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PT Austindo Nusantara Jaya Tbk PT Austindo Nusantara Jaya Tbk Company Presentation Company Presentation Achieving Success Through Principle Centered Management Achieving Success Through Principle Centered Management January 2014 Disclaimer


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SLIDE 1

PT Austindo Nusantara Jaya Tbk

Company Presentation

Achieving Success Through Principle Centered Management

PT Austindo Nusantara Jaya Tbk

Company Presentation

Achieving Success Through Principle Centered Management January 2014

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SLIDE 2

Disclaimer

2 This presentation has been prepared by PT Austindo Nusantara Jaya Tbk (“ANJ” or “Company”) for informational purposes, and may contain 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 current assumptions which are subject to various risks and which may change over time. 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 projected. A prospective investor must make its own independent decision regarding investment in securities. Opinions expressed herein reflect the judgment of the Company as of the date of this presentation and may be subject to change without notice if the Company becomes aware of any information, whether specific to the Company, its business, or in general, which may have a material impact on any such opinions. The information is current only as of its date and shall not, under any circumstances, create any implication that the information contained therein is correct as of any time subsequent to the date thereof or that there has been no change in the financial condition or affairs of ANJ since such date. This presentation may be updated from time to time and there is no undertaking by ANJ to post any such amendments or supplements on this presentation. The Company will not be responsible for any consequences resulting from the use of this presentation as well as the reliance upon any opinion or statement contained herein or for any omission.

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SLIDE 3

Table of Contents

Section 1 Company Overview 4

  • Introduction

5

  • Corporate Structure Overview

6

  • Management

7 Section 2 Business Profile 9

  • Palm Oil

9

  • Sago

13

  • Renewable Energy

17 Section 3 Operational Highlights 19

  • Palm Oil

19

  • Sago

30

  • Renewable Energy

31

  • Other Investments

32 Section 4 Financial Highlights 33

  • Income Statement

34

  • Financial Position

36

3

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SLIDE 4

COMPANY OVERVIEW

Section 1

4

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SLIDE 5

Introduction

  • Established in 1993.
  • Listed on Indonesia Stock Exchange on 8 May 2013 (ANJT:IJ).
  • Floating 10% of shares with IPO price IDR 1,200.
  • Market capitalization as of 31 October 2013 was ~IDR 4.0tn at IDR

1,200/share.

5

PROFILE BUSINESS

  • Focus on food (palm oil & sago) and renewable energy.
  • Less than 5% of investments remaining in legacy businesses

e.g. tobacco, power generation.

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SLIDE 6

Notes 1. MDN is owned by George Tahija and his associates 2. AKJ is owned by Sjakon Tahija and his associates 3. Yayasan Tahija is a charitable organization for which Sjakon Tahija acts as governor and George Tahija as comptroller 4. ANJA holds 99.998% and the remaining 0.002% is held by SMM 5. Remaining shares are held by ANJ 6. ANJA holds 99.95% and the remaining 0.05% is held by SMM 7. PI holds 95% and ANJ holds 1%

Oil Palm Plantation Sago Others

ANJA

North Sumatra Plantation I

(99.996%) ANJAS(4)

North Sumatra Plantation II

(99.998%) SMM(5)

Belitung Island Plantation

(99.996%) KAL(6)

West Kalimantan Plantation

(99.95%) AANE

Biogas Project

(98.99%) DGI(9) (99.998%) PJP(10) (14.28%) CGSS(9) (5.00%) ANJAP (8)

Papua Sago Project

(99.50%) LSP (51%) GSB(5)

South Sumatra Landbank (95.00%)

PPM (5)

Papua Landbank

(95.00%) PMP (5)

Papua Landbank

(95.00%) GMIT

Tobacco Processing

(99.99%) MLII (11.88%) PMN(11) (99.999%) PI (20.00%) ATI (99.998%) AM (15.87%) SSM(7) SM (99.996%) SKPI BP 95.00% 20.00% 20.00% MDN(1) (40.31%) AKJ(2) (40.31) George Tahija (4.69%) Sjakon Tahija (4.68%) Yayasan Tahija(3) (<0.1%) Operating Oil Palm Plantations

