-11-05

first_revalidation_date_assumed

2031-10-23

revalidation_due_dates_assumed
1

2031-10-23

2

2031-10-24

3

2031-11-05

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.84008418
company_cash_change_oku
1.897419442
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

29
内容を開く
event_id

bear-2032-01

fiscal_year
2032
event_type

dividend_final_prior_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2032-05-06

record_date_assumed

2032-05-07

payment_date_assumed

2032-05-17

first_revalidation_date_assumed

2032-05-06

revalidation_due_dates_assumed
1

2032-05-06

2

2032-05-07

3

2032-05-17

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.009067083
company_cash_change_oku
1.040508647
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

30
内容を開く
event_id

bear-2032-02

fiscal_year
2032
event_type

employee_trust_open_market_purchase

date_status

unconfirmed_assumed

date_fields
trust_purchase_execution_date_assumed

2032-06-15

first_revalidation_date_assumed

2032-06-15

revalidation_due_dates_assumed
1

2032-06-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.757092304
company_cash_change_oku
0.780682575
noncash_event
いいえ
checks

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

31
内容を開く
event_id

bear-2032-03

fiscal_year
2032
event_type

noncash_ebt_shares_vested_to_staff

date_status

unconfirmed_assumed

date_fields
award_vesting_and_share_delivery_date_assumed

2032-08-16

first_revalidation_date_assumed

2032-08-16

revalidation_due_dates_assumed
1

2032-08-16

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0
company_cash_change_oku
0
noncash_event
はい
checks

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

32
内容を開く
event_id

bear-2032-04

fiscal_year
2032
event_type

dividend_interim_current_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2032-09-02

record_date_assumed

2032-09-03

payment_date_assumed

2032-10-04

first_revalidation_date_assumed

2032-09-02

revalidation_due_dates_assumed
1

2032-09-02

2

2032-09-03

3

2032-10-04

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.028948989
company_cash_change_oku
1.067803348
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

33
内容を開く
event_id

bear-2032-05

fiscal_year
2032
event_type

corporate_buyback_cancel_pro_rata

date_status

unconfirmed_assumed

date_fields
buyback_execution_date_assumed

2032-10-15

cancellation_date_assumed

2032-10-15

first_revalidation_date_assumed

2032-10-15

revalidation_due_dates_assumed
1

2032-10-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.144052859
company_cash_change_oku
0.149492469
noncash_event
いいえ
checks

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

34
内容を開く
event_id

bear-2032-06

fiscal_year
2032
event_type

dividend_special_surplus_economic_capital

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2032-10-21

record_date_assumed

2032-10-22

payment_date_assumed

2032-11-05

first_revalidation_date_assumed

2032-10-21

revalidation_due_dates_assumed
1

2032-10-21

2

2032-10-22

3

2032-11-05

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.925663265
company_cash_change_oku
1.998378639
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

35
内容を開く
event_id

bear-2033-01

fiscal_year
2033
event_type

dividend_final_prior_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2033-05-05

record_date_assumed

2033-05-06

payment_date_assumed

2033-05-16

first_revalidation_date_assumed

2033-05-05

revalidation_due_dates_assumed
1

2033-05-05

2

2033-05-06

3

2033-05-16

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.028948989
company_cash_change_oku
1.067803348
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

36
内容を開く
event_id

bear-2033-02

fiscal_year
2033
event_type

employee_trust_open_market_purchase

date_status

unconfirmed_assumed

date_fields
trust_purchase_execution_date_assumed

2033-06-15

first_revalidation_date_assumed

2033-06-15

revalidation_due_dates_assumed
1

2033-06-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.773339454
company_cash_change_oku
0.802541687
noncash_event
いいえ
checks

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

37
内容を開く
event_id

bear-2033-03

fiscal_year
2033
event_type

noncash_ebt_shares_vested_to_staff

date_status

unconfirmed_assumed

date_fields
award_vesting_and_share_delivery_date_assumed

2033-08-15

first_revalidation_date_assumed

2033-08-15

revalidation_due_dates_assumed
1

2033-08-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0
company_cash_change_oku
0
noncash_event
はい
checks

