Pt Garuda Indonesia (persero) Tbk Class B · IDX:GIAA
Pt Garuda Indonesia (persero) Tbk Class B — Q3 2020 Earnings Presentation
20 slides from Pt Garuda Indonesia (persero) Tbk Class B's earnings presentation, 2020
Slide 1: Corporate Presentation 3Q-2020
Corporate Presentation 3Q-2020 CONFIDENTIAL DRAFT
Slide 2: Garuda's Strategy to Mitigate COVID-19 Pandemic
Garuda’s Strategy to Mitigate COVID-19 Pandemic & 10 ¥ + Negotiating lessor to defer rental fee payment + Extend aircraft leasing period to reduce monthly lease cost I, RENEGOTIATE LEASE COST + Deferral due date payment & debt restructuring + Convert non-cash facilities into cash loans Il. FINANCIAL
Slide 3: 7.0 80.0 6.0 70.0 5.0 60.0 4.0 50.0 40.0 3.0 30.0 2.0 20.0 .0
7.0 80.0 6.0 70.0 5.0 60.0 4.0 50.0 40.0 3.0 30.0 2.0 20.0 1.0 10.0 0.0 0.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 3
Slide 4: 700.0 600.0 80.0 500.0 70.0 60.0 400.0 50.0 300.0 40.0 200.0 30.0 100.0 20.0
700.0 600.0 80.0 500.0 70.0 60.0 400.0 50.0 300.0 40.0 200.0 30.0 100.0 20.0 10.0 0.0 0.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 4
Slide 5: 1,000.0 800.0 160.0 140.0 600.0 120.0 100.0 400.0 80.0 60.0 200.0 40.0 20.0 0.0
1,000.0 800.0 160.0 140.0 600.0 120.0 100.0 400.0 80.0 60.0 200.0 40.0 20.0 0.0 0.0 12.0 10.0 8.0 • 6.0 4.0 • 2.0 0.0 5
Slide 6: 100.0 0.0 0.0 (100.0) (100.0) (200.0) (200.0) (300.0) (300.0) (400.0) (500.0) (400.0) (600.0) (500.0)
100.0 0.0 0.0 (100.0) (100.0) (200.0) (200.0) (300.0) (300.0) (400.0) (500.0) (400.0) (600.0) (500.0) (700.0) (600.0) (800.0) (700.0) 400.0 300.0 300.0 200.0 200.0 100.0 100.0 0.0 0.0 (100.0) (100.0) (200.0) (200.0) (300.0) (300.0) (400.0) (400.0) 6
Slide 7: Ongoing Strategy
Ongoing Strategy Renegotiate Lease Cost By December 2020, total lease cost saving USD12.5 million/month 155.70 831.72 666.58 USD million v FY2019 FY2020 FY2021 v v v Business Development in Response to COVID-19 Pandemic Cargo Business rs “KirimAJa’ is a product to seize opportunities behind unfavora
Slide 8: Support & Negotiation
Support & Negotiation Government Support — MCB Non Equity This support aims to improve Garuda Indonesia’s financial position due to negative working capital and liabilities exceeding 80% of the company's assets in COVID-19 Pandemic. Terms Issuance: | The MCB Non Equity Outstanding: IDR 8.5 Trillion
Slide 9: Appendix
Appendix
Slide 10: Garuda Indonesia Group
Garuda Indonesia Group (currency in million USD, except stated otherwise) INDICATOR Chg (%) 9M-20 OPERATIONAL Utilization (Hour) 8:01 6:05 1:36 5:01 VW -3:00 7:49 440 Ww -3:09 On-Time Performance (%) 90.6 93.7 94.8 96.0 M4 54pp 92.3 943 A 2.0pp ASK (Billion) 13.2 12.4 2.6 46 VW (65.2) 42.9 196 W (54
Slide 11: Market Share
Market Share Based on Garuda Indonesia Main Brand’s routes only. Domestic 2019 Garuda Indonesia Group International O_o i) 21.6% SSS DH 21.5% Garuda Indonesia 11
Slide 12: Garuda Indonesia Domestic and International
