Investor Presentaiton
IFS has a stable dividend inflow from its subsidiaries
Relevant Net Profit (S/ mm)
Interbank
Local GAAP
Seguros
Interseguro + Sura Local GAAP
ROE
25.5%
26.6%
23.2%
20.8%
48.0%
30.1%
25.6%
16.2%
Industry
19.8%
22.3%.
20.0%
18.4%
17.5%
18.7%
15.3%
12.8%
ROE
860
875
902
709
2014
2015
2016
2017
Dividends declared (S/mm)
Interbank
45%
45%
319
INTELIGO
IFRS
28.1%
20.0%
28.4%
27.3%
207
134
171
188
106
163
100
86
2014
2015
2016
2017
2014
2015
2016
2017
In 2014, Interseguro reported S/ 135 mmm extraordinary
income from sale of real estate investments under local
GAAP
Interseguro + Seguros Sura
45%
100% (1)
52%
Pay-out ratio
Pay-out ratio
394
380
207
50%
52
43
2014
2015
2016
2014
2015
2016
Note: Total dividends paid of S/587mm, S/ 484mm and S/ 532mm for 2014, 2015 and 2016, respectively. Included S. Sura's results
(1) Dividend pay-out ratio impacted by extraordinary income from sale of real estate.
INTELIGO (2)
80%
107
2014
80%
80%
Pay-out ratio
90
00
2015
137
2016
(2) Amounts in US Dollars converted at average FX exchange rate (2.838 Sol per US$ for 2014, 3.184 Sol per US$ for 2015 and 3.375 Sol
per US$ for 2016.
Intercorp Financial Services
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