MATERI PUBLIC EXPOSE 2013 ENG
Unofficial Translation
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
TABLE OF CONTENTS
Company Overview
Financial 9 Months Overview
Significant Achievements
Corporate Social Responsibility (CSR)
Question & Answer
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
COMPANY OVERVIEW
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
COMPANY SHAREHOLDERS
PT Dian Swastatika Sentosa Tbk
66.9998%
GMR Coal Resources Pte Ltd
30.0000%
Publik
3.0000%
PT Sinar Mas Cakrawala
0.0002%
PT Golden Energy Mines Tbk (GEMS) first listed in Bursa Efek Indonesia (IDX) at 17 November 2011
Number of Shares : 5,882,353,000 shares
Market Capitalization per 30 September 2013 : Rp. 12,941,176,600,000,- (US$ 1,114,369,809)
*) Rp 2,200/share; Rp 11,613/US$ (Middle Rate of Bank Indonesia)
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
CORPORATE STRUCTURE
Subsidiaries majority owned by GEMS:
TBBU: PT Tanjung Belit Bara Utama
RCI: PT Roundhill Capital Indonesia
KCP: PT Karya Cemerlang Persada
BIB: PT Borneo Indobara
BBU: PT Bungo Bara Utama
TKS: PT Trisula Kencana Sakti
BHBA: PT Bara Harmonis Batang Asam
KIM: PT Kuansing Inti Makmur
BNP: PT Berkat Nusantara Permai
GEMS CR: GEMS Coal Resources Pte. Ltd
BAS : PT Bumi Anugerah Semesta, established on August 19th , 2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
MINE LOCATION
TKS
Central of Kalimantan
KIM Block
BIB
Jambi
South of Kalimantan
License
Area
Location
BIB
KIM
TKS
PKP2B Gen. 2 : 2006 - 2036
24,100 ha
Tanah Bumbu Regency, South of
Kalimantan
IUP 2009 – 2029
2,610 ha
Bungo Regency, Jambi
2009 – 2028
11,455 ha
Barito Utara and Barito Timur Regency,
Central of Kalimantan
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
FINANCIAL PERFORMANCE
GROSS PROFIT
NET SALES
Billion Rupiah
800
700
600
500
400
300
200
100
0
Billion Rupiah
3,500
3,000
2,500
2,000
1,500
3,016
7.92 %
571
616
9 months ended 30 Sept 2012
9 months ended 30 Sept 2013
3,015
Percentage
1,000
500
25
0
20
9 months ended 30 Sept 2012
9 months ended 30 Sept 2013
1.51 %
15
10
18.93%
20.44%
5
0
9 months ended 30 Sept 2012 9 months ended 30 Sept 2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
FINANCIAL PERFORMANCE
EBITDA
PROFIT BEFORE TAX
Billion Rupiah
Billion Rupiah
400
400
300
300
16.90 %
11.86 %
200
200
100
208
232
9 months ended 30 Sept 2012
9 months ended 30 Sept 2013
0
100
275
235
0
9 months ended 30 Sept 2012
9 months ended 30 Sept 2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
FINANCIAL PERFORMANCE
NET PROFIT
Billion Rupiah
300
200
7.25 %
100
159
171
9 months ended 30 Sept 2012
9 months ended 30 Sept 2013
0
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
STATEMENTS OF FINANCIAL POSITION
ASSETS
Non Current Assets
Trillion Rupiah
Current Assets
4
9.64 %
3
1.644
2.211
1.796
1.561
31 December 2012
30 September 2013
2
1
0
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
STATEMENTS OF FINANCIAL POSITION
LIABILITIES
Non Current Liabilities
Billion Rupiah
Current Liabilities
41
900
800
52.89 %
700
600
32
500
783
400
300
200
506
100
0
31 December 2012
30 September 2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
STATEMENTS OF FINANCIAL POSITION
EQUITY
Trillion Rupiah
4
1.60 %
3
2
2.901
2.948
31 December 2012
30 September 2013
1
0
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
FINANCIAL RATIOS
Description
30-Sep-12
30-Sep-13
Debts/Equity Ratio (times)
*
0.01
Debts/Assets Ratio (times)
*
0.01
Return On Equity (%)
5%
6%
Debts/EBITDA (times)
*
0.13
4,316.01
8,488.72
EBITDA/Interest ( times )
*) The Company does not has any debts as of 30 Sept 2012
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
SIGNIFICANT ACHIEVEMENTS
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
BUNATI PROJECT
The Company through its subsidiary PT Borneo Indobara (BIB) conducts conveyor infrastructure
Construction located in Bunati Village, Angsana District, Tanah Bumbu Regency, South of Kalimantan.
