Afp Habitat Sa · BCS:HABITAT
Afp Habitat Sa — Q3 2023 Earnings Presentation
17 slides from Afp Habitat Sa's earnings presentation, September 2023
Slide 1: Company Presentation Q3-2023 Results
Company Presentation Q3-2023 Results September 2023
Slide 2: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 2
Slide 3: Key Indicators
Key Indicators Habitat Contributors [Q] Habitat Contributors Market share [%] Average Base Salary [clp] -0,4% +9,8% -4,0% 17,4% 17,0% 1.360.546 1.238.683 sept-22 sept-23 sept-22 sept-23 sept-22 sept-23 Total AUM [MM clp] APV AUM [MM clp] CAV AUM [MM clp] +5,5% +0,7% -21,2% 41.052.704 43.328.504 1.70
Slide 4: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 4
Slide 5: Income Statements
Income Statements Current Exercise Last Exercise Dif % INCOME STATEMENT [M$ clp] Sep 2023 Sep 2022 Sep 23 / Sep 22 Ordinary Revenues 179.128.644 164.719.016 8,7% Employee related Expenses (less) -37.075.740 -32.018.119 15,8% Other operating expenses (less) -26.395.071 -24.860.372 6,2% Depreciation a
Slide 6: Revenues Breakdown
Revenues Breakdown Current Exercise Last Exercise VAR VAR % Ordinary Incomes [$MM clp] Sep 2023 Sep 2022 Sep 23/ Sep 22 Sep 23/ Sep 22 Total Fees Revenues 178.542 164.275 14.267 8,7% Fees form Mandatory Contributions[8] 165.446 150.302 15.144 10,1% Fees for APV 24 271 -247 -91,2% Fees for CAV 3.992
Slide 7: Operating Expenses Breakdown
Operating Expenses Breakdown VAR VAR % Current Exercise Last Exercise Employee Expenses [$MM clp] Sep 23/ Sep 23/ Sep 2023 Sep 2022 Sep 22 Sep 22 Administrative Staff Wages and Salaries -19.154 -17.097 2.057 12,0% Sales Staff Wages and Salaries -9.898 -7.849 2.049 26,1% Short – term Employee Benefit
Slide 8: Balance
Balance Current Last Exercise Dif % Sep 23 / ASSETS [M$ clp] Exercise Sep Sep 2022 Sep 22 2023 Cash and Equivalents 73.939.066 77.896.569 -5,1% Financial assets at fair value through profit or loss 30.746.002 0 n.a. Commercial Debtors and Accounts Receivables, Net 12.647.444 10.346.076 22,2% Advance
Slide 9: Financial Indicators
Financial Indicators REVENUES [MM clp/ Year] EBITDAR [MM clp/ Year] +8,7% 222.092 +8,7% 203.311 179.129 149.785 164.719 127.765 122.828 112.972 2021 sept-22 dic-22 sept-23 2021 sept-22 dic-22 sept-23 EBITDA [MM clp/ Year] NET PROFIT [MM clp/ Year] +18,9% 161.391 +15,1% 147.333 125.758 129.863 105.72
Slide 10: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 10
Slide 11: AFP Habitat: Real Return on Investment Chile
AFP Habitat: Real Return on Investment Chile Date 12 meses (%) 36 meses (%) To A B C D E A B C D E 1st 2nd 3rd 4th 5th 6th sept-23 -1,02 -0,41 0,11 -0,08 -0,08 -0,8 -1,17 -3,19 -4,25 -4,29 jul-23 -6,03 -4,46 -2,11 -0,29 0,10 0,25 -0,17 -2,06 -2,83 -2,66 abr-23 -13,53 -10,08 -5,06 -0,08 3,16 -1,37 0,
Slide 12: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. AFP Habitat and Industry Overview 12
Slide 13: Stock Performance
Stock Performance Stock Price [$ CLP] 925 910 938 910 1.000 814 800 742 800 670 610 600 696 506 466 484 630 400 200 365 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 09/23 Market Cap [$ USD Billions] 1,93 2,0 +45,4% 1,50 1,52 1,5 1,30 1,21 1,33 1,20 1,31 1,15 1,0 0,90 0,82 0,
Slide 14: Industry Overview: AFP Habitat managed the biggest amount of total Assets
Industry Overview: AFP Habitat managed the biggest amount of total Assets, with a market share of 28,0%. Total Assets Under Management (sep-2023) Market share UNO $ CLP MM PROVIDA 0,8% CAPITAL 43.328.504 19,6% 21,9% 33.935.134 30.331.587 28.715.873 PLANVITAL 4,9% 18,6% 6,3% CUPRUM 9.707.881 7.548.96
Slide 15: Industry Overview: AFP Habitat third AFP by quantity of Contributors
Industry Overview: AFP Habitat it´s the third AFP with bigger quantity of Contributors, with a market share of 17,0% at the end of September 2023. Affiliates Contributors UNO CAPITAL UNO CAPITAL 13,1% 14,2% CUPRUM (1.536.223) PROVIDA (819.353) PROVIDA 5,7% 5,0% CUPRUM (582.338) 21,8% 5,1% 6,9% 23,3%
Slide 16: Industry Overview: AFP Habitat has increased base salary 7,1% since December 2022
Industry Overview: AFP Habitat has increased in 7,1% the base salary since December 2022. Average Salary Base [clp] 1.246.147 CAPITAL +7,1% 1.938.031 CUPRUM 1.360.546 1.127.875 1.270.297 1.360.546 HABITAT HABITAT 955.660 MODELO 939.165 PLANVITAL 2021 2022 sept-23 966.455 PROVIDA 849.081 UNO +8,3% +8
Slide 17: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. AFP Habitat and Industry Overview 17