Afp Habitat Sa · BCS:HABITAT
Afp Habitat Sa — Q1 2021 Earnings Presentation
18 slides from Afp Habitat Sa's earnings presentation, March 2021
Slide 1: Company Presentation Q1-2021 Results
Company Presentation Q1-2021 Results March 2021
Slide 2: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 2
Slide 3: Key Indicators
Key Indicators Habitat Contributors [Q] Habitat Contributors Market share [%] Average Base Salary [clp] -2,6% -0,3% +5,2% 1.147.694 1.117.606 18,8% 18,5% 1.025.395 1.079.217 feb.-20 feb.-21 feb.-20 feb.-21 feb.-20 feb.-21 Total AUM [MM clp] APV AUM [MM clp] CAV AUM [MM clp] -1,8% +7,3% +94,6% 44.878
Slide 4: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 4
Slide 5: Income Statements
Income Statements Current Exercise Last Exercise VAR % INCOME STATEMENT [M clp] March 2021 March 2020 [Q1 21 / Q1 20] Ordinary Revenues 70.186.765 61.782.145 13,6% Employee related Expenses (less) (17.696.277) (18.200.347) -2,8% Other operating expenses (less) (13.968.079) (12.409.173) 12,6% Depreci
Slide 6: Revenues Breakdown
Revenues Breakdown Current Exercise Last Exercise VAR VAR % Ordinary Incomes [M clp] Mar 2021 Mar 2020 [Q1 21/ Q1 20] [Q1 21/ Q1 20] Total Fees Revenues 49.953.135 49.640.664 312.471 1% Fees form Mandatory Contributions[10] 44.985.044 45.184.046 (199.002) 0% Fees for APV 2.007.741 2.037.983 (30.242)
Slide 7: Operating Expenses Breakdown
Operating Expenses Breakdown Current Exercise Last Exercise VAR VAR % Employee Expenses [M clp] Mar 2021 Mar 2020 [Q1 21/ Q1 20] [Q1 21/ Q1 20] Administrative Staff Wages and Salaries (8.194.023) (7.855.437) 338.586 4% Sales Staff Wages and Salaries (5.078.212) (5.593.507) (515.295) -9% Short – term
Slide 8: Consolidated Balance
Consolidated Balance Current Current Last Exercise VAR % Last Exercise VAR % ASSETS [M clp] Exercise LIABILITIES AND EQUITY [M clp] Exercise Dec 2020 [Q1 21 / Q4 20] Dec 2020 [Q1 21 / Q4 20] March 2021 March 2021 Cash and Equivalents 143.956.168 123.313.472 16,7% Interest Bearing Loans Payable 99.28
Slide 9: Consolidated Results Evolution
Consolidated Results Evolution REVENUES [MM clp/ Year] EBITDAR [MM clp/ Year] +28,0% 284.388 +23,1% 222.264 160.290 196.346 120.437 130.218 70.187 39.344 2018 2019 2020 mar.-21 2018 2019 2020 mar.-21 EBITDA [MM clp/ Year] NET PROFIT [MM clp/ Year] -1,6% -4,8% 191.281 188.159 135.124 128.653 126.859
Slide 10: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. Industry Overview 10
Slide 11: AFP Habitat: Real Return on Investment Chile
AFP AFP Habitat: Real Return on Investment Chile HABITAT 1st 2nd 3rd 4th 5th Date 12 meses (%) 36 meses (%) 60 meses (%) To A B C D E A B C D E A B C D E mar-21 27,87 23,96 17,57 11,05 5,18 6,34 6,23 6,07 4,77 3,96 - - - - - dic-20 1,88 3,62 4,87 4,18 4,53 3,93 4,62 6,07 5,99 5,57 5,33 5,51 5,73 5 4
Slide 12: AFP Habitat: Return on Investment Peru and Colombia
AFP Habitat: Return on Investment Peru and Colombia 1st 2nd 3rd 4th PERU AFP HABITAT 12 Months (%) 36 Months (%) 60 Months (%) Date To TIPO 0 TIPO 1 TIPO 2 TIPO 3 TIPO 0 TIPO 1 TIPO 2 TIPO 3 TIPO 0 TIPO 1 TIPO 2 TIPO 3 mar-21 3,01 14,53 26,93 39,85 3,86 7,21 8,62 8,92 8,68 10,57 11,31 dic-20 3,28 10
Slide 13: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. AFP Habitat and Industry Overview 13
Slide 14: Stock Performance
Stock Performance Stock Price [$ CLP] 925 910 938 910 1.000 814 800 800 670 610 569 600 696 506 630 400 200 365 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 03/21 Market Cap [$ USD Billions] 1,93 2,0 1,50 1,52 +9,2% 1,5 1,30 1,21 1,33 1,20 1,31 1,15 1,0 0,90 0,78 0,72 0,71 0,5 0,0 200
Slide 15: Industry Overview: AFP Habitat managed the biggest amount of total Assets
Industry Overview: AFP Habitat managed the biggest amount of total Assets, with a market share of 28,9%. Total Assets Under Management Market share UNO $ CLP MM PROVIDA 0,1% CAPITAL 44.090.884 19,7% 23,4% 35.716.526 30.013.798 29.182.703 PLANVITAL 3,5% 5,2% 19,1% MODELO CUPRUM 7.942.372 5.266.899 21
Slide 16: Industry Overview: AFP Habitat third AFP by affiliates
Industry Overview: AFP Habitat it´s the third AFP with bigger quantity of Affiliates, with a market share of 17,4%. Affiliates Contributors UNO CAPITAL UNO CAPITAL 14,7% CUPRUM 15,3% (1.632.960) PROVIDA 3,1% 5,4% (925.254) (340.714) (596.545) 22,7% CUPRUM PROVIDA (1.373.865) 4,0% 7,3% 26,0% (241.392
Slide 17: Industry Overview: AFP Habitat increased base salary 2,6% since December 2020
Industry Overview: AFP Habitat has increased in 2,6% the base salary since December 2020. Average Salary Base [clp] 951.867 CAPITAL +2,6% 1.569.652 CUPRUM 1.051.506 1.079.217 1.004.803 1.079.217 HABITAT HABITAT 769.017 MODELO 656.504 PLANVITAL 2019 2020 mar.-21 739.521 PROVIDA 513.654 UNO +2,2% +2,3
Slide 18: Agenda
AGENDA 1. Key Indicators 2. Principal Financial Results 3. Return on Investments Overview 4. AFP Habitat and Industry Overview 18