Bunati Project
Newline Conveyor CAP 2000 TPH Construction
Telescopic Chute C/W Travelling Construction
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
BUNATI PROJECT
Newline Conveyor CAP 2000 TPH
Progress
• Target completion in 2013.
• Capacity Expansion from 4 million to 12 million Mt.
Erection strucktur transfer tower
*)per 25 October 2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
BUNATI PROJECT
Telescopic Chute Project
Progress*
100%
Objectives
Reduce environmental pollution of dust barge loading
conveyor
Avoiding loss wind-blown coal
Meet the EIA (AMDAL) requirement
*)per 25 October 2013
Telescopic chute to install on the Existing Barge Loading Conveyor, capacity up to 1000 tph
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
NILAU PROJECT
The Company through its subsidiary, PT Tanjung
Belit Bara Utama (TBBU) conducts the
infrastructure construction in Teluk Nilau Village,
Pengabuan District, Tanjung Jabung Barat
Regency, Jambi (Nilau Project).
Description
New Road Construction to Nilau Port
NILAU PROJECT
Nilau Port Construction
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
NILAU PROJECT
- New Road Development & Contruction
• Hauling road
construction with a
total distance of ±31.9
km.
• Road Capacity up to 3
juta Mtpa.
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
NILAU PROJECT– Port Construction
Dolphins & Barge Loading Conveyor
Coal Stockyard and Conveyor System
Progress *
• Port Capacity up to 2 -3 milion Mtpa.
99%
*) Per 25 Oktober 2013
• Start to operate on January 2014
• Shipment Target up to 50 thousand / month or 600 thousand mt
/ year.
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
MESS & KIM OFFICE CONSTRUCTION PROJECT
The Company through its subsidiary, PT Kuansing Inti Makmur (KIM) conducts the
infrastructure development in Desa Tajung Belit, Jujuban District, Bungo Regency, Jambi.
> BACKGROUND
Growing Need for Landfill Area Outside the Pit
Limited Availability of Land
High Land Acquisition Value
Fall in Coal Sale Price
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
MESS & KIM OFFICE CONSTRUCTION PROJECT
> Objectives
> Progress
The additional of disposal area with a capacity of 8 million Bcm
54%
To reduce transportation distance by up to 800 meter
Per 30 September 2013
To reduce the transportation cost by up to USD 2.5 million*
Improvement of mine site layout and better work monitoring
*)at IDR 11,000/liter of diesel
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
SIGNIFICANT ACHIEVEMENTS
Production Volume
Projection Oct - Dec 2013
Company Actual Production Ytd 30 Sept 2013
Million Tons
5.5 million Tons
6
5
1.799
4
3
4.390
2
1
5.345
3.701
1.765
0
2010
2011
2012
2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
SIGNIFICANT ACHIEVEMENTS
Projection Trading Oct-Dec 2013
Trading YTD 30 Sept 2013
Projection Mining Oct - Dec 2013
Mining YTD 30 Sept 2013
Sales Volume
Million Ton
10
8.6 Milion Ton
7.687
8
5.688
6
2.175
1.576
4
2
0.916
2.184
1.765
2.064
0.607
4.113
5.512
3.735
1.457
0
2010
2011
2012
2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
OUR MARKET
NET SALES
China
9 months ended 30 Sept 2013
Pakistan
Thailand
India
51%
49%
Malaysia
Indonesia
Domestic
Export
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
CORPORATE SOCIAL RESPONSIBILITY
(CSR)
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
CORPORATE SOCIAL RESPONSIBILITY (CSR)
The Company is committed to develop the community around the Company through various activities
which can create long term values, which classifies such activities into 5 (five) main activities through:
Education
Economic Assistance
Health & Environment Sector
Infrastructure Development
Public Relation Sector
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
CORPORATE SOCIAL RESPONSIBILITY (CSR)
The Company's CSR programs through BIB in Health and Environment sector in collaboration with the
Health Center Sebamban I Loban River District, Tanah Bumbu Region, South of Kalimantan.
Approximately 713 residents of 5 villages get Free Examination & Treatment for Mild disease.
