PT Saratoga Investama Sedaya Tbk and Affiliates
Morninglight Investments S.a.r.l Claris Investment Pte. Ltd.
Public Others
Shareholder Composition as of 30 September 2016
BOARD OF COMMISSIONERS BOARD OF DIRECTORS
BoC brings strong mix of operational, strategy, MA, and governance expertise
BoD members bring over 100 years of combined professional experience
48.6 15.3
6.8 29.3
Tossin Himawan
Commissioner
Simon Halim Lee Chul Joo
Danny Walla
Istama Siddharta
Independent Commissioner
Commissioner Commissioner
Independent Commissioner
Edwin Soeryadjaya
Chairman
9
Andi Esfandiari Director
Rudy Halim Group CEO
Troy Parwata
Group CFOManaging Director
Agung Kusumo
Managing Director
Titien Supeno HR Director
MPM Group listed as one of 50 Best Companies by Forbes Indonesia
Aug 16 Sep 16
FKT received 2 Best Brand Awards for The Best W Matic Lu ri a t a d
The Best W Lu ri a t
MPM Group received the Indonesia Living Legend Companies Award 2016
– as The Strong Business Fundamentals in
Automotive Component Industry from Warta Ekonomi magazine
Nov 16
Federal Oil received Social Media Award for category 2W Engine
Lubricant
Oct 16 Sep 16
MPMInsurance awarded The Best Financial Performance General
Insurance 2016 from Warta Ekonomi magazine for category of company asset
between IDR 400 - 600 bio
Mulia opened MPM Learning Center Safety Riding Center in Sidoarjo
Sep 16
10
Rp 12,000
Rp 14,000
Rp 15,000
Rp 16,000
USD Spot Rate
Market Spot Rate
Rp 12,000
Original Coverage Settlement
Rp 2,000 subsidy – Spot Rate – Rp 15,000
Rp 2,000 subsidy
Rp 1,000 subsidy
Ave. Premium Coverage
Participants
2.18 Principal maturity Sep 2019
Coupon up to 2017 Deutsche Bank, Morgan Stanley, ANZ, MUFG
Top-Up Coverage Settlement
Market Spot Rate
Back to original cover Rp 14,000
0.73 p.a. Principal maturity Sep 2019
Deutsche Bank, Morgan Stanley
+
11
KEY MESSAGES
MPM Updates
Leading End-to-End Consumer Automotive Company in Indonesia
Company Updates
Continued scale building and growth across all business segments
Company Updates
Continued scale building and growth across all business segments
9M16 Business Segments Performance
Positive Growth in all Business Segments
9M16 Summary
- +9 YoY Revenue Growth
- -13 YoY NPATMI Growth
12
94
96
9M15 9M16
972 902
917
FY14 FY15
TTM
+2 -7
Sales Volume Unit in thousands, YoY
292 261
289
FY14 FY15
TTM
-11 Revenue in Billions of Rupiah, YoY
NPAT in Billions of Rupiah, YoY
9M16 Highlights
• 2W sales volume maintains stable growth with +2 in 9M16 relative to 9M15.
• Lebaran festive period was a positive contributing factor to the 2W sales although the various natural disasters flood,
earthquake, landslide still distracted market condition. • Higher revenue +2 YoY is driven by growth in sales volume,
increase in unit price in 2016 and greater contribution from higher price models such as the scooter and sports type.
• 13 rise in NPAT as at 9M16 as compared to 9M15 is driven by improved profitability at Retail level as well as lower interest
expense from dealers financing
.
Mulia
120 129
131
FY14 FY15
TTM
+8
MSO
FY14 FY15
TTM
13,544 14,415
+3
Key Initiatives
• Launching of new scooter sport motorcycles • Ramping-up sales promotion activities to consumer, dealers,
and financing companies • Improve cost efficiency by relocating outsourced labor
• Finalizing third warehouse construction to lower rental costs • Continuously improving current business processes
13,130
+2
+6
+11
659 674
9M15 9M16
9M15 9M16
10,694
210 238
9M15 9M16
9,823
+2
+2
+9
+13
13
-52
-73
9M15 9M16
9M15 9M16
-14
-85
-106
FY14 FY15
9M16 LTM
Sales Volume Units, YoY
NPAT in Billions of Rupiah, YoY
9M16 Highlights
FY14 FY15
TTM
1,382 3,680
5,296
Revenue in Billions of Rupiah, YoY
FY14 FY15
TTM
856
643
FY14
• Higher sales volume as at 30 September 2016 relative to same period last year +67 YoY.
