Grupo de Inversiones Suramericana S.A. · BVC:GRUPOSURA

Grupo de Inversiones Suramericana — Q3 2012 Earnings Presentation

24 slides from Grupo de Inversiones Suramericana's earnings presentation, 2012

  1. Slide 1: Quarterly Overview Third Quarter 2012

    Quarterly Overview Third Quarter 2012

  2. Slide 2: Disclaimer

    Disclaimer The forward-looking statements contained herein are based on Management’s current forecasts and outlook. For better illustration and decision-making, figures for Suramericana, SURA Asset Management and its subsidiaries are administrative rather than accountant, and therefore may differ fr

  3. Slide 3: Content

    Content Financial Review Portfolio’s Main Figure

  4. Slide 4: Financial Review

    Financial Review Individual figures in million COP as of September 30, 2012, for this period are not comparable over previous periods given the acquisition of ING Latin-American assets in December 2011.

  5. Slide 5: Balance Sheet

    Balance Sheet Quarters sep 12 / sep 12 / sep-12 sep-11 dic-11 sep 11 dic 11 Assets Current assets: Cash and cash equivalents $ 4,914 21,805 272,426 (77.5%) (98.2%) Investments available for sale 437 22,989 20,606 (98.1%) (97.9%) Accounts receivable 331,135 506,424 912,711 (34.6%) -63.7% Prepaid expe

  6. Slide 6: Income Statement

    Income Statement Quarter Accumulated Var Q3-12 / Var Q3-12 / Q3-12 Q3-11 Q2-12 Q3-11 Q2-12 Q3-12 Q3-11 %Var Operating revenues Dividends 54,766 63,706 79,238 (14.0%) (30.9%) 198,727 196,766 1.0% Interests 206 1,917 453 (89.2%) (54.4%) 2,797 9,013 (69.0%) Earnings from the equity method, net 132,120

  7. Slide 7: GRUPOSURA Shareholders

    GRUPOSURA SHAREHOLDERS 7.5% 3.3% Grupo Argos 32.2% Grupo Nutresa 8.1% Pension Funds 436 11.8% International International Funds funds Retail Investors Institutional Investors 10.3% Others (NGOs and Local Funds) 26.8% Outstanding Ord. Shares: 469,037,260 Outstanding Pref. Shares: 106,334,963 Total ou

  8. Slide 8: Stock Price (COP)

    GRUPOSURA GRUPOSURA Stock Price (COP) PFGRUPSURA GRUPOSURA 30-sep-12% Annual 30-jun-12 % Var Annual* Var* % Var.% Var. YTD ** YTD ** 31-dec-11 31-dic-11 30-jun-11 30-sep-11 GRUPOSURA (Pesos) GRUPOSURA (Pesos) 30,440 30,900 -8.3% -18.3% -2.1% -0.6% 31,10031,10037,800 33,200 PFGRUPSURA PFGRUPSURA (Pes

  9. Slide 9: Investments Portfolio

    Investments Portfolio NOTE: Considering Suramericana at 2x P/BV and Protección Other 0.7% at market price, the Grupo Argos Sura Asset valuation for Suramericana has to 20.3% Management be calculated by the different investors and 20.1% analysts Estimated relative Including their commercial value wei

  10. Slide 10: Portfolio's Main Figures

    Portfolio’s Main Figures Sura Dow Jones. r ( Sustainability Indexes Member 2( 1012/13

  11. Slide 11: Sura Asset Management

    Sura Asset Management Company N’ 1 In Retirement in Latin America MEXICO Afore SURA: # Clients 6,233,714 AuM Clients: USD 19.4 Bn MS 14% WM: AuM USD 0.2 Bn Other AuM: USD 3.1 Bn WY # Clients 11,397,313 COLOMBIA ~ “ AFP ING: #Clients 1,299,675 AuM Clients: USD 7.9 Bn MS 12% WM: AuM USD 0.3 Bn ($) ee

  12. Slide 12: Sura Asset Management Main Figures

    Sura Asset Management Main Figures Sura AM USD Millions (Consolidated) EBITDA stake of the total Assets USD 5,906 Equity USD 3,694 Operating Revenue USD 853 Net Income USD 131 EBITDA Sura AM Sum Million USD of Countries CHILE 115.7 MEXICO 98.4 PERU 54.5 COLOMBIA 14.1 URUGUAY 10.3 SURA Asset Manageme

  13. Slide 13: Sura Asset Management: Market share

    Sura Asset Management: Market share Chile #3 México # 3 Perú # 2 MS Base Salary jun-12 MS MPF ago-12 MS Fees ago-12 3.4% 2.5% Banamex 15.4% Provida AFP 17.3% 23.7% Bancomer 32.0% 17.6% 29.3% AFP Habitat Prima AFORE Sura AFP Capital AFP Integra 15.2% XXI Cuprum AFP 5.5% 24.4% Horizonte Profuturo AFP

