Pt Garuda Indonesia (persero) Tbk Class B · IDX:GIAA
Pt Garuda Indonesia (persero) Tbk Class B — 9M 2023 Earnings Presentation
28 slides from Pt Garuda Indonesia (persero) Tbk Class B's earnings presentation, November 2023
Slide 1: Corporate Presentation 9M 2023
Corporate Presentation 9M 2023 PT Garuda Indonesia (Persero) Tbk November 2023 GROWING WITH RESILIENCE READY TO FLY HIGHER © 2023 GARUDA INDONESIA Garuda Indonesia Support Sustainable Development Goals
Slide 2: Disclaimer
DISCLAIMER This presentation material was prepared by PT Garuda Indonesia (Persero) Tbk. (“GIAA”/“Company”) and has not been independently verified. No representation or warranty, express or implied, is made and no reliance is made on the accuracy or completeness of the information presented or cont
Slide 3: Board of Directors
BOARD OF DIRECTORS Irfan Setiaputra Rahmat Hanafi President & CEO Director of Maintenance Prasetio Tumpal Manumpak Hutapea Director of Finance & Risk Management Director of Operation Ade Ruchyat Susardi Salman El Farisiy Director of Services & Commercial Director of Human Capital 2
Slide 4: Summary Highlight
Summary Highlight Garuda Indonesia continues to record consistent growth in business fundamentals. It is reflected in the Company's group business revenue achievements for the 3rd Quarter of 2023 (Q3-2023), which grew by 48.32 percent to US$2,233.25 million compared to the achievements in the same p
Slide 5: Highlights of Garuda Indonesia's Key Events in 3Q 2023
HIGHLIGHTS OF GARUDA INDONESIA'S KEY EVENTS IN THE 3Q OF 2023 05 July 24 July 6 August 9 August Garuda Indonesia launched the “Garuda Starting in August, Garuda Indonesia (GIAA) will Garuda Indonesia officially received 2 (two) expand Umrah route network by expanding direct Garuda Indonesia ranks 33
Slide 6: Performance Achievement 2023
PERFORMANCE ACHIEVEMENT 2023 TRENASIA ESG AWARD 2023 FOR BEST CRISIS COMMUNICATIONS TOP 50 BIG CAPITALIZATION PUBLIC THE CATEGORY MANAGEMENT 2023 (Gold THE MOST PUNCTUAL AIRLINES 2023 by RENEWAL CERTIFICATION (IATA SILVER PLAY BUTTON FOR PASSING LISTED COMPANY & BEST STATE TRANSPORTATION FOR THE Win
Slide 7: GIAA Shareholders Distribution
GIAA Shareholders Distribution After Rights Issue and Private Placement in December 2022, SHARES OWNERSHIP Q3 2023 Below composition of GIAA share ownership % FOREIGN RETAIL DOMESTIC FOREIGN 0,19% GOVERNMENT OF REPUBLIC INSTITUTIONAL INDONESIA 59,038,124,403 64.54% 16,90% TRANS AIRWAYS 7,316,798,262
Slide 8: How is GIAA stock doing?
