PT Sarana Menara Nusantara Tbk · IDX:TOWR
PT Sarana Menara Nusantara Tbk — Q1 2015 Earnings Presentation
12 slides from PT Sarana Menara Nusantara Tbk's earnings presentation, 2015
Slide 1: 1Q 2015 Results Presentation
PROTELINDO PT. SARANA MENARA NUSANTARA, Tbk. (TOWR) Indonesia’s Premier Tower Company 1Q 2015 Results Presentation
Slide 2: Disclaimer
Disclaimer These materials have been prepared by PT Sarana Menara Nusantara, Tbk. (the “Company”) and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information prese
Slide 3: Agenda
Agenda Financial Results Operational Performance Summary 2015 Outlook Q&A 2
Slide 4: 1Q 2015 Financial Results: Revenue
1Q 2015 Financial Results Revenue (in IDR Billions) IDR 212.8 (IDR 44.5) (IDR 7.2) (IDR 25.2) IDR 19.5 IDR 1,068.6 (4.9%) (0.8%) I (2.8%) 2.1% IDR 913.2 23.4% Reported Growth of 17.0% Expiration of Removal of Actual Revenue Gross Revenue Cancellation of Actual Revenue Telkom Flexi electricity from O
Slide 5: 1Q 2015 Financial Results: EBITDA
1Q 2015 Financial Results EBITDA (in IDR Billions) IDR 166.9 (IDR 37.1) (IDR 6.0) IDR 16.3 IDR 889.7 (IDR 4.7) (4.9%) (0.8%) I (0.6%) 2.2% IDR 754.3 22.0% Reported Growth of 17.9% Expiration of Removal of Actual EBITDA Gross EBITDA Cancellation of Actual EBITDA Telkom Flexi electricity from One-off
Slide 6: Strong Tower and Tenant Growth: Towers
Strong Tower and Tenant Growth Towers 1,414 (64) 11,675 (0.6%) 10,325 13.7% Reported Growth of 13.1% Actual Towers Actual Towers Additional Dismantled 1Q 2014 1Q 2015 • Strong tower growth with over 1,400 new tower additions 5
Slide 7: Strong Tower and Tenant Growth: Tenants
Strong Tower and Tenant Growth Tenants 2,437 (874) (107) 20,325 (4.6%) 18,869 (0.6%) 12.9% Reported Growth of 7.7% Actual Tenants Gross Tenant Cancellation of Expiration of Actual Tenants 1Q 2014 Additions Bakrie sites Telkom Flexi sites 1Q 2015 • YoY tenancy comparisons affected by one-time cancell
Slide 8: Post-Refinancing Debt Structure: Longer Tenors, Lower Margins
Post-Refinancing Debt Structure: Longer Tenors, Lower Margins Structure Maturity Date Currency ⁽¹⁾ Amount Outstanding Amount Outstanding (in Original Currency) (In USD Millions) 7-Yr Amortizing Dec 2018 IDR 792.2 60.6 7-Yr Amortizing Dec 2019 IDR 1,001.0 76.5 3-Yr Bonds Feb 2017 IDR 1,000.0 76.4 10-
Slide 9: 1Q 2015 Achievements
1Q 2015 Achievements Improved financial ratios despite an increase of towers of over 13.7% and tenancies of 12.9% Increased LQA EBITDA interest coverage ratio by 34.5% to 7.4x, up from 5.5x at 1Q 2014 Decreased Net Debt to LQA EBITDA ratio by 15.4% to 2.2x, down from 2.6x at 1Q 2014 Received
Slide 10: 1Q 2015 Summary
1Q 2015 Summary Increased Revenue and EBITDA in excess of 17% year over year Added over 1,300 towers (net) year over year, an increase of 13.1% Added over 1,400 tenants (net) year over year, an increase of 7.7% Approaching 11,700 towers and 20,400 tenants 9
Slide 11: Overview of iForte Acquisition
Overview of iForte Acquisition iForte is a bolt-on acquisition Enhances our ability to support operators as they expand 3G and invest in 4G in dense urban areas One of only 2 active companies with a microcell license Three business lines Towers, fiber, BTS hotels: main attraction exclusi
Slide 12: 2015 Outlook
2015 Outlook Outlook Revenue IDR 4,311 – 4,599 Billion EBITDA IDR 3,589 – 3,829 Billion 11
PT Sarana Menara Nusantara — Q1 2015 Earnings Presentation on 6ix