Page 214 - Profile's Stock Exchange Handbook 2020 Issue 4
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JSE – SAN                                Profile’s Stock Exchange Handbook: 2020 – Issue 4
                                                  Tot Curr Ass  90 603  87 627  82 403  62 314  65 350
                     Sanlam Ltd.                  SH Funds     63 556  67 317  69 506  57 420  53 390
                                                  Minority Int  12 956  12 043  12 111  6 017  5 696
        SAN
                                                  LT Liab     738 776  718 625  641 630  603 035  550 220
                                                  Tot Curr Liab  112 043  102 244  92 329  67 111  63 253
                                                  PER SHARE STATISTICS (cents per share)
                                                  Core EPS(ZARc)  - 170.90  345.80  565.40  544.40  481.10
                                                  HEPS-C (ZARc)  188.50  361.80  445.60  486.30  493.00
                                                   Pct chng p.a.  4.2  - 18.8  - 8.4  - 1.4  6.2
                                                   Tr 5yr av grwth %  -  - 2.2  1.6  11.1  14.5
                                                  DPS (ZARc)      -  334.00  312.00  290.00  268.00
                                                   Pct chng p.a.  -    7.1  7.6   8.2   9.4
       ISIN: ZAE000070660  SHORT: SANLAM  CODE: SLM  Tr 5yr av grwth %  -  8.2  9.3  6.4  17.8
       REG NO: 1959/001562/06  FOUNDED: 1918  LISTED: 1998
                                                  NAV PS (ZARc)  2 712.24 2 895.60 3 137.12 2 650.36 2 464.34
                                                                                 1.08
                                                                                       1.39
                                                                            0.82
                                                                0.96
                                                                      0.49
        NATURE OF BUSINESS:                       3 Yr Beta     8 140  8 525  9 849  9 474  7 149
                                                  Price High
        Sanlam is a leading financial services group in South Africa  Price Low  3 850  6 886  6 540  6 100  5 116
        with its head office in Bellville.        Price Prd End  5 894  7 910  7 980  8 700  6 290
        Established in 1918, the group demutualised in 1998 and  RATIOS
        Sanlam Ltd. then listed on the JSE Ltd. in Johannesburg and  Ret on SH Fnd  - 8.88  11.10  15.69  18.90  17.90
        the Namibian Stock Exchange.              Ret On Tot Ass  - 0.46  1.65  2.14  2.24  2.04
        The Sanlam group conducts its business through Sanlam Ltd.,  Oper Pft Mgn  - 5.45  8.84  19.80  12.61  13.81
                                                                      1.61
                                                                1.66
                                                                                 1.24
                                                                                       1.13
                                                                            1.20
                                                  D:E
        the corporate head office and five business clusters. The  Int Cover  - 4.09  8.71  18.19  20.83  26.02
        corporate head officeis responsible for the group’s centralised  Current Ratio  0.81  0.86  0.89  0.93  1.03
        functions such as strategic direction, financial and risk man-  Div Cover  -  1.04  1.81  1.88  1.80
        agement, marketing and communications, group human    NUMBER OF EMPLOYEES: 21 267
        resources and corporate social investment.            DIRECTORS: BirrellAS(ind ne), BothaAD(ne),
                                                               KrugerNAS(ind ne), Modise M J,
        The Sanlam Personal Finance (SPF) cluster is responsible for  MokokaMG(ind ne), MollerJP(ind ne),
        Sanlam’s retail business in South Africa. It provides clients  Mvusi T I, NkosiSA(ne),
                                                               NondumoKT(ind ne), Simelane DrRV(ne),
        across all market segments (entry-level, middle and affluent)  van Zyl Dr J (ne), Werth H C,
        with a comprehensive range of appropriate and competitive  Zinn ProfSA(ind ne), Masilela E (Chair, ind ne),
        financial solutions. Designed to facilitate long-term wealth  Motsepe Dr P T (Dep Chair, ne),
                                                               Hanratty P (CEO)
        creation, protection and niche financing, these solutions are  Scan the QR code to  POSTAL ADDRESS: PO Box 1, Sanlamhof, 7532
        engineered around client needs. The SPF cluster consists of  visit our website  EMAIL: webmaster@sanlam.co.za
        Sanlam Sky Solutions, Sanlam Individual Life and Segment  WEBSITE: www.sanlam.co.za
                                                              TELEPHONE: 021-947-9111 FAX: 021-947-3670
        Solutions; and Glacier.                   COMPANY SECRETARY: Sana-Ullah Bray
        The Sanlam Emerging Markets (SEM) cluster is responsible  TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
        for Sanlam’s financial services offering in emerging markets  SPONSOR: Standard Bank of South Africa Ltd.
