Pt Garuda Indonesia (persero) Tbk Class B · IDX:GIAA
Pt Garuda Indonesia (persero) Tbk Class B — FY2023 Earnings Presentation
25 slides from Pt Garuda Indonesia (persero) Tbk Class B's earnings presentation, Apr 1, 2024
Slide 1: Corporate Presentation FY 2023
Corporate Presentation FY 2023 PT Garuda Indonesia (Persero) Tbk 1 April 2024 GROWING WITH RESILIENCE READY TO FLY HIGHER © 2024 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 President & CEO Rahmat Hanafi Director of Maintenance and Caretaker of Director of Human Capital Prasetio Director of Finance & Risk Management Tumpal Manumpak Hutapea Director of Operation Ade Ruchyat Susardi Director of Services & Commercial 2
Slide 4: Summary Highlight
Summary Highlight Garuda Indonesia’s group business performance continues to improve throughout 2023.. It is reflected in the Company's group business revenue achievements for the 4th Quarter of 2023 (Q4-2023), which grew by 48.32 percent to US$2,936.63 million compared to the achievements YoY The G
Slide 5: Highlights of Garuda Indonesia's Key Events in the Year of 2023
HIGHLIGHTS OF GARUDA INDONESIA'S KEY EVENTS IN THE YEAR OF 2023 11 January 02 April 24 July 03 October Garuda Indonesia Group Prepares 1.2 Million Starting in August, Garuda Indonesia (GIAA) will Welcoming Mandalika MotoGP, Garuda and Garuda Indonesia wins the title of the most expand Umrah route ne
Slide 6: Performance Achievement 2023
PERFORMANCE ACHIEVEMENT 2023 BEST CRISIS TRENASIA ESG AWARD 2023 FOR THE COMMUNICATIONS TOP 50 BIG CAPITALIZAATION PUBLIC CATEGORY TRANSPORTATION FOR THE MOST PUNCTUAL AIRLINES 2023 by RENEWAL CERTIFICATION (IATA MANAGEMENT 2023 (Gold LISTED COMPA& BEST STATE OWNED THE ACTION by TrenAsia Punctual Le
Slide 7: GIAA Shareholders Distribution
GIAA Shareholders Distribution After Rights Issue and Private Placement in December 2023, SHARES OWNERSHIP Dec 2023 Below composition of GIAA share ownership % DOMESTIC GOVERNMENT OF REPUBLIC FOREIGN RETAIL INDONESIA 59.038.124.403 64,54% FOREIGN 0,24% INSTITUTIONAL TRANS AIRWAYS 7.316.798.262 8,00%
Slide 8: Highlight FY 2023
HIGHLIGHT FY 2023 EQUITY IMPROVEMENT OPERATIONAL DEBT RESTRUCTURING BUYBACK BONDS & RECOVERY OF SUBSIDIARIES SUKUK Due to improved operational performance in 2023, the company can carry out impairment reversal of non financial assets in FY 2023 Financial reports Implementing Restructuring Plans in S
Slide 9: How Our Corporate Strategy Can Make Us Rebound Forward
How Our Corporate Strategy, Can Make Us Rebound Forward REBOUND FORWARD SIMPLE • Focus on Domestic Routes, and Selective International Routes Simple • Flight Planning Coordination With Citilink • Fleet Type Optimization • Optimizing BUMN Collaboration • Effective Organizational Development • Integra
Slide 10: Afterwards 2024
Implementation of new rental agreements with lessors AFTERWARDS 2024 Garuda Indonesia maintains compliance for the potential implementation of new lease commercial agreements with aircraft lessors Additional aircraft for regular flights, totaling 9 aircraft including 1 aircraft resulting from postpo
Slide 11: Operational & Financial FY 2023
OPERATIONAL & FINANCIAL FY 2023 10
Slide 12: The Group Financial in YTD Dec 2023
The Group Financial in YTD DEC 2023 The Group’s will continue optimize its revenue stream to maximize profitability inline with increasing demand on air travel OPERATING REVENUE OPERATING RESULT USD MILLION USD MILLION 2936,63 633,80 2233,25 2100,08 1395,78 224,86 602,99 107,25 -23,45 104,23 3M 2023
Slide 13: The Group's Operating Revenue Highlight
The Group’s Operating Revenue Highlight Scheduled Airlines Service Non Schedule Airlines USD million USD million 653,93 622,14 129,64 131,80 595,11 506,83 12,81 13,78 1Q 2023 2Q 2023 3Q 2023 4Q 2023 1Q 2023 2Q 2023 3Q 2023 4Q 2023 Others USD million 83,35 83,54 FY-19 FY 23 68,03 INDICATOR Recovery l
