Page 69 - SHB 2021 Issue 4

Profile’s Stock Exchange Handbook: 2021 – Issue 4 JSE – ABS
WEBSITE: www.absa.africa
Absa Group Ltd. TELEPHONE: 011-350-4000
ABS COMPANY SECRETARY: Nadine R Drutman
TRANSFER SECRETARY: Computershare
Investor Services (Pty) Ltd.
SPONSORS: Absa Bank Ltd., JP Morgan Equities
South Africa (Pty) Ltd.
AUDITORS: Ernst & Young Inc., KPMG Inc.
Scan the QR code to BANKERS: Absa Bank Ltd.
visit our Investor
Centre
CALENDAR Expected Status
Next Final Results Mar 2022 Unconfirmed
Annual General Meeting Jun 2022 Unconfirmed
Next Interim Results Aug 2022 Unconfirmed
ISIN: ZAE000255915 SHORT: ABSA CODE: ABG
REG NO: 1986/003934/06 FOUNDED: 1986 LISTED: 1986 CAPITAL STRUCTURE AUTHORISED ISSUED
ABG Ords 200c ea 891 774 054 847 750 679
NATURE OF BUSINESS: DISTRIBUTIONS [ZARc]
Absa Group is a diversified financial services provider offering Ords 200c ea Ldt Pay Amt
an integrated set of products and services across personal and Interim No 68 14 Sep 21 20 Sep 21 310.00
business banking, credit cards, corporate and investment Final No 67 14 Apr 20 20 Apr 20 620.00
banking, wealth and investment management and insurance. Interim No 66 10 Sep 19 16 Sep 19 505.00
With its long-standing presence in 12 African markets and its Final No 65 9 Apr 19 15 Apr 19 620.00
regional and global expertise, the Group a strong platform to LIQUIDITY: Sep21 Ave 17m shares p.w., R1 813.4m(102.4% p.a.)
capture the growth opportunity in Africa. BANK 40 Week MA ABSA
SECTOR: Fins—Banks—Banks—Banks
ORDINARY SHAREHOLDERS as at 04 Feb 2021
Barclays Bank PLC 14.88% 21329
Public Investment Corporation Group 6.29% 17797
Old Mutual PLC 5.03%
NOTES: Barclays Africa Group Ltd. renamed to Absa Group Ltd. on 11 July 14264
2018
FINANCIAL STATISTICS 10732
(R million) Jun 21 Dec 20 Dec 19 Dec 18 Dec 17
Interim Final Final(rst) Final Final(rst) 2016 | 2017 | 2018 | 2019 | 2020 | 2021 7199
Interest Paid 18 535 44 194 51 337 45 481 43 285
Interest Rcvd 44 132 93 051 97 838 89 236 85 929 Recent Announcements
Operating Inc 17 971 33 482 31 353 29 712 30 091 Wednesday, 01 September 2021: Shareholders are advised that René van
Tax 3 335 3 156 5 772 6 282 5 882 Wyk, an independent non-executive director on the Group Board,
Minority Int 664 1 026 1 372 991 362 has been appointed as a member of the Group Audit and Compli-
Attrib Inc 8 162 5 880 14 256 13 917 13 888 ance Committee (GACC), with effect from 1 September 2021.
TotCompIncLoss 6 559 9 281 14 834 17 527 13 580 Absa interim results June 2021 - Monday, 16 August 2021: Total
Ord SH Int 121 656 115 671 113 278 109 484 108 614
Minority Int 12 198 11 988 10 761 7 478 6 000 income for the interim period increased to R41.2 billion (2020:
Dep & OtherAcc 1 105 237 1 048 000 943 716 857 726 757 257 R40.4 billion), operating profit before income tax shot up to
Liabilities 1 442 037 1 398 817 1 270 492 1 167 138 1 050 337 R12.3 billion (2020: R1.5 billion), profit attributable to ordinary
Inv & Trad Sec 395 637 378 025 278 453 266 400 246 265 equity holders jumped to R8.2 billion (2020: R485 million), and
Adv & Loans 1 036 603 1 014 507 976 723 894 860 805 198 headline earnings per ordinary share soared to 986.2 cents per
ST Dep & Cash 56 610 60 682 52 532 46 929 48 669 share (2020: 67.7 cents per share).
