PT Wahana Ottomitra Multiartha Tbk · IDX:WOMF
PT Wahana Ottomitra Multiartha Tbk — Investor Presentation (February 2005)
28 slides from PT Wahana Ottomitra Multiartha Tbk's investor presentation, Feb 16, 2005
Slide 1: Investor & Analyst Gathering
Investor & Analyst Gathering SS Q eS February 16 2005 wy <
Slide 2: PT Wahana Ottomitra Multiartha Tbk.
PT Wahana Ottomitra Multiartha Tbk. million miles with enormous pride
Slide 3: About WOM
about WOM @ VOM Finance was established in 1997 as a part of Wahanaartha Group, the main dealer of Honda motorcycle in Jakarta and Tangerang. @Since inception, WOM has operated as a pure motorcycle financing company. The company has traditionally financed only new Honda motorcycles, before it decide
Slide 4: About WOM
about WOM @ WOM issued a IDR 300bn bond in November 2003 with A- (stable outlook) credit rating from Pefindo. @ On September 16" 2004, WOM has signed a Conditional Sales and Purchase Agreement with Bank International Indonesia (‘BI’) to acquire up to 75% interest in WOM by end of April 2005. @ \\OM
Slide 5: Shareholders
Pa shareholders Post IPO No. of shares % Of ownership Begawan Investment (L) Bhd 720.000.000 36.00% Mochamad Thohir 226.746 .000 11.34% Susianty Pranata 165.321.000 8.27% Yanto Kasiman 226.746 .000 11.34% Widjaya Budiman 83.187.000 4.16% Dewi Ratnasari Gozali 321.300.000 16.06% Benny Wennas 56.700.0
Slide 6: Vision
vision ff To be one of the best consumer finance company in Indonesia 77
Slide 7: Mission
mission ® Prioritize customers’ and business partners’ satisfaction @ Create trustworthiness with banking partners @ Develop and expand business networking, espedally in highly potential areas @ Optimize company’s performance culture Learning, Sharing, Coaching
Slide 8: Management
management Board of Commissioner President Commissioner Commissioner Commissioner Board of Director President Director Finance Director Marketing Director Operation Director Garibaldi Thohir Robbyanto Budiman Tan Siddharta Benny Wennas Bellynawaty Ardy Salim Invan Suryadi
Slide 9: PT Wahana Ottomitra Multiartha Tbk.
PT Wahana Ottomitra Multiartha Tbk. million miles with enormous pride
Slide 10: National new bike sales 2004
national new bike sales 2004 8% (A 47% L 45% mCash mCredit WOM * Total national sales (all brands): 3,887,675 units. * Portion of credit sales: 55% or 2,138,221 units * WOM’s market share = 8% or 171,446 units. national new bike sales 2005 8% 46% ] LL V9 N45 % me Cash mCredit WOM & Target * Total na
Slide 11: Annual booking
annual booking 290, IDR bn ao 7IDR T 69 ome CAGR 92% from “7 8.4 FY00-F'Y04 60 eS a 40 45 4 +0 e 1900 30 § 20 00 10 : 0 oo _ + — + + t mm ‘206E piled amr ‘er ‘200GF 2 Tota Loan # TotalLoan
Slide 12: Sales performance
sales performance IDR mn 00,000 7 EOS 380,000 + ‘ nO ~~ © Total IDR3.4T or 300,000 Jan-05 ee cubis aS = 400,000 units , 233,176 Jao ae 250,000 + _— = ae i 200,000 _— a — 490,000 s_ Total IDR 2.36T 100,000 + s3 253,299 units 90,000 had : . Jan Feb Mar Apr May dun Jul Aug Sep Oct Now Dec meen. —e— Tar
Slide 13: Portfolio
portfolio 23.20% \ 15.70% MHonda M@ Yamaha 1.70% 59.40% Suzuki ™@ Others *As of Dec-04 Non-Honda motorcycles contributed to 40.60% of total portfolio. * WOM has been the MARKET LEADER for Honda _ bike financing in Jakarta and Tangerang. *The company dominated 46.19% of Jakarta and Tangerang’s market
Slide 14: Asset Quality
Asset Quality Total Receivables (IDRbn) Undue 3,643.343 1-30 days 26.693 31-60 days 16.290 61-90 days 7.860 91 - 120 days §.504 121 - 150 days 4.192 > 151 days §.499 TOTAL 3.708.381 % 98.25% 0.72% 0.41% 0.21% 0.15% 0.11% 0.15% 400.00%
Slide 15: Branch coverage
branch coverage * As of Dec-04, WOM has expanded its Sales by region distribution network to 77 branches and sub branches throughout Java, Bali, Sumatra and Kalimantan. Greater Jakarta, 49.00% + In 2005, the company has opened a new market in Sulawesi and planned to open 10 more branches and sub-bra
Slide 16: PT Wahana Ottomitra Multiartha Tbk.
