Page 204 - Profile's Stock Exchange Handbook - 2021 Issue 3

JSE – SAN Profile’s Stock Exchange Handbook: 2021 – Issue 3
SH Funds 64 712 67 317 69 506 57 420 53 390
Sanlam Ltd. Minority Int 12 512 12 043 12 111 6 017 5 696
LT Liab 758 416 718 625 641 630 603 035 550 220
SAN
Tot Curr Liab 108 156 102 244 92 329 67 111 63 253
PER SHARE STATISTICS (cents per share)
Core EPS(ZARc) 138.80 345.80 565.40 544.40 481.10
HEPS-C (ZARc) 448.50 361.80 445.60 486.30 493.00
Pct chng p.a. 24.0 - 18.8 - 8.4 - 1.4 6.2
Tr 5yr av grwth % 0.3 - 2.2 1.6 11.1 14.5
DPS (ZARc) 300.00 334.00 312.00 290.00 268.00
Pct chng p.a. - 10.2 7.1 7.6 8.2 9.4
ISIN: ZAE000070660 SHORT: SANLAM CODE: SLM
REG NO: 1959/001562/06 FOUNDED: 1918 LISTED: 1998 Tr 5yr av grwth % 4.4 8.2 9.3 6.4 17.8
NAV PS (ZARc) 2 906.45 3 023.85 3 285.87 2 801.11 2 607.57
NATURE OF BUSINESS: 3 Yr Beta 1.10 0.50 0.82 1.08 1.39
Sanlam is a leading financial services group in South Africa Price High 8 109 8 525 9 849 9 474 7 149
with its head office in Bellville. Price Low 3 850 6 886 6 540 6 100 5 116
Established in 1918, the group demutualised in 1998 and Price Prd End 5 875 7 910 7 980 8 700 6 290
Sanlam Ltd. then listed on the JSE in Johannesburg and the RATIOS
Namibian Stock Exchange. Ret on SH Fnd 4.71 11.10 15.69 18.90 17.90
Sanlam's areas of expertise include financial planning, invest- Ret On Tot Ass 0.64 1.65 2.14 2.24 2.04
ments, insurance, retirement and wealth. The Group Oper Pft Mgn 3.14 8.84 19.80 12.61 13.81
conducts operations through business clusters that deliver D:E 1.72 1.61 1.20 1.24 1.13
tailored, comprehensive and client-centric financial solutions Int Cover 6.83 8.71 18.19 20.83 26.02
to individual and institutional clients. Current Ratio 0.85 0.86 0.89 0.93 1.03
Sanlam Life and Savings (SLS) offers retail and corporate life Div Cover 0.46 1.04 1.81 1.88 1.80
insurance and investment products in South Africa. The NUMBER OF EMPLOYEES: 21 267
cluster provides clients with a comprehensive range of appro- DIRECTORS: Birrell A S (ind ne), BothaAD(ne),
priate and competitive financial solutions, designed to facili- Essoka E (ind ne), Kruger N A S (ind ne),
Modise M J, Mokoka M G (ind ne),
tate long-term wealth creation and protection. SLS has strong Moller J P (ind ne), Nkosi S A (ne),
market positions in its businesses and is well diversified Nondumo K T (ind ne), Simelane Dr R V (ne),
across product and segment. The cluster is positioned to van Zyl Dr J (ne), Werth H C, Zinn Prof S A (ind ne),
further entrench its market presence to build a fortress Masilela E (Chair, ind ne),
position in South Africa. Motsepe Dr P T (Dep Chair, ne), Hanratty P (CEO),
Sanlam Emerging Markets (SEM) constitutes Sanlam’s Scan the QR code to Mukhuba A (FD)
financial services offering in emerging markets outside South visit our website POSTAL ADDRESS: PO Box 1, Sanlamhof, 7532
Africa, with the aim of ensuring sustainable delivery and EMAIL: IR@sanlam.co.za
growth across its various businesses and markets. SEM is WEBSITE: www.sanlam.co.za
divided into Sanlam Pan-Africa (SPA) and Other Interna- TELEPHONE: 021-947-9111 FAX: 021-947-3670
tional, with the latter comprising India, Malaysia and COMPANY SECRETARY: Sana-Ullah Bray
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
Lebanon. The key focus of SEM is on building Sanlam’s
Pan-African operations to create a Pan-African champion, and SPONSOR: Standard Bank of South Africa Ltd.
