Post on 15-Jul-2020
transcript
Corporate Presentation
1Q16 Results
PT Telkom Indonesia (Persero) TbkMay 2016
1
Disclaimer
This document may contain forward-looking statements within the meaning of safe-harbor. Actual results could differ materially from projections, estimations orexpectations. These may involve risks and uncertainties, and may cause actual resultsand development to differ substantially from those expressed or implied in thestatements. The company does not guarantee that any action, which may have beentaken in reliance of this document will bring specific results as expected.
2
TELKOM in Brief
1Q16 Operational & Financial Results
Company Guidance 2016
Telkom and Subsidiaries
Government Public
52.6% 47.4%
Mobile
Business
T
Note:T : TelecommunicationIME : Information, Media & Edutainment
International
Business
Singapore Hong Kong Timor Leste
Kingdom of
Saudi Arabia
Malaysia
Myanmar
TInfrastructure
Business
TMultimedia
Business
IME
Affiliation
Telkom Group Portfolios
5
6 product portfolios with 5 Customer Facing Units (CFU)
6Product
Portfolios
5Customer
Facing Units
MobileCFU
Digital Services CFU
EnterpriseCFU
ConsumerCFU
Wholesale/ International
CFU
1
2
3
4
5
Mobile
Services
◼ Mobile Legacy◼ Mobile
Broadbandt
1Fixed
Services
2Interconnect’
& Int’l Traffic
3
Enterprise
Digital
ICT Platform
◼ Enterprise Connectivity
◼ IT Services◼ Data Center and
Cloud◼ BPO◼ Devices/Hardware
5
Consumer
Digital
6ME
I
T
Smart Enablers
◼ Payments◼ Digital Advertising◼ Big Data & Other
Smart Enablers
◼ e-Commerce◼ Video/TV◼ Mobile Digital (e.g., Games, Music)
Others◼ Property
Network
Infrastructure
4
◼ Fixed Voice◼ Fixed
Broadbandt
◼ Wholesale -Interconnection
◼ International Businest
◼ Satellites◼ Towerst
Share Ownership
6
Government 52.6% Public 47.4%Treasury Stock
2.6 Bn shares
Total Shares
100,799,996,400 shares
Market Capitalization
Rp358 Tn (USD27.2 Bn)*
Telkom Indonesia is listed at Indonesia Stock Exchange (Bloomberg: TLKM IJ)and New York Stock Exchange (TLK US)
*as of April 29, 2016
TELKOM in Brief
1Q16 Operational & Financial Results
Company Guidance 2016
1Q16 Performance Highlights
8
◼ TLKM recorded a remarkable results in 1Q16. Triple-double-digit growth in Revenue, EBITDA, and Net Income of 16.6%, 18.8%, and 20.3% YoY respectively.
◼ Telkomsel built over 7,000 new BTSs during 1Q16.
◼ Around 90% of new BTSs are 3G/4G BTS to enhance mobile broadband experience.
◼ Healthy profitability with EBITDA Margin of 53.2% and Net
Income Margin of 16.7%
◼ Data, Internet, & IT Service (exclude SMS) remained the biggest contributor with 37.4% of revenue, increased 45.1% YoY.
Strong Revenue Growth, Driven by Data Business
9
Revenue YoY(Rp Trillion)
7.1
8.5
3.4
2.01.4 1.1
10.3
8.9
4.0
1.91.3 1.1
Data, Internet & ITService (Excl. SMS)
Cellular Voice SMS Fixed Line Voice Network and OtherTelco Services
Interconnection
45.1%
5.0%
15.4%
3.8% 7.0% 4.7%
◼ 1Q15◼ 1Q16
Note: SMS included SMS Banking and SMS advertising
23.6
27.5
1Q15 1Q16
16.6%
Strong EBITDA & Net Income Growth with Healthy Margins
10
EBITDA YoY(Rp Trillion)
Net Income YoY(Rp Trillion)
12.3
14.7
1Q15 1Q16
18.8%
3.8
4.6
1Q15 1Q16
20.3%Margin
52.2% 53.2%
Margin
16.2% 16.7%
16.2
18.0
1Q15 1Q16
Increased Operating Expenses in line with Infrastructure Development
11
Expenses YoY (Rp Trillion)
6.3
5.1
2.3
1.1 0.7 1.0
7.7
4.4
3.0
0.8 0.8 0.7
O & M D & A Personnel Interconnection Marketing G & A
9.1%
22.3%
13.6%
29.5%
26.1%26.8%
◼ 1Q15◼ 1Q16
11.1%
Excellent Operational Results
12
TELKOM Operational
◼ IndiHome subs reached 1.35 Million in 1Q16
◼ Fixed broadband users (incl. non-IndiHome) increased 20.7 % YoY to 4.2 million
Telkomsel Operational
◼ Total customers: 153.6 mn, increased 8.6% YoY.
