Grupo De Inversiones Suramericana S.a. · BVC:GRUPOSURA
Grupo De Inversiones Suramericana — Grupo SURA — Q2 2015 Earnings Presentation
27 slides from Grupo De Inversiones Suramericana's earnings presentation, 2015
Slide 1: 2Q 2015 Results Presentation
2Q 2015 RESULTS PRESENTATION GRUPO SURA 1
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 f
Slide 3: Agenda
AGENDA RESULTS PRESENTATION GRUPO SURA CONSOLIDATED RESULTS SURAMERICANA INSURANCE AND SOCIAL SECURITY SURA ASSET MANAGEMENT PENSIONS, SAVINGS AND ASSET MANAGEMET 3
Slide 4: Grupo SURA Consolidated Results
GRUPO SURA CONSOLIDATED RESULTS 2T 4
Slide 5: Statement of Financial Position
ESTATEMENT OF FINANCIAL POSITION Consolidated ASSETS INVESTMENTS IN RELATED COMPANIES dic.-14 47.8 dic.-14 17.5 0.1% -11.4% jun.-15 47.9 jun.-15 15.5 LIABILITIES EQUITY ATTIBUTABLE TO PARENT COMPANY dic.-14 22.4 dic.-14 22.1 7.1% -7.1% jun.-15 24.0 jun.-15 20.6 Figures in COP billion 5
Slide 6: Financial Debt
STATEMENT OF COMPREHENSIVE INCOME Financial DEBT FINANCIAL LIABILITIES dic.-14 4.1 6.0% jun.-15 4.4 BREAKDOWN BY TYPE OF DEBT DEBT BREAKDOWN BY COMPANY Preferred dividends Derivatives 4.4% 4.7% Other subsidiaries 0.8% Suramericana 6.0% Banks and repos 22.9% Grupo SURA 44.0% SURA AM 49.2% Bonds 68.1%
Slide 7: Statement of Comprehensive Income
STATEMENT OF COMPREHENSIVE INCOME Consolidated ICONSOLIDATED REVENUES EQUITY METHOD 6.5B 8,000 8.0% 7,000 jun.-14 611.6 169.4 548.6 -13.2% 133.0 6,000 960.7 1,050.4 jun.-15 530.9 5,000 849.9 950.2 4,000 895.6 3,000 NET INCOME 2,000 3,345.6 4,025.9 jun.-14 1,462.2 1,000 -42.4% - jun.-14 jun.-15 jun.-
Slide 8: Statement of Comprehensive Income: Net Income
STATEMENT OF COMPREHENSIVE INCOME Net income 1,600 , 00 338,675 1,462,242 1,400 , 00 1,200 , 00 1,123,567 1,000 , 00 942,604 101,078 841,526 800 , 00 600 , 00 400 , 00 200 , 00 - 2014 Net Dividends 2014 Recurring 2015 Recurring Wealth tax 2015 Net income net income net income income Upon eliminating
Slide 9: Shareholders
SHAREHOLDERS SHAREHOLDERS (COMM+PREF) SHAREHOLDERS (COMM) 10.3% 8.4% Grupo Argos and subsidiaries 5.3% 3.9% 30.3% Grupo Nutresa 36.7% Colombian Pension Funds 16.8% 17.9% International Funds Retail Investors 10.3% Institutional Investors 21.6% 25.8% 12.7% Outstanding Ord. Shares: 469,037,260 Outstand
Slide 10: Stock Evolution
STOCK EVOLUTION 115 110 105 100 95 92.8 90 91.5 85 80 78.04 75 70 jun.-14 ago.-14 oct.-14 dic.-14 feb.-15 abr.-15 jun.-15 PFGRUPSURA GRUPOSURA COLCAP 2015/06/30 % Annual Var * % YTD Var.** 2014/12/31 2014/06/30 GRUPOSURA (Pesos) 37,020 -7.2% -7.5% 40,000 39,900 PFGRUPSURA (Pesos) 36,400 -8.5% -7.8%
Slide 11: Investment Portfolio
