Pt Bukit Asam (persero) Tbk · IDX:PTBA
Pt Bukit Asam (persero) Tbk — PT Bukit Asam — Q1 2021 Earnings Presentation
19 slides from Pt Bukit Asam (persero) Tbk's earnings presentation, 2021
Slide 1: PT Bukit Asam Tbk Corporate Presentation 1Q2021
PT BUKIT ASAM Tbk CORPORATE PRESENTATION 1Q2021
Slide 2: Agenda: Economic Outlook
• Economic Outlook • Company Overview • Performance 1Q2021 • Business Strategy and Update on Key Projects 2
Slide 3: Global Economic Update
Global Economic Update The World Bank was funded $2.0 IMF projected the billion for global economic vaccinating of 17 growth to 6% in 2021. developing countries • The US economic The euro strengthened to Bank of Japan left growth will be $1.21 per US its 10-year bond expected to 6.4% • China Dollar
Slide 4: Indonesia Economic Update
Indonesia Economic Update Consumer Electricity Export grew Exchange rate The inflation The Board of Broad Money Incentive of Confidence consumption in double Rp14,481 per estimated in Governors Development sales tax on Index for in March digits, US Dollar as April 2021 is Meeting of (M2) in March lu
Slide 5: Company Overview
• Economic Outlook • Company Overview • Performance 1Q2021 • Business Strategy and Update on Key Projects 5
Slide 6: Corporate Structure and Group Overview
Corporate Structure and Group Overview PT Indonesia Asahan Aluminium (Persero) owns ~65,93% of total shares The Subsidiaries and Indirect Subsidiaries Mining Trading Power Logistics Gas Investment Others Mining Power Gas Others Trading Logistics Investment PTBA continues to diversify its source of
Slide 7: PTBA Among Peers FY2020
PTBA Among Peers FY2020 (2) Coal Production Production CAGR (million ton) (%) 37% 33% 54.5 33.0 33.5 6% 30.2 24.8 1% 1% 18.4 -8% ITMG PTBA Bayan Indika Golden Adaro ITMG Adaro Indika PTBA Bayan Golden Energy Energy Energy Energy EBITDA Margin Weighted Average Stripping Ratio (%) (x) 10.1x 35% 25% 26
Slide 8: Actions Taken by PTBA to Mitigate The Covid-19 Outbreak
Actions Taken by PTBA to Mitigate The Covid-19 Outbreak Personal Protective Equipment Transportation Medic Information Technology Activities IDR 27.13 Billion 3 Total Fund Realization on Covid up to March 31st, 2021 8
Slide 9: Performance 1Q2021
• Economic Outlook • Company Overview • Performance 1Q2021 • Business Strategy and Update on Key Projects 9
Slide 10: Key Performance Highlights
Key Performance Highlights FY2021 E 1Q2021 1Q2020 YoY (% change) Sales Volume (Mt) 30.7 5.9 6.8 -13.9 Production Volume (Mt) 29.5 4.5 5.5 -18.6 Railway Volume (Mt) 28.2 5.3 6.5 -18.8 Revenue (IDR Billion) N.A 3,995 5,122 -22.0 Net Profit (IDR Billion)* N.A 501 903 -44.6 Weighted Average 669,892 737,
Slide 11: Key Operation Highlights
Key Operation Highlights Production and Sales Production Sales Railways (million ton) (million ton) 29.1 27.8 26.4 26.1 24.2 23.8 24.7 24.8 22.7 6.8 5.9 6.5 5.5 4.5 5.3 FY2018 FY2019 FY2020 1Q2020 1Q2021 FY2018 FY2019 FY2020 1Q2020 1Q2021 Weighted Average Stripping Ratio Sales Breakdown by Country (
Slide 12: Key Financial Highlights
Key Financial Highlights Revenue and Growth Gross Profit and Margins 8.7% 2.9% -20.5% -4.0% - 22.0% 40.4% 34.9% 26.4% 29.8% 25.5% 21,167 21,788 8,546 17,325 7,612 5,122 4,566 3,995 1,525 1,018 FY2018 FY2019 FY2020 1Q2020 1Q2021 FY2018 FY2019 FY2020 1Q2020 1Q2021 Gross Profit (IDR billion) Gross Prof
Slide 13: Key Financial Highlights (cont.)
Key Financial Highlights (cont.) EBITDA and Total Debt (1)/ EBITDA Ratio Minimal Debt (1) with Overall Net Cash Position (2) (IDR billion) (4) 0.1x 0.1x 0.1x 0.1x 5,469 4,126 3,918 4,208 7,582 6,301 6,391 4,757 4,433 4,341 4,381 832 886 631 423 225 FY2018 FY2019 FY2020 1Q2021 FY2018 FY2019 FY2020 1Q
Slide 14: Business Strategy and Update on Key Projects
• Economic Outlook • Company Overview • Performance 1Q2021 • Business Strategy and Update on Key Projects 14
Slide 15: PTBA's Strategic Focus
PTBA’s Strategic Focus Coal Transportation Expansion • Expansion of existing Coal Railway capacity • Development of alternative coal transportation options Power Plant • Minemouth Coal Power Plant Towards world class energy • Coal Power Plant to support Mining Industry company and beyond coal • Othe
Slide 16: PTBA's Strategic Focus: Coal Transportation Expansion
PTBA’s Strategic Focus • Tanjung Enim - Kertapati upgraded to 5 million ton in Q1 Expansion of 2020, and up to 7 million ton in Q3 2021 existing 1 capacity • Tanjung Enim - Tarahan-1 upgraded to 25 million ton in Q3 2021 Coal Transportation Expansion • Tanjung Enim - Kramasan 20 million ton / year E
Slide 17: PTBA's Strategic Focus: Power Plant Development
PTBA’s Strategic Focus • The Biggest Mine Mouth-Coal Fire Power Plant in 2 Mine Mouth Indonesia 2 x 620 MW CFPP Sumsel-8 • Construction progress 75,61% as of March 2021 and COD in Q1-2022 Power Plant Development • Rooftop PV 241 KWp in AOCC (AirPort Control Operation Rooftop PV Center) building Soek
Slide 18: PTBA's Strategic Focus: Coal Downstream Development
PTBA’s Strategic Focus • 6 million ton coal to 1,4 million ton DME 3 (PTBA - Pertamina - Air Products) Coal to DME • Commercial Operations Date Q2 - 2024 Coal Downstream Development Other coal In the development stage of potential for other coal downstream downstream development development 18
Slide 19: Thank You
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