◼ 3G/4G-capable device users: 64.5 mn (+47.5%).
◼ Mobile data payload jumped 89.6% YoY to 169,845 TB.
◼ 3.1 mn customers changed to USIM to enjoy 4G LTE.
◼ Added 7,223 new BTS in 1Q16, 90% are 3G/4G BTS.
+18%
1Q16
20.2
13.3
6.9
1Q15
17.1
12.5
4.6
REVENUES
+41%
1Q16
7.2
0.7
4.1
2.4
1Q15
5.1
0.6
3.9
0.7
In Million In Thousand
YEAR-ON-YEAR ACHIEVEMENT
In Trillion
1Q16
2.3
1Q15
2.8
CAPEX
PAID
TOTAL ASSET BTS ROLL OUT BTS ON AIRIn Thousand
0.9
+22%
1Q16
110.5
49.1
57.2
4.2
1Q15
90.6
47.0
42.7
CUSTOMER In Trillion
6%Legacy
Digital
Business
4%
24%
49%
34%
5%
EBITDA NET INCOMEIn TrillionIn Trillion
Margin
58%54%
Margin
32%28%
1Q16
11.7
1Q15
9.2
1Q16
6.5
1Q15
4.9
34%27%
1Q16
93.9
1Q15
82.9
13%
1Q16
141.5153.6
1Q15
9%
In Trillion
Another triple double-digit growth in Revenues, EBITDA and Net Income
3G
2G
4G
3G
2G
4G
Telkomsel Corporate Presentation 1Q-2016
-19%
267%
394%
Telkomsel: Sustained Strong Performance
+49%
1Q16
6.9
0.6
6.3
1Q15
4.6
0.4
4.2
DIGITAL BUSINESS
REVENUEIn Million
YEAR-ON-YEAR ACHIEVEMENT
In Trillion
DATA USER
51%Digital
Services
Broadband
48%
1Q16
169.8
1Q15
89.6
DATA TRAFFIC
90%
In PB
1Q16
64.5
1Q15
43.7
3G/4G CAPABLE
DEVICE
48%
In Million
1Q161Q15
3G & 4G BTS
ROLL OUT In Thousand
3G & 4G BTS
ON AIR In Thousand
Broadband:
Telkomsel Flash
BlackBerry
Digital Services:- Digital Lifestyle
- Digital Advertising
- Digital Payment & Mobile Banking
- M2M1Q16
71.7
1Q15
63.9
12%
Engine of growth with increased contribution that already accounted 34% of Total Revenues
4G
6.5
4.1
2.44.6
3.9
0.7
3G 4%3G
4G
61.4
43.6
42.757.2
4.2
0.9
1Q161Q15
34%
Telkomsel Corporate Presentation 1Q-2016 14
267%
394%
Telkomsel: Continued to Focus on Digital Business
Progress in 1Q16
15
◼ 10 Mn fiber-based homes passed
◼ 1.35 Mn IndiHome 3P customers
◼ 82,200 km nationwide fiber-based backbone network
◼ Acquisition of GTA Teleguamstill under evaluation of US Authorities
International Business
id-Access
id-Ring
TrueBroadband
Access
NationwideBroadband
Backbone
ConvergenceDigital
Innovation
AGMS keypoints:
◼Dividend:
▪ 60% pay out (50% Regular + 10% Special).
▪ Recording date May 4, 2016.▪ Payment date May 26, 2016.
◼New CFO Mr Harry M. Zenreplacing Mr Heri Sunaryadi
◼ To launch TELKOM-3 satellite
◼ To prepare TELKOM-4 satellite.
TELKOM’s Satellite
TELKOM-3
4Q- 2016TELKOM-4
2Q-2018
TELKOM in Brief
1Q16 Operational & Financial Results
Company Guidance 2016
EBITDA &
Net Income
Margins
To slightly decline in line with continued broadband infrastructure development both in mobile and fixed line businesses
2016 Guidance
17
Revenue
Growth
To grow better than market rate in FY16 by continued effort in growing digital business
Main Programs
Telkomsel Indonesia Digital Network International Expansion
Leading Mobile
Digital Business
Drive Digital Home
& Enterprise
Smart
International
Business Growth
CAPEX
22% to 25% of revenue with focus on broadband infrastructure • 60% - 65% for mobile-related business• +/- 25% for fixed broadband-related business• The balance for other businesses
M&A Aspiration To Enhance and increase digital business. Guidelines: 80% is digital / new wave portion of inorganic programs.
Thank YouPT Telkom Indonesia (Persero) Tbk
May 2016
Thank You