PT Siloam International Hospitals Tbk Reg-S · IDX:SILO
PT Siloam International Hospitals Tbk Reg-S — PT Siloam International Hospitals — Q1 2014 Earnings Presentation
23 slides from PT Siloam International Hospitals Tbk Reg-S's earnings presentation, Apr 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 Q1 2014
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 Our Operations 03 The Strategy & Business Model 04 - 06 Premier Private Hospital Group 07 - 10 Financial & Operational Performance 11 – 19
Slide 4: Where We Are In Lippo Karawaci
Where We Are In Lippo Karawaci 01 4 LIPPO RELATED COMPANIES PUBLIC 32.34% 67.66 % As of 31 Mar 2014 No. of Outstanding Shares : 23,077,689,619 Code : LPKR.JK ; LPKR IJ DEVELOPMENT REVENUE RECURRING REVENUE RESIDENTIAL & URBAN DEVELOPMENT HOSPITALS ASSET COMMERCIAL MANAGEMENT • Lippo Village • Kemang
Slide 5: Highly Experienced & Professional Management
Highly Experienced & Professional Management 02 5 Board of Commissioners Ketut Budi Wijaya Theo L. Sambuaga Lambock V. Rahmawaty Farid Harianto Prof. Dr. H. Muladi, S.H Ir. Jonathan L. Parapak President Commissioner Nahattands Commissioner Independent Independent Independent Commissioner Commissione
Slide 6: Our Operations
Our Operations 03 6 Unrivalled scale across Indonesia JCI Standard Opera+onal Hospitals (16) Future Developments (24)
Slide 7: The Strategy & Business Model: 4 Pillar Foundation
The Strategy & Business Model 04 7 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 8: The Strategy & Business Model: Clinical Service Delivery
The Strategy & Business Model 05 8 Clinical Service Delivery Siloam’s Integrated Healthcare Delivery Model • Integrated Centres of Excellence: Neuroscience, Cardiology, Cancer, Orthopedic, Urology, Fertility • Hub and Spoke strategy and extensive coverage of specialised services via Digital Tele-Med
Slide 9: The Strategy & Business Model: UPHMS
The Strategy & Business Model 06 9 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 Excelle
Slide 10: Premier Private Hospital Group: Our Hospitals
Premier Private Hospital Group 07 10 Our Hospitals (Mature and Developing) SILOAM HOSPITALS LIPPO VILLAGE MRCCC SILOAM SEMANGGI TANGERANG (West of Jakarta) SOUTH JAKARTA JCIA 308 Bed Capacity 331 Bed Capacity 271 GP and Specialists 166 GP and Specialists 476 Nurses 238 Nurses Centre of Excellence :
Slide 11: Premier Private Hospital Group: New Hospitals in 2012
08 Premier Private Hospital Group 11 New Hospitals in 2012 SILOAM GENERAL HOSPITAL (RSUS) SILOAM HOSPITALS CINERE TANGERANG (West of Jakarta) DEPOK (South of Jakarta) 666 Bed Capacity 37 Bed Capacity 69 GP and Specialists 8 GP and Specialists 209 Nurses 48 Nurses Centre of Excellence: Cardiology SIL
Slide 12: Premier Private Hospital Group: New Hospitals in 2013
09 Premier Private Hospital Group 12 New Hospitals in 2013 SILOAM HOSPITALS BALI BIMC KUTA BALI BALI 281 Bed Capacity 19 Bed Capacity 99 GP and Specialists 52 GP and Specialists 186 Nurses 65 Nurses Centre of Excellence : Emergency, Centre of Excellence : Emergency medical tourism, orthopaedics & ca
