• Tidak ada hasil yang ditemukan

Listed and traded on the Indonesia Stock Exchange

N/A
N/A
Protected

Academic year: 2019

Membagikan "Listed and traded on the Indonesia Stock Exchange"

Copied!
22
0
0

Teks penuh

(1)

Corporate Update

February 2013

PT Media Nusantara Citra Tbk.

Listed and traded on the Indonesia Stock Exchange STOCK CODE: MNCN

(2)

2

Disclaimer

By attending this presentation, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these restrictions may constitute a violation of applicable securities laws.

The information and opinions contained in this presentation are intended solely for your personal reference and are strictly confidential. The information and opinions contained in this presentation have not been independently verified, and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on this presentation as providing, a complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects, properties or results of operations of the company or its subsidiaries. The information and opinions contained in this presentation are provided as at the date of this presentation and are subject to change without notice. Neither the company (including any of its affiliates, advisors and representatives) nor the underwriters (including any of their respective affiliates, advisors or representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss howsoever arising from any use of this presentation.

In addition, the information contained in this presentation contains projections and forward-looking statements that reflect the company's current views with respect to future events and financial performance. These views are based on a number of

estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the company and its directors. No assurance can be given that future events will occur, that projections will be achieved, or that the company's assumptions are correct. Actual results may differ materially from those forecast and projected.

This presentation is not and does not constitute or form part of any offer, invitation or recommendation to purchase or subscribe for any securities and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or

investment decision in relation thereto. This presentation may not be used or relied upon by any other party, or for any other purpose, and may not be reproduced, disseminated or quoted without the prior written consent of the company.

Any investment in any securities issued by the company or its affiliates should be made solely on the basis of the final offer document issued in respect of such securities.

(3)

Section 1

Section 2

Section 3

Table

of Content

Indonesia’s Media Industry Update

MNC Update

Financial Update MNC

(4)

Section1

Indonesia’s Media Industry Update

(5)

Junior High, 19% Senior high,

29%

Academy, 3%

Not finished elementary,

Well Positioned in a Conducive Growth Environment

5 Indonesia has one of the fastest growing population in the world with one of the highest projected GDP growth.

GDP Growth CAGR (2010–2013F)

Source: IMF (Sept 2010) Millions

Population (2011)

Source: MPA 2011

Global Economic Growth (2011)

Source: MPA 2011 and Indonesian government

Source: Indonesia Bureau of Statistics

A1 3500

Monthly Household Expenditure in Thousands Rupiah A Young Population : 70% - Below 40yr Completed Education Level

1,348

0-14 15-29 30-49 50-69 70+

26%

(6)

6

Asia Pacific Net Adspend (2011–2013F)

Source: Media Partners Asia 2012

Net adspend is one of the lowest in the region indicating enormous growth potential, TV and print are also expected to remain as key revenue drivers of the media industry.

In USD billion

Asia Pacific Net Adspend Growth (2011-2013F)

Well Positioned in a Conducive Growth Environment

(7)

7

Net Adspend as a Percentage of GDP (2011)

Source: Media Partners Asia 2012

Net Adspend Per Capita (2011 - 2013F)

In USD

0.9%

0.7% 0.7%

0.6%

0.6% 0.5% 0.5%

0.4% 0.4%

0.3% 0.3% 0.3% 0.3%

0.2%

Well Positioned in a Conducive Growth Environment

2011

(8)

8

Source: Media Partners Asia 2010 Source: Media Partners Asia 2010

Source: Media Partners Asia 2010

Asia Pacific TV Penetration of Total Households (2010F-2014F)

Newspaper Circulation in Indonesia (2010F-2014F) Internet Household Penetration in Indonesia

2010F 2011F 2012F 2013F 2014F

18.0% 20.5%

23.7%

27.1%

30.2%

2010F 2011F 2012F 2013F 2014F

Low Penetration Rates in Key Segments

Millions

Indonesia’s media industry has strong growth potential given the low

penetration rates.

(9)

9

Indonesia’s Media Advertising Market Share

TV and print is forecasted to remain as major contributors of advertising

revenues in the media industry.

2016F

Source: Media Partners Asia 2012

2011

TV, 68.9% Newspaper,

21.5%

Magazine, 3.0%

Online, 2.9% OOH, 2.2% Radio, 1.5%

TV, 70.4% Newspaper,

17.5%

Magazine, 2.4%

Online, 6.5%

(10)

Section 2

MNC Update

(11)

The Largest Integrated Media Company in Indonesia

11

RCTI MNCTV Global TV Radio

MNC

Pictures Tabloid & Magazine

MNC Networks Star Media

Nusantara

MNC Channels

Content library contains more than 120,000 hours and increasing by more than 15,000 hours per year

Sindo Media Others

Free-To-Air TV

Tabloid & Magazine

National & Regional

News Portal Local TV Network

Newspaper

Radio

Sindo Weekly

More channels will be added

(12)

Our Key Growth Strategies

12

Maximize synergies among

business units to achieve optimal

revenues and achieve cost

efficiencies

Maintaining and enhancing our

leading positions as the largest

broadcaster in Indonesia by

increasing the audience share of

existing national FTA TV stations

Creating our own content by

enhancing in-house production

capabilities, talent

management, content library and

creating new channels to further

boost revenues

Expanding into regional TV network

through Sindo Media

1

2

3

(13)

Strong Market Position with Superior Content

Capabilities

13 RCTI was established as the first private TV station in Indonesia

in 1989. Currently #1 TV station in terms of audience share

RCTI, MNC TV and Global TV cumulatively control 40%

audience share in prime time.

