Pt Xlsmart Telecom Sejahtera Tbk · IDX:EXCL
Pt Xlsmart Telecom Sejahtera Tbk — XL Axiata — Q2 2022 Earnings Presentation
17 slides from Pt Xlsmart Telecom Sejahtera Tbk's earnings presentation, 2022
Slide 1: > XL axiata
> XL axiata
Slide 2: Disclaimer
Disclaimer xt axiata The following presentation contain statements about future events and expectations that are forward-looking statements by the management of PT XL Axiata Tbk. (“XL Axiata”) (“Company”), relating to financial trends for future periods, compared to the results for previous periods,
Slide 3: 2Q 22 Key Highlights
2Q 22 Key Highlights x axiata ¢ Fastest growing operator: Superior network quality, price hike, strong Lebaran effect resulted in revenue growth +9% QoQ. * Focus on Operational Excellence is bearing fruits: 2Q 22 EBITDA expanded by 12% QoQ. * Best customer network experience: #1 download speed and v
Slide 4: XL Axiata Public
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Slide 5: Financial Performance
Slide 6: Financial Performance
Financial Performance x axiata XL Axiata recorded strong performance in 2Q 22 with 9% QoQ increase in revenue; 12% QoQ increase in EBITDA and 242% QoQ increase in PATAMI. Revenue (IDR bn) EBITDA (IDR bn) PATAMI & NPATAMI (IDR bn)" I PATAMI 14,087 Ml NPATAMI 12,978 (OTs, 6,728 6,745 CE) nef 3,560 6,7
Slide 7: Operating Expenses
Operating Expenses Interconnection and Other Direct Expenses Gl infrastructure HB Labor Costs Ml Regulatory Costs Sales and Marketing Ml Supplies and Overhead 7,340 #12.3% | +5.72%)— 6,487 3,772 | 568_| 3,568 574 3,358 1,383 | so 26 272 a 640 YeRD os 2,029 BsTZ9 1,004 1,010 1,070 75 86 93 149 179 >|
Slide 8: > XL axiata
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Slide 9: Data Revenue
Data Revenue x axiata Data revenue grew 7% QoQ in 2Q 22 driven by price increase and strong Lebaran effect. Data & Digital services Revenue (IDR bn) Total Traffic (PB) +8% G7%) hes 426%) —G7%) cae 11,802 , 6,151 6,224 6.605 1,857 1.983 sae 1,572 > 2Q 21 1Q 22 2Q 22 1H 21 1H 22 2Q 21 1Q 22 2Q 22 1H 2
Slide 10: Customers
Customers x axiata Higher YoY subscribers with higher blended ARPU indicating a healthy customer development as we are focusing on quality customers. Subscribers (mn) ARPU (IDR k) 4G Subscriber (%) 56.77 57.00 57.23 55.53 55.64 2Q 21 1Q 22 2Q 22 2Q 21 1Q 22 2Q 22 1H 21 1H 22 2Q 21 1Q 22 2Q 22 Ml Pre
Slide 11: Base Stations
Base Stations x axiata Network expansion continues with total 4G BTS now above 88k. Spectrum usage optimization progressing well with 3G BTS now less than 5k. BTS count 4G & 2G 3G BTS shut down progress Mi2c Mi4c 439%) 144,450 104,175 92%) 73,997 85,334 38,517 53,260 54,046 52,534 36,674 4,221 as 1H
Slide 12: Financials
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Slide 13: Balance Sheet
Balance Sheet x axiata Balance Sheet remains healthy post Link Net deal, forward focus on deleveraging Gross & Net Debt (IDR bn) Gearing Ratios (x) 1H 21 1H 22 1H 21 1H 22 IM Gross Debt IN Gross Debt to EBITDA Ml Net Debt Hl Gross Debt to EBITDA (incl. fin. lease) Il Net Debt to EBITDA 1 Net Debt to
Slide 14: Cash Flow
Cash Flow x axiata Higher FCF due to healthy cash generation as we collected higher receipts from customers. FCF (IDR bn) Committed Capex (IDR bn) 631%) 374%) 3,122 6,883 5,009 1,914 1H 21 1H 22 1H 21 1H 22 XLAxiata Public
Slide 15: * As per Fitch Rating July 2022 report XL Axiata Public
* As per Fitch Rating July 2022 report XL Axiata Public 15
Slide 16: FY Consolidated Guidance
FY 22 Consolidated Guidance x axiata « Revenue Growth: In-line with market. * EBITDA Margins: ~50% ¢ Capex: ~Rp9.Otn. XLAxiata Public
Slide 17: Thank You
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