NVFH 2020 Integrated Annual Report

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ASSETS UNDER MANAGEMENTR30.1billionNVest:HighlightsREVENUEincreased by1%R310 million(2019: R306 mill)HEPS DOWN 2 %21. 78CENTSCASH RESERVESR171.8 millDIVIDENDS PER SHARE11.75 CENTSNET ASSET VALUE PER SHARE159.607% = CENTSGROWTH PROFIT BEFORE TAX10.3 % (NET OF FAIR VALUE ADJUSTMENT)4OFFICELOCATIONSGAUTENGTENSUBSIDIARIESWESTERNcapeeasterncapeGAUTENGCAPE TOWNEAST LONDONPORT ELIZABETH14NVest Financial Holdings Limited | INTEGRATED ANNUAL REPORT 2020
REVENUE - FEB 2020REVENUE (R)Investments*19%6%Insurancebroking350300250PROPERTY14%ADMIN OFESTATES &TRUSTS1%WEALTHMANAGEMENT60%R97,211,558R114,642,325R216,443,442R282,066,249R290,942,740R306,336,355R310,185,831200150100502014 2015 2016 2017 2018 2019 20200NPAT (R)80NPAT - FEB 2020706050Investments*51%Insurancebroking3%40R32,668,686R35,366,786R59,487,499R62,068,099R60,130,906R64,799,612R66,457,8362014 2015 2016 2017 2018 2019 20203020100PROPERTY3%1%ADMIN OFESTATES &TRUSTSWEALTHMANAGEMENT42%* Investments reflect those of NVest Financial Holdings Limited, which holds interests inand across the various Group Entities and from which it earns investment income.HEADLINE EARNINGSPER SHARE (CENTS)20172018201919.662020 18.4521.3021.7810.3011.00DIVIDENDSPER SHARE (CENTS)11.75 11.752017 2018 2019 202012.0011.5011.0010.5010.009.509.008.508.00AFRICAN, COLOURED33%& INDIAN EMPLOYEESNVest Financial Holdings Limited | INTEGRATED ANNUAL REPORT 2020 15
Page 5 and 6: GroupAwards2019 Morningstar Award-
Page 7 and 8: Contents06 Chairman’s Report08 Ch
Page 9 and 10: 01ABOUTNVESTHOLDINGSNVest Financial
Page 11 and 12: As a consequence of all of these th
Page 13 and 14: those of the previous year and, sec
Page 15 and 16: SubsidiaryFeb 2020RevenueFeb 2019Re
Page 17: worldwide, resulting in an economic
Page 21 and 22: ANTHONY DENIS GODWIN (60)CHIEF EXEC
Page 23 and 24: DR LANA JOY WELDON (46)INDEPENDENT
Page 25 and 26: Siviwe Relebohile Kwatsha (41)Group
Page 27 and 28: Name:Rob MastersLocation:NFB PWM EL
Page 29 and 30: Name:Melany AnnandaleLocation:NFB I
Page 31 and 32: 02GROUPAFFAIRSNVest Financial Holdi
Page 33 and 34: 199019941995Beyond our borders. NFB
Page 35 and 36: Our BusinessSummaryBrand Core Produ
Page 37 and 38: The evolutionof the NFB Brand1985NA
Page 39 and 40: NFB Private Wealth Management -the
Page 41 and 42: NFB Private Wealth Management- triu
Page 43 and 44: Loaves & Fishes NetworkDeep poverty
Page 45 and 46: NVest Financial Holdings Limited |
Page 47 and 48: Corporate Governance& Sustainabilit
Page 49 and 50: needs of the Board in considering s
Page 51 and 52: A detailed report of the Social and
Page 53 and 54: Legal Compliance: The inherentrisk
Page 55 and 56: PART 5.2: Strategy, performance and
Page 57 and 58: Principle 9Evaluations of the perfo
Page 59 and 60: • the Group’s risk management a
Page 61 and 62: (bb) the Organisation for Economic
Page 63 and 64: • internal audit policy including
Page 65 and 66: Remuneration andNominationsCommitte
Page 67 and 68: an incentive basis (mainly through
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Directors Responsibilitiesand Appro
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IndependentAuditor’s ReportIndepe
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Key audit matterGoodwill assessment
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material uncertainty exists, we are
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GeneralInformationNVest Financial H
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NVest Financial Holdings Limited an
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GeneralInformationCompany NameDate
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Notice of AnnualGeneral Meeting & P
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Explanatory note for ordinary resol
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person/s authorised by the board),
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In order for this resolution to be
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Special Resolution Number 1 -Genera
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(c)) and in terms of the memorandum
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NVFH 2020 Integrated Annual Report

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