Pt Garuda Indonesia (persero) Tbk Class B · IDX:GIAA
Pt Garuda Indonesia (persero) Tbk Class B — Q3 2018 Earnings Presentation
24 slides from Pt Garuda Indonesia (persero) Tbk Class B's earnings presentation, January 2019
Slide 1: Corporate Presentation: Company Performance Q3/2018
Corporate Presentation Company Perfomance Q3/2018
Slide 2: New BOD with New Spirit!
New BOD with New Spirit! Board of Directors As the result of Extraordinary General Meeting of Shareholders (EGMS) on September 12, 2018 New Director of Human Capital Same as Previous Heri Akhyar Formerly CEO PT Pelindo Energy Logistic Director of Operation Director of Finance & Risk Management Bamba
Slide 3: Our Quick Wins Priority
Our Quick Wins Priority Corporate Culture Transformation through the Development of People, Process, and Technology Revenue Enhancement Redefine Cost Structure Based on Shared Service Organization Garuda Indonesia ~ #4)
Slide 4: Improving Revenue with Tariff Adjustment
Improving Revenue with Tariff Adjustment Flight Service Performance Indicator Unit Oct/17 Oct/18 % Nov/17 Nov/18 % 11-M/17 11-M/18 % Passenger Revenue Million USD 201,3 209,3 4,0 205,0 232,4 13,4 2.359,4 2.336,4 -1,0 Passenger Carried Million 1,98 1,94 -2,1 1,99 1,99 0,3 21,82 21,67 -0,7 Average Far
Slide 5: Our Q3/2018 Operational Performance Highlights
Our Q3/2018 Operational Performance Highlights OPERATIONAL PERFORMANCE Q3/2018 INDICATOR YTD SEP 2018 YOY CHANGE PASSENGER CARRIED (MILLION) 28,7 +7,9% ON-TIME PERFORMANCE* (%) 89,7 +2,4 ppts. SEAT LOAD FACTOR (%) 75,6 +0,6 ppts. AIRCRAFT UTILIZATION* (HOUR) 9:42 +0:08 PASSENGER YIELD (US¢) 6,5 -3,0
Slide 6: To Boost the Group Performance with Strategic Partnership
To Boost the Group Performance with Strategic Partnership 6
Slide 7: Develop Strategic Business of GMF AeroAsia
Develop Strategic Business of GMF AeroAsia 7
Slide 8: GA x Hokben: Revenue Enhancement by Market Expansion
Revenue Enhancement by Market Expansion and Product Optimization GARUDA IN D F O F N IC E IA S L IA A R IR EMAINS L INE FOR GA x Hokben TO BE AN O IK IN DONESIA Serves New Experience R E P U B L KEPOLISIAN for Customers Garuda Indonesia and Kepolisian Republik Indonesia (Indonesian Garuda Indonesia
Slide 9: Marketing Strategy with Personal Touch Approach
Marketing Strategy with Personal Touch Approach 9
Slide 10: Develop Bonded Logistics Center and IT-Based Service
Develop Bonded Logistics Center and IT-Based Service BONDED LOGISTICS CENTER BONDED LOGISTICS CENTER BONDED LOGISTICS CENTER HUB CGK HUB DPS Shipper & Agent Service JAKARTA DENPASAR • Cargo Booking • Documentation BONDED LOGISTICS CENTER Functionality: Functionality: • Regulated Agent Airport Servic
Slide 11: Exploring New In-Flight Experiences
Exploring New In-Flight Experiences Inroducing an entertainment Provide various features, experience using Virtual Reality such as Box Office movies with technology as a paid service wide-angle and 180⁰/360⁰ in Business Class screen experience For early phase, will be running Trial will be conducted
Slide 12: Supports Environmental Preservation Efforts
Supports Environmental Preservation Efforts Recycle In-Flight Material Garuda Indonesia always supports the environment preservation efforts by various initiatives, including use recycled plastic for in-flight material and recycle it for use back. Through this program Garuda Indonesia plays a role t
Slide 13: Appendix: Company Performance in Q3/2018
Appendix Company Performance in Q3/2018 13
Slide 14: To Book Net Income US$3.7 Million Amidst Tough Period in Q3/2018
