Pt Bakrie & Brothers Tbk Class A · IDX:BNBR
Pt Bakrie & Brothers Tbk Class A — 6M 2022 Earnings Presentation
24 slides from Pt Bakrie & Brothers Tbk Class A's earnings presentation, Sep 1, 2022
Slide 1: Bakrie & Brothers Management Presentation June 2022
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Slide 2: Agenda
• Financial Update • BNBR Business • Growth Strategy • Strategic Initiatives • Appendix MANAGEMENT PRESENTATION
Slide 3: Financial Update
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Slide 4: Group structure and business units
Steel Structure Fabrication Building Materials Infrastructure Projects Steel Pipes Steel Structure Automotive Electric Vehicle Cimanggis Kalimantan IT & Telco Power Plant Manufacturing Fabrication Components Cibitung Toll Jawa Gas Infrastructure Road *consolidated into BMI since November 23, 2018 **
Slide 5: Profit & Loss Summary - Consolidated
Profit & Loss Summary - Consolidated REVENUE PROFIT (LOSS) NET EBITDA 1,294 1,039 Rp billion Rp billion Rp billion 70 25 -43 -98 6M21 6M22 6M21 6M22 6M21 6M22 • Revenue increased by 24% at • The Company booked net loss • EBITDA was recorded the first six months of 2022 if at the first six months of
Slide 6: Balance Sheet Summary
Balance Sheet Summary EQUITY TOTAL ASSET 16.44 15.24 Rp trillion Rp trillion 1.32 1.33 YE21 6M22 YE21 6M22 • Asset increased at the first semester of • Equity is relatively stable in the period of 2022 due to increase of short term first six months y-o-y. investments and trade receivables of third p
Slide 7: Parent Only: Total Loan and Total Debt
Parent Only TOTAL LOAN TOTAL DEBT RUPIAH AND US DOLLAR 35 791 752 14 342 US$ million Rp billion Rp billion 246 10,968 12,053 YE21 6M22 YE21 6M22 YE21 6M22 Short Term Loan Long Term Loan MANAGEMENT PRESENTATION
Slide 8: Parent Only debt restructuring
Parent Only • Company’s effort to revitalize its balance sheet has shown positive signs. • Company will continue its debt restructuring efforts with remaining creditors 2019 In Rp billion 2016 2017 2018 - Total 2022 Debt restructuring done through Non Preemptive Rights Issue (NPR) 990 1,037 9,384 11
Slide 9: BNBR Business
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Slide 10: Business units overview
• The pioneer in grey & ductile • Has extensive experience as • Specializing in steel fabrication • Bakrie Power has the capacity of casting iron products for OEM producer of fiber-cement and civil engineering services to developing power plants, automotive components in products for domestic and di
Slide 11: Product: automotive components
84,407 75,293 62,549 28,132 45,279 20,190 18,713 11,096 11,432 -79,348 2018 2019 2020 2021 6M 2022 2018 2019 2020 2021 6M 2022 *not including sales from BMC which is counted per piece Product Prospect • OEM supplier for automotive components. • In 2021 sales of motor vehicles increased by 66.6% thus
Slide 12: Product: prefabricated houses and logistics
8,975 6,692 6,280 4,673 -8,434 -4,412 -5,549 1,035 1,242 -15,656 2018 2019 2020 2021 6M 2022 2018 2019 2020 2021 6M 2022 *not including sales from distribution and logistic services Product Prospect • Prefabricated house products and distribution and logistics • In 2021 growth rate of property loans
Slide 13: Product: steel structures and pipes
104,374 268,533 103,525 216,923 80,925 67,069 118,870 27,212 19,197 19,828 2018 2019 2020 2021 6M 2022 2018 2019 2020 2021 6M 2022 *tidak menampilkan produksi struktur pipa baja sektor migas yang diperhitungkan dengan satuan man-hour Product Prospect • Services for steel construction, EPC, and a pro
Slide 14: Growth Strategy
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Slide 15: Growth strategy by business unit
• Increase of production capacity utilization. • Expand further into production of passenger vehicle components and after sales market. • Increase of non-automotive segment. • Development of electric vehicles for usage in DKI Jakarta, Central Java, East Java, and Bali. • Shifting of business from ma
Slide 16: Strategic Initiatives
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Slide 17: Kalija Pipeline Bontang - Banjarmasin
Kalija Pipeline Bontang - Banjarmasin • Feasibility Studies had been conducted for the pipe line between Bontang to Banjarmasin including additional line to new capital city, several industrial estates, and new factories along the route. • Several MOU has been signed by Shipper and Off-taker. • The
Slide 18: Cimanggis-Cibitung Toll Road
Cimanggis-Cibitung Toll Road • Collaborating with PT Waskita Toll Road (a subsidiary of PT Waskita Karya Tbk). • This toll road has started operating on November 10, 2020, starting with Section I (Junction Cimanggis - On / Off Ramp Jatikarya) and is connected to the Cinere-Jagorawi toll road and Jag
Slide 19: PT Multi Kontrol Nusantara
PT Multi Kontrol Nusantara • Focusing on information technology and telecommunication infrastructure. • Has been appointed as one of contractors for Palapa Ring project, a project of Government of Indonesia to develop infrastructure network of telecommunication and internet across Indonesia. • Start
Slide 20: Business unit experience and focus
• Over 40 years of experience in forging and casting. • One of the pioneers of EV in Indonesia. • Producers of automotive components for OEMs. • Business focus on Heavy eMobility . • Caters mostly to ICE (Internal Combustion Engine) • Owner of leading EV brands with industrial commercial vehicles. i
Slide 21: Appendix
MANAGEMENT PRESENTATION
Slide 22: Company history and milestones
• The Cimanggis-Cibitung • BNBR completed Toll Road Project revitalization, continues the land including quasi acquisition and reorganization. completes phase 1 construction. • The Bakrie Group • The Plus-Bakrie- formed a strategic • The first phase of the Global consortium partnership with Kalija p
Slide 23: Disclaimer
Disclaimer: This presentation has been prepared by PT Bakrie & Brothers Tbk (the "Company") and is only for the information of its investors. None of the information appearing in this presentation may be distributed to the press or other media or reproduced or redistributed in whole or in part in an
Slide 24: Investor relations contacts
Kartini Sally – Chief Investment Officer ( kartini.sally@bakrie.co.id ) Andini Aritonang – Investor Relations Senior Manager ( andini.aritonang@bakrie.co.id )