Page 204 - SHB 2021 Issue 4
P. 204

JSE – SAN                                Profile’s Stock Exchange Handbook: 2021 – Issue 4
                                                  SH Funds     60 099  64 712  67 317  69 506  57 420
                     Sanlam Ltd.                  Minority Int  12 656  12 512  12 043  12 111  6 017
                                                  LT Liab     781 328  758 416  718 625  641 630  603 035
        SAN
                                                  Tot Curr Liab  114 196  108 156  102 244  92 329  67 111
                                                  PER SHARE STATISTICS (cents per share)
                                                  Core EPS(ZARc)  180.00  138.80  345.80  565.40  544.40
                                                  HEPS-C (ZARc)  193.90  448.50  361.80  445.60  486.30
                                                   Pct chng p.a.  - 13.5  24.0  - 18.8  - 8.4  - 1.4
                                                   Tr 5yr av grwth %  -  0.3  - 2.2  1.6  11.1
                                                  DPS (ZARc)      -  300.00  334.00  312.00  290.00
                                                   Pct chng p.a.  -  - 10.2  7.1  7.6   8.2
                                                   Tr 5yr av grwth %  -  4.4  8.2  9.3  6.4
       ISIN: ZAE000070660  SHORT: SANLAM  CODE: SLM  NAV PS (ZARc)  2 698.77 2 906.45 3 023.85 3 285.87 2 801.11
       REG NO: 1959/001562/06  FOUNDED: 1918  LISTED: 1998
                                                  3 Yr Beta     1.15  1.10  0.50  0.82  1.08
        NATURE OF BUSINESS:                       Price High    6 546  8 109  8 525  9 849  9 474
        Sanlam is a leading financial services group in South Africa  Price Low  5 439  3 850  6 886  6 540  6 100
                                                                           7 910
                                                                                      8 700
                                                                                 7 980
                                                  Price Prd End
                                                                6 137
                                                                     5 875
        with its head office in Bellville.        RATIOS
        Established in 1918, the group demutualised in 1998 and  Ret on SH Fnd  12.56  4.71  11.10  15.69  18.90
        Sanlam Ltd. then listed on the JSE Ltd. in Johannesburg and  Ret On Tot Ass  1.61  0.80  1.65  2.14  2.24
        the Namibian Stock Exchange.              Oper Pft Mgn  7.48  3.14  8.84  19.80  12.61
        Sanlam’s areas of expertise include financial planning, invest-  D:E  2.56  1.72  1.61  1.20  1.24
        ments, insurance, retirement and wealth. The Group  Int Cover  16.39  5.00  8.71  18.19  20.83
        conducts operations through business clusters that deliver  Current Ratio  1.32  0.85  0.86  0.89  0.93
        tailored, comprehensive and client-centric financial solutions  Div Cover  -  0.46  1.04  1.81  1.88
        to individual and institutional clients.              NUMBER OF EMPLOYEES: 21 267
        Sanlam Life and Savings (SLS) offers retail and corporate life  DIRECTORS: Birrell A S (ind ne), BothaAD(ne),
        insurance and investment products in South Africa. The  Essoka E (ind ne), Kruger N A S (ind ne),
        cluster provides clients with a comprehensive range of appro-  Modise M J, Mokoka M G (ind ne),
        priate and competitive financial solutions, designed to facili-  Moller J P (ind ne), Nkosi S A (ne),
        tate long-term wealth creation and protection. SLS has strong  Nondumo K T (ind ne), Simelane Dr R V (ne),
        market positions in its businesses and is well diversified  van Biljon W (ind ne), van Zyl Dr J (ne), Werth H C,
        across product and segment. The cluster is positioned to  Zinn Prof S A (ind ne), Masilela E (Chair, ind ne),
        further entrench its market presence to build a fortress  Motsepe Dr P T (Dep Chair, ne), Hanratty P (CEO),
        position in South Africa.                 Scan the QR code to  Mukhuba A (FD)
        Sanlam Emerging Markets (SEM) constitutes Sanlam’s  visit our website  POSTAL ADDRESS: PO Box 1, Sanlamhof, 7532
        financial services offering in emerging markets outside South  EMAIL: IR@sanlam.co.za
        Africa, with the aim of ensuring sustainable delivery and  WEBSITE: www.sanlam.com
        growth across its various businesses and markets. SEM is  TELEPHONE: 021-947-9111
        divided into Sanlam Pan-Africa (SPA) and Other Interna-  COMPANY SECRETARY: Sana-Ullah Bray
                                                  TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
        tional, with the latter comprising India, Malaysia and
        Lebanon. The key focus of SEM is on building Sanlam’s  SPONSOR: Standard Bank of South Africa Ltd.
