PT Bukit Asam (Persero) Tbk · IDX:PTBA

PT Bukit Asam (Persero) Tbk — PT Tambang Batubara Bukit Asam (Persero) — Investor Presentation (June 2009)

18 slides from PT Bukit Asam (Persero) Tbk's investor presentation, June 2009

  1. Slide 1: Corporate Presentation June 2009

    BukitAsam CORPORATE PRESENTATION JUNE 2009 Website : www.ptba.co.id

  2. Slide 2: Outline

    OUTLINE BukitAsam Highlights O Overview i Financial and Commercial Performance Growth Options 2

  3. Slide 3: Highlights

    HIGHLIGHTS BukitAsam Revenue (IDR Trillions) Sales Volume (Million tons) Coal Transportation (Million tons) 7,2 12,8 10,9 10,3 4,1 3,5 3,0 9,7 7,9 8,0 , 2,6 8 8,4 8,3 10,0 9,9 2004 2005 2006 2007 2008 2004 2005 2006 2007 2008 2004 2005 2006 2007 2008 1Q09 % YoY ƒ Revenues IDR 2,3 trillions 89% ƒ Sal

  4. Slide 4: Overview

    Le) mtd BukitAsam OVERVIEW

  5. Slide 5: Mines and Ports

    MINES AND PORTS BukitAsam Total Resources : 7.29 billion tons MINING AUTHORIZATIONS (KP) Total Mineable Reserves : 1.99 billion tons Tanjung Enim Mine : 66,414 Ha Ombilin Mine : 3,950 Ha Cerenti Mine : 17,100 Ha IPC Mine : 3.238 Ha TOTAL : 90.702 Ha CERENTI MINE Recources : 0.79 billion tons Mineabl

  6. Slide 6: Global Market Outlook

    GLOBAL MARKET OUTLOOK BukitAsam World Demand Asian Demand 2009 2010(f) 31,96% 20,80% 2009(f) 15,91% 11 16% 11,16% 2008 4,88% 4,70% 3,35% 2,98% 4,25% 2007 Japan South Korea Taiwan India Malaysia Thailand China Hong Kong Others 0 100 200 300 400 Asia Europe Americas Mediteranean Source: McCloskey’s St

  7. Slide 7: Domestic Market Outlook

    DOMESTIC DOMESTI C MARKET OUTLOOK BukitAsam Projected Indonesia Coal Supply & Demand National Energy Policy (Million Tons) 405 Energy Mix 2008 Ex port 361 Domestic Production 321 19% 29% 250 4% 230 Oil 209 189 196 175 181 172 Gas 162 140 Coal 48% NRE 68 75 (New & Renewable Energy) 2009 2010 2015 202

  8. Slide 8: Financial & Commercial Performance

    BukitAsam Financial & Commercial Performance

  9. Slide 9: Financial Performance

    FINANCIAL PERFORMANCE BukitAsam (Billion IDR) 75% 7.216 Rev enue Total Cost Net Profit 89% 2.330 49% 4.722 4.126 3.533 2.999 3.178 1.234 36% 2.877 1.145 2.614 2.438 921 221% 2.111 840 135% 1.715 760 286 420 486 467 2004 2005 2006 2007 2008 1Q08 1Q09 9

  10. Slide 10: Financial Ratio

    FINANCIAL RATIO BukitAsam GROSS PROFIT MARGIN (%) OPERATING PROFIT MARGIN (%) NET PROFIT MARGIN (%) 48,9 39,8 38,6 40,0 37,8 34,6 23,7 22,9 19,3 18,7 18,6 15,6 18,4 16,1 13,7 101% 3% 1% 23% 51% 21% 3% 2% 6% 22% 101% 3% 1% 23% 51% 75% 3% 12% 34% 29% 2004 2005 2006 2007 2008 2004 2005 2006 2007 2008 2

  11. Slide 11: Cost & Price

    COST & PRICE BukitAsam Total FOB Cost at Port ((USD per p ton)) Including COGS, G&A, Selling Expenses, Royalty, etc Stripping Ratio 31,84 31,81 31,51 3,00 29,18 29,12 3,72 3,17 2,66 4,03 2,69 23 82 23,82 21,35 2,67 1Q08 1Q09 2004 2005 2006 2007 2008 Average Selling Price (ASP) 2004 2005 2006 2007 20

  12. Slide 12: Sales, Production, Transportation

    SALES, PRODUCTION, TRANSPORTATION (million tons) BukitAsam SALES VOLUME PRODUCTION & TRADING VOLUME 1,5 Trading (37%) Trading Trading 4,5 1,3 (35%) Tradin 0,4 Tradin 4,0 3,2 g g (37%) (32%) 0,6 Produksi 0,9 0,3 (22%) 10,8 (33%) 9,2 9,3 0,2 83 8,3 2,8 6,8 6,9 (65%) 2,2 2,2 (63%) 1,8 (68%) (63%) (78%)

  13. Slide 13: Sales Distribution

    SALES DISTRIBUTION BukitAsam Coal Sales Distribution 1Q2009 Domestic -BA 58 0.5 million tons 22% -BA 59 1 6 million tons 1.6 75% -BA 63 0.1 million tons 3% Total Sales Volume -BA 67 - million tons - -BA 58 0.5 million tons 17% 2.2 million tons -BA 59 1.8 million tons 65% -BA 63 0.1 million tons 4% E

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

    PTBA vs COAL LISTED Co’s BukitAsam 60% Gross Profit Margin (GPM) Operating Profit Margin (OPM) Net Profit Margin (NPM) 50% 40% 30% 20% 10% 0% BTU CNX ACI ANR MEE BYAN ITMG ADRO BUMI PTBA AVERAGE B Based d on Fi Financial i lRReportt as off December D b 31, 31 2008 Notes : ACI : Arch Coal Inc. – USA

  15. Slide 15: Growth Options

    Le) mtd BukitAsam Growth Options 15

  16. Slide 16: Projects

    PROJECTS PROJECT S BukitAsam EXISTING RAILWAY PROJECT (TANJUNG ENIM - TARAHAN PORT & KERTAPATI PIER) Current Condition : South Sumatera Railway owned and operated by PT KA, which is a state-owned railway company Status : The establishment of JV Company (PTBA 30% and PTKA 70%) is i progress but in b

  17. Slide 17: Projects

    PROJECTS PROJECT S BukitAsam BANJARSARI MINE MOUTH POWER PLANT PROJECT (2 (2x100 100 MW) Location : Tanjung Enim mine Status : - Financing from Mandiri Bank - EPC contractor t t : CNEEC - Re-negotiation Power Purchase Agreement (with PLN) in process Parties : PTBA (41%), PJB (20%), NII (39%) Coal Co

  18. Slide 18: Contact Investor Relations

    BukitAsam PT. TAMBANG BATUBARA BUKIT ASAM Contact Investor Relations Menara Kadin, 15th floor, Jl. Rasuna Said, Blok X-5 Address Kav. 2 & 3, Jakarta 12950, Indonesia Telephone +62 21 5254014 Fax +62 21 5254002 E-mail address [email protected] Website www.ptba.co.id <Disclaimer> The views expre

PT Tambang Batubara Bukit Asam (Persero) — Investor Presentation (June 2009) on 6ix