PPS
INTEGRATED REPORT 2018
86
ALLOCATION TO SPECIAL BENEFIT ACCOUNTS
The following investment allocations (note 1) for 2018 were made to the Special Benefit Accounts:
2018
2017
PPS Insurance
R'000
R'000
PPS BEE investment (losses)/gains
(6 162)
10 973
Investment income and (losses)/gains
(727 347)
2 214 846
PPS Vested Profit-Share investment income and (losses)/gains
(11 510)
35 596
Total allocated
(745 019)
2 261 415
2018
2017
PPS Namibia
N$'000
N$'000
Total allocated
(76 098)
99 586
Note 1 – Investment return allocated to policyholders’ Special Benefit Accounts as a percentage of the PPS Profit-Share Account at the
beginning of the year.
ALLOCATION TO APPORTIONMENT ACCOUNTS
The allocations at 31 December 2018 to policyholders’ Apportionment Accounts are set out as follows:
2018
2017
PPS Insurance
R'000
R'000
Total investment income allocation
305 315
261 489
PPS Sickness and Permanent Incapacity Benefit
Ordinary (Full)
436 210
509 436
Ordinary (Reduced)
2 327
4 606
Supplementary A
97 023
87 123
Supplementary B
2 478
3 165
Deferred
80 968
68 961
Accident
2 933
3 317
Hospital benefits
Ordinary (Full)
33 116
38 960
Ordinary (Reduced)
257
484
Supplementary A
10 387
9 231
Supplementary B
273
346
Accident
886
1 031
INVESTMENT RETURNS
AND PROFIT ALLOCATION
TO POLICYHOLDERS’ PPS
PROFIT-SHARE ACCOUNT
(continued)
for the year ended 31 December 2018