MARKET UPDAT E Cement Sales 11M2010
DESCRIPTION 11M2010
11M2009 CHANGE
DOMESTIC 15. 90
16. 17 1. 7
EXPORT 0. 24
0. 61 59. 8
GRAND TOTAL 16. 15
16. 78 3. 8
SMGR Sales Volume
million t ons
DESCRIPTION 11M2010
11M2009 CHANGE
Jakart a 3. 43
3. 28 4. 7
Bant en 1. 88
1. 74 8. 2
West Java 5. 31
5. 03 5. 6
Cent ral Java 4. 06
4. 13 1. 9
Yogyakart a 0. 54
0. 56 3. 3
East Java 4. 59
4. 58 0. 2
Total Java 19. 84
19. 35 2. 5
Sumat era 8. 73
7. 93 10. 1
Kal imant an 2. 57
2. 28 12. 9
Sul awesi 2. 72
2. 75 0. 8
Nusa Tenggara 2. 18
2. 02 7. 8
Mal uku Papua 0. 80
0. 82 1. 8
TOTAL INDONESIA
36. 87 35. 16
4. 9
Export Semen 0. 69
1. 19 41. 7
Export Cl inker 1. 89
2. 59 27. 1
Tot al Export 2. 58
3. 78 31. 7
GRAND TOTAL
39. 46 38. 95
1. 3
Indust ry Sales Volume
million t ons
Source: Indonesia Cement Associat ion, un-audit ed figures Source: Indonesia Cement Associat ion, un-audit ed figures
15
16 16
MARKET BY GEOGRAPHY 11M2010
Domestic Consumption – Java remains as the largest market
23.7 7.4
7.1 5.9
2.3
East of Indonesia Nusa Tenggara
Kalimantan Sulawesi
Java
53.6.
Sumatera
Domestic Market Share
Source: ASI Indonesi a Cement Associ at i on Source: ASI Indonesi a Cement Associ at i on
SG SP
ST
1 2
3 4
5 6
REGION
MARKET SHARE SMGR
INTP SMCB
BSWA ANDLS BTRJA
1. JAVA 38. 2
40. 2 19. 2
2. 4 -
0. 04 2. SUMATERA
44. 3 15. 6
9. 3 2. 2
16. 6 11. 9
3. SULAWESI 60. 7
15. 8 0. 8
22. 7 -
- 4. KALIMANTAN
54. 6 26. 3
10. 4 8. 7
- -
5. NUSA TENGGR. 36. 9
39. 3 4. 2
19. 6 -
- 6. EASTERN IND.
70. 7 15. 8
0. 9 12. 5
- -
TOTAL INDONESIA
43. 1 31. 0
13. 6 5. 5
3. 9 2. 9
DOMESTIC MARKET CONSUMPTION
Retail residential sector is the largest consumer of cement in Indonesia
17
Bag
80
Bulk 20
Key Drivers of Domestic cement demand:
• National Economic Growth
• Favorable Interest Rat e Environment
•
Infrastructure Expansion
• Per Capita Consumption increase from current low levels
•
Ready-mix inf rast ruct ure:
±
50
•
Fabricat or pre-cast , f iber cement , cement based indust ry:
±
45
•
Proj ect s mort ar, render:
±
5
•
Ready-mix inf rast ruct ure:
±
50
•
Fabricat or pre-cast , f iber cement , cement based indust ry:
±
45
•
Proj ect s mort ar, render:
±
5
•
Housing:
±
90
•
Cement based indust ry:
±
10
•
Housing:
±
90
•
Cement based indust ry:
±
10
± ±
Source: Int ernal Research
18
FINANCIAL UPDATE
9M2010
SMGR Corporat e Present at ion December 2010
19 19
FINANCIAL SUMMARY 9M-2010 RESULTS
EBITDA Rp bill ion
NET INCOME Rp bil lion NET INCOME Rp bil lion
EBITDA Margin EBITDA Margin
9M06 9M07
9M08 9M09
9M10
27. 1 29. 2
