TLKM 1H16 Corp Presentation
Corporate Presentation
1H16
PT Telkom Indonesia (Persero) Tbk
August 2016
1
Disclaimer
This document may contain forward-looking statements within the meaning of safeharbor. Actual results could differ materially from projections, estimations or
expectations. These may involve risks and uncertainties, 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 document will bring specific results as expected.
2
TELKOM in Brief
1H16 Financial & Operational Results
Company Guidance 2016
3
Telkom and Subsidiaries
Note:
: Telecommunication
: Information, Media & Edutainment
4
Telkom Group Portfolios
with
Mobile Legacy
Mobile
Broadbandt
(CFU)
Wholesale Interconnection
International
Businest
Fixed Voice
Fixed
Broadbandt
CFU
Satellites
Towerst
CFU
"
!
Portfolios
#
Enterprise
Connectivity
IT Services
Data Center and
Cloud
BPO
Devices/Hardware
* (
$
%
"
Payments
Digital Advertising
Big Data & Other
Smart Enablers
&
Facing Units
CFU
CFU
e-Commerce
Video/TV
Mobile Digital (e.g., Games, Music)
'(
Property
CFU
)
5
Share Ownership
Government
Public
Total Shares
100,799,996,400 shares
Treasury Stock
Telkom Indonesia is listed at
Indonesia Stock Exchange (Bloomberg: TLKM IJ)
and New York Stock Exchange (TLK US)
Market Capitalization
Rp426 Tn (USD32.5 Bn)*
*as of July 29, 2016
6
TELKOM in Brief
1H16 Financial & Operational Results
Company Guidance 2016
7
1H16 Performance Highlights
Telkom Indonesia continued strong momentum with triple double-digit growth in
, +
,, and $
of - . /, 00.1/,and 22.2/ YoY
respectively.
&
3
#
sharply increased by more than 4.5/ YoY
3
#
contributed 64.-/ to total Revenue
installed - 3216 new BTSs during 1H16
Around 74/ of new BTSs are 3G/4G BTS to enhance mobile broadband
experience
8
Strong Revenue Growth, Driven by
Digital Business
.
YoY
(Rp Trillion)
61.1
24.8
25.1
22.6
1H15
1H16
15.0
4.0
Cellular Voice & SMS
Data, Internet & IT
Service (Excl. SMS)
3.9
Fixed Line Voice
2.8
3.0
Network and Other
Telco Services
2.2
1.9
Interconnection
1H15
1H16
9
Strong EBITDA & Net Income Growth with
Healthy Margins
01.1
+
, YoY
(Rp Trillion)
02.
7.7
5.6
$
YoY
(Rp Trillion)
1H15
1H16
1H15
1H16
10
Increased Operating Expenses in line with
Infrastructure Development
!
2 .
YoY
(Rp Trillion)
22.5
16.2
14.1
1H15
1H16
8.8
8.7
5.9
6.4
2.0
O&M
D&A
Personnel
1.4
Interconnection
1.4
1.7
Marketing
2.0
1.9
G&A
1H15
1H16
11
Excellent Operational Results
Total customers: 157.4 mn
(+9.2% YoY).
3G/4G-capable device users: 70.1 mn
(+45.7% YoY).
Mobile data payload jumped 82.7%
YoY to 378,583 TB.
5.9 mn customers swapped to USIM to
enjoy 4G LTE.
Added 15,384 new BTS in 1H16, 90.5%
were 3G/4G BTS.
!
