PT Bukit Asam (Persero) Tbk · IDX:PTBA

PT Bukit Asam (Persero) Tbk — Investor Presentation (June 2012)

19 slides from PT Bukit Asam (Persero) Tbk's investor presentation, June 2012

  1. Slide 1: Stay Focused On Maximising Value For Both Corporate & Investors

    www.ptba.co.id Stay Focused On Maximising Value For Both Corporate & Investors Reuters: PTBA.JK Bloomberg: PTBA IJ Exchange: JKT Ticker: PTBA COMPANY PRESENTATION – JUNE 2012

  2. Slide 2: Agenda

    Agenda 1. Introduction 2. Operational Review 3. Financial & Commercial Review 4 Projects Development 4. 01

  3. Slide 3: Introduction: Highlights Corporate Performance

    Introduction Hi hli ht off C Highlights Corporate t PPerformance f FY11 3M11 3M12 % YoY Revenue (IDR.Trillions)  Sales volume 13,5 million tons 3,07 million tons 3,86 million tons +26% 26%  Production Output 12,9 million tons 3,10 million tons 3,74 million tons +21% 10.6  Railway Capacity 11,5 mi

  4. Slide 4: Operational Review: Mines & Ports

    Operational Review Mines & Ports MINING BUSINESS LICENSES (IUP) Total Resources 7.29 billion tons Tanjung Enim Mine 66,414 Ha Total Mineable Reserves 1.99 billion tons *) Ombilin Mine 3,950 Ha Peranap/Cerenti Mine 17,100 Ha PERANAP MINE Recources : 0.79 billion tons IPC Mine 3,238 Ha Mineable : 0.37

  5. Slide 5: Operational Review: Coal Resources & Reserves

    Operational Review Coal Resources & Reserves 0.20 bn tons 0.06 bn tons 0.68 bn tons 3.51 bn tons 3.58 bn tons 1.25 bn tons BITUMINOUS SUB BITUMINOUS LIGNITE TM (% ar) : < 18 TM (% ar) : 18 -30 TM (% ar) : > 35 CV (Kkal/Kg adb) : > 6,400 CV (Kkal/Kg adb) : 4,900 – 6,400 CV (Kkal/Kg adb) : < 4,900 (Kk

  6. Slide 6: Operational Review: Global Market Outlook

    Operational Review Global Market Outlook Source : Wood Mackenzie Coal Market Service, February 2012 Source : Wood Mackenzie Coal Market Service, February 2012 Spot & Term Contract Price Global Index on 18 May 2012= USD 100,50 ICI 6 6.500 500 GAR on 18 May 2012 = USD 99,10 99 10 ICI 5.800 GAR on 18 M

  7. Slide 7: Operational Review: Domestic Market Outlook

    Operational Review Domestic Market Outlook National Energy Policy Projected Indonesian Coal Supply & Demand 1.6% 2% (Million tons) 2.6% 5% Oil 5% 361 405 Nat gas Nat.gas 18.8% % 5% 321 Coal 270 Water 20% 254 Geothermal 198 206 201 191 220 Renewable 185 CTL 28.6% Biofuel 30% 170 56 64 120 2009 2010 2

  8. Slide 8: Financial & Commercial Review: Cost & Price

    Financial & Commercial Review Cost & Price Composition of Total Cost 3M12 Total Cash Cost (FOB) Tanjung Enim FY11 3M11 3M12 %YoY Shipping Spare Parts Fuel Electricity System*) 4% 1% 2% 1% Rental of heavy Ex Royalty (IDR) 414,383 352,179 430,577 +22% equipments 7% Railway Service Total (IDR) 25% 464,

  9. Slide 9: Financial & Commercial Review: Financial Ratio (%)

    Financial & Commercial Review Financial Ratio (%) GROSS PROFIT MARGIN (%) OPERATING PROFIT MARGIN (%) NET PROFIT MARGIN (%) 54.1 50 48.9 39.7 46.2 34.6 35 29.1 30.5 29 22.9 23.7 25.4 40 18.4 12% 34% 29% 17% 14% 2% 6% 22% 15% 8% 1% 3% 23%1%51% 27% 51 20% 23% 2007 2008 2009 2010 2011 2007 2008 2009 20

