Grupo de Inversiones Suramericana S.A. · BVC:GRUPOSURA

Grupo de Inversiones Suramericana — Q1 2012 Earnings Presentation

25 slides from Grupo de Inversiones Suramericana's earnings presentation, 2012

  1. Slide 1: Quarterly Overview First Quarter 2012

    Quarterly Overview First Quarter 2012 1

  2. 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 and its subsidiaries are administrative rather than accountant, and therefore may differ from those presented to e

  3. Slide 3: Content

    Content Financial Review Portfolio’s Main Figure

  4. Slide 4: Financial Review

    Financial Review Individual figures in million COP as of March 31, 2012, for this period are not comparable over previous periods due to the effect produced by the acquired assets to ING at the end of 2011

  5. Slide 5: Balance Sheet

    Balance Sheet Quarters Mar 12 / Mar 11 / Mar-12 Mar-11 Dec-11 Mar 11 Dec 10 Assets Current assets: Cash and cash equivalents $ 41,267 132,528 272,426 (68.9%) (84.9%) Investments available for sale 549 228,003 20,606 (99.8%) (97.3%) Accounts receivable 754,077 608,306 912,711 24.0% (17.4%) Prepaid ex

  6. Slide 6: Income Statement

    Income Statement Quarter Q1-12 Q1-11 %Var Operating revenues Dividends 64,723 57,638 67,915 Interests 2,138 2,755 5,277 Earnings from the equity method, net 67,574 28,261 55,065 Earnings from sale of investments, net 22,575 8,063 38,849 Appraisals at market prices, net 5 (941) (668) Reinbursment pro

  7. Slide 7: GRUPOSURA Shareholders

    GRUPOSURA SHAREHOLDERS 7.7% 3.4% Inversiones Argos 32.5% 8.5% Grupo Nutresa Pension Funds 266 International Funds 10.2% international funds Retail Investors Institutional Investors Others (NGOs and Local Funds) 10.3% 27.4% Outstanding Ord. Shares: 469,037,260 Outstanding Pref. Shares: 106,334,963 To

  8. Slide 8: GRUPOSURA's price (COP)

    GRUPOSURA GRUPOSURA 140 $ 51,771 126 $ 46,594 GRUPOSURA's price (COP) 112 $ 41,417 Indexes 98 $ 36,240 84 $ 31,063 70 $ 25,886 Mar-11 Jun-11 Sep-11 Dic-11 Mar-12 GRUPOSURA IGBC 31-Mar-12 % Var Anual* % Var. YTD ** 31-Dic-11 25-Abr-11 GRUPOSURA (Pesos) 31,160 -15.8% 0.2% 31,100 37,000 PFGRUPSURA (Pes

  9. Slide 9: Investments Portfolio

    Investments Portfolio Source: GRUPO SURA Other 0.6% NOTE: Considering Suramericana at 2x Grupo Argos 17.8% Sura Asset P/BV and Protección at Management 21.5% market price, the valuation for Suramericana has to be calculated by the different investors and Protección - AFP analysts Estimated relative

  10. Slide 10: Portfolio's Main Figures

    Portfolio’s Main Figures Sura Dow Jones. @ Sustainability Indexes jember 2011/12

  11. Slide 11: SURA Asset Management

    SURA Asset Management Company N°1 in Retirement in Latin America MEXICO Afore SURA: # Afiliates 6.207.962 AuM Clients: USD 17,6 Bn MS 14% WM: AuM USD 0,1 Bn Other AuM: USD 3,1 Bn 2 ws NY # Afiliates 10.931.711 (2) # Contributors 4.332.244 (2) J Ty # Clients 11.285.728 (2) 6,384 Employees (2) COLOMBI

  12. Slide 12: SURA Asset Management Main figures

    SURA Asset Management Main figures March 2012 USD Million Consolidado Assets 5,781.1 Liabilities 2,732.0 Equity 3,049.1 Income 291.5 Expenses 241.0 Net income 50.5 March 2012 USD Million Chile México Perú Colombia Uruguay Income 72.3 62.0 28.0 15.7 4.9 Expenses 34.8 31.2 11.7 13.9 1.7 Net income 40.

  13. Slide 13: SURA Asset Management Market Share

    SURA Asset Management Market Share Chile #3 México # 3 Perú # 2 Base salary Salario BaseJan 1212 - Ene MPF Fees Feb 12- Feb 12 FPO - Feb 12 Feb 12 Comisiones 2.3% 2.5% Provida AFP 17.1% Banamex 17.9% 23.8% 17.7% 30.0% AFP Habitat Bancomer 30.3% AFP Capital AFORE Sura Prima Cuprum AFP 15.2% XXI AFP I

  14. Slide 14: Suramericana

    Suramericana MAIN FIGURES 31-Mar-12 31-Mar-11 % Var. Total assets 1,816.9 1,563.1 16.2% Current assets 109.3 280.5 -61.0% Investments 1,707.7 1,282.5 33.1% Total liabilites 286.9 253.4 13.2% Shareholders' equity 1,530.0 1,309.7 16.8% Operating income 56.0 36.0 55.6% Earnings from Equity Method 55.9