Slide 13: Premier Private Hospital Group: Hospitals under Construction
10 Premier Private Hospital Group 13 Hospitals under Construction SILOAM HOSPITALS MEDAN SILOAM HOSPITALS KUPANG SILOAM HOSPITALS PURWAKARTA NORTH SUMATERA EAST NUSA TENGGARA WEST JAVA There are currently 24 sites under various stages of development
Slide 14: Operational & Financial Performance
Operational & Financial Performance For The 3 Months Ended March 31, 2014
Slide 15: Strong Financial Performance
Strong Financial Performance 12 15 Revenue EBITDA ( In Rp Bn ) ( In Rp Bn ) 3,504 508 14% +40% +70% +40% 2,504 +42% +35% 298 1,788 12% +22% +43% 221 +16% +10% 1,259 +23% 12% +21% 1,030 +12% 155 140 890 737 114 12% 102 14% 13% 14% 2008 2009 2010 2011 2012 2013 2014P 2008 2009 2010 2011 2012 2013 2014
Slide 16: 2014 Revenue Ramp Up
2014 Revenue Ramp Up 13 16 ( In Rp Bn ) 3,504 100%* growth 40% 2,504 2,486 71%* 1,522 43%* 751 21%* 14% 2013 Q1 2014A Q2 2014P Q3 2014P FY 2014P Note: *Projected GOR ramp up by quarter
Slide 17: Revenue & EBITDA Growth
Revenue & EBITDA Growth 14 17 Q1 2014 Results by Hospital Category Revenue Contribution and Growth by Category EBITDA Contribution and Growth by Category 12% 13% 9% 18% 13% 6% 13% 11% + 5% + 29% -‐14% + 76% 8% 11% 8% 8% 8% + 12% + 28% 85% 64% + 47% + 216% 52% + 64% + 39% 55% Q1 2013 Q1 2014 Q1 2013
Slide 18: Revenue & EBITDA Analyses
Revenue & EBITDA Analyses 15 18 Q1 2014 Consolidated Results (i) Q1 2014 Q1 2013 Particulars ∆% IDR Bn IDR Bn GOR 751 584 29% Service Cost 188 156 21% NOR 563 428 32% Material Cost 238 187 28% Gross Margin 325 242 35% Operating Expenses 188 143 31% EBITDAR 137 98 40% % to GOR 18.3% 16.8% Rental (i)
Slide 19: Balance Sheet
Balance Sheet 16 19 Q1 2014 Consolidated Results (i) In Rp Bn Q1 2014 Q1 2013 ∆% Assets Cash & Equivalent 449 515 -13% Property and Equipment 1,415 1,402 1% Total Assets 2,631 2,601 1% Liabilities & Equity Liabilities 969 962 1% Shareholders' Equity 1,662 1,639 1% D/E Ratio 0.37 0.37
Slide 20: Average Revenue Per Patient
Average Revenue Per Patient 17 20 Q1 2014 IPD Average Revenue Per Patient (Rp Mn) 50.0 39.0 40.9 3 9.4 40.0 33.7 30.0 23.0 9.8 2 0.4 9.1 1 19.1 1 20.2 16.8 15.5 1 5.6 1 4.6 20.0 9.3 11.1 1 1.0 10.0 5.1 5.0 7.1 6.9 -‐ 4 Mature 2 Developing MRCCC RSUS 4 New 2012 4 New 2013 2010 2011 2012 2013 Q1 2014
Slide 21: Operational Update Patient Visits & Admissions
Operational Update Patient Visits & Admissions 18 21 Q1 2014 OPD Visits (+20%) ED Visits (+26%) 169,145 -0% 3% 168,562 21,056 20,434 63% 21% 84% 18% 340% 24% 128% 477% 47% -3% 8,985 38,383 37,747 31,845 4,538 5,527 4,552 13,560 14,772 2 0,487 18,333 3,830 1,226 10,945 6,466 3,178 1,380 1,034 937 1,2
Slide 22: Number of Hospital Growth
Number of Hospital Growth 19 22 2010 to Q1 2014 4 2010 2011 2012 2013 / Q1 2014 4 Hospitals 7 Hospitals 12 Hospitals 16 Hospitals Note: Image courtesy of iconbug.com
Slide 23: Thank You
SILOAM HOSPITALS FOR INDONESIA CARE AND COMPASSION FOR THE NATION
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