PT Bank Tabungan Negara (Persero) Tbk · IDX:BBTN

PT Bank Tabungan Negara (Persero) Tbk — H1 2012 Earnings Presentation

25 slides from PT Bank Tabungan Negara (Persero) Tbk's earnings presentation, Aug 14, 2012

  1. Slide 1: Analyst Meeting

    ANALYST MEETING PT Bank Tabungan Negara (Persero) Tbk. Business & Financial Performances as of 30 June 2012 Jakarta, 14 August 2012

  2. Slide 2: Disclaimer

    Disclaimer IMPORTANT: The following forms part of, and should be read in conjunction with, the other material in this presentation This presentation contains privileged information and has been prepared solely for the recipient(s). By accepting a copy (or the contents) of this presentation, you are

  3. Slide 3: Table of Contents

    Table of Contents 1 Balance Sheet Highlights 5 • Asset Composition 7 • Asset Quality 12 • Liability Composition 13 • Equity 14 2 Income Statement Highlights 15 3 Key Financial 20 4 Distribution Network 24 3

  4. Slide 4: Share Ownerships Composition

    Share Ownerships Composition Public Share Ownerships Domestic Foreign Ownership # of Shares % GOI 6.354.000.000 71.85% 40,30% 49,11% Public 2.489.583.000 28.15% 61,25% 60,63% 66,77% - Domestic 980.148.827 39.37% - Foreign 1.509.434.173 60.63% 59,70% Total 8.843.583.000 100.00% 50,89% 38,75% 39,37% 3

  5. Slide 5: Financial Highlights

    Financial Highlights FY 2010 FY 2011 Y.o.Y Q2 2011 Q2 2012 Y.o.Y Idr Billion Total Asset 68.386 89.121 30,32% 73.867 95.512 29,30% Total Loan & Financing Gross 51.550 63.564 23,31% 56.458 72.096 27,70% Total Deposits 47.546 61.970 30,34% 50.953 66.571 30,65% Equity 6.508 7.322 12,50% 6.654 7.733 16,

  6. Slide 6: Financial Highlights (balance sheet)

    Financial Highlights FY 2010 FY 2011 Y.o.Y Q2 2011 Q2 2012 Y.o.Y Idr Billion Total Assets 68.386 89.121 30,32% 73.867 95.512 29,30% Total Earning Assets 62.203 81.401 30,86% 66.922 86.333 29,00% - Term Deposit With BI 1.999 9.475 373,88% 2.013 5.460 171,21% - Loans and Financing 51.550 63.564 23,31%

  7. Slide 7: Asset Compositions

    Asset Compositions Total Assets (IDR tr) Assets Compositions (%) Non Earning Asset Earning Asset 9,34% 10,34% 9,73% 10,69% 10,61% 95,51 89,12 73,87 68,39 58,52 90,66% 89,66% 90,27% 90,60% 89,39% Des09 Des10 Dec11 Jun11 Jun12 Des09 Des10 Dec11 Jun11 Jun 12 Earning Asset Compositions (%) Term Deposit

  8. Slide 8: Loans Compositions

    Loans Compositions Dec-10 Dec-11 Jun11 Jun12 Loans Type Y.O.Y IDR Bio Komp IDR Bio Komp IDR Bio Komp IDR Bio Komp Housing Loans 46.881 90,95% 55.695 87,62% 50.550 89,54% 62.315 86,43% 23,27% Subsidized Mortgages 21.407 41,53% 25.593 40,26% 23.267 41,21% 25.195 34,95% 8,29% Non-Subsidized Mortgages 1

  9. Slide 9: Growth in Mortgages

    Growth in Mortgages Total Mortgages (IDR bn) Total outstanding mortgages is IDR 48,88 trillion 48.879 or USD 5,20 billion, represents 68% of total loans 44.007 40.134 & financing of IDR 72,09 trillion. 37.472 31.570 Mortgage portfolio comprises of (i) government- subsidized mortgages at 51% of our m