Several highly sought after agreements to screen popular international programs/events like Disney ABC, FOX, Warner Bros, Nickelodeon, 2010 FIFA World Cup, Formula 1, UEFA Euro, Barclays Premier League, Indonesian Premier League and 26thSea Games Indonesia 2011 (all programs are exclusive to

MNC).

Dominant TV Player in Indonesia

More than 120,000 hours of content library and increasing by more than 15,000 hours annually

Entire content library is produced in-house, of which 60% is comprised of non-news content

Monetizing our content library by distributing and licensing content to other TV stations in Indonesia and overseas

Content library can be utilized by all 3 national TV networks, allowing programming / licensing costs to be spread out

OPPORTUNITIES

 Content can be sold / licensed to other TV channels

 Content are repackaged for distribution on pay TV channels in Indonesia and overseas which consisted of –MNC

Entertainment, MNC News Channel, MNC Music Channel, MNC Business, MNC Lifestyle , MNC Muslim, Life, MNC Sports 1, MNC Sports 2, MNC Comedy, MNC Drama, Golf, MNC Movie, MNC Infotainment, and MNC Fashion.

MNC International is broadcasted in the Middle East and Singapore.

 Additional advertising revenues by re-screening popular programs that have brought in strong advertising revenues in the past

Extensive Content Library to Leverage On

*Source : Nielsen (Prime time All 10 cities, 11 channels, All 5+)

(14)

Kids

13/20

Animation

20/20

Housewives

13/20

Series

15/20

All Programs

15/20

Sports

15/20

Source: Nielsen

MNC’s Programs Continues to Dominate

in all Genre

Number of MNC’s Programs in the Top

20 for National FTA TVs

(January to December 2012)

(15)

1294

427

169 128

117

38

Kompas Seputar Indonesia

Koran Tempo

Republika Media Indonesia

Bisnis Indonesia

Strong Market Position with

Superior Content Capabilities (cont’d)

15 36 radio stations in 4 different formats

consistently ranked #1 or 2 in their respective genres / targeted audience

- Sindo Radio - #1 news station

- Radio Dangdut Indonesia - #2 station for middle / low income segments

- ARH Global - #1 choice amongst young listeners

- V Radio –female radio station

Leading Radio Stations in Indonesia

Source: Nielsen Media Research

In 5 years following the launch in

2005, Seputar Indonesia has become the 2nd largest newspaper in Jakarta and the 3rd largest in Indonesia

The remaining 5 of the top 6 newspapers in Indonesia have been in circulation for more than 30 years on average

Tabloids / magazines published by us are popular among readers

- Genie is the third largest tabloid by readership

Strong Presence in Print Media

Source: Nielsen Media Index, figures refer to circulation in Jakarta only

Wave #4 2010 Total Audience in Jakarta

1 SINDO RADIO 472.000

2 DELTA 159.000

3 PAS 149.000

4 SMART < 1.000

1 RDI 4.007.000

2 BENS 3.075.000

3 GEN FM 3.031.000

4 MEGASWARA 1.953.000

1 ARH GLOBAL 747.000

2 MUSTANG 579.000

3 PRAMBORS 443.000

(16)

16

HaryTanoesoedibjo

CEO, MNC Group

21 years of relevant experience

 Group President & CEO of MNC since March 2004

 Founding shareholder and Group Executive Chairman of PT Bhakti Investam aTbk. since 1989

 Currently holds positions in several other companies, including Group President & CEO of PT Global Mediacom Tbk. since 2002, President Commissioner of RCTI since 2008, President Commissioner of PT MNC Sky Vision (Indovision), President Commissioner of Media Nusantara Informasi since 2008, President Commissioner of MNC Networks since 2008, President Commissioner of MNC Pictures since 2007, and many other companies within MNC Media and Bhakti Investama Group

 MBA degree from Ottawa University, Canada

 Bachelor of Commerce (Honors) degree from Carleton University, Ottawa, Canada

Agus Mulyanto

Director

21 years of relevant experience

 Director of MNC since 2006 and a member of the Board of Commissioners of RCTI since 2008

 President Director, Senior Executive and a member of the Board of Directors of PT Surya Citra Televisi from 1989 to 2003

 Doctorate of Philosophy in Telecommunication Engineering, University of Wisconsin, Madison, USA (1982)

 Master of Science degree in Telecommunication Engineering with a Minor in Business Management from the University of Wisconsin, Madison, USA

 Degree in Electrical Engineering majoring in Telecommunication from Sepuluh Nopember Institute of Technology (ITS), Surabaya

Oerianto Guyandi

CFO, MNC Group

21 years of relevant experience

 Director of MNC since 2009 and Group CFO since 2008. Also CFO of PT Global Mediacom Tbk.

