Pt Siloam International Hospitals Tbk Reg-s · IDX:SILO
Pt Siloam International Hospitals Tbk Reg-s — PT Siloam International Hospitals — 9M 2014 Earnings Presentation
28 slides from Pt Siloam International Hospitals Tbk Reg-s's earnings presentation, Oct 29, 2014
Slide 1: Indonesia's Largest, Fastest Growing, World Class Hospital Group
PT Siloam International Hospitals Tbk Indonesia’s Largest, Fastest Growing, World Class Hospital Group 9M2014
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by PT Siloam International Hospitals, Tbk (SILO ) and is circulated for the purpose of general information only. It is not intended for any specific person or purpose and does not constitute a recommendation regarding the securities of SILO. No warranty
Slide 3: Contents
Contents Where We Are In Lippo Karawaci 01 Highly Experienced & Professional Management 02 The Vision 03 The Journey 04 The Operations 05 The Strategy & Business Model 06 - 08 Premier Private Hospital Group 09 - 13 Financial & Operational Performance 14 – 23
Slide 4: SILO Ownership Structure
01 SILO Ownership Structure 4 LIPPO RELATED COMPANIES PUBLIC 25.45% 74.55 % As of 30 Sept 2014 No. of Outstanding Shares : 23,077.689.619 Code : LPKR.JK ; LPKR IJ DEVELOPMENT REVENUE RECURRING REVENUE RESIDENTIAL & URBAN DEVELOPMENT ASSET HOSPITALS COMMERCIAL MANAGEMENT • Lippo Village • Kemang Vill
Slide 5: Highly Experienced & Professional Management
02 Highly Experienced & Professional Management 5 Board of Commissioners Ketut Budi Wijaya dr. Gershu Paul Theo L. Sambuaga Lambock V. Rahmawaty Farid Harianto Prof. Dr. H. Muladi, S.H Ir. Jonathan L. President Group Executive Commissioner Nahattands Commissioner Independent Independent Parapak Comm
Slide 6: The Vision
03 The Vision 6 By 2017.. • Beds 3,900 to 10,000 International Reach • Patients per annum Quality 2 million to 15 million Godly Compassion • Hospitals 18 to 40 hospitals 13 to over 25 cities Scale Affordable and Accessible Healthcare to all socio economic segments
Slide 7: The Journey
04 The Journey SHLV – Indonesia’s First Hospital to be BIMC Nusa Dua – Indonesia’s First Accredited and Re-accredited by JCI Hospital to be Accredited by ACHS (2007, 2010 and 2013) RSUS Australia (2014) SH Manado SH Makassar SH Bali SH SH Lippo SH SH SH SH MRCCC Lippo Village Cikarang Palembang Sima
Slide 8: The Operations
05 The Operations 8 Unrivalled scale across Indonesia Sumatra Population : Maluku Population : 50.6 mio 2.6 mio Sulawesi Population : 17.4 mio JCI ACHSI Kalimantan Population : 13.8 mio Papua Population : 3.6 mio Java Population : 136.6 mio Nusa Tenggara Population : 9.2 mio Bali Population : 3.9 mi
Slide 9: The Strategy & Business Model: 4 Pillar Foundation
06 The Strategy & Business Model 9 4 Pillar Foundation 1 2 3 4 Emergency Technology Telemedicine Doctors Siloam Doctor Excellence in State-of-the-Art Digital Telemedicine Partnership and Emergency Services Medical Equipment “Hub and Spoke” Development 500-911 and Systems Program 4 Pillar Foundation
Slide 10: The Strategy & Business Model: Clinical Service Delivery
07 The Strategy & Business Model 10 Clinical Service Delivery Siloam’s Integrated Healthcare Delivery Model • Integrated Centres of Excellence: Neuroscience, Cardiology, Cancer, Orthopedic, Urology, Fertility • Access to • Hub and Spoke strategy and extensive coverage of specialised services via Dig
Slide 11: The Strategy & Business Model: UPHMS
08 The Strategy & Business Model 11 UPHMS (UPH Medical Sciences) Bringing Together Clinical, Research & Education • Best practice Models • Remote Access Diagnosis (RAD) Centre of Excellence and and Remote Access Clinical Global Reputation Management (RACM) • Telemedicine • Centres of Clinical Excell
Slide 12: Premier Private Hospital Group: Mature and Developing Hospitals
09 Premier Private Hospital Group 12 Mature and Developing Hospitals SILOAM HOSPITALS LIPPO VILLAGE MRCCC SILOAM SEMANGGI TANGERANG (West of Jakarta) SOUTH JAKARTA 308 Bed Capacity JCIA 331 Bed Capacity 230 GP and Specialists 175 GP and Specialists 440 Nurses 206 Nurses Centre of Excellence : Neuros
Slide 13: Premier Private Hospital Group: New Hospitals in 2012
10 Premier Private Hospital Group 13 New Hospitals in 2012 SILOAM GENERAL HOSPITAL (RSUS) SILOAM HOSPITALS CINERE TANGERANG (West of Jakarta) DEPOK (South of Jakarta) 640 Bed Capacity 40 Bed Capacity 25 GP and Specialists 16 GP and Specialists 205 Nurses 43 Nurses Centre of Excellence: Cardiology SI