AUDITORS: Ernst & Young Inc., KPMG Inc.
to strengthen and grow Sanlam’s operations outside of Africa. BANKERS: Absa Bank Ltd.
SEM believes in local partnerships and skills development to
create sustainable businesses. CALENDAR Expected Status
SanlamInvestmentGroup(SIG)providesretailandinstitutional Next Interim Results 9 Sep 2021 Confirmed
clients in South Africa and the United Kingdom with access to a Next Final Results Mar 2022 Unconfirmed
comprehensive range of specialised investment management, Annual General Meeting Jun 2022 Unconfirmed
credit and risk management expertise. SIG is a key part of the CAPITAL STRUCTURE AUTHORISED ISSUED
strategy to build a fortress position in South Africa. SLM Ords 1c ea 4 000 000 000 2 226 974 408
Santam provides a diversified range of general insurance DISTRIBUTIONS [ZARc]
products and services in Southern Africa and internationally Ords 1c ea Ldt Pay Amt
toclients,rangingfromindividuals tocommercialandspecial- Final No 23 6 Apr 21 12 Apr 21 300.00
ist business owners and institutions. Sanlam and Santam Final No 22 14 Apr 20 20 Apr 20 334.00
continue to work collaboratively to strengthen their respec- Final No 21 9 Apr 19 15 Apr 19 312.00
tive market positions. Final No 20 3 Apr 18 9 Apr 18 290.00
The clusters are supported by the Sanlam Group Office, which
maintains synergies and co-operation among the clusters and LIQUIDITY: Jun21 Ave 32m shares p.w., R1 835.5m(74.1% p.a.)
provides guidance on market and environment-related devel- LIFE 40 Week MA SANLAM
opments. The Group Office is responsible for Group strategy, 9570
capital and risk management, capital allocation and
Group-wide support comprising finance, actuarial and risk 8389
management, human resources (HR), market development
and strategy (including Corporate Finance). 7208
6028
SECTOR: Fins—Insurance—Life Insurance—Life Insurance
MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2020 4847
Ubuntu-Botho Investments (Pty) Ltd. 13.13%
Government Employees Pension Fund (PIC) 13.05% 3666
2016 | 2017 | 2018 | 2019 | 2020 |
FINANCIAL STATISTICS
(R million) Dec 20 Dec 19 Dec 18 Dec 17 Dec 16 Recent Announcements
Final Final Final(rst) Final(rst) Final
FundsFmClients 132 866 147 796 77 721 113 976 86 695 Monday, 14 June 2021: The board of directors of Sanlam announced
Financial Ser 4 171 13 072 15 388 14 376 11 969 that Sanlam Life Insurance Ltd. (“Sanlam Life”), a subsidiary of
NetIntPd(Rcvd) 835 1 500 846 690 460 Sanlam, has entered into an agreement pursuant to which it will,
Tax on op inc 3 805 5 756 4 164 4 342 3 026 subject to the fulfilment of certain conditions (including the
Minority Int 771 1 655 1 175 1 067 955 requisiteapprovalsofthePrudentialAuthority),acquirethegroup
Core Earnings 2 863 7 150 11 627 10 923 9 623 riskandretaillifebusinesses(“AFLifeBook”)ofAlexanderForbes
TotCompIncLoss 6 777 3 788 15 100 10 180 5 440 Life Ltd. (“AF Life”) via a transfer of the AF Life Book from AF Life
Hline Erngs-CO 9 249 7 481 9 162 9 757 9 860
Fixed Ass 4 344 3 449 3 597 1 839 2 052 toSanlamLifeintermsofSection50oftheInsuranceActforatotal
Inv & Loans 814 074 770 995 690 744 656 020 592 945 consideration of ZAR100 million (subject to adjustment) (the
Def Tax Asset 2 843 1 872 2 249 2 083 1 880 “Consideration”) (the “Transaction”).
Tot Curr Ass 89 451 87 627 82 403 62 314 65 350
202