PT Jasa Marga (Persero) Tbk Class B · IDX:JSMR
PT Jasa Marga (Persero) Tbk Class B — Q1 2022 Earnings Presentation
23 slides from PT Jasa Marga (Persero) Tbk Class B's earnings presentation, May 2022
Slide 1: Jasa Marga Update 1Q2022
Jasa Marga Update 1Q2022olders Meeting 1 August 2019
Slide 2: Company Overview
G) JASAMARGA Company Overview
Slide 3: Company Highlights
Company Highlights Brief Snapshot Company Highlights • Leading toll road operator in Indonesia with more than 40 years of • Largest toll road operator in Indonesia with 65.5% market share in experience. term of operated commercial toll roads lengths (± 1,260 km). • 35 toll road concessions with tota
Slide 4: Company Key Development Milestone
Company Key Development Milestone ✓Government offered the opportunities ✓Jasa Marga was established with for the private sector to participate in focus on business management, toll road business through Build, maintenance and procurement of Jasa Marga became a public Operate and Transfer (BOT) syste
Slide 5: Company Structure & Business Line Jasa Marga's Group
Company Structure & Business Line Jasa Marga’s Group Jasa Marga has 13 concession of toll roads which operated by Branches (mature toll roads) and 22 concession of toll roads which operated through subsidiaries. Jasa Marga has 3 Other Subsidiaries to support toll road operations and 1 Subsidiary whi
Slide 6: Jasa Marga's Toll Road Network
Jasa Marga’s Toll Road Network Jasa Marga has 35 toll road concession (1,809 km) and operates 1,260 km of operating toll roads. Jasa Marga business are across Indonesia, where most of the toll roads already connected and create a positive impact of connectivity which are traffic and toll revenue gro
Slide 7: Strong Corporate Governance and Highly Qualified Management Team
Strong Corporate Governance and Highly Qualified Management Team Experience management with over 20 years of experience, deep understanding on the industry/sector, and long-term relationship with stakeholders. Subakti Syukur – President Director • Indonesia citizen, 59 years old, appointed through A
Slide 8: Industry Overview
G) JASAMARGA Industry Overview
Slide 9: Overview of the Indonesian Toll Regulation
Overview of the Indonesian Toll Regulation Advantages of Highly Regulated Industry • Certainty of tariff increase every two years according to regulation • The timing of the land acquisition process is faster, if any dispute is decided by the court • Potential for efficiency from cashless transactio
Slide 10: Environment in Toll Road Industry
Environment in Toll Road Industry Commercially Long-Term Land Acquisition Feasible Project Contract Since 2016 as fully implemented the Law of land acquisition, the progress of land To ensure the project has adequate The concession of toll road is around acquisition has increased. return to attract
Slide 11: Company Update
G) JASAMARGA Company Update
Slide 12: Leading Toll Road Industry
Leading Toll Road Industry Market Share Operated Toll Road 1,809 km Accumulated Toll Road Concession PT Astra Tol Nusantara 10% CMNP 2% ± 1,260 km Accumulated Toll Road in Operation WSKT 11% JSMR 51% 206.65 km PT Hutama Karya Additional Commercial Toll Road 23% Consession in 2022 • Gedebage-Tasikmal
Slide 13: Financial Highlight
Financial Highlight In 1Q2022, in line with the improvement of Covid-19 conditions in Indonesia and the operation of new toll roads, JSMR managed to improve its business performance by recording a net profit of Rp392.8 billion, which was reflected in an increase in revenue and EBITDA. JSMR was able
Slide 14: Jasa Marga's Toll Road Projects
Jasa Marga’s Toll Road Projects Jasa Marga has 13 mature toll road concessions which have steady cash flow to support 22 new toll road concessions under subsidiaries by issuing several alternative financing products. Funding Structure Equity 30% Bank Loan at Subsidiary Level 70% Historical Cash Cape
Slide 15: Upcoming Project: Greater Jakarta Projects
Jasa Marga’s Upcoming Project: Greater Jakarta 2 projects Serpong – Cinere (10.14 km) Progress Land Acquisition: 99.67% Progress Construction: 100% Jakarta-Cikampek II Selatan (64 km) Progress Land Acquisition: 59.71% Progress Construction: 31.51% Partially Operated In Land Acquisition and Construct
Slide 16: Upcoming Project: Java Projects
Jasa Marga’s Upcoming Project: Java 3 Projects Ngawi – Kertosono – Kediri (114.92 km) JAKARTA Progress Land Acquisition (Wilangan-Kertosono): 0% Progress Construction (Wilangan-Kertosono): 0% BANDUNG SURABAYA Probolinggo-Banyuwangi (172.91 km)* Progress Land Acquisition: 35.73% Progress Construction
Slide 17: Appendix
G) JASAMARGA Appendix
Slide 18: Toll Revenue by Branch/Subsidiary
Toll Revenue by Branch/Subsidiary (Rp Billion) Notes : (1) Deconsolidated since 1H2017 (2) Deconsolidated since Q3 2018 (3) Deconsolidated since 1H 2019 (4) Deconsolidated since 1H2021 (5) Deconsolidated since Q4 2021 PRIVATE AND CONFIDENTIAL 18
Slide 19: Transaction Volume by Section
Transaction Volume by Section (Million vehicle transactions) *The impact of removal some toll gates due to changes of transaction system from closed system to open system PRIVATE AND CONFIDENTIAL 19
Slide 20: Financial Highlight: Income Statement
Financial Highlight: Income Statement (Rp Billion) PRIVATE AND CONFIDENTIAL 20
Slide 21: Financial Highlight: Balance Sheet
Financial Highlight: Balance Sheet (Rp Billion) PRIVATE AND CONFIDENTIAL 21
Slide 22: Disclaimer
Disclaimer By attending this presentation, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these restrictions may constitute a violation of applicable laws. The information and opinions contained in this presentation are intended solely for your personal re
Slide 23: Thank You
Thank You PT Jasa Marga (Persero) Tbk Plaza Tol Taman Mini Indonesia Indah Jakarta 13550 - Indonesia Phone. +62 21-8413526, 8413630 Fax. +62 21-8401533, 8413540 Email. investor.relations@jasamarga.co.id www.jasamarga.com
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