 Previously held several important positions such as Director/Vice President Director in PT MNC Sky Vision, PT Rajawali Citra Televisi Indonesia, and PT Global Informasi Bermutu

 Started his career in Public Accounting Firm Prasetio Utomo & Co. (Arthur Andersen) and Salim Group

 Bachelor degree in Economy in Accounting from the University of Indonesia and a Bachelor degree in Agricultural Engineering from Institute Pertanian Bogor in Indonesia

Nana Puspa Dewi

Director

24 years of relevant experience

 Joined MNC in 2007 after spending 21 years in the consumer goods industry with major FMCG companies such as Procter & Gamble, Mars Inc., Mayora and Cadbury

 Held different positions from Management Trainee, Brand Manager, GM Marketing, Country Manager and her last position prior to joining MNC was as Managing Director in Cadbury Indonesia

 Has many years of experience in market research, sales & marketing and general management

 Degree in Economy in Management from Udayana University, Indonesia

(17)

Section 4

Financial Update MNC

(Audited FY 2011 & Unaudited 12M 2012)

(18)

4.86

Revenue Core EBITDA Total Assets Equity

12M2010 Audited 12M2011 Audited 12M2012 Unaudited

18

Financial Performance from 12M 2010 (

Audited)

until

12M 2012

(Unaudited)

Source: Company Financials

12M 2010 to 12M 2012 Financials

12M 2010 to 12M 2012 Solvency Metrics IDR trillion

(19)

Segmental Overview

Revenue

19

12M 2012 (Unaudited)

12M 2011 (Audited)

Split by TV Network

Split by TV Network

78%

Non ad Revenue

VAS

Non ad Revenue

(20)

93% Non ad Revenue VAS

Content

Segmental Overview

Core EBITDA

20

12M 2012 (Unaudited)

12M 2011 (Audited)

Split by TV Network

Split by TV Network

65% Non ad Revenue VAS

(21)

82%

Value Added Services

Others

Revenue Core EBITDA Total EBITDA Net Income 12M2011 Audited 12M2012 Unaudited

Financial Performance

12M 2012

(Unaudited)

21

Revenue Breakdown 12M 2011 & 12M 2012

12M 2012 (Unaudited) 12M 2011 (Audited)

IDR billion

12M 2011

(Audited)

12M 2012

(Unaudited)

%chg

Revenue

5,390

6,092

13%

Advertising

4,418

5,367

21%

Content

93

132

42%

Value Added Services

536

216

-60%

Others

343

377

10%

Operating expenses

3,808

3,916

3%

Core EBITDA

1,791

2,368

32%

Total EBITDA

1,863

2,565

38%

Core EBITDA Margin

33%

39%

Total EBITDA Margin

35%

42%

Net Income

1,070

1,614

51%

+13%

+38%

(22)

Referensi

Dokumen terkait

[r]

L Bahwa dalam rangka Bimbingan Percepatan Tugas Akhir skripsi Mahasiswa Jurusan Pendidikan Bahasa Daerah Fakultas Bahasa dan Seni Universitas Negeri Yogyakarta tahun

Tabel 4.6 Distribusi Tingkat Pengeluaran Pangan Perbulan Rumah Tangga Petani Padi di Desa Maligas Tongah Kecamatan Tanah Jawa Kabupaten Simalungun Tahun 2015

Dengan ketiga perubahan terse- but diharapkan perekonomian daerah akan digerakkan oleh kreativitas rakyat beserta kelembagaan lokal sedemikain rupa, sehingga potensi

Imam Gunawan, Metode Penelitian Kualitatif Teori dan Praktik (Jakarta: Bumi Aksara,2013), 210.. dilakukan bersamaan dengan pengumpulan data yang sudah terkumpul. Dalam

pembelajaran, perlu diperhatikan oleh guru dalam menata lingkungiln fisik kelas. menurut Loisell (Winatasaputra, 2301:

Dari dapat diketahui secara bersama-sama bahwa variabel Partisipasi Pemakai (X1), Dukungan Manajemen Puncak (X2) dan Kemampuan Teknik Personal (X 3 ) berpengaruh terhadap

Berdasarkan uji korelasi, diketahui bahwa tidak terdapat hubungan signifikan antara perilaku gizi seimbang ibu dengan status gizi contoh (p=0.176 dan r= 0.185),