PT Bukit Asam (Persero) Tbk · IDX:PTBA

PT Bukit Asam (Persero) Tbk — PT Tambang Batubara Bukit Asam (Persero) — Investor Presentation (November 2010)

20 slides from PT Bukit Asam (Persero) Tbk's investor presentation, November 2010

  1. Slide 1: Corporate Presentation

    Bukit Asam CORPORATE PRESENTATION November 2010 1

  2. Slide 2: Introduction

    INTRODUCTION •Highlights •Overview O i •Financial and Commercial Performance •Growth Options 2

  3. Slide 3: Highlights

    ated Bukit Asam

  4. Slide 4: Highlights

    Highlights Revenue (IDR Trillions) 9,0 2010(F) 9M09 9M10 % YoY 7,2  Sales volume 14.0 million tons 8.7million tons 9.8 million tons +12% 4,1 35 3,5 3,0  Production Volume 12.5 million tons 8.6 million tons 8.9 million tons +3%  Coal transportation 11.0 million tons 7.9 million tons 8.1 million to

  5. Slide 5: Overview

    ated Bukit Asam

  6. Slide 6: Mines and Ports

    Mines and Ports MINING BUSINESS LICENSE (IUP) Tanjung Enim Mine : 66,414 Ha Total Resources : 7.29 billion tons Ombilin Mine : 3,950 Ha Total Mineable Reserves : 1.99 billion tons Peranap/Cerenti Mine : 17,100 Ha IPC Mine : 3,238 Ha TOTAL : 90,702 Ha PERANAP/CERENTI MINE Recources : 0.79 billion ton

  7. Slide 7: Coal Resources & Reserves

    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 1.25 *) BITUMINOUS SUB BITUMINOUS LIGNITE TM (% ar) : < 18 TM (% ar) : 18 -30 TM (% ar) : > 35 CV (Kkal/Kg adb) : > 6 6,400 400 CV (Kkal/Kg adb) : 4 4,900 900 – 6,400 6 400 CV (Kkal/Kg adb) :<4 4,

  8. Slide 8: Global market outlook

    Global market outlook World Demand Asian Demand 2010 400 300 31.96% 200 20.80% 15.91% 100 11.16% 4.88% 4.70% 3.35% 2.98% 4.25% 0 2007 2008 2009(f) 2010(f) Asia Europe Americas Mediteranean Japan South Taiwan India Malaysia Thailand China Hong Others Korea Kong Source : McCloskey Issue 54, November 2

  9. Slide 9: Domestic Market Outlook

    Domestic Market Outlook Projected P j t d Indonesian I d i Coal C l Supply S l & Demand D d National N ti lEEnergy Policy P li (Million tons) 1.6% 2% 2.6% 5% 361 405 Oil 5% 321 Nat.gas 5% 18.8% 270 Coal 254 Water 20% 198 206 201 191 220 Geothermal 185 Renewable CTL 28.6% 170 Biofuel 30% 56 64 120 20

  10. Slide 10: Financial and Commercial Performance

    Financial and Commercial Performance 10

  11. Slide 11: Cost & Price

    Cost & Price Total Cash Cost (FOB) Composition C iti off Total C t 9M10 T t l Cost Shipping Spare Parts Fuel Third-party 5% 3% 3% 2% Electricity FY09 9M09 9M10 %YoY 1% Rental of heavy equipments Railway Service Tanjung j g Enim 375,848 , 377,799 , 407,143 , +9% 7% 24% System*) (IDR) “or” Royalty (US

  12. Slide 12: Financial Ratio (%)

    Financial Ratio (%) GROSS PROFIT MARGIN (%) OPERATING PROFIT MARGIN (%) NET PROFIT MARGIN (%) 101% 3% 1% 23% 51% 21% 3% 2% 6% 22% 101% 3% 1% 23% 51% 75% 3% 12% 34% 29% 3% 2% 6% 22% 11% 3% 1% 23% 51% 15% 3% 12% 34% 29% 29% 58.5 45.2 44.8 27.7 34 23.6 23% 39% 31% 36% 36% 53% 47% 47% 53% 9M09 9M10 9M09

  13. Slide 13: Sales Distribution

    Sales Distribution Coal Brand Coal C lS Sales l DiDistribution t ib ti 9M10 per country t 1% 2% CV Coal (Kcal/K TM IM Ash VM FC TS 4% Brand g, adb) (%, ar) (%,adb) (%,adb) (%,adb) (%,adb) (%,adb) Thailand 4% Taiwan IPC 53 5 300 5.300 34 15 8 39 40 05 0.5 8% Domestic Export vietnam BA 55 5.500 30 14,

  14. Slide 14: PTBA vs Coal Listed Co's

    PTBA vs Coal Listed Co’s Gross Profit Margin (GPM) Operating Profit Margin (OPM) Net Profit Margin (NPM) 50 40% 40 30 24% 21% 20 10 0 ACI MEE BYAN BTU ITMG BUMI ADRO ANR BANPU PTBA AVERAGE Based on Financial Report as of March 31, 2010 ACI : Arch Coal Inc. – USA (NYSE) BUMI : PT Bumi Resources – IDX

  15. Slide 15: Financial Performance

    Financial Performance Description FY09 9M09 9M10 (%) YoY (in billions of IDR) Sales 8.947,85 6.554,89 5.901,73 -10% COGS 4.104,30 2.721,71 3.257,18 +20% Operating Income 3.548,32 2.962,21 1.633,44 -45% EBITDA 3.845,56 3.187,08 1.874,40 -41% Net Income 2.727,73 2.228,21 1.389,89 -38% Assets 8.078,58

  16. Slide 16: Growth Options

    tated BukitAsam 16

  17. Slide 17: Projects

    Projects Existing Railway Project New Railway Project  Project objective : increase capacity to 22.7 million tons / annum  Capacity : 25.0 million tons / annum  Parties : PTBA and PTKA  Parties : PTBA; Transpacific Railway Infrastructure;  TE – Tarahan : 416.6 Km China Railway Engineering TE‐K

  18. Slide 18: Projects

    Projects EXISTING RAILWAY PROJECT (TANJUNG ENIM - TARAHAN PORT & KERTAPATI PIER) Parties : Existing South Sumatera Railway owned and operated by PT KA, which is a state owned railway company. St t Status : To T accelerate l t ttransportation t ti volume l growth, th in i OOctober t b 2009 PTBA and d

  19. Slide 19: Projects

    Projects BANJARSARI MINE MOUTH POWER PLANT PROJECT (2x100 MW) Location : Tanjung Enim mine Status : ‐ Financing from Bank Mandiri ‐ EPC contractor t t by b CNEEC ‐ Proposal to PLN for re‐negotiation electricity tarif has been submitted. Parties : PTBA (59.75%), PJB (29.15%), NII (11.10%) Coal Consum

  20. Slide 20: PT. Tambang Batubara Bukit Asam

    PT. TAMBANG BATUBARA BUKIT ASAM Contact :Investor Relations Address :Menara Kadin 15th floor, Menara Kadin, floor Jl. Jl Rasuna Said, Said Blok X‐5 X5 Kav. 2 & 3, Jakarta 12950, Indonesia Telephone :+62 21 5254014 Fax :+62 21 5254002 E mail address :[email protected] E‐mail ntobing@bukitasam c

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