Grupo De Inversiones Suramericana S.a. · BVC:GRUPOSURA
Grupo De Inversiones Suramericana — Q2 2014 Earnings Presentation
22 slides from Grupo De Inversiones Suramericana's earnings presentation, 2014
Slide 1: Quarterly Overview Second Quarter 2014
Quarterly Overview Second Quarter 2014
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 fr
Slide 3: Content
Content Financial Review Annexes
Slide 4: Financial Review
Financial Review SUG MEMBER OF Dow Jones Sustainability Indices In Collaboration with RobecoSAM «®
Slide 5: Balance Sheet
Balance Sheet Main Figures Liabilities (COP billions) -21.0% 80.7% 1.7 1.4 1.4 0.8 QoQ YTD Shareholder's Equity (COP billion) 5.5% 8.6% 22.0 22.0 20.9 20.3 QoQ YTD 5 5
Slide 6: Income Statement
Income Statement Main Figures Operational Revenues (COP Million) Equity Method (COP Million) 24.1% 161.9% 330,099 397,393 493,243 126,053 2013 2013 2014 2014 Net Income (COP Million) 19.2% 349,430 416,465 2013 2014 6 6 6
Slide 7: Shareholders
Shareholders 10.6% Grupo Argos and subsidiaries 5.8% 31.4% Grupo Nutresa 15.7% Colombian Pension Funds International Funds Retail Investors 10.3% Institutional Investors 26.2% Outstanding Ord. Shares: 469,037,260 Outstanding Pref. Shares: 106,334,963 Total outstanding shares: 575,372,223 Market Cap
Slide 8: Stock Evolution
Stock Evolution 42,000 40,000 38,000 36,000 34,000 32,000 30,000 28,000 26,000 jun.-13 ago.-13 oct.-13 dic.-13 feb.-14 abr.-14 jun.-14 PFGRUPSURA GRUPOSURA 30-jun-14 % Annual Var * % YTD Var.** GRUPOSURA (Pesos) 39,900 6.7% 18.4% PFGRUPSURA (Pesos) 39,800 4.9% 13.8% COLCAP (Points) 1,706 5.6% 6.2% *
Slide 9: Investments Portfolio
Investments Portfolio June 2013 June 2014 +12% COP 22.7 COP 25.4 billones billones Pensions 22.5% Including their commercial value pursuant to accountant standards and the stakes held in Grupo de Inversiones Suramericana and afiliates NOTE: 9 Considering Suramericana at 2x P/BV and SURA Asset Manage
Slide 10: Suramericana: Revenues per Subsidiaries
Suramericana Revenues per Subsidiaries Breakdown of affiliate contributions to SURAMERICANA´S total revenues (June 30, 2014) Revenues per Subsidiary Q2 14 Q2 13 % Var YoY Sura mericana 22.3% Life Insurance 1,013,393 891,253 13.7% Other 31.0% Property and Casualty 674,176 640,019 5.3% EPS SURA 615,92
Slide 11: Suramericana: Individual Figures
Suramericana: Individual FIgures Suramericana Individual FS (COP Q2 14 Q2 13 % Var. YoY Million) Total assets 2,233,922 2,033,852 9.8% Current assets 95,627 110,346 -13.3% Investments 2,138,252 1,923,613 11.2% Total liabilites 97,513 119,591 -18.5% Shareholders' equity 2,136,782 1,914,313 11.6% Oper
Slide 12: Seguros Generales Suramericana (P&C Company)
Seguros Generales Suramericana: (P&C Company) MAIN FIGURES Q2 14 Q2 13 % Var. YoY RATIOS Q2 14 Q2 13 Written premiums 674.2 640.0 5.3% Claims ratio 47.8% 56.6% Retained premiums 461.7 448.6 2.9% Net claims ratio 55.6% 55.0% Claims -322.2 -362.3 -11.0% Commission expenses ratio 11.6% 11.1% Retained c
Slide 13: Written premiums and claims by branches
Written premiums and claims by branches Retained % Retained % Retained Premiums and Claims Premiums % Var YoY Premiums % Var YoY Claims Ratio Claims Ratio (COP Millon) 2Q 14 2Q 14 2Q 14 2Q 13 Automobile 263,558 0.6% 252,735 0.8% 65.3% 66.4% SOAT 120,385 5.2% 101,780 0.3% 55.9% 49.5% Fire 134,945 8.5
