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Sanlam (JSE:SLM) Retained Earnings : R77,779 Mil (As of Dec. 2024)


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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. 2024 was R77,779 Mil.

Sanlam's quarterly retained earnings declined from Dec. 2023 (R71,148 Mil) to Jun. 2024 (R65,554 Mil) but then increased from Jun. 2024 (R65,554 Mil) to Dec. 2024 (R77,779 Mil).

Sanlam's annual retained earnings increased from Dec. 2022 (R68,444 Mil) to Dec. 2023 (R71,148 Mil) and increased from Dec. 2023 (R71,148 Mil) to Dec. 2024 (R77,779 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.

* Premium members only.

Sanlam Retained Earnings Chart

Sanlam Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49,178.00 63,423.00 68,444.00 71,148.00 77,779.00

Sanlam Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68,444.00 66,430.00 71,148.00 65,554.00 77,779.00

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  (JSE:SLM) 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 Business Description

Traded in Other Exchanges
Address
2 Strand Road, Bellville, ZAF, 7530
Sanlam Ltd sells insurance products and provides investment and wealth management services. Its operating segments include Sanlam Life and Savings, further divided into SA Retail Affluent provides life insurance and investment solutions to the middle and upper level of the market, SA Retail Mass provides life insurance and investment solutions to the entry level market; and Sanlam Corporate provides employee benefits services, group risk and investment services to retirement funds and corporates; Sanlam Emerging Markets incorporates Sanlam's businesses outside of South Africa, except for Sanlam UK and the smaller businesses in Australia; Sanlam Investment Group incorporates investment and wealth management businesses; and Santam being Sanlam's general insurance provider in South Africa.