Total Assets 1 580 535 1 531 120 1 399 175 1 288 744 1 169 595 Declaration of ordinary dividend number 68
PER SHARE STATISTICS (cents per share) Shareholdersareadvisedthataninterimordinarydividendof310
EPS (ZARc) 983.30 711.80 1 717.60 1 676.50 1 665.70 cents per ordinary share was declared on 16 August 2021, for the
HEPS-C (ZARc) 986.20 730.90 1 750.10 1 703.70 1 724.50 period ended 30 June 2021. The interim ordinary dividend is
Pct chng p.a. 169.9 - 58.2 2.7 - 1.2 - 4.0 payable to shareholders recorded in the register of members of
Tr 5yr av grwth % - - 10.8 2.7 4.2 7.2
DPS (ZARc) 310.00 - 1 125.00 1 110.00 1 070.00 the Company at the close of business on 17 September 2021. The
Pct chng p.a. - - 100.0 1.4 3.7 3.9 directors of Absa Group Ltd. confirm that the Group will satisfy
Tr 5yr av grwth % - - 17.6 4.0 6.3 9.5 thesolvencyand liquiditytestimmediatelyafter completion of
NAV PS (ZARc) 14 350.00 13 957.00 13 669.00 13 233.00 13 042.00 the dividend distribution.
3 Yr Beta 1.52 1.49 0.43 0.35 0.70 Company prospects
Price Prd End 14 660 11 986 14 930 16 182 18 199 The IMF forecasts 6% growth for the global economy in 2021
Price High 15 331 15 318 18 822 21 000 19 830 following the historic 3.2% fall in world GDP last year. It expects
Price Low 12 671 6 330 14 223 13 628 13 322 Sub-Saharan economies to grow 3.4% in 2021 after declining
RATIOS 1.8% in 2020. The varying pace of achieving the goal of herd
Ret on SH Fund 12.75 5.22 12.14 12.26 11.95 immunity to COVID-19 and the evolving approach to social dis-
RetOn AveAsset 2.30 2.20 2.27 2.34 2.60
Oper Pft Mgn 73.84 38.57 75.07 78.72 76.66 tancing contribute to continued uncertainty in the global environ-
Div Cover 3.17 - 1.53 1.51 1.56 ment, as does the timing and approach that countries will take
Interest Mgn 0.03 0.03 0.03 0.03 0.04 towards normalising policy support.
LiquidFnds:Dep 0.05 0.06 0.06 0.05 0.06 For South Africa, the Group forecasts the economy will grow
NUMBER OF EMPLOYEES: 38 472 4.0% in 2021, against last year’s GDP contraction of 7.0%. It is
DIRECTORS: Abdool-Samad T (ind ne), DarkoAB(ind ne), expected that the positive effects of a growing global economy,
Keanly R (ind ne), Merson M (ind ne), Mjoli-MncubeNS(ind ne), higher commodity prices and supportive domestic monetary and
MunyantwaliSJ(ind ne), Naidoo D (ind ne), Okomo-Okello F (ind ne),
PityanaSM(ld ind ne), Rensburg Prof I (ind ne), Tonelli F (ne), fiscal policies are dampened somewhat by the health, economic
van Wyk R (ind ne), Lucas-Bull W E (Chair, ind ne), and social impacts of further waves of COVID-19, the fragile
Quinn J P (Interim CEO), Modise P (Interim CFO) business and consumer confidence, stretched electricity supply
POPULAR BRAND NAMES: Absa and the impact of the civil unrest in July 2021. Despite monetary
POSTAL ADDRESS: PO Box 7735, Johannesburg, 2000 and fiscal support, the Group believes that the economy is only
EMAIL: ir@absa.africa
likely to exceed fourth quarter 2019 levels by 2023.
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