Pt Bfi Finance Indonesia Tbk · IDX:BFIN

Pt Bfi Finance Indonesia Tbk — FY2024 Earnings Presentation

11 slides from Pt Bfi Finance Indonesia Tbk's earnings presentation, Feb 25, 2025

  1. Slide 1: Investor Presentation

    INVESTOR PRESENTATION PT BFI FINANCE INDONESIA TBK 25 February 2025

  2. Slide 2: Key Financial Highlights

    Key Financial Highlights Gradually regaining momentum with HoH and QoQ Bookings up 20.6% and 13.7% YoY • HoH bookings increased by 20.6% to Rp10,965 billion, QoQ bookings increased by 13.7% to Rp5,834 billion, and YTD booking increased by 5.1% YoY to Rp20,054 billion. Gradually Growth regaining mome

  3. Slide 3: Balance Sheet Highlights

    Balance Sheet Highlights On growth trajectory with improved performance and credit quality In Rp bil * FY24 FY23 YoY ∆ 2H24 1H24 HoH ∆ 4Q24 3Q24 QoQ ∆ (unless otherwise stated) New Bookings** 20,054 19,081  5.1% 10,965 9,089  20.6% 5,835 5,130  13.7% Managed Receivables^ 24,133 22,012  9.6% 24,1

  4. Slide 4: Balance Sheet Highlights

    Balance Sheet Highlights Achieved highest quarterly bookings since cyber attack amidst weak market Quarterly Bookings (excl Pinjam Modal) Trend (2020-4Q24) 6,354 6,317 5,835 5,198 5,130 4,626 4,783 4,425 4,306 4,043 4,104 3,983 4,155 3,895 3,137 3,196 2,921 2,166 1,333 57 1Q20 2Q20 3Q20 4Q20 1Q21 2Q

  5. Slide 5: Product Breakdown

    Product Breakdown Gradually recovering momentum in NDF book after strict mitigation for last few quarters Breakdown of Bookings (excl Pinjam Modal) Breakdown of Receivables (incl Pinjam Modal) FY23 vs FY24 FY23 vs FY24 2% 2% 1% 1% 3% 3% 3% 4% 4% 5% 14% 15% 15% 15% 13% 11% 8% 7% 55% 55% 53% 57% 13% 8

  6. Slide 6: Profit & Loss Highlights

    Profit & Loss Highlights 2H24 Shows Significant Improvement in Profitability Due to Revenue Growth, Lower CoC and Cost Rationalisation In Rp bil * FY24 FY23 YoY ∆ 2H24 1H24 HoH ∆ 4Q24 3Q24 QoQ ∆ (unless otherwise stated) Interest Income 4,335 4,377  1.0% 2,190 2,145  2.1% 1,105 1,085  1.9% Financ

  7. Slide 7: Key Ratios

    Key Ratios Encouraging QoQ and HoH Performance - Improvement in Almost All Metrics FY24 FY23 YoY ∆ 2H24 1H24 HoH ∆ 4Q24 3Q24 QoQ ∆ Net Interest Spread 11.9% 12.6%  74 bps 11.8% 12.0%  16 bps 11.9% 11.8%  3 bps Cost to Income 46.4% 44.8%  153 bps 45.0% 47.8%  289 bps 44.8% 45.2%  39 bps CoC / A

  8. Slide 8: Strong Balance Sheet Quality

    Strong Balance Sheet Quality NFP Trend Consistently Below Industry NPF Trend Write-Off Trend 2020-2024 2020-2024 4.5% 4.5% 4.1% 4.0% 4.0% 4.0% 3.9% 3.5% 3.5% 3.3% 3.0% 3.0% 3.0% 2.5% 2.5% 2.8% 1.8% 2.4% 2.0% 2.0% 2.3% 1.70% 1.36% 1.5% 1.25% 1.25% 1.5% 1.00% 1.0% 1.0% 0.5% 0.8% 0.5% 0.0% 0.0% 2020 20

  9. Slide 9: Historical Financials

    Historical Financials Proven Track Record – Consistently Outperforming the Industry PAT (Rp bil) Track Record ROA vs Industry ROE vs Industry 2020-2024 2020-2024 2020-2024 1,807 21.9% 12.2% 1,644 1,565 17.7% 16.2% 15.7% 8.4% 15.0% 1,131 8.0% 14.4% 9.6% 5.6% 13.9% 11.2% 5.7% 11.4% 702 5.0% 5.1% 4.5%

  10. Slide 10: Strong Capital Base

    Strong Capital Base Funding sources still dominated by bank borrowings Source of Funding External Funding Sources 2020-2024 2024 JF 8% 8,756 9,500 10,182 6,606 7,429 Bonds 20% 103 494 1,223 258 1,581 45 4,721 2,936 Borrowings IDR 2,979 2,487 54% Borrowings USD 10,247 18% 10,823 8,666 4,795 4,789 202

  11. Slide 11: 18,000 Active Agents & 267 Outlets

    Distribution Network Multichannel Selling Strategy with Extensive Branch and Non-Branch Touchpoints Across the Archipelago Over 18,000 Active Agents & Sumatera 267 Outlets* 11% Kalimantan Approval 18% 40 outlets 25 outlets Sulawesi and East 46 outlets 21% Java & Bali 50% 111 outlets * Consists of 19

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