PT Sarana Menara Nusantara Tbk · IDX:TOWR
PT Sarana Menara Nusantara Tbk — Q2 2015 Earnings Presentation
10 slides from PT Sarana Menara Nusantara Tbk's earnings presentation, 2015
Slide 1: Indonesia's Premier Tower Company: 2Q 2015 Results Presentation
PROTELINDO PT. SARANA MENARA NUSANTARA, TBK. (TOWR) Indonesia’s Premier Tower Company 2Q 2015 Results Presentation
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
Slide 3: Agenda
Agenda Financial Results Operational Performance Summary 2015 Outlook Q&A 2
Slide 4: 2Q 2015 Financial Results: Revenue
2Q 2015 Financial Results Revenue (in IDR Billions) IDR 156.8 (IDR 44.4) (IDR 11.4) (IDR 25.2) (4.5%) (1.1%) IDR 1,072.5 (2.5%) IDR 996.7 15.7% Reported Growth of 7.6% Expiration of Removal of Actual Revenue Gross Revenue Cancellation of Actual Revenue Telkom Flexi electricity from 2Q 2014 2Q 2015 B
Slide 5: 2Q 2015 Financial Results: EBITDA
2Q 2015 Financial Results EBITDA (in IDR Billions) IDR 140.7 (IDR 37.4) (IDR 9.6) (IDR 4.7) (4.6%) IDR 903.0 (1.2%) (0.6%) IDR 814.0 17.3% Reported Growth of 10.9% Expiration of Removal of Actual EBITDA Gross EBITDA Cancellation of Actual EBITDA Telkom Flexi electricity from 2Q 2014 2Q 2015 Bakrie s
Slide 6: Strong Tower and Tenant Growth
Strong Tower and Tenant Growth Towers 421 (57) 12,156 853 (0.5%) 3.8% 10,939 7.8% Reported Growth of 11.1% Actual Towers Additional iForte Dismantled Actual Towers 2Q 2014 Towers Acquisition Sites 2Q 2015 • Strong tower growth with over 1,200 new tower additions year-on-year • Surpassed the 12,000 t
Slide 7: Strong Tower and Tenant Growth
Strong Tower and Tenant Growth Tenants 497 (874) 1,497 2.5% (246) 20,865 (4.4%) 19,991 (1.2%) 7.5% Reported Growth of 4.4% Actual Tenants Gross Tenant Cancellation of Expiration of Actual Tenants iForte Acquisition 2Q 2014 Additions Bakrie sites Telkom Flexi sites 2Q 2015 • Gross tenant additions gr
Slide 8: Post-Refinancing Debt Structure: Longer Tenors, Lower Margins
Post-Refinancing Debt Structure: Longer Tenors, Lower Margins Amount Outstanding Amount Outstanding Structure Maturity Date Currency ⁽¹⁾ (in Original Currency) (in USD Millions) 7-Yr Amortizing Dec 2018 IDR 768.2 57.7 7-Yr Amortizing Dec 2019 IDR 973.5 73.0 3-Yr Bonds Feb 2017 IDR 1,000.0 75.0 10-Yr
Slide 9: 2Q 2015 Achievements
2Q 2015 Achievements Increased LQA EBITDA interest coverage ratio by 24.6% to 7.6x, up from 6.1x at 2Q 2014 Decreased Net Debt to LQA EBITDA ratio by 13.6% to 1.9x, down from 2.2x at 2Q 2014 Received one-notch international rating upgrade from Fitch (BB to BB+, Stable) in May 2015 Received t
Slide 10: 2015 Outlook
2015 Outlook Outlook Revenue IDR 4,311 – 4,599 Billion EBITDA IDR 3,589 – 3,829 Billion 9
PT Sarana Menara Nusantara — Q2 2015 Earnings Presentation on 6ix