Harel Insurance Investments & Financial Services Ltd. · TASE:HARL
Harel Insurance Investments & Financial Services — H1 2015 Earnings Presentation
12 slides from Harel Insurance Investments & Financial Services's earnings presentation, August 2015
Slide 1: Summary of financial results for the period 1-6/2015
Summary of financial results for the period 1-6/2015 Harel Insurance Investments & Financial Services Ltd. August 2015
Slide 2: Disclaimer
Disclaimer This document has been prepared by Harel Insurance Investments and Financial Services Ltd. (hereinafter: the Company) solely for the purpose of presenting the Company's business. The information contained in this document has not been independently verified. No representation or warranty
Slide 3: Comprehensive income after tax and ROE in NIS million
Comprehensive income after tax and ROE in NIS million (in annual terms) Comprehensive income 705 686 533 347 *280 66 **125 2012 2013 2014 1-6/2014 1-6/2015 4-6/2014 4-6/2015 Return on Equity 18% 16% 14% 11% 11% 11% 6% 2012 2013 2014 1-6/2014 1-6/2015 4-6/2014 4-6/2015 * Including an increase in the
Slide 4: Earned premiums and benefit contributions, gross
Earned premiums and benefit contributions, gross (NIS million) 2012 % Increase 2013 2014 % Increase 1-6/2014 1-6/2015 % Increase 4-6/2014 4-6/2015 Li fe a s s ura nce 3,297 0% 3,810 3,797 16% 1,891 * 2,194 6% 934 987 Hea l th i ns ura nce 2,850 12% 3,192 3,571 12% 1,723 1,926 10% 879 971 Non-l i fe
Slide 5: Assets under management (AUM) and nostro assets
Assets under management (AUM) and nostro assets (NIS billion) * 200 Portfolio management 181.5 179.3 180 9.1 8.9 ETNs 161 15.3 15.3 160 8.5 Mutual funds 12.1 140 30.1 33.7 119.1 Provident funds 32.9 120 2.9 100.3 101.5 6.0 29.5 29.0 Pension funds 100 2.3 3.6 19.5 83.2 3.1 3.6 27.2 1.8 20.8 17.0 80 1
Slide 6: Comprehensive income before tax from operating segments
Comprehensive income before tax from operating segments (NIS million) 2012 2013 2014 1-6/2014 1-6/2015 4-6/2014 4-6/2015 Long-term savings 357 432 164 88 224 (55) 252 Health 225 202 140 117 - 58 19 Non-life insurance 317 219 287 201 95 54 (35) Finance (20) (12) 5 5 (1) 3 (3) Insurance companies over
Slide 7: Non-life insurance segment – comprehensive income before tax
Non-life insurance segment – comprehensive income before tax (NIS million) 2012 2013 2014 1-6/2014 1-6/2015 4-6/2014 4-6/2015 Compulsory motor 187 112 129 95 65 33 - Motor property 11 24 34 26 4 10 (7) Property and other branches 42 25 47 19 30 5 18 Liabilities and other branches 36 4 13 24 (40) (5)
Slide 8: Life assurance and long-term savings segment - comprehensive income before tax
Life assurance and long-term savings segment - comprehensive income before tax (NIS million) 2012 2013 2014 1-6/2014 1-6/2015 4-6/2014 4-6/2015 Life assurance 250 346 40 32 161 (83) 221 Pension 51 57 69 32 38 15 19 Provident 56 29 55 24 25 13 12 Total 357 432 164 88 * 224 (55) ** 252 500 432 400 357
Slide 9: Financial services segment
Financial services segment (NIS million) 2012 2013 2014 1-6/2014 1-6/2015 4-6/2014 4-6/2015 Revenus 195 254 304 145 160 75 79 Comprehensive income before taxes 15 27 64 26 43 16 20 EBIDTA 21 50 83 35 51 20 24 304 254 195 145 160 83 75 79 64 50 43 51 15 21 27 26 35 16 20 20 24 - - - - Revenus Compreh
Slide 10: Equity – Harel Investments
Equity – Harel Investments (NIS million) 4,880 4,724 4,512 4,152 Dividend (NIS million) 64 308 320 128 Dividend yield (%) 2.3% 7.6% 7.5% 3.3% Harel Insurance Investments & Financial Services Ltd 10
Slide 11: Capital surpluses – Harel Insurance
Capital surpluses – Harel Insurance (NIS million) Surplus capital Required capital 7,000 6,326 6,433 6,000 5,720 939 1,085 947 5,000 4,000 3,000 5,241 5,494 4,773 2,000 1,000 0 2013 2014 30.6.2015 Harel Insurance Investments & Financial Services Ltd 11
Slide 12: Insurance & Finance
Insurance & Finance
Harel Insurance Investments & Financial Services — H1 2015 Earnings Presentation on 6ix