Sanlam Limited: Interim results for the six months ended 30 June 2024.

Sanlam Limited: Interim results for the six months ended 30 June 2024.
Sanlam achieved robust operating performance in the first half of 2024.
Key performance indicators
For the six months ended 30 June Unit 2024 2023 % change  
Earnings        
Shareholders' fund information        
Net result from financial services (1) R Million 7 056 6 177 14%
Cash net result from financial services (2) R Million 7 181 6 256 15%
Net operational earnings R Million 8 087 7 486 8%
Headline earnings R Million 9 838 6 902 43%
Weighted average number of shares Million 2 108 2 068 2%
Adjusted weighted number of shares Million 2 116 2 204 (4%)
Net result from financial services per share   cents   333 280 19%
Cash net result from financial services per share cents   339 284 20%
Net operational earnings per share cents   382 340 12%
Headline earnings per share cents   473 339 40%
Diluted headline earnings per share cents   467 334 40%
International Financial Reporting Standards (IFRS) information        
Basic profit attributable to shareholders per share cents   478 389 23%
Diluted profit attributable to shareholders per share cents   471 383 23%
Business volumes
  Total new business volumes R million   203 992   190 793   7%  
Total net client cash flows R million   23 972   11 357   111%  
Life insurance        
New business volumes (PVNBP)(3) R million   51 044   44 751   14%  
Value of new covered business R million   1 394   1 265   10%  
New covered business margin %   2,73   2,83    
Life insurance net client cash flows R million   10 570   7 465   42%  
General insurance        
New business volumes R million   23 667   24 039   (2%)  
Net client cash flows R million   9 254   8 698   6%  
Investment management        
New business volumes R million   143 129   134 317   7%  
Net client cash flows R million   4 148   (4 ,806)   186%  
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