Garuda Indonesia Domestic and International Note: All numbers and figures represent only for Garuda Indonesia (Main Brand) 30-2019 10 Chg(%) 9M-2019 9M DOMESTIC Passenger Carried (Million) 4.0 27 0.1 0.5 YW (87.1) 11.2 33 OV (70.1) ASK (Billion) 4.5 3.9 0.8 1.9. W...(58-1) 13.0 6.6 v....(49.3) Seat
Slide 13: Garuda Indonesia Main Brand & Citilink
Garuda Indonesia Main Brand & Citilink INDICATOR tC) 9M-2019 GARUDA INDONESIA Passenger Carried (Million) ASK (Billion) Seat Load Factor (%) Revenue Passenger (in Million) Passenger Yield (US¢) Average Fares (USS) Cargo Uplifted (K Ton) CASK (US¢) CASK - excl. Fuel (US¢) Cargo Yield (US¢) CITILINK P
Slide 14: The Group's Fleet Structure
The Group's Fleet Structure FINANCE LEASED/ OPERATING AIRCRAFT TYPE OWNED LEASED Operated by Garuda Indonesi Narrow Body Boeing 737-800NG 2 Boeing 737 Max 8 1 Bombardier CRJ1000 Nextgen 6 12 ATR72-600 13 Total Narrow Body 6 99 Wide Body Boeing 777-300ER 10 10 Airbus 330-200 7 7 Airbus 330-300 6 v y
Slide 15: Consolidated Statements of Profit or Loss
Consolidated Statements of Profit or Loss (currency in million USD, except stated otherwise) INDICATOR REVENUES Scheduled Airline 940.7 654.5 95.7 167.0... (82.2) 2,195.7 917.3. Vv. (67.2) Non-Scheduled Airline 245.5 5.3 16.2 25.4. ¥ (89.7) 249.9 46.9 & (81.2) Others 160.8 108.3 37.2 29.1. 4 (81.9)
Slide 16: Consolidated Statements of Financial Position
Consolidated Statements of Financial Position (currency in million USD, except stated otherwise) INDICATOR 10 2020 Chg (%) Chg (%) 30 Chg (%) ASSET Current Assets 1,133.9 772.8 (31.8) 717.1 (36.8) 7143 W (37.0) Non-Current Assets* 3,321.8 8,372.6 152.1 9,569.8 188.1 9191.2 A 1767 Total Assets 4,455.
Slide 17: Consolidated Statement of Cash Flows
Consolidated Statement of Cash Flows (currency in million USD, except stated otherwise) CASH FLOW Operating Activities 81.9 269.9 (138.8) (20.4) (124.9) 391.7 110.8 VW . (71.7) Investing Activities (33.5) (40.2) (8.6) 4.0 111.9 (103.8) (44.9) Ww 567 Financing Activities (21.8) (355.2) 145.4 19.1 187
Slide 18: Financial Ratio
Financial Ratio (currency in million USD, except stated otherwise) FINANCIAL DEBT Short Term Debt Factoring Liabilities CPLTD Bonds/Sukuk Asset-Backed Securitisation Loan Total Short Term Debt Long Term Debt Asset-Backed Securitisation Loan Total Long Term Debt Total Leasing Total Financial Debt COV
Slide 19: The Subsidiaries Performance
The Subsidiaries Performance Citilink De cities y Aerowisata Citilink (USD million) GMF AeroAsia (USD million) Aero Wisata (IDR billion) Operating Revenue 663.1 251.2. W. (62.1) 369.7 191.8. V (48.1) 2,697.8 1,088.7. VW. (59.6) Operating Income 63.4 (157) ¥_ (348.0) 24.5 (178.2) (826.5) (53.2) (389.
Slide 20: Thank You
Thank You Investor Relations Ground Floor, Garuda Indonesia Management Building Soekarno-Hatta International Airport Tangerang - 15111, Indonesia PO BOX 1004 TNG BUSH email: investor@garuda-indonesia.com
PT Garuda Indonesia (Persero) — Q3 2020 Earnings Presentation on 6ix