MARKET UPDATE Cement Sales FY2010 and 3M-2011
DESCRIPTION 2010
2009 CHANGE
DOMESTIC 17, 64
17, 82 1. 0
EXPORT 0. 29
0, 60 52. 9
GRAND TOTAL 17, 93
18, 43 2. 8
FY 2010 - Sales Volume
million tons
Java 21, 99
21, 15 4. 0
Sumat era 9, 69
8, 87 9. 2
Kalimant an 2, 83
2, 44 15. 8
Sulawesi 3, 04
3, 00 1. 5
Nusa Tenggara 2, 32
2, 18 6. 6
Maluku Papua 0, 88
0, 80 10. 4
TOTAL IND. 40, 78
38, 46 6. 0
Export Semen 0, 77
1, 23 37. 2
Export Clinker 2, 10
2, 79 24. 7
Tot al Export 2, 88
4, 03 28. 5
GRAND TOTAL 43, 66
42, 49 2. 7
Source: Indonesia Cement Associat ion, un-audit ed figures Source: Indonesia Cement Associat ion, un-audit ed figures
16
DESCRIPTION 2011
2010 CHANGE
DOMESTIC 5, 849, 590
5, 585, 073 5. 0
EXPORT 40, 923
15, 250 168. 3
GRAND TOTAL 5, 890, 513
5, 600, 323 5. 2
Jakart a 1, 468, 803
1, 174, 745 25. 0
Bant en 809, 992
643, 227 26. 0
West Java 2, 095, 163
1, 748, 956 19. 8
Cent ral Java 1, 472, 402
1, 288, 438 14. 3
Yogyakart a 216, 340
184, 219 17. 4
East Java 1, 698, 682
1, 759, 015 3. 4
Tot al Java 7, 761, 382
6, 798, 600 14. 2
Sumat era 3, 473, 866
3, 050, 715 13. 9
Kalimant an 1, 000, 256
995, 124 0. 5
Sulawesi 1, 037, 634
1, 032, 000 0. 5
Nusa Tenggara 753, 876
729, 807 3. 3
Maluku Papua 281, 402
320, 962 12. 3
TOTAL INDONESIA 14, 308, 416
12, 927, 208 10. 7
Export Semen 116, 858
144, 197 19
Export Clinker 350, 631
744, 714 52. 9
Tot al Export 467, 489
888, 911 47. 4
GRAND TOTAL 14, 775, 904
13, 816, 119 7. 0
4M-2011 - Sales Volume
million tons
17
FINANCIAL UPDATE
FY2010
SMGR Corporat e Present at ion May 2011
18 18
FINANCIAL SUMMARY: FY2010 RESULTS
EBITDA Rp bil l ion
NET INCOME Rp bil l ion NET INCOME Rp bil l ion
EBITDA Margin EBITDA Margin
FY06 FY07
FY08 FY09
FY10
25. 6 29. 7
31. 7 33. 2
34. 6
NET INCOME Margin NET INCOME Margin
FY06 FY07
FY08 FY09
FY10
14. 8 18. 5
20. 7 23. 1
25. 3
Description Rpbn
FY2009 FY2010
Change
Revenue 14,388
14,344 0.3
Cost of revenue 7,614
7,534 1.0
Gross profit 6,774
6,810 0.5
Operating expenses 2,432
2,321 4.5
Operating income 4,343
4,489 3.4
Ebitda 4,773
4,970 4.1
Net Income 3,326
3,633 9.2
EPS full amount 566
613 8.3
4,970 4,773
3,867 2,849
2,234
1.000 2.000
3.000 4.000
5.000
2006 2007
2008 2009
2010
3,633 3,326
2,524 1,775
1,296
1.000 2.000
3.000 4.000
2006 2007
2008 2009
2010
19 19
FINANCIAL SUMMARY: 1Q-2011 RESULTS
EBITDA Rp bil l ion
NET INCOME Rp bil l ion NET INCOME Rp bil l ion
EBITDA Margin EBITDA Margin
3M-07 3M-08
3M-09 3M-10
3M-11 25. 5
34. 4 30. 2
34. 6 33. 3
NET INCOME Margin NET INCOME Margin
3M-07 3M-08
3M-09 3M-10
3M-11 15. 7
20. 2 21. 0
24. 7 24. 4
Description Rpbn
1Q2010 1Q2011
Change
Revenue 3,247
3,553 9.5
Cost of revenue 1,705
1,910 12.0
Gross profit 1,541
1,644 6.6
Operating expenses 530
586 10.5
Operating income 1,011
1,058 4.6
Ebitda 1,125
1,185 5.3
Net Income 802
871 8.5
EPS full amount 135
147 8.5
1.185 1.125
974 881
537
250 500
750 1.000
1.250
3M-07 3M-08
3M-09 3M-10
3M-11
871 802
681 519
330
200 400
600 800
1000
3M-07 3M-08
3M-09 3M-10
3M-11
20
STRATEGIC PROJECTS
SMGR Corporat e Present at ion May 2011
21 21
Cement Finish Grinding Preparation Bored Pile
Coal Storage Steel Structure
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
New Plants Location
Capacity mn tons
Investment US mn
Construction Start
Completed
Java 2. 5
304 2009
2012 Sul awesi
2. 5 290
2009 2011
Sub Total 5. 0
594
Power Plants Location
Capacity MW
Investment US mn
Construction Start
Completed
Sul awesi 2 x 35
114 2010
2012
TOTAL CAPEX US 708mn
STRATEGIC 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
Progress of Tonasa V Cement Plant Project Progress of Tuban IV Cement Plant Project
Progress of Pow er Plant Project - Tonasa 2 x 35 M W
PROGRESS OF CEMENT POWER PLANT PROJECTS – April 30, 2011
22 22
Description Weight
Planning Actual
Preparat ion 0. 39
87. 23 93. 82
Management 2. 88
80. 89 86. 62
Engineering 3. 83
100. 00 100. 00
Procurement 72. 82
94. 40 92. 43
Const ruct ion 18. 03
70. 59 55. 71
Commissioning 2. 05
3. 52 3. 52
Total 100
88. 04 84. 11
