annual report grupo security - Banco Security

More documents

Recommendations

Info

D I V I D E N D S P A I DThe following table shows the history of dividends paid by Grupo Security to its shareholders since the company firstquoted its shares on the stock market in 1995.DIVIDENDS PAIDHISTORIC PESOSDIV.NO.DATECH$PER SHAREAMOUNT(MILLIONS OF CH$)DIV.NO.DATECH$PER SHAREAMOUNT(MILLIONS OF CH$)1 March 3, 1995 1.766 2,9222 May 9, 1996 1.571 2,6003 May 8, 1997 2.000 3,3094 November 20, 1997 1.000 1,6555 May 11, 1998 1.500 2,4826 October 14, 1998 4.500 7,4467 October 14, 1998 1.000 1,6558 April 12, 1999 2.000 3,3099 October 20, 1999 1.000 1,65510 October 20, 1999 0.500 82711 April 17, 2000 2.750 4,55012 October 27, 2000 0.250 41413 October 27, 2000 1.000 1,65514 April 30, 2001 2.000 3,30915 October 23, 2001 0.400 66216 October 23, 2001 0.600 99317 May 7, 2002 2.200 3,64018 October 17, 2002 0.330 54619 October 17, 2002 0.270 44720 May 5, 2003 2.600 4,30221 October 16, 2003 0.742 1,22822 October 16, 2003 0.758 1,25423 May 7, 2004 3.150 5,21224 October 7, 2004 0.500 87625 October 7, 2004 1.000 1,75126 April, 2005 3.300 6,73327 October, 2005 1.000 2,04028 October, 2005 0.750 1,53029 April 17, 2005 3.750 8,25430 October, 2006 1.000 2,20131 October, 2006 1.150 2,53132 April, 2007 4.150 9,13433 October, 2007 1.700 3,74234 October, 2007 1.100 2,421S T O C K M A R K E T P E R F O R M A N C EDuring 2007, the local stock market produced an annual return of 13.3%, mainly generated in the first half. Thisresult was significantly below the return shown by the IPSA (selective price index) in 2006 when it was 37.1%. Themarket in the second half of the year showed high volatility largely induced by the behavior of external stock marketsfollowing the deepening of the sub-prime mortgage crisis in the United States. In that period, the local marketperformance was aligned with the other emerging countries, showing reduced returns.In this context, the performance of the shares of Grupo Security continued its upward trend, especially in the first halfof the year, to show an annual increase of 43.93% and closing at Ch$194 per share at the end of December 2007.
annual report 2007grupo securitypage 73The shares of Grupo Security had a 100% trading presence during the year. The price/earnings ratio of the Securityshare reached 13.3 times, compared to 11.5 times in 2006.The following graph shows the fluctuations in the share price of Grupo Security, compared to the IPSA and IGPA(general stock price index).40025035030020025020015010010015010050IPSAIGPASHARE500DIC·95 DIC·96 DIC·97 DIC·98 DIC·99 DIC·00 DIC·01 DIC·02 DIC·03 DIC·04 DIC·05 DIC·06 DIC·070movement in security share priceand the IPSA / IGPASOURCE: ECONOMÁTICAHISTORIC PESOSS T O C K M A R K E T I N D I C A T O R S A N D S H A R E T R A D I N GThe following table shows some stock market indicators of Grupo Security at the end of each year from 1999to 2007.STOCK MARKET INDICATORSHISTORIC PESOS199920002001200220032004200520062007Share Price 52.1 50.1 66.1 61.1 107.1 124.9 117.9 140.0 194.0Earnings per share 5.57 5.81 5.35 4.44 8.53 7.60 9.91 12.15 14.55Price/earnings ratio 9.40 8.60 12.30 13.70 12.50 16.44 11.90 11.52 13.34Trading presence 86.9% 50.0% 49.8% 35.3% 43.6% 49.0% 99.6% 99.6% 100%Number of shares (millions) 1,655 1,655 1,655 1,655 1,655 2,040 2,040 2,201 2,201Market capitalization (US$ millions) 163 145 167 142 296 455 468 579 857
Page 1:
a n n u a l r e p o r t2 0 0 7g r u
Page 5 and 6:
annual report 2007grupo securitypag
Page 7:
Page 10 and 11:
Security produced a 148% real incre
Page 12 and 13:
B O A R D O F D I R E C T O R SC H
Page 14 and 15:
SUPERBRANDSSuperbrands placed Grupo
Page 16 and 17:
FUNDACION CHILEUNIDO SEMINARFUNDACI
Page 18 and 19:
1981Banco Urquijo de Chile is forme
Page 21 and 22:
economic and financial environment
Page 23 and 24: annual report 2007grupo securitypag
Page 25: annual report 2007grupo securitypag
Page 36 and 37: A R E A S O F B U S I N E S SThe fo
Page 38 and 39: F I N A N C I N GGrupo Security par
Page 40 and 41: B A N C O S E C U R I T YThe missio
Page 42 and 43: • PRIVATE BANKINGThis is focused
Page 44 and 45: I N V E S T M E N T SGrupo Security
Page 46 and 47: MUTUAL FUNDS SECURITYSHORT-TERM FIX
Page 48 and 49: I N S U R A N C ET H E I N S U R A
Page 50 and 51: In terms of investment income, life
Page 52 and 53: 2.45%54.9432.71%2.04%44.1901.63%1.5
Page 54 and 55: S E R V I C E SIn order to provide
Page 56 and 57: T R A V E L S E C U R I T Y S . A .
Page 59 and 60: investment and financing policies
Page 68 and 69: I n f o r m a t i o n o n t h e c o
Page 70 and 71: The human team making up Grupo Secu
Page 72 and 73: D I R E C T O R S ’ A L L O W A N
Page 76 and 77: The following shows the volume of G
Page 78 and 79: M A T E R I A L I N F O R M A T I O
Page 81 and 82: financial statementsunconsolidatedc
Page 83 and 84: I N D E P E N D E N T A U D I T O R
Page 107 and 108: I N D E P E N D E N T A U D I T O R
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
G R U P O S E C U R I T Y S U B S I
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
D E C L A R A T I O N O F L I A B I
Page 187 and 188:
A D D R E S S E S O F C O M PA N I
Page 189 and 190:
Page 191 and 192:
Page 193:
Page 196:
w w w . s e c u r i t y . c ld e s
show all

annual report grupo security - Banco Security

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?