• 50 increase in revenue as at 9M16 is driven by higher sales volume as compared to same period last year.
• Lower NPAT as at 9M16 as compared to 9M15 is due to higher OPEX in relation to scaling-up of the 4W operations as well as
additional interest expense which is realized after the contruction of the new dealerships are completed.
+166
+33
FY15 TTM
Key Initiatives
• Focus on sales productivity with cost efficiencies on existing dealerships
260
4,021 2,405
9M15 9M16
641 428
+67
+50
-40 +44
+147
-25 -507
14
1,166
9M15 9M16
1,262
FY14 FY15
TTM FY14
FY15 TTM
+7 -5
Sales Volume Unit in thousand litres, YoY
251 253
FY14 FY15
TTM
+20 Revenue in Billions of Rupiah, YoY
NPAT in Billions of Rupiah, YoY
9M16 Highlights
-1
62,116 59,200
• Sales volume as at September 2016 risen by 10 as compared to same period last year. Overall increase is contributed by
improving sales performance in all segments. • 8 increase in revenue as at 9M16 is in line with higher sales
volume as compared to same period last year. • Lower NPAT as at 9M16 as compared to same period last year is
due to one-off gain in the Sale of Land Building +Rp 48B in 9M15. However, if that was taken out, NPAT for the 2 periods
would be relatively similar.
63,514
Federal Oil 2W • Strengthen channel development
• Increase product quality Federal Mobil 4W
• Focusing on market growth outside Jakarta and Surabaya
• Improve B2B channels
1,678
+6
-16
253
9M15 9M16
43,667
230
9M15 9M16
230 47,981
+10
+8
-17
1,592 1,582
Key Initiatives
15
48 48
TTM figure exclude Rp 48 Billions Gain on sale of Factory
67 -1
9
FY14 FY15
TTM
-32
6
9M15 9M16
16
9M15 9M16
FY14 FY15
TTM
-9 Fleet Size Units, YoY
Revenue in Billions of Rupiah, YoY
NPAT in Billions of Rupiah, YoY
9M16 Highlights
1,165
FY14 FY15
TTM
1,123 1,084
-4
13,935 15,255
13,636
• Fleet size as at 30 September 2016 is slightly lower than last year but recovers from FY15 figure.
• 5 fall in revenue as at 9M16 in comparison to same period last year is due to lower rental income as a result of smaller
fleet size as well as decrease in used car sales. • Higher NPAT as at 30 September 2016 +144 YoY is driven
by higher finance income and other non-operating income gain on forex gain on sale of building.
-2
-3
Key Initiatives
• Improving operational efficiency and productivity • Improving the portfolio of corporate clients, including new
offerings to customers
-101
14,598 14,299
-2
855
9M15 9M16
816
-5
+144
16
TTM figure exclude Rp 32 Billions Loss on sale of Mining Vehicles
9M15 9M16
4,093 2,934
3,582
FY14 FY15
TTM
-28 New Booking in Billions of Rupiah, YoY
1,145 1,164
1,126
FY14 FY15
TTM
+2
86 27
14
FY14 FY15
TTM
-68 Revenue in Billions of Rupiah, YoY
NPAT In Billion Rupiah, YoY
9M16 Highlights
• 30 rise in new bookings as at 9M16 in comparison to 9M15 is driven by increase in overall segment categories especially
finance lease as well as greater emphasis on early monitoring system to reduce overall NPL.
• Lower NPAT as at 30 September 2016 in comparison to same period last year is due to higher provision for doubtful accounts
introduction of automatic 4W provisioning in January 2016. • NPL 90+:
3.2 3.1