  10. Slide 10: New Loan & Financing Disbursement

    New Loan & Financing Disbursement 9,95 8,62 6,91 6,04 5,99 5,74 5,63 5,15 4,56 4,53 Q1 Q2 Q3 Q4 2010 2011 2012 2012 Loans Type FY 2011 Q1 Q2 IDR Bio Housing Loans 18.789 5.077 7.270 Subsidized Mortgages 5.896 189 496 Non-Subsidized Mortgages 5.340 2.891 3.603 Other Housing 1.540 463 739 Construction

  11. Slide 11: Asset Quality (1/2)

    Asset Quality (1/2) Gross NPL Net NPL 3,78% 4,45% 3,46% 2,75% 2,66% 3,36% 3,26% 2,75% 2,23% 2,42% Des09 Des10 Des11 Jun11 Jun12 Des09 Des10 Des11 Jun11 Jun12 Gross NPL Net NPL 2009 2010 2011 2012 2009 2010 2011 2012 4.45 4,20% 3.78 3,93% 3,55% 3,74% 3,37% 3,46% 3,35% 3,48% 3,26% 2,98% 2,66% 2,72% 2,

  12. Slide 12: Asset Quality (2/2)

    Asset Quality (2/2) Dec-09 Dec-10 Dec-11 Jun-11 Jun-12 Collectibility Rp. M Share Rp. M Share Rp. M Share Rp. M Share Rp. M Share Current 34.326 84,27% 41.674 80,84% 54.052 85,04% 45.023 79,75% 59.850 83,01% Special Mentioned 5.036 12,36% 8.195 15,90% 7.767 12,22% 8.921 15,80% 9.748 13,52% PL 39.362

  13. Slide 13: Liabilities Compositions

    Liabilities Compositions Total Liabilities (IDR tr) Total Funding (IDR tr) Third party Deposits Securities issued Deposits from Other Banks Repurchase Agreements 3,59 4,45 7,14 87,78 5,44 7,16 81,80 6,50 3,46 3,39 0,94 67,21 4,14 5,44 61,88 3,56 3,22 3,96 53,05 3,50 61,97 66,57 47,55 50,95 40,21 Des

  14. Slide 14: Equity Compositions

    Equity Compositions Total Equity (IDR tr) 2009 2010 2011 Q2 2011 Q2 2012 Tier - 1 Capital 5.231 5.739 6.584 6.237 7.057 Tier - 2 Capital 317 416 512 453 513 Capital on B/S 5.393 6.447 7.322 6.655 7.733 7,73 Securitization exposure 85 127 6,51 7,32 6,65 5,46 RWA - Credit Risk 25.358 33.283 40.940 36.

  15. Slide 15: Income Statement Highlights

    Income Statement Highlights FY-2010 FY-2011 Y.o.Y Q2 2011 Q2 2012 Y.o.Y Idr Billion Interest Income 6.650 7.788 17,11% 3.622 4.359 20,37% Interest Expense (3.292) (4.000) 21,52% (1.926) (2.084) 8,22% Net Interest Income 3.358 3.788 12,79% 1.696 2.276 34,15% Other Operating Income 526 574 9,03% 278 3

  16. Slide 16: Interest Income Composition

    Interest Income Composition in IDR Billion Dec10 Dec11 Jun11 Jun12 Y.o.Y Placement with Bank Indonesia 4 28 13 17 26,16% Placement with other bank 15 50 25 33 31,31% Securities 499 561 292 268 -8,37% Loan 5.834 6.733 3.102 3.775 21,70% Income from Syariah 298 416 189 267 40,95% Total 6.650 7.788 3.6

  17. Slide 17: Interest Expense Composition

    Interest Expense Composition in IDR Billion Dec10 Dec11 Jun11 Jun12 Y.o.Y Bank Indonesia 17 12 6 4 -25,13% Deposits from other Banks 105 29 22 3 -86,45% Deposits from Non Banks 2.347 2.935 1.427 1.493 4,57% Securities Issued 450 543 241 310 28,74% Fund Borowings 125 197 86 189 120,06% Others 247 284

