Pt Indonesia Kendaraan Terminal Tbk · IDX:IPCC
Pt Indonesia Kendaraan Terminal Tbk — H1 2023 Earnings Presentation
48 slides from Pt Indonesia Kendaraan Terminal Tbk's earnings presentation, Aug 21, 2023
Slide 1: Management Presentation Performance Update
MANAGEMENT PRESENTATION PERFORMANCE UPDATE PT Indonesia Kendaraan Terminal Tbk Aug, 21th 2023
Slide 2: List Of Content
List Of Content Auto Industry Performance Company Overview Operational Overview Financial Overview Strategies, Prospect & Challenges 2
Slide 3: Auto Industry Performance
Auto Industry Performance • Performance • Monthly Cyclical • Comparison GAIKINDO & IPCC
Slide 4: Cars production, wholesales, export and import
1,600 Cars Production (in 000 units) 1,470 Passenger Cars Production Total 1,400 Cars Wholesales (in 000 units) Thousands Thousands Commercial Vehicle Production Total Passenger Cars Total Sales Commercial Vehicle Total Sales TOTAL 1,400 1,344 1,200 1,151 1,287 TOTAL Total : 6,45% 1,214 1,030 1,048
Slide 5: Auto industry production, sales, export and import table
Passenger Commercial Cars Vehicle Passenger Commercial PERIODE CBU EXPORT CKD-SET EXPORT CBU IMPORT CKD-SET IMPORT Production Production Cars Total Vehicle Total Total Sales Total Sales 2017 981,799 235,719 842,474 234,891 231,169 85,369 87,352 191,541 2018 1,055,774 287,940 874,660 276,631 264,553
Slide 6: Monthly wholesales and production 2019-2023
WHOLESALES 2019 - 2023 PRODUCTION 2019 - 2023 110,000 105,354 2019 2020 2021 2019 2020 101,202 144,958 2021 2022 134,201 140,000 135,542 100,000 2022 2023 99,986 91,275 132,768 136,988 2023 98,535 96,128 96,673 122,656 84,149 135,101 90,000 82,155 90,368 89,254 119,825 122,968 80,995 82,581 93,194 8
Slide 7: Comparison GAIKINDO - IPCC production and export
1,400,000 Comparison GAIKINDO - IPCC - PRODUCTION 70.00% Comparison GAIKINDO - IPCC - EXPORT 65.98% Gaikindo Prod IPCC Prod. Market Shr 500,000 Gaikindo Export 120.00% 1,214,250 473,602 IPCC Export 99.39% 1,200,000 54.01% 60.28% 60.00% 450,000 98.52% Market Shr 98.20% 55.70% 100.00% 1,055,774 47.89%
Slide 8: Company Overview
Company Overview • Milestone • IPCC Shares Ownership • Pelindo Structure • Board of Commissioner & Board of Director • Stock Performance • IPO Fund Proceeds • IPCC Line of Business
Slide 9: IPCC Overview
IPCC Overview IPCC History at a glance After the Pelindo merger, IPCC is owned 71,3% by PT Pelindo Multi Indonesian Government Car Terminal Division was spun Terminal; 0,7% by PT MTI and 28% by instruction to IPC to off as PT Indonesia Kendaraan the public, followed by the new logo. make dedicated v
Slide 10: IPCC Shares Ownership
IPCC Shares Ownership IPCC Operation Area IPCC Shares Ownership PELABUHAN INDONESIA (PERSERO) 99.9% KOPERASI PEGAWAI MARITIM 1.0% MULTI TERMINAL INDONESIA PUBLIC 0.7% 71.3% 28.0% IPCC Throughput (2016-2022) 800,000 700,000 600,000 500,000 400,000 The total amount of outstanding share at 300,000 1.81
Slide 11: IPCC Shares Ownership
IPCC Shares Ownership MUTUAL FUND; 2; 0.03% BROKERAGE; 1; 0.01% INSURANCE; 2; 0.03% SWITZERLAND - TAX TREATY; 1; FOUNDATION; 5; 0.07% COOPERATION; 0; 0.01% 0.00% INDIVIDUAL - FOREIGN; 10; 0.13% MALAYSIA - TAX TREATY; 1; 0.01% INDIVIDUAL - FOREIGN; SWITZERLAND - TAX FOUNDATION; 14; 0,17% PENSION FUND
Slide 12: IPCC Overview – Pelindo Company Structure
IPCC Overview – Pelindo Company Structure Since October 1st 2021, Pelindo 1, 2, 3 and 4 are merged to be PT Pelabuhan Indonesia (Persero) Business Model Strategic architect & PT Pelabuhan Indonesia (Persero) Concession Owner Regional 1 Regional 2 Regional 3 Regional 4 Regional x Regional coordinator