"
IndiHome subs reached 1.5
Million in 1H16
Fixed broadband users (incl. nonIndiHome) increased 15.7% YoY to
4.3 Million
12
Telkomsel : Maintained Strong Performance Momentum
during 1H16
Another triple double-digit growth in Revenues, EBITDA and Net Income
YEAR-ON-YEAR ACHIEVEMENT
EBITDA
REVENUES
In Trillion
+16%
In Trillion
Digital
Business
9.7
In Trillion
In Trillion
41.1
35.4
NET INCOME
23.8
19.2
47% 14.2
13.4
25.7
5%
26.9
1H15
1H16
1H15
3%
1H16
TOTAL ASSET
In Trillion
78.8
78.9
54%
58%
CUSTOMER
In Million
29%
0%
+34%
9.3
1.2
1H16
1H15
1H16
BTS ON AIR
BTS ROLL OUT
11.5
0.9
9%
1H15
1H16
33%
In Thousand
+22%
In Thousand
157.4
144.1
1H15
1H16
Margin
Margin
1H15
6.0
5.8
10.1
24%
33%
Legacy
CAPEX
PAID
1H15
15.4
3.2
4G
243%
15%
19%
10.8
3G
96.9 344%
1.1
48.2 33%
47.6
1.5
1H16
5%
118.7
4.9 4G
63.9
49.9
3G
2G
2G
1H15
1H16
13
13
Telkomsel : Continued to Focus on Digital Business
Engine of growth and accounted for 35% of Total Revenues
YEAR-ON-YEAR ACHIEVEMENT
DIGITAL BUSINESS
REVENUE
In Trillion
+47%
Broadband:
378.6
76.2
12.9
207.2
15%
83%
8.8
43%
0.9
1.3
1H15
1H16
1H15
In Thousand
In Million
70.1
48.1
4G
3G
13.9
10.3 243% 3.2
0.9
9.3 15% 10.8
1H15
BlackBerry
Digital Services:
1H16
- Digital Lifestyle
- Digital Advertising
- Digital Payment & Mobile Banking
- M2M Business
3G & 4G BTS
ON AIR
In Thousand
46%
1H16
1H15
1H16
3G & 4G BTS
ROLL OUT
3G/4G CAPABLE
DEVICE
1H15
Telkomsel
Flash
66.1
47%
Digital
Services
In PB
14.2
9.7
Broadband
DATA TRAFFIC
DATA USER
In Million
1H16
4G
68.8
4.9
49.3 344%
1.1
3G
48.2 33%
1H15
63.9
1H16
14
Progress in 1H16
8
9,
True
Broadband
Access
9
Nationwide
Broadband
Backbone
9
Indonesia
Digital
Convergence
#
IndiHome 3P
customers
fiber-based
homes passed
#
$
"
"
nationwide fiber-based
backbone network
#
$
"
Treasury shares:
On June 29, 864 mn treasury shares
were placed out with net proceeds of
Rp3.25 tn to support capital
expenditure and subsidiaries
recapitalization.
Asset leveraging
Developing 1,200 ha unutilized
landbank into investment property to
enhance operational efficiency.
data center
15
TELKOM in Brief
1H16 Operational & Financial Results
Company Guidance 2016
16
2016 Guidance
:
+
$
% (
To grow better
than market rate in
FY16 by continued
effort in growing
digital business
,#
,
To slightly decline in line with
continued broadband
infrastructure development
and revenue shift towards
digital business
;
#, ,
To prioritize synergy
creation with Telkom
Group.
Around 25% of revenue with
focus on broadband
infrastructure
60% - 65% for mobilerelated business
+/- 25% for fixed broadbandrelated business
The balance for other
businesses
0-1"23 .30
&
$
%
'
&
" (
"
' ) "'
+"
%
&
"*
!
"
,
"(
"
". /
Thank You
Thank You
Investor Relations
+62 21 5215 109
investor@telkom.co.id
18
1H16
PT Telkom Indonesia (Persero) Tbk
August 2016
1
Disclaimer
This document may contain forward-looking statements within the meaning of safeharbor. Actual results could differ materially from projections, estimations or
expectations. These may involve risks and uncertainties, 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 document will bring specific results as expected.
2
TELKOM in Brief
1H16 Financial & Operational Results
Company Guidance 2016
3
Telkom and Subsidiaries
Note:
: Telecommunication
: Information, Media & Edutainment
4
Telkom Group Portfolios
with
Mobile Legacy
Mobile
Broadbandt
(CFU)
Wholesale Interconnection
International
Businest
Fixed Voice
Fixed
Broadbandt
CFU
Satellites
Towerst
CFU
"
!
Portfolios
#
Enterprise
Connectivity
IT Services
Data Center and
Cloud
BPO
Devices/Hardware
* (
$
%
"
Payments
Digital Advertising
Big Data & Other
Smart Enablers
&
Facing Units
CFU
CFU
e-Commerce
Video/TV
Mobile Digital (e.g., Games, Music)
'(
Property
CFU
)
5
Share Ownership
Government
Public
Total Shares
100,799,996,400 shares
Treasury Stock
Telkom Indonesia is listed at
Indonesia Stock Exchange (Bloomberg: TLKM IJ)
and New York Stock Exchange (TLK US)
Market Capitalization
Rp426 Tn (USD32.5 Bn)*
*as of July 29, 2016
6
TELKOM in Brief
1H16 Financial & Operational Results
Company Guidance 2016
7
1H16 Performance Highlights
Telkom Indonesia continued strong momentum with triple double-digit growth in
, +
,, and $
of - . /, 00.1/,and 22.2/ YoY
respectively.
&
3
#
sharply increased by more than 4.5/ YoY
3
#
contributed 64.-/ to total Revenue
installed - 3216 new BTSs during 1H16
Around 74/ of new BTSs are 3G/4G BTS to enhance mobile broadband
experience
8
Strong Revenue Growth, Driven by
Digital Business
.
YoY
(Rp Trillion)
61.1
24.8
25.1
22.6
1H15
1H16
15.0
4.0
Cellular Voice & SMS
Data, Internet & IT
Service (Excl. SMS)
3.9
Fixed Line Voice
2.8
3.0
Network and Other
Telco Services
2.2
1.9
Interconnection
1H15
1H16
9
Strong EBITDA & Net Income Growth with
Healthy Margins
01.1
+
, YoY
(Rp Trillion)
02.
