FirstRand Limited · JSE:FSR
FirstRand — FY2009 Earnings Presentation
8 slides from FirstRand's earnings presentation, 2009
Slide 1: FirstRand Ltd strategic review
FIRSTRAND LTD strategic review
Slide 2: Refining the Group's strategy – our objectives
Refining the Group’s strategy – our objectives • C Committed itt d tto integrated i t t d financial fi i l services i strategy t t • Platform to participate in all profit pools associated with lending, transactional and savings activities • Consolidate our position as a leading African financial ser
Slide 3: Focus on international markets where we can achieve our objectives
Focus on international markets where we can achieve our objectives • Consolidate position in markets that strengthen position as a leading African financial services group • Africa the focus with FirstRand’s objective to position itself as a strong regional player • Africa-Asia corridor • India stra
Slide 4: Group prospects
Group prospects • M Macro environment i t remains i ttough h • Consumer will remain under pressure • Further job losses remain a risk • Retail transaction volumes and asset g growth will stay y subdued • Corporate lending portfolios still showing signs of stress
Slide 5: Group prospects
Group prospects • Gradual earnings recovery • Top line growth subdued • Margin under pressure – endowment • Bad debts should start to unwind • Offshore secondary market exposure reduced • Limited opportunity for realisations in private equity investment cycle • Momentum’s Momentum s defensive busine
Slide 6: Paul Harris
2009 FIRSTRAND ae enereascenees Penman een eneen ener ener ene e eee ee eee rene eneenene Doan eaneneeeeenensanesees saeearerececenensercees Adee eenrareaeceneneazens Soa ns areneaeceneerensansareresecesensenens
Slide 7: FirstRand's NAV vs share price
FirstRand’s NAV vs share price Cents Cents 1000 NAV CAGR (incl. dividends and Discovery) = 29.5% 2,500 2,260 NAV CAGR (excl. dividends and Discovery) = 16% 2 900 Retained NAV per share – 1999: R2.02, 2009: R8.87 887 864 Cumulative dividend value (incl. Discovery) = R5.71 827 800 2,000 700 1,406 1,69
Slide 8: FirstRand Limited results for the year ended June 2009
FIRSTRAND LIMITED RESULTS for the year ended 30 June 2009