Slide 13: Board of Commissioners and Directors
Based on EOGM Apr 18th 2023 Left to Right : Commisioner Abdur Rahim Hasan; President Commisioner Drajat Sulistyo; Left to Right : President Director & Act. Director of Commercial & Business Commisioner L.M Arya Bima Yudiantara Development : Sugeng Mulyadi; Director of Operation & Technical & Act. Di
Slide 14: Three things as Main Focus in our company
IPCC main characteristics to achieve the GOALS i.e : Three things as Main Focus in our company: 14 14
Slide 15: Use of IPO Fund Proceeds
USE OF IPO FUND PROCEEDS 51,91% 415.46 B 40,06% IPCC Initial Public Offering 320.59 B IPCC offering shares at about 1,81 billion shares with fund acquisition reached Rp. 835,0 billion. 1,25% 10.00 B 6,79% 54.32 B CAPEX Payment of Land Rent, paid in Working Capital Remaining Use of IPO Funds advance
Slide 16: IPCC Operation Area
IPCC Operation Area Tanjung Priok Port, Belawan Port, Surabaya • (Tanjung Perak Port), and Makassar Port are the 4 Quay 1: 125 m / -4.5 mLWS main ports in Indonesia, and IPCC has operated in 3 of Quay 2: 75 m / -4.5 mLWS • those main ports. • ` Belawan Indonesia new capital ` city location ` Pontian
Slide 17: Terminal operations
Asakai / Briefing LQ Gate Marking Quality Check Portstock Portstock 24 Hour Delivery Services Penumpukan Dedicated Load Lane for Delivery 17 17
Slide 18: Operational Performance
Operational Performance • IPCC’s Cargo Historical • Details of IPCC Cargo in International Terminal • Details of IPCC Cargo in Domestic Terminal • Monthly Cyclical
Slide 19: IPCC cargo historical
IPCC Export(2020-7M23) – Import (CBU)in IPCC 35 Non IPCC CBUEquipments, Heavy Total (2020-7M23) in IPCC Trucks, Buses & Spareparts 7,000 CBU Ex-Im Spare Parts (Pkgs) Heavy Equipment (Unit) Truck & Bus 500 Total Ex-Im 29,60% Exports Imports Total CBU 30 5,865 5,582 6,000 Thousands 450 5,291 Truck & B
Slide 20: International terminal cargo details
CBU (Unit) TRUCK/BUS (Unit) 250,000 CBU Import 4,500 49,45% Truck/Bus Import 215,486 3,902 CBU Export 4,000 Truck/Bus Export 200,000 181,191 3,500 3,063 27,39% 3,000 150,000 2,500 2,000 100,000 19,93% 1,500 50,469 50,000 33,770 1,000 -44,37% 500 293 163 - - 7M-22 7M-23 7M-22 7M-23 HE (Unit) GENERAL
Slide 21: Domestic terminal cargo details
CBU (Unit) TRUCK/BUS (Unit) HE (Unit) Tj. Priok Panjang. Lampung Tj. Priok Panjang. Lampung 250,000 55,000 Tj. Priok Panjang. Lampung Dwikora, Pontianak 7,000 Dwikora, Pontianak Roro, Belawan Dwikora, Pontianak Roro, Belawan 6,266 Roro, Belawan Roro, Makasar TOTAL 22,49% 46,744 6,000 45,000 -3,83% 6
Slide 22: Monthly cyclical CBU and HE
45,000 40,000 Export CBU Import CBU 40,000 35,000 Import 2018 Import 2019 35,000 Import 2020 30,000 Import 2021 30,000 Import 2022 25,000 Import 2023 25,000 20,000 20,000 15,000 Export 2018 15,000 Export 2019 Export 2020 10,000 10,000 Export 2021 Export 2022 5,000 5,000 Export 2023 0 0 JAN FEB MAR A
Slide 23: Monthly cyclical truck/bus and general cargo
900 1,200 Import Truck / Bus 800 Export Truck / Bus Import 2018 Import 2019 1,000 700 Import 2020 Import 2021 Export 2018 Export 2019 Import 2022 Import 2023 Export 2020 Export 2021 800 600 Export 2022 Export 2023 500 600 400 300 400 200 200 100 0 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JA
Slide 24: Financial Performance
