PT Telekomunikasi Indonesia Tbk
PT.
Telekomunikasi
Indonesia,
Tbk
FY
2011
Results
FY
2011
Results
Disclaimer
Disclaimer
Disclaimer
Disclaimer
Today’s call and the responses to questions, may contain forward‐looking statement within h i f f h b A l l ld diff i ll f j i
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 b t k i li f thi t t t
been taken in reliance of this statements.
Telkom
Indonesia
in
Brief
Telkom Business Portfolio
Serving more than 129 8 Mn customers through T I M E Portfolio Business
TELKOM’s Business Portfolio
FWL
vehicle METRA Holding
Serving more than 129.8 Mn customers through T.I.M.E Portfolio Business
1 2 3
FWL
Wireless/Mobile
Broadband
T I M.E
4 SME, Enterprise,
& Wholesale
8
NGN
6
5 IT Services &
E‐Money
Media & Edutainment
I
M.E
International Business
7
3
Telco
Penetration
Fixed Wireline
Fixed
Wireless Cellular Broadband
Industry
8.6Mn 30.4Mn 250.4Mn 12.9Mn
Penetration Over Population
13% 105%
4% 5%
Telkom
Market Share ± 99% ± 47% ± 43% ± 66%
Market Share
9% 27% 8%
56%
0-14 15-19
Indonesia Population
Population: approx. 237million + (source: BPS)
± 99% ± 47% ± 43% ± 66%
4
9% 56%
20-59 60+
Young dynamic population approx. 56%
Telkom
Indonesia
Ownership
p
Telkom Indonesia is listed at Indonesia Stock Exchange (IDX) Indonesia Stock Exchange (IDX), New York Stock Exchange (NYSE), London Stock Exchange (LSE) and
also Publicly Offering Without Listing (POWL) in Japan.
Government 51.2%
Listing (POWL) in Japan.
Treasury Stock
3.8%
As of 31 Dec 2011, Market Cap :
Rp142.1Tn, or 4.02% of total
market cap at IDX Indonesia
Local Investor
7 6%
Foreign Investor
37 4%
5 market cap. at IDX Indonesia
Highlights of FY11 Results
Highlights
of
FY11
Results
Data internet and IT services business grew strongly in 2011 with 20 8% Data, internet and IT services business grew strongly in 2011 with 20.8% growth YoY and by recording Rp24 trillion revenues, it was being the second biggest contributor of total revenue following the voice business.
Broadband users increased by 63.4% YoY and contributed revenue of Rp9.4 trillion.
We remained to be the market leader on Cellular business with 107 million subscribers with positive net‐add of 13 million subscribers in 2011 and
subscribers with positive net add of 13 million subscribers in 2011 and 2.9 million subscribers in 4Q11.
Business
Results
Broadband
Business
8.7 Flash 82.4%
1.8 8.5%
3.8
5.5
3 2 4.8
Blackberry
1.6
1.0
3.2
FY10 FY11 FY10 FY11
12.1% 62.5% 5.2
3.6
4.0
3.2
8
Cellular
13.8%
107.0
16.6%
BTS 42.6
91.9
104.8
Prepaid 94.0
107.0
28.8
33.1
d 36.6
2.1 2.2
FY10 FY11
Postpaid 7.8 9.5
FY10 FY11
Node‐B
FY10 FY11 FY10 FY11
7.7 3.3% QoQ
1.8% YoY
6.8 6.8
7.4 29.1
28.6
9
Fixed
Lines
13.7%
21 3%
18.2
14.2 26.5
22.8
5.6 5.7
21.3%
5.6 6.8 BTS
Flexi
Fixed Wireline