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

38
内容を開く
event_id

bear-2033-04

fiscal_year
2033
event_type

dividend_interim_current_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2033-09-08

record_date_assumed

2033-09-09

payment_date_assumed

2033-10-03

first_revalidation_date_assumed

2033-09-08

revalidation_due_dates_assumed
1

2033-09-08

2

2033-09-09

3

2033-10-03

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.048578746
company_cash_change_oku
1.095236064
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

39
内容を開く
event_id

bear-2033-05

fiscal_year
2033
event_type

corporate_buyback_cancel_pro_rata

date_status

unconfirmed_assumed

date_fields
buyback_execution_date_assumed

2033-10-17

cancellation_date_assumed

2033-10-17

first_revalidation_date_assumed

2033-10-17

revalidation_due_dates_assumed
1

2033-10-17

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.146801024
company_cash_change_oku
0.153333049
noncash_event
いいえ
checks

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

40
内容を開く
event_id

bear-2033-06

fiscal_year
2033
event_type

dividend_special_surplus_economic_capital

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2033-10-27

record_date_assumed

2033-10-28

payment_date_assumed

2033-11-07

first_revalidation_date_assumed

2033-10-27

revalidation_due_dates_assumed
1

2033-10-27

2

2033-10-28

3

2033-11-07

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.994439512
company_cash_change_oku
2.083183632
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

41
内容を開く
event_id

bear-2034-01

fiscal_year
2034
event_type

dividend_final_prior_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2034-05-04

record_date_assumed

2034-05-05

payment_date_assumed

2034-05-15

first_revalidation_date_assumed

2034-05-04

revalidation_due_dates_assumed
1

2034-05-04

2

2034-05-05

3

2034-05-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.048578746
company_cash_change_oku
1.095236064
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

42
内容を開く
event_id

bear-2034-02

fiscal_year
2034
event_type

employee_trust_open_market_purchase

date_status

unconfirmed_assumed

date_fields
trust_purchase_execution_date_assumed

2034-06-15

first_revalidation_date_assumed

2034-06-15

revalidation_due_dates_assumed
1

2034-06-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.78986711
company_cash_change_oku
0.825012854
noncash_event
いいえ
checks

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

43
内容を開く
event_id

bear-2034-03

fiscal_year
2034
event_type

noncash_ebt_shares_vested_to_staff

date_status

unconfirmed_assumed

date_fields
award_vesting_and_share_delivery_date_assumed

2034-08-15

first_revalidation_date_assumed

2034-08-15

revalidation_due_dates_assumed
1

2034-08-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0
company_cash_change_oku
0
noncash_event
はい
checks

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

44
内容を開く
event_id

bear-2034-04

fiscal_year
2034
event_type

dividend_interim_current_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2034-09-07

record_date_assumed

2034-09-08

payment_date_assumed

2034-10-02

first_revalidation_date_assumed

2034-09-07

revalidation_due_dates_assumed
1

2034-09-07

2

2034-09-08

3

2034-10-02

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.067934863
company_cash_change_oku
1.12279126
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

45
内容を開く
event_id

bear-2034-05

fiscal_year
2034
event_type

corporate_buyback_cancel_pro_rata

date_status

unconfirmed_assumed

date_fields
buyback_execution_date_assumed

2034-10-16

cancellation_date_assumed

2034-10-16

first_revalidation_date_assumed

2034-10-16

revalidation_due_dates_assumed
1

2034-10-16

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.149510881
company_cash_change_oku
0.157190776
noncash_event
いいえ
checks

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

46
内容を開く
event_id

bear-2034-06

fiscal_year
2034
event_type

dividend_special_surplus_economic_capital

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2034-10-26

record_date_assumed

2034-10-27

payment_date_assumed

2034-11-06

first_revalidation_date_assumed

2034-10-26

revalidation_due_dates_assumed
1

2034-10-26

2

2034-10-27

3

2034-11-06

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
2.014526126
company_cash_change_oku
2.118005889
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

47
内容を開く
event_id

bear-2035-01

fiscal_year
2035
event_type

dividend_final_prior_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2035-05-03

record_date_assumed

2035-05-04

payment_date_assumed

2035-05-15

first_revalidation_date_assumed

2035-05-03

revalidation_due_dates_assumed
1

2035-05-03

2

2035-05-04

3

2035-05-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.067934863
company_cash_change_oku
1.12279126
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

