Grupo Aval Acciones Y Valores Sa · BVC:GRUPOAVAL
Grupo Aval Acciones Y Valores Sa — Q1 2013 Earnings Presentation
15 slides from Grupo Aval Acciones Y Valores Sa's earnings presentation, May 21, 2013
Slide 1: 1Q13 Consolidated Earning Results Colombian Banking GAAP
May 2013 1Q13 Consolidated Earning Results Colombian Banking GAAP
Slide 2: Disclaimer
Disclaimer Grupo Aval Acciones y Valores S.A. ("Grupo Aval") is an issuer in Colombia of securities registered with the National Registry of Shares and Issuers (Registro Nacional de Valores y Emisores), and in this capacity, it is subject to the control of the Superintendency of Finance. Grupo Aval
Slide 3: Highlights
Highlights [] Net Income of Ps. 505.3 billion or $27.2 pesos/share for the 1Q2013 showed a 32.9% increase versus 1Q2012 results. [] Total assets grew by 12.0% to Ps. 128.4 trillion in the year ended March 31, 2013. [] Net Interest Margin increased to 7.1% for 1Q2013 versus 6.6% in 1Q2012. [] Efficie
Slide 4: Macroeconomic fundamentals
Macroeconomic fundamentals Strong GDP Growth [GRAPHIC OMITTED] Inflation vs. Nominal Interest Rates [GRAPHIC OMITTED] Central Bank's Average DTF int. rate ------- -------------- ---- 1Q12 5.0% 5.3% 4Q12 4.6% 5.3% 1Q13 4.0% 4.8% ------- -------------- ---- Fx (EoP) 2,244 2,044 1,914 1,943 1,768 1,832
Slide 5: 1Q13 Consolidated Earning Results
1Q13 Consolidated Earning Results . © Colombia inking GAAP
Slide 6: Assets
Assets Figures in Ps. Trillions Total Assets [GRAPHIC OMITTED] Assets Breakdown [GRAPHIC OMITTED] 5
Slide 7: Loans
Loans Figures in Ps. Trillions Gross loans [GRAPHIC OMITTED] Gross loans Breakdown [GRAPHIC OMITTED] Growth ------------- 1Q12 1Q13 1Q13 vs. 1Q12 ---- ---- ------------- 6
Slide 8: Loan portfolio quality
Loan portfolio quality Loan provision expense / Average Loans [GRAPHIC OMITTED] Charge offs / Average NPLs [GRAPHIC OMITTED] 7
Slide 9: Funding
Funding Figures in Ps. Trillions Total Funding [GRAPHIC OMITTED] 1Q12 4Q12 1Q13 -------------------- ----- ----- ----- Interbank Borrowings 3.9% 4.9% 4.7% -------------------- ----- ----- ----- Long-Term Bonds 8.3% 9.1% 10.4% -------------------- ----- ----- ----- Banks and Others 10.7% 9.7% 8.6% --
Slide 10: Capital
Capital Figures in Ps. Trillions Attributable Shareholders Equity [GRAPHIC OMITTED] Attributable Equity + Minority Interest [GRAPHIC OMITTED] 1Q2013 4Q2013 1Q2014 -------------------------------- ------ ------ ------ Total Equity 13.10 14.50 14.90 -------------------------------- ------ ------ -----
Slide 11: Yields and Margins
Yields and Margins [GRAPHIC OMITTED] Net interest income 1Q13/ 1Q12 1Q13 1Q12 1.5 1.9 23.1% 10
Slide 12: Net Fees and other operating income
Net Fees and other operating income Figures in Ps. Billions Net Fees(1) [GRAPHIC OMITTED] Fee Income 1Q13 [GRAPHIC OMITTED] Other operating income [GRAPHIC OMITTED] Other operating income 1Q13 1Q12 1Q13 -------------------------------------- --------- --------- Dividend Income 63 181 Foreign exchang
Slide 13: Efficiency
Efficiency Operating Expenses 1Q13/ 1Q12 1Q13 1Q12 1,262 1,372 8.8% Operating expenses / Income [GRAPHIC OMITTED] Efficiency Ratio is calculated as Operating Expenses minus DandA divided by Operating Income before net provisions. Operating expenses / Average Assets [GRAPHIC OMITTED] Efficiency Ratio
Slide 14: Profitability
Profitability Figures in Ps. Billions Net income [GRAPHIC OMITTED] (1) ROAE for each quarter is calculated as annualized Net Income attributable for Aval's shareholders divided by average shareholders' equity. (2) ROAA for each quarter is calculated as annualized Net Income before Minority Interest
Slide 15: [GRAPHIC OMITTED]
[GRAPHIC OMITTED] Item 99.2
Grupo Aval Acciones y Valores — Q1 2013 Earnings Presentation on 6ix