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

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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