        Pan-African operations to create a Pan-African champion, and  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  CALENDAR  Expected  Status
        create sustainable businesses.
        SanlamInvestmentGroup(SIG)providesretailandinstitutional  Next Final Results  Mar 2022  Unconfirmed
        clients in South Africa and the United Kingdom with access to a  Annual General Meeting  Jun 2022  Unconfirmed
        comprehensive range of specialised investment management,  Next Interim Results  Sep 2022  Unconfirmed
        credit and risk management expertise. SIG is a key part of the
        strategy to build a fortress position in South Africa.  CAPITAL STRUCTURE  AUTHORISED  ISSUED
        Santam provides a diversified range of general insurance  SLM  Ords 1c ea  4 000 000 000  2 226 974 408
        products and services in Southern Africa and internationally
        toclients,rangingfromindividuals tocommercialandspecial-  DISTRIBUTIONS [ZARc]
        ist business owners and institutions. Sanlam and Santam  Ords 1c ea  Ldt  Pay  Amt
        continue to work collaboratively to strengthen their respec-  Final No 23  6 Apr 21  12 Apr 21  300.00
        tive market positions.                    Final No 22       14 Apr 20  20 Apr 20  334.00
        The clusters are supported by the Sanlam Group Office, which  Final No 21  9 Apr 19  15 Apr 19  312.00
        maintains synergies and co-operation among the clusters and  Final No 20  3 Apr 18  9 Apr 18  290.00
        provides guidance on market and environment-related devel-  LIQUIDITY: Sep21 Ave 30m shares p.w., R1 746.6m(70.2% p.a.)
        opments. The Group Office is responsible for Group strategy,  LIFE  40 Week MA  SANLAM
        capital and risk management, capital allocation and
        Group-wide support comprising finance, actuarial and risk                      9570
        management, human resources (HR), market development
        and strategy (including Corporate Finance).                                    8389
                                                                                       7208
       SECTOR: Fins—Insurance—Life Insurance—Life Insurance
       MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2020                                   6028
         Ubuntu-Botho Investments (Pty) Ltd.  13.13%
         Government Employees Pension Fund (PIC)  13.05%                               4847
       FINANCIAL STATISTICS
                                                                                       3666
       (R million)  Jun 21  Dec 20  Dec 19  Dec 18  Dec 17  2016  |  2017  |  2018  |  2019  |  2020  |  2021
                   Interim  Final  Final Final(rst) Final(rst)
       FundsFmClients  92 440  132 866  147 796  77 721  113 976  Recent Announcements
       Financial Ser  6 916  4 171  13 072  15 388  14 376  Monday, 13 September 2021: The board of directors of Sanlam
       NetIntPd(Rcvd)  422  835  1 500  846  690   announced the conclusion of agreements between its wholly
       Tax on op inc  3 112  3 805  5 756  4 164  4 342  owned subsidiary, Sanlam UK Ltd. (“Sanlam UK”) and Chesnara
       Minority Int   853  771  1 655  1 175  1 067  Plc, for the disposal by Sanlam UK of its 100% shareholding in
       Core Earnings  3 716  2 863  7 150  11 627  10 923  Sanlam Life & Pensions UK Ltd. (“SLP”) (the “Transaction”) in
       TotCompIncLoss  2 506  6 777  3 788  15 100  10 180  line with Sanlam’s strategy to simplify its UK operations and real-
       Hline Erngs-CO  4 003  9 249  7 481  9 162  9 757  locate capital to Africa and other selected emerging markets.
       Fixed Ass     4 110  4 344  3 449  3 597  1 839  The Transaction consideration is GBP39 million and is not a cate-
       Inv & Loans  782 108  814 074  770 995  690 744  656 020  gorised transaction in terms of the Listings Requirements of the
       Def Tax Asset  2 728  2 843  1 872  2 249  2 083  JSE Ltd. Conditions precedent to the Transaction include regula-
       Tot Curr Ass  88 218  89 451  87 627  82 403  62 314  tory approvals in South Africa and the UK.
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