PT Elnusa Tbk. Investor Summit 2015 Bursa Efek Indonesia 13 November

(1)

PT Elnusa Tbk

Investor Summit 2015

Bursa Efek Indonesia

(2)

Visi & Misi Elnusa

Visi

Perusahaan Jasa Energi Terpercaya

Misi

• Ekspansi Bisnis dari Jasa Hulu Migas Terintegrasi ke

Jasa Energi

• Mewujudkan

Stabilitas

Pertumbuhan

Bisnis

Perusahaan yang Memenuhi Ekspektasi Pemegang

Saham, dengan Disertai Adanya Pengembangan

Kompetensi SDM dan Penguasaan Teknologi Jasa

Energi

• Mencapai & Menjaga Kepuasan Pelanggan Melalui

Pemberian Produk yang Berkualitas Berdasarkan

Prinsip Operation Excellence dan Quality, Health,

Safety & Environment

• Membina Hubungan yang Harmonis dan Saling

Menguntungkan dengan Pemerintah, Mitra Kerja,

Maupun Masyarakat

Nilai Perusahaan

• Clean

• Respectful

(3)

Sekilas Elnusa

1 Memiliki Track Record yang

Terbukti di Industri Migas

Nasional

: Telah berusia lebih dari

45 tahun di bisnis jasa migas,

Elnusa merupakan market leader

pada segmen seismik darat dan

penyedia

jasa

terpercaya

di

segmen oilfield services.

1 Memiliki Track Record yang

Terbukti di Industri Migas

Nasional

: Telah berusia lebih dari

45 tahun di bisnis jasa migas,

Elnusa merupakan market leader

pada segmen seismik darat dan

penyedia

jasa

terpercaya

di

segmen oilfield services.

2 SDM yang Mumpuni dan

Berpengalaman

: Sejalan

dengan peralatan yang memadai

serta SDM yang kompeten dan

berpengalaman, Elnusa selalu

mampu memberikan kepuasan

kepada pelanggan serta service

excellent yang tinggi.

2 SDM yang Mumpuni dan

Berpengalaman

: Sejalan

dengan peralatan yang memadai

serta SDM yang kompeten dan

berpengalaman, Elnusa selalu

mampu memberikan kepuasan

kepada pelanggan serta service

excellent yang tinggi.

3 Reputasi dan Pencapaian HSE

yang Membanggakan

: Kualitas

Kinerja Elnusa selalu sesuai dengan

standar ISO 9001:2008 & OHSAS

18001:2007, dan diakui oleh

hampir semua client.

3 Reputasi dan Pencapaian HSE

yang Membanggakan

: Kualitas

Kinerja Elnusa selalu sesuai dengan

standar ISO 9001:2008 & OHSAS

18001:2007, dan diakui oleh

hampir semua client.

4 Basis Customer Yang Kuat :

Memiliki client

perusahaan‐perusahaan migas domestik maupun asing

yang loyal serta operasional proyek yang meliputi

hampir seluruh wilayah Indonesia.

4 Basis Customer Yang Kuat :

Memiliki client

perusahaan‐perusahaan migas domestik maupun asing

yang loyal serta operasional proyek yang meliputi

hampir seluruh wilayah Indonesia.

Kekuatan Fundamental

(4)

Milestones

Establishment

2013 2014

Entered

Seismic

Business

Data Management,

Oilfield Services,

Fuel Trading &

Distribution

Establishment of

Drilling Services,

Fabrication

Initial Public Offering

7.298.500.000 Shares

Non Core

Divestments

Turnaround

Program

Year of Human

Resources

Strengthening operational level, organization and

internal control functions as well as evaluating and

redefining all product/services of the Company.

(5)

Company Structure

PT Pertamina (Persero)

41.10%

Dana Pensiun

Pertamina

17.81%

Publik

41.09%

Intergrated Upstream

Services

Upstream Support

_Services

Logistic & Distribution

_Services

PT Elnusa Oilfield Services

(99,99%)

PT Elnusa Geosains Indonesia

(99,99%)

PT Elnusa Fabrikasi Konstruksi

(97,35%)

PT Patra Nusa Data

(70,00%)

PT Sigma Cipta Utama

(99,99%)

PT Elnusa Trans Samudera

(98,23%)

PT Elnusa Petrofin

(99,93%)

PT Elnusa Patra Ritel

(98,00%)

(6)

