TLKM PPT 1Q15 Results Rev

PT

 

Telkom

 

Indonesia

 

(Persero)

 

Tbk

The First Quarter 2015 (1Q15) Results

The

 

First

 

Quarter

 

2015 (1Q15) Results

Disclaimer

hi d i f d l ki i hi h i f f This document may contain forward‐looking statements within the meaning of safe‐ harbor. Actual results could differ materially from projections, estimations or expectations. These may involve risks and uncertainties, and may cause actual results

Content

1. Telkom

 

in

 

Brief

2. 1Q15

 

Financial

 

and

 

Operational

 

Results

Telkom in Brief

Telkom

 

Group

p

 

Portfolios

Well diversified business portfolio:  9 Product Portfolios and 6 Customer Portfolios

10

1

ME

Digital Life Digital Home Digital Advertising

2

9 8

7 11

10

•Managed Apps & SI

•BPM

•Premise Integration

•E‐Payment

I

• E-Health

• E-Tourism

• E-Transportation

• E-Gov

Big Data 12

Product Portfolio

Customer

Portfolio _erv

ic e s Platform  Platform  Services Services

•DataCenter & Cloud

•M2M

I

Ecosystem  Ecosystem  Solution Solution E Gov Big Big Data

Data _{5 6}

4

13

Portfolio Portfolio

S

e

• Fixed Phone

• Fixed Broadband

• WiFi

• Full Mobility

• Limited Mobility

• Interconnection & International Traffic

• Network Service

T

14 Government Mobility • Satellite • Tower Fixed 

Fixed  MobileMobile NWNW  &&  InfraInfra

T

15

16 Services

Telkom

 

and

 

Subsidiaries

Government   Public

Mobile  Business

Multimedia  Business

International  Business

Infrastructure  Business

52.6% 47.4%

T

IME

T

T

Business

T

Business Business

T

Business

T

Singapore Hongkong Timorleste _Australia

Macau Arab Saudi USA Malaysia

New Zeland Myanmar

Affiliation

Note :

T: Telecommunication

Current

 

Ownership

p

Telkom Indonesia is listed at Indonesia Stock Exchange (Bloomberg: TLKM IJ) and New York Stock Exchange (Bloomberg: TLK US)

Government    52.6% 

Public     47.4% 

Treasuryy Shares   2.6% 

Total

 

Shares

Market

 

Capitalization

 

at

 

IDX

100,799,996,400

 

shares

*) as of March 31, 2015

1Q15

 

Financial

 

1Q15

Q

 

Performance Highlights

g

g

Continued strong revenue growth with healthy margins 

Consolidated Revenue grew  by 11.1% Year‐on‐Year (YoY) with EBITDA and Net 

Income grew by 13.9% and 6.4% YoY, respectively

Continued strong revenue growth with healthy margins 

Consolidated Revenue grew  by 11.1% Year‐on‐Year (YoY) with EBITDA and Net 

Income grew by 13.9% and 6.4% YoY, respectively

Telkomsel Revenue grew by 12.1%, EBITDA by 9.0%, and Net Income by 11.3% YoY Telkomsel Revenue grew by 12.1%, EBITDA by 9.0%, and Net Income by 11.3% YoY

Data, Internet, and IT Services (exclude SMS) recorded the highest revenue  growth, with 27.6% increase from 1Q14. 

Telkomsel’s digital business grew by 37.4%, with data traffic jumped 110%.

Data, Internet, and IT Services (exclude SMS) recorded the highest revenue  growth, with 27.6% increase from 1Q14. 

Telkomsel’s digital business grew by 37.4%, with data traffic jumped 110%.

Continued leadership in infrastructure

Continued leadershipp in infrastructure

Telkomsel expands its 4G LTE network and services in key cities including 

Jakarta, Bali, Bandung, Surabaya and Medan

p

Telkomsel expands its 4G LTE network and services in key cities including 

Jakarta, Bali, Bandung, Surabaya and Medan

Strong

 

Revenue

 

Growth,

 

Driven

 

by

 

D t B

i

Data

 

Business

Revenue

 

YoY (Rp Trillion)

▲

11.1

%

▲

11.1

%

▲5.6%

8.0 8.5 ▲27.6%

▲5.2%

23 6

5.5

7.1

1Q14 1Q15

▼6.4%

▲47.6%

▼4.5%

21.3 

23.6 

3.3

2.3 3.4

2.2

1Q14 1Q15

1.2 1.1 0.9 1.3

Cellular voice Data, Internet, &  IT (excl SMS)

SMS Fixed line voice Interconnection Network and  other telco service

Strong EBITDA

g

 

&

 

Net

 

Income

 

Growth

EBITDA (Rp Tn)

Net Income (Rp Tn)

▲

13.9%

EBITDA (Rp

 

Tn)

Net

 

Income

 

(Rp Tn)

▲

6.4%

12.4 Flexi Impairment

R 870 B i 1Q15

10.9

3.6 3.8 

Rp870 Bn in 1Q15 vs Rp30 Bn in 1Q14

Manageable

g

 

Operating

p

g

 

Expenses

p

Operating

 

Expenses

 

YoY (Rp Trillion)