Slide 14: Premier Private Hospital Group: New Hospitals in 2013 and 2014
11 Premier Private Hospital Group 14 New Hospitals in 2013 SILOAM HOSPITALS BALI BIMC KUTA BALI BALI 281 Bed Capacity 18 Bed Capacity 100 GP and Specialists 51 GP and Specialists 154 Nurses 61 Nurses Centre of Excellence : Emergency & Trauma, Centre of Excellence : Emergency & Trauma Medical Tourism
Slide 15: Hospitals Scheduled To Be Operational In Q4 2014
12 Premier Private Hospital Group 15 Hospitals Scheduled To Be Operational In Q4 2014 SILOAM HOSPITALS MEDAN SILOAM HOSPITALS KUPANG NORTH SUMATERA EAST NUSA TENGGARA There are currently 32 sites under various stages of development
Slide 16: Awards
13 Premier Private Hospital Group 16 Awards 2014 Best Practices Award: Indonesia Healthcare Services Provider of The Year Siloam Hospitals Group Asian Patient Safety Award 2014: Innovation In Safe Communication Siloam Hospitals Kebon Jeruk Asian Patient Safety Award 2014: Medication Safety Siloam Ho
Slide 17: Operational & Financial Performance
Operational & Financial Performance For The 9 Months Ended September, 2014
Slide 18: Strong Financial Performance
15 Strong Financial Performance 18 Revenue EBITDA ( In Rp Bn ) ( In Rp Bn ) 487 3,364 14% +34% +63% +40% 2,504 298 +42% +35% 1,788 12% +22% +43% 221 +16% +10% 1,259 +23% 12% +21% 155 1,030 +12% 140 890 114 737 12% 102 14% 13% 14% 2008 2009 2010 2011 2012 2013 2014P 2008 2009 2010 2011 2012 2013 2014
Slide 19: 2014 Revenue Ramp Up
16 2014 Revenue Ramp Up 19 ( In Rp Bn ) 96% 3,504 3,364 2,504 2,415 2,486 71% 69% 1,568 1,522 45% 43% 751 751 21% 21% 14% 2013 Q1 2014A Q2 2014A Q3 2014A Q4 2014P Actual Guidance Projection
Slide 20: Revenue & EBITDA Contribution
17 Revenue & EBITDA Contribution 20 9M2014 Results by Hospital Category Revenue EBITDA 13% 14% 6% 6% 20% 13% 13% 8% 8% 11% 7% 7% 8% 88% 61% 50% 53% 9M2013 9M2014 9M2013 9M2014 4 Mature 2 Developing MRCCC RSUS 4 Mature 2 Developing MRCCC RSUS 4 New 2012 4 New 2013 2 New 2014 4 New 2012 4 New 2013 2 N
Slide 21: Revenue & EBITDA Analyses
18 Revenue & EBITDA Analyses 21 9M2014 Consolidated Results (i) 9M2013 9M2014 Particulars ∆% IDR Bn IDR Bn GOR 1,830 2,415 32% Service Cost 493 626 27% NOR 1,336 1,789 34% Material Cost 594 756 27% Gross Margin 742 1,033 39% Operating Expenses 516 670 30% EBITDAR 226 363 61% % to GOR 12.3% 15.0% Ren
Slide 22: Balance Sheet
19 Balance Sheet 22 9M2014 Consolidated Results (i) In Rp Bn FY 2013 9M2014 ∆% Assets Cash & Equivalent 515 399 -23% Property and Equipment 1,402 1,540 10% Total Assets 2,601 2,855 10% Liabilities & Equity Liabilities 962 1,166 21% Shareholders' Equity 1,639 1,689 3% D/E Ratio 0.37 0.41
Slide 23: Average Revenue Per Patient
20 Average Revenue Per Patient 23 9M2014 IPD Average Revenue Per Patient (Rp Mn) 50.0 40.9 39.0 39.4 40.0 35.0 28.3 30.0 21.0 20.0 19.1 19.1 19.8 15.6 20.2 16.8 15.5 15.1 11.1 11.3 10.0 9.3 5.0 7.1 7.1 6.8 5.1 - 4 Mature 2 Developing MRCCC RSUS 4 New 2012 4 New 2013 1 New 2014 2010 2011 2012 2013 9M
Slide 24: Operational Update Patient Visits & Admissions
21 Operational Update Patient Visits & Admissions 24 9M2014 OPD Visits (+21%) (No of OPD Visits) 600,000 - 0.3% 498,123 496,821 400,000 12% 45% 284% 200,000 14% 167% 100,551 112,787 103,004 56,168 71,271 72,488 36,917 42,108 21,017 18,872 23,510 - - 4 Mature 2 Developing MRCCC RSUS 4 New 2012 4 New
Slide 25: Operational Update Patient Visits & Admissions
22 Operational Update Patient Visits & Admissions 25 9M2014 IPD Admissions (+32%) (No of OPD Visits) 40,000 - 0.9% 33,761 33,471 30,000 29% 20,000 77% 14,981 20% 11,608 390% 7,810 9,356 19% 9,206 10,000 7,500 3,512 4,192 5,210 4,922 1,531 - - 4 Mature 2 Developing MRCCC RSUS 4 New 2012 4 New 2013 2
Slide 26: Number of Hospital Growth
23 Number of Hospital Growth 26 2010 to 9M2014 20 Hospitals 18 Hospitals 16 Hospitals 12 Hospitals 7 Hospitals 4 Hospitals 2010 2011 2012 2013 9M2014 Target FY2014
Slide 27: Thank You
Siloam’ SHESpIIaE SILOAM HOSPITALS FOR INDONESIA CARE AND COMPASSION FOR THE NATION
Slide 28: Medical Emergency can happen anytime
Medical Emergency can happen anytime 9500-911 Timely Responsive, Stabilise, Compassioned... A Siloam Commitment *When Calling from your mobile phone, please add country code (+62) and area code (Jakarta 021 or Bali 0361) before 500-911
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