PT Wahana Ottomitra Multiartha Tbk. million miles with enormous pride
Slide 17: Strong historical performance
strong historical performance 1,600 7/IDRbn 4,400 + Revenue: 5yr CAGR: 80% Net Profits: 5yr CAGR 134% 1,200 + 41,000 + 800 7 600 7 2001 2002 2003 2004 2005E 2006F & Net Profits ® Revenue
Slide 18: Strong historical performance
strong historical performance 1,800 7 |DRbn 1,600 + 4007 Equity. 5yr CAGR: 107% 1,200 + 41,000 + 800 + 600 + 2001 2002 2003 2004 2005E 2006F * Assets “Liabilities ® Equity
Slide 19: ROAA
8.9% 20% 40.8% moe 1SD% 100% sme ROAA 23.7% 17.5% 11.2% 2004 2005F 2006F & ROAA
Slide 20: PT Wahana Ottomitra Multiartha Tbk.
PT Wahana Ottomitra Multiartha Tbk. million miles with enormous pride
Slide 21: Strengths
strengths @ Focus in pure 2W market without affiliation with any brands @ Solid Management Team @ High Collection Rate and Low NPL @ Prudent Risk Management @ Strong Relationship with Dealers @ Improved branch and employee productivity
Slide 22: Strengths
strengths @ Enjoy funding support and flexibility from leading domestic banks, such as Bank Danamon, BRI, Bank International Indonesia, Mandiri, BCA, NISP, BNI, Bank Mega, and Bank Victoria International. @ Committed to high service standard to customers.
Slide 23: Macro outlook
macro outlook @ Stable economic and political environment @ Favorable government policy for middle to lower class income @ Rising fuel price will increase the costs of public transportation. Hence purchasing motorcycle through credit schemes becomes an attractive alternatives to own private transpor
Slide 24: PT Wahana Ottomitra Multiartha Tbk.
PT Wahana Ottomitra Multiartha Tbk. million miles with enormous pride
Slide 25: Favourable setting for prospective growth
favourable setting for prospective growth @ Strong 2W market — lucrative & fast growth @ Relatively low motorcycle ownership ratio in Indonesia @ Falling interest rate @ Greater access to funding from banks and the capital market @ Wider market penetration @ Limited affordability has led to the risi
Slide 26: Growth drivers over the next years
growth drivers over the next 3 years @ Improved productivity from the opening of new branches, greater economies of scale. @ Shifting focus from pure Honda bike financing to multi-brand financing. @ Lower funding costs as local bonds market becomes more accessible,
Slide 27: Corporate agenda
corporate agenda @ [DR500bn Bond issuance in [HOS5. @ Bil-led consortium acquisition will be finalized by end of April 2005
Slide 28: For further inquiries
For further inquiries: Fenfira Tedja 601-2266 corporate_secretary@ wom.co.id www.wom.co.id
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