How is GIAA stock doing? GIAA SHARE 4Q 2023 GIAA's share price is stable and the Company is optimistic the share price will increase with the upcoming end of year holiday seasons in Q4 3Q 2023 Market capitalization increase IDR 2.66T due to increment of GIAA share price 46% compare to Q2 2023 since
Slide 9: Corporate Strategy 2023
How Our Corporate Strategy, Can Take Us Fly Higher Corporate Strategy 2023 Beyond The Limits 2023 Fleet Strategy • Maintaining Simple Fleet Type • PBH Optimization Simple Commercial & Network Strategy • Umroh and Hajj optimization • Focus on Profitability Route • Alliance & SKYTEAM Optimization 3 •
Slide 10: Performance Highlight
Performance Highlight SUSTAIN PROFITABILITY SUSTAIN OPERATIONS SUSTAIN FINANCIAL 3Q 2023 3Q 2023 3Q 2023 On a quarterly basis, operating On a quarterly basis, The Group The Group’s Revenue Passengers revenue grew by 5.64% to USD carried 5.23 million passengers, increased by 18.92% compared to 837.47
Slide 11: Achievements in 9 Months 2023
Achievements in 9 Months 2023 INDICATOR ACHIEVEMENT 9M 2023 Operational (Consolidation) Passenger volume 14.28 Million Cargo Volume 122.42 Thousand Ton ASK (Available Seat Kilometer) 23.5 Billion Financial (Consolidation) Passenger yield Usc 8.5 Cargo yield Usc 60.9 Avg.Fuel Price Usc 78.7 Currency
Slide 12: The Group's Operated Aircraft
The Group’s Operated Aircraft Operated by Garuda Indonesia Operated by Citilink Aircraft Type Dec-22 Mar-23 Jun-23 Sep-23 Aircraft Type Dec-22 Mar-23 Jun-23 Sep-23 Narrow Body Narrow Body Boeing 737-800NG 32 35 34 37 Airbus 320-200 32 32 34 34 Total Narrow Body* 32 35 34 37 Airbus 320-200 Neo 6 5 6
Slide 13: Increase Revenue Through Market Expansion and Product Optimization
Increase Revenue Through Market Expansion and Product Optimization The Group increasing revenue through market expansion and product optimization, by launching Garuda Miles Junior, BPTV (Boarding Pass True Value) program which there are a lot of additional benefits and discounts that passengers can
Slide 14: Encouraging Group Performance Through Strategic Collaboration
Encouraging Group Performance Through Strategic Collaboration The Group Encourage Performance Through Strategic Collaboration, such as strategic partnership with Capital A, to expand the network in low-cost commercial aviation business lines, logistics service business to maintenance repairs and ove
Slide 15: The Group Financial in YTD Sept 2023
The Group Financial in YTD SEPT 2023 The Group’s will continuously optimize its revenue stream to maximize profitability inline with increasing demand on air travel Operating 48.32% Operating 670.73% Revenue 2.233 USD million Result 224.86 USD million 1.505 9M 2022 9M 2023 9M 2022 9M 2023 29.17 The
Slide 16: The Group's Operational Performance Highlight
The Group’s Operational Performance Highlight Passenger Carried Cargo Carried In million passenger In Ton +14.17% 44.180 5,23 +15.63% 43.706 4,53 4,52 3,98 39.543 38.698 3Q 2022 1Q 2023 2Q 2023 3Q 2023 3Q 2022 1Q 2022 2Q 2022 3Q 2023 Available Seat Kilometer (ASK) In billion ASK 8,51 +13.65% 7,6 7,5
Slide 17: The Group's Operating Revenue Highlight
The Group’s Operating Revenue Highlight Scheduled Airlines Service Non Schedule Airlines USD million USD million 129,64 131,80 +1.66% 622,14 595,11 +4.54% 506,83 479,64 75,23 12,81 3Q 2022 1Q 2022 2Q 2023 3Q 2023 3Q 2022 1Q 2022 2Q 2023 3Q 2023 Others USD million 83,35 83,54 +22.80% 72,15 68,03 9Mo2
Slide 18: The Group's Operating Expense Highlight
The Group’s Operating Expense Highlight FUEL BURN CASK (COST AVAILABLE SEAT KILOMETERS) In Million Liter US¢ 282,32 7,6 248,0 246,4 191,15 7,0 7,0 6,9 3Q 2022 1Q 2022 2Q 2023 3Q 2023 3Q 2022 1Q 2022 2Q 2023 3Q 2023 CASK (COST AVAILABLE SEAT KILOMETERS EXC FUEL) US¢ 4,5 4,5 4,3 4,2 • Fuel Contribute
Slide 19: Thank You
THANK YOU PT Garuda Indonesia (Persero), Tbk GROWING WITH RESILIENCE READY TO FLY HIGHER
Slide 20: Appendices
APPENDICES
Slide 21: Consolidated Statement of Profit (Loss)
Consolidated Statement of Profit (Loss) (Currency in million USD, except stated otherwise) INDICATOR 3Q 2022 1Q 2023 2Q 2023 3Q 2023 % YoY 9M 2022 9M 2023 % YoY REVENUE A B C D (D/A) E F (F/E) Schedule Airline Service 479.64 506.83 595.11 622.14 29.71% 1,156.93 1,724.08 49.02% Non Schedule Airline S
Slide 22: Consolidated Operational Performance
Consolidated Operational Performance INDICATOR 3Q 2022 1Q 2023 2Q 2023 3Q 2023 % YoY 9M 2022 9M 2023 % YoY OPERATIONAL A B C D (D/A) E F (F/E) *Utilization (Hour) 8:41 7:35 8:54 9:11 0:30 7:55 8:51 0:56 *On-Time Perfomance (%) 89.3 88.18 85.38 88.61 -0.69 pp 87.60 87.76 0.16 pp ASK (Billion) 5.82 7.
