Telkom 1Q 2012 Results 30.04.2012 final
PT. Telekomunikasi Indonesia, Tbk
1Q 2012 Results
Jakarta, April 30th, 2012
Disclaimer
Today’s call and the responses to questions, may contain forward-looking statement within
the meaning of safe-harbor. Actual results could differ materially from projections,
estimations or expectations voiced during today’s call. These may involve risk and uncertainty,
and may cause actual results and development to differ substantially from those expressed or
implied in the statements. The company does not guarantee that any action, which may have
been taken in reliance of this statements.
2
Telkom Indonesia
in Brief
3
Telkom Business Portfolio
Serving more than 133 million customers through T.I.M.E Portfolio Business
TELKOM’s Business Portfolio
T
1
FWL
2
Wireless/Mobile
3
Broadband
4
SME, Enterprise,
& Wholesale
I
5
M.E
6
7
9
METRA Holding
vehicle
I
M.E
8
NGN
IT Services &
E-Money
Media &
Edutainment
International Business
Others
4
Telco Penetration
Fixed
Wireline
Fixed
Wireless
Cellular
Broadband
8.7Mn
31.3Mn
255.3Mn
11.6Mn
4%
13%
107%
5%
± 99%
± 48%
± 43%
± 61%
Industry
Penetration
Over Population
Telkom
Market Share
Indonesia Population
Population: approx. 237.6 million + (source: BPS)
Young dynamic population approx. 56%
Source : internal market research as of Mar 2012 & Company Data
8%
56%
27%
9%
0-14
15-19
20-59
60+
5
Telkom Indonesia Ownership
Foreign Investor
7.5Bn
Government
10.3Bn
39%
Telkom Indonesia is listed at
Indonesia Stock Exchange (IDX),
New York Stock Exchange
(NYSE), London Stock Exchange
(LSE) and also Publicly Offering
Without Listing (POWL) in
Japan.
54%
7%
Local Investor
1.4Bn
* Exclude Treasury Stock 940,605,460 shares
6
Highlights of 1Q 2012 Results
Our consolidated revenue grew by 6.5% YoY and our celullar operation
recorded an 8.9% YoY revenue growth to Rp12.3 trillion.
Our broadband users grew by 35.9% YoY:
• Fixed broadband users grew to 1.9 millions.
• Mobile broadband users reached 5.2 millions.
• Blackberry users reached 3.3 millions.
The expense declined by 11.7% QoQ as a result of continuous cost leadership
program that has been implemented for a couple of years.
We recorded a 2.8% QoQ increase in EBITDA margin to 54.1%
7
Business Results
(Financial & Operational)
Broadband Business
46.6%
8.5
5.8
Flash
85.0%
1.82
5.2
4.3
Blackberry
3.3
0.98
1.5
1Q11
1Q12
1Q11
5.2%
1.8
1Q12
8.1%
1.04
1.9
0.96
1Q11
1Q12
1Q11
1Q12
9
Cellular
10.6%
109.9
Prepaid
99.4
107.7
97.2
Postpaid
2.2
2.2
1Q11
1Q12
18.4%
BTS
37.8
44.8
34.6
29.5
Node-B
8.3
1Q11
10.2
1Q12
10
Cellular
6.0%
7.7
6.5%
7.4
7.2
7.2
6.8
6.8
1Q11
1Q12
YoY
2Q11
3Q11
4Q11
1Q12
QoQ
11
Fixed Lines
12.0%
27.0
23.8
18.7
15.1
Wireline
8.7
8.3
1Q11
1Q12
19.8%
5.7
5.7
6.8
BTS
5.7
EVDO
1.1
1Q11
1Q12
12
Fixed Lines
4.3%
2.94
2.93
2.81
2.3%
2.88
2.87
2.81
1Q11
1Q12
YoY
2Q11
3Q11
4Q11
1Q12
QoQ
13
Financial Performance
1Q11
in Rp Tn
100.7
104.6
Liabilities
40.5
40.2
0.5%
Equity
47.2
49.7
5.2%
Revenue
16.7
17.8
6.5%
Expense
11.4
11.8
3.2%
EBITDA
8.6
9.6
51.7%
54.1%
2.8
3.3
Asset
Financial Position
Comprehensive
Income
1Q12
EBITDA Margin
Net Income
3.8%
11.4%
2.4%
17.5%
14
Comprehensive Income
Revenue contribution
40%
40%
33%
34%
1Q11, Rp16.7Tn
1Q12, Rp17.8Tn
18%
16%
5%
Cellular
Data, internet &
IT
Fixed line
5%
Interconnection
2%
2%
Network
3%
3%
Other
Expense contribution
36%
33%
1Q11, Rp11.4Tn
30%
29%
1Q12, Rp11.8Tn
17%
17%
7%
O&M
Depr & Amort
Personnel
8%
Interconnection
6%
5%
Marketing
5%
5%
G&A
15
Q&A
For further questions
Please Contact :
Investor Relations
Grha Citra Caraka 5th floor
Jl. Jend. Gatot Subroto Kav. 52
Jakarta, 12710
Indonesia
Tel : +62-21-5215109
Fax : +62-21-5220500
Email : investor@telkom.co.id
Website: www.telkom.co.id
1Q 2012 Results
Jakarta, April 30th, 2012
Disclaimer
Today’s call and the responses to questions, may contain forward-looking statement within
the meaning of safe-harbor. Actual results could differ materially from projections,
estimations or expectations voiced during today’s call. These may involve risk and uncertainty,
and may cause actual results and development to differ substantially from those expressed or
implied in the statements. The company does not guarantee that any action, which may have
been taken in reliance of this statements.
