Annual Report 2012 - Swiss Life

More documents

Recommendations

Info

250 Share Performance and Historical Comparison Share Performance and Historical Comparison The Eurozone debt crisis in 2012 generated a high level of uncertainty among market players. Despite interest rates in Switzerland and Germany reaching record lows, the Swiss Life share price delivered extremely strong performance of 41% in 2012. Swiss Life Share details Swiss security number 1 485 278 ISIN CH 001 485 278 1 Ticker symbol SIX SLHN Reuters SLHN.VX Bloomberg SLHN VX Share performance Amounts in CHF as at 2012 2012 2011 2010 2009 2008 Number of shares 31.12. 32 081 054 32 081 054 32 081 054 32 081 054 35 084 554 Annual high 23.11. 130.70 164.50 152.70 140.20 298.66 Annual low 04.06. 75.85 83.65 100.30 43.00 63.90 Year-end price 28.12. 121.40 86.40 135.20 132.00 72.40 Performance Swiss Life (in %) +41 –36 +2 +82 –74 Swiss Market Index (SMI) 28.12. 6 822 5 936 6 436 6 546 5 535 Performance Swiss Market Index (SMI) (in %) +15 –8 –2 +18 –35 Dow Jones STOXX 600 Insurance Index (in EUR) 31.12. 177.11 133.25 154.45 152.08 134.68 Performance Dow Jones STOXX 600 Insurance Index (in %) +33 –14 +2 +13 –47 Average trading volume 172 732 140 620 220 061 264 910 377 109 Market capitalisation (in CHF million) 28.12. 3 895 2 772 4 337 4 235 2 540 Basic earnings per share 2.88 18.97 17.46 8.86 10.88 Diluted earnings per share 2.86 18.87 17.37 8.83 10.88 Dividend paid per share 27.04. 4.50 4.50 2.40 5.00 17.00 Total dividend payout to shareholders (in CHF million) 27.04. 144 144 77 160 596 Dividend yield on year-end price (in %) 28.12. 3.71 5.21 1.78 3.79 23.48 Source: Bloomberg Swiss Life – Annual Report 2012
251 Share Performance and Historical Comparison Breakdown of registered shares with voting rights as at 31.12.2012 As % of registered Number of shares Number of shareholders shareholders 1 – 25 149 378 83.60 26 – 100 19 461 10.89 101 – 1 000 8 997 5.04 > 1 000 852 0.48 Total 178 688 100.00 standard & poor’s financial strength ratings as at 31.12.2012 Classification Outlook Swiss Life Ltd, Zurich A– stable Swiss Life Ltd, Branch Germany, Munich A– stable swiss life group historical comparison In CHF million (if not stated otherwise) 2012 2011 2010 2009 2008 Premium volume Gross written premiums, policy fees and deposits received 17 046 17 143 20 191 20 219 18 515 Figures from consolidated statement of income Net earned premiums 11 871 11 599 11 753 11 867 13 254 Net earned policy fees 309 295 298 268 260 Financial result (without share of results of associates) 6 043 4 459 4 368 4 588 600 Total income 19 075 17 291 17 844 17 816 15 356 Net insurance benefits and claims –13 819 –12 614 –12 704 –11 884 –12 915 Policyholder participation –1 104 –791 –1 073 –1 539 429 Operating expense –3 552 –2 913 –3 062 –3 478 –3 319 Total expense –18 728 –16 592 –17 150 –17 254 –16 198 Result from operations 346 699 694 562 –842 Net result from continuing operations 93 606 560 324 –1 143 Net result from discontinued operations – – – –47 1 488 Net profit 93 606 560 277 345 Net profit attributable to Equity holders of Swiss Life Holding 92 605 557 278 350 Non-controlling interests 1 1 3 –1 –5 Figures from consolidated balance sheet Equity 10 286 9 162 7 437 7 245 6 652 Insurance reserves 137 973 128 089 122 279 122 616 113 308 Balance sheet total 163 400 151 875 147 203 143 948 134 791 Further key figures Return on equity (in %) 0.9 7.3 7.6 4.0 5.0 Assets under control 181 330 164 604 149 899 148 186 134 326 Year-end embedded value 1 9 628 7 728 7 595 6 877 8 457 Value of new business 1 158 150 209 123 78 Number of employees (full-time equivalents) 7 046 7 168 7 483 7 820 8 291 1 Up to 2008, traditional embedded value methodology used; from 2009, market consistent embedded value methodology applied. Swiss Life – Annual Report 2012
Page 1:
Swiss Life Group annual report 2012
Page 4 and 5:
4 Facts & Figures The Swiss Life
Page 6 and 7:
6 Shareholder’s Letter Dear Share