8. ANJ holds 99.5% and the remaining 0.5% Is held by SMM 9. Project collaboration with Chevron

  • 10. Project collaboration with Freeport
  • 11. In liquidation

Oil Palm Minority Investments

6

Corporate Structure Overview

Public (10.00%) BOGA (99.999%)

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SLIDE 7

Experienced Management Team and Strong Corporate Governance

An Average of Over 25 Years of Plantation Experience

Achmad Hadi Fauzan Director, ANJ

  • Over 25 years of

agribusiness experience

  • Former Director of

Corporate Affairs at PT Sampoerna Agro Tbk Istini Tatiek Siddharta Deputy President Director, ANJ

  • Over 25 years of accounting

and finance experience and 13 years with ANJ

  • Former Partner of Siddharta,

Siddharta & Harsono, a member firm of KPMG Sucipto Maridjan Director, ANJ

  • Over 20 years of

experience in resource- based administrative management and 15 years with ANJ Suwito Anggoro President Director, ANJ

  • Over 30 years of energy and

management experience

  • Former President Director

and President Commissioner

  • f PT Chevron Pacific

Indonesia Handi Syarif Operational Director, ANJ Agri Papua

  • Over 25 years of operation

and supply chain management experience in multinational consumer goods and logistics industry Geetha Govindan President Director, ANJ Agri

  • Over 30 years of experience

in the palm oil industry in Indonesia and Malaysia

  • Joined ANJ Agri since

January 2014 Aloysius D’Cruz Estate Director, ANJ Agri

  • Over 35 years of agribusiness

experience

  • Former Joint President of Birla

Laos plantation, a subsidiary of Aditya Birla Group

7

  • Over 25 years of experience in

various industries such as finance, oil and gas, shipping and palm oil Bambang Soerjanto President Director, PPM & PMP

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SLIDE 8

Supported by a Reputable and Long-Standing Board of Commissioners

  • A. Machribie

Reksohadiprodjo Independent President Commissioner

  • Member of the ANJ Board of Commissioners

since July 1996 and President Commissioner since September 2003

  • Currently the President Director of PT Media

Televisi Indonesia (Metro TV)

  • Former Key Senior Advisor to Freeport-McMoran

Copper & Gold Inc and former Commissioner of PT Freeport Indonesia Sjakon G. Tahija Commissioner

  • Co-founder of ANJ and has served
  • n the Board of Commissioners

since 1985

  • Practicing Vitreoretinal Consultant

and founder of Klinik Mata Nusantara George S. Tahija Commissioner

  • Co-owner and former President Director of
  • ANJ. Mr. Tahija has been with the Company

for more than 20 years

  • Member of the Board of Trustees of Darden

School, University of Virginia, member of the Board of Supervisors of Endeavor Indonesia, as well as Founder and Chairman of the Coral Triangle Center Arifin M. Siregar Independent Commissioner

  • Member of the Board of

Commissioners since April 2001

  • President Commissioner of PT

Airfast Indonesia and a member of the Board of Commissioners of PT Cabot Indonesia

  • Former Governor of Bank

Indonesia, Minister of Trade and Indonesian Ambassador to the United States of America Istama T. Siddharta Commissioner

  • Member of the Board of

Commissioners since July 2004

  • He is currently the President

Director of PT Amalgamated Tricor

  • Former Chairman of

Siddharta, Siddharta & Widjaja, a member firm of KPMG Anastasius Wahyuhadi Commissioner

  • Appointed as Commissioner

in January 2006

  • Has served as a board

member of a number of ANJ’s subsidiaries & associates as well as multinational and national companies in Indonesia

