Pt Cikarang Listrindo Tbk · IDX:POWR
Pt Cikarang Listrindo Tbk — Q1 2021 Earnings Presentation
20 slides from Pt Cikarang Listrindo Tbk's earnings presentation, June 2021
Slide 1: PT Cikarang Listrindo Tbk Investor Presentation 1Q 2021
PT CIKARANG LISTRINDO TBK Investor Presentation 1Q 2021 June 2021 Reliable, Clean and Efficient Power
Slide 2: Disclaimer
Disclaimer This presentation material has been prepared solely for use in a presentation to be made by PT Cikarang Listrindo Tbk (the “Company”). This presentation material and any information contained herein is highly confidential and may not be copied, reproduced, redistributed, transmitted or di
Slide 3: Agenda
Agenda 1. Recent Update 3 2. Operational Performance 8 3. Financial Performance 11 4. Future Development 16 /2
Slide 4: Recent Update
\ ‘ 01] —— : Recent Update
Slide 5: Recent Update
The Company started its internal pilot project to explore Feb-21 Electric Vehicles (EV) Charging Station. Recent Update The Company managed to install another 420 kWp solar rooftop on the customers’ manufacturing facilities. Target Mar-21 10 MWp for the year is still on schedule. The Company was awa
Slide 6: AGMS 2020 (1/2)
AGMS 2020 (1/2) The AGMS held on June 2, 2021 has resolved and approved the following : 1. The Annual Reports including the Report of the Board of Directors (BOD) and the Report of the Board of Commissioners (BOC), as well as the Financial Statements of the Company for the year ended December 31, 20
Slide 7: AGMS 2020 (2/2)
AGMS 2020 (2/2) The AGMS held on June 2, 2021 has resolved and approved the following : (continued) 6. The re-appointment of the Board of Commissioners and Board of Directors for the period 2021-2026. Board of Directors Board of Commissioners President Director : Andrew K. Labbaika President Commiss
Slide 8: EGMS 2021
EGMS 2021 The EGMS held on June 2, 2021 has resolved and approved the following : The amendment of the Company’s Articles of Association to conform with the Financial Services Authority Regulations and other applicable laws and regulations: Article 3 on the Purposes, Objectives and Business Acti
Slide 9: Operational Performance
CIKARANG LISTRINDO ENERGY < FF Operational —H# Performance
Slide 10: Operational Performance (1/2)
Operational Performance (1/2) Historical Consumption Growth Net Capacity Factor1,2 (GWh) Availability 96% 96% 98% 95% 98% 98% Factor1 % 6,000 (%) 5,155 100% 4,500 77% 1,906 3,779 26.7% 80% 67% 68% 59% 58% 1,038 60% 50% 3,000 45.5% 40% 1,500 3,249 1,062 1,048 1.3% 2,741 15.6% 301 292 3.2% 20% 760 756
Slide 11: Operational Performance (2/2)
Operational Performance (2/2) IE Customer Energized1 Capacity IE Customer Consumption & Indonesia PMI2 Jan 2020 – Apr 2021 (# of 2,351 2,411 2,464 2,495 2,473 2,501 (GWh) PSBB3 PSBB3 Transitional PSBB PSBB3 Tenants) Jakarta Bekasi Jakarta & Bekasi Jakarta (kVA 000’s) 1,151 Lebaran Year-end 1,111 1,1
Slide 12: Financial Performance
CIKARANG LISTRINDO ENERGY Financial Performance
Slide 13: Financial Performance
Financial Performance Profit & Loss (US$ million) 1Q21 1Q20 ∆ ∆% Cash Flows (US$ million) 1Q21 1Q20 ∆ ∆% Revenue 129.2 130.3 ↓ 1.1 ↓ 0.8% Net Cash Provided by 38.9 25.9 ↑ 13.1 ↑ 50.5% Operating Activities - IE 100.9 101.4 ↓ 0.5 ↓ 0.5% Net Cash Provided (Used) in - PLN 28.2 28.8 ↓ 0.6 ↓ 2.1% 10.9 (13
Slide 14: Key Financial Ratios
Key Financial Ratios FCCR Leverage Ratio • Ratio of the aggregate amount of Consolidated EBITDA • Ratio of Net Debt1 to Consolidated EBITDA for the last four divided by Fixed Charges for the last four quarters. quarters. • The Company for the past 5 years has consistently met the • The Company for t
Slide 15: Dividend Payout
Dividend Payout Historical Dividend since IPO (US$ million) › The historical dividend payout is above the dividend payout communicated during IPO of 60%. 73 73 69 › Management is committed to distribute a regular 66 59 dividend (interim and final dividend) with careful consideration to the Company’s
Slide 16: Replacement Value Analysis
Replacement Value Analysis Indicators indicate significant under value of POWR stocks JLT’s Implied Book Value1 Replacement Description Capacity (MW) (US$ million) Cost (US$ million) Gas Fired Combined Cycle 646 83 5812 Gas Fired Simple Cycle 218 84 1092 Coal Fired Power Plant 280 405 475 Transmissi
Slide 17: Future Development
A | || tk BEE? CIKARANG LISTRINDO ENERGY Future
Slide 18: Potential Capacity Growth from Data Center Market
Potential Capacity Growth from Data Center Market › Indonesia is one of the rising stars which are developing rapidly and expected to increase the share of the SEA region’s data center pie, with an SEA Internet Economy (GMV3, US$B) expected growth rate of 22% per annum1, abundance of land mass for d
Slide 19: Solar Rooftop
Solar Rooftop › Indonesia’s PV expansion is expected to gain Government’s Solar Rooftop Target 2021-2030 momentum with supportive regulations introduced by the Government. (MWp) › Huge solar energy potential combined with strong commitment to accelerate renewables energy in 2,148.1 Indonesia. Based
Slide 20: Co-firing with Biomass in CFB Boiler
Co-firing with Biomass in CFB Boiler Biomass Biomass Palm Kernel Shells Woodchips › To diversify its generation mix, in 2017, Company successfully commissioned its Coal-Fired Power Plant with Circulating Fluidized Bed (CFB) boiler technology. › Despite that, our focus on the environment has never wa
PT Cikarang Listrindo — Q1 2021 Earnings Presentation on 6ix