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

Grupo de Inversiones Suramericana — Q2 2012 Earnings Presentation

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

  1. Slide 1: Quarterly Overview Second Quarter 2012

    Quarterly Overview Second 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 June 30, 2012, for this period are not comparable over previous periods given the acquisition of ING Latin-American assets in December 2011.

  5. Slide 5: Balance Sheet

    Balance Sheet Quarters jun 12 / Jun 12 / jun-12 jun-11 Dec-11 jun 11 Dec 11 Assets Current assets: Cash and cash equivalents $ 3,164 75,472 272,426 (95.8%) (98.8%) Investments available for sale 10,760 393,139 20,606 (97.3%) (47.8%) Accounts receivable 421,281 481,684 912,711 (12.5%) (53.8%) Prepaid

  6. Slide 6: Income Statement

    Income Statement Accumulated Q2-12 Q2-11 %Var Operating revenues Dividends 143,961 133,061 8.2% Interests 2,591 7,096 (63.5%) Earnings from the equity method, net 151,245 42,504 255.8% Earnings from sale of investments, net 63,418 8,587 638.5% Appraisals at market prices, net 9 (1,451) Reinbursment

  7. Slide 7: GRUPOSURA Shareholders

    GRUPOSURA SHAREHOLDERS 7.5% 3.1% Inversiones Argos 32.3% Grupo Nutresa 8.3% Pension Funds 395 11.7% International International Funds funds Retail Investors Institutional Investors 10.3% Others (NGOs and Local Funds) 26.7% Outstanding Ord. Shares: 469,037,260 Outstanding Pref. Shares: 106,334,963 To

  8. Slide 8: GRUPOSURA Price (COP)

    GRUPOSURA GRUPOSURA GRUPOSURA Price (COP) 30-jun-12 % Annual Var* % Var. YTD ** 31-dic-11 30-jun-11 GRUPOSURA (Pesos) 30,900 -18.3% -0.6% 31,100 37,800 PFGRUPSURA (Pesos) 32,500 0.0% -1.5% 33,000 32,500 IGBC (Points) 13,418 -4.6% 5.9% 12,666 14,068 * Annual appraisal (12 months), for the prefered st

  9. Slide 9: Investments Portfolio

    Investments Portfolio NOTE: Considering Suramericana at 2x P/BV and Protección at market price, the valuation for Suramericana has to be calculated by the different investors and analysts Including their Estimated relative commercial value weight over the pursuant to accountant standards and the sta

  10. Slide 10: Portfolio's Main Figures

    Portfolio’s Main Figures Sura Dow Jones r ( Sustainability Indexes Member 2011/12

  11. Slide 11: Sura Asset Management

    Sura Asset Management Company N° 1 in Reritement in Latin America. # Afiliates 10,937,722 # Contributors 4,394,749 # Clients 10,940,752 6,733 Employees (i) AuM 1.0 Bn= 1,000 Million (*) Figures as of June 2012 MEXICO Afore SURA: # Afiliates 6,178,279 AuM Clients: USD 17.6 Bn MS 14% WM: AuM USD 0.1 B

  12. Slide 12: Sura Asset Management Main Figures

    Sura Asset Management Main Figures Sura AM USD Millions (Consolidated) Assets 5,665 Equity 3,591 EBITDA stake of the total Operating Revenue 560 Net Income 55 Sura AM Sum of USD Millions Countries CHILE 75.8 MEXICO 58.8 PERU 29.0 URUGUAY 6.3 COLOMBIA 5.8 SURA LATAM CONSOLIDADO 175.7 12 12

  13. Slide 13: Sura Asset Management: Market share

    Sura Asset Management: Market share Chile #3 México # 3 Perú # 2 Base salary Apr 12 MPF May 12 Fees Apr 12 Salario Base - Abr 12 FPO - Mayo 12 Comisiones - Abr 12 3.0% 2.4% Provida AFP 17.2% Banamex 15.2% 23.5% 17.3% 28.8% AFP Habitat Bancomer 32.5% AFP Capital AFORE Sura Prima Cuprum AFP 15.2% XXI

  14. Slide 14: Suramericana: Insurance and Social Security Investment sub-holding

    Suramericana: Insurance and Social Security Investment sub-holding MAIN FIGURES 30-jun-12 30-jun-11 % Var. Total assets 1,858.0 1,566.7 18.6% Current assets 63.2 247.5 -74.5% Investments 1,794.9 1,319.4 36.0% Total liabilites 245.8 233.3 5.4% Shareholders' equity 1,612.2 1,333.5 20.9% Operating inco

