Slide 1: OVB Holding AG – Annual financial statements 2016
OVB Holding AG Annual financial statements 2016 Analyst conference and annual kick-off discussion with the press ■ 47 years of experience ■ Represented in 14 European countries ■ 3.27 million clients ■ Around 5,000 financial advisors ■ More than 100 product partners Frankfurt, 28 March 2017 Mario Fr
Slide 2: Agenda
Agenda 1 2016 financial year – an overview 2 Development of clients and financial advisors 3 Total sales commission, regional diversification and product mix 4 Financial information in detail 5 General conditions and outlook for 2017 Annex OVB Allfinanz – simply better! Annual financial statements 2
Slide 3: Agenda
Agenda 1 2016 financial year – an overview 2 Development of clients and financial advisors 3 Total sales commission, regional diversification and product mix 4 Financial information in detail 5 General conditions and outlook for 2017 Annex OVB Allfinanz – simply better! Annual financial statements 2
Slide 4: 2016 financial year – an overview
2016 financial year – an overview OVB Group achieves sales increase and significant earnings growth Dividend increase of 15.4% to €0.75 per share 2015 2016 Change Total sales commission €224.7 million €231.8 million +3.1% EBIT €14.0 million €16.5 million +17.7% Consolidated net income €9.4 milli
Slide 5: Agenda
Agenda 1 2016 financial year – an overview 2 Development of clients and financial advisors 3 Total sales commission, regional diversification and product mix 4 Financial information in detail 5 General conditions and outlook for 2017 Annex OVB Allfinanz – simply better! Annual financial statements 2
Slide 6: Development of clients and financial advisors
Development of clients and financial advisors Clients Financial advisors ■ Central and Eastern Europe: essentially stable at a ■ Central and Eastern Europe: number of advisors high level (-0.4%* overall) down slightly (-4.6%* overall) ■ Germany: decrease due to demographic factors ■ Germany: stable
Slide 7: Agenda
Agenda 1 2016 financial year – an overview 2 Development of clients and financial advisors 3 Total sales commission, regional diversification and product mix 4 Financial information in detail 5 General conditions and outlook for 2017 Annex OVB Allfinanz – simply better! Annual financial statements 2
Slide 8: Total sales commission by segment
Total sales commission by segment (in € million, rounded) Solid growth in total sales commission by 3.1% to €231.8 million Group* Central and Eastern Europe Germany* Southern and Western Europe +3.1% +1.3% 224.7 231.8 -1.5% +12.8% 108.2 109.7 64.9 63.9 51.6 58.2 2015 2016 2015 2016 2015 2016 2015 20
Slide 9: Regional diversification and product mix
Regional diversification and product mix Structure of new business shows range of the OVB allfinanz consulting Total sales commission Composition of new business in 2016 (2015) by region in 2016 (2015) State-subsidised provision products 9.3% (10.0%) Health Real property insurance 0.3% (0.2%) Southe
Slide 10: Agenda
Agenda 1 2016 financial year – an overview 2 Development of clients and financial advisors 3 Total sales commission, regional diversification and product mix 4 Financial information in detail 5 General conditions and outlook for 2017 Annex OVB Allfinanz – simply better! Annual financial statements 2
Slide 11: Sales growth is a fundamental basis for higher EBIT
Sales growth is a fundamental basis for higher EBIT EBIT (in € million) 16.5 14.0 8.3 ■ Operating income rises 6.7 significantly by 17.7% 6.5 6.7 ■ All three segments contribute to growth in earnings 9.4 9.5 -8.6 -8.0 Southern and Western Europe Germany 2015 2016 Central and Eastern Europe Central u
Slide 12: Selected items of the consolidated income statement
Selected items of the consolidated income statement (in € million, rounded) 2015 2016 Change Total sales commission* 224.7 231.8 +3.1% Brokerage expenses** -154.4 -157.6 +2.1% Gross profit 70.3 74.2 +5.6% ■ Growth in total sales Other operating income 9.4 8.8 -5.7% commission to €231.8 million Other
Slide 13: Agenda
Agenda 1 2016 financial year – an overview 2 Development of clients and financial advisors 3 Total sales commission, regional diversification and product mix 4 Financial information in detail 5 General conditions and outlook for 2017 Annex OVB Allfinanz – simply better! Annual financial statements 2
Slide 14: General conditions and outlook for 2017
General conditions and outlook for 2017 Long-term business potential in the area of private insurance and pension provision remains unchanged throughout Europe Considerably changing regulatory environment major challenge for the industry Central and Eastern Sales at the level of the previous y
Slide 15: Agenda
Agenda 1 2016 financial year – an overview 2 Development of clients and financial advisors 3 Total sales commission, regional diversification and product mix 4 Financial information in detail 5 General conditions and outlook for 2017 Annex OVB Allfinanz – simply better! Annual financial statements 2
Slide 16: Extensive experience – the OVB management team
Extensive experience – the OVB management team Mario Freis, CEO Oskar Heitz, CFO Thomas Hücker, COO Group Development and Management, Sales, Corporate Accounting, Risk Management, Group IT, IT Security, Process Management, Training, Product Management, Marketing, Management Accounting, Investor Rela
Slide 17: Shareholder structure/OVB share profile
Shareholder structure/OVB share profile Current shareholder structure Share data 2016 WKN/ISIN code 628656/DE0006286560 Free IDUNA float 3.01% Vereinigte Stock market code O4B Lebensversicherung aG Deutscher Ring 31.67% Krankenversicherungs- Reuters O4BG.DE verein a.G. 21.27% Bloomberg O4B: GR Share
Slide 18: Financial calendar 2016
Financial calendar 2016 2017 financial year March 2017 28 March 2017 Frankfurt/Main Publication of the 2016 annual financial statements, annual report, analyst conference May 2017 10 May 2017 Cologne Results for the first quarter of 2017 and conference call June 2017 2 June 2017 Cologne Annual Gener