Corporate Presentation FY19 Results PT Telkom Indonesia (Persero) Tbk June 2020
Disclaimer 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 and development to differ substantially from those expressed or implied in the statements. The company does not guarantee that any action, which may have been taken in reliance of this document will bring specific results as expected. 2
FY19 Results Telkom in Brief FY19 Financial and Operational Results
Board of Directors CEO TELKOM GROUP DIRECTOR DIRECTOR DIRECTOR DIRECTOR TELKOM Group RIRIEK HARRY ZULHELFI EDWIN ACHMAD ADRIANSYAH M. ZEN ABIDIN ARISTIAWAN SUGIARTO DIRECTOR DIRECTOR DIRECTOR DIRECTOR BOGI SITI FAIZAL R. EDI WITJARA WITJAKSONO CHOIRIANA DJOEMADI CEO TELKOMSEL DIRECTOR DIRECTOR DIRECTOR DIRECTOR SETYANTO HERI SUPRIADI EDWARD YING RACHEL GOH RIRIN HANTORO WIDARYANI Telkomsel DIRECTOR DIRECTOR DIRECTOR FM VENUSIANA R IRFAN A. BHARAT ALVA TACHRIR 4
Share Ownership 52.1% 47.9% Government Public Telkom Indonesia is listed at Indonesia Stock Exchange ( Bloomberg: TLKM IJ) and New York Stock Exchange (TLK US ) Total Shares 99,062,216,600 shares Market Capitalization Rp 312 Tn (USD 21.4 Bn)* *as of May 29, 2020 5
FY19 Results Telkom in Brief FY19 Financial and Operational Results
FY19 Performance Highlights IndiHome continued its strong momentum with revenue increased by 28.1% to Rp18.3 trillion with 7 million subscribers by the end of 2019 Data, Internet, and IT Service increased by 16.6% to Rp65.7 trillion in FY19 driven by fast growing mobile data Telkom Indonesia's revenue grew by 3.7% YoY. Amidst continuous legacy revenue decline, EBITDA margin still went up by 2.6ppt to 47.8% due to increase of IndiHome’s EBITDA margin from 25.6% in FY18 to 33.9% in FY19 Cash flows from operating activities reach historical high of Rp54.95 trillion or jumped by 20.3% YoY during 2019 Telkomsel deployed c. 23 thousand 4G BTS during 2019 which brought total BTS on air to c. 212 thousand units. Telkom's fiber-based backbone length reached c. 164,700 KM. 7
IndiHome and Mobile Digital Business as the Growth Drivers FY19 Revenue YoY FY18 FY19 65.7 64.8 (Rp Trillion) 59.2 18.7 18.0 56.4 3.7% 45% 48% 14% 14% 135.6 39.6 130.8 32.2 EBITDA Net Income Rp Trillion Rp Trillion 18.3 14.3 11.8 10.2 6.3 5.5 2.9 3.2 IndiHome Interconnection Fixed Line Network & Other Data, Internet & Cellular Voice 28.1% 15.1% IT Services and SMS Voice Telco Services 9.6% 13.9% 16.6% 18.8% FY18 FY19 8
Expenses are Manageable FY19 Expense YoY (Rp Trillion) 43.8 42.2 FY18 FY19 1.3% 93.2 91.9 23.2 21.4 13.0 13.2 6.7 6.1 5.1 3.7 4.3 4.2 Interconnection Marketing General & Depreciation & Operation, Personnel 1.3% 18.5% 11.6% Maintenance & Administrative Amortization 9.1% 8.3% Telco Services 3.6% FY18 FY19 9
Fixed Broadband 18.3 tn IndiHome Revenue (Rp) 28.1% YoY Net additional subscribers 4Q19 491K ◼ Total IndiHome subscribers FY19 7.0 Mio (+37.2%) ◼ ◼ Dual Play 52% of total subs ◼ Triple Play 48% of total subs ◼ Consumer segment contributed 89% of revenues ARPU 4Q19 Rp244K ◼ 10
Telkomsel Performance Industry is going toward a healthier and rational condition for the overall telecommunications industry TSEL recorded a positive performance of Revenues, EBITDA & Net Income in FY-2019 YEAR ON YEAR REVENUES EBITDA NET INCOME CAPEX 3.7% 2.1% In Trillion In Trillion In Trillion In Trillion 7.7% 1.0% 91.1 49.2 89.2 47.4 14.1 Digital 13.0 25.8 Business 47.3 25.5 58.2 23.1% Margin Margin 29% 28% 53% 54% Legacy 41.9 32.9 21.7% FY18 FY19 FY18 FY19 FY18 FY19 FY18 FY19 TOTAL ASSET CUSTOMER BTS 5.0% In Trillion 0.1% In Million In Thousand 12.2% 171.1 212.2 163.0 82.7 82.7 189.1 FY18 FY19 FY18 FY19 FY18 FY19 11
Telkomsel Performance Continue to Focus on Digital Business : Engine of growth and accounted for 64% of Total Revenues YEAR ON YEAR Digital Business DIGITAL BUSINESS DATA USER DATA TRAFFIC REVENUES 23.1% In Million In PB 3.5% 53.6% In Trillion 58.2 47.3 110.3 106.6 6,558 Broadband 22.3% 50.6 4,271 41.3 Digital Services 7.7 6.0 29.0% FY18 FY19 FY18 FY19 FY18 FY19 3G/4G CAPABLE DEVICE 3G & 4G BTS ON AIR In Million In Thousand 16.7% 11.5% 161.9 138.8 119.3 79.8 56.7 107.0 4G BTS 40.9% 82.1 82.1 3G BTS ➔ 0.0% FY18 FY19 FY18 FY19 12
Enterprise Business Corporate 18.7 tn Enterprise Business Segment Revenue (Rp) 11.2 % YoY 56% ◼ Focus ocus to to mor more pr e profita ofitable ble Revenue contribution products pr oducts (e.g. Data Center & Cloud) and reduce educe lo low mar margin gin busine business ss Government ◼ To build new new Da Data ta Cent Center er that SME Segment will be completed in April 2021. Segment 29% 15% Revenue contribution Revenue contribution 13
Wholesale & International Business WIB is the key ey en enabler f bler for oth or other se er segme gments, nts, 10.6 tn Providing str strate tegic gic supp suppor ort t for TelkomGroup as Wholesale & well as serving external customers International Business 5.2% YoY Revenue (Rp) SEA-US 15,000 km from Manado, SEA-ME-WE-5 Indonesia - California, USA 20,000 km from Dumai, Indonesia - Marseille, France Indonesia Global Gateway Connect SEA-ME-WE 5, SEA-US and our domestic network 14 14
CAPEX CAPEX FY 2019 : Rp 36.6 trillion (27% of Revenue) Mobile : 4G network and IT enhancement Fixed Line : Fiber-based backbone and access, tower CAPEX FY 2020 : Around 25% of Revenue 15
Recent Activities COVID-19 Pandemic Spread COVID-19 outbreak has undeniable impact on the overall economy including in telco Industry . While we conduct all tactical action to help alleviate the impact of Covid-19 crisis, we anticipate that we might not be able to execute all programs that we have planned . 16
Thank You PT Telkom Indonesia (Persero) Tbk June 2020
Recommend
More recommend
