Page 216 - Stock Exchange Handbook 2020 - Issue 3
P. 216

JSE – SAN                                Profile’s Stock Exchange Handbook: 2020 – Issue 3
                                                  Def Tax Asset  1 872  2 249  2 083  1 880  368
                     Sanlam Ltd.                  Tot Curr Ass  87 627  82 403  62 314  65 350  70 292
                                                  SH Funds     67 317  69 506  57 420  53 390  53 621
        SAN
                                                  Minority Int  12 043  12 111  6 017  5 696  6 571
                                                  LT Liab     718 625  641 630  603 035  550 220  545 722
                                                  Tot Curr Liab  102 244  92 329  67 111  63 253  68 594
                                                  PER SHARE STATISTICS (cents per share)
                                                  Core EPS(ZARc)  345.80  565.40  544.40  481.10  468.90
                                                  HEPS-C (ZARc)  361.80  445.60  486.30  493.00  464.40
                                                   Pct chng p.a.  - 18.8  - 8.4  - 1.4  6.2  11.5
                                                   Tr 5yr av grwth %  - 2.2  1.6  11.1  14.5  13.2
       ISIN: ZAE000070660  SHORT: SANLAM  CODE: SLM  DPS (ZARc)  334.00  312.00  290.00  268.00  245.00
       REG NO: 1959/001562/06 FOUNDED: 1918  LISTED: 1998  Pct chng p.a.  7.1  7.6  8.2  9.4  8.9
                                                   Tr 5yr av grwth %  8.2  9.3  6.4  17.8  18.6
        NATURE OF BUSINESS:                       NAV PS (ZARc)  2 895.60 3 137.12 2 650.36 2 464.34 2 475.01
        Sanlam is a leading financial services group in South Africa  3 Yr Beta  0.49  0.82  1.08  1.39  0.88
        with its head office in Bellville.        Price High    8 525  9 849  9 474  7 149  8 217
        Established in 1918, the group demutualised in 1998 and  Price Low  6 886  6 540  6 100  5 116  4 405
        Sanlam Ltd. then listed on the JSE Ltd. in Johannesburg and  Price Prd End  7 910  7 980  8 700  6 290  6 054
        the Namibian Stock Exchange.              RATIOS
        The Sanlam group conducts its business through Sanlam Ltd.,  Ret on SH Fnd  11.10  15.69  18.90  17.90  18.13
                                                                            2.24
                                                                      2.14
                                                                                 2.04
                                                                                       2.20
        the corporate head office and five business clusters. The  Ret On Tot Ass  1.65  19.80  12.61  13.81  16.46
                                                                8.84
                                                  Oper Pft Mgn
        corporate head officeis responsible for the group’s centralised  D:E  1.61  1.20  1.24  1.13  1.08
        functions such as strategic direction, financial and risk man-  Int Cover  8.71  18.19  20.83  26.02  24.21
        agement, marketing and communications, group human  Current Ratio  0.86  0.89  0.93  1.03  1.02
        resources and corporate social investment.  Div Cover   1.04  1.81  1.88  1.80  1.91
        The Sanlam Personal Finance (SPF) cluster is responsible for  NUMBER OF EMPLOYEES: 21 267
        Sanlam’s retail business in South Africa. It provides clients  DIRECTORS: BirrellAS(ind ne), BothaAD(ne),
        across all market segments (entry-level, middle and affluent)  KrugerNAS(ind ne), Modise M J,
                                                               MokokaMG(ind ne), MollerJP(ind ne),
        with a comprehensive range of appropriate and competitive  Mvusi T I, NkosiSA(ne),
        financial solutions. Designed to facilitate long-term wealth  NondumoKT(ind ne), Simelane DrRV(ne),
                                                               van Zyl Dr J (ne), Werth H C,
        creation, protection and niche financing, these solutions are  Zinn ProfSA(ind ne), Masilela E (Chair, ind ne),
        engineered around client needs. The SPF cluster consists of  Motsepe Dr P T (Dep Chair, ne),
                                                               Hanratty P (CEO, Ire)
        Sanlam Sky Solutions, Sanlam Individual Life and Segment  POSTAL ADDRESS: PO Box 1, Sanlamhof, 7532
        Solutions; and Glacier.                   Scan the QR code to  EMAIL: webmaster@sanlam.co.za
                                                   visit our website
        The Sanlam Emerging Markets (SEM) cluster is responsible  WEBSITE: www.sanlam.co.za
                                                  TELEPHONE: 021-947-9111  FAX: 021-947-3670
        for Sanlam’s financial services offering in emerging markets  COMPANY SECRETARY: Sana-Ullah Bray
        outside South Africa with the aim of ensuring sustainable  TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
        delivery and growth across the various businesses that make  SPONSOR: Standard Bank of South Africa Ltd.