Financial Performance • Finance Performance • Realization of Revenues • Realization of International & Domestic Revenues • Financial Highlight • Investment / Capex
Slide 25: Financial performance 6M23
ASSETS LIABILITIES EQUITY REVENUE EBITDA NET INCOME 2,500.00 400.00 21,37% 350.00 366.96 2,000.00 2,191.83 -19,15% 300.00 302.34 1,962.88 1,825.05 1,772.14 250.00 35,26% 1,500.00 1,240.88 233.28 200.00 191.29 6,79% 73,77% 1,000.00 1,161.97 150.00 1,004.94 141.42 1,064.99 1,029.86 78.92 -48,41% 897.8
Slide 26: Financial highlights
In Thousand Rupiah in Thousand Rupiah Income Statement 2018 2019 2020 2021 2022 3M-22 3M-23 6M-22 6M-23 Operating Revenue 521,835,612 523,218,738 356,532,157 516,836,950 726,573,259 150,046,126 191,151,747 302,336,582 366,960,224 Gross Profit 249,998,152 217,643,653 75,710,582 198,247,317 346,846,68
Slide 27: Revenue realization
Revenue 6M22 Revenue 6M23 77,678,912,092 ; 80,654,404,783 ; 25.70% 22.34% 224,558,958,776 ; 74.30% 280,448,091,383 ; 77.66% TOTAL International TOTAL Domestics TOTAL International TOTAL Domestics Revenue 6M22 Revenue 6M23 Spare Parts; Motorcycle; Spare Parts; 8,129,033,040 ; Motorcycle; 4,746,483,21
Slide 28: International and domestic revenue
International Revenue 6M22 International Revenue 6M23 Spare Parts; 7,320,973,126 ; Spare Parts; Heavy Equipment; 3.26% 7,844,781,078 ; Heavy Equipment; 60,123,420,838 ; 2.80% 75,387,326,067 ; 21.44% 33.57% Cars; 141,850,659,583 ; Cars; 63.17% 212,479,889,467 ; 75.76% Cars Heavy Equipment Spare Parts
Slide 29: 2023 capex budget
• In 2023, IPCC have a capex budget at IDR 35,54 billion. From those amount, mostly running for the activities that support services operation in IPCC’s Terminal and improvement in infrastructure and superstructure, such as mentioned in the table above. 29 29
Slide 30: Dividend history
Date of Cash Amount of Year of Income for The Amount of and/or Dividend Payout Ratio Dividends per Financial Year Dividend Policy Dividend per Distribution (%) Year Paid Report (IDR Thousand) Share Date (IDR Thousand) BoD Circular Meeting 50 Decision, December 14th January, 13th 2023 (Based on Profi
Slide 31: Strategies, Prospect, & Challenges
Strategies, Prospect, & Challanges • Prospect in 2023 - 2024
Slide 32: Prospects 2023-2024
• With the new logo and new tagline “Beyond The Gate”, IPCC keep looking for every business opportunity that can grabbed revenue creativity & revenue enhancement, such as Car(go) Distribution Management, CCS, and others. • To expand the loading-unloading operational services of vehicles in IPCC’s Te
Slide 33: Prospects and expansion
• The bounce-back of infrastructure activities that support the construction industry and the recovery of commodity industry will lift up the demand of heavy equipment and all its components. • Accelerate the Car Terminal Digital Transformation to enable the delivery of optimal and effective operati
Slide 34: IPCC Strategies and Prospect Towards The Future
IPCC Strategies and Prospect Towards The Future Expansion: IPCC as the only subsidiary of Pelindo specialized in handling RORO terminals IPCC is operating RORO Namely Tanjung Priok, Belawan, dan Makassar, as Main Distribution Nodes, 01 Terminals in 3 of 4 main after that the car cargo will be distri
Slide 35: Company Main Programs
Company Main Programs To capture all business opportunities outside the terminal business, both on the sea and land transportation, by focusing on these aspects: • Port operations and customer • Horizontal: other potential • Integrated “Beyond The Gate” relationship management car/roro terminals end
