Afp Habitat Sa · BCS:HABITAT
Afp Habitat Sa — Q3 2019 Earnings Presentation
19 slides from Afp Habitat Sa's earnings presentation, September 2019
Slide 1: Company Presentation Q3-2019 Results
Company Presentation Q3-2019 Results September 2019
Slide 2: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 5. Relevant Events 2
Slide 3: Key Indicators
Key Indicators Habitat Contributors [Q] Habitat Contributors Market share [%] Average Base Salary [clp] +1,3% -0,3% +9,0% 1.197.841 1.213.885 20,5% 20,1% 984.544 903.328 ago.-18 ago.-19 ago.-18 ago.-19 ago.-18 ago.-19 Total AUM [MM clp] APV AUM [MM clp] CAV AUM [MM clp] +18,5% +16,9% +16,2% 44.549.8
Slide 4: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 5. Relevant Events 4
Slide 5: Income Statements
Income Statements Current Exercise Last Exercise VAR % INCOME STATEMENT [M clp] Sep 2019 Sep 2018 [Q3 19 / Q3 18] Ordinary Revenues 162.464.228 145.892.872 11,4% Employee related Expenses (less) -37.415.747 -35.101.939 6,6% Other operating expenses (less) -27.482.582 -23.686.301 16,0% Depreciation a
Slide 6: Revenues Breakdown
Revenues Breakdown Current Exercise Last Exercise VAR VAR % Ordinary Incomes [MM clp] Sep 2019 Sep 2018 [Q3 19/ Q3 18] [Q3 19/ Q3 18] Total Fees Revenues 140.972 130.789 10.183 7,8% Fees form Mandatory Contributions[10] 129.232 120.032 9.200 7,7% Fees for APV 5.576 5.014 563 11,2% Fees for CAV 3.046
Slide 7: Operating Expenses Breakdown
Operating Expenses Breakdown Current Exercise Last Exercise VAR VAR % Employee Expenses [MM clp] Sep 2019 Sep 2018 [Q3 19/ Q3 18] [Q3 19/ Q3 18] Administrative Staff Wages and Salaries (15.567) (14.660) 907 6,2% Sales Staff Wages and Salaries (12.711) (11.277) 1.433 12,7% Short – term Employee Benef
Slide 8: Consolidated Balance
Consolidated Balance Current VAR % Current VAR % Last Exercise Last Exercise ASSETS [M clp] Exercise Sep [Q3 19 / Q4 LIABILITIES AND EQUITY [M clp] Exercise Sep [Q3 19 / Q4 Sep 2018 Sep 2018 2019 18] 2019 18] Cash and Equivalents 57.494.072 61.167.868 -6,0% Interest Bearing Loans Payable 3.130.407 3
Slide 9: Consolidated Results Evolution
Consolidated Results Evolution REVENUES [MM clp/ Year] EBITDAR [MM clp/ Year] +11,4% +11,9% 196.346 120.433 181.889 111.190 167.337 162.464 101.737 101.661 145.893 90.857 2016 2017 2018 sept.-18 sept.-19 2016 2017 2018 sept.-18 sept.-19 EBITDA [MM clp/ Year] NET PROFIT [MM clp/ Year] +57,4% +56,0% 1
Slide 10: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 5. Relevant Events 10
Slide 11: AFP Habitat: Real Return on Investment Chile
AFP Habitat: Real Return on Investment Chile 1st 2nd 3rd 4th 5th Date to 12 meses (%) 36 meses (%) 60 meses (%) A B C D E A B C D E A B C D E ago-19 0,07 3,42 9,81 14,29 13,5 4,71 5,06 5,97 6,27 5,81 3,09 3,6 4,49 4,74 4,36 abr-19 2,96 3,50 5,05 6,01 6,05 6,66 6,10 5,31 4,32 3,71 5,06 4,81 4,73 4,12
Slide 12: AFP Habitat: Return on Investment Peru
AFP Habitat: Return on Investment Peru 1st 2nd 3rd 4th 12 Months 36 Months 60 Months TIPO FONDO Habitat Integra Prima Profuturo Habitat Integra Prima Profuturo Habitat Integra Prima Profuturo TIPO 0 4,44 3,98 4,23 4,25 4,64 4,23 4,21 4,36 n/a n/a n/a n/a TIPO 1 13,10 9,97 12,03 11,08 8,46 6,55 7,40
Slide 13: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. AFP Habitat and Industry Overview 5. Relevant Events 13
Slide 14: Stock Performance: Our Stock has being stable since 2014
Stock Performance: Our Stock has being stable since 2014, and the reason why our Market Cap has decreased versus 2017, it´s because the Chilean peso it has been devalued before the US dollar. Stock Price [$ CLP] 925 910 938 910 935 1.000 814 800 800 610 600 696 630 400 200 365 2009 2010 2011 2012 20
Slide 15: 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 28,3%. Total Assets Under Management Market share $ CLP MM CAPITAL CUPRUM 44.549.800 19,4% 18,2% 38.744.480 30.458.892 28.691.155 24,6% 28,3% 9.138.993 PROVIDA 5.774.780 3,7% HABITAT 5,8% PLANVITAL MODE
Slide 16: Industry Overview: second AFP with bigger quantity of Contributors
Industry Overview: AFP Habitat it´s the second AFP with bigger quantity of Contributors, with a market share of 20,1%. Affiliates Contributors CAPITAL CAPITAL 14,9% PROVIDA CUPRUM 15,3% (1.625.035) 5,4% 24,1% (923.672) PROVIDA (588.161) (1.451.123) CUPRUM 27,0% 7,5% (2.955.231) (450.702) 17,9% HABIT
Slide 17: Industry Overview: second AFP that most increased base salary
Industry Overview: AFP Habitat was the second AFP that has most increased the base salary (4,0%) since December 2018. Average Salary Base [clp] 878.808 CAPITAL +5,4% 1.483.962 CUPRUM 984.544 865.562 933.679 984.544 HABITAT jun.-19 HABITAT 704.293 MODELO 590.543 PLANVITAL 2017 2018 jun.-19 679.017 PR
Slide 18: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. AFP Habitat and Industry Overview 5. Relevant Events 18
Slide 19: Relevant events realized during this third Quarter
Relevant events realized during this third Quarter. We are development a program for environmental protection We have launched a grant fund “Piensa en Grandes” We are part of the Dow Jones Sustainability Index 19