PT Indocement Tunggal Prakarsa Tbk · IDX:INTP
PT Indocement Tunggal Prakarsa Tbk — Investor Summit 2010
30 slides from PT Indocement Tunggal Prakarsa Tbk's conference presentation, Nov 10, 2010
Slide 1: Investor Summit 2010
INVESTOR SUMMIT 2010 The Ritz-Carlton Pacific Place, Jakarta 10 November 2010
Slide 2: Today's Agenda
Today’s Agenda Company Overview Industry Overview Marketing & Financial Review Outlook Corporate Social Responsibility Awards Q&A Investor Summit 2010 – 10 November 2010 2
Slide 3: Indocement History
Indocement History PT Indocement Tunggal Prakarsa (“Indocement”) 1985 incorporated following merger of 6 companies owning 8 cement plants Public listing of Indocement on the Indonesia Stock 1989 Exchange Acquired plant 9 in Palimanan 1991 Completed Surabaya cement terminal Started Ready-Mi
Slide 4: Indocement Today
Indocement Today Leading Indonesian Producer of Quality & Specialty Cement Products • 2nd largest cement manufacturer in Indonesia, listed on the Indonesia Stock Exchange • Integrated cement operations with a total current production capacity of 18.6 mio tons • Diversified product range including •
Slide 5: Indocement's Board
Indocement’s Board Board of Commissioners Dr. Albert Scheuer Dr. Lorenz Naeger Dr. Bernd Scheifele Daniel Gauthier President Commissioner Commissioner Commissioner Commissioner Sudwikatmono I Nyoman Tjager Sri Prakash VP Commissioner, VP Commissioner, Independent Independent Independent Commissioner
Slide 6: Indocement's Business Divisions
Indocement’s Business Divisions Cement is the Core Division Comprising Over 95% of Sales INDOCEMENT Cement RMC AGGREGATE Others • Citeureup - • PT Dian Abadi Perkasa – • PT Indomix Perkasa – 5 • PT Gunung Tua 99.9% (Cement Trading) 9 Plants Mandiri - 51% Plants (Capacity : 330 • PT Multi Bangun Gala
Slide 7: Indocement Plant Locations and Major Terminals
Indocement Plant Locations and Major Terminals Tj. Priok Terminal Tarjun Factory 1 plants with production Semarang Terminal capacity of 2.6 mt Citeureup Factory 9 plants with production capacity Palimanan Factory of 11.9 mt 2 plants with production Surabaya Terminal Lombok Terminal capacity of 4.1 m
Slide 8: Today's Agenda
Today’s Agenda Company Overview Industry Overview Marketing & Financial Review Outlook Corporate Social Responsibility Awards Q&A Investor Summit 2010 – 10 November 2010 8
Slide 9: Indonesia - Geography of Cement Factory
Indonesia - Geography of Cement Factory • 1.9 Mio Km2 – 17,000 Islands 1,3MT • Wider than U.S.A 5,4MT 3,9MT 1,2MT 18,6MT 3,0MT 8,7MT 8,5MT Source: ASI booklet (updated) ITP 0,57MT SG SP ST HI Others • Total current national cement capacity is about 49 mt • Java market is about 55% of total national
Slide 10: The Lowest Cement Consumption Per Capita In The Regional Market
The Lowest Cement Consumption Per Capita In The Regional Market Kg/capita 1,000 941 900 791 800 700 584 600 500 392 400 300 167 144 200 129 100 - SI CH ML TH ID PH IN Source: Deutsche Bank Investor Summit 2010 – 10 November 2010 10
Slide 11: Today's Agenda
Today’s Agenda Company Overview Industry Overview Marketing & Financial Review Outlook Corporate Social Responsibility Awards Q&A Investor Summit 2010 – 10 November 2010 11
Slide 12: Current Trading
Current Trading Indocement Sales Volumes Comparison Market Share 31.7% 30.9% 31.1% 30.6% 30.2% 29.7% 29.7% 12.3 mt 11.8 mt 10.7 mt 9.6 mt 10.0 mt 9.4 mt 8.3 mt 3.8 mt 3.2 mt 2.5 mt 2.3 mt 1.6 mt 1.2 mt 0.8 mt 2005 2006 2007 2008 2009 Q3 2009 Q3 2010 Domestic Export • Total sales volume were 10.3 mil
Slide 13: Ready Mix Expansion
Ready Mix Expansion The trend of a stronger residential market than the infrastructure or high-rise building in the big cities Expect some higher proportion of bulk cement (about 25~30%) after the Governmental infrastructure projects are executed Investor Summit 2010 – 10 November 2010 13
Slide 14: Domestic Consumption Growth per region – YTD September '10
Domestic Consumption Growth per region – YTD September ‘10 Market Growth: 10-15% 15-20% 5-10% >20% <5% • Despite slightly lower demand in fasting period, the market still continuing its growth following economy recovery. • Indocement’s strategy by setting foothold outside core market given successfu