Slide 14: The Group's Operational Performance Highlight
The Group’s Operational Performance Highlight Passenger Carried Cargo Carried In million passenger +30.7% In Ton +11.3% 5,69 48.518 5,23 43.587 44.180 4,53 4,52 4,35 39.543 38.698 4Q 2022 3Q 2023 4Q 2023 4Q 2022 1Q 2023 2Q 2023 3Q 2023 4Q 2023 1Q 2023 2Q 2023 Available Seat Kilometer (ASK) In billio
Slide 15: The Group's Operating Expense Highlight
The Group’s Operating Expense Highlight FUEL BURN In Million Liter CASK (COST AVAILABLE SEAT KILOMETERS) USc 305,80 282,32 7.2 7.2 248,0 246,4 7.0 227,60 7.0 6.9 4Q 2022 1Q 2023 2Q 2023 3Q 2023 4Q 2023 4Q 2022 1Q 2023 2Q 2023 3Q 2023 4Q 2023 CASK EXC FUEL (COST AVAILABLE SEAT KILOMETERS EXC FUEL) US
Slide 16: Appendices
APPENDICES 15
Slide 17: Consolidated Operational Performance
Consolidated Operational Performance The Group took on board 19.98 Million Passengers, significantly increase 34.49% YoY (Currency in Million USD, except stated otherwise) INDICATOR DEC 2022 YOY NOV 2023 MOM DEC 2023 YTD DEC 2022YTD DEC 2023 YOY OPERATIONAL *Utilization (Hour) 07:16 00:30 07:51 -00:
Slide 18: Operational Performance (Domestic)
Operational Performance Domestic DEC 2022 YOY NOV 2023 MOM DEC 2023 YTD DEC 2022 YTD DEC 2023 YOY Passenger Carried (Million) 0,56 30,12% 0,67 9,85% 0,73 4,79 6,61 38,18% ASK (Billion) 0,74 21,23% 0,80 11,57% 0,90 6,55 8,90 35,78% Seat Load Factor (%) 80,62 3,61 pp 85,76 -1,53 pp 84,24 77,51 76,07 -
Slide 19: Operational Performance (Main Brand)
Operational Performance Main Brand DEC 2022 YOY NOV 2023 MOM DEC 2023 YTD DEC 2022 YTD DEC 2023 YOY Passenger Carried (Million) 0,68 36,09% 0,82 11,68% 0,92 5,56 8,29 49,13% ASK (Billion) 1,46 41,26% 1,82 13,74% 2,07 12,50 20,02 60,11% Seat Load Factor (%) 74,77 3,02 pp 75,72 2,07 pp 77,78 69,29 72,
Slide 20: Consolidated Statement of Profit (Loss)
Consolidated Statement of Profit (Loss) (Currency in million USD, except stated otherwise) INDICATOR 4Q 2022 1Q 2023 2Q 2023 3Q 2023 4Q 2023 % YoY 12M 2022 12M 2023 % YoY REVENUE A B C D Schedule Airline Service 533,04 506,83 595,11 622,14 653,93 22,68% 1.689,97 2.378,01 40,71% Non Schedule Airline
Slide 21: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position INDICATOR FY 2022 1Q 2023 *% Chg. 2Q 2023 **% Chg. 3Q 2023 ***% Chg. 4Q 2023 ****% Chg. ASSETS Current Assets 801,15 791,90 -1,15% 831,94 3,84% 825,43 3,03% 653,77 -18,40% Non current 5433,86 5394,02 -0,73% 5450,02 0,30% 5330,46 -1,90% 6.073,83 11,78% ass
Slide 22: Consolidated Statement of Cash Flow
Consolidated Statement of Cash Flow INDICATOR 4Q 2022 1Q 2023 2Q 2023 3Q 2023 4Q 2023 *% Chg. 12M 2022 12M 2023 **% Chg. CASH FLOWS Cash from operating activities -24,63 -24,15 114,97 22,87 105,16 -526,96% 261,35 218,85 -16,26% Cash from investing activities -140,89 -92,6 -58,44 -78,65 -86,77 -38,41
Slide 23: Garuda Indonesia Parent Only - Operating Revenue Rose by 55%
GARUDA INDONESIA PARENT ONLY - Operating Revenue from Parent Rose by 55% Currency in Million USD, except stated otherwise FINANCIAL INDICATORS FY-2023 *GROWTH (%) Operating Revenue 1,907.3 55.5% Operating Income 393.3 687.5% Net Income 220.5 -94.2% Assets 4,590.2 10.7% Liabilities 5,023.4 4.7% Equit
Slide 24: The Subsidiaries Revenue Contributed 42% of Total Group
The Subsidiaries Revenue approximately USD 1,392 Million, Contributed 42% of Total Group USD (Mio) USD (Mio) IDR (Bio) FINANCIAL INDICATORS FY-2023 Grw*% FY-2023 Grw*% FY-2023** Grw*% Operating Revenue 868.09 18.14 373.21 56.35 2,221.77 65.27 Operating Income 132.98 57.29 27.70 11.40 192.07 246.59 N
Slide 25: Thank You
THANK YOU PT Garuda Indonesia (Persero), Tbk GROWING WITH RESILIENCE READY TO FLY HIGHER
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