  14. Slide 14: Suramericana: Insurance and Social Security Investment sub-holding

    Suramericana: Insurance and Social Security Investment sub-holding MAIN FIGURES 30-sep-12 30-sep-11 % Var. Total assets 1,959.7 1,624.6 20.6% Current assets 20.4 23.4 -12.9% Investments 1,939.4 1,601.3 21.1% Total liabilites 224.9 225.8 -0.4% Shareholders' equity 1,734.7 1,398.8 24.0% Operating inco

  15. Slide 15: Suramericana: Insurance and Social Security Investment sub-holding

    Suramericana: Insurance and Social Security Investment sub-holding Breakdown of affiliate contributions to SURAMERICANA´S total revenues (September 30, 2012) Suramericana 22.5% 30-sep-12 30-sep-11 % Var. Other (23) 30.3% Life 1,258,165 1,086,050 15.8% Property and Casualty 974,349 837,186 16.4% Heal

  16. Slide 16: Seguros Generales Suramericana: (P&C Company)

    Seguros Generales Suramericana: (P&C Company) MAIN FIGURES RATIOS 30-sep-12 30-sep-11 % Var. 30-sep-12 30-sep-11 Written premiums 974.3 837.2 16.4% Claims ratio 44.2% 48.6% Retained premiums 640.6 566.7 13.1% Net claims ratio 52.1% 52.8% Claims -431.1 -406.9 5.9% Commission and brokerage expenses ra

  17. Slide 17: Written premiums and claims by branches

    Written premiums and claims by branches sep-12 % Var. sep-12 % Var. sep-12 P&C INSURANCE Producción Written premiums Siniestros Claims %%Siniestralidad Gross claims Automobile 395,928 9.0% 260,166 14.6% 65.7% SOAT 145,361 21.1% 48,457 41.6% 33.3% Fire 196,281 21.7% 46,976 -7.0% 23.9% Transport 35,72

  18. Slide 18: Seguros de Vida Suramericana: Life Company

    Seguros de Vida Suramericana: Life Company MAIN FIGURES RATIOS 30-sep-12 30-sep-11 % Var. 30-sep-12 30-sep-11 Written premiums 1,258.2 1,086.1 15.8% Claims ratio 61.0% 61.4% Retained premiums 1,216.8 1,046.0 16.3% Net claims ratio 61.8% 62.9% Claims -767.7 -666.9 15.1% Commission and brokerage expen

  19. Slide 19: Written premiums and claims by branches

    Written premiums and claims by branches sep-12 % Var. sep-12 % Var. sep-12 LIFE INSURANCE Producción Written premiums Siniestros Claims %%Siniestralidad Gross claims Individual life 350,300 9.1% 112,463 19.2% 32.1% Health 326,722 17.0% 226,860 12.6% 69.4% Group life insurance 202,910 33.1% 71,663 6.

  20. Slide 20: ARP Sura: Workers' Compensation Company

    ARP Sura: Workers’ Compensation Company MAIN FIGURES RATIOS 30-sep-12 30-sep-11 % Var. 30-sep-12 30-sep-11 % Var. Written premiums 421.6 351.8 19.8% Accident rate 4.1% 4.1% Claims -137.2 -118.4 15.9% Severity rate 0.4% 0.4% Total reserves -83.7 -80.0 4.6% Days out of work 815,548 788,058 3.5% Direct

  21. Slide 21: EPS Sura: Health Company

    EPS Sura: Health Company MAIN FIGURES 30-sep-12 30-sep-11 % Var. Grupo Revenues 713.9 600.1 19.0% Saludcoop 25.7% Claims -649.5 -539.8 20.3% Other (18) 33.7% Direct operational result 49.9 46.7 6.7% Operational expenditures -59.8 -53.0 12.9% Net operational result -10.0 -6.2 59.5% Investments Result

  22. Slide 22: Proteccion: Management of pension funds

    Proteccion: Management of pension funds MAIN FIGURES FUNDS 30-sep-12 30-sep-11 % Var. 30-sep-12 30-sep-11 % Var. Operating income 208,414.9 210,671.6 -1.1% Mandatory Pension Fund Afilliates (thousand) 2,276 2,082 9.3% Comissions and fees 193,658.8 202,808.6 -4.5% Fund value 30,151 25,573 17.9% Sever

  23. Slide 23: Bancolombia (Individual): Universal bank

    Bancolombia (Individual): Universal bank MAIN FIGURES MAIN INDIVIDUAL RATIOS 30-sep-12 30-sep-11 % Var. INDEXES Interest revenues 2,345.8 1,713.5 36.9% Return indexes (individual) sep-12 sep-11 Interest expenses 504.7 324.5 55.6% Net interest margin 7.1% 6.4% Net interest revenues 1,555.4 1,189.0 30

  24. Slide 24: www.gruposura.com.co

    www.gruposura.com.co CFO: Ignacio Calle Investment Managing Director: Maria Adelaida Tamayo IR: Luis Eduardo Martínez E-mail: ir@gruposura.com.co Teléfono: (574) 4355941

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