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
CORPORATE SOCIAL RESPONSIBILITY (CSR)
The Company CSR Program of
developing Nurul Ihsan Mouque
through KIM, at Bungo Regency,
Jambi
The Company CSR Program of
handing over an ambulance
through KIM to Bungo Regency
Government, Jambi
The Company CSR Program of
Car Accident Rescue and
Firefighting Flight through KIM
to Bungo Regency Government,
Jambi
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
QUESTION & ANSWER
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
THANK YOU
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
TABLE OF CONTENTS
Company Overview
Financial 9 Months Overview
Significant Achievements
Corporate Social Responsibility (CSR)
Question & Answer
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
COMPANY OVERVIEW
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
COMPANY SHAREHOLDERS
PT Dian Swastatika Sentosa Tbk
66.9998%
GMR Coal Resources Pte Ltd
30.0000%
Publik
3.0000%
PT Sinar Mas Cakrawala
0.0002%
PT Golden Energy Mines Tbk (GEMS) first listed in Bursa Efek Indonesia (IDX) at 17 November 2011
Number of Shares : 5,882,353,000 shares
Market Capitalization per 30 September 2013 : Rp. 12,941,176,600,000,- (US$ 1,114,369,809)
*) Rp 2,200/share; Rp 11,613/US$ (Middle Rate of Bank Indonesia)
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
CORPORATE STRUCTURE
Subsidiaries majority owned by GEMS:
TBBU: PT Tanjung Belit Bara Utama
RCI: PT Roundhill Capital Indonesia
KCP: PT Karya Cemerlang Persada
BIB: PT Borneo Indobara
BBU: PT Bungo Bara Utama
TKS: PT Trisula Kencana Sakti
BHBA: PT Bara Harmonis Batang Asam
KIM: PT Kuansing Inti Makmur
BNP: PT Berkat Nusantara Permai
GEMS CR: GEMS Coal Resources Pte. Ltd
BAS : PT Bumi Anugerah Semesta, established on August 19th , 2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
MINE LOCATION
TKS
Central of Kalimantan
KIM Block
BIB
Jambi
South of Kalimantan
License
Area
Location
BIB
KIM
TKS
PKP2B Gen. 2 : 2006 - 2036
24,100 ha
Tanah Bumbu Regency, South of
Kalimantan
IUP 2009 – 2029
2,610 ha
Bungo Regency, Jambi
2009 – 2028
11,455 ha
Barito Utara and Barito Timur Regency,
Central of Kalimantan
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
FINANCIAL PERFORMANCE
GROSS PROFIT
NET SALES
Billion Rupiah
800
700
600
500
400
300
200
100
0
Billion Rupiah
3,500
3,000
2,500
2,000
1,500
3,016
7.92 %
571
616
9 months ended 30 Sept 2012
9 months ended 30 Sept 2013
3,015
Percentage
1,000
500
25
0
20
9 months ended 30 Sept 2012
9 months ended 30 Sept 2013
1.51 %
15
10
18.93%
20.44%
5
0
9 months ended 30 Sept 2012 9 months ended 30 Sept 2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
FINANCIAL PERFORMANCE
EBITDA
PROFIT BEFORE TAX
Billion Rupiah
Billion Rupiah
400
400
300
300
16.90 %
11.86 %
200
200
100
208
232
9 months ended 30 Sept 2012
9 months ended 30 Sept 2013
0
100
275
235
0
9 months ended 30 Sept 2012
9 months ended 30 Sept 2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
FINANCIAL PERFORMANCE
NET PROFIT
Billion Rupiah
300
200
7.25 %
100
159
171
9 months ended 30 Sept 2012
9 months ended 30 Sept 2013
0
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
STATEMENTS OF FINANCIAL POSITION
ASSETS
Non Current Assets
Trillion Rupiah
Current Assets
4
9.64 %
3
1.644
2.211
1.796
1.561
31 December 2012
30 September 2013
2
1
0
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
STATEMENTS OF FINANCIAL POSITION
LIABILITIES
Non Current Liabilities
Billion Rupiah
Current Liabilities
41
900
800
52.89 %
700
600
32
500
783
400
300
200
506
100
0
31 December 2012
30 September 2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
STATEMENTS OF FINANCIAL POSITION
EQUITY
Trillion Rupiah
4
1.60 %
3
2
2.901
2.948
31 December 2012
30 September 2013
1
0
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
FINANCIAL RATIOS
Description
30-Sep-12
30-Sep-13
Debts/Equity Ratio (times)
*
0.01
Debts/Assets Ratio (times)
*
0.01
Return On Equity (%)
5%
6%
Debts/EBITDA (times)
*
0.13
4,316.01
8,488.72
EBITDA/Interest ( times )
*) The Company does not has any debts as of 30 Sept 2012
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
SIGNIFICANT ACHIEVEMENTS
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
BUNATI PROJECT
The Company through its subsidiary PT Borneo Indobara (BIB) conducts conveyor infrastructure
Construction located in Bunati Village, Angsana District, Tanah Bumbu Regency, South of Kalimantan.