48
内容を開く
event_id

bear-2035-02

fiscal_year
2035
event_type

employee_trust_open_market_purchase

date_status

unconfirmed_assumed

date_fields
trust_purchase_execution_date_assumed

2035-06-15

first_revalidation_date_assumed

2035-06-15

revalidation_due_dates_assumed
1

2035-06-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.806676807
company_cash_change_oku
0.848113214
noncash_event
いいえ
checks

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

49
内容を開く
event_id

bear-2035-03

fiscal_year
2035
event_type

noncash_ebt_shares_vested_to_staff

date_status

unconfirmed_assumed

date_fields
award_vesting_and_share_delivery_date_assumed

2035-08-15

first_revalidation_date_assumed

2035-08-15

revalidation_due_dates_assumed
1

2035-08-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0
company_cash_change_oku
0
noncash_event
はい
checks

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

50
内容を開く
event_id

bear-2035-04

fiscal_year
2035
event_type

dividend_interim_current_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2035-09-06

record_date_assumed

2035-09-07

payment_date_assumed

2035-10-02

first_revalidation_date_assumed

2035-09-06

revalidation_due_dates_assumed
1

2035-09-06

2

2035-09-07

3

2035-10-02

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.086994652
company_cash_change_oku
1.15045184
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

51
内容を開く
event_id

bear-2035-05

fiscal_year
2035
event_type

corporate_buyback_cancel_pro_rata

date_status

unconfirmed_assumed

date_fields
buyback_execution_date_assumed

2035-10-15

cancellation_date_assumed

2035-10-15

first_revalidation_date_assumed

2035-10-15

revalidation_due_dates_assumed
1

2035-10-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.152179251
company_cash_change_oku
0.161063258
noncash_event
いいえ
checks

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

52
内容を開く
event_id

bear-2035-06

fiscal_year
2035
event_type

dividend_special_surplus_economic_capital

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2035-10-25

record_date_assumed

2035-10-26

payment_date_assumed

2035-11-05

first_revalidation_date_assumed

2035-10-25

revalidation_due_dates_assumed
1

2035-10-25

2

2035-10-26

3

2035-11-05

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
2.045429209
company_cash_change_oku
2.164838431
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

53
内容を開く
event_id

bear-2036-01

fiscal_year
2036
event_type

dividend_final_prior_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2036-05-01

record_date_assumed

2036-05-02

payment_date_assumed

2036-05-15

first_revalidation_date_assumed

2036-05-01

revalidation_due_dates_assumed
1

2036-05-01

2

2036-05-02

3

2036-05-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.086994652
company_cash_change_oku
1.15045184
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

54
内容を開く
event_id

bear-2036-02

fiscal_year
2036
event_type

employee_trust_open_market_purchase

date_status

unconfirmed_assumed

date_fields
trust_purchase_execution_date_assumed

2036-06-16

first_revalidation_date_assumed

2036-06-16

revalidation_due_dates_assumed
1

2036-06-16

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.823769881
company_cash_change_oku
0.871860384
noncash_event
いいえ
checks

Verify EBT purchase confirmations, execution dates, volume, price, number of employee-held shares, resulting old-holder market sale assumptions, cash and eligible own funds.

55
内容を開く
event_id

bear-2036-03

fiscal_year
2036
event_type

noncash_ebt_shares_vested_to_staff

date_status

unconfirmed_assumed

date_fields
award_vesting_and_share_delivery_date_assumed

2036-08-15

first_revalidation_date_assumed

2036-08-15

revalidation_due_dates_assumed
1

2036-08-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0
company_cash_change_oku
0
noncash_event
はい
checks

Verify vest/settlement date, actual allocated shares, EBT transfer versus new issuance, trust holdings, eligible dividend shares and old-holder ownership; do NOT create a cash flow from SBC alone.

56
内容を開く
event_id

bear-2036-04

fiscal_year
2036
event_type

dividend_interim_current_fiscal_year

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2036-09-04

record_date_assumed

2036-09-05

payment_date_assumed

2036-10-02

first_revalidation_date_assumed

2036-09-04

revalidation_due_dates_assumed
1

2036-09-04

2

2036-09-05

3

2036-10-02

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
1.074830205
company_cash_change_oku
1.145269752
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

57
内容を開く
event_id

bear-2036-05

fiscal_year
2036
event_type

corporate_buyback_cancel_pro_rata

date_status

unconfirmed_assumed

date_fields
buyback_execution_date_assumed

2036-10-15

cancellation_date_assumed

2036-10-15

first_revalidation_date_assumed

2036-10-15

revalidation_due_dates_assumed
1

2036-10-15

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
0.150476229
company_cash_change_oku
0.160337765
noncash_event
いいえ
checks

Verify actual authorization, transaction dates/price/volume, cancellation effective date and treasury treatment, actual holder cohort proportional sale assumption, remaining shares, cash and solvency.

