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Momentum Metropolitan Holdings Ltd.
Short Name:MOMMETJSE Code:MTM
Sector:Life AssuranceReg No:2000/031756/06
Founded:21/12/2000Listed:21/09/2001
Nature of business:
Momentum Metropolitan Holdings Ltd. (MTM) is a South African based financial services group listed on the Johannesburg and Namibian Stock Exchange. MTM was formed from the merger of Metropolitan and Momentum, sizeable insurance-based financial services companies in South Africa and listed on the Johannesburg Stock Exchange on 1 December 2010.With market capitalisation of R28 billion and an embedded value of R39.6 billion (to end June 2018), MTM remains one of South Africa's larger life insurers and integrated financial services company.MTM conducts its business through operating brands Metropolitan, Momentum, Guardrisk and Eris Properties.
Next AGM: 26/11/2019 (Confirmed)

General Information:
Chairman:Mfundiso J N Njeke
Company Secretary:Gcobisa Tyusha
E-mail Address:info@mmiholdings.co.za
Postal Address:PO Box 7400, Centurion, 0046
Internet Address:http://www.mmiholdings.com
Telephone:(012) 671-8911
Fax:(012) 671-8656

Financial Information:
Amounts in ZAR MillionsDEC 2018
Interim
JUN 2018
Final
Income Statement
 
Total Income 18 70675 299
Income Attributable To Equity Holders 1 2411 369
 
Earnings Per Share (ZARc) per share (cents)83.2088.20
Headline Earnings Per Share (Cont Ops) (ZARc) per share (cents)90.9093.00
Distributions Per Share (ZARc) per share (cents)35.00-
 
Balance Sheet
 
Ordinary Shareholders' Interest 22 40022 328
Insurance Funds 379 233390 342
 
 
Total Capital Employed 448 014453 575
 
 
Investments 8 9308 614
Other Current Assets 404 945412 752
Net Current Assets 423 573428 897
 
Net Asset Value Per Share (ZARc) (cents)1 539.521 476.72

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