Public Expose PT ABM Investama Tbk

Transcription

1 Public Expose PT ABM Investama Tbk

2 Disclaimer This presentation has been prepared by PT ABM Investama Tbk ( ABMM or the "Company") solely for general information. This presentation is for informational purposes only and does not constitute and should not be construed as, an offer to sell or issue, or invitation to purchase or subscribe for or the solicitation of an offer to buy, acquire or subscribe for, any securities of the Company or any of its subsidiaries, joint ventures or affiliates in any jurisdiction or an inducement to enter into investment activity. You will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the Company s business.

3 Highlights 2015 Financial Data 01. Operation Performance 02. Economic 03. Condition -9.5% Revenue % Cost % Net Income % Coal Production % Overburden Removal % Power production % Coal Price MW Government Projects PUBEX

4 Corporate Overview Outlook Operations Review Financial Review

5 ABM at a Glance ABM listed all of its issued shares on the Indonesian Stock Exchange on December 6, 2011 with ABMM as its stock code ABM currently has five business activities: COAL MINING MINING CONTRACTOR POWER SOLUTIONS ENGINEERING SERVICES INTEGRATED LOGISTICS PUBEX

6 ABM at a Glance 3 branches 2 provinces 44 branches 20 Provinces number of employees 27 Provinces 6 branches 8 Provinces 11 Mining Projects 3 Construction Projects 6 Provinces 90 Projects 22 Provinces PUBEX

7 ABM at a Glance 675 heavy equipment 157 unit Truck 1,157 MW electricity capacity 41 mn Kg Delivery of goods 15 unit Vessel 3 Mine IUPs 131 mn BCM Overburden Removal 17,5 mn tonnes Coal Getting PUBEX

8 Business partner PT ABM Investama Tbk PUBEX

9 ABM at a Glance: Revenue contribution 2015 Revenue Contribution 2015 CKB 14% 85% Revenue from coal segment 15% Revenue from Power segment Reswara 25% SS 15% SSB 7% CK 39%

10 ABM Today

11 Coal prices 1. The world economy experienced a down turn due to low purchasing power in European countries, China and Japan. Coal (Newcastle) Impact the decline of commodities including coal Q1'10 Q4'10 Q4'11 Q4'12 Q4'13 Q4'14 Q4'15 PUBEX

12 Fact : China Economic Growth 1. China consumes nearly 50% of the coal worldwide. China's GDP 15.0% 2. The demand of imported coal in China dropped by almost a quarter in 2014, as China's economic growth declined 10.0% 3. Coal is still being the energyoption, as the price is relatively low-cost. 5.0% 0.0% PUBEX

13 Corporate Overview Outlook Operations Review Financial Review

14 Revenue, EBITDA, Profit (Loss) 2014 vs Revenue (In USD mn) EBITDA (In USD mn) Profit (Loss) (In USD mn) RUPST

15 Assets, Liabilities and Equity 2014 vs Assets (In USD mn) Liabilities (In USD mn) Equity (In USD mn) 1, , , , PUBEX

16 Cash flow 2014 vs Cash Flow From Operating (In USD mn) Cash Flow for Investing (In USD mn) Cash Flow For Financing (In USD mn) PUBEX

17 Corporate Overview Outlook Operations Review Financial Review

18 OPERATIONAL REVIEW Coal Mining

19 Coal Performance Coal Production Volume group Reswara (mn tonnes) Overburden Removal (mn BCM) Coal Getting (mn tonnes) PUBEX

20 OPERATIONAL REVIEW Power Solutions

21 Power Performance Electricity production (bn kwh) Average Rental Price (IDR/kWh) 6, ,000 5, ,000 3, ,000 2, , PUBEX

22 Corporate Overview Outlook Operations Review Financial Review

23 Coal in Indonesia Production, Export and Consumption of Coal in Indonesia (In mn tonnes) F 2019F Production Export Domestic Domestic Demand 2019 (In mn tonnes) Metalurgi, 4.6 Pupuk, Semen, 13.2 Tekstil, 3.02 Energy Mix PLTU, 119 Kertas, 0.88 Briket, 0.03 Oil 50% 23% Coal 24% 30% Gas 20% 20% Renewable Energy 6% 26% Source: Indonesian Coal Mining Association (APBI) and the Ministry of Energy and Mineral Resources (ESDM) PUBEX

24 Increase Demand for Coal 600 Electricity generation by fuel source (in TWh) Other Diesel Gas Coal Sumber: Rencana Usaha Penyediaan Tenaga Listrik (RUPTL) 2015 PUBEX

25 Coal News Stok Batu Bara Tak Mencukupi Pembangkit Listrik 20 GW Kejatuhan harga batu bara memaksa sebagian perusahaan tambang memangkas produksinya Batubara Diprediksi Akan Habis 2033, Proyek 35 GW Terancam Insecure Coal Supply for Power Plant Projects Proyek listrik 35 GW akan meningkatkan penyerapan batubara didalam negeri Coal& Minerals Asia Magazine PUBEX

26 ABM 2020 : Balanced Business Portfolio Pursue operational excellent and transforming into a leading energy Company that manages a diversified and balanced business portfolio for the long term value creation PUBEX

27 Outlook ABM 2020 ABM Supports Government s Program of MW Capex Focus Power Solutions: Investment in IPP projects Contractor Mine: New projects in the sector mine Capital Expenditure US$2.6 bn Project IPP MW (Coal=1506 MW; Gas=654MW; renewable=61mw) Source Capex Partnership Private Placement Bank PUBEX

28 Thank You

29 TIA Operations 60.0 TIA ASP Cash Cost PUBEX