2
Telkom Indonesia
in Brief
3
Telkom Business Portfolio
Serving more than 133 million customers through T.I.M.E Portfolio Business
TELKOM’s Business Portfolio
T
1
FWL
2
Wireless/Mobile
3
Broadband
4
SME, Enterprise,
& Wholesale
I
5
M.E
6
7
9
METRA Holding
vehicle
I
M.E
8
NGN
IT Services &
E-Money
Media &
Edutainment
International Business
Others
4
Telco Penetration
Fixed
Wireline
Fixed
Wireless
Cellular
Broadband
8.7Mn
31.3Mn
255.3Mn
11.6Mn
4%
13%
107%
5%
± 99%
± 48%
± 43%
± 61%
Industry
Penetration
Over Population
Telkom
Market Share
Indonesia Population
Population: approx. 237.6 million + (source: BPS)
Young dynamic population approx. 56%
Source : internal market research as of Mar 2012 & Company Data
8%
56%
27%
9%
0-14
15-19
20-59
60+
5
Telkom Indonesia Ownership
Foreign Investor
7.5Bn
Government
10.3Bn
39%
Telkom Indonesia is listed at
Indonesia Stock Exchange (IDX),
New York Stock Exchange
(NYSE), London Stock Exchange
(LSE) and also Publicly Offering
Without Listing (POWL) in
Japan.
54%
7%
Local Investor
1.4Bn
* Exclude Treasury Stock 940,605,460 shares
6
Highlights of 1Q 2012 Results
Our consolidated revenue grew by 6.5% YoY and our celullar operation
recorded an 8.9% YoY revenue growth to Rp12.3 trillion.
Our broadband users grew by 35.9% YoY:
• Fixed broadband users grew to 1.9 millions.
• Mobile broadband users reached 5.2 millions.
• Blackberry users reached 3.3 millions.
The expense declined by 11.7% QoQ as a result of continuous cost leadership
program that has been implemented for a couple of years.
We recorded a 2.8% QoQ increase in EBITDA margin to 54.1%
7
Business Results
(Financial & Operational)
Broadband Business
46.6%
8.5
5.8
Flash
85.0%
1.82
5.2
4.3
Blackberry
3.3
0.98
1.5
1Q11
1Q12
1Q11
5.2%
1.8
1Q12
8.1%
1.04
1.9
0.96
1Q11
1Q12
1Q11
1Q12
9
Cellular
10.6%
109.9
Prepaid
99.4
107.7
97.2
Postpaid
2.2
2.2
1Q11
1Q12
18.4%
BTS
37.8
44.8
34.6
29.5
Node-B
8.3
1Q11
10.2
1Q12
10
Cellular
6.0%
7.7
6.5%
7.4
7.2
7.2
6.8
6.8
1Q11
1Q12
YoY
2Q11
3Q11
4Q11
1Q12
QoQ
11
Fixed Lines
12.0%
27.0
23.8
18.7
15.1
Wireline
8.7
8.3
1Q11
1Q12
19.8%
5.7
5.7
6.8
BTS
5.7
EVDO
1.1
1Q11
1Q12
12
Fixed Lines
4.3%
2.94
2.93
2.81
2.3%
2.88
2.87
2.81
1Q11
1Q12
YoY
2Q11
3Q11
4Q11
1Q12
QoQ
13
Financial Performance
1Q11
in Rp Tn
100.7
104.6
Liabilities
40.5
40.2
0.5%
Equity
47.2
49.7
5.2%
Revenue
16.7
17.8
6.5%
Expense
11.4
11.8
3.2%
EBITDA
8.6
9.6
51.7%
54.1%
2.8
3.3
Asset
Financial Position
Comprehensive
Income
1Q12
EBITDA Margin
Net Income
3.8%
11.4%
2.4%
17.5%
14
Comprehensive Income
Revenue contribution
40%
40%
33%
34%
1Q11, Rp16.7Tn
1Q12, Rp17.8Tn
18%
16%
5%
Cellular
Data, internet &
IT
Fixed line
5%
Interconnection
2%
2%
Network
3%
3%
Other
Expense contribution
36%
33%
1Q11, Rp11.4Tn
30%
29%
1Q12, Rp11.8Tn
17%
17%
7%
O&M
Depr & Amort
Personnel
8%
Interconnection
6%
5%
Marketing
5%
5%
G&A
15
Q&A
For further questions
Please Contact :
Investor Relations
Grha Citra Caraka 5th floor
Jl. Jend. Gatot Subroto Kav. 52
Jakarta, 12710
Indonesia
Tel : +62-21-5215109
Fax : +62-21-5220500
Email : investor@telkom.co.id
Website: www.telkom.co.id