Investor Presentaiton
IFS: Consistently delivering high growth & profitability
Net profit - IFRS (1)
(S/mm)
Dividends declared
(US$ mm)
Adj.
ROE (2)
23.1%
23.7%
19.8%
19.5%
Adjusted
Discount rate on technical reserves effect
1,239
949
834
226
57
838
150
1,045
954
892
868
181
147
146
(120)
2013
2014
2015
2016
(207)
2014
2015
2016
2017
ā Adjustment of technical reserves resulting from changes in discount rate
Source: SBS and Company information as of December 2017.
(1) Net profit increased due to releases of technical reserves resulting from increases in discount rate of S/ 57mm and S/ 226mm for 2014 and 2015, respectively,
but decreased due to higher technical reserves requirements resulting from a decrease in discount rate of S/ 120mm in 2016 and S/ 207mm in 2017.
(2) Adjusted ROE excluding interest rate effect.
Intercorp Financial Services
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