MARKET UPDATE Cement Sales FY2010 and Jan. 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 - SMGR Sales Volume
million t ons
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
15
DESCRIPTION 2011
2010 CHANGE
DOMESTIC 1, 455, 543
1, 444, 825 0. 7
EXPORT 5, 863
6, 350 7. 7
GRAND TOTAL 1, 461, 406
1, 451, 175 0. 7
Jakart a 373, 158
297, 325 25. 5
Bant en 198, 109
179, 536 10. 3
West Java 542, 318
433, 496 25. 1
Cent ral Java 377, 714
333, 163 13. 4
Yogyakart a 52, 211
53, 751 2. 9
East Java 440, 359
506, 099 13. 0
Tot al Java 1, 983, 869
1, 803, 370 10. 0
Sumat era 823, 624
809, 046 1. 8
Kalimant an 244, 186
243, 311 0. 4
Sulawesi 245, 291
220, 218 11. 4
Nusa Tenggara 172, 098
218, 920 21. 4
Maluku Papua 56, 324
67, 456 16. 5
TOTAL INDONESIA 3, 525, 392
3, 362, 322 4. 8
Export Semen 22, 085
21, 064 4. 8
Export Clinker 111, 204
106, 573 4. 3
Tot al Export 133, 289
127, 637 4. 4
GRAND TOTAL 3, 658, 681
3, 489, 959 4. 8
Jan 2011 - SMGR Sales Volume
million t ons
16
FINANCIAL UPDATE
9M2010
SMGR Corporat e Present at ion March 2011
17 17
FINANCIAL SUMMARY: 9M-2010 and FY2010 F RESULTS
EBITDA Rp bil l ion
NET INCOME Rp bil l ion NET INCOME Rp bil l ion
EBITDA Margin EBITDA Margin
34. 5
9M10
35. 0
FY10F 9M06
9M07 9M08
9M09
27. 1 29. 2
31. 6 32. 5
NET INCOME Margin NET INCOME Margin
24. 5
9M10 9M06
9M07 9M08
9M09 FY10F
15. 8 17. 9
20. 3 23. 1
24. 6
4859 3546
3379 2783
2063 1760
500 1500
2500 3500
4500
9M-06 9M-07
9M-08 9M-09
9M-10 FY10F
3490 2522
2408 1791
1272 1027
500 1250
2000 2750
3500
9M-06 9M-07
9M-08 9M-09
9M-10 FY10F
3.5 4.7
4.9 4.8
3.8 5.1
1.1
Change
588 3,490
4,859 4,434
6,738 7,490
14,228 FY2010
F
Description
Rp bn
9M-09 9M-10
Net Revenue 10,404
10,292 Cost of Revenue
5,647 5,356
Gross Profit 4,757
4,936 Operating Income
3,059 3,207
EBITDA 3,379
3,546 Net Income
2,408 2,522
EPS full amount 411
425
18
STRATEGIC PROJECTS
SMGR Corporat e Present at ion March 2011
19 19
Cement Finish Grinding Preparation Bored Pile
Coal Storage Steel Structure
Cement Silo Pile Cap Preparation
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
M ain Substation
Elect rical Equipment Foundation
These st rat egic proj ect s wil l ensure sust ainabil it y of t he Company’ s market l eadership
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 – Jan. 31, 2011
Preheater Tuban IV
Blending Silo Tonasa V
Description Weight
Planning Actual
Preparat ion 0. 39
78. 34 84. 27
Management 2. 88
73. 91 79. 23
Engineering 3. 83
99. 48 99. 51
Procurement 72. 82
83. 93 85. 15
Const ruct ion 18. 03
53. 51 47. 68
Commissioning 2. 05
3. 52 3. 52
Total 100
77. 08 77. 10
