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