PT Jasa Marga (Persero) Tbk Class B · IDX:JSMR
PT Jasa Marga (Persero) Tbk Class B — Jasa Marga — 9M2023 Earnings Presentation
22 slides from PT Jasa Marga (Persero) Tbk Class B's earnings presentation, November 2023
Slide 1: Jasa Marga Update 9M2023
Jasa Marga Update 9M2023 November 2023
Slide 2: Company Overview
AUPUPR SIGAP MEMBANGUN NEGERI <A ASEAN INDONESIA 2023 @ Company Overview @€ Connecting Indonesia
Slide 3: Company Highlights
Company Highlights Brief Snapshot Advantages of Jasa Marga • Leading toll road operator in Indonesia with more than 40 years of • Largest toll road operator in Indonesia with 47% market share in terms of experience. operated commercial toll road lengths (± 1,260 km). • 36 toll road concessions with
Slide 4: Company Key Development Milestone
Company Key Development Milestone 2004 The authority function was returned to the 2021 2022 Government, under ▪ Manages Positive Performance amid Spinning Off Transjawa Toll Road (4 the Ministry of Public the pandemic with business revenues operating segments and 9 ownership Works through Toll conti
Slide 5: Company Structure & Line of Business
Company Structure & Line of Business Jasa Marga owns 36 toll road concessions which are operated at the parent and subsidiary level, and under the sub-holding PT Jasamarga Transjawa Tol. Jasa Marga has 3 Subsidiaries which focus on the toll road operation and maintenance business and 1 Subsidiary in
Slide 6: Company Toll Road Network
Company Toll Road Network Jasa Marga has 36 toll road concession (1,736 km) and operates 1,260 km of operating toll roads. Jasa Marga business are across Indonesia, where most of the toll roads already connected and create a positive impact of connectivity which are traffic and toll revenue growth.
Slide 7: Industry Overview
AUPUPR SIGAP MEMBANGUN NEGERI <A ASEAN INDONESIA 2023 @ Industry Overview @€ Connecting Indonesia
Slide 8: Overview of the Indonesian Toll Regulation
Overview of the Indonesian Toll Regulation Regulator Structure Commercially Supportive Regulations Body Role Concession Model Funding Scheme Land Acquisition Support Government of Indonesia • Long-term, 35 to 50 years. To attract investor on less • Since full implementation of the • Length of conces
Slide 9: Company Update
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Slide 10: Leading Toll Road Industry ± 1,260 km
Leading Toll Road Industry Market Share Operational Highlights Operated Toll Road PT Astra Tol 1,736 km Nusantara Accumulated Toll Road Concession 9% CMNP 3% WSKT 9% ± 1,260 km Accumulated Toll Road in Operation JSMR PT Hutama 47% Karya 19% PT Others Nusantara Infrastruktur 37.05 km 2% INA 2% Additi
Slide 11: Financial Highlights (1/2)
Financial Highlights (1/2) Revenue EBITDA (in trillion IDR) (in trillion IDR) In October 2022, Jasa Marga divested the MBZ As is Consolidated 11.00 6.83 10.21 6.46 Elevated toll road, managed by PT Jasamarga Jalanlayang Cikampek (JJC), and on July 27th 2023, Jasa Marga through PT JTT also did the bu
Slide 12: Financial Highlights (2/2)
Financial Highlights (2/2) The Company recorded a Net Profit of IDR 5.97 Trillion until the Third Quarter of 2023, of which IDR 4.1 Trillion Net Profit was the impact of fulfilling the Statement of Financial Accounting Standards (PSAK) 22 concerning Business Combinations in connection with the re-co
Slide 13: Jasa Marga's Toll Road Projects
Jasa Marga’s Toll Road Projects Jasa Marga has 13 mature toll road concessions which have steady cash flow to support 23 new toll road concessions under subsidiaries. Concession Periode Length Jasa Marga Section (Year) (km) Ownership Funding Structure Old Concession 13 Old Concession 2044 512.10 100
Slide 14: Development Focus
Development Focus New Projects To Be Completed: 5 Projects Impact of Connectivity • JSMR to focus on developing toll roads connected/that could improve connectivity to JSMR existing portfolio. • From our experience in Trans Java area, connectivity brings significant increase in terms of traffic & re
Slide 15: New Toll Projects Opportunities
5 New Toll Projects Opportunities 1 | Jakarta-Cikampek II South 2 | Jogja-Bawen 3 | Jogja-Solo Region: Jakarta, Bekasi, Karawang Region: Jogja, Bawen, Purwokerto (Central Java, Yogyakarta) Region: Jogja, Bawen, Purwokerto (Central Java, Yogyakarta) ±58.8 mio1) ±40.2 mio1) ±40.2 mio1) ▪ Located along
Slide 16: Jasa Marga's Toll Upcoming Project
Jasa Marga’s Toll Upcoming Project Greater Jakarta Area: 1 Project Java : 4 Projects 2 4 Akses Patimban (37,05 km) Probolinggo – Banyuwangi (171,50 km) Progress Land Acquisition : 31,73% Tahap I : Probolinggo - Besuki (49,68 km) Progress Construction : 0% • Paket 1 : Suko – Kraksaan Progress Land Ac
Slide 17: Thank You
@ ‘ss'| DPUPR Z = BUMMNexsx... G wsamarcn Thank You ¢ | a a @2 Connecting indonesia
Slide 18: Appendix
Appendix Jasa Marga ‘@€ Connecting Indonesia
Slide 19: Financial Highlights – Income Statement
Financial Highlights – Income Statement (in billion IDR) 2016 2017 2018 2019 2020 2021 2022 9M2022 9M2023 ∆Rp ∆% CAGR Consolidated Financial Statement (Audited) (Audited) (Audited) (Audited) (Audited) (Audited) (Audited) (YoY) (YoY) Toll Revenue 7,927 8,281 9,036 10,131 8,763 10,786 12,444 9,322 9,8
Slide 20: Financial Highlights – Balance Sheet
Financial Highlights – Balance Sheet (in billion IDR) 2016 2017 2018 2019 2020 2021 2022 9M2023 ∆Rp ∆% Consolidated Financial Statement (Audited) (Audited) (Audited) (Audited) (Audited) (Audited) (Audited) Cash and Cash Equivalent 4,125 6,873 5,943 4,342 4,597 6,279 8,429 4,095 -2,184 -34.8% Other C
Slide 21: Financial Highlights – Revenue Breakdown
Financial Highlights – Revenue Breakdown (in billion IDR) ∆% No Mature Toll Road / New Toll Road 2016 2017 2018 2019 2020 2021 2022 9M2022 9M2023 9M2022 vs. CAGR 9M2023 1 Jakarta - Bogor - Ciawi 697.0 874.0 816.4 877.5 811.7 941.5 1,029.5 748.7 834.7 11.5% 6.7% 2 Jakarta - Cikampek 1,232.5 1,265.7 1
Slide 22: Operational Highlights – Traffic Breakdown
Operational Highlights – Traffic Breakdown (in million vehicles) ∆% CAGR No Mature Toll Road / New Toll Road 2016 2017 2018 2019 2020 2021 2022 9M2022 9M2023 9M2022 vs. 9M2023 1 Jakarta - Bogor - Ciawi * 207.65 189.47 148.50 151.90 123.05 131.36 145.90 107.75 112.33 4.2% -8.8% 2 Jakarta - Cikampek *