8.3 8.6
1.1
EVDO
FY10 FY11 FY10 FY11
10.2%
2.9 2.9 0.4%
Q Q 12.9
11.6 2.8
2.8 QoQ
10
FY10 FY11
Nusantara
Super
Highway
i
l
k
GUAM
Optical
Network
LSM BNA Songkhla (TIS) HONGKONG JEPANG Satelite
Satelite NetworkNetwork BroadbandBroadband
PALAU LSM SBG MO PBR TAR SAG SBS SINGAPORE DMI MDN SGT MELAKA (AAG) USA
Ring‐1A
(BSCS) (DMCS)
Ring‐1B
JEPANG JLO STG BTM PRC MLN MLK Luwuk‐ Kotamobagu KTMBG
Opsi‐1
Opsi‐2
3rd Jakarta‐
Batam‐Singapura
PG TT FF JAP BIA MW LWK PAL KDI PD PTK KTP PLK SAG TGT SOR BPP PRE TMB SMR DMI BN BTA LT TJN SMI JB PRG PKB BJM
Ring‐2
Ring‐3B Ring‐3A
Ring‐8
Palapa Ring Ring‐10 LBH SNN BUL BNP STG MGL BKP NML MSH BTM MTW DPR BDL KDI SLO BDG CRB PWT CKP AB JKT PKL YK SM UP SB MN
Ring‐4
Ring‐7
Ring‐9 Ring‐5
Ring‐6
Ring‐11
KLK TIM TUAL NML NIR ATM Kendari‐ Ambon Meumere‐ Janeponto ASON
ASON withwith OXCOXC ExistingExisting OngoingOngoing PlanPlan 20122012 ‐‐20142014 KOMINFOKOMINFO (Proposed)(Proposed)
Financial
Performance
in Rp Tn
2010
2011
100 5 Asset 103 1
100.5 Asset 103.1
44.1 Liabilities 42.1
44.4 Equity 47.5
Financial Position
44.4 Equity 47.5
68 6 Revenue 71 3
68.6 Revenue 71.3
46.3 Expense 50.0
37.1 EBITDA 36.6
Comprehensive Income 37.1 EBITDA 36.6
54.1 EBITDA Margin 51.3
11.5 Net Income 11.0
Comprehensive Income
11.3 Normalized Net
Income
12.1
Comprehensive Income
42%
40%
Revenue contribution
FY 2010, Rp68.6 tn
29%
19% 40%
34%
16%
FY 2011, Rp71.3 tn
5%
2% 4%
5%
2% 3%
Cellular Data, internet & IT Fixed line Interconnection Network Other
35% 33%
Expense contribution
FY 2010, Rp46.3 tn FY 2011, Rp49.4 tn
35%
31%
16% 7% 5% 6%
33%
30%
17%
7% 7% 6%
p
O&M Depr & Amort Personnel Interconnection Marketing G&A
Capital
Expenditure
(Capex)
In Rp
Allocation 14 6Tn 12 7Tn 7% 13% Others 14.6Tn 12.7Tn 46% 44% Infrastructure
New Wave
Optimizing Legacy
Telkom 69% RAN Telkomsel 65% 58% Telkomsel 3% 7% Others 11% 8% 7% 5%
Core Network IT
Transport Others
Others dominated by Mitratel Rp1.1Tn
49% 30%
Tower B2S
Tower Colocation
%
29% 29%
FY 2010 FY 2011
Telkom
14
16% 5%
Tower akuisisi Others
4
Areas
of
TIME
Growth
….
4
Areas
of
TIME
Growth
….
CONSUMER ENTERPRISE
CONSUMER ENTERPRISE
CONSUMER ENTERPRISE
Broadband anywhere enriched with apps & content Agility and productivity in business
CONSUMER ENTERPRISE
Broadband anywhere enriched with apps & content Agility and productivity in business
Platform Improvement
Platform Improvementp (1)3PS,(2)IMS, (3)SDP, (4)Tcloud)
p
(1)3PS,(2)IMS, (3)SDP, (4)Tcloud)
Home is little empire, happiness starts here Next billion customer is sensor on device
Any further questions?
Contact Address : Investor Relations
Grha Citra Caraka 5thfloor
Any further questions?
Jl. Jend. Gatot Subroto Kav. 52 Jakarta, 12710
Indonesia
Tel : +62‐21‐5215109
Fax : +62 21 5220500
Fax : +62‐21‐5220500
