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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