Page 186 - Profile's Stock Exchange Handbook -2024 Issue 4

JSE – SAN Profile’s Stock Exchange Handbook: 2024 – Issue 4
Current Ratio 1.64 1.69 1.90 1.62 0.83
Sanlam Ltd. Div Cover* - 1.76 1.66 1.38 0.12
*Please note that these line items for June 2024, December 2023 and December 2022
SAN
results relate to continuing operations.
NUMBER OF EMPLOYEES: 22 320
DIRECTORS: BirrellAS(ind ne), BothaAD(ne),
Essoka E (ind ne), KrugerNAS(ind ne),
Manyonga N (ind ne), Masilela E (ind ne),
MokokaMG(ind ne), MollerJP(ind ne),
NkosiSA(ne), NondumoKT(ind ne),
Skweyiya T (ind ne), van Biljon W (ind ne),
van Zyl Dr J (ne), ZinnSA(ind ne),
ISIN: ZAE000070660 SHORT: SANLAM CODE: SLM Mvusi T I (Chair, ind ne),
REG NO: 1959/001562/06 FOUNDED: 1918 LISTED: 1998 Scan the QR code to Motsepe Dr P T (Dep Chair, ne),
Hanratty P B (CEO), Mukhuba A (FD)
visit our website
NATURE OF BUSINESS: POSTAL ADDRESS: PO Box 1, Sanlamhof, 7532
Sanlam is a leading non-banking financial services group on EMAIL: ir@sanlam.co.za
WEBSITE: www.sanlam.com
the African continent, with a niche presence in Asia. Sanlam is COMPANY SECRETARY: Adela Fortune
a market leader in life insurance, generalinsurance and invest- TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
ment management in its home market of South Africa as well SPONSOR: Standard Bank of South Africa Ltd.
as other countries across the African continent. With a history AUDITORS: KPMG Inc., PwC Inc.
spanning over a century of serving clients, Sanlam has a BANKERS: Absa Bank Ltd.
well-established brand, leading industry skills and expertise, CALENDAR Expected Status
and high levels of customer loyalty. Next Final Results Mar 2025 Unconfirmed
Sanlam offers unrivalled long-term growth potential through
a unique platform that positions them to grow in countries Annual General Meeting Jun 2025 Unconfirmed
with low insurance penetration and high long-term economic Next Interim Results Sep 2025 Unconfirmed
growth prospects. As Sanlamgrows, it contributes to develop- CAPITAL STRUCTURE AUTHORISED ISSUED
ing financial service industries in the countries where it SLM Ords 1c ea 4 000 000 000 2 117 153 949
operates. Sanlam’s innovative partnership approach brings DISTRIBUTIONS [ZARc]
scale and reach to its operations while supporting shared Ords 1c ea Ldt Pay Amt
value creation and financial inclusion. Sanlam works hard to Final No 26 2 Apr 24 8 Apr 24 400.00
retain its clients’ trust and its leading reputation by maintain- Final No 25 3 Apr 23 11 Apr 23 360.00
ingthe highest ethicalandgovernancestandards andensuring Final No 24 5 Apr 22 11 Apr 22 334.00
it shares the benefit of its vast financial resources by investing Final No 23 6 Apr 21 12 Apr 21 300.00
for good. This, coupled with resilient and consistent financial LIQUIDITY: Oct24 Avg 23m shares p.w., R1 691.0m(56.1% p.a.)
performance, underpinned by a strong capital base and LIFE 40 Week MA SANLAM
excellent operational cash generation, ensures the long-term
8889
sustainability of its business.