58
内容を開く
event_id

bear-2036-06

fiscal_year
2036
event_type

dividend_special_surplus_economic_capital

date_status

unconfirmed_assumed

date_fields
ex_date_assumed

2036-10-23

record_date_assumed

2036-10-24

payment_date_assumed

2036-11-05

first_revalidation_date_assumed

2036-10-23

revalidation_due_dates_assumed
1

2036-10-23

2

2036-10-24

3

2036-11-05

on_earlier_announcement

revalidate_immediately

on_actual_execution

reconcile_price_shares_cash_equity_solvency_holder_economics

old_holder_cashflow_expected_oku
2.047614184
company_cash_change_oku
2.181805627
noncash_event
いいえ
checks

Confirm official declaration, ex-date, record date, pay date, GBP/share, distributable capital, share count at ex-date, old cohort entitlement and payment; recompute holder CF PV/IRR and balance sheet/SCR on change.

future_event_revalidation_schedule_count
58
operating_profit_display_2036
内容を開く
year
2036
metric

IFRS_consolidated_Operating_profit_issuer_presentation_analogue

display_label_ja

2036年予測営業利益（IFRS連結損益計算書準拠・会社予想ではない）

状態

ANALYST_FORECAST_UNCONFIRMED

full_fiscal_year_start_date

2036-01-01

full_fiscal_year_end_date

2036-12-31

full_FY2036_operating_profit_oku
6.322083575
full_FY2036_PBT_continuing_oku
6.02510396
full_FY2036_net_finance_costs_oku
-0.296979614
full_FY2036_operating_profit_bridge_oku
内容を開く
ifrs17_insurance_revenue
58.379082002
insurance_service_expenses_including_sbc
-48.820781724
net_reinsurance_service_result
-4.128945334
insurance_service_result
5.429354944
investment_return
2.427284078
net_insurance_finance_result
-1.348348793
net_insurance_and_investment_result
6.508290229
financial_services_interest_income
2.547541362
financial_services_interest_expense
-1.210293737
net_financial_services_interest
1.337247625
other_revenue_and_profit_commission
2.881668251
other_operating_expenses_including_sbc
-4.411236716
other_operating_expenses_recovered_from_co_insurers
1.569394571
expected_credit_losses_and_writeoffs
-1.155280385
other_operating_before_model_adjustment
-1.115454279
unallocated_model_operating_adjustment_not_issuer_disclosure
-0.408
total_other_operating_income_and_expenses_after_adjustment
-1.523454279
operating_profit
6.322083575
net_finance_costs_below_operating_profit
-0.296979614
PBT_continuing_group_proxy
6.02510396
reconciliation_error_oku
1.0E-9
SBC_annual_expense_already_included_in_op_costs
1.188022079
categorisation_note

Additional normalisation is assigned to other operating expenses for the purpose of matching original PBT. It is not a reported future statutory line.

cutoff_2036_11_06_operating_profit_accrued_oku
5.372043694
cutoff_2036_11_06_net_finance_costs_accrued_oku
-0.25235153
cutoff_2036_11_06_PBT_accrued_oku
5.119692163
reconciliation_abs_error_FY_oku
1.0E-9
independent_of_valuation_terminal_PE_PBR_reversion
はい
terminal_sbc_share_neutral_continuation
内容を開く
状態

analyst_assumption_not_issuer_guidance

terminal_stock_and_parent_equity_date

2036-11-06

FY2036_projected_employee_transactions
内容を開く
year
2036
状態

all modeled 2036 EBT purchases and share deliveries occurred by the 2036-11-06 horizon; no 2036-11-07 to Dec31 employee share event assumed