                                                  AUDITORS: Ernst & Young Inc., KPMG Inc.
        outside South Africa with the aim of ensuring sustainable  BANKERS: Absa Bank Ltd.
        delivery and growth across the various businesses that make
        up this cluster.                          CALENDAR               Expected     Status
        The SanlamInvestmentGroup clusterprovides individual and  Next Final Results  Mar 2021  Unconfirmed
        institutional clients in South Africa, the UK and elsewhere in  Annual General Meeting  Jun 2021  Unconfirmed
        Europe, the United States and Australia access to a compre-  Next Interim Results  Sep 2021  Unconfirmed
        hensive range of specialised investment and risk management
        expertise.                                CAPITAL STRUCTURE   AUTHORISED     ISSUED
        The General Insurance cluster, Santam, is the leading general  SLM  Ords 1c ea  4 000 000 000  2 226 974 408
        insurer in South Africa with a market share of 23%. Santam  DISTRIBUTIONS [ZARc]
        specialises in general insurance products for a diversified  Ords 1c ea  Ldt  Pay  Amt
        market in South Africa and, in collaboration with Sanlam  Final No 22  14 Apr 20  20 Apr 20  334.00
        Emerging Markets, elsewhere in Africa and India. These  Final No 21  9 Apr 19  15 Apr 19  312.00
                                                  Final No 20
                                                                     3 Apr 18
                                                                             9 Apr 18
                                                                                      290.00
        products are offered through broker networks and direct sales
                                                  Final No 19        4 Apr 17  10 Apr 17  268.00
        channels and include personal, commercial, agricultural and  LIQUIDITY: Sep20 Ave 27m shares p.w., R1 796.0m(61.9% p.a.)
        specialised insurance products.
        Sanlam Corporate is a newly formed business, targeting  LIFE  40 Week MA  SANLAM
        chosen corporate clients and offering financial solutions un-                  9570
        derpinned by Employee Benefits (providing risk and invest-
                                                                                       8549
        ment solutions and administration services to institutions
        and retirement funds), Health solutions and products and                       7527
        Institutional offerings.
                                                                                       6506
       SECTOR: Fins—Insurance—Life Insurance—Life Insurance
                                                                                       5484
       MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2019
         Ubuntu-Botho Investments (Pty) Ltd.  12.48%
         Government Employees Pension Fund (PIC)  11.96%  2015  |  2016  |  2017  |  2018  |  2019  |  2020  4463
       FINANCIAL STATISTICS                       Recent Announcements
       (R million)  Jun 20  Dec 19  Dec 18  Dec 17  Dec 16
                   Interim  Final Final(rst) Final(rst)  Final  Sanlam interim results June 2020 - Thursday, 10 September 2020:
       FundsFmClients  48 385  147 796  77 721  113 976  86 695  Net income for the interim period decreased to R48.385 billion
       Financial Ser  - 2 637  13 072  15 388  14 376  11 969  (2019: R81.104 billion), net operating result decreased to a loss
       NetIntPd(Rcvd)  645  1 500  846  690  460   of R2.637 billion (2019: profit of R5.846 billion), loss for the
       Tax on op inc  1 332  5 756  4 164  4 342  3 026
       Minority Int   130  1 655  1 175  1 067  955  period attributable to shareholders’ fund came to R3.529 billion
       Core Earnings  - 3 529  7 150  11 627  10 923  9 623  (2019: profit of R3.439 billion), while headline earnings per
       TotCompIncLoss  5 945  3 788  15 100  10 180  5 440  share increased to 188.5 cents per share (2019: 170.7 cents per
       Hline Erngs-CO  3 893  7 481  9 162  9 757  9 860  share).
       Fixed Ass     4 701  3 449  3 597  1 839  2 052  Dividend
       Inv & Loans  794 129  770 995  690 744  656 020  592 945  No interim dividend declared in line with Group policy.
       Def Tax Asset  2 803  1 872  2 249  2 083  1 880
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