  • Appointed Commissioner of

ANJ in March 2012

  • Serves as the Secretary to the

Centre for Strategic and International Studies Foundation

8

Josep Kristiadi Independent Commissioner

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SLIDE 9

BUSINESS PROFILE PALM OIL

Section 2

9

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SLIDE 10

Significant Plantable Landbank Supporting Future Plantings

KALIMANTAN PAPUA SUMATRA

Medan Jakarta

JAVA SULAWESI

Landbank 16,307 ha Plantable area 14,229 ha Planted area 14,229 ha Mature area 14,229 ha Conservation 1,348 ha Mill Capacity 60 MT/hr Average age 17.0 years Landbank 65,159 ha (4) Plantable area (2) 40,500 ha Planted area

  • Mature area
  • Conservation
  • Mill Capacity
  • Average age
  • Landbank

17,998 ha Plantable area (5) 12,030 ha Planted area 11,096 ha Mature area

  • Conservation

5,545 ha Mill Capacity 60 MT/hr in 2016 Average age 1.2 year

TOTAL

Landbank 139,038 ha Plantable area (2) 96,526 ha (3) Planted area 43,050 ha Mature area 31,954 ha Conservation 11,989 ha Mill Capacity 180 MT/hr Average age 11.9 years

PT Galempa Sejahtera Bersama (“GSB”)

Landbank 20,000 ha Plantable area (2) 12,042 ha (3) Planted area

  • Mature area
  • Conservation

3,457 Mill Capacity

  • Average age
  • PT Austindo Nusantara Jaya

Agri Siais (“ANJAS”)

Landbank 9,639 ha Plantable area 7,912 ha Planted area 7,912 ha Mature area 7,912 ha Conservation 1,639 ha Mill Capacity 60 MT/hr Average age 6.0 years

PT Austindo Nusantara Jaya Agri (“ANJA”)

Landbank 9,935 ha Plantable area 9,813 ha Planted area 9,813 ha Mature Area 9,813 ha Conservation

  • Mill Capacity

60 MT/hr Average age 18.6 years

Notes

  • 1. As at 30 Septemnber 2013
  • 2. Hectarage figures may change. Actual accurate plantable area and conservation area can only be determined after the completion of a detailed mapping process (which includes conservation area

study and land compensation process)

  • 3. Plantable area may potentially increase by 4,300 ha depending upon the outcome of consultation and agreement in relation to compensation with local farmers
  • 4. Of this 65,159 hectares, ANJ is currently entitled to apply for HGU rights in relation to an aggregate of 58,859 hectares.
  • 5. Plantable area after deduction of area to fulfill RSPO requirement

Areas of new plantings

PT Sahabat Mewah dan Makmur (“SMM”) PT Permata Putera Mandiri (“PPM”) PT Putera Manunggal Perkasa (“PMP”) PT Kayung Agro Lestari (“KAL”)

10

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SLIDE 11

Landbank

11

  • 11
  • 32
  • 32

11

  • 56

18 65

  • 10

20 30 40 50 60 70 Sumatra Kalimantan Papua In '000 hectare

Landbank As of 9M13

Immature Mature Planted Landrights

  • 20

40 60 80 100 120 140 Landrights Plantable area Planted area Mature area 54 44 33 29 54 44 37 30 139 97 41 32 139 97 43 32 In '000 hectare

Landbank

2010 2011 2012 9M13

  • The Papua palm oil project continues to make progress with the successful delivery of

compensation for 57,674 ha as of 9M13.

  • Total land compensated as of 3Q13 in South Sumatra, where progress remain slow, was 651

ha.

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SLIDE 12

Papua Project Location

12

BORNEO

Papua Sago & Palm Oil Project

INDONESIA

Papua Kalimantan Sumatra Java

Oil Palm Plantation Area Sago Area

  • 40,000 ha of land concessions for sago

harvesting.

  • 40,500 ha estimated plantable area for

palm oil

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SLIDE 13

BUSINESS PROFILE SAGO

Section 2

13

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Sago - Introduction

14

What is Sago?

