PT BFI Finance Indonesia Tbk · IDX:BFIN

PT BFI Finance Indonesia Tbk — Q3 2014 Earnings Presentation

10 slides from PT BFI Finance Indonesia Tbk's earnings presentation, October 2014

  1. Slide 1: PT BFI Finance Indonesia: 3Q14 Results

    PEOPLE AT THE CORE PT BFI FINANCE INDONESIA: 3Q14 RESULTS October 2014 Disclaimer: The information contained in this presentation is strictly confidential for PT BFI Finance Indonesia Tbk (BFI or the ‘Company’) and is provided by the Company to you solely for your reference. Any reproduction, dissem

  2. Slide 2: 3Q14 Key Updates

    3Q14 KEY UPDATES GROWTH • Consistently strong Receivables, Revenue growth, amidst subdued 9M14 new bookings • Managed Receivables grew 17% driven by strong Booking from the previous FY as well as longer tenor loans • Net Revenue growth of 21% driven largely by strong Consumer Financing business, hig

  3. Slide 3: Balance Sheet Highlights

    BALANCE SHEET HIGHLIGHTS In Rp bil (unless otherwise stated) 3Q14 2Q14 QoQ 9M14 9M13 YoY • Strong Non-Dealer growth offset by New Bookings 2,266 2,336  3.0% 6,812 6,573  3.6% slower HE Leasing and Dealer financing Managed Receivables^ 10,778 10,463  3.0% 10,778 9,243  16.6% • Strong Receivable

  4. Slide 4: Profit & Loss Highlights

    PROFIT & LOSS HIGHLIGHTS In Rp bil (unless otherwise stated) 3Q14 2Q14 QoQ 9M14 9M13 YoY • Strong Consumer Interest Income 423 404  4.7% 1,214 1,002  21.1% Financing revenue • Yield improvement Financing Cost 129 121  7.3% 364 307  18.7% of 36 bps • Strong Receivables Net Interest Income 294 2

  5. Slide 5: Ability to Build a More Robust Balance Sheet

    ABILITY TO BUILD A MORE ROBUST BALANCE SHEET Bookings vs Receivables Growth (2010-9M14) B: 4% 12,000 R: 17% B: 28% CAGR • Loan book shows 10,000 R: 38% CAGR 8,652 improvement over the years 8,000 6,993 6,573 6,812 – able to improve quality and tenor of loans booked, Rp bil 5,742 6,000 4,155 9,570 10

  6. Slide 6: Stable Profitability Over the Years

    STABLE PROFITABILITY OVER THE YEARS PBT Growth ROA Trend vs Industry Cost-to-Income* 700 14.0% 50% 13% CAGR 11.6% 45% 600 12.0% 12% 40% 500 10.0% 9.3% 35% 8.3% 400 8.0% 30% Rp bil 6.8% 667 6.3% 25% 46% 47% 46% 300 614 6.0% 41% 43% 43% 529 543 4.42% 20% 463 485 3.71% 3.75% 3.39% 200 4.0% 15% 10% 100

  7. Slide 7: Asset Quality Under Control

    ASSET QUALITY UNDER CONTROL NPL Trend (2012-9M14) Write-Offs (2012-9M14) 4.50% 1.40% 1.33% 4.00% 4.02% 1.20% 3.50% 0.99% 1.00% 0.89% 3.00% 0.82% 2.50% 2.58% 0.80% 0.68% 0.64% 2.00% 1.94% 0.60% 0.53% 1.62% 1.38% 1.67% 0.44% 1.50% 1.20% 0.40% 1.05% 1.00% 1.35% 1.02% 1.04% 0.85% 0.20% 0.50% 0.00% 0.00%

  8. Slide 8: Strong Capital Base

    STRONG CAPITAL BASE Source of Funding (2010-3Q14) Cost of Funds (2010-3Q14) 100% 14.0% 6% 12.5% 12.7% 4% 12% 90% 18% 22% 24% 11.3% 8% 12.0% 11.0% 80% 10.7% 15% 70% 40% 14% 14% 10.0% 60% 40% 7.5% 50% 31% 8.0% 31% 30% 6.5% 6.6% 6.5% 40% 5.8% 6.0% 30% 49% 20% 41% 37% 4.0% 33% 32% 10% 2.0% 0% 2010 2011

  9. Slide 9: Diversified Portfolio

    DIVERSIFIED PORTFOLIO Portfolio Composition (3Q14) Portfolio Composition (3Q13) Other, 12% Other, 11% HE, 9% HE, 12% MPV, 36% MPV, 35% Jeep, 11% Rp 10.8 tn Rp 9.2 tn Jeep, 10% Pick-Up, 16% Pick-Up, 16% Truck, 16% Truck, 17% * MPV = Multi Purpose Vehicle / 7 seater car MPVs continues to be the larges

  10. Slide 10: Strong Network Outside Java

    STRONG NETWORK OUTSIDE JAVA Business Distribution and Branch Network (3Q14) Denotes % Outlets by Region Denotes % Receivables by Region, yoy change 3Q13 3Q14 23% 20% Kalimantan Sulawesi and East 21% 22% 27 outlets 47 outlets 11% 19% 21% 19% 3Q13 3Q14 3Q13 3Q14 3Q13 3Q14 Sumatera 49 outlets 8.7% 9.1%

PT BFI Finance Indonesia — Q3 2014 Earnings Presentation on 6ix