Pt Garuda Indonesia (persero) Tbk Class B · IDX:GIAA

Pt Garuda Indonesia (persero) Tbk Class B — Q2 2018 Earnings Presentation

20 slides from Pt Garuda Indonesia (persero) Tbk Class B's earnings presentation, Jul 30, 2018

  1. Slide 1: Analyst Meeting Q2/2018 - Corporate Performance

    Jakarta, 30 July 2018 Analyst Meeting Q2/2018 - Corporate Performance

  2. Slide 2: Shares Information

    Shares Information GIAA IJ Equity - Last Price (R1) 242 JCI Index - Last Price (L1) 5,799.237 500 6,500 450 6,000 400 5,799 350 5,500 300 5,000 250 242 JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN 2016 2017 2018 PT Garuda Indonesia (Persero) Tbk

  3. Slide 3: Significant Improvement on Financial and Maintaining the Operational Performance

    Significant Improvement on Financial and Maintaining the Operational Performance Value-Driven Aviation Group, Bringing Indonesian Hospitality to the World (US$3.5 Billion) Shareholder Customer Process Employee Maximize group value for better by delivering excellent while implementing cost and by eng

  4. Slide 4: Good Progress on Strategic Themes

    Good Progress on 5 Strategic Themes STRATEGIC 1st Half 1st Half THEMES Key Indicator 2017 2018 1 Consolidate Re-negotiate contract to lessor - 2 contracts & Optimize & manufactures Strategic Asset Improve fleet utilization 9:26 9:40 Reduce the number of routes with negative result* 22 routes 11 rout

  5. Slide 5: Operating Revenues Increased by 5.9% YoY; Cut Losses by 59.8% YoY

    Operating Revenues Increased by 5.9% YoY; Cut Losses by 59.8% YoY (currency in million USD, except stated otherwise) INDICATOR Q2/2017 Q1/2018 Q2/2018 % YoY 1H/2017 1H/2018 % YoY REVENUE EBITDAR 196.5 231.5 256.5 30.5 377.3 488.8 29.5 Scheduled Airline Service 853.8 828.5 875.3 2.5 1,636.0 1,703.8 4

  6. Slide 6: Passenger and Revenue are Significantly Improved

    Passenger and Revenue are Significantly Improved INDICATOR Q2/2017 Q1/2018 Q2/2018 % YoY 1H/2017 1H/2018 % YoY OPERATIONAL Utilization* (Hour) 9:32 9:41 9:39 0:07 9:26 9:40 0:14 On-Time Performance* (%) 85.0 88.8 89.4 4.4 pp 85.8 89.0 3.2 pp ASK (Billion) 15.8 16.4 16.7 5.7 31.6 33.0 4.6 Seat Load F

  7. Slide 7: External Issues Including Macro Affect the Operational Performance

    External Issues Including Macro Affect the Operational Performance INDICATOR Q2/2017 Q1/2018 Q2/2018 % YoY 1H/2017 1H/2018 % YoY DOMESTIC Passenger Carried (Million) 4.6 4.4 4.8 4.3 9.1 9.3 1.8 ASK (Billion) 5.7 5.6 5.7 (0.0) 11.4 11.3 (0.8) Seat Load Factor (%) 70.6 69.7 74.3 3.7 pp 69.7 72.1 2.4 p

  8. Slide 8: Citilink Grabs the Volume & Improves Passenger Revenue

    Citilink Grabs the Volume & Improves Passenger Revenue INDICATOR Q2/2017 Q1/2018 Q2/2018 % YoY 1H/2017 1H/2018 % YoY GARUDA INDONESIA Passenger Carried (Million) 5.9 5.6 6.0 2.2 11.7 11.7 0.0 ASK (Billion) 12.8 13.0 13.0 1.5 25.9 26.0 0.5 Seat Load Factor (%) 72.9 70.2 71.6 (1.3) pp 72.5 70.9 (1.6)

  9. Slide 9: The Operating Expenses Hikes is Below The Revenues Raises

    The Operating Expenses Hikes is Below The Revenues Raises (currency in million USD, except stated otherwise) INDICATOR 2Q/17 1Q/18 2Q/18 % YoY PoC 1H/17 1H/18 % YoY PoC Fuel 278.8 316.0 323.8 16.1 30.6 571.1 639.7 12.0 30.4 Rental 259.8 260.1 257.0 (1.1) 24.3 517.2 517.1 (0.0) 24.5 Maintenance 100.3

  10. Slide 10: Fleet Structure

    Fleet Structure AIRCRAFT DEC JUN TARGET TYPE 2017 2018 2018 Boeing 777-300ER 10 10 - 10 10 Boeing 747-200 2 2 2 - 2 Airbus A330-200 7 7 - 7 7 Airbus A330-300 17 17 6 11 17 Wide Body 36 36 8 28 36 Utilization 10:54 11:27 Boeing 737 MAX 8 1 1 - 1 1 Boeing 737-800NG 73 73 - 73 73 CRJ1000 NextGen 18 18