Jasa Hulu Migas Terintegrasi

Jasa Pemeliharaan Lapangan Migas

Hydraulic Workover &

Snubbing

 11 Units HWU Snubbing with

Rig Up 150K, 225K & 340K type

Coiled Tubing, Well

Stimulation & Pumping

 3 CTU Units, 3 Cementing &

Pumping Units

Well Testing & Slickline

 3 Testing & 3 Working Barges ,

2 MPB, 1 LCT, 7 Slickline Units,

3 SFT & 4 DST Units

Jasa Pengeboran

Operation &

Maintenance

 Field & pipeline operation

maintenance service

Special Group Services

 Modular Crane Services, Field

Operation Management,

Enhance Oil Recovery

Drilling Rig

Services

 1 Unit Rig of 1600 HP, 3 Units of

550 HP, 1 Unit of 900 HP

Drilling Support

Mud & Chemical

 16 MLU, 9 H2S Units, Drilling

Fluid Services

Electric Wireline

Logging

 19 Units for Open Hole Logging

& Cased Hole Logging Services

(7)

Jasa Hulu Migas Terintegrasi

Jasa Akuisisi Data Seismik

Jasa Pengolahan Data Seismik

Jasa Geophysical Non Seismik

Gravity Survey

Magnetotelluric & Time Domain

Electromagnetic

Magnetic Survey

(8)

Jasa Logistik dan Distribusi Migas

PT Elnusa Petrofin

CHEMICAL, INDUSTRIAL

& MARINE FUEL

TRADING

FUEL STORAGE /

DEPOT MANAGEMENT

GAS STATION & LPG

FILLING STATION

FUEL FLEET

MANAGEMENT

• Mengelola 11 depot swasta

dengan sistem VHS.

• Mengelola 6 depot dengan sistem marine franco

• Mengelola transportasi BBM di 23 lokasi TBBM.

• Distribusi BBM ke 157 APMS di kalimantan

• Mengelola transportas untuk 27 SPBB.

• Menyewakan 70 unit MT BBM dan 10 unit MT LPG kepada Pertamina.

• Mengelola 2 SPBU and 1 SPBE

• Perdagangan specialty chemical untuk oil& gas industry, commodity chemical trading.

• Pengisian ulangl, pencampuran dan jasa teknis.

• Perdagangan BBM Industry and marine.

(9)

Upstream Support Services

Elnusa Fabrikasi

Konstruksi

 Fabrication services (pumping unit for

CTU, HWU), threading & trading of Pipa

Oil Country Turbular Goods (OCTG) and

EPC projects

Patra Nusa

Data

 Oil & gas data management, licensing

services, online data services and

physical storage services

Sigma Cipta

Utama

 Information system and electronic data

physical storage, management services,

oil & gas geological materials storage,

radio tel services.

Elnusa Trans

Samudera

 Marine oil & gas support services

(10)

Penghargaan 2014 ‐ 2015

The Mahakam Award 2014 dari Total

E&P Indonesie, untuk kategori High

Risk Contractor.

6 Years Without DAFW 2014 dari Chevron Operations. Best RIG HSE Performance 2014 dari VICO Indonesia Contract & Procurement Award untuk kategori Usaha Besar untuk Pengadaan Jasa dari Total E&P Indonesie Best of the Best 50 Companies dari Forbes Indonesia 2 Golds & 4 Silvers at Annual Pertamina Quality Award dari Pertamina (Persero) Peringkat 1 SWA 100 : Emiten Terbaik 2014 dari Majalah SWA, untuk kategori Industri Energi

Penghargaan 20 Karya Unggulan Teknologi Anak Bangsa dari

Kementerian Riset, Teknologi dan Pendidikan Tinggi Peringkat 2 Annual Report Award 2014 untuk kategori Private Non Keuangan Listed dari Otoritas Jasa Keuangan, Kementerian BUMN, Direktorat Jenderal Pajak Kementerian Keuangan, Bank Indonesia, Bursa Efek Indonesia, Komite Nasional

(11)

Kinerja Saham ELSA

J F M A M J J A S O N D J F M A M J J A S 0 100 200 300 400 500 600 700 800

Harga

Volum

Kinerja Saham ELSA Sepanjang 2014‐2015

Saham ELSA tumbuh 104% in 2014 namun sempat turun ke

terendah 65% pada August 2015 dibandingkan awal tahun

Saham beredar 7.298.500.000 lembar

Kapitalisasi pasar 2015 : Rp 2.3 trillion (+/‐ USD 200 million)

Rata‐rata harga saham dan volume transaksi di 2015 : Rp 509

dan 32mn lembar/hari.

25% 26% 20% 24% 6%

Komposisi Kepemilikan Saham Minoritas ELSA

Kepemilikan Saham Minoritas ELSA di 2015 Didominasi oleh

Kepemilikan Domestik Sebesar 75%

Institusi Asing : 25%

Asuransi : 26%

Reksadana : 20%

Individu Domestik : 24%

Lain‐lain

: 5%

(12)

Performa Keuangan

(13)