  18. Slide 18: Other Operating Income Composition

    Other Operating Income Composition in IDR Billion Dec10 Dec11 Jun11 Jun12 Y.o.Y Mark to market 4 3 3 6 131,74% Gain 110 40 21 3 -87,84% Reversal on Provisions 40 51 28,52% Commissions & Provisions 5 8 3 4 48,70% Services & Admin Fee 406 522 212 242 13,87% Total 526 574 278 305 9,72% 0,84% 2,03% 28,5

  19. Slide 19: Other Operating Expense Composition

    Other Operating Expense Composition in IDR Billion Dec10 Dec11 Jun11 Jun12 Y.o.Y 0,21% 0,22% 0,03% Provisions 352 109 104 62 -40,75% 3,96% 0,07% 3,68% Salaries & employee Benefit 763 893 429 523 21,91% 3,94% 0,13% Electricity, Telp & Office supp. 580 605 369 509 38,09% Rent, Service & Maintenance 25

  20. Slide 20: Key Financials

    Key Financials Net Interest Margin Net Income (IDR Bn) 5,99% 5,89% 1.119 5,75% 5,37% 4,65% 916 659 490 472 Des09 Des10 Des11 Jun11 Jun12 Des09 Des10 Des11 Jun11 Jun12 Cost to Income Ratio • NIM increased by 5.89% as of 30 June 2012, compare to 5.37% as of 30 June 2011. 68,69% • The lower NIM in 2009

  21. Slide 21: Key Financials (cont'd)

    Key Financials (cont’d) ROA1– before tax ROA2 – after tax 1,50% 1,49% 1,46% 2,05% 1,98% 1,33% 2,03% 1,82% 1,47% 0,99% Des09 Des10 Des11 Jun11 Jun12 Des09 Des10 Des11 Jun11 Jun12 ROE3 – tier 1 capital ROE4 – balance sheet 18,23% 18,43% 17,65% 17,04% 16,56% 15,06% 14,14% 14,07% 15,28% 12,88% Des09 Des

  22. Slide 22: Key Financials (cont'd)

    Key Financials (cont’d) Loan-to-Deposit Ratio Loan-to-Funding Ratio 110,79% 92,98% 108,42% 108,30% 87,13% 85,37% 80,60% 81,12% 101,29% 102,57% Des09 Des10 Des11 Jun11 Jun12 Des09 Des10 Des11 Jun11 Jun12  Formula from Bank Indonesia only takes  Loan to Funding Ratio which includes all into account

  23. Slide 23: Sharia Business

    Sharia Business Sharia Assets (IDR bn) ► BTN’s Sharia business was established in 2004. Total asset run by Sharia Unit as of 30 Jun 2012 6.271 was IDR 6.27 Trillion. 5.076 ► As of 30 Jun 2012, BTN has 43 Sharia branches 4.152 3.402 and 238 Sharia channeling outlets across 2.256 Indonesia. We plan to

  24. Slide 24: Distribution Network & Customer Base

    Distribution Network & Customer Base BTN has a large customer base, with 1.2 million loan accounts and 5 million deposit accounts Column1 2008 2009 2010 2011 Q2 2012 Office Regional Offices - - 1 2 2 Branches 60 61 63 65 65 Sub Branches 182 204 214 218 218 Cash Outlets - - 111 316 367 Sharia Branche

  25. Slide 25: Thank You

    THANK YOU ________________ Investor Relations PT Bank Tabungan Negara (Persero) Tbk Menara BTN Lt. 20 - Jl Gajah Mada No. 1 Jakarta Pusat 10130 Telp : +62 21 63870142 / +62 21 63870107 Facs: +62 21 63870104 Email : investor_ relations@btn.co.id Website : www.btn.co.id 25

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