INVESTMENT PORTFOLIO Other 0.4% Grupo Argos 16.3% Bancolombia 28.5% 24.0 Grupo Nutresa 15.5% COP BILLON* JUNE 2015 Suramericana 15.5% Sura Asset Management 23.8% Including their commercial value pursuant to accountant standards and the stakes held in Grupo de Inversiones Suramericana and affiliates
Slide 12: Suramericana Consolidated Results
SURAMERICANA CONSOLIDATED RESULTS 2T 12
Slide 13: Suramericana Consolidated Figures
SURAMERICANA Consolidated figures TOTAL PREMIUMS TOTAL REVENUES jun.-14 2,269.1 jun.-14 3,020.6 15.0% 16.4% jun.-15 2,608.8 jun.-15 3,517.4 1,50.0 2,00.0 2,50.0 3,00.0 3,50.0 ADMINISTRATIVE EXPENSE NET INCOME jun.-14 494.5 jun.-14 199.3 15.3% 4.3% jun.-15 570.0 jun.-15 207.8 24 0.0 29 0.0 34 0.0 39
Slide 14: Life Insurance Segment: Main Figures
LIFE INSURANCE SEGMENT Main figures TOTAL PREMIUMS INVESTMENT INCOME jun.-14 1,454.5 jun.-14 214.6 13.2% 8.0% jun.-15 1,647.2 jun.-15 231.9 50 0.0 70 0.0 90 0.0 1,10.0 1,30.0 1,50.0 1,70.0 25 .0 75 .0 12 5.0 17 5.0 22 5.0 ADMINISTRATIVE EXPENSE NET INCOME jun.-14 234.4 jun.-14 238.1 8.7% 22.9% jun.-
Slide 15: Life Insurance Segment: Premiums and Claims Ratio
LIFE INSURANCE SEGMENT Premiums and claims ratio Premiums Retained Premiums Retained Claims Ratio jun-15 %Var jun-15 %Var jun-15 jun-14 Life 276,205 12.9% 232,582 10.0% 20.7% 26.3% Group Life 224,767 15.8% 220,675 16.8% 31.8% 38.1% Pension 297,382 5.5% 285,328 5.4% 91.7% 91.3% Health 344,454 15.5% 3
Slide 16: Non-Life Insurance Segment: Main Figures
NON-LIFE INSURANCE SEGMENT Main figures TOTAL PREMIUMS INVESTMENT INCOME jun.-14 826.6 jun.-14 52.4 18.0% 1.6% jun.-15 975.6 jun.-15 53.2 200 .0 300 .0 400 .0 500 .0 600 .0 700 .0 800 .0 900 .0 1,0 00.0 32.0 37.0 42.0 47.0 52.0 Millares Millares ADMINISTRATIVE EXPENSE NET INCOME jun.-14 135.2 jun.-1
Slide 17: Non-Life Insurance Segment: Premiums and Claims Ratio
NON-LIFE INSURANCE SEGMENT Premiums and claims ratio Premiums Retained Premiums Retained Claims Ratio jun-15 %Var jun-15 %Var jun-15 jun-14 Auto 379,911 20.3% 363,103 20.5% 62.9% 67.9% Fire 198,662 7.6% 36,918 16.2% 29.9% 19.6% Mandatory road accident 143,467 19.2% 120,997 18.3% 52.1% 54.4% Other 25
Slide 18: Health Care Segment: Main Figures
HEALTH CARE SEGMENT Main figures TOTAL PREMIUMS INVESTMENT INCOME jun.-14 28.4 jun.-14 819.1 24.3% 1.6% jun.-15 28.9 jun.-15 1,018.5 2.0 7.0 12 .0 17 .0 22 .0 27 .0 32 .0 100.0 300.0 500.0 700.0 900.0 1,100.0 Millares ADMINISTRATIVE EXPENSE NET INCOME jun.-14 11.3 jun.-14 109.0 8.8% jun.-15 -3.2 jun
Slide 19: Health Care Segment: Premiums and Claims Ratio
