Grupo De Inversiones Suramericana S.a. · BVC:GRUPOSURA
Grupo De Inversiones Suramericana — Grupo SURA — Q3 2015 Earnings Presentation
27 slides from Grupo De Inversiones Suramericana's earnings presentation, 2015
Slide 1: Grupo SURA 3Q 2015 Results Presentation
3Q 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 RISK MANAGEMENT SURA ASSET MANAGEMENT PENSIONS, SAVINGS AND ASSET MANAGEMET 3
Slide 4: Grupo SURA Consolidated Results 3Q
GRUPO SURA CONSOLIDATED RESULTS 3Q 4
Slide 5: Statement of Financial Position
ESTATEMENT OF FINANCIAL POSITION Consolidated ASSETS INVESTMENTS IN RELATED COMPANIES dec-14 47.8 dec-14 17.5 14.0% 2.6% sep-15 54.5 sep-15 18.0 LIABILITIES EQUITY ATTIBUTABLE TO PARENT COMPANY dec-14 22.3 dec-14 25.5 26.1% 3.3% sep-15 28.2 sep-15 26.3 Figures in COP billion 5
Slide 6: Financial Debt
STATEMENT OF COMPREHENSIVE INCOME Financial DEBT FINANCIAL LIABILITIES dec-14 4.1 45.3% sep-15 6.0 BREAKDOWN BY TYPE OF DEBT DEBT BREAKDOWN BY COMPANY Preferred dividends 3.4% Other subsidiaries 0.7% Derivatives 5.6% Suramericana 9.1% Banks and repos 34.2% SURA AM Grupo SURA Bonds 47.2% 56.7% 43.0%
Slide 7: Statement of Comprehensive Income
STATEMENT OF COMPREHENSIVE INCOME Consolidated CONSOLIDATED REVENUES EQUITY METHOD 10B 12,000 12.3% 266.4 sep.-14 879.0 10,000 724.6 -13.8% 208.9 1,614.9 1,196.7 8,000 1,320.1 sep.-15 758.0 1,423.0 1,298.5 6,000 68 0 70 0 72 0 74 0 76 0 78 0 80 0 82 0 84 0 86 0 88 0 90 0 NET INCOME 4,000 5,186.1 6,4
Slide 8: Statement of Comprehensive Income: Net Income
STATEMENT OF COMPREHENSIVE INCOME Net income 2,000 , 00 338,675 1,780,280 1,800 , 00 - 1,600 , 00 1,441,605 - 101,078 1,400 , 00 1,207,326 1,200 , 00 - 1,106,248 1,000 , 00 - 800 , 00 600 , 00 400 , 00 200 , 00 - 2014 Net Dividends 2014 Recurring 2015 Recurring Wealth tax 2015 Net income net income
Slide 9: Shareholders
SHAREHOLDERS SHAREHOLDERS (COMM+PREF) SHAREHOLDERS (COMM) 10.1% 8.4% Grupo Argos and subsidiaries 5.3% 4.0% 29.9% Grupo Nutresa 36.2% Colombian Pension Funds 18.6% 19.5% International Funds Retail Investors 10.3% Institutional Investors 20.1% 24.9% 12.7% Outstanding Ord. Shares: 469,037,260 Outstand
Slide 10: Stock Evolution
STOCK EVOLUTION 110 105 100 95 90 88.29 87.41 85 80 75 73.17 70 Sep-14 Nov-14 Jan-15 Mar-15 May-15 Jul-15 Sep-15 PFGRUPSURA GRUPOSURA COLCAP 30-sep-15 % Annual Var* % YTD Var* 31-dic-14 30-sep-14 GRUPOSURA (Pesos) 35,880 -11.7% -10.3% 40,000 40,640 PFGRUPSURA (Pesos) 35,400 -12.6% -10.4% 39,500 40,5
Slide 11: Investment Portfolio