Grafik Kinerja Tahunan YTD

13

3.021

2.619

475 441 16% 17% 0% 5% 10% 15% 20% 25% ‐ 500 1.000 1.500 2.000 2.500 3.000 3.500 9M14 9M15

Consolidated

Revenue

Gross Profit

Gross Margin

IDR bn

1.244 _1.176

273 300 22% 26% 0% 5% 10% 15% 20% 25% 30% 35% ‐ 200 400 600 800 1.000 1.200 1.400 1.600 9M14 9M15

Oilfield & Drilling Sevices

629

390

148 ₃₈ 23% 10% 0% 5% 10% 15% 20% 25% 30% 35% 40% ‐ 100 200 300 400 500 600 700 800 9M14 9M15

Seismic Services

1.280

1.211

107 156 8% 13% 0% 5% 10% 15% 20% 25% 30% ‐ 100 200 300 400 500 600 700 800 900 1.000 1.100 1.200 1.300 1.400 1.500 1.600 9M14 9M15

Subsidiaries

Uneliminated Uneliminated Uneliminated

(14)

Grafik Kinerja per Kuartal

14

816 146 18% 0% 5% 10% 15% 20% 25% ‐ 200 400 600 800 1.000 1.200 1.400

Jun 14 Sep 14 Dec 14 Mar 15 Jun 15 Sep 15

Consolidated

362 105 29% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% ‐ 100 200 300 400 500 600 700

Oilfield & Drilling Services

113 ‐6 ‐6% ‐10% ‐5% 0% 5% 10% 15% 20% 25% 30% 35% (10) 40 90 140 190 240 290 340 390

Seismic Services

Revenue

Gross Profit

Gross Margin

IDR bn 394 54 14% 0% 5% 10% 15% 20% 25% ‐ 100 200 300 400 500 600 700

(15)

390 327

9M14

9M15

Electric Wireline Logging

Revenue & Growth

133 ₁₂₄

9M14

9M15

Coiled Tubing Unit

228 185

9M14

9M15

Drilling

147 231

9M14

9M15

Hydraulic Workover

79 27

9M14

9M15

Drilling Fluid

73 84

9M14

9M15

Snubbing

IDR bn

‐16%

‐

19%

58 %

‐7%

‐66%

15%

Jasa Pemeliharaan by Produk

(16)

Revenue & Growth

27 16

9M14

9M15

Cementing & Pumping

23 9

9M14

9M15

Drilling Evaluation

59 85

9M14

9M15

Well Testing

55 34

9M14

9M15

Operation Maintenance

30 54

9M14

9M15

Slickline

IDR bn

44%

‐39%

82%

‐40%

‐60%

Jasa Pemeliharaan by Produk

(17)

Revenue & Growth

629

390 9M14

9M15

Seismic Land & Processing

IDR bn

‐38%

Jasa Seismik Darat dan Pengolahan Data

(18)

Kinerja Anak Perusahaan

1.122

987 9M14

9M15

Elnusa Petrofin

56 40

9M14

9M15

Patra Nusa Data

36 99

9M14

9M15

Elnusa Fabrikasi Konstruksi

44 ₄₃

9M14

9M15

Sigma Cipta Utama

IDR bn

‐12%

‐29%

172%

‐3%

Revenue Revenue Growth

(19)

Status Kontrak

USD jt

Contract per 9M15 and Forward

9M15

CARRIED OVER

NEW CONTRACT

TOTAL CONTRACT

VALUE 2015 (Exp)

VALUE ONWARD

A

B

A+B

C

A+B‐C

Oilfield & Drilling

230

99

329

117

212 Seismic

28

86

114

49

65 TOTAL

258

185

443

166

277

(20)

Investasi

489

130 ₁₁₀

366

422

0

250

500

750 2011

2012

2013

2014

9M15

IDR bn

A = 227

B = 262

A = 26

B = 104

A = 51

B = 59

A = 337

B = 30

A = New Investments

B = Replacements

Area of Investment (Oilfield & Drilling Services & Seismic) :

Electric Wireline Unit

Coiled Tubing Unit

Portable Slickline Unit

Barges

Modular Rig

Geophones

A = 280

B = 142

(21)

PT Elnusa Tbk.

Graha Elnusa

Jl. T.B. Simatupang Kav. 1B

Jakarta 12560, Indonesia

Tel: +62 21‐78830850

Fax: +62 21‐78830907

www.elnusa.co.id

Thank You

DISCLAIMER :

The information in this document has not been independently verified. 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 such information or opinions contained herein. None of PT Elnusa Tbk (the “Company“), nor any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss whatsoever arising from the use of this document or its contents or otherwise arising in connection with this document.

This document is being furnished to you solely for your information on a confidential basis and may not be reproduced, redistributed or passed on, in whole or in part, to any other person. Any failure to comply with these restrictions may constitute a violation of the laws of any such other jurisdiction. By accepting this document you agree to be bound by the foregoing limitations.

This document does not constitute or form part of an offer or invitation to purchase any shares in the Company and neither shall any part of it form the basis of nor be relied upon in connection with any contract or commitment whatsoever. Any decision to purchase shares should be made solely on the basis of information contained in the prospectus.