HEALTH CARE SEGMENT Premiums and claims ratio Prestación de servicios Costo prestación de servicios Siniestralidad jun-15 %Var jun-15 %Var jun-15 jun-14 EPS 782,589 27.0% 748,347 31.0% 95.6% 92.7% IPS 150,598 17.5% 105,396 21.1% 70.0% 67.9% Dinámica 85,318 14.3% 58,845 11.0% 69.0% 71.1% Total 1,018,
Slide 20: SURA Asset Management Consolidated Results
SURA ASSET MANAGEMENT CONSOLIDATED RESULTS 2T 20
Slide 21: SURA Asset Management Consolidated Figures
SURA ASSET MANAGEMENT Consolidated figures COMMISSION INCOME TOTAL REVENUES jun.-14 691.2 jun.-14 1,959.0 21.0% 19.7% jun.-15 836.4 jun.-15 2,344.7 0.0 10 0.0 20 0.0 30 0.0 40 0.0 50 0.0 60 0.0 70 0.0 80 0.0 90 0.0 50 0.0 70 0.0 90 0.0 1,10.0 1,30.0 1,50.0 1,70.0 1,90.0 2,10.0 2,30.0 2,50.0 OPERATIN
Slide 22: Mandatory Pension: Main Figures
MANDATORY PENSION Main figures COMMISSION INCOME ENCAJE 16.6% 26.7% 17.8% 24.8% -38.9% -84.2% 44.5% 8.4% 326,630 50,988 249,579 257,855 214,112 171,298 31,133 27,743 145,368 15,024 10,398 23,803 29,714 4,374 1,630 1,767 Chile México Perú Uruguay Chile México Perú Uruguay jun-14 jun-15 %Var jun-14 ju
Slide 23: Mandatory Pension: Market Figures
MANDATORY PENSION Market figures ASSETS UNDER MANAGEMENT FUND MEMBERSHIP (MM) (COP BILLON) 9.4% 11.2% 10.8% 15.4% 11.3% 8.2% -2.6% -0.3% -0.9% 2.8% 4.3% 5.2% 6.2 6.2 85.0 77.7 60.1 62.0 3.8 4.0 54.0 55.7 36.5 40.4 1.8 1.8 2.0 2.0 1.3 1.4 9.4 10.1 4.5 5.1 0.3 0.3 Chile México Perú Uruguay Colombia El
Slide 24: Voluntary Savings Segment: Main Figures
VOLUNTARY SAVINGS SEGMENT Main figures COMMISSION INCOME OPERATING AND ADMINISTRATIVE EXPENSE 62.6% 5.3% 0.9% 323.9% 37.4% 122.2% 31.0% 47.7% 30,820 29,249 24,840 22,118 23,297 21,290 18,957 11,178 6,989 3,890 3,924 5,337 3,678 373 2,491 88 Chile México Perú Uruguay Chile México Perú Uruguay jun-14
Slide 25: Voluntary Savings Segment: Market Figures
VOLUNTARY SAVINGS SEGMENT Market figures ASSETS UNDER MANAGEMENT CLIENTS (COP THOUSAND MILLON) (THOUSAND) 43.5% 22.9% -2.2% 222.3% 6.5% 5.1% 27.1% 128.3% 218.2% 2.6% 24 7.0% 371 10 , 00 9,087 353 262 269 19 7.0% 8,00 7,396 6,045 4,8435,157 14 70 .% 6,00 4,212 97 .0 % 137 108 4,00 47 .0 % 2,00 971 95
Slide 26: Insurance Segment: Main Figures
INSURANCE SEGMENT Main figures TOTAL PREMIUMS ADJUSTMENTS TO RESERVES 44.5% 39.9% 20.7% 52.1% 19.5% 4.3% 80 0 733 70 0 647 70 0 60 0 60 0 507 426 50 0 50 0 40 0 40 0 30 0 30 0 198 183 20 0 141 152 20 0 127 143 149 10 0 106 10 0 0 0 Chile México Perú Chile México Perú jun-14 jun-15 %Var jun-14 jun-15
Slide 27: www.gruposura.com.co
www.gruposura.com.co CEO: DAVID BOJANINI CFO: IGNACIO CALLE IR Director: JUAN CARLOS GOMEZ IR Specialist: MARIA ADELAIDA OCHOA E-mail: ir@gruposura.com.co Phone: (574) 4355941 GRUPO SURA App Para dispositivos móvil (App Store – Google Play) 27