INVESTMENT PORTFOLIO Other Grupo Argos 0.7% 15.2% Bancolombia 28.0% Grupo Nutresa 14.5% COP 25.6 BILLION* SEPTEMBER 2015 Suramericana 15.4% Sura Asset Management 26.2% Including their commercial value pursuant to accountant standards and the stakes held in Grupo de Inversiones Suramericana and affil
Slide 12: Suramericana Consolidated Results 3Q
SURAMERICANA CONSOLIDATED RESULTS 3Q 12
Slide 13: Suramericana Consolidated Figures
SURAMERICANA Consolidated figures TOTAL PREMIUMS TOTAL REVENUES sep.-14 3,571.3 sep.-14 4,729.8 16.1% 16.5% sep.-15 4,147.5 sep.-15 5,510.0 4,20.0 4,40.0 4,60.0 4,80.0 5,00.0 5,20.0 5,40.0 5,60.0 ADMINISTRATIVE EXPENSE NET INCOME sep.-14 726.8 sep.-14 359.3 18.3% -19.6% sep.-15 860.0 sep.-15 288.8 6
Slide 14: Life Insurance Segment: Main Figures
LIFE INSURANCE SEGMENT Main figures TOTAL PREMIUMS INVESTMENT INCOME sep.-14 2,307.2 sep.-14 319.9 13.3% 2.5% sep.-15 2,614.5 sep.-15 327.9 2,15 0.0 2,20.0 2,25 0.0 2,30.0 2,35 0.0 2,40.0 2,45 0.0 2,50.0 2,55 0.0 2,60.0 2,65 0.0 31 4.0 31 6.0 31 8.0 32 0.0 32 2.0 32 4.0 32 6.0 32 8.0 33 0.0 ADMINIST
Slide 15: Life Insurance Segment: Premiums and Claims Ratio
LIFE INSURANCE SEGMENT Premiums and claims ratio Premiums Retained Premiums Retained Claims Ratio sep-15 %Var sep-15 %Var sep-15 jun-14 Life 495,379 12.4% 442,282 10.2% 20.1% 22.0% Group Life 369,271 18.6% 362,979 19.7% 31.5% 35.1% Pension 453,724 5.6% 439,524 6.1% 96.0% 92.4% Health 529,240 17.4% 5
Slide 16: Non-Life Insurance Segment: Main Figures
NON-LIFE INSURANCE SEGMENT Main figures TOTAL PREMIUMS INVESTMENT INCOME sep.-14 1,278.1 sep.-14 80.4 21.4% -2.3% sep.-15 1,552.1 sep.-15 78.6 0.0 20 0.0 40 0.0 60 0.0 80 0.0 1,00.0 1,20.0 1,40.0 1,60.0 1,80.0 77 .5 78 .0 78 .5 79 .0 79 .5 80 .0 80 .5 81 .0 ADMINISTRATIVE EXPENSE NET INCOME sep.-14
Slide 17: Non-Life Insurance Segment: Premiums and Claims Ratio
NON-LIFE INSURANCE SEGMENT Premiums and claims ratio Premiums Retained Premiums Retained Claims Ratio sep-15 %Var sep-15 %Var sep-15 jun-14 Auto 607,454 24.5% 586,352 24.7% 63.9% 62.9% Fire 313,255 11.8% 60,899 19.0% 30.8% 18.8% Mandatory road accident 227,283 20.2% 197,775 23.6% 49.9% 54.5% Other 4
Slide 18: Health Care Segment: Main Figures
HEALTH CARE SEGMENT Main figures REVENUE ON SERVICES RENDERED INVESTMENT INCOME sep.-14 1,275.1 sep.-14 41.1 22.5% 17.3% sep.-15 1,561.9 sep.-15 48.3 0.0 200.0 400.0 600.0 800.0 1,000.0 1,200.0 1,400.0 1,600.0 1,800.0 2.0 7.0 12 .0 17 .0 22 .0 27 .0 32 .0 37 .0 42 .0 47 .0 52 .0 ADMINISTRATIVE EXPEN
Slide 19: Health Care Segment: Premiums and Claims Ratio
