PT Jasa Marga (Persero) Tbk Class B · IDX:JSMR
PT Jasa Marga (Persero) Tbk Class B — Jasa Marga — 9M2023 Earnings Presentation
21 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 Company Highlights • Leading toll road operator in Indonesia with more than 40 years of • Largest toll road operator in Indonesia with 57% market share in term of experience. operated commercial toll roads lengths (± 1,260 km). • 36 toll road concessions with total
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 concess
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 Highlight
Financial Highlight As of October 2022, Jasa Marga had already divested the Jakarta-Cikampek Elevated (JJC) toll road, affecting the company's year-over-year (YoY) performance. Despite the revenue from JJC being deconsolidated starting from 4Q22, Jasa Marga still managed to increase revenue and EBIT
Slide 12: 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 by issuing several alternative financing products. Concession Periode Length Jasa Marga Section (Year) (km) Ownership Funding Structur
Slide 13: 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 14: 5 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 15: 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 16: Thank You
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Slide 17: Appendix
Appendix Jasa Marga ‘@€ Connecting Indonesia
Slide 18: 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 19: 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 20: 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 21: 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 *