FY2036_SBC_pnl_expense_after_tax_profit_has_impact_oku
1.188022079
FY2036_SBC_equity_credit_full_year_forecast_oku
1.188022079
FY2036_SBC_equity_credit_recognized_by_horizon_oku
1.009494171
FY2036_stock_awards_delivered_shares
2003997.2334137
FY2036_employee_trust_open_market_purchase_shares
2150816.0014966
FY2036_employee_trust_cash_purchase_oku
0.871860384
2036_employee_trust_execution_price_gbp_per_share_assumed
40.536260833
2036_award_equivalent_cash_for_share_number_neutrality_oku
0.81234554562268
2036_incremental_cash_vs_executed_ebt_to_match_deliveries_oku
-0.059514838377316
2036_share_inventory_delta_purchases_minus_deliveries
146818.76808288
trust_shares_start_2036
3450144.94
trust_shares_at_2036_11_06
3596963.708
trust_end_reconciliation_error_shares
8.2881189882755E-5
FY2036_company_total_share_issuance_delta
-395541.57697563
year_2036_current_buyback_dividends_EBT_already_in_parent_book_equity
はい
non_cash_ebt_awards_are_not_company_cashflow_or_original_cohort_cashflow
はい
market_purchase_event_assumed_date

2036-06-16

share_delivery_event_assumed_date

2036-08-15

future_date_status

forecast_only_not_announced

FY2037_first_full_forward_year
内容を開く
forecast_period_start

2036-11-07

forecast_period_end

2037-11-06

FY2037_calendar_earnings_used_as_next_12_month_proxy_not_exact_stub

The underlying model reports FY2037 calendar P&L and normalizes it as a proxy for the 12 months from 2036-11-07; this is a projection approximation, not exact calendar-year or IFRS17 partial-period accrual.

original_FY2037_IFRS_parent_profit_after_expensed_SBC_oku
4.559297647
normalized_FY2037_IFRS_parent_profit_after_expensed_SBC_oku
3.556252165
normalized_multiplier
0.78
SBC_2037_pnl_already_expensed_in_parent_earnings_oku
1.22366274137
SBC_2037_equity_capital_credit_oku
1.22366274137
deferred_tax_on_share_scheme_credit_forecast_oku
0
assumed_2037_stock_awards_delivered_shares
2028045.2002147
assumed_2037_employee_trust_purchased_shares
2028045.2002147
first_year_share_number_neutral

Yes as funded going concern

outside_dividend_eligible_shares_before
297962177.829
outside_dividend_eligible_shares_after
297962177.829
existing_trust_inventory_assumed_stabilized_at_horizon_shares
3596963.708
original_old_cohort_shares_before
279636084.098
old_cohort_pro_rata_shares_sold_into_trust_2037
1903310.7567338
original_old_cohort_shares_after
277732773.34127
company_fundamental_equity_value_start_oku
53.266241951328
2037_end_post_distribution_equity_value_oku
53.905436854744
share_market_price_for_2037_purchase_gbp_analyst_fundamental
18.09136892726
cash_required_to_fund_2037_awards_at_post_distribution_intrinsic_price_oku
0.36690113918243
normalized_net_income_plus_non_cash_credit_oku
4.77991490637
normalized_cash_available_after_share_scheme_replenishment_before_growth_oku
4.4130137671876
required_parent_book_equity_growth_oku
0.258246894984
sustainable_regular_and_surplus_distributions_oku
4.1547668722036
sustainable_payout_shortfall_oku
0
illustrative_regular_dividend_at_65pct_normalized_profit_oku
2.31156390725
illustrative_discretionary_dividend_or_cancelled_buyback_oku
1.8432029649536
parent_book_end_clean_surplus_oku
21.778821476984
parent_book_end_required_at_perpetual_g_oku
21.778821476984
capital_adequacy_note

Projected FY2037 payout is a stylized sustainable equity payout, not a regulator-approved payout or announced dividend; requires continuing matching eligible own funds and SCR buffers.

fundamental_model_cash_and_award_event_timing_assumption

2037-11-06 forward-year-end equivalent for fixed-point pricing. This replaces the earlier 2027-2036 June/Aug schedule only for post-horizon steady state; actual grant and execution dates could differ.

unconfirmed_market_purchase_date_illustrative

2037-11-06

unconfirmed_share_award_delivery_date_illustrative

2037-11-06

illustrative_events_after_10yr_horizon_not_holder_timed_cashflows
はい
clean_surplus_valuation_bridge
内容を開く
日付