HEALTH CARE SEGMENT Premiums and claims ratio Services rendered Costs of services Claims Ratio sep-15 %Var sep-15 %Var sep-15 jun-14 EPS 1,198,469 24.8% 1,130,959 26.8% 94.4% 92.9% IPS 232,627 16.6% 162,540 18.6% Dinámica 130,767 13.1% 91,697 12.2% Total 1,561,863 22.5% 1,385,196 24.8% 19
Slide 20: SURA Asset Management Consolidated Results 3Q
SURA ASSET MANAGEMENT CONSOLIDATED RESULTS 3Q 20
Slide 21: SURA Asset Management Consolidated Figures
SURA ASSET MANAGEMENT Consolidated figures COMMISSION INCOME – RETAINED PREMIUMS TOTAL REVENUES 53.6% 26.4% 2,00 1,840 1,80 1,60 1,40 1,311 1,198 sep.-14 2,883.3 1,037 1,20 1,00 26.3% 80 0 60 0 40 0 sep.-15 3,642.6 20 0 0 Retained Premiums (net) Comission Income 1,50.0 2,00.0 2,50.0 3,00.0 3,50.0 se
Slide 22: Mandatory Pension: Main Figures
MANDATORY PENSION Main figures COMMISSION INCOME RETURNS ON ENCAJE 23.5% 28.1% 23.7% 31.1% -59.3% 0.0% 0.0% -36.6% 510,379 381,992 398,538 77,079 309,300 266,991 215,810 31,381 26,689 13,779 36,012 47,196 2,480 1,572 Chile México Perú Uruguay Chile México Perú Uruguay (11,834) (6,934) sep-14 sep-15
Slide 23: Mandatory Pension: Market Figures
MANDATORY PENSION Market figures ASSETS UNDER MANAGEMENT FUND MEMBERSHIP (MM) (COP BILLON) 37.2% 92.2 31.3% 41.4% 43.6% 9.2% 64.6% -2.5% 0.1% -0.9% 2.5% 4.3% 5.3% 67.2 65.9 6.17 6.17 61.9 56.7 50.2 44.8 3.86 4.03 31.7 1.82 1.78 2.04 2.02 12.3 1.36 1.44 7.5 4.0 5.7 0.31 0.31 Chile México Perú Uruguay
Slide 24: Voluntary Savings Segment: Main Figures
VOLUNTARY SAVINGS SEGMENT Main figures COMMISSION INCOME OPERATING AND ADMINISTRATIVE EXPENSE 66.6% 34.3% 16.1% 287.2% 49.3% 101.4% 50.1% 54.4% 50,146 50,433 49,887 45,260 33,693 33,780 30,106 24,769 12,679 6,044 7,020 8,450 6,570 638 4,256 165 Chile México Perú Uruguay Chile México Perú Uruguay sep
Slide 25: Voluntary Savings Segment: Market Figures
VOLUNTARY SAVINGS SEGMENT Market figures ASSETS UNDER MANAGEMENT CLIENTS (COP THOUSAND MILLON) (THOUSAND) 52.9% 43.3% 31.0% 247.9% 4.9% 4.7% 28.0% 123.3% 229.3% -1.2% 374 10,065 357 265 262 7,024 6,199 4,858 5,097 4,055 143 112 898 1,176 35 23 80 16 2 5 Chile México Perú Uruguay Colombia Chile Méxic
Slide 26: Insurance Segment: Main Figures
INSURANCE SEGMENT Main figures TOTAL PREMIUMS ADJUSTMENTS TO RESERVES 55.8% 40.6% 42.5% 57.0% 20.5% 30.4% 1,253 1,100 804 701 305 314 202 259 217 221 168 198 Chile México Perú Chile México Perú sep-14 sep-15 %Var sep-14 sep-15 %Var RETAINED CLAIMS NET INCOME 37.8% 41.8% 86.5% 0.0% -57.1% 131.7% 283
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