Great-west Lifeco Inc. · TSX:GWO
Great-west Lifeco — Investor Presentation (2004)
12 slides from Great-west Lifeco's investor presentation, 2004
Slide 1: Mitchell T.G. Graye, Vice-President, Finance, United States
Mitchell T.G. Graye Vice--President, Finance, United States Vice Great--West Lifeco Inc. Great
Slide 2: Growth since 1986
Growth since 1986 Assets $13 billion to $159 billion Earnings $98 million to $1.2 billion Annual compound 22% returns to shareholders Dividends paid Over $2 billion Market capitalization $1.6 billion to $22 billion
Slide 3: 2003 Results
2003 Results Earnings attributable to common shareholders: ! $1.2 billion ! $2.998 per common share ! Canada Life acquisition contributed $0.137 per share
Slide 4: Earnings by region
Earnings by region Canada/Europe 51% United States 49% Group Insurance 15% Financial Services 24% Europe/Reinsurance 12% Healthcare Individual Insurance & 25% Investment Products 24%
Slide 5: Premiums, deposits and fees
Premiums, deposits and fees $ billions GWL&A 40 GWL 30.1 29.2 3 0.0* Total 30 20 18.4 16.4 16.5 13.5 12.8 11.7 10 0 2001 2002 2003 * excludes bulk reinsurance
Slide 6: Assets under administration
Assets under administration $ billions 200 GWL&A GWL 159.2 160 Total 120 112.1 98.0 9 6.1 80 53.8 54.5 44.2 41.6 47.1 40 0 2001 2002 2003
Slide 7: Earnings per common share
Earnings per common share $ 2.998 3.00 adjustments 2.53 2.03 2.00 1.72 2.95 1.43 1.39 1.00 0.00 1999 2000 2001 2002 2003
Slide 8: Return on common shareholders’ equity
Return on common shareholders’ equity % 30 adjustments 22.9 20.7 18.6 19.4 20 17.1 20.4 13.7 10 0 1999 2000 2001 2002 2003
Slide 9: Annual dividends per common share
Annual dividends per common share $ 1.5 1.13 0.95 1.0 0.78 0.65 0.53 0.5 0.0 1999 2000 2001 2002 2003
Slide 10: Capital stock and surplus
Capital stock and surplus $ billions 10 8.6 8 6 4.7 4.2 4.4 3.8 4 2 0 1999 2000 2001 2002 2003
Slide 11: Financial strength ratings
Financial strength ratings Great-West Life, London Life, Canada Life and Great-West Life & Annuity A.M. Best Company A+ Dominion Bond Rating Service* IC-1 Fitch Ratings AA+ Moody’s Investors Service Aa3 Standard & Poor’s Rating Service AA * Does not rate GWL&A
Slide 12: Cumulative value of $100 investment
Cumulative value of $100 investment assuming reinvestment of dividends $ 300 $198.19 200 Great-West Lifeco $100 100 $137.24 S&P/TSX 0 1998 1999 2000 2001 2002 2003