AMP (ASX:AMPHA.PFD) Other Expense : A$-328.00 Mil (As of Dec. 2023)

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What is AMP Other Expense?

AMP's Other Expense for the six months ended in Dec. 2023 was A$-189.00 Mil. Its Other Expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-328.00 Mil.

AMP Other Expense Historical Data

The historical data trend for AMP's Other Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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AMP Other Expense Chart

AMP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Expense

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5,479.00

691.00

1,017.00

293.00

-328.00

AMP Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Expense	Get a 7-Day Free Trial															1,638.00	163.00	130.00	-139.00	-189.00

AMP Other Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For insurance companies, GuruFocus lists Selling, General, & Admin. Expense, Net Policyholder Benefits/Claims, Policy Acquisition Expense, Interest Expense (Positive) and Other Expense under the "Total Expenses" sections.

Other Expense incurred by insurance companies sometimes includes:
Underwriting Expenses
Fees and Commission Expense
Impairment Of Capital Assets
WriteOff
Other (too numerous to list)
Some insurance companies can do choose to report each of these items separately. Yet, there are a variety of other expense which are simply too numerous to list.

Other Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-328.00 Mil.

AMP Other Expense Related Terms

Thank you for viewing the detailed overview of AMP's Other Expense provided by GuruFocus.com. Please click on the following links to see related term pages.

AMP (ASX:AMPHA.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AMP Ltd (ASX:AMPHA.PFD) » Definitions » Other Expense

Traded in Other Exchanges

AMLTF:USA AMP:Germany AMP:Australia

Address

50 Bridge Street, AMP Building, Sydney, NSW, AUS, 2000

Website

https://www.amp.com.au

At its roots, AMP is a wealth manager, providing financial advice via Australia's second-largest network of aligned financial advisors. It has a vertically integrated business model: AMP advisors can invest client funds into superfunds and non-super investments manufactured by AMP through the firm's own platforms, though advisors are free to recommend non-AMP products and third party platforms to their clients. The firm also has a small wealth presence in New Zealand with about 72 advisors. In addition, AMP also has a retail banking business focused on deposit taking and residential mortgages.

AMP (ASX:AMPHA.PFD) Headlines

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