PT Bukit Asam (Persero) Tbk · IDX:PTBA
PT Bukit Asam (Persero) Tbk — PT Bukit Asam — Investor Presentation (2018)
19 slides from PT Bukit Asam (Persero) Tbk's investor presentation, 2018
Slide 1: Corporate Presentation – H1 2018
Corporate Presentation – H1 2018 Built on Strength, Focus on Future www.ptba.co.id 021-5254014 PT BukitPTBA.JK Reuters: Asam (Persero) TbkPTBA IJ Bloomberg: Exchange: JKT Ticker: PTBA www.ptba.co.id
Slide 2: Contents
Contents PT Bukit Asam Tbk www.ptba.co.id 2
Slide 3: Commercial Overview
Commercial Overview Newcastle Price Positive sentiment : • Strong industrial activity, hot weather and weak hydro generation sustain strong coal demand in China. Meanwhile, China's domestic coal supply constraints also occur. • More delays in restart of Japanese nuclear reactors help coal demand. •
Slide 4: Commercial Overview
Commercial Overview Indonesia: Balancing The Needs of Domestic and Indonesia Generation - Mix (TWh), Export Markets Domestic Demand and Export (Mt) • Under the current high prices, Indonesia's coal export will increase. • New regulations (DMO Rules and US$70 Price Cap) give pressure on Indonesian co
Slide 5: Performance Results
Performance Results FY18 (E) H1’18 H1’17 YoY % a b c b/c Sales Volume (Mt) 25.88 12.22 11.36 107.6% Production (Mt) 25.54 11.21 9.43 118.9% Railway Capacity (Mt) 23.10 11.10 10.23 108.5% Revenues (IDR TN) n/a 10.53 8.97 117.4% Net Profit (IDR TN) n/a 2.58 1.72 149.4% Weighted Average Sel
Slide 6: Performance Results
Performance Results H1’18 Sales Breakdown by Quality H1’18 Sales Breakdown by Country 67.06% Taiwan South Korea Malaysia Vietnam 2.1% 1.3% 0.5% 0.5% Philippines Cambodia 0.3% 4.0% Hong Kong 5.2% Thailand 24.52% 5.8% Domestic India 52.1% 10.0% China 3.04% 4.05% 0.02% 18.3% 0.60% 0.30% 0.26% 0.10% 0.0
Slide 7: Performance Results
Performance Results Gross Profit Margin Operating Profit Margin Net Profit Margin 42% 37% 33% 28% 24% 19% H1'17 H1'18 H1'17 H1'18 H1'17 H1'18 FY 2013 - 2017 FY 2013 - 2017 FY 2013 - 2017 44 31 30 30 31 30 23 19 18 18 16 16 15 14 14 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 2013 2014 2015 201
Slide 8: Performance Results: PTBA vs Global & Local Peers
Performance Results PTBA Vs Global & Local Peers 45.1 35.4 28.7 25.5 16.9 5.1 YZC US ACI US BTU US SCC PM COAL IN 1088 HK GLEN LN RIO AU BHP AU BYAN IJ ITMG IJ HRUM IJ ADRO IJ BUMI IJ PTBA IJ AVERAGE YZC : Yanzhou Coal Mining GLEN LN : Glencore PLC. (London) ACI : Arch Coal Inc. – USA (NYSE) SCC PM
Slide 9: Development Projects
Development Projects Distribution Infrastructures Development Railway Project (New): Development to Northern South Sumatera Option to Prajin Port Capacity : 10 Mtpa (2022) Prajin Kertapati Barging Port Barging Port Tanjung Enim Muara Enim Prabumulih Railway Existing (Upgraded) - Capacity : up to 30
Slide 10: Development Projects
Development Projects Power Plants Development Total Power Plants: Peranap CFPP 2x300MW ± 4.000 MW - Location : Peranap Riau - Coal Consumption : 4.2 Mtpa - COD : 2023 Kuala Tanjung CFPP 2x350 MW - Investment : USD 1.2 Bn PTBA and INALUM - Location : Kuala Tanjung - Coal Consumption : 3 Mtpa - COD :
