PT Sarana Menara Nusantara Tbk · IDX:TOWR

PT Sarana Menara Nusantara Tbk — Q1 2015 Earnings Presentation

12 slides from PT Sarana Menara Nusantara Tbk's earnings presentation, 2015

  1. Slide 1: 1Q 2015 Results Presentation

    PROTELINDO PT. SARANA MENARA NUSANTARA, Tbk. (TOWR) Indonesia’s Premier Tower Company 1Q 2015 Results Presentation

  2. Slide 2: Disclaimer

    Disclaimer These materials have been prepared by PT Sarana Menara Nusantara, Tbk. (the “Company”) and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information prese

  3. Slide 3: Agenda

    Agenda Financial Results Operational Performance Summary 2015 Outlook Q&A 2

  4. Slide 4: 1Q 2015 Financial Results: Revenue

    1Q 2015 Financial Results Revenue (in IDR Billions) IDR 212.8 (IDR 44.5) (IDR 7.2) (IDR 25.2) IDR 19.5 IDR 1,068.6 (4.9%) (0.8%) I (2.8%) 2.1% IDR 913.2 23.4% Reported Growth of 17.0% Expiration of Removal of Actual Revenue Gross Revenue Cancellation of Actual Revenue Telkom Flexi electricity from O

  5. Slide 5: 1Q 2015 Financial Results: EBITDA

    1Q 2015 Financial Results EBITDA (in IDR Billions) IDR 166.9 (IDR 37.1) (IDR 6.0) IDR 16.3 IDR 889.7 (IDR 4.7) (4.9%) (0.8%) I (0.6%) 2.2% IDR 754.3 22.0% Reported Growth of 17.9% Expiration of Removal of Actual EBITDA Gross EBITDA Cancellation of Actual EBITDA Telkom Flexi electricity from One-off

  6. Slide 6: Strong Tower and Tenant Growth: Towers

    Strong Tower and Tenant Growth Towers 1,414 (64) 11,675 (0.6%) 10,325 13.7% Reported Growth of 13.1% Actual Towers Actual Towers Additional Dismantled 1Q 2014 1Q 2015 • Strong tower growth with over 1,400 new tower additions 5

  7. Slide 7: Strong Tower and Tenant Growth: Tenants

    Strong Tower and Tenant Growth Tenants 2,437 (874) (107) 20,325 (4.6%) 18,869 (0.6%) 12.9% Reported Growth of 7.7% Actual Tenants Gross Tenant Cancellation of Expiration of Actual Tenants 1Q 2014 Additions Bakrie sites Telkom Flexi sites 1Q 2015 • YoY tenancy comparisons affected by one-time cancell

  8. Slide 8: Post-Refinancing Debt Structure: Longer Tenors, Lower Margins

    Post-Refinancing Debt Structure: Longer Tenors, Lower Margins Structure Maturity Date Currency ⁽¹⁾ Amount Outstanding Amount Outstanding (in Original Currency) (In USD Millions) 7-Yr Amortizing Dec 2018 IDR 792.2 60.6 7-Yr Amortizing Dec 2019 IDR 1,001.0 76.5 3-Yr Bonds Feb 2017 IDR 1,000.0 76.4 10-

  9. Slide 9: 1Q 2015 Achievements

    1Q 2015 Achievements  Improved financial ratios despite an increase of towers of over 13.7% and tenancies of 12.9%  Increased LQA EBITDA interest coverage ratio by 34.5% to 7.4x, up from 5.5x at 1Q 2014  Decreased Net Debt to LQA EBITDA ratio by 15.4% to 2.2x, down from 2.6x at 1Q 2014  Received

  10. Slide 10: 1Q 2015 Summary

    1Q 2015 Summary  Increased Revenue and EBITDA in excess of 17% year over year  Added over 1,300 towers (net) year over year, an increase of 13.1%  Added over 1,400 tenants (net) year over year, an increase of 7.7%  Approaching 11,700 towers and 20,400 tenants 9

  11. Slide 11: Overview of iForte Acquisition

    Overview of iForte Acquisition  iForte is a bolt-on acquisition  Enhances our ability to support operators as they expand 3G and invest in 4G in dense urban areas  One of only 2 active companies with a microcell license  Three business lines  Towers, fiber, BTS hotels: main attraction  exclusi

  12. Slide 12: 2015 Outlook

    2015 Outlook Outlook Revenue IDR 4,311 – 4,599 Billion EBITDA IDR 3,589 – 3,829 Billion 11

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