Sanlam (NAM:SLA) Retained Earnings : R71,148 Mil (As of Dec. 2023)

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What is Sanlam Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sanlam's retained earnings for the quarter that ended in Dec. 2023 was R71,148 Mil.

Sanlam's quarterly retained earnings declined from Dec. 2022 (R68,444 Mil) to Jun. 2023 (R66,430 Mil) but then increased from Jun. 2023 (R66,430 Mil) to Dec. 2023 (R71,148 Mil).

Sanlam's annual retained earnings increased from Dec. 2021 (R63,423 Mil) to Dec. 2022 (R68,444 Mil) and increased from Dec. 2022 (R68,444 Mil) to Dec. 2023 (R71,148 Mil).

Sanlam Retained Earnings Historical Data

The historical data trend for Sanlam's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sanlam Retained Earnings Chart

Sanlam Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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59,851.00

49,178.00

63,423.00

68,444.00

71,148.00

Sanlam Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															63,423.00	49,905.00	68,444.00	66,430.00	71,148.00

Sanlam Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Sanlam (NAM:SLA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Sanlam (NAM:SLA) Business Description

Industry

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SLM:South Africa SLMAF:USA SLLDY:USA LA6A:Germany

Address

2 Strand Road, Bellville, ZAF, 7530

Website

https://www.sanlam.com

Sanlam sells multiple insurance products and provides a variety of investment and wealth management services. Its products and services are organized into five categories: life insurance, general insurance, investment management, credit and structuring, and administration, health, and other. Life and general insurance products include life, disability, medical, vehicle, home, building, and all risk. Investment management services include retail savings, asset management, and wealth management. Credit and structuring services include debt investments in business. The administration, health, and other services include estate planning, trusts, wills, unsecured lending, and health management. The majority of revenue comes from Africa.

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