Grupo De Inversiones Suramericana S.a. · BVC:GRUPOSURA
Grupo De Inversiones Suramericana — Q1 2014 Earnings Presentation
22 slides from Grupo De Inversiones Suramericana's earnings presentation, 2014
Slide 1: Quarterly Overview First Quarter 2014
Quarterly Overview First 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 millons) 55.6% 128.7% 1,744,379 1,744,379 1,121,288 762,782 QoQ YTD Shareholder's Equity (COP billion) -0.2% 3.0% 20.9 20.9 20.9 20.3 QoQ YTD 5 5
Slide 6: Income Statement
Income Statement Main Figures Operational Revenues (COP Million) Equity Method (COP Million) -42.2% -22.3% 316,883 131,341 183,211 102,085 2013 2013 2014 2014 Net Income (COP Million) 287,259 -48.5% 148,050 2013 2014 6 6 6
Slide 7: Shareholders
Shareholders 11.1% Grupo Argos and subsidiaries 6.3% 31.9% Grupo Nutresa 14.1% Colombian Pension Funds International Funds Retail Investors 10.3% Institutional Investors 26.3% 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 31-mar-14 % Annual Var* % YTD Var. * GRUPOSURA (Pesos) 36,500 -6.4% 8.3% PFGRUPSURA (Pesos) 36,800 -6.1% 5.2% COLCAP (Points) 1,688 -4.9% 5.1% * Annual appraisal without dividends 8 8
Slide 9: Investments Portfolio
Investments Portfolio Other 0.7% Grupo Argos Sura Asset 19.0% Management 21.3% Estimated relative weight over the commercial value of the portfolio, which as of March 2014 came to Suramericana COP 24.2 billion. Grupo Nutresa 13.7% 17.9% Bancolombia 27.4% Including their commercial value pursuant to
Slide 10: Suramericana
Suramericana Revenues per Subsidiaries Breakdown of affiliate contributions to SURAMERICANA´S total revenues (March 31, 2014) Revenues per Subsidiary Q1 14 Q1 13 % Var YoY Sura mericana 22.0% Life Insurance 479,220 423,806 13.1% Other (-8) Property and Casualty 309,108 295,308 4.7% 31.4% EPS SURA 29
Slide 11: Suramericana: Individual Figures
Suramericana: Individual FIgures Suramericana Individual FS (COP Q1 14 Q1 13 % Var. YoY Million) Total assets 2,219,048 2,056,355 7.9% Current assets 208,826 159,483 30.9% Investments 2,010,175 1,896,975 6.0% Total liabilites 183,475 154,262 18.9% Shareholders' equity 2,035,911 1,902,135 7.0% Operat
Slide 12: Seguros Generales Suramericana: (P&C Company)
Seguros Generales Suramericana: (P&C Company) MAIN FIGURES Q1 14 Q1 13 % Var. YoY RATIOS Q1 14 Q1 13 Written premiums 309.1 295.3 4.7% Claims ratio 55.5% 63.0% Retained premiums 226.9 218.9 3.6% Net claims ratio 58.8% 53.7% Claims -171.6 -186.2 -7.8% Commission expenses ratio 12.9% 11.8% Retained cl
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) 1Q 14 1Q 14 1Q 14 1Q 13 Automobile 129,571 1.0% 124,305 1.2% 67.8% 64.7% SOAT 58,612 3.6% 50,206 -0.6% 60.2% 44.5% Fire 47,504 17.0%
Slide 14: Seguros de Vida Suramericana: Life Company
Seguros de Vida Suramericana: Life Company MAIN FIGURES Q1 14 Q1 13 % Var. YoY RATIOS Q1 14 Q1 13 Written premiums 479.2 423.8 13.1% Claims ratio 65.4% 70.7% Retained premiums 466.5 411.4 13.4% Net claims ratio 61.2% 65.2% Claims -313.4 -299.8 4.5% Commission expenses ratio 9.6% 10.5% Retained claim
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) 1Q 14 1Q 14 1Q 14 1Q 13 Health 151,148 18.0% 151,148 18.0% 61.7% 63.2% Individual life 91,653 9.1% 81,016 8.7% 32.0% 53.8% Group lif
Slide 16: ARL Sura: Workers' Compensation Company
ARL Sura: Workers’ Compensation Company MAIN FIGURES Q1 14 Q1 13 % Var. YoY RATIOS Q1 14 Q1 13 Written premiums 180.6 151.5 19.2% Accident rate 1.3% 1.3% Claims -55.2 -48.3 14.2% Severity rate 0.1% 0.1% Total reserves -43.4 -34.7 25.0% Days out of work 331,659 272,078 Direct operational result 33.5
Slide 17: EPS Sura: Health Company
EPS Sura: Health Company MAIN FIGURES Q1 14 Q1 13 % Var. YoY Revenues 294.6 246.1 19.7% Claims -271.3 -224.1 21.1% Direct operational result 18.8 17.9 5.0% Grupo Operational expenditures -22.5 -19.6 15.0% Sa l udcoop 26.4% Net operational result -3.7 -1.7 122.7% Investments Result 8.8 8.0 10.2% Othe
Slide 18: Sura Asset Management: Company Nº1
Sura Asset Management Company Nº1 MEXICO: AFORE SURA - FUNDs Afiliates: 6,064,513 - AUM USD mm: 23,063 WM - - Clients: 118,371 - AUM USD mm: 3,772 IN PENSION FUNDS IN LATIN AMERICA COLOMBIA - AFP PROTECCION WITH EXPERTISE IN SAVINGS Afiliates: 3,757,928 - AUM USD mm: 27,550 AND INVESTMENTS EL SALVAD
Slide 19: Sura Asset Management: Market Figures
Sura Asset Management Market Figures El Salvador Uruguay 3% 2% 40.0 AUM (USD billion) 36.5 Peru 35.0 33.1 14% 30.0 Chile 30.0 28.5 32% 26.8 24.6 25.0 20.0 16.7 15.0 12.0 Mexico 10.0 23% 5.0 3.3 3.5 1.7 1.9 - Chile Colombia Mexico Peru El Salvador Uruguay Colombia Q1 2013 Q1 2014 26% Uruguay El Salva
Slide 20: Sura Asset Management: Individual Income Statement
Sura Asset Management Individual Income Statement Income Statements (COP Millions) 1T 14 1T 13 Earnings from the equity method 124,278 76,059 Interests 284 27 Other 303 379 Dividends Revenues 137,159 76,465 Payroll expenses 2,850 954 Fees 1,560 401 Administrative expenses 3,220 2,666 Adjustment for
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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