Harel Insurance Investments & Financial Services Ltd. · TASE:HARL
Harel Insurance Investments & Financial Services — FY2013 Earnings Presentation
15 slides from Harel Insurance Investments & Financial Services's earnings presentation, 2014
Slide 1: Summary of financial results for 2013
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Harel Insurance Investments & Financial Services Ltd. www.harel-group.com 1
Slide 2: Comprehensive income and RoE in NIS million
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Comprehensive income and RoE in NIS million (in annual terms) Comprehensive income 704.9 686.4 35.8 2011 2012 2013 Return on Equity 18% 16% 1% 2011 2012 2013 Harel Insurance Investments & Financial Services L
Slide 3: Earned premiums and benefit contributions, gross
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Earned premiums and benefit contributions, gross (NIS million) 2011 2012 2013 % increase Life assurance 3,184 3,297 3,810 16% Health insurance 2,477 2,850 3,192 12% Non-life insurance 2,802 2,906 3,103 7% Ins
Slide 4: Assets under management (AUM) and nostro assets
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Assets under management (AUM) and nostro assets (NIS billion) Portfolio management 180 ETNs 161 160 8.5 Mutual funds 12.1 140 Provident funds 119.1 32.9 120 2.9 101.5 6.0 Pension funds 100 89.1 3.6 19.5 82.8
Slide 5: Pre-tax comprehensive income from operating segments
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Pre-tax comprehensive income from operating segments (NIS million) 2011 2012 2013 Non-life insurance 17 317 219 Health 162 225 202 Long-term savings 35 357 432 Finance 29 16 27 Insurance companies overseas (3
Slide 6: Non-life insurance segment – pre-tax comprehensive income
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Non-life insurance segment – pre-tax comprehensive income (NIS million) 2011 2012 2013 Compulsory motor 28 187 111 Motor property (35) 11 24 Property and other branches 41 42 25 Liabilities and other branches
Slide 7: Life assurance and long-term savings segment – comprehensive income
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Life assurance and long-term savings segment –comprehensive income (NIS million) 2011 2012 2013 Life assurance (45) 250 346 Pension 44 51 57 Provident 37 56 29 Total 35 357 432 500 432 357 400 300 200 100 35
Slide 8: Financial services segment – revenues
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Financial services segment – revenues (NIS million) 2011 2012 2013 Mutual funds and portfolio management 167 141 217 Financial products 13 17 32 TASE member (including financing) 41 33 2 Other 3 3 3 Total 224
Slide 9: Financial services segment – profitability
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Financial services segment – profitability (NIS million) 50 40 29 27 21 16 2011 2012 2013 Comprehensive profit before taxes on income EBITDA Harel Insurance Investments & Financial Services Ltd. www.harel-gro
Slide 10: Equity – Harel Investments
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Equity – Harel Investments (NIS million) 4,152 4,512 3,503 Dividend (NIS million) 106 64 308 Dividend yield (%) 2.8% 2.3% 7.6% Harel Insurance Investments & Financial Services Ltd. www.harel-group.com 1
Slide 11: Capital surpluses – Harel Insurance
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Capital surpluses – Harel Insurance (NIS million) Surplus capital 7,000 Required capital 5,720 6,000 5,179 947 5,000 921 4,000 3,000 4,773 2,000 4,258 1,000 0 2012 2013 Harel Insurance Investments & Financial
Slide 12: Comparative information – earned premiums and pension and provident contributions
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Comparative information – earned premiums and pension and provident contributions (NIS billion) 2011 2012 2013 Company Earned Benefit Earned Benefit Earned Benefit 2013/2011 Total Total Total premiums contrib
Slide 13: Comparative information – comprehensive income
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Comparative information – comprehensive income (NIS million) Harel Migdal Clal Menorah The Phoenix 2011 36 46 (134) (53) 43 2012 705 405 138 417 466 2013 686 739 589 409 766 Total 1,427 1,189 592 774 1,275 1,
Slide 14: Comparative information – RoE
Harel Insurance Investments & Financial Services Ltd. Summary of financial results for 2013 Comparative information – RoE (NIS million) Harel Migdal Clal Menorah The Phoenix 2011 1% 1% (3%) (2%) 1% 2012 18% 9% 4% 17% 15% 2013 16% 16% 17% 15% 22% 25% 22% 20% 18% 17% 17% 16% 16% 2 11 15% 15% 15% 2 12
Slide 15: www.harel-group.com Harel Insurance Investments & Financial Services Ltd.
Harel Insurance Investments & Financial Services Ltd. www.harel-group.com 15
Harel Insurance Investments & Financial Services — FY2013 Earnings Presentation on 6ix