[PPT] - based on Q1 Results 2014 PT SARANA KARYA Golden Steps to The Best PowerPoint Presentation

SLIDE 1

Golden Steps to The Best

Investor Relations’ Update for Analysts and Investors

based on Q1 Results 2014

PT SARANA KARYA

SLIDE 2

Golden Steps to The Best

VISION

To be One of The Best Integrated EPC and Investment Company in South East Asia

MISSION

Providing Excellent Integrated Product and Services on EPC and Investment for Infrastructure, High-Rise Building, Energy, Industrial Plant, Precast Industry & Property Accomplish Key Stakeholders Expectation Practicing Business Ethics to Promote Good Corporate Citizen and Company Sustainability Strategic Overseas Expansion Implementing “Best Practice” Integrated Management System

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WIKA’S BUSINESS PORTFOLIO

INDUSTRY INFRASTRUCTURE & BUILDING ENERGY & INDUSTRIAL PLANT REALTY & PROPERTY INVESTMENT Precast Concrete :

Precast Concrete Product
Natural Resources

Management

Industrial Facilities :

Steel Fabrication
Aluminium Casting
Plastic Injection

Bitumen :

Granular Asphalt
Extraction Asphalt

Civil Construction :

Road and Bridge
Seaport, Jetty
Dam & Barrage

Building Construction :

Residential & Commercial
Airport
Facility

Steel Construction :

Erection
Equipment Installation

EPC :

Oil and Gas Plant
Petrochemical Plant
Cement Plant, Power Plant
Mining, Biofuels, Fertilizer

Operation & Maintenance :

Power Plant
Industrial Equipment

Realty & Property :

Landed House
Highrise (Apartment,

Condotel, Office Mixed Use)

Industrial Estate

Property Management Energy Water & Environment Transportation Infrastructure

Civil Work Department Regional Department Overseas Department Building Department Industrial Plant Department Power Construction Department Power Investment Department Building Department Power Investment Department

SERVICES/PRODUCTS

DEPARTMENT, SUBSIDIARIES, ASSOCIATES

PT SARANA KARYA

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Golden Steps to The Best

Jakarta MRT Underground and Elevated Section Design and built for civil work including 8 elevated stations and 13 Underground Stations Estimated Time of Completion 2018

Located in Jatigede district, West Java. With height more than 100m and 980 cubic mtr capacity, planned to have function to irrigate 90.000 acre area, providing fresh water for society .

INFRASTRUCTURE & BUILDING

Civil Construction

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Golden Steps to The Best

15 November 2013 The New Ngurah Rai International Airport was finished and handover to Angkasa Pura I. Terminal 3 Extension Soekarno-Hatta Airport , Jakarta Design and Built, including 380.000sqm showpieces facility and new 25mppa terminal, open for business in late 2015 5

INFRASTRUCTURE & BUILDING

Building Construction

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Golden Steps to The Best

WIKA’s 1st EPC of Coal Fired Power Plant Amurang 2 X 25 MW, North Sulawesi, WIKA become the pioneer

f local company to finished EPC power plant outside

Java Installation of Sucker Rod Oil Pump, located at NDD 13, Duri Pekanbaru 6

ENERGY & INDUSTRIAL PLANT

EPC

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Golden Steps to The Best

Operation & Maintenance Diesel Engine PP Bali 3X18 MW Operation & Maintenance Diesel Engine PP Bali 3X18 MW 7

ENERGY & INDUSTRIAL PLANT

Operating & Maintenance

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Golden Steps to The Best Bogor Plant - The biggest plant with 8 line of production, produce piles and poles precast Bogor Plant - The biggest plant with 8 line of production, produce piles and poles precast produce piles and poles precast

Operational Area

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INDUSTRY

Beton Precast

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Golden Steps to The Best Clinker and Cement Additives Transport System Steel Fabrication 9

INDUSTRY

Industrial Facilities

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Golden Steps to The Best ASPHALT MINING ASPHALT MINING 10

INDUSTRY

Bitumen

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Golden Steps to The Best

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Land Bank (as of September 2013) Landed House: 1.580.760 m2 High rise: 25.297 m2 included JO