8007
SECTOR: Fins—Insurance—Life Insurance—Life Insurance
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024 7125
Government Employees Pension Fund (PIC) 14.91%
Ubuntu-Botho Investments (Pty) Ltd. 13.81% 6243
Ninety One SA (Pty) Ltd. 5.53%
FINANCIAL STATISTICS 5361
(R million) Jun 24 Dec 23 Dec 22 Dec 21 Dec 20
Interim Final Final(rst) Final(rst) Final(rst) 4479
2019 | 2020 | 2021 | 2022 | 2023 | 2024
FundsFmClients* 96 794 206 220 109 702 177 807 132 866
Financial Ser* 12 770 18 830 13 777 14 327 4 171 Recent Announcements
NetIntPd(Rcvd)* 609 1 106 821 714 835 Tuesday, 08 October 2024: Sanlam Shareholders were referred to
Tax on op inc* 4 210 7 079 3 464 5 352 3 805 the joint firm intention announcement (“FIA”) released by
Minority Int* 1 250 2 008 733 960 684 Sanlam, Sanlam Life and Assupol Holdings Ltd. (“Assupol”) via
Core Earnings* 9 636 11 595 11 227 9 026 718 the CTSE News Service and SENS on 02 February 2024, as well
TotCompIncLoss 8 591 16 846 11 672 13 368 4 545
Hline Erngs 9 837 14 465 9 687 9 041 7 104 as the subsequent SENS announcement released on 17
Fixed Ass 2 212 2 550 1 776 4 312 4 344 September 2024, regarding Sanlam Life’s offer to acquire all of
Inv & Loans 867 152 827 309 773 272 815 914 812 948 the issued ordinary shares in Assupol (other than treasury
Def Tax Asset 1 593 1 619 1 630 3 319 2 843 shares) by way of a scheme of arrangement or, subject to certain
Tot Curr Ass 52 139 55 886 58 047 86 277 89 451 trigger events, a standby tender offer.
SH Funds 88 724 88 530 84 577 82 147 64 712 The board of directors of Sanlam informed shareholders that all
Minority Int 8 912 8 375 14 381 14 387 12 512 Scheme Conditions Precedent have been fulfilled, and the
LT Liab 871 436 840 942 850 790 901 200 757 290 transaction was successfully implemented on the Scheme
Tot Curr Liab 31 742 33 038 30 612 53 393 108 156 Implementation date of 07 October 2024.
PER SHARE STATISTICS (cents per share) Tuesday, 17 September 2024: Sanlam Shareholders were referred to
Core EPS(ZARc) 478.00 702.60 598.20 459.40 34.80 the joint firm intention announcement released by Sanlam,
HEPS-C (ZARc) 458.90 533.10 422.30 438.40 344.50 Sanlam Life and Assupol Holdings Ltd. (“Assupol”) on CTSE
Pct chng p.a. 72.2 26.2 - 3.7 27.3 - 4.8 NewsServiceandSENS,on02February2024,regardingSanlam
Tr 5yr av grwth % - 5.2 - 1.7 - 1.2 - 5.4 Life’s offertoacquire allofthe issued ordinary shares in Assupol
DPS (ZARc) - 400.00 360.00 334.00 300.00 (other than treasury shares) by way of a scheme of arrangement
Pct chng p.a. - 11.1 7.8 11.3 - 10.2 or, subject to certain trigger events, a standby tender offer.
Tr 5yr av grwth % - 5.4 4.7 4.8 4.4 Sanlam announced that all Scheme Conditions Precedent have
NAV PS (ZARc) 4 053.92 3 999.55 3 797.97 3 688.85 2 856.16 been fulfilled and the Scheme is now wholly unconditional.
3 Yr Beta 0.81 0.76 1.12 1.06 1.10 Tuesday, 17 September 2024: Sanlam Shareholders were referred to
Price High 8 550 7 431 7 320 6 546 8 109 the joint firm intention announcement released by Sanlam,
Price Low 6 150 4 843 4 686 5 229 3 850 Sanlam Life and Assupol Holdings Ltd. (“Assupol”) on CTSE
Price Prd End 8 092 7 280 4 872 5 936 5 875 NewsServiceandSENS,on02February2024,regardingSanlam
RATIOS Life’s offertoacquire allofthe issued ordinary shares in Assupol
Ret on SH Fnd 11.60 17.54 14.00 11.76 1.82 (other than treasury shares) by way of a scheme of arrangement
Ret On Tot Ass* 1.49 2.11 1.56 1.49 0.56 or, subject to certain trigger events, a standby tender offer.
Oper Pft Mgn* 13.19 9.13 12.56 8.06 3.14 Sanlam announced that all Scheme Conditions Precedent have
D:E 1.55 1.58 2.02 2.09 1.71 been fulfilled and the Scheme is now wholly unconditional.
Int Cover 20.97 17.03 16.78 20.07 5.00
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