▲

12.8%

▲20.2%

▲29.1%

6.2 1Q14

▲

5.1 

3.9

5.1 

1Q15

▼18.0%

▼1.1%

▲3.6%

▲0.7%

14.3  16.2 

3.9 

2.3  2.3 

▼1,050.0%

1Q14 1Q15

1.3 

0.9 

0.7

(0.02) 1.0  _1.0

0.7

(0.2)

O&M D&A Personnel Interconnection G&A Marketing Other

Telkomsel:

 

Continued

 

Solid

 

Financial

 

and

 

O

ti

l P f

Operational

 

Performance

YEAR‐ON‐YEAR ACHIEVEMENT

+12% 17.1 4.6 15.3 3 4 REVENUES

In Trillion

2 8 2 6

CAPEX  PAID

Digital _37%37%

EBITDA NET INCOME

In Trillion In Trillion

9.2 8.5

4.9 4.4

In Trillion

12.5

11.9 3.4

1Q‐15 2.8

1Q‐14 2.6 8% 8% 5% 5% Legacy

Business 37%37%

1Q‐15

1Q‐14 1Q‐14 1Q‐15

11% 11% 9%

9%

1Q‐15 1Q‐14

Margin 54% 55% Margin 28% 29% +15% 5.1 0 7 4.5 In Million In Thousand

TOTAL ASSET  BTS ROLL OUT BTS ON AIR

In Thousand

+22%

90.6

0.9

74 3

CUSTOMER 

In Trillion

82 9 141.5 132.7 4G 4G 3.9 0.7 3.5 0.0 47 0 42.7 74.3 43 8 30.6 0.0 10%

10% 40%40%

7% 7% 82.9 76.9 8% 8% 7% 7% 3G 4G 3G 2G 0.6 0.9 47.0 43.8

--39%39% 7%7%

2G

Telkomsel:

 

Continued

 

Focus

 

on

 

Digital

 

B

i

Business

DIGITAL BUSINESS

YEAR‐ON‐YEAR ACHIEVEMENT Broadband:

+37%

4.6

DIGITAL BUSINESS  REVENUE

In Million In Trillion

DATA USER 

89.6

DATA TRAFFIC 

In PB

Telkomsel Flash BlackBerry 63 9 63 0 3.4 3.1 4.2 Digital Broadband 38% 38% _42.7 110% 110% Digital Services:

•- Digital Lifestyle

•- Digital Advertising

•- Digital Payment & Mobile Banking

•- M2M

63.9 63.0

2% 2%

1Q‐14 0.3

1Q‐15

0.4

31% 31% Digital

Services

1Q‐15 1Q‐14

3G/4G CAPABLE 3G & 4G BTS 3G & 4G BTS

1Q‐15 1Q‐14

43 7

3G/4G CAPABLE DEVICE 

In Million

3G & 4G BTS  ROLL OUT 

In Thousand

3G & 4G BTS  ON AIR 

In Thousand

4 6 43.6 0.9 43.7 28.2 55% 55% 3G 4G 4.6 3.9 0.7 3.5 3.5 0.0 10% 10% 3G 4G 42.7 30.6 30.6 0.0 40% 40%

1Q‐15

Telkomsel:

 

Widest

 

coverage

Population Coverage:   2G: ± 95%  |  3G:  ± 60% 

Papua, Maluku,  Papua, Maluku, 

l l

l l

Sumatera Sumatera

Sulawesi, Kalimantan Sulawesi, Kalimantan CB portion: 22%

Sumatera Sumatera

CB portion: 28%

Greater Jakarta &  Greater Jakarta &  West Java 

West Java 

CB portion: 24% _CBJavaJava _portion:  &&  BaliBali   _26%

Completed

 

Sulawesi

‐

Maluku

‐

Papua Cable

 

S t

(SMPCS) U til P

System

 

(SMPCS)

 

Until

 

Papua

Kauditan‐Ambon‐ Sorong + branches

Sorong‐ Jayapura Sorong‐Waisai

y p

Kendari‐Ambon

Ambon‐Fakfak +  branches

Company Guidance 2015

2015

 

Management

g

 

Guidance

In line with or slightly above the market for TLKM and

Telkomsel, with focus on strengthening mobile broadband and 

Revenue Growth

, g g

accellerated fixed broadband through triple play and FTTH

Revenue

 

Growth

Slightly decline for TLKM and Telkomsel in line with 

EBITDA Margin

accellerated investment in digital business

EBITDA

 

Margin

Group (Consolidated):  around 25% over Revenue

 Mobile related: 60% ‐ 65%

Capex

 Fixed broadband related: 20% ‐ 25%

 Other business: 10% 

Mobile Business 

Main Program

Indonesia Digital Network  International Expansion

1. Protect Legacy Business 2. Strengthen The Core 3. Trigger Digital Services

1. ID‐Ring  2. ID‐Access 3. ID‐Convergence

1. Follow the People 2. Follow the Network

3. Follow the Traffic & Money 

19

 Maintain double digit growth

 Grow digital business

 Turn‐around fixed line

 Drive digital business

 Stretch & Expand int’l business

Jayalah Indonesia

y

 

!

Jayalah Telkom

 

Indonesia

 

!

Th

k Y