Slide 36: Beyond The Gate integration
Integration: Grabbing the opportunity outside the gate terminal with new spirit “Beyond The Gate” New service launched in 2022: Pre-Delivery Cargo (PDC) with Primary Customer: Hyundai Motor Indonesia 36
Slide 37: IT master plan and digitalization
Automated Gate Integration With Maker IT Master Plan 2020 – IT Security Enhancement Single TID Operation Dashboard Gate Automation in Int’l Data integration Maker – 2024 Implementation of next TID International Terminal Implementation of Terminal & Truck ID IPCC announcement truck & An integrated IT
Slide 38: RFID utilization before and after
Digitalization and Data Integration at port by extending RFID utilization up to Port in (eliminate manual scan process) to get valid data and compliance on PerDirjen 01/2019 (NPE) RFID Utilization Port In (Scan) Public Road PDI Export KCY-Storage Port-Storage Plant KCY-Preloading Port Rec. Before TM
Slide 39: RFID structure design and testing
1. Structure design & study for Antenna 2. Static & dynamic test for RFID Tag 3. Structure design & study at Car Carrier 4. Structure installation at IKT Port 5. Trial Actual Operation at IKT Port
Slide 40: Satellite terminals Belawan and Makassar
TERMINAL SATELIT BELAWAN TERMINAL SATELIT MAKASSAR BEFORE BEFORE AFTER AFTER 40
Slide 41: IPCC Main Programs
IPCC Main Programs Expansion: IPCC as the only subsidiary of Pelindo specialized in handling Car and RORO terminals IPCC started its expertise as car terminal, however in order to unlock the capacity in each terminals operated by IPCC and to enhance the connectivity in Indonesia, IPCC extended its e
Slide 42: Why Invest to IPCC?
Why Invest to IPCC? ALASAN BERINVESTASI SAHAM IPCC BENEFITS OF INVESTING IN IPCCSTOCKS 1. Konstan memberikan Dividen setiap tahunnya; 1. Constant annual Dividends; 2. Memiliki kinerja operasional dan keuangan yang 2. Outstanding operational and financial cemerlang; performance; 3. Dengan semangat Be
Slide 43: Thank You
Thank You For More Information, Please Contact: Investor Relations Reza Priyambada : +62 812 901 0044 investor.relationipcc1@gmail.com / reza.priyambada@indonesiacarterminal.co.id
Slide 44: Attachment
SUM Nex: Ce NETS. INDONESIA IPCC TERMINAL KENDARAAN Attachment ¢ Facilities
Slide 45: IPCC Tanjung Priok Layout
IPCC Tanjung Priok Layout LENGTH DEPTH BERTH AREA (m) (mlws) TPT 1 Domestic 88 -7 TPT 2 International 220 -12 TPT 4 Domestic 148 -7 TPT 5 Domestic 304 -12 .: Yard Capacity Total Area (effective) : ± 18.94 Ha - International : ± 14.17 Ha - Domestic : ± 4.77 Ha Total Capacity : ± 12.161 units - Intern
Slide 46: IPCC Tanjung Priok Layout
PELINDO MULTI TERMINAL IPCC TERMINAL KENDARAAN IPCC Tanjung Priok Layout El ul VE «. fi i : i Hea ill Eel ; & - : POG munness - = i alee ' = +4 a | = = | ‘ty Storage Internasional Storage Domestik —--—-— TPS Separator Stall Car Carrier Inspection Facility (Internasional) Buffer Area
Slide 47: IPCC Tanjung Priok Yard Expansion Plan
IPCC Tanjung Priok Layout IPCC Tanjung Priok Yard Expansion Plan Ex-DKP Ex-PP Phase 1: Addition from ex-DKP ▪ Area : ± 1.8 Ha ▪ Capacity : ± 800 units ▪ Construction : Completed Phase 2: Addition from ex-PP ▪ Area : ± 1.3 Ha ▪ Capacity : ± 1.000 units ▪ Construction : On going (Sep 2022) 47
Slide 48: Line Of Business - Positioning
Line Of Business - Positioning Facilities ia il ul il 7 vs A i 7 ll ti) ! VN , 7 a: PELINDO MULTI TERMINAL a
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