Afp Habitat Sa · BCS:HABITAT
Afp Habitat Sa — Q4 2023 Earnings Presentation
17 slides from Afp Habitat Sa's earnings presentation, December 2023
Slide 1: Company Presentation Q4-2023 Results
Company Presentation Q4-2023 Results December 2023
Slide 2: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 2
Slide 3: Key Indicators
Key Indicators Habitat Contributors [Q] Habitat Contributors Market share [%] Average Base Salary [clp] -0,3% +9,5% -4,4% 17,1% 16,8% 1.391.039 1.270.297 dic-22 dic-23 dic-22 dic-23 dic-22 dic-23 Total AUM [MM clp] APV AUM [MM clp] CAV AUM [MM clp] +8,0% +4,2% -14,4% 46.412.652 1.740.690 1.813.950 9
Slide 4: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 4
Slide 5: Income Statements
Income Statements Current Exercise Last Exercise Dif % INCOME STATEMENT [M$ clp] Dec 2023 Dec 2022 Dec 23 / Dec 22 Ordinary Revenues 239.424.965 222.091.789 7,8% Employee related Expenses (less) -50.049.884 -44.854.279 11,6% Other operating expenses (less) -35.639.263 -35.221.915 1,2% Depreciation a
Slide 6: Revenues Breakdown
Revenues Breakdown Current Exercise Last Exercise VAR VAR % Ordinary Incomes [$MM clp] Dec 2023 Dec 2022 Dec 23/ Dec 22 Dec 23/ Dec 22 Total Fees Revenues 238.803 221.636 17.167 7,7% Fees form Mandatory Contributions[8] 221.417 203.083 18.334 9,0% Fees for APV 535 416 119 28,5% Fees for CAV 5.372 4.
Slide 7: Operating Expenses Breakdown
Operating Expenses Breakdown VAR VAR % Current Exercise Last Exercise Employee Expenses [$MM clp] Dec 23/ Dec 23/ Dec 2023 Dec 2022 Dec 22 Dec 22 Administrative Staff Wages and Salaries -25.409 -23.346 2.063 8,8% Sales Staff Wages and Salaries -13.556 -10.906 2.650 24,3% Short – term Employee Benefi
Slide 8: Balance
Balance ASSETS [MS clp] Current Exercise Dec| Last Exercise| Dec 2022 Dif % Dec 23 / Cash and Equivalents 9.441.275 || 92.043.715 || -2,8% Financial assets at fair value through profit or loss 31.361.233 0 na. Commercial Debtors and Accounts Receivables, Net 12.971.872 || 10.993.144 |] 18,0% Account
Slide 9: Financial Indicators
Financial Indicators REVENUES [MM clp/ Year] EBITDAR [MM clp/ Year] 239.425 222.092 203.311 163.784 149.785 127.765 dic-21 dic-22 dic-23 dic-21 dic-22 dic-23 EBITDA [MM clp/ Year] NET PROFIT [MM clp/ Year] 197.029 147.333 161.391 129.863 131.600 108.847 dic-21 dic-22 dic-23 dic-21 dic-22 dic-23 Sour
Slide 10: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 10
Slide 11: AFP Habitat: Real Return on Investment Chile
AFP Habitat: Real Return on Investment Chile Date 12 meses (%) 36 meses (%) To A B C D E A B C D E 1st 2nd 3rd 4th 5th 6th dic-23 7,37 6,20 3,12 -0,13 -1,5 -1,36 -1,27 -2,79 -3,13 -2,44 ago-23 -3,40 -2,07 -0,56 0,52 0,95 -1,91 -2,01 -3,71 -4,35 -3,89 abr-23 -13,53 -10,08 -5,06 -0,08 3,16 -1,37 0,84
Slide 12: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. AFP Habitat and Industry Overview 12
Slide 13: Stock Performance
Stock Performance Stock Price [$ CLP] 925 910 938 910 1.000 825 814 800 800 670 610 600 696 506 466 484 630 400 200 365 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 12/23 Market Cap [$ USD Billions] 1,93 +65,7% 2,0 1,50 1,52 1,5 1,30 1,21 1,33 1,20 1,31 1,15 0,90 0,93 1,0 0,
Slide 14: 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 27,8%. Total Assets Under Management (dec-2023) Market share UNO $ CLP MM PROVIDA 0,9% CAPITAL 46.412.652 19,6% 21,9% 36.599.083 32.627.384 30.600.427 PLANVITAL 5,0% 18,3% CUPRUM 10.771.507 6,5% 8.358.2
Slide 15: Industry Overview: AFP Habitat third AFP by quantity of Contributors
Industry Overview: AFP Habitat it´s the third AFP with bigger quantity of Contributors, with a market share of 16,8% at the end of December 2023. Affiliates Contributors UNO CAPITAL UNO CAPITAL 13,0% 14,1% CUPRUM (1.523.703) PROVIDA (819.534) PROVIDA 6,0% 4,9% CUPRUM (580.036) 21,6% 5,5% 6,7% 23,1%
Slide 16: Industry Overview: AFP Habitat increased base salary 9,5%
Industry Overview: AFP Habitat has increased in 9,5% the base salary since December 2022. Average Salary Base [clp] 1.269.350 CAPITAL +9,5% 1.969.381 CUPRUM 1.391.039 1.127.875 1.270.297 1.391.039 HABITAT HABITAT 972.853 MODELO 963.466 PLANVITAL 2021 2022 dic-23 991.475 PROVIDA 853.677 UNO +10,4% +1
Slide 17: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. AFP Habitat and Industry Overview 17