Page 8 and 9:
8 Summary of Group results Summary
Page 10 and 11:
Amounts in CHF million 2012 2011 +/
Page 12 and 13:
12 Segment Reporting Segment Report
Page 14 and 15:
14 Segment Reporting New products l
Page 16 and 17:
16 Segment Reporting insurance Fran
Page 18 and 19:
18 Segment Reporting insurance Germ
Page 20 and 21:
20 Segment Reporting insurance inte
Page 22 and 23:
22 Segment Reporting Investment Man
Page 24 and 25:
24 Segment Reporting AWD The AWD Gr
Page 26 and 27:
26 Corporate Governance Corporate G
Page 28 and 29:
28 Corporate Governance Talanx AG,
Page 30 and 31:
30 Corporate Governance decreased t
Page 32 and 33:
32 Corporate Governance The accepta
Page 34 and 35:
34 Corporate Governance FRANK SCHNE
Page 36 and 37:
36 Corporate Governance HENRY PETER
Page 38 and 39:
38 Corporate Governance The Board o
Page 40 and 41:
40 Corporate Governance also regula
Page 42 and 43:
42 Corporate Governance Management
Page 44 and 45:
44 Corporate Governance MEMBERS OF
Page 46 and 47:
46 Corporate Governance Other appoi
Page 48 and 49:
48 Corporate Governance Transfer of
Page 50 and 51:
50 Corporate Governance The Board o
Page 52 and 53:
52 Corporate Governance COMPENSATIO
Page 54 and 55:
54 Corporate Governance In the same
Page 56 and 57:
56 Corporate Governance The number
Page 58 and 59:
58 Corporate Governance HIGHEST TOT
Page 60 and 61:
60 Corporate Governance Shareholder
Page 62 and 63:
62 Corporate Governance SUPERVISORY
Page 64 and 65:
64 Risk Management Risk Management
Page 66 and 67:
66 Market Consistent Embedded Value
Page 68 and 69:
Page 70 and 71:
In CHF million 2012 2011 70 Market
Page 72 and 73:
Page 74 and 75:
Page 76 and 77:
Page 78 and 79:
Page 80 and 81:
Page 82 and 83:
Page 84 and 85:
In CHF million Switzerland France G
Page 86 and 87:
Page 88 and 89:
Page 90 and 91:
Page 92 and 93:
Page 94 and 95:
Page 96 and 97:
Page 98 and 99:
Page 100 and 101:
100 Market Consistent Embedded Valu
Page 102 and 103:
102 Market Consistent Embedded Valu
Page 104 and 105:
104 Consolidated Financial Statemen
Page 106 and 107:
In CHF million Notes 2012 2011 106
Page 108 and 109:
In CHF million Notes 31.12.2012 31.
Page 110 and 111:
In CHF million 2012 2011 110 Consol
Page 112 and 113:
Page 114 and 115:
Page 116 and 117:
Page 118 and 119:
Page 120 and 121:
Page 122 and 123:
Page 124 and 125:
Page 126 and 127:
Page 128 and 129:
Page 130 and 131:
Page 132 and 133:
Page 134 and 135:
Page 136 and 137:
Page 138 and 139:
Page 140 and 141:
Page 142 and 143:
Page 144 and 145:
Page 146 and 147:
In CHF million Notes 31.12.2012 31.
Page 148 and 149:
Page 150 and 151:
Page 152 and 153:
Page 154 and 155:
Page 156 and 157:
Page 158 and 159:
In CHF million CHF EUR USD GBP JPY
Page 160 and 161:
Page 162 and 163:
Page 164 and 165:
In CHF million 31.12.2012 31.12.201
Page 166 and 167:
Page 168 and 169:
Page 170 and 171:
In CHF million 2012 2011 In CHF mil
Page 172 and 173:
In CHF million Notes 2012 2011 In C
Page 174 and 175:
In CHF million Notes 2012 2011 In C
Page 176 and 177:
Page 178 and 179:
Page 180 and 181:
Page 182 and 183:
Page 184 and 185:
In CHF million 31.12.2012 31.12.201
Page 186 and 187:
Page 188 and 189:
In CHF million 31.12.2012 31.12.201
Page 190 and 191:
Page 192 and 193:
Page 194 and 195:
Page 196 and 197:
In CHF million 31.12.2012 31.12.201
Page 198 and 199:
Page 200 and 201: 200 Consolidated Financial Statemen
Page 204 and 205: Number of shares 2012 2011 204 Cons
Page 208 and 209: In CHF million 2012 208 Consolidate
Page 210 and 211: In CHF million 01.04.2011 210 Conso
Page 226 and 227: 226 Swiss Life Holding Financial St
Page 228 and 229: In CHF million 2012 2011 228 Swiss
Page 230 and 231: As % of total share capital 31.12.2
Page 232 and 233: In CHF million 2012 2011 232 Swiss
Page 252 and 253: 252 Contacts and Publishing Details
Page 254: 130 286 The future starts here. Swi
show all

Annual Report 2012 - Swiss Life

Create successful ePaper yourself

Delete template?

Save as template?