2036-11-06

book_parent_equity_start_oku
21.520574582
normalized_IFRS_profit_after_SBC_oku
3.556252165
SBC_equity_credit_non_cash_oku
1.22366274137
market_purchase_trust_cash_outflow_oku
0.36690113918243
equity_available_before_dividend_and_reinvestment_oku
4.4130137671876
annual_parent_book_growth_rate_g
0.012
retained_book_growth_required_oku
0.258246894984
sustainable_cash_payout_to_outside_shareholders_excluding_EBT_sales_oku
4.1547668722036
book_equity_end_after_payout_and_EBT_oku
21.778821476984
residual_income_after_trust_capital_credit_adjustment_oku
2.4761620548076
perpetual_gordon_residual_income_oku
31.745667369328
book_plus_residual_income_after_zero_floor_oku
53.266241951328
fixed_point_denominator
0.084888061288756
fixed_point_numerator_oku
4.521668011386
terminal_group_value_oku
53.266241951328
old_holder_fraction_at_2036_11_06
0.93849523498409
terminal_old_holder_value_oku
49.990114256831
formula_if_positive

V=E+(NI_after_SBC+credit-B-k*E)/(k-g) ; B=awards_2037*(1+g)*V*1e8/X/1e8 ; therefore V=(NI_after_SBC+credit-g*E)/(k-g+(awards/X)*(1+g)) ; D=NI_after_SBC+credit-B-g*E

IFRS_equity_bridge_formula

E_2037=E_2036+PAT_after_SBC+noncash_SBC_equity_credit+tax_credit_0 -cash_EBT -cash_dividend_and_company_buyback

non_recurring_2036_purchases_not_deducted_again_in_terminal
はい
no_non_cash_SBC_in_timed_holder_cashflows
はい
terminal_continuation_not_treating_SBC_equity_credit_as_free_owner_cash
はい
oldholder_first_forward_year_pro_rata_equivalence_check
内容を開く
oldholder_terminal_entry_value_oku
49.990114256831
oldholder_2037_dividend_and_regular_buyback_cash_ex_EBT_oku
3.8992289120328
oldholder_2037_ebt_sale_cash_oku
0.34433497083295
oldholder_2037_remaining_shares
277732773.34127
oldholder_2037_remaining_equity_value_oku
50.24566065708
sum_2037_oldholder_cashes_plus_remaining_equity_oku
54.489224539946
required_2037_oldholder_expected_wealth_at_k_oku
54.489224539946
single_year_return_matches_discount_rate
はい
no_market_purchase_counterfactual_issue_new_2037_award_shares
2028045.2002147
no_market_purchase_counterfactual_parent_equity_after_2037_oku
22.145722616166
no_market_purchase_counterfactual_group_equity_value_oku
54.272337993926
no_market_purchase_counterfactual_outside_share_count
299990223.02921
no_market_purchase_counterfactual_oldholder_end_equity_value_oku
50.589995627913
counterfactual_equivalence_error_oku
0
注記

Funded EBT purchase plus proportional holder sale and an economically equivalent new employee share issue yield the same old holder wealth at the same share intrinsic price. These are alternative accounting paths; DO NOT both subtract funding cost and apply new issuance dilution.

price_and_scheme_cost_sensitivity
内容を開く
2036_assumed_trading_price_gbp
40.536260833
2037_extrapolated_2036_market_price_gbp
40.657869615499
2037_extrapolated_market_price_cash_neutral_oku
0.82455997324667
terminal_cohort_value_if_2037_market_execution_price_extrapolated_oku
44.483567654041
caveat_market_price_extrapolation

Not self-consistent intrinsic-price funding: extra sensitivity only, not terminal base case

sensitivity_cash_price_multiplier_intrinsic_base
below_20pct
50.814765482704
base
49.990114256831
above_20pct
49.191801424677
interpretation

Lower funding transaction price reduces EBT capital consumption, higher price increases it; intrinsic-model base uses fair value, not current market P/E or P/B.

unconfirmed_information
内容を開く
1

Employee trust share counts and future vestings are forecasts

2

2037+ SBC equity credit and whether deferred tax credits recur are assumptions

3

post-2036 expected retained share capital and Solvency II requirements may differ