Slide 15: Financial Results Q3 2010
Financial Results Q3 2010 Consolidated Income Statement Q3 2010 Q3 2009 Change Comments Sales Volume (k Tons) 10,207 9,454 8% Domestic sales volume growth by 13.5% while export sales volume lower by 30.7% Net Revenues 8,108 7,424 9% Mainly contribute from higher domestic sales volume due to company
Slide 16: Financial Results Q3 2010
Financial Results Q3 2010 Consolidated Balance Sheet & Financial Highlights Q3 2010 Q3 2009 Comments Bio IDR Significant increase in cash & cash equivalent Current Assets 6,278.0 4,224.9 balance due to continuing strong free operating cash flow Mainly related to increase of capital Non Current Asset
Slide 17: Today's Agenda
Today’s Agenda Company Overview Industry Overview Marketing & Financial Review Outlook Corporate Social Responsibility Awards Q&A Investor Summit 2010 – 10 November 2010 17
Slide 18: Capex Plan Strategy
Capex Plan Strategy Strategically Positioned to Capitalize On 2010 Demand and Beyond Two new cement mills in Cirebon with 1.5 million tons of cement capacity already start to run in operation by end of August 2010 with total investment costs about USD35mio Future Plan: Under final study addition
Slide 19: Investments in Our Vertical Integration Strategy
Investments in Our “Vertical Integration Strategy” Aggregates: • In December 2009, Indocement had completed 100% owned of PT Mandiri Sejahtera Sentra (MSS) quarry with 0.5 MT p.a. existing capacity and total of about 90 MT reserve in Purwakarta – West Java • The acquisition had leaded Indocement as
Slide 20: Today's Agenda
Today’s Agenda Company Overview Industry Overview Marketing & Financial Review Outlook Corporate Social Responsibility Awards Q&A Investor Summit 2010 – 10 November 2010 20
Slide 21: Synergized CSR Activities with Plant Operations
Synergized CSR Activities with Plant Operations • Indocement CSR objective around 5 Pillars, which cover education-health- economic-social, culture, religion and sport-security. • The Jatropha plantation programs - to generate renewable energy and provide additional income for the communities living
Slide 22: Corporate Social Responsibility
Corporate Social Responsibility Community Development Programs (5 Pillars) Investor Summit 2010 – 10 November 2010 22
Slide 23: Corporate Social Responsibility
Corporate Social Responsibility Sustainable Development Programs BIOGAS Investor Summit 2010 – 10 November 2010 23
Slide 24: Today's Agenda
Today’s Agenda Company Overview Industry Overview Marketing & Financial Review Outlook Corporate Social Responsibility Awards Q&A Investor Summit 2010 – 10 November 2010 24
Slide 25: Awards 2009
Awards 2009 15 January 2009: The Best 4 in Corporate Governance Awards 2008 for Indonesia companies - The Asset, Hongkong. 23 February 2009: Indocement obtained Gold Award and 1st Best Award in “Indonesian CSR Awards 2008” and Indocement HR Director, Kuky Permana, succeeded in obtaining 1st Best
Slide 26: Awards 2009
Awards 2009 15 October 2009: - Gold Rating (Citeureup factory) & Green Rating (Palimanan factory) for PROPER 2008-2009 from Ministry of Environment of the Republic Indonesia Investor Summit 2010 – 10 November 2010 26
Slide 27: Awards 2010
Awards 2010 25 March 2010 - "The Best Implementation of Management System of Work, Safety and Health (SMK3)" for the category of Manufacturing Organization – Indocement Tarjun Factory 15 May 2010 - Indocement Tarjun Factory is awarded “The Best I Local Taxpayer for Kotabaru Regency” – Indocement
Slide 28: Awards 2010
Awards 2010 21 July 2010 - ”Top 7 Best Managed Companies in Indonesia 2010” ”Top 5 Best Corporate Governance in Indonesia 2010” ”Top 7 Best Investor Relations in Indonesia 2010” 3 August 2010 - Indocement reaches the first place at SGS Annual Quality Award for Corporate Responsibility to Society
Slide 29: Today's Agenda
Today’s Agenda Company Overview Industry Overview Marketing & Financial Review Outlook Corporate Social Responsibility Awards Q&A Investor Summit 2010 – 10 November 2010 29
Slide 30: Thank You
Thank You Investor Summit 2010 – 10 November 2010 30
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