  • Sago palms typically grow in forests, but can also be cultivated commercially
  • They grow in clusters of 3 to 5 of different intervals and have a life span of approximately 10

years

  • Sago starch is harvested from the trunk of the sago palm
  • Starch content is highest when sago palms are in their flowering stage, at 9 to10 years old
  • Harvesting is best performed within a window of 3 months prior to or after flower initiation stage

Terminology

“Rosette”

1

“Cluster”

2

“Trunk”

3

“Logs”

4 Uses of Sago

  • Noodle
  • Nutritional “Rice”
  • Bakery Products
  • Beverages
  • Confectioneries
  • Dairy and Dessert Products
  • Processed Food Products
  • Dietary Fiber
  • Modified Starch
  • Paper
  • Chemical
  • Textile
  • Metal and Adhesives
  • Pharmaceutical /

Industrial Ethanol

  • Dextrose Glucose

Food Industrial

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SLIDE 15

Sago – sustainable and natural production model minimizes production costs

  • Existing natural sago forests in

West Papua, Indonesia

  • Water supply chain networks

developed by ANJ

  • Growing cycle of ~10 years from

rosette to flowering stage

  • Clusters produce several palms at

the same time

  • Sago mill and related infrastructure
  • 3,000 tons/mth of starch capacity

expandable to 5,000 tons/mth

  • Only mature palm (in flowering

stage) will be harvested

  • Processed into dry native sago

starch 1 2 3 4 5 6

ANJ’s Production Process for Sago Starch

15

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SLIDE 16
  • Low initial capital outlay
  • Shorter payback period as ANJ's sago grows in natural forests
  • Capex required for mill and infrastructure only

Payback Period and ROI

  • Less volatile due to specialized customer base

Profit Margin

  • Low capex to vertically integrate into food products manufacturing
  • Food branding to attract pricing premium

Vertical Integration Cost

  • Premium organic substitute to cassava
  • Less volatile and less commoditized
  • Not correlated to crude oil or vegetable oil prices

Pricing Structure

  • Perpetual economic life
  • Utilization of entire palm
  • Higher tolerance to pests, diseases, droughts and floods as it grows in swamp

areas

  • More stable starch production profile

Tree Characteristics 1 3 4 5 6

  • Does not require fertilizing or pest management
  • Requires some pruning
  • Low labor intensity

Estate Management 2

  • Key Attractions of Sago

16

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SLIDE 17

BUSINESS PROFILE RENEWABLE ENERGY

Section 2

17

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SLIDE 18

Renewable Energy

18

  • Construction of first plant located in Belitung

Island was completed in 2012.

  • Power Purchase Agreement entered into with

PLN in November 2012.

  • Obtained a business license for electricity supply

known as IULPTL (previously IUKU) and is now a licensed independent power producer (IPP).

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SLIDE 19

OPERATIONAL HIGHLIGHTS PALM OIL

Section 3

19

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SLIDE 20

Operational Highlights

  • Weather effects resulted in lower production volume in Belitung

plantation in 3Q 2013.

  • North Sumatra 1 volume production improved further in 3Q 2013,

but still trailing result in 3Q 2012.

  • North Sumatra 2 volume production is higher by 19% compared to

2012.

20

Operating Plantation

  • 1. PALM OIL
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SLIDE 21

FFB Production

21

  • 50,000

100,000 150,000 200,000 250,000 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 In tonnes

FFB Production - Internal

ANJA SMM SIAIS Combined

  • 50

100 150 200 250 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 83 105 162 173 140 144 144 137 125 169 216 186 136 149 174 In '000 tonnes

FFB Production - Internal

  • Production in Belitung (SMM) experienced an unexpected decline in the third quarter due to

adverse weather conditions. Production in 9M13 declined 8.42% YoY to 190,856 ton.

  • North Sumatra 1 (ANJA) experienced an agronomic resting period in 1Q13 resulting to lower

production volumes. In 2Q13 the production level began to recover but remain lower year on year.