  10. Slide 10: Financial & Commercial Review: Coal Brand & Sales Distribution

    Financial & Commercial Review Coal Brand & Sales Distribution Coal Brand Coal Sales Distribution 3M12 by country CV Coal TM IM Ash VM FC TS (Kcal/Kg Brand (%, ar) (%,adb) (%,adb) (%,adb) (%,adb) (%,adb) , adb) 17% Taiwan IPC 53 5.300 34 15 8 39 40 0.5 BA 55 5.500 30 14,7 7,3 39,0 39,0 0.6 Vietnam Su

  11. Slide 11: Financial & Commercial Review: PTBA among Global & Local Peers

    Financial & Commercial Review PTBA among Global & Local Peers 50 46,0% 45 40 35 29,6% 30 28,6% , 25 20 15 10 5 0 GROSS_MARGIN OPER_MARGIN NET_MARGIN Based d on Bloomberg l b Report as off 31 3 Desember b 2011 20 ACI : Arch Coal Inc. – USA (NYSE) ADRO : PT Adaro Energi – IDX HRUM : PT Harum Energi –

  12. Slide 12: Financial & Commercial Review: Financial Performance

    Financial & Commercial Review Financial Performance Description FY11 3M11 3M12 (%) YoY (in billions of IDR) Sales 10,581.57 2,315.10 3,021.52 + 31% COGS 5,302.59 1,071.62 1,593.72 + 49% EBITDA 4125.63 1,032.49 1,166.58 + 13% Net e Income co e 3,082.78 , 760,33 60,33 867,35 86 ,35 + 14% % Assets 11,7

  13. Slide 13: Projects Development: Projects Location

    Projects Development Projects Location Coal Bed Methane (CBM) - Capacity : ± 50 MMSCF/day Tanjung j g Api-api p p Port - Expect. Expect COD : 2013 Power Plant – Bukit Asam Railway Project (New) - Adani - Capacity : 4 x 65 MW - Capacity : 35.0 M tpa - Coal Cons. : 1 M tpa - Distance : 270 Km - Since

  14. Slide 14: Projects Development: Railway Projects

    Projects Development Railway Projects PT KA – Existing Railway BATR ‐ New Railway Project Adani ‐ New Railway Project (BukitAsam Transpacific Railway) Tanjung Enim – Tarahan Port (410 Km) Location Tanjung Enim – New Port in Lampung (280 Km) Tanjung Enim – New Port in Tanjung Api Api (270 Km) Tanjung

  15. Slide 15: Projects Development: Infrastructure Expansion & CBM Projects

    Projects Development Infrastructure Expansion & CBM Projects Production Infrastructure Coal Bed Methane (CBM) Expansion Location Tanjung Enim / Kertapati port / Tarahan port Tanjung Enim Shareholders PTBA (100%) PTBA (27,5 %), Pertamina (27.5%), Arrow/Dart Energy (45%) To increase and expand p the e

  16. Slide 16: Projects Development: Mine Mouth Power Plant Projects

    Projects Development Mine Mouth Power Plant Projects Banjarsari – Mine Mouth Power Plant Banko Tengah – Mine Mouth Power Plant Location Tanjung Enim Mine Tanjung Enim Mine To underpin the coal based energy business which is n To underpin the coal based energy business which is n line with the Object

  17. Slide 17: Projects Development: Small Scale Power Plant Projects

    Projects Development Small Scale Power Plant Projects P Power Plant Pl t For F Internal I t l Use U P Power Plant Pl t For F Internal I t l Use U Location Tanjung Enim Tarahan Port Objective efficiency through cost savings of electricity used efficiency through cost savings of electricity used ‐ Fir

  18. Slide 18: For Further Information: Disclaimer

    For Further Information: Contact : Head of Investor Relations Address : PT Bukit Asam (Persero) 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 address : [email protected] Website : www.p

  19. Slide 19: Appendix: Expanded Development of Tarahan Port in 2013

    Appendix THE EXPANDED DEVELOPMENT OF TARAHAN PORT IN 2013 (est operation August 2013) Note: TOTAL STOCKPILE will be 860,000 tons in 2013 Stockpile 1 = 60,000 tons Stockpile 4a = 150,000 tons Stockpile 2 = 250,000 tons Stockpile 4b = 150,000 tons Stockpile 3 = 250,000 tons 18

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