Ongoing Project

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PROPERTY

Realty

SLIDE 12

Golden Steps to The Best TURBINE GAS POWER PLANT BORANG 2 X 30MW

TURBINE GAS POWER PLANT BORANG 2 X 30MW

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INVESTMENT

Energy

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Golden Steps to The Best 13

1. SK Menteri BUMN No. SK-16/S.MBU/2012

2.Assessment by Indonesia Quality Award (IQA) 3.Assessment by “Kriteria Penilaian Kinerja Unggul” (KPKU) 4.Assessment by LPPM 5.Assessment by AON Hewitt

6. Assessment based Coso Framework
7. Assessment based ISO 31000
GCG SCORE

(Assessor: BPKP)

CORPORATE RATING

(Assessor: PEFINDO)

PERFORMANCE

EXCELLENCE

ENGAGEMENT

LEVEL

RISK MATURITY

LEVEL

CORPORATE ASSESSMENT

SLIDE 14

Golden Steps to The Best

GCG SCORE

(

BPKP

BUMN BERSIH

BUMN BERSIH Team

CGPI INDEX

ASEAN SCORECARD
CORPORATE GOVERNANCE ASSESSMENT

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SLIDE 15

Golden Steps to The Best

AWARDS & CERTIFICATIONS

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SLIDE 16

Golden Steps to The Best

ORDER BOOK, NEW CONTRACT, SALES & NET INCOME

2010 - 2014F

2010 2011 2012 2013 2014F

14,098 11,885 9,905 7,742 6,023 25,831 17,731 17,125 13,568 10,223 49,972 38,267 33,718 26,591 20,839

Order Book New Contract Sales Net Income

CAGR Net Income

1 9 , 2 %

C A G R S a l e s

18,52%

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285 354 479 570 678

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Golden Steps to The Best 17

1250 2500 3750 5000

J an Feb Mar

ORDER BOOK & SALES

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Golden Steps to The Best 18

Government Private SOE

* Included Private Project in Oil & Gas 2012 = Rp 1,73 trilion 2013 = Rp 859 trilion 2014 = Rp 2,4 trilion

2012

18,4% Rp 3.136 30,6% Rp 5.249 * 51,0% Rp 8.740 33.0% Rp 3.302 39.4% Rp 3.938 27.6% Rp 2.754 27,2% Rp 7.022 34,2% Rp 8.842 * 38,6% Rp 9.967 25,4% Rp 4.809 34,9% Rp 6.605 39,7% Rp 7.516

2014F

24,3% Rp 4.312 40,7% Rp 7.209 * 35,0% Rp 6.210 26,8% Rp 4.041 30.8% Rp 4.649 42,3% Rp 6.382

2013

Sales New Contract Sales New Contract Sales New Contract

(bilion Rp.)

NEW CONTRACT & SALES

Sales New Contract Sales New Contract Sales New Contract

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Golden Steps to The Best 19

NEW CONTRACT

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Golden Steps to The Best 20

Description 2012 2013

CONSOLIDATED OF COMPREHENSIVE INCOME 2013

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Golden Steps to The Best 21

Description 1Q13 1Q14

CONSOLIDATED OF COMPREHENSIVE INCOME 1Q14

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Golden Steps to The Best 22

Description 2012 2013

Growth YoY

Total Current Assets 7.250,64 7.994,29 9,30% Total Non Current Assets 3.770,13 4.600,67 18,05% TOTAL ASSETS

11.020,77 12.594,96 12,50%

Total Current Liabilities 6.580,33 7.298,47 9,84% Total Non Current Liabilities 1.606,14 2.069,53 22,39% TOTAL LIABILITIES

8.186,47 9.368,00 12,61%

Share Capital 610,56 614,01 0,56% Treasury Stock (10,27) Additional PIC 756,06 713,75

5,93%

Change of Equity in Subsidiaries 23,53 429,40 94,52% Retained Earning 1.204,22 1.202,09

0,18%

Sub TOTAL EQUITY

2.594,36 2.948,96 12,02%

Non Controlling Interest 239,93 278,00 13,69% TOTAL EQUITY

2.834,30 3.226,96 12,17%

TOTAL LIABILLITIES & EQUITY

11.020,77 12.594,96 12,50%

CONSOLIDATED OF FINANCIAL POSITION 2013

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Golden Steps to The Best 23

Description 1Q13 1Q14

Growth YoY

Total Current Assets 7,994.29 7,892.37

1.27%

Total Non Current Assets 4,600.67 4,975.21 8.14% TOTAL ASSETS

12,594.96 12,867.58 2.16%

Total Current Liabilities 7,298.47 7,417.69 1.63% Total Non Current Liabilities 2,069.53 2,039.83

