Pt Bakrie & Brothers Tbk Class A · IDX:BNBR
Pt Bakrie & Brothers Tbk Class A — Q1 2021 Earnings Presentation
25 slides from Pt Bakrie & Brothers Tbk Class A's earnings presentation, May 2021
Slide 1: Management Presentation March 2021
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Slide 2: Agenda
• Financial Update • BNBR Business • Growth Strategy • Strategic Initiatives • Appendix MANAGEMENT PRESENTATION
Slide 3: Financial Update
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Slide 4: Group structure and business units
Steel Structure Fabrication Building Materials Infrastructure Projects Steel Pipes Steel Structure Automotive Cimanggis- Kalimantan IT & Telco Power Plant Jawa Gas Infrastructure Manufacturing Fabrication Components Cibitung Toll Road *consolidated into BMI since November 23, 2018 **consolidated int
Slide 5: Profit & Loss Summary - Consolidated
Profit & Loss Summary - Consolidated REVENUE PROFIT (LOSS) NET EBITDA 763 624 Rp billion Rp billion Rp billion 279 37 7 6 3M20 3M21 3M20 3M21 3M20 3M21 • Revenue decreased by 18% in • The Company booked net • EBITDA was recorded the first three months of profit in the first three positive in the fir
Slide 6: Balance Sheet Summary
Balance Sheet Summary EQUITY TOTAL ASSET 13.99 14.51 Rp trillion Rp trillion 1.44 1.30 YE20 3M21 YE20 3M21 • Aset increased at the first three months of • Equity decreased due to impact of net loss 2021 due to increase of short term for the period and recent implementation investments and trade rece
Slide 7: Parent Only loans and debt
Parent Only TOTAL LOAN TOTAL DEBT RUPIAH AND US DOLLAR 683 700 45 45 US$ million Rp billion Rp billion 254 256 9,840 10,413 YE20 3M21 YE20 3M21 YE20 3M21 Short Term Loan Long Term Loan MANAGEMENT PRESENTATION
Slide 8: Parent Only debt restructuring
Parent Only • Company’s effort to revitalize its balance sheet has shown positive signs. • Company will continue its debt restructuring efforts with remaining creditors 2019 In Rp billion 2016 2017 2018 - Total 2021 Debt restructuring done through Non Preemptive Rights Issue (NPR) 990 1,037 9,384 11
Slide 9: BNBR Business
MANAGEMENT PRESENTATION
Slide 10: Core subsidiaries overview
• The pioneer in grey & ductile • A producer of fiber-cement • Specializing in steel fabrication • Bakrie Power specializing in casting iron products for OEM products for domestic and and civil engineering services to power plant development, automotive components in export market. diversified secto
Slide 11: Automotive components product, performance and prospect
84,407 62,549 29,043 53,105 28,132 18,643 18,713 11,096 4,312 -77,447 2017 2018 2019 2020 3M 2021 2017 2018 2019 2020 3M 2021 *not including sales from BMC which is counted per piece Product Prospect • OEM supplier for automotive components. • In 2020 sales of motor vehicles declined by 48.5% to jus
Slide 12: Fiber cement product, performance and prospect
22,709 8,975 -8,434 -6,795 -15,656 6,692 6,280 -41,136 632 -126,942 2017 2018 2019 2020 3M 2021 2017 2018 2019 2020 3M 2021 *not including sales from Bangun Bantala Indonesia Product Prospect • Fiber Cement products with further expansion on its capacities • In 2020 growth rate of property loans (fo
Slide 13: Steel structure and pipes product, performance and prospect
104,374 103,837 268,533 103,525 216,923 80,925 102,920 22,889 19,197 28,717 2017 2018 2019 2020 3M 2021 2017 2018 2019 2020 3M 2021 *tidak menampilkan produksi struktur pipa baja sektor migas yang diperhitungkan dengan satuan man-hour Product Prospect • Services for steel construction, EPC, and a pr
Slide 14: Growth Strategy
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Slide 15: Growth strategy by business unit
• Increase of production capacity utilization. • Expand further into production of passenger vehicle components and after sales market. • Increase of non-automotive segment. • Development of electric vehicles for usage in DKI Jakarta, Central Java, East Java, and Bali. • Shifting of business from ma
Slide 16: Strategic Initiatives
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Slide 17: Kalija Pipeline Bontang - Banjarmasin
Kalija Pipeline Bontang - Banjarmasin • Feasibility Studies had been conducted for the pipe line between Bontang to Banjarmasin including additional line to new capital city, several industrial estates, and new factories along the route. • Several MOU has been signed by Shipper and Off-taker. • The
Slide 18: Cimanggis-Cibitung Toll Road
Cimanggis-Cibitung Toll Road • Collaborating with PT Waskita Toll Road (a subsidiary of PT Waskita Karya Tbk). • This toll road has started operating on November 10, 2020, starting with Section I (Junction Cimanggis - On / Off Ramp Jatikarya) and is connected to the Cinere-Jagorawi toll road and Jag
Slide 19: Tanjung Jati A 2x660MW Power Plant
Tanjung Jati A 2x660MW Power Plant • Collaborating with YTL Jawa Energy BV (a subsidiary of YTL Corporation Berhad). • Business Viability Guarantee Letter (BVGL) from the Government of Indonesia has been obtained in February 2020. • Construction work still on going with construction of the 500kV Tow
Slide 20: PT Multi Kontrol Nusantara
PT Multi Kontrol Nusantara • Focusing on information technology and telecommunication infrastructure. • Has been appointed as one of contractors for Palapa Ring project, a project of Government of Indonesia to develop infrastructure network of telecommunication and internet across Indonesia. MANAGEM
Slide 21: Green Transportation Solution – Electric Bus
Green Transportation Solution – Electric Bus • The first electric bus in Indonesia that has passed all the provisions of the homologation process and fulfillment of all legal and technical requirements for commercial testing by Trans Jakarta. • The first electric bus being tested commercially on the
Slide 22: Appendix
MANAGEMENT PRESENTATION
Slide 23: Company history and milestones
• BNBR completed revitalization, • The Cimanggis- including quasi Cibitung Toll Road reorganization. Project continues the land acquisition and • The Bakrie Group completes phase 1 • The Plus-Bakrie- formed a strategic construction. Global consortium partnership with • Established as a • Bakrie Pipe
Slide 24: Disclaimer
Disclaimer: This presentation has been prepared by PT Bakrie & Brothers Tbk (the "Company") and is only for the information of its investors. None of the information appearing in this presentation may be distributed to the press or other media or reproduced or redistributed in whole or in part in an
Slide 25: Investor relations contacts
Roy Hendrajanto – CFO & Investment Director (rhendrajanto@bakrie.co.id ) Andini Aritonang – Investor Relations Senior Manager ( andini.aritonang@bakrie.co.id )