4

2037 EBT price is solved from discounted business value, not a traded market price

5

future LTIP performance conditions may lead to delivery variance

売上高
63.808291615
営業利益
6.322083575
純利益
4.58107901
equity_oku
21.520574582
期間内の親会社利益合計（億）
42.859237098
multiple
kind

residual_income

why

普通株資本、SBC資本組入れと従業員信託の継続買付を整合させた残余利益法による終価。

detail
内容を開く
方法

SBC_clean_surplus_residual_income_endogenous_fair_value_share_neutral_v3

終価の基準日

2036-11-06

forecast_2037_annual_parent_profit_after_sbc_oku
4.559297647
sustainability_haircut_multiplier
0.78
normalized_next_12m_profit_oku
3.556252165
parent_book_equity_terminal_oku
21.520574582
required_return
0.09
perpetual_reinvestment_supported_growth
0.012
residual_income_oku
2.4761620548076
group_fundamental_equity_value_oku
53.266241951328
old_cohort_remaining_fraction
0.938495235
cohort_terminal_value_oku
49.990114256831
method_notes

Correction: the original RI applied IFRS parent NI after SBC but omitted the recurring IAS32-equity recredit and funded market EBT acquisitions. The FY2037 equity bridge is E1=E0+normalized NI after expensed SBC+SBC capital credit -market employee trust cash purchases -sustainable dividends/corporate repurchases. At stable outside shares, bought shares equal grants; cash funding B=A*V1/X at fundamental post-year-end price; group intrinsic V=(NI+C-g*E)/(k-g+(A/X)*(1+g)). This is exactly E+(NI+C-B-k*E)/(k-g). The valuation for the original outside cohort is group intrinsic V * original remaining outside fraction, assuming all next-year EBT sales are pro rata at fair value and both sale cash and fewer remaining shares are respected. Beyond 2036 cash from employee trust sales is NOT added again to the terminal value. 2036 actual modeled EBT buys have already reduced book equity and shareholder shares, so not charged again. No market P/E or P/B multiple is used, no insurance investment asset double-counted. Zero-floor case is capital-stress/downside, not a financed going concern.

normalized_next_12m_distributable_earnings_after_market_EBT_funding_oku
4.4130137671876
sustainable_2037_distributable_cash_excluding_trust_purchases_oku
4.1547668722036
2037_required_purchase_funding_oku
0.36690113918243
2037_purchase_price_fundamental_gbp_assumed
18.09136892726
2037_share_scheme_equity_credit_oku
1.22366274137
2037_share_scheme_pnl_expense_oku
1.22366274137
2037_award_shares_assumed
2028045.2002147
terminal_book_growth_required_oku
0.258246894984
terminal_2037_nominal_COE_oku
1.93685171238
pre_v3_uncorrected_terminal_company_equity_value_oku
42.282118845
pre_v3_uncorrected_terminal_old_holder_value_oku
39.681567061

危機（確率 10.0%）

m_vol
-0.03
m_price
-0.01
uk_other_vol
0.01
uk_other_price
0
eu_vol
0.025
eu_price
-0.005
other_growth
0.015
loan_growth
0.015
claim_pp
内容を開く
1
0.09
2
0.14
3
0.19
4
0.17
5
0.14
6
0.11
7
0.09
8
0.08
9
0.07
10
0.065
11
0.065
efficiency
-0.012
reins_cost_mult
1.4
commission_haircut
0.48
loan_income_mult
0.93
loan_fund_cost_mult
1.3
ecl_mult
3.1
invest_yield_mult
0.85
div_policy
0.2
buyback_fraction
0
ebt_cash
0.48
award_shares
1600000
price_trend
-0.055
solv_risk_factor
1.22
terminal_g
0.005
terminal_norm
0.66
probability_basis

深い修理費インフレ・保険引受悪化・規制資本希薄化

確率の根拠

保険損害率、再保険、信用損失と規制資本に関する分析上の確率仮定。

このシナリオの数値・キャッシュフローを開く →

金額の単位

oku_GBP

未確認事項

1

2026-11-06 official exchange auction close not independently retrieved, independently archived close used

2

2026-11-06 EBT exact outstanding shares not publicly verified; initial assumed 3.3m, sensitivity provided

3

Nov4 repurchase announcement says following cancellation share count, not primary confirmation of 11/06 legal-effective cancellation