1.44%

TOTAL LIABILITIES

9,368.00 9,457.52 0.96%

Share Capital 614.00 614.00 0.00% Treasury Stock

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(10.27) 0.00% Additional PIC 713.75 713.75 0.00% Change of Equity in Subsidiaries 429.40 429.40 0.00% Retained Earning 1,202.09 1,369.61 13.94% Sub TOTAL EQUITY

2,948.96 3,116.48 5.68%

Non Controlling Interest 278.00 293.58 5.61% TOTAL EQUITY

3,226.96 3,410.06 5.67%

TOTAL LIABILLITIES & EQUITY

12,594.96 12,867.58 2.16%

CONSOLIDATED OF FINANCIAL POSITION 1Q14

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Golden Steps to The Best 24

Description

Received from Customers

9.680,39 11.253,37 Payment to Suppliers (8.828,93) (10.381,93 Payment for Directors and Employees (162,98) (233,39) Payment for Operating Expenses and Others (89,24) (124,53) Deposit Interest Receipt 36,49 24,11 Payment of Interest (44,58) (64,03) Payment of Taxes (112,99) (184,49) CASH FLOW FROM OPERATING ACTIVITIES 478,15 289,11 CASH FLOW FROM INVESTING ACTIVITIES (1.072,56) (619,87) CASH FLOW FROM FINANCING ACTIVITIES 871,06 185,31 INCREASE (DECREASE) OF NET CASH & CASH Q 276,65 (145,45) BEGINNING BALANCE OF CASH & CASH EQUIVALENT 1.255,50 1.532,15 ENDING BALANCE OF CASH & CASH EQUIVALENT 1.532,15 1.386,71

CONSOLIDATED STATEMENT OF CASH FLOW 2013

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Golden Steps to The Best 25

Description

Received from Customers

2,300.66 2,221.67 Payment to Suppliers (2,256.44) (2,276.28) Payment for Directors and Employees (48.12) (61.46) Payment for Operating Expenses and Others (34.98) (27.46) Deposit Interest Receipt 13.50 8.75 Payment of Interest (1.15) (10.51) Payment of Taxes (97.52) (75.68) CASH FLOW FROM OPERATING ACTIVITIES (124.06) (220.97) CASH FLOW FROM INVESTING ACTIVITIES (298.14) (156.15) CASH FLOW FROM FINANCING ACTIVITIES 294.29 133.52 INCREASE (DECREASE) OF NET CASH & CASH Q (127.91) (243.60) BEGINNING BALANCE OF CASH & CASH EQUIVALENT 1,499.14 1,386.71 ENDING BALANCE OF CASH & CASH EQUIVALENT 1,371.23 1,143.10

CONSOLIDATED STATEMENT OF CASH FLOW 1Q14

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Golden Steps to The Best

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CAPITAL EXPENDITURE 2013

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Golden Steps to The Best 27

CAPITAL EXPENDITURE 2014F

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Golden Steps to The Best

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SHAREHOLDER’S STRUCTURE

O ver 600 institutional investors
Approximately 8,391 individual shareholder
669 Employees and former employees are shareholders

h ld

SLIDE 29

Golden Steps to The Best

Year Net Income (IDR Bio) EPS (IDR) Dividend Payout Ratio 2008 156.03 26.75 30% 2009 189.22 33.37 30% 2010 284.92 50.15 35% 2011 354.5 60.59 30% 2012 457.86 76.01 30% 2013 569.94 92.93 30%

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STOCK PRICE PERFORMANCE

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Golden Steps to The Best

Additional Information is available upon request.

For further Information please contact: Natal Argawan Pardede, Corporate Secretary Phone (021) 8192808 or Facsimile (021) 8191235 Visit us: www.wika.co.id

Disclaimer
This material is for Information only, and we are not soliciting any action based upon it. This report is not to be construed

as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. The Information herein has been obtained from sources believed to be reliable, but we do not warrant that it is accurate or complete, and it should not be relied upon as such. Opinion expressed is our current opinion as of the date appearing on this material only, and subject to change without notice. It is intended for the use by recipient only and may not be reproduced or copied/photocopied or duplicated or made available in any form, by any means, or redistributed to others without written permission of PT Wijaya Karya (Persero) Tbk.

The End of Presentation

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