Pt Link Net Tbk · IDX:LINK
Pt Link Net Tbk — Q1 2016 Earnings Presentation
10 slides from Pt Link Net Tbk's earnings presentation, May 2, 2016
Slide 1: Disclosure of Information - Submission of Performance Presentation Slide
No. Letter SB-052/CSL-LN/BEI/IV/16 Company Name PT Link Net Tbk Stock Code LINK Attachment 1 Subject Disclosure of Information That Should be Known by the Public - The Submission of The Co pa y’s Perfor a e Prese tatio Slide The Company/Issuer reported things as follows: On May 2nd, 2016, the Compan
Slide 2: Q1 2016 Earnings Conference Call
PT Link Net Tbk Q1 2016 Earnings Conference Call May 2, 2016
Slide 3: Q1 2016 highlights
Q1 2016 highlights Achievements - Profitable growth sustained with EBITDA margin at record high of 59.1% - Revenue growth slower but steady up 12% yoy - Net profit up 29% yoy at a high 27.9% margin - Strong free cash flow generation even as pace of CAPEX investments maintained - Large leverage cap
Slide 4: Homes passed & net adds on track as premium ARPU slides
Homes passed & net adds on track as premium ARPU slides on more cautious repricing stance Homes Passed (‘000) RGUs (‘000) and Churn % ARPU (IDR ‘000) 2.3% 2.2% 1,713 1,673 922 890 415 402 450 433 17k 40k -3% 472 457 15k Dec 2015 Mar 2016 Dec 2015 Mar 2016 Dec 2015 Mar 2016 Broadband Cable TV Churn R
Slide 5: Moderate revenue growth as enterprise business yet to gain key momentum
Moderate revenue growth as enterprise business yet to gain key momentum Revenue (IDR bn) 2,564 Growth 20% 2,136 Growth 674 600 12% 2014 2015 3M 2015 3M 2016 4
Slide 6: Strong margins on further scale and cost advantages as well as stronger Rupiah
Strong margins on further scale and cost advantages as well as stronger Rupiah EBITDA (IDR bn) Net Profit (1) (IDR bn) 59.1% 57.6% 27.9% 24.2% 399 Growth: 345 15% 188 145 3M 2015 3M 2016 3M 2015 3M 2016 EBITDA and Net Profit Margins 1 Finance costs include net foreign exchange translation gains of R
Slide 7: Strategic investments in expansion continue on back of strong balance sheet
Strategic investments in expansion continue on back of strong balance sheet CAPEX1 (IDR bn) Net Cash2 (IDR bn) 515 189 274 279 326 14 4 71 58 189 217 3M 2015 3M 2016 Total Cash Total Debt Net Cash Network-related CAPEX CPE CAPEX Other CAPEX 1 Capital expenditure represents additions to property, pla
Slide 8: Appendix
Appendix
Slide 9: Profit and loss summary
Profit and loss summary Year Ended December 31 3M ended March 31 (IDR bn) 2014 2015 1Q 2015 1Q 2016 Revenue 2,136.0 2,564.3 599.9 673.8 EBITDA 1,230.7 1,449.9 345.4 398.5 D&A (393.4) (515.1) (112.1) (144.8) Operating Profit 837.3 934.8 233.2 253.7 Margin % 39.2% 36.5% 38.9% 37.7% Finance Income 17.6
Slide 10: Balance sheet summary
Balance sheet summary As at Dec 31 As at Mar 31, (IDR bn) 2015 2016 Current Assets Cash and Cash Equivalents 325.4 514.6 Trade Receivables 242.1 258.7 Total Current Assets 604.8 809.0 Non-Current Assets Property, Plant and Equipment - Net 3,492.8 3,635.2 Total Non-Current Assets 3,833.3 3,950.8 Tota