PT
Telekomunikasi
Indonesia,
Tbk.
1Q14 Results
1Q14 Results
Disclaimer
Disclaimer
C O
N
T E
N
T
C O
N
T E
N
T
01
01
Telkom
in
Brief
Financial
and
Operational
Results
01
Indonesia
Telecommunication
Industry
Indonesia
Telecommunication
Industry
Prabayar Pasca Bayar
FY 2013 Subscriber Market Share
y
Penetration (SIM Card)
•Total Cell Subs >325 mn
Tsel 40%
•Total Cell Subs >325 mn • Total BIG 3 Subs: 251.6mn
56.5M 18%
54.2M 17%
Telkom Flexi
40%
Isat 18%
Business
and
Customer
Portfolio
Business
and
Customer
Portfolio
Telecommunication
POTS
Information
Premise Integration Services
Media
&
Edutainment
Media : Pay TV & FTA POTS FWA Mobile / Cellular International Services Premise Integration Services VA, Managed App & Performance/ITO E‐Payment Media : Pay TV & FTA Content / Portal Broadband Network Services Tower ITeS (BPO, KPO) Retail Wholesale International
Personal
Consumer/HomeSME
Enterprise
OLO ( Other Local Operators )
Telkom
and
Subsidiaries
Current
Ownership
Current
Ownership
Telkom Indonesia is listed at Indonesia Stock Exchange (IDX), New York Stock Exchange (NYSE), London Stock Exchange (LSE) and also Publicly Offering Without Listing also Publicly Offering Without Listing (POWL) in Japan.
Public
46.9%
Government
53.1%
Public
46.9%
Treasury
Shares
3.7%
Tot a l Sha re s (a ft e r St ock Split )( p ) M a rke t Ca pit a lizat ion at I DX
100,799,996,400
shares
p
To p 5
223.3Tn*
02
Highlights
Highlights
Well maintained strong financial results Well maintained strong financial resultse a ta ed st o g a c a esu ts
Consol Revenue grew 8.7% YoY to Rp21.3tn
Tsel Revenue grew by 9.8% YoY to Rp15.3tn
e a ta ed st o g a c a esu ts
Consol Revenue grew 8.7% YoY to Rp21.3tn
Tsel Revenue grew by 9.8% YoY to Rp15.3tn
Gaining remarkable subscribers growth
Broadband users grew 65.3% YoY to more than 28.1mn.
Cellular subscribers grew 10.0% YoY to 132.7mn Gaining remarkable subscribers growth
Broadband users grew 65.3% YoY to more than 28.1mn.
Cellular subscribers grew 10.0% YoY to 132.7mn
Telkomsel continues the leadership in network quality and coverage Telkomsel continues the leadership in network quality and coverage
Total BTS 74,326 units, a 28.9% YoY growth
3G BTS 30,575 units, a 72.2% YoY growth.
New BTS 1Q14 4,462 units, a 32.5% YoY growth, average >1,000
BTS/month.
Total BTS 74,326 units, a 28.9% YoY growth
3G BTS 30,575 units, a 72.2% YoY growth.
New BTS 1Q14 4,462 units, a 32.5% YoY growth, average >1,000
Data
Services
Data
Services
Revenues (Rp Tn)
Users (Mn)
4.8
Mobile Data Speedy
14.8%
25.7%
3.1
32.3%
3.1
Fixed Bband
Mobile Data
49.9
63.0
2.7
7.7%
2.3
Mobile Data
26.3%
1Q13 1Q14
49.9
63.0
1Q13 1Q14
1.1
1.2
Cellular
BTS
Cellular
BTS
SUMATERA 29%
21.5K BTS
KALIMANTAN 9%
6.9K BTS
SULAWESI & PAPUA 13%
9.6K BTS
JAVA 43%
32.1K BTS BALI & NUSRA 5% 4.0K BTS
Java
43%
Revenues
YoY
Revenues
YoY
((RpRp TnTn))
▲ 8.7% 1Q13 1Q14
▲ 8.7% 3.1 2.2 1.1 3.1 3.0 1.2 21.3 7.6 7 3
8.0 8.4
Cellular SMS Data Comm Oth
Speedy Inet mo. subscription
7.6 7.3 19.5 2.5 0 7 2.3 0 9 1Q13 1Q14
N t “Oth ” th i t f CPE P TV L d
TOTAL
1Q13 1Q14
1.1 1.2 0.3 0.4 0.7
0.9
Cellular voice Data, Internet, & IT
Fixed line voice Interconnection Network Other
Note: “Other” among others consists of CPE, Pay TV, Leased
Expenses
YoY
Expenses
YoY
((RpRp TnTn))
▲ 11 5%
▲ 11.5%
14.3
4.7
5.1
1Q13
4.7
3.5 3.9
1Q14
12.8
2.3
1.2 2.2
1.3
TOTAL
1Q13 1Q14
0.7 0.6
(0.2) 0.7 0.9
0.1 O&M D&A Personnel Interconnection Marketing G&A Other
Note: “Other” consist of (gain)on forex – net, Other Income & Expense – net.
Cellular Performance
YEAR‐ON‐YEAR ACHIEVEMENT
REVENUE EBITDA NET INCOME CAPEX TO REVENUE
+10% 15.3 3.4 13.9 2.6 In Trillion 16.3% 14.4% 13% 13% Digital
Business 31%31%
In Trillion In Trillion 8.5 7.9 4.4 4.3 2% 2% 7% 7%
Q1‐14 11.9
Q1‐13 11.4
Q1‐14 Q1‐13
13% 13% 5% 5% Legacy Margin 55% 57% Margin 29% 31%
Q1‐14
Q1‐13 Q1‐13 Q1‐14
2% 2%
Q Q
132.6
120.6 +33% 4.5
In Million In Thousand
CUSTOMER BASE BTS ROLL OUT BTS ON AIR
In Thousand 74.3 +29% 63 0 DATA ENABLED CUSTOMER In Million 2.3 Q1 14 0.9 3.5 Q1 13 3.4 1.0 17.8 43.8 30.6 Q1 13 57.7 Q1 14 39.9
Q1 13 Q1 14 63.0 49.9 3G 2G 3G 2G 10%
10% 26%26%
52% 52% --12%12% 72% 72% 10% 10%
2014
Company
Outlooks
2014
Company
Outlooks
Continue
to
Deliver
Value
to
Shareholders
Continue
to
Deliver
Value
to
Shareholders
In line with or slightly above the market
for both TLKM Consolidated and
Telkomsel
Revenue Growth
Revenue Growth
e o se
Stable to slight decline for both TLKM
Consolidated and for Telkomsel
EBITDA Margin
EBITDA Margin
Group (Consolidated): 20-25% over Revenue
Allocation:
Capex
Capex
Telkomsel: 60%
Capital
Expenditure
Capital
Expenditure
((RpRp TnTn))
1Q14, Total CAPEX Rp4.1 Tn or 19.1% over Revenue
0 7
2.5
0.9
0.7
Question
and
Answer
