PT Sarana Menara Nusantara Tbk · IDX:TOWR

PT Sarana Menara Nusantara Tbk — Q1 2016 Earnings Presentation

10 slides from PT Sarana Menara Nusantara Tbk's earnings presentation, 2016

  1. Slide 1: Indonesia's Premier Tower Company: 1Q 2016 Results Presentation

    PROTELINDO PT. SARANA MENARA NUSANTARA, TBK. (TOWR) Indonesia’s Premier Tower Company 1Q 2016 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 Achievements 2

  4. Slide 4: 1Q 2016 Financial Results: Revenue

    1Q 2016 Financial Results Revenue (in IDR Billions) IDR 121.6 (IDR 19.9) IDR 1,170.3 (1.9%) IDR 1,068.6 11.4% Reported Growth of 9.5% Actual Revenue Gross Revenue One Time 1Q16 Actual Revenue 1Q 2015 1Q 2016 Revenue Items 1Q 2016 Reported revenue grew 9.5% due to Year-on-Year impact of one-off items

  5. Slide 5: 1Q 2016 Financial Results: EBITDA

    1Q 2016 Financial Results EBITDA (in IDR Billions) 6 IDR 127.9 (IDR 17.1) IDR 1,000.5 (2.0%) IDR 889.7 14.4% Reported Growth of 12.4% Actual EBITDA Gross EBITDA One Time 1Q16 Actual EBITDA 1Q 2015 1Q 2016 Revenue Items 1Q 2016 Reported EBITDA continues to grow faster than reported revenue. 4

  6. Slide 6: Tower and Tenant Growth

    Tower and Tenant Growth Towers 607 (27) 12,255 (0.2%) 11,675 5.2% Reported Growth of 5.0% Actual Towers Additional Dismantled Actual Towers 1Q 2015 Towers Sites 1Q 2016 Continued relatively slow tower growth with over 600 gross tower additions. 5

  7. Slide 7: Tower and Tenant Growth

    Tower and Tenant Growth Tenants 20,951 20,325 Reported Growth of 3.1% Actual Tenants Actual Tenants 1Q 2015 1Q 2016 Does not include 1,244 additional revenue generating leases for additional equipment. Change in definition of tenancies in the Netherlands lowered growth. 6

  8. Slide 8: Debt Profile: Long Tenors, Low Margins

    Debt Profile: Long Tenors, Low Margins Amount Outstanding Amount Outstanding Structure Maturity Date Currency ⁽¹⁾ (in Original Currency) (in USD Millions) 7-Yr Amortizing Dec 2018 IDR 680.6 51.3 7-Yr Amortizing Dec 2019 IDR 891.0 67.1 3-Yr Bonds Feb 2017 IDR 1000.0 75.3 1-Yr Bullet Aug 2016 IDR 181.

  9. Slide 9: Achievements: XL Axiata Tower Acquisition

    Achievements  XL Axiata Tower Acquisition • Signed Purchase Agreement to acquire 2,500 Towers with 3,750 Tenants • Top 3 Tenants: XL, Hutch and Telkomsel • Projected Total Towers at Close: Over 14,700 towers • Projected Total Tenants at Close: Over 24,700 tenants • Purchase Price: IDR 3,568 Billion

  10. Slide 10: Achievements: Credit Rating Changes

    Achievements • Change in Credit Ratings:  S&P Rating upgraded twice from BB to BB+ to BBB- (April 2016) • One of only three companies rated Investment Grade in Indonesia (Telkomsel, Astra, Protelindo)  Fitch Rating International upgraded from BB+ to BBB- (May 2016) • One of only four private secto

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