  15. Slide 15: Suramericana: Insurance and Social Security Investment sub-holding

    Suramericana: Insurance and Social Security Investment sub-holding Breakdown of affiliate contributions to SURAMERICANA´S total revenues (June 30, 2012) 30-jun-12 30-jun-11 % Var. Life 772,785 665,932 16.0% Suramericana 21.7% Property and Casualty 625,715 538,699 16.2% Other (22) 30.8% Health 463,45

  16. Slide 16: Seguros Generales Suramericana: (P&C Company)

    Seguros Generales Suramericana: (P&C Company) MAIN FIGURES RATIOS 30-jun-12 30-jun-11 % Var. 30-jun-12 30-jun-11 Written premiums 625.7 538.7 16.2% Claims ratio 45.5% 50.0% Retained premiums 412.7 359.3 14.9% Net claims ratio 53.5% 53.8% Claims -284.7 -269.6 5.6% Commission and brokerage expenses ra

  17. Slide 17: Written premiums and claims by branches

    Written premiums and claims by branches jun-12 % Var. jun-12 % Var. jun-12 P&C INSURANCE Written premiums Claims % Gross claims Automobile 256,367 10.8% 173,771 15.8% 67.8% Fire 115,901 15.8% 34,967 -4.7% 30.2% SOAT 92,386 16.8% 31,898 59.2% 34.5% Transport 25,148 27.1% 5,364 -28.8% 21.3% Third part

  18. Slide 18: Seguros de Vida Suramericana: Life Company

    Seguros de Vida Suramericana: Life Company MAIN FIGURES RATIOS 30-jun-12 30-jun-11 % Var. 30-jun-12 30-jun-11 Written premiums 772.8 665.9 16.0% Claims ratio 63.9% 67.4% Retained premiums 746.9 640.5 16.6% Net claims ratio 61.0% 66.9% Claims -494.2 -448.9 10.1% Commission and brokerage expenses rati

  19. Slide 19: Written premiums and claims by branches

    Written premiums and claims by branches jun-12 % Var. jun-12 % Var. jun-12 LIFE INSURANCE Producción Written premiums Siniestros Claims %%Siniestralidad Gross claims Health 216,276 16.9% 152,144 15.2% 70.3% Individual life 190,536 9.5% 75,118 14.2% 39.4% Group life insurance 121,468 26.6% 46,944 5.6

  20. Slide 20: ARP Sura: Workers' Compensation Company

    ARP Sura: Workers’ Compensation Company MAIN FIGURES RATIOS 30-jun-12 30-jun-11 30-jun-12 30-jun-11 % Var. Written premiums 275.8 227.8 Accident rate 2.6% 2.5% Claims -87.7 -74.5 Severity rate 0.3% 0.3% Total reserves -56.9 -55.4 Days out of work 497,478 483,562 2.9% Direct operational result 56.9 3

  21. Slide 21: EPS Sura: Health Company

    EPS Sura: Health Company MAIN FIGURES 30-jun-12 30-jun-11 % Var. Revenues 463.5 391.3 18.5% Claims -423.4 -348.8 21.4% Direct operational result 30.6 33.6 -9.1% Operational expenditures -39.7 -36.7 8.2% Net operational result -9.2 -3.1 196.1% Investments Result 12.0 8.4 44.1% Net income 3.2 6.0 -46.

  22. Slide 22: Proteccion: Management of pension funds

    Proteccion: Management of pension funds MAIN FIGURES FUNDS 30-jun-12 30-jun-11 % Var. 30-jun-12 30-jun-11 % Var. Operating income 138,113.4 141,601.7 -2.5% Fondo Mandatory de Pensiones Pension Obligatorias Fund Afilliates (thousand) 2,247 2,038 10.2% Comissions and fees 128,267.4 135,731.2 -5.5% Fun

  23. Slide 23: Bancolombia (Individual): Universal bank

    Bancolombia (Individual): Universal bank MAIN FIGURES MAIN INDIVIDUAL RATIOS 30-jun-12 30-jun-11 % Var. INDEXES Interest revenues 2,711.0 1,957.4 38.5% Return indexes (individual) jun-12 jun-11 Interest expenses 578.1 356.0 62.4% Net interest margin 7.1% 6.3% Net interest revenues 1,807.6 1,382.2 30

  24. Slide 24: www.gruposura.com.co

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

Grupo de Inversiones Suramericana — Q2 2012 Earnings Presentation on 6ix