Bunati Project
Newline Conveyor CAP 2000 TPH Construction
Telescopic Chute C/W Travelling Construction
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
BUNATI PROJECT
Newline Conveyor CAP 2000 TPH
Progress
• Target completion in 2013.
• Capacity Expansion from 4 million to 12 million Mt.
Erection strucktur transfer tower
*)per 25 October 2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
BUNATI PROJECT
Telescopic Chute Project
Progress*
100%
Objectives
Reduce environmental pollution of dust barge loading
conveyor
Avoiding loss wind-blown coal
Meet the EIA (AMDAL) requirement
*)per 25 October 2013
Telescopic chute to install on the Existing Barge Loading Conveyor, capacity up to 1000 tph
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
NILAU PROJECT
The Company through its subsidiary, PT Tanjung
Belit Bara Utama (TBBU) conducts the
infrastructure construction in Teluk Nilau Village,
Pengabuan District, Tanjung Jabung Barat
Regency, Jambi (Nilau Project).
Description
New Road Construction to Nilau Port
NILAU PROJECT
Nilau Port Construction
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
NILAU PROJECT
- New Road Development & Contruction
• Hauling road
construction with a
total distance of ±31.9
km.
• Road Capacity up to 3
juta Mtpa.
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
NILAU PROJECT– Port Construction
Dolphins & Barge Loading Conveyor
Coal Stockyard and Conveyor System
Progress *
• Port Capacity up to 2 -3 milion Mtpa.
99%
*) Per 25 Oktober 2013
• Start to operate on January 2014
• Shipment Target up to 50 thousand / month or 600 thousand mt
/ year.
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
MESS & KIM OFFICE CONSTRUCTION PROJECT
The Company through its subsidiary, PT Kuansing Inti Makmur (KIM) conducts the
infrastructure development in Desa Tajung Belit, Jujuban District, Bungo Regency, Jambi.
> BACKGROUND
Growing Need for Landfill Area Outside the Pit
Limited Availability of Land
High Land Acquisition Value
Fall in Coal Sale Price
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
MESS & KIM OFFICE CONSTRUCTION PROJECT
> Objectives
> Progress
The additional of disposal area with a capacity of 8 million Bcm
54%
To reduce transportation distance by up to 800 meter
Per 30 September 2013
To reduce the transportation cost by up to USD 2.5 million*
Improvement of mine site layout and better work monitoring
*)at IDR 11,000/liter of diesel
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
SIGNIFICANT ACHIEVEMENTS
Production Volume
Projection Oct - Dec 2013
Company Actual Production Ytd 30 Sept 2013
Million Tons
5.5 million Tons
6
5
1.799
4
3
4.390
2
1
5.345
3.701
1.765
0
2010
2011
2012
2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
SIGNIFICANT ACHIEVEMENTS
Projection Trading Oct-Dec 2013
Trading YTD 30 Sept 2013
Projection Mining Oct - Dec 2013
Mining YTD 30 Sept 2013
Sales Volume
Million Ton
10
8.6 Milion Ton
7.687
8
5.688
6
2.175
1.576
4
2
0.916
2.184
1.765
2.064
0.607
4.113
5.512
3.735
1.457
0
2010
2011
2012
2013
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
OUR MARKET
NET SALES
China
9 months ended 30 Sept 2013
Pakistan
Thailand
India
51%
49%
Malaysia
Indonesia
Domestic
Export
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
CORPORATE SOCIAL RESPONSIBILITY
(CSR)
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
CORPORATE SOCIAL RESPONSIBILITY (CSR)
The Company is committed to develop the community around the Company through various activities
which can create long term values, which classifies such activities into 5 (five) main activities through:
Education
Economic Assistance
Health & Environment Sector
Infrastructure Development
Public Relation Sector
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
CORPORATE SOCIAL RESPONSIBILITY (CSR)
The Company's CSR programs through BIB in Health and Environment sector in collaboration with the
Health Center Sebamban I Loban River District, Tanah Bumbu Region, South of Kalimantan.
Approximately 713 residents of 5 villages get Free Examination & Treatment for Mild disease.
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
CORPORATE SOCIAL RESPONSIBILITY (CSR)
The Company CSR Program of
developing Nurul Ihsan Mouque
through KIM, at Bungo Regency,
Jambi
The Company CSR Program of
handing over an ambulance
through KIM to Bungo Regency
Government, Jambi
The Company CSR Program of
Car Accident Rescue and
Firefighting Flight through KIM
to Bungo Regency Government,
Jambi
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
QUESTION & ANSWER
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I
THANK YOU
Thursday, 5 December 2013
Narwastu Room, Sinar Mas Land Plaza Tower III ,Basement I