  11. Slide 11: Debt Ratio Improves due to EBITDAR Improvement 29.5% YoY

    Debt Ratio Improves due to EBITDAR Improvement 29.5% YoY (currency in million USD, except stated otherwise) INDICATOR FY/2017 1Q/2018 % Chg. 2Q/2018 % Chg. ASSET Current Assets 986.7 1,050.8 6.5 1,047.1 6.1 Non Current Assets 2,776.6 2,901.8 4.5 2,968.7 6.9 Total Assets 3,763.3 3,952.5 5.0 4,015.8 6

  12. Slide 12: Maintaining Financial Ratio Above The Covenant Terms

    Maintaining Financial Ratio Above The Covenant Terms (currency in million USD, except stated otherwise) INDICATOR FY/2017 1Q/2018 % Chg. 2Q/2018 % Chg. Short Term Debt 1,079.7 1,212.4 12.3 1,200.6 11.2 Long Term Debt 555.1 550.1 (0.9) 545.1 (1.8) Leasing 80.7 77.3 (4.2) 73.8 (8.6) Financial Debt 1,7

  13. Slide 13: The Subsidiaries Revenues US$530.5 Million, Contributed 26.5% of Total Group

    The Subsidiaries Revenues US$530.5 Million, Contributed 26.5% of Total Group (currency in thousand USD, except stated otherwise) INDICATOR 1H/2018 % Chg. 1H/2018 % Chg. 1H/2018 % Chg. Revenue Contribution to Group (%) 16.6 5.0 3.5 Operating Revenue 331,678.7 25.3 223,312.3 11.5 115,058.3 (3.0) Opera

  14. Slide 14: New 2020 Vision with Main Target to Achieve Market Capital US$3.5 Billion

    New 2020 Vision with Main Target to Achieve Market Capital US$3.5 Billion VISION “VALUE-DRIVEN AVIATION GROUP, BRINGING INDONESIAN HOSPITALITY TO THE WORLD (US$3.5 BILLION)” MISSION Shareholder Customer Process Employee Maximize Group Value for Better By Delivering Excellent While Implementing Cost

  15. Slide 15: Consolidate & Optimize Strategic Asset

    Consolidate & Optimize Strategic Asset Our New Product Now anyone even the price sensitive type of travellers can fly with Garuda Indonesia the 5-star hospitality, reliable and trustworthy airline. Yellow River Scenic Area - Zhengzhou, China 12 seats are available in selected flight with ATR72-600 a

  16. Slide 16: 23 Awards

    World-Class Customer Centricity in All Touch Points 23 Awards 13 Domestic 10 International including: The Best Airline in Indonesia Top 10 Major Carriers in Asia Top 10 Economy Class in Asia * updated 18 July 2018 16

  17. Slide 17: Build an Agile, Efficient & Digitized Organization

    Build an Agile, Efficient & Digitized Organization Improving Efficiency of Distribution Channel Digital Channel Improvements Direct Indirect Website, Mobile Apps, COS, & Call Center Online Travel Agent, GOS 21.9% 9.2% 12.7% 25.8% 9.1% 16.7% Direct Indirect Direct Indirect YTD June 2017 US$117.7 Mio

  18. Slide 18: Broaden Revenue Beyond Core

    Broaden Revenue Beyond Core Expanding Cargo Capability & Services by Focus on High Yield Shipment Indicator 1H/2017 1H/2018 % Chg. YoY Cargo/Mail Uplifted 219.4K 225.2K 2.7% Cargo Revenue US$115.6 Million US$124.5 Million 7.6% Ancillary Revenue US$36.3 Million US$46.3 Million 27.5% Initiatives in 20

  19. Slide 19: Partnership and Create Portfolio Value

    Partnership and Create Portfolio Value Demographic (YTD Jun 2018) Initiatives in 2018 & Achievement YTD Jun 2018 Total Active Members: Strengthen Partnership with Third Party 1.9 Million Expanding the partnership partner across industry to have variety of partner to optimize the opportunity, especia

  20. Slide 20: PT Garuda Indonesia (Persero) Tbk

    PT Garuda Indonesia (Persero) Tbk © 2018 - All Rights Reserved Registered Office Investor Relations Garuda Indonesia Building Ground Floor, Garuda Indonesia Management Building Jl. Kebon Sirih No. 46A Soekarno-Hatta International Airport Jakarta - 10110, Indonesia Tangerang - 15111, Indonesia PO BOX

PT Garuda Indonesia (Persero) — Q2 2018 Earnings Presentation on 6ix