Sanlam Group: 2011 Interim Results

Key Features


Earnings

  • Net result from financial services per share increased by 22%
  • Normalised headline earnings per share up 35%


Business volumes

  • New business volumes up 11% to R55 billion
  • Net value of new covered business up 26% to R356 million
  • Net new covered business margin of 2,52%, up from 2,32%
  • Net fund inflows of R11 billion, up 72%


Group Equity Value

  • Group Equity Value per share of R28,77
  • Annualised return on Group Equity Value per share of 12,8%
  • Adjusted annualised return on Group Equity Value per share of 12,6%


Capital management

  • Discretionary capital of R3,2 billion at 30 June 2011
  • Sanlam Life CAR cover of 3,2 times
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Sanlam Investments: assets under managementof R504 billion