Slide 23: Operational Performance
Operational Performance Domestic 3Q 2022 1Q 2023 2Q 2023 3Q 2023 % YoY 9M 2022 9M 2023 % YoY Passenger Carried (Million) 1.28 1.4 1.5 1.68 31.2% 3.24 4.58 41.4% ASK (Billion) 1.65 2.1 2.1 2.20 33.4% 4.50 6.40 42.3% Seat Load Factor (%) 83.1 69.2 71.6 78.3 -4.73 pp 76.2 73.1 -3.06 pp Revenue Passenge
Slide 24: Operational Performance
Operational Performance Main Brand 3Q 2022 1Q 2023 2Q 2023 3Q 2023 % YoY 9M 2022 9M 2023 % YoY Passenger Carried (Million) 1.53 1.8 1.8 2.13 39.5% 3.70 5.76 55.5% ASK (Billion) 3.15 4.6 4.5 5.14 62.8% 8.40 14.20 69.1% Seat Load Factor (%) 78.8 72.3 67.7 72.7 -6.14 pp 65.9 71.0 5.09 pp Revenue Passen
Slide 25: Consolidated statement of Financial Position
Consolidated statement of Financial Position INDICATOR FY 2022 1Q 2023 *% Chg. 2Q 2023 **% Chg. 3Q 2023 ***% Chg. ASSETS Current Assets 801.15 791.90 -1.15% 831.94 3.84% 825.43 3.03% Non current assets 5,433.86 5,394.02 -0.73% 5,450.02 0.30% 5,330.46 -1.90% Total Assets 6,235.01 6,185.92 -0.79% 6,28
Slide 26: Consolidated Statement of Cash Flow
Consolidated Statement of Cash Flow INDICATOR 3Q 2022 1Q 2023 2Q 2023 *% Chg. 3Q 2023 9M 2022 9M 2023 **% Chg. CASH FLOWS Cash from operating activities 109.37 (24.15) 114.97 -79.09% 22.87 285.99 113.69 -60.25% Cash from investing activities (57.60) (92.60) (58.44) 36.54% (78.65) (122.63) (229.70) 8
Slide 27: Garuda Indonesia Parent Only
GARUDA INDONESIA PARENT ONLY (Currency in Million USD, except stated otherwise) FINANCIAL INDICATORS YTD Sept 2022 YTD Sept 2023 *GROWTH (%) Operating Revenue 856,53 1,453.3 69.67% Operating Income (11,12) 158,7 1.328% Net Income 3,778,9 (8,47) NM Assets* 4,146.6 4,105.5 -0.99% Liabilities* 4,779.7
Slide 28: The Subsidiaries Revenue 987.88 Mio USD, Contributed 44.24% of Total Group
The Subsidiaries Revenue 987.88 Mio USD, Contributed 44.24% of Total Group USD (Mio) USD (Mio) IDR (Bio) FINANCIAL INDICATORS YTD Sept 2023 Grw*% YTD Sept 2023 Grw*% YTD Sept 2023 Grw*% Operating Revenue 627.89 16.04 249.91 66,05 1,609 75.64 Operating Income 39.65 (51.68) 20.69 402,25 138 207.30 Net
PT Garuda Indonesia (Persero) — 9M 2023 Earnings Presentation on 6ix