4

No 2026 Q3 IFRS balance released, equity and regulatory own funds are date-mismatched proxy

5

2026 H2 and later IFRS profit/claims cost and business volume and future special dividends are scenario assumptions

6

Forecast share-based employee awards and EBT purchases are modeled, actual employee vesting and future trustees unknown

7

Forecast SCR and ownfunds are simplified sensitivities, not a regulatory actuarial model

8

Equity methods ignore further OCI/deferred tax FX and loss-carryforward details, and no future acquisition or hybrid debt refinancing is explicitly forecast

9

No exchange rates applied: all GBP; European euro operations assumed translated into reported GBP and implicitly captured in scenario growth

10

Future ex dates and corporate action dates are scenario assumptions only. Actual RNS announcements or execution need immediate revalidation of financials and old cohort ownership; assumed dates have no confirmation status.

11

2036 forecast operating profit is not issuer-reported IFRS: issuer H1 classification is mirrored; -0.408 oku GBP annual scenario normalization is included within other operating expenses to preserve existing PBT reconciliation.

12

2037+ cash-neutral EBT replenishment assumes buy at end-of-period fair intrinsic share value rather than a traded forward price; actual price may differ markedly.

13

SBC equity credit is forecast to equal equity-settled SBC expenses; no future deferred tax equity credit modeled (2026 H1 realized £6.3m).

14

2037+ fixed stock award counts grow 1.2% annually and share-neutral EBT purchases are assumed sustainable; the company may change the scheme or funding mix.

15

Crisis terminal = 0 is a franchise going-concern stress value, not a documented asset-liquidation recovery. Negative distributable cash indicates inadequate capital, and share neutrality not financeable at any positive quoted price.

16

Regulatory capital including Solvency II eligible own funds does not mechanically equal IFRS equity and its projected ratio is only a sensitivity; 2037+ capital and dividend authorization uncertain.

分析基準とデータ

価格・単価
39.34
株価基準日

2026-11-06

株数
301798630
株価の出所

https://stockanalysis.com/quote/lon/ADM/history/

株数の出所

https://www.admiralgroup.co.uk/news-releases/news-release-details/transaction-own-shares-3

detail
価格・単価
内容を開く
日付

2026-11-06

close_pence
3934
close_gbp
39.34
currency

GBP

source_url

https://stockanalysis.com/quote/lon/ADM/history/

状態

independent_secondary_market_data

market_price_changes_no_predictive_input_to_terminal
はい
株数
内容を開く
published_shares_2026_06_30
306304676
published_shares_2026_10_30
305254676
cumulative_corporate_repurchase_shares_2026_09_30_to_2026_11_03
1206046
share_count_post_cancellation_per_2026_11_04_release
305098630
share_count_status

company_announced_post_cancellation_pro_forma; final effective date for cancellation not independently checked

treasury_shares_2026_11_04
0
ebt_unvested_shares_2026_06_30_exact
未確認
ebt_non_dividend_eligible_share_count_2026_06_30_approx
3304676
ebt_2026_11_06_assumed
3300000
ebt_latest_precise_count_verified
いいえ
excluded_from_dividends
はい
outside_ebt_shares_2026_11_06_estimate
301798630
old_holder_cohort_initial_shares
301798630
old_holder_cohort_definition

11/6時点、従業員信託を除く外部普通株主全体。将来の会社買戻し・EBT市場取得へ比例売却。株式交付・第三者増資には参加しない。全株主群が受け取る現金と残存持分は同じ群。

initial_old_cohort_mcap_oku
118.727581042
calculation

(305098630-3300000)*39.34/1e8

fully_diluted_future_2026_H1_weighted_shares
305604323
fully_diluted_not_issued_or_trust_stock

将来権利確定予定の株式報酬約374万株相当は外部株数や既存EBT在庫と同じではない

source_urls
1

https://www.admiralgroup.co.uk/news-releases/news-release-details/transaction-own-shares-3

2

https://admiralgroup.co.uk/share-capital

3

https://www.admiralgroup.co.uk/news-releases/news-release-details/half-year-financial-report

sensitivity_ebt_stock_at_cutoff_unknown
sensitivity_range_shares
1
2500000
2
4000000
initial_outside_shares_range
1
301098630
2
302598630
valuation_mcap_oku_range
1
118.452201042
2
119.042301042

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