7.7
5.6
$
YoY
(Rp Trillion)
1H15
1H16
1H15
1H16
10
Increased Operating Expenses in line with
Infrastructure Development
!
2 .
YoY
(Rp Trillion)
22.5
16.2
14.1
1H15
1H16
8.8
8.7
5.9
6.4
2.0
O&M
D&A
Personnel
1.4
Interconnection
1.4
1.7
Marketing
2.0
1.9
G&A
1H15
1H16
11
Excellent Operational Results
Total customers: 157.4 mn
(+9.2% YoY).
3G/4G-capable device users: 70.1 mn
(+45.7% YoY).
Mobile data payload jumped 82.7%
YoY to 378,583 TB.
5.9 mn customers swapped to USIM to
enjoy 4G LTE.
Added 15,384 new BTS in 1H16, 90.5%
were 3G/4G BTS.
!
"
IndiHome subs reached 1.5
Million in 1H16
Fixed broadband users (incl. nonIndiHome) increased 15.7% YoY to
4.3 Million
12
Telkomsel : Maintained Strong Performance Momentum
during 1H16
Another triple double-digit growth in Revenues, EBITDA and Net Income
YEAR-ON-YEAR ACHIEVEMENT
EBITDA
REVENUES
In Trillion
+16%
In Trillion
Digital
Business
9.7
In Trillion
In Trillion
41.1
35.4
NET INCOME
23.8
19.2
47% 14.2
13.4
25.7
5%
26.9
1H15
1H16
1H15
3%
1H16
TOTAL ASSET
In Trillion
78.8
78.9
54%
58%
CUSTOMER
In Million
29%
0%
+34%
9.3
1.2
1H16
1H15
1H16
BTS ON AIR
BTS ROLL OUT
11.5
0.9
9%
1H15
1H16
33%
In Thousand
+22%
In Thousand
157.4
144.1
1H15
1H16
Margin
Margin
1H15
6.0
5.8
10.1
24%
33%
Legacy
CAPEX
PAID
1H15
15.4
3.2
4G
243%
15%
19%
10.8
3G
96.9 344%
1.1
48.2 33%
47.6
1.5
1H16
5%
118.7
4.9 4G
63.9
49.9
3G
2G
2G
1H15
1H16
13
13
Telkomsel : Continued to Focus on Digital Business
Engine of growth and accounted for 35% of Total Revenues
YEAR-ON-YEAR ACHIEVEMENT
DIGITAL BUSINESS
REVENUE
In Trillion
+47%
Broadband:
378.6
76.2
12.9
207.2
15%
83%
8.8
43%
0.9
1.3
1H15
1H16
1H15
In Thousand
In Million
70.1
48.1
4G
3G
13.9
10.3 243% 3.2
0.9
9.3 15% 10.8
1H15
BlackBerry
Digital Services:
1H16
- Digital Lifestyle
- Digital Advertising
- Digital Payment & Mobile Banking
- M2M Business
3G & 4G BTS
ON AIR
In Thousand
46%
1H16
1H15
1H16
3G & 4G BTS
ROLL OUT
3G/4G CAPABLE
DEVICE
1H15
Telkomsel
Flash
66.1
47%
Digital
Services
In PB
14.2
9.7
Broadband
DATA TRAFFIC
DATA USER
In Million
1H16
4G
68.8
4.9
49.3 344%
1.1
3G
48.2 33%
1H15
63.9
1H16
14
Progress in 1H16
8
9,
True
Broadband
Access
9
Nationwide
Broadband
Backbone
9
Indonesia
Digital
Convergence
#
IndiHome 3P
customers
fiber-based
homes passed
#
$
"
"
nationwide fiber-based
backbone network
#
$
"
Treasury shares:
On June 29, 864 mn treasury shares
were placed out with net proceeds of
Rp3.25 tn to support capital
expenditure and subsidiaries
recapitalization.
Asset leveraging
Developing 1,200 ha unutilized
landbank into investment property to
enhance operational efficiency.
data center
15
TELKOM in Brief
1H16 Operational & Financial Results
Company Guidance 2016
16
2016 Guidance
:
+
$
% (
To grow better
than market rate in
FY16 by continued
effort in growing
digital business
,#
,
To slightly decline in line with
continued broadband
infrastructure development
and revenue shift towards
digital business
;
#, ,
To prioritize synergy
creation with Telkom
Group.
Around 25% of revenue with
focus on broadband
infrastructure
60% - 65% for mobilerelated business
+/- 25% for fixed broadbandrelated business
The balance for other
businesses
0-1"23 .30
&
$
%
'
&
" (
"
' ) "'
+"
%
&
"*
!
"
,
"(
"
". /
Thank You
Thank You
Investor Relations
+62 21 5215 109
investor@telkom.co.id
18