2
DOMESTIC CEMENT CONSUMPTION 1H-2012
DESCRIPTION 1H-12
1H CHANGE
DOMESTIC 10. 3
9. 2 12. 2
- GRESIK - PADANG
- TONASA 5. 15
3. 14 2. 00
4. 70 2. 73
1. 74 9. 7
15. 1 14. 7
EXPORT 0. 33
0, 61 45. 2
GRAND TOTAL 10. 32
9. 23 11. 9
1H-2012 - SMGR Sales Volume
million tons
1H-2012 – Domest ic Consumpt ion
million tons
Sour ce: Indonesi a Cement Associ at i on
AREA 1H-12
1H-11 Change
Industry Sales Type mio tons
1H-12 1H-11
YoY Change
Bag 21. 0 81
18. 4 82 14. 1
Bul k 4. 8 19
4. 0 18 20. 0
i ncl udi ng 458, 235 t ons cement pr oduct i on f r om Tuban
IV dur i ng commi ssi oni ng per i od of Feb - June 2012
Jakart a 2, 484, 790
2, 278, 949 9. 0
Bant en 1, 545, 781
1, 303, 407 18. 6
West Java 3, 742, 211
3, 290, 211 13. 7
Cent ral Java 2, 784, 663
2, 415, 427 15. 3
Yogyakart a 381, 536
351, 311 8. 6
East Java 3, 221, 031
2, 717, 672 18. 5
Tot al Java 14, 160, 011
12, 356, 977 14. 6
Sumat era 5, 821, 758
5, 333, 487 9. 2
Kalimant an 1, 981, 115
1, 590, 774 24. 5
Sulawesi 1, 893, 028
1, 579, 691 19. 9
Nusa Tenggara 1, 451, 110
1, 220, 278 18. 9
Maluku Papua 584, 503
412, 203 41. 8
TOTAL INDONESIA 25, 891, 526
22, 492, 410 15. 1
Export Cement 47, 508
154, 582 69. 3
Export Clinker 100, 416
442, 271 77. 3
Tot al Export 147, 924
596, 853 75. 3
GRAND TOTAL 26, 039, 450
23, 089, 262 12. 8
FINANCIAL SUMMARY: 1H-2012 RESULTS
EBITDA Rp bil l ion
NET INCOME Rp bil l ion NET INCOME Rp bil l ion
EBITDA Margin EBITDA Margin
1H-08 1H-09
1H-10 1H-11
1H-12 31. 3
31. 5 34. 1
33. 2 33. 4
NET INCOME Margin NET INCOME Margin
1H-08 1H-09
1H-10 1H-11
1H-12 19. 9
22. 4 24. 4
24. 6 24. 3
Description Rpbn 1H2011
1H2012
Change Revenue
7. 606 8, 658
13. 8
Cost of revenue
4, 110 4, 696
14. 2
Gross profit
3, 496 3, 961
13. 3
Operating expenses
1, 223 1, 364
11. 5
Operating income
2, 301 2, 644
14. 8
Ebitda
2, 528 2, 894
14. 4
Net Income
1, 873 2, 103
12. 3
EPS full amount
316
355
12. 3
2894 2528
2.273 2.129
1.782
500 1.000
1.500 2.000
2.500 3.000
3.500
1H-08 1H-09
1H-10 1H-11
1H-12
2103
1.136 1.514
1.627 1873
425 850
1.275 1.700
2.125
1H-08 1H-09
1H-10 1H-11
1H-12
Ratio Formula
1H 2011
1H 2012
Ebitda margin Ebitda Revenue
33.2 33.4
Interest coverage x Ebitda Interest expense
201.1 237.0
Cost ratio [COGS + Opex] Revenue
70,1 70,0
Total debt to equity Total debt Total equity
9.1 15.8
Total debt to asset Total debt Total asset
6.3 10.44
Total debt calculated from interest bearing debt
PRODUCTION PERFORMANCE
Unit
Cement Product ion Growt h
•
Semen Gresik
•
Semen Padang
•
Semen Tonasa 5, 143, 351
3, 254, 276 2, 030, 194
11. 5 13. 5
14. 4 TOTAL
10, 427, 821 12. 7
1H-2012
PROGNOSES 2H-2012
Unit Prognoses Product ion
Growt h
•
Semen Gresik
•
Semen Padang
•
Semen Tonasa 6, 407, 300
3, 292, 850 2, 574, 159
23. 7 3. 0
22. 9 TOTAL
12, 274, 309 16. 3
TARGET 2013
Unit Cement Product ion
•
Semen Gresik
•
Semen Padang
•
Semen Tonasa 12, 800, 000
6, 500, 000 6, 300, 000
TOTAL 25, 600, 000
5 5
Cement Finish Grinding Preparation Bored Pile
Preheater Tonasa V
Jetty Extension Area
T u
b a
n T
u b
a n
T o
n a
sa T
o n
a sa
T o
n a
sa T
o n
a sa
New Pow er Plant Area
CEMENT PLANTS POWER PLANT PROJECTS
These st rat egic proj ect s wil l ensure sust ainabil it y of t he Company’ s market l eadership
Preheater Tuban IV
Blending Silo Tonasa V
New Plants Location
Capacity mn tons
Investment US mn
Construction Start
Completed
Tuban IV 3. 0
355 2009
Jun 2012 Tonasa V
3. 0 315
2009 Sep 2012
Sumat era 3. 0
352 2012
Q4-2015 Java
3. 0 403
2012 Q2-2016
Sub Total 12. 0
1, 425