Slide 11: Development Projects
Development Projects COAL TO CHEMICAL PLANT PRODUCT BANK/ EPC Permits and NON BANK O&M DME Fiscal Incentives Financing • Construction GOVERNMENT • Operation OFFTAKER / USER 400 PROJECT OWNER KTA COAL SUPPLY Urea 570 KTA JOINT INVESTMENT Coal Consumption Technology Polypropylene Other Feedstock 5.5 M
Slide 12: Company's Key Milestones
Appendix Company’s Key Milestones PN TABA was converted into a PTBA was limited corporation publicly listed and its name on the Jakarta During the changed to PT Stock Exchange Dutch colonial Tambang Batubara with 35% of period, the first Bukit Asam (PTBA). shares held by open-pit at This date is off
Slide 13: PTBA Structure
Appendix PTBA Structure PT. Indonesia Asahan Alumunium (Persero) owns 65% of Total Shares The Subsidiaries: • Bukit Kendi (75%), • Bukit Asam Prima • Bukit Pembangkit • Bukit Asam • Bukit Asam Metana • Bukit Multi coal mining, South (99.99%) Innovative (59.75%) Transpacific Railway Enim (99.99%) Inv
Slide 14: Operating Overview
Appendix Operating Overview Mining Business License (IUP) Tanjung Enim Mine 66,414 Ha PERANAP MINE IPC MINE Ombilin Mine 2,950 Ha Resources : 0.67 billion tons Resources : 0.024 billion tons Mineable : 0.29 billion tons Mineable : 0.004 billion tons Peranap Mine 18,230 Ha IPC Mine 3,238 Ha OMBILIN M
Slide 15: Appendix
Appendix Appendix • Coverage: 43 Ha • Throughput: 25 Mtpa • Capacity of Berths: Shiploader#2 210,000DWT Shiploader#1 80,000DWT Bargeloader 10,000DWT • Supporting Facilities: Total Stockpiles: 0.9 Million ton 2x8MW Coal Fired Power Plant Train Unloading System with 4 RCDs (Rotary Car Dump
Slide 16: Coal Resources and Coal Mineable Reserves
Appendix Coal Resources * Total: 8.27 bn tons Coal Mineable Reserves * 2.7% Total: 3.33 bn tons 3.0% “PTBA has the Largest Coal Resources & Reserves in Indonesia” 48.2% 34.2% 49.1% 62.8% “The Reserves can hold for more than half century” “The Most Sustainable Lignite Sub-bituminous Bituminous Lignit
Slide 17: Market Brand
Appendix Market Brand CV TM IM Ash VM FC TS max Ash Fusion Temperatures (oC) Coal Brand HGI Kcal/Kg, adb Kcal/Kg,ar %,ar %,adb %,ar %,ar %,ar %,adb Deformation Spherical Hemisphere Flow IPC 53 5300 - 34 15 8 39 40 0.5 - - - - - BUKITASAM – 45 5464 4500 30 15 6 35 29 1.0 1216 1246 1384 1413 52 BUKITA
Slide 18: Appendix
Appendix (IDR) 8000 4500 7000 4000 Domestic, 3500 12.86% JAKMINE, PTBA 6000 Foreign, 3000 13.61% 5000 JCI 2500 4000 2000 Treasury stock, PT Indonesia Asahan 3000 8.51% 1500 Aluminium (Persero), 2000 1000 65.02% Government, 1000 500 0.00% 0 0 JCI JAKMINE PTBA 80% 350 75% 318.5 70% 60% 300 60% 55% 55%
Slide 19: For More Information
For More Information : Contact : Niko Chandra Position : Investor Relations Manager Address : PT Bukit Asam Tbk Menara Kadin, 15th Foor, Jl. Rasuna Said, Blok X-5 Kav. 2 & 3, Jakarta 12950 Indonesia Telephone : +62 21 5254014 Facsimile : +62 21 5254002 E-mail : nchandra@bukitasam.co.id Website : www