  15. Slide 15: Suramericana

    Suramericana Breakdown of affiliate contributions to SURAMERICANA’s total revenues (March 31, 2011) 31-Mar-12 31-Mar-11 % Var. Life 370,587 316,481 17.1% Property and Casualty 269,978 245,819 9.8% Suramericana 22.6% Health 226,027 193,641 16.7% Other (22) 29.6% Workers’ Compensation 133,284 108,751

  16. Slide 16: P&C - Suramericana

    P&C - Suramericana MAIN FIGURES RATIOS 31-Mar-12 31-Mar-11 % Var. 31-Mar-12 31-Mar-11 Written premiums 270.0 245.8 9.8% Claims ratio 53.5% 47.9% Retained premiums 202.0 176.9 14.1% Net claims ratio 55.6% 54.3% Claims -144.5 -117.8 22.7% Commission and brokerage expenses ratio 12.9% 12.5% Retained cl

  17. Slide 17: Written premiums and claims by branches

    Written premiums and claims by branches Mar-12 % Var. Mar-12 % Var. Mar-12 P&C INSURANCE Written premiums Claims % Gross claims ratio Automobile 127,665 11.2% 86,769 14.4% 68.0% SOAT 44,373 12.8% 17,180 61.3% 38.7% Fire 33,956 10.6% 15,290 24.2% 45.0% Transport 9,897 4.3% 3,182 -3.8% 32.2% Third par

  18. Slide 18: Life Insurance - Suramericana

    Life Insurance - Suramericana MAIN FIGURES RATIOS 31-Mar-12 31-Mar-11 % Var. 31-Mar-12 31-Mar-11 Written premiums 370.6 316.5 17.1% Claims ratio 65.5% 66.8% Retained premiums 359.1 305.1 17.7% Net claims ratio 64.4% 67.6% Claims -242.8 -211.5 14.8% Commission and brokerage expenses ratio 9.7% 9.9% R

  19. Slide 19: Written premiums and claims by branches

    Written premiums and claims by branches Mar-12 % Var. Mar-12 % Var. Mar-12 LIFE INSURANCE Written premiums Claims % Gross claims ratio Health 113,240 21.2% 76,209 18.1% 67.3% Individual life 80,240 7.4% 41,647 29.7% 51.9% Group life insurance 51,209 14.0% 22,704 7.5% 44.3% Other life insurance 15,71

  20. Slide 20: ARP Sura – Workers compensation

    ARP Sura – Workers compensation MAIN FIGURES RATIOS 31-Mar-12 31-Mar-11 % Var. 31-Mar-12 31-Mar-11 % Var. Written premiums 133.3 108.8 22.6% Accident rate 1.3% 1.3% Claims -40.1 -34.2 17.3% Severity rate 0.1% 0.1% Total reserves -32.1 -25.9 23.7% Days out of work 258,529 229,540 12.6% Direct operati

  21. Slide 21: EPS Sura – Mandatory health

    EPS Sura – Mandatory health MAIN FIGURES 31-Mar-12 31-Mar-11 % Var. Revenues 226.0 193.6 16.7% Claims -204.9 -170.3 20.3% Direct operational result 16.5 19.3 -14.7% Operational expenditures -19.2 -18.1 6.3% Net operational result -2.8 1.2 Investments Result 5.8 4.3 36.0% Net income 3.2 5.9 -44.8% To

  22. Slide 22: Proteccion

    Proteccion MAIN FIGURES ASSETS UNDER MANAGEMENT 31-Mar-12 31-Mar-11 % Var. 31-Mar-12 31-Mar-11 % Var. Operating income 39,831.7 39,619.5 0.5% Mandatory Pension Fund Afilliates (thousand) 2,186 1,987 10.0% Comissions and fees 36,537.2 38,122.3 -4.2% Fund value 15,665 14,073 11.3% Severance 7,289.9 6,

  23. Slide 23: Enlace Operativo

    Enlace Operativo MAIN FIGURES MARKET SHARE 31-Mar-12 31-Mar-11 %Var. Income from services 8,504 6,241 36.3% Gestión y Contacto 19.5% Income from Social Security Processing 6,122 4,390 39.4% Other 24.7% Income from other services 2,382 1,851 28.7% Other income -2,359 44 Operating income 6,145 6,285 -

  24. Slide 24: Bancolombia (non consolidated)

    Bancolombia (non consolidated) MAIN FIGURES 31-Mar-12 31-Mar-11 % Var. Ingresos por intereses 1,314.0 928.0 41.6% MAIN INDIVIDUAL RATIOS Egresos por intereses 272.7 160.9 69.5% INDEXES Ingreso neto por intereses 878.0 664.8 32.1% Return indexes (individual) Mar-12 Mar-11 Provisiones netas -130.9 -57

  25. Slide 25: www.gruposura.com.co

    www.gruposura.com.co CFO: Ignacio Calle Managing Director: Maria Adelaida Tamayo IR Director : Luis Eduardo Martínez E-mail: ir@gruposura.com.co Phone: (574) 4355628

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