Pt Bukit Asam (persero) Tbk · IDX:PTBA
Pt Bukit Asam (persero) Tbk — PT Bukit Asam — Q1 2019 Earnings Presentation
20 slides from Pt Bukit Asam (persero) Tbk's earnings presentation, Jul 14, 2019
Slide 1: PT Bukit Asam Tbk
PT Bukit Asam Tbk
Slide 2: Agenda
Agenda 1. Introduction 2. Q1 2019 Update 3. Company Overview 1
Slide 3: 1. Introduction
1. Introduction
Slide 4: PTBA operates a fully integrated large coal mining business
PT Indonesia Asahan Aluminium (Persero) owns ~65% of total shares The Subsidiaries and Indirect Subsidiaries Mining Trading Power Logistics Gas Investment Others Mining Power Gas Others Trading Logistics Investment PT Bukit Asam Tbk (“PTBA” or the “Company”) operates a fully integrated large coal
Slide 5: Key Milestones
Key Milestones 23 Dec 2002 PTBA was publicly listed on the Jakarta 1876 2 Mar 1981 Coal Mine in Ombilin, PN TABA was converted into a West Sumatera, limited corporation and its Stock Exchange with 35% of shares started operations name changed to PT Tambang held by the public. It traded with th
Slide 6: PTBA is One of The Fastest Growing and Lowest Cost Coal Producers in Indonesia
PTBA is One of The Fastest Growing and Lowest Cost Coal Producers in Indonesia 2018 Coal Production 2015 – 2018 Production CAGR (Mt) (%) 37.5% 36.8% 83.3 54.0 14.8% 11.0% 34.0 1.6% 28.9 26.4 22.6 22.1 (4.5%) (8.1%) Bumi Adaro Indika Bayan PTBA Golden ITMG Golden Bayan Bumi PTBA Adaro Indika ITMG Ene
Slide 7: 2. Update Q1 2019
2. Update Q1 2019
Slide 8: Key Performance Highlights
Key Performance Highlights YoY FY2019 E Q1 2019 Q1 2018 (% change) Sales volume (Mt) 28.38 6.65 6.30 5.6% Production (Mt) 27.26 5.70 5.28 8.0% Railway Capacity (Mt) 25.30 5.84 5.43 7.6% Revenue (IDR TN) n.a. 5.34 5.75 -7.1% Net Profit (IDR TN) n.a. 1.14 1.45 -21.4% Weighted Average n.a. 772,044 887,
Slide 9: Key Operational Highlights
Key Operational Highlights Production and Sales Volume Railway Capacity (Mt) (Mt) 22.7 21.4 26.4 24.2 23.6 24.7 17.7 19.6 20.8 5.4 5.8 5.3 6.3 5.7 6.7 FY2016 FY2017 FY2018 Q1 2018 Q1 2019 FY2016 FY2017 FY2018 Q1 2018 Q1 2019 Production (Mt) Sales Volume (Mt) Weighted Average Stripping Ratio Weighted
Slide 10: Key Financial Highlights
Key Financial Highlights Revenue and Growth Gross Profit and Margins (IDR bn) (IDR bn) 1.5% 38.5% 8.7% 26.4% (7.2%) 31.3% 43.7% 40.4% 44.9% 33.3% 8,507 8,546 19,471 21,167 14,059 4,401 5,749 2,582 5,337 1,777 FY2016 FY2017 FY2018 Q1 2018 Q1 2019 FY2016 FY2017 FY2018 Q1 2018 Q1 2019 Revenue (IDR bn)
Slide 11: Key Financial Highlights
Key Financial Highlights Sales Breakdown by Country(1) Cost Breakdown Thailand, (2) Contribution for Community Philipina, 2% Others, 3% Development 2% Heavy 1% Fuel Equipment 4% Others Taiwan, 3% Rent 9% 5% Train Hong Kong, Depreciation Transportation 4% 5% 32% Domestic, Sri Lanka, 50% Third Party 4
Slide 12: 3. Company Overview
3. Company Overview
Slide 13: Company Overview
Company Overview Significant coal sales exposure to Indonesia market and benefiting the 1 most from growth in domestic coal demand 1 2 Expanding railways capacity to Sumatra mines Resilient operational track record, further propelled by the 3 1 optimism of railway capacity and future development pro
Slide 14: Significant Coal Sales Exposure to Indonesia Market and Benefiting The Most from Domestic Demand Growth
1 Significant Coal Sales Exposure to Indonesia Market and Benefiting The Most from Growth in Domestic Coal Demand Coal remains the key source of Indonesia’s energy over Domestic coal consumption expected to grow at ~12% (1) time (3) Overall coal domestic consumptions is expected to grow at 12%, la
Slide 15: Expanding Railways Capacity to Sumatra Mines
2 1 Expanding Railways Capacity to Sumatra Mines Indonesia Prajin Barging Port Railway Project (New) Kertapati Development to Northern South Sumatera Barging Port Option to Perajin Port Capacity: 10 Mtpa (2023) Lahat Tanjung Enim Prabumulih Double Tracks Muara Enim Baturaja Railway (Upgraded): Sho
Slide 16: Resilient Operational Track Record Further Propelled by Railway Capacity
3 1 Resilient Operational Track Record Further Propelled by The Optimism of Railway Capacity and Future Development Projects Optimisation of Railway Capacity and Future Expansion Projects Increasing Railway Capacity Estimated capacity (Mt) Existing capacity upgrade 12% 21% 6% 12% 7% New railway proj
Slide 17: Development Projects
3 1 Development Projects Power Plants Total Power Plant ~ 1,700 MW East Halmahera CFPP 3x60 MW & DEPP 3x17 MW Location: East Halmahera Coal consumption: 0.65 Mtpa COD: 2022 PTBA: 75% Investment: USD 350.1 mn Sumsel 8 CFPP 2x620 MW Location: Central Banko Coal consumption: 5.4 Mtpa COD: 2021/22 PTBA:
Slide 18: Development Projects
3 1 Development Projects Coal to Chemical Peranap Mine Coal consumption : 8,6 mta Declaration of Coal Dowstreaming Project in Peranap Coal to Chemical Tanjung Enim Mine Coal consumption : 6,2 mta Declaration of Coal Downstreaming Project in Tanjung Enim by the Minister of SOE, Minister of Energy and
Slide 19: Robust Financial Strength with Strong Net Cash Position
4 1 Robust Financial Strength with Strong Net Cash Position Total Revenue, Net Profit and Net Profit Margin Minimal Debt (1) with Overall Net Cash Position (IDR bn) (IDR bn) 15% 14% 23% 24% 21% 1,093 1,306 2,582 5,469 5,534 21,167 6,301 6,261 19,471 13,845 14,059 3,675 3,555 3,115 2,022 2,369 4,476
Slide 20: Contact and Disclaimer
For More Information : Contact : Septyo Cholidie Position : Investor Relations Manager Address : PT Bukit Asam Tbk Menara Kadin, 15th Foor, Jl. Rasuna Said, Blok X-5 Kav. 2 & 3, Jakarta 12950 Indonesia Telephone : +62 21 5254014 Facsimile : +62 21 5254002 E-mail : [email protected] Website :