FirstRand — H1 2006 Earnings Presentation

8 slides from FirstRand's earnings presentation, February 2006

Slide 1: FirstRand unaudited results for the six months ended 31 December 2005
financial services FIRSTRAND unaudited results for the six months ended 31 December 2005
Slide 2: Agenda
Agenda Overview The numbers Operating performance Prospects
Slide 3: Overview
overview (&) FIRSTRAND
Slide 4: Sustained structural shift
Sustained structural shift We continue to benefit from a sustained structural shift • Economic stability • High growth • Low interest rates • Lower inflation
Slide 5: Rand rate, inflation, prime rate and real GDP growth
2 3 4 5 effective rand rate 6 7 8 9 10 11 12 cpi/cpix inflation rate 10 8 26 6 24 22 prime overdraft rate 4 20 2 18 16 14 12 10 5 real GDP growth (%) 4 3 2 1 0 94 95 96 97 98 99 00 01 02 03 04 05 06
Slide 6: Confidence at all time high
Confidence at all time high RMB/BER business 100 confidence index 80 60 Confidence neutral 40 20 0 94 95 96 97 98 99 00 01 02 03 04 05 06
Slide 7: How did this affect the banking businesses?
How did this affect the banking businesses? Strong growth in retail advances Strong growth in transaction volumes Excellent performance from equity businesses Margin pressure Competitive pressures
Slide 8: How did this affect the insurance businesses?
How did this affect the insurance businesses? Strong retail new business growth Increase in asset management profits • Equity market growth • Retail product inflows Savings pool (low savings rate) Margin pressure (value for money)