        up this cluster.                          AUDITORS: Ernst & Young Inc., KPMG Inc.
        The SanlamInvestmentGroup clusterprovides individual and  BANKERS: Absa Bank Ltd.
        institutional clients in South Africa, the UK and elsewhere in
                                                  CALENDAR               Expected     Status
        Europe, the United States and Australia access to a compre-  Next Interim Results  Sep 2020  Unconfirmed
        hensive range of specialised investment and risk management  Next Final Results  Mar 2021  Unconfirmed
        expertise.                                Annual General Meeting  Jun 2021  Unconfirmed
        The General Insurance cluster, Santam, is the leading general
        insurer in South Africa with a market share of 23%. Santam
                                                  CAPITAL STRUCTURE   AUTHORISED     ISSUED
        specialises in general insurance products for a diversified  SLM  Ords 1c ea  4 000 000 000  2 226 974 408
        market in South Africa and, in collaboration with Sanlam
                                                  DISTRIBUTIONS [ZARc]
        Emerging Markets, elsewhere in Africa and India. These
                                                  Ords 1c ea            Ldt     Pay    Amt
        products are offered through broker networks and direct sales  Final No 22  14 Apr 20  20 Apr 20  334.00
        channels and include personal, commercial, agricultural and  Final No 21  9 Apr 19  15 Apr 19  312.00
        specialised insurance products.           Final No 20        3 Apr 18  9 Apr 18  290.00
        Sanlam Corporate is a newly formed business, targeting  Final No 19  4 Apr 17  10 Apr 17  268.00
        chosen corporate clients and offering financial solutions un-  LIQUIDITY: Jun20 Ave 26m shares p.w., R1 842.4m(60.1% p.a.)
        derpinned by Employee Benefits (providing risk and invest-  LIFE  40 Week MA  SANLAM
        ment solutions and administration services to institutions                     9570
        and retirement funds), Health solutions and products and
        Institutional offerings.                                                       8549
       SECTOR: Fins—Insurance—Life Insurance—Life Insurance                            7527
       MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2019                                   6506
         Ubuntu-Botho Investments (Pty) Ltd.  12.48%
         Government Employees Pension Fund (PIC)  11.96%
                                                                                       5484
       FINANCIAL STATISTICS
       (R million)  Dec 19  Dec 18  Dec 17  Dec 16  Dec 15  2015  |  2016  |  2017  |  2018  |  2019  |  4463
                     Final Final(rst) Final(rst)  Final  Final
       FundsFmClients  147 796  77 721  113 976  86 695  85 293  Recent Announcements
       Financial Ser  13 072  15 388  14 376  11 969  14 039  Thursday, 11 June 2020: Shareholders are referred to the an-
       NetIntPd(Rcvd)  1 500  846  690  460  580   nouncement released on the JSE Stock Exchange News Service
       Tax on op inc  5 756  4 164  4 342  3 026  3 859  on 25 May 2020 regarding the withdrawal of ordinary resolu-
       Minority Int  1 655  1 175  1 067  955  1 519
       Core Earnings  7 150  11 627  10 923  9 623  9 391  tion 5.2 (“Re-Election of PB Hanratty as a non- executive
       TotCompIncLoss  3 788  15 100  10 180  5 440  14 798  director”) and ordinary resolution 7.2 (“The Appointment of
       Hline Erngs-CO  7 481  9 162  9 757  9 860  9 300  PB Hanratty as a member of the Audit Committee”).
       Fixed Ass     3 449  3 597  1 839  2 052  2 221
       Inv & Loans  770 995  690 744  656 020  592 945  590 894
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