Pt Link Net Tbk · IDX:LINK
Pt Link Net Tbk — Q2 2016 Earnings Presentation
10 slides from Pt Link Net Tbk's earnings presentation, Aug 3, 2016
Slide 1: Disclosure of Information - Submission of Performance Presentation Slide
No. Letter SB-076/CSL-LN/BEI/VIII/16 Company Name PT Link Net Tbk Stock Code LINK Attachment 1 Subject Disclosure of Information That Should be Known by the Public - The Submission of The Co pa y’s Perfor a e Prese tatio Slide The Company/Issuer reported things as follows: On August 3rd, 2016, the C
Slide 2: Q2 2016 Earnings Conference Call
PT Link Net Tbk Q2 2016 Earnings Conference Call August 3, 2016
Slide 3: H1 2016 highlights
H1 2016 highlights Achievements - Profitable growth sustained with EBITDA margin at record high of 59.7% - Revenue growth steady at 12.6% yoy - Net profit up 26.4% yoy at a high 28.5% margin - Strong free cash flow generation even as CAPEX investments on track Improvements - Subscriber RGU base
Slide 4: Homes passed and RGU additions on track as penetration and churn improves further
Homes passed and RGU additions on track as penetration and churn improves further Homes Passed („000) RGU („000) and Churn ARPU (IDR „000) 2.3% 2.2% 2.1% 1,744 1,713 966 1,673 922 890 415 402 402 473 450 433 493 472 457 Dec 2015 Mar 2016 Jun 2016 Dec 2015 Mar 2016 Jun 2016 Dec 2015 Mar 2016 Jun 2016
Slide 5: Steady revenue growth despite challenging business and competitive environment
Steady revenue growth despite challenging business and competitive environment Revenue (IDR bn) Revenue 1,393 1,238 638 719 Q2 2015 Q2 2016 H1 2015 H1 2016 4
Slide 6: Stronger margins on further scale and cost advantages as well as stronger Rupiah
Stronger margins on further scale and cost advantages as well as stronger Rupiah EBITDA (IDR Bn) Net Profit1 (IDR Bn) 500 50% 800 60.3% 70% 400 40% 700 58.0% 60% 29.0% 600 26.5% 50% 300 30% 500 400 40% 200 20% 300 30% 200 433 20% 100 209 370 169 10% 100 10% - 0% - 0% Q2 2015 Q2 2016 Q2 2015 Q2 2016
Slide 7: Smarter and more strategic spending on back of strong balance sheet
Smarter and more strategic spending on back of strong balance sheet CAPEX1 (IDR bn) Net Cash2 (IDR bn) 646 452 454 182 27 373 172 168 272 7 92 14 97 452 333 353 262 136 Q2 2015 Q2 2016 H1 2015 H1 2016 Total Cash Total Debt Net Cash Network-related Capex CPE Capex Other Capex 1 Capital expenditure re
Slide 8: Appendix
Appendix
Slide 9: Profit and loss summary
Profit and loss summary 6M ended June 30, (IDR bn) 1H 2015 1H 2016 Revenue 1,237.5 1,393.1 EBITDA 715.3 831.9 D&A (236.8) (293.7) Operating Profit 478.6 538.2 Margin % 38.7% 38.6% Finance Income 8.3 6.6 Finance Cost (42.6) (17.5) Share in Loss of Associate (20.9) - Profit Before Tax 423.4 527.3 Tax
Slide 10: Balance sheet summary
Balance sheet summary As at Dec 31 As at Jun 30, (IDR bn) 2015 2016 Current Assets Cash and Cash Equivalents 325.4 453.9 Trade Receivables 242.1 291.3 Total Current Assets 604.8 782.4 Non-Current Assets Property, Plant and Equipment - Net 3,492.8 3,663.5 Total Non-Current Assets 3,833.3 3,963.1 Tota