FirstRand — FY2006 Earnings Presentation

7 slides from FirstRand's earnings presentation, Sep 23, 2006

Slide 1: Annexure
Annexure
Slide 2: Strong growth in shareholders funds
Strong growth in shareholders funds R ’mil 2500 Capital appreciation R 884m 2000 Investment income on free assets EV profit 1500 Asset management R2 448m Experience 1000 Normalised earnings R1 564m 500 Existing business profit from VIF 0 New business strain -500 -1000 Shareholders net worth
Slide 3: Very strong growth in EV
Very strong growth in EV R1 250m R’ mil 16000 11% 15 554 15000 14 438 21% 14000 -9% 13000 11 856 12000 31% 11000 10000 9000 8000 June '05 Growth in Value of in- Sub-total Dividends paid June '06 shareholders force net worth
Slide 4: VIF growing strongly
VIF growing strongly R ’mil 3000 2500 Expected return 2000 Cost of capital 1500 Value of new business Growth in VIF 1000 R1 250m 500 Investment variations 0 -500 Profit transferred to shareholder value -1000 -1500 Value of inforce
Slide 5: Very strong growth in EV
Very strong growth in EV R’ mil 16000 14% 15 554 15000 +473 17% 14 438 14000 -473 -9% 13000 11 856 12000 11000 10000 9000 8000 June '05 Growth in Value of in- Sub-total Dividends paid June '06 shareholders force net worth
Slide 6: Annexure: Discovery
Annexure Q Discovery
Slide 7: Key financial metrics
Key financial metrics 5-year compound annual growth rates Gross inflows 30% New business 16% Operating profit before BEE 42% 37% Diluted HEPS before BEE 30% 11% Diluted EV per share 19% 80% 45% 2002 2003 2004 2005 2006 Operating profit before BEE expenses