To Book Net Income US$3.7 Million Amidst Tough Period in Q3/2018 (currency in million USD, except stated otherwise) INDICATOR Q3/17 Q1/18 Q2/18 Q3/18 % yoy 9M/17 9M/18 % yoy REVENUE EBITDAR 422.4 231.5 256.5 377.9 (10.5) 799.8 866.7 8.4 Scheduled Airline Service 885.9 828.5 875.3 863.5 (2.5) 2,521.9
Slide 15: Number of Passenger Increased by 7.9% yoy in 9M/2018
Number of Passenger Increased by 7.9% yoy in 9M/2018 *) Represent only for Garuda Indonesia (Main Brand) INDICATOR Q3/17 Q1/18 Q2/18 Q3/18 % yoy 9M/17 9M/18 % yoy OPERATIONAL Utilization* (Hour) 9:49 9:41 9:39 9:45 (0:04) 9:34 9:42 0:08 On-Time Performance* (%) 89.2 88.8 93.0 90.6 1.4 pp 87.3 89.7 2
Slide 16: External Issues Including Natural Disasters Affect Operational Performance
External Issues Including Natural Disasters Affect Operational Performance INDICATOR Q3/17 Q1/18 Q2/18 Q3/18 % yoy 9M/17 9M/18 % yoy DOMESTIC Passenger Carried (Million) 5.0 4.4 4.8 5.0 (1.2) 14.2 14.3 0.7 ASK (Billion) 5.8 5.6 5.7 5.6 (2.4) 17.1 16.9 (1.3) Seat Load Factor (%) 76.2 69.7 74.3 78.9 2
Slide 17: Citilink Grabs the Volume & Improves Top Line
Citilink Grabs the Volume & Improves Top Line INDICATOR Q3/17 Q1/18 Q2/18 Q3/18 % yoy 9M/17 9M/18 % yoy GARUDA INDONESIA Passenger Carried (Million) 6.2 5.6 6.0 6.1 (1.9) 17.8 17.7 (0.6) ASK (Billion) 11.4 13.0 13.0 11.0 (3.2) 37.3 37.0 (0.6) Seat Load Factor (%) 76.8 70.2 71.6 78.8 2.0 pp 73.8 73.2
Slide 18: To Close Leaks and Inefficiencies through Maintaining the Other Expenses
To Close Leaks and Inefficiencies through Maintaining the Other Expenses (currency in million USD, except stated otherwise) INDICATOR Q3/17 Q1/18 Q2/18 Q3/18 % yoy PoC 9M/17 9M/18 % yoy PoC Fuel 297.2 316.0 323.8 379.7 27.8 32.1 868.3 1,019.5 17.4 31.0 Rental 281.8 260.1 257.0 293.9 4.3 24.8 799.0 8
Slide 19: Fleet Structure
Fleet Structure AIRCRAFT DEC SEP TARGET TYPE 2017 2018 2018 Boeing 777-300ER 10 10 - 10 10 Boeing 747-400 2 2 2 - - Airbus A330-200 7 7 - 7 7 Airbus A330-300 17 17 6 11 17 Wide Body 36 36 8 28 34 Utilization 10:54 11:18 Boeing 737 MAX 8 1 1 - 1 1 Boeing 737-800NG 73 73 - 73 73 CRJ1000 NextGen 18 18
Slide 20: Debt Ratio is Still Maintained Improved at Level 7.4x
Debt Ratio is Still Maintained Improved at Level 7.4x (currency in million USD, except stated otherwise) INDICATOR FY/17 Q1/18 % Chg. Q2/18 % Chg. Q3/18 % Chg. ASSET Current Assets 986.7 1,050.8 6.5 1,047.1 6.1 1,079.5 9.4 Non Current Assets 2,776.6 2,901.8 4.5 2,968.7 6.9 3,030.8 9.2 Total Assets 3
Slide 21: Improves the Operating Cash Flow with Positive Numbers
Improves the Operating Cash Flow with Positive Numbers (currency in million USD, except stated otherwise) INDICATOR Q3/17 Q1/18 Q2/18 Q3/18 % yoy 9M/17 9M/18 % yoy Beginning Cash 380.5 306.9 305.1 301.9 (20.7) 578.7 306.9 (47.0) Cash from Operating Activities 126.5 (38.3) 83.3 280.4 121.5 (22.5) 327
Slide 22: Maintaining Financial Ratio Above the Covenant Terms
Maintaining Financial Ratio Above the Covenant Terms (currency in million USD, except stated otherwise) INDICATOR FY/17 Q1/18 % Chg. Q2/18 % Chg. Q3/18 % Chg. Short Term Debt 1,079.7 1,212.4 12.3 1,200.6 11.2 996.4 (7.7) Long Term Debt 555.1 550.1 (0.9) 545.1 (1.8) 574.7 3.5 Leasing 80.7 77.3 (4.2)
Slide 23: The Subsidiaries Revenues US$821.2 Million, Contributed 25.5% of Total Group
The Subsidiaries Revenues US$821.2 Million, Contributed 25.5% of Total Group (currency in thousand USD, except stated otherwise) INDICATOR 9M/2018 % Chg. 9M/2018 % Chg. 9M/2018 % Chg. Revenue Contribution to Group (%) 16.1 4.5 3.6 Operating Revenue 518,632.9 18.7 334,699.6 7.8 180,524.0 (0.8) Operat
Slide 24: 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
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