Slide 14: Seguros de Vida Suramericana: Life Company
Seguros de Vida Suramericana: Life Company MAIN FIGURES Q2 14 Q2 13 % Var. YoY RATIOS Q2 14 Q2 13 Written premiums 1,013.4 891.3 13.7% Claims ratio 64.5% 70.2% Retained premiums 983.8 862.8 14.0% Net claims ratio 61.3% 63.7% Claims -653.8 -625.2 4.6% Commission expenses ratio 9.3% 9.8% Retained clai
Slide 15: Written premiums and claims by branches
Written premiums and claims by branches Retained % Retained % Retained Premiums and Claims Premiums % Var YoY Premiums % Var YoY Claims Ratio Claims Ratio (COP Millon) 2Q 14 2Q 14 2Q 14 2Q 13 Health 292,045 15.2% 292,045 15.2% 65.0% 64.2% Individual life 220,606 13.7% 195,234 13.9% 27.8% 43.7% Group
Slide 16: ARL Sura: Workers' Compensation Company
ARL Sura: Workers’ Compensation Company MAIN FIGURES Q2 14 Q2 13 % Var. YoY Other (4) 7.3% Written premiums 374.5 315.6 18.7% Li berty 5.3% ARL SURA 30.0% Claims -117.4 -104.7 12.1% Bol iva r 6.3% Total reserves -75.1 -62.2 20.7% Direct operational result 80.4 73.5 9.4% Operational expenditures -47.
Slide 17: EPS Sura: Health Company
EPS Sura: Health Company MAIN FIGURES Q2 14 Q2 13 % Var. YoY Revenues 615.9 512.8 20.1% Grupo Claims -573.8 -469.5 22.2% Sa l udcoop Direct operational result 32.9 34.6 -4.9% 26.0% Operational expenditures -44.7 -40.9 9.3% Other (18) Net operational result -11.8 -6.3 88.0% 32.6% Investments Result 1
Slide 18: Sura Asset Management: Company Nº1
Sura Asset Management Company Nº1 IN PENSION FUNDS IN LATIN AMERICA WITH EXPERTISE IN SAVINGS AND INVESTMENTS 17.1 MILLION CLIENTS 123 BILLION IN ASSETS UNDER MANAGEMENT 9,414 EMPLOYEES AFP Proteccion and Crecer are not controlled by SURA Asset Management 18 18
Slide 19: Sura Asset Management: Market Figures
Sura Asset Management Market Figures El Salvador Uruguay 3% 2% 45.0 AUM (USD billion) Perú 40.0 38.1 14% Chile 35.0 32.8 32.3 31% 28.3 29.3 30.0 24.1 25.0 20.0 17.7 15.0 11.7 México 10.0 24% 3.3 3.6 5.0 1.7 2.0 - Chile Colombia México Perú El Salvador Uruguay Colombia Q2 2013 Q2 2014 26% Uruguay El
Slide 20: Sura Asset Management: Individual Income Statement
Sura Asset Management Individual Income Statement Income Statements (COP Millions) 2T 14 2T 13 EBITDA Earnings from the equity method 315,066 197,053 Colombia Dividends 24,588 - 17.9% Other 3,264 396 Revenues 342,918 197,450 Uruguay Chile Payroll expenses 6,499 3,608 30.1% 2.8% Fees 7,322 7,391 Admi
Slide 21: Sura Asset Management: Market share
Sura Asset Management Market share Sura Asset AUM AFPS Management per Industry Market Share Ranking SURA Country México 23,208 162,758 14.3% #3 Chile 34,180 161,919 21.1% #3 Perú 15,177 36,756 41.3% #1 Colombia 29,973 81,290 36.9% #2 Uruguay 1,892 10,398 18.2% #2 El Salvador 3,497 7,508 46.6% #2 Tot
Slide 22: www.gruposura.com.co
www.gruposura.com.co CEO: David Bojanini CFO: Ignacio Calle IR Director: Luis Eduardo Martínez IR Specialist: Daniel Mesa E-mail: ir@gruposura.com.co Telephone: (574) 4355941 GRUPO SURA App for mobile devices:
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