 |
|
|
|
|
|
|
|
| Income statement | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
| Gross premiums (Rm) | 3,191.1 | 3,189.1 | 2,928.0 | 2,379.0 | 1,867.3 | 1,691.3 | 1,558.4 |
| Net premiums (Rm) | 2,700.9 | 2,661.0 | 2,379.1 | 1,983.4 | 1,591.2 | 1,451.3 | 1,371.7 |
| Underwriting profit/(loss) (Rm) | 235.8 | 127.7 | (21.3) | (8.7) | (13.0) | (59.5) | (58.8) |
| Investment income (Rm) | 169.0 | 152.7 | 129.2 | 156.2 | 170.0 | 162.1 | 160.3 |
| Taxation (Rm) | 109.2 | 82.0 | 20.7 | 82.3 | 101.9 | 3.3 | 21.7 |
| Net profit attributable to members of | |||||||
| the Company (Rm) | 327.9 | 223.9 | 115.1 | 142.3 | 186.7 | 188.6 | 162.4 |
| Headline earnings per share (cents) | 2,140.8 | 1,475.5 | 627.6 | 292.2 | (71.4) | 601.7 | 612.5 |
| Special dividends per share, declared | |||||||
| (cents) | 2,300.0 | – | – | – | 4,900.0 | – | – |
| Normal dividends per share, declared | |||||||
| (cents) | 650.0 | 450.0 | 400.0 | 700.0 | 700.0 | 590.0 | 475.0 |
| Normal dividend cover on headline | |||||||
| earnings | 3.3 | 3.3 | 1.6 | 0.4 | (0.1) | 1.0 | 1.3 |
| Balance sheet | |||||||
| Investments | |||||||
| – Investment property (Rm) | 28.0 | 27.2 | 29.9 | 57.4 | 52.7 | 50.5 | 46.9 |
| – Originated loans (Rm) | 8.4 | 9.4 | 44.8 | 54.5 | 19.3 | 24.2 | 263.3 |
| – Government and other interest | |||||||
| bearing securities (Rm) | 328.4 | 257.3 | 190.8 | 178.8 | 192.5 | 426.6 | 291.8 |
| – Shares (Rm) | 538.2 | 491.2 | 489.5 | 667.2 | 715.5 | 993.2 | 838.6 |
| Total (Rm) | 903.0 | 785.1 | 755.0 | 957.9 | 980.0 | 1,494.5 | 1,440.6 |
| Bank and cash balances (Rm) | 1,152.4 | 889.1 | 683.0 | 598.6 | 453.1 | 579.3 | 414.2 |
| Total assets (Rm) | 3,475.1 | 2,936.8 | 2,667.4 | 2,573.1 | 1,991.9 | 2,570.3 | 2,099.4 |
| Net asset value per share (cents) | 12,424 | 9,835 | 8,002 | 8,321 | 7,987 | 13,079 | 10,063 |
| Solvency margin (%) | 57.9 | 47.1 | 43.3 | 53.9 | 60.3 | 110.0 | 89.4 |
| Share price (cents) | 14,800 | 8,200 | 8,500 | 10,000 | 8,000 | 10,000 | 10,600 |