  • North Sumatra 2 (SIAIS) volume production in 9M13 was 19% higher compared to 2012.
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SLIDE 22

FFB Purchased

22

  • 10,000

20,000 30,000 40,000 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 In tonnes

FFB Purchased from third parties

ANJA SMM SIAIS Combined

  • 5

10 15 20 25 30 35 40 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 7 23 24 24 31 36 25 34 33 25 21 36 33 In '000 tonnes

FFB Purchased from third parties

  • Total FFB purchased from third parties in 9M13 vs. 9M12 were 90,118 ton and 91,655 ton, or

decreased 1.68% YoY.

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SLIDE 23

Volume of CPO Production - Mixed

23

  • 10

20 30 40 50 60 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 21 28 40 43 39 40 40 38 33 44 55 46 35 39 45 in '000 tonnes

Volume of CPO Production

  • 10,000

20,000 30,000 40,000 50,000 60,000 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 In tonnes

Volume of CPO Production

ANJA SMM SIAIS Combined

  • Total volume of CPO production in 9M13 vs. 9M12 were 118,838 ton and 131,812, or

decreased 9.84% YoY.

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SLIDE 24

Volume of PK Production - Mixed

24

  • Total volume of PK production in 9M13 vs. 9M12 were 26,847 ton and 29,908 ton, or

decreased 10.23% YoY.

  • 2,000

4,000 6,000 8,000 10,000 12,000 14,000 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 In tonnes

Volume of PK Production

ANJA SMM SIAIS Combined

  • 2

4 6 8 10 12 14 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 5 6 9 10 8 9 9 9 8 10 13 11 8 9 10 in '000 tonnes

Volume of PK Production

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SLIDE 25

Extraction Rate - Internal

25

22.76% 21.77% 22.33% 22.36% 22.55% 21.40% 21.99% 20.50% 21.00% 21.50% 22.00% 22.50% 23.00% 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13

OER

Internal 17.00% 19.00% 21.00% 23.00% 25.00% Jan-10 Apr-10 Jul-10 Oct-10 Jan-11 Apr-11 Jul-11 Oct-11 Jan-12 Apr-12 Jul-12 Oct-12 Jan-13 Apr-13 Jul-13

OER

ANJA SMM SIAIS Combined 5.14% 4.92% 5.11% 5.10% 4.99% 4.86% 5.04% 4.70% 4.80% 4.90% 5.00% 5.10% 5.20% 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13

KER

Internal 2.00% 3.00% 4.00% 5.00% 6.00% Jan-10 Apr-10 Jul-10 Oct-10 Jan-11 Apr-11 Jul-11 Oct-11 Jan-12 Apr-12 Jul-12 Oct-12 Jan-13 Apr-13 Jul-13

KER

ANJA SMM SIAIS Combined

  • OER in 9M13 and 9M12 were 21.96% and 22.25%.
  • KER in 9M13 and 9M12 were 4.96% and 5.05%.
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SLIDE 26

Sales Volume - Mixed

26

  • 10,000

20,000 30,000 40,000 50,000 60,000 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 In tonnes

CPO Sales Volume

ANJA SMM SIAIS Combined

  • 10

20 30 40 50 60 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 20 25 44 38 41 43 35 36 38 42 46 50 39 45 44 In '000 tonnes

CPO Sales Volume

  • CPO sales volume in 9M13 increased slightly by 0.9% YoY to 128,217 ton.
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SLIDE 27

Sales Volume - Mixed

27

  • 5,000

10,000 15,000 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 In tonnes

PK Sales Volume

ANJA SMM SIAIS Combined

  • 2

4 6 8 10 12 1Q 2010 2Q 2010 3Q 2010 4Q 2010 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 4 5 9 11 8 8 8 9 8 11 12 10 8 9 10 In '000 tonnes

Palm Kernel Sales Volume

  • PK sales volume in 9M13 decreased by 9.54% YoY to 27,375 ton.
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SLIDE 28

Sales Price

  • Average CPO selling price ex-mill in 9M13 and 9M12 were USD 683/mt and USD 830/mt, or

decreased 17.7% YoY.

  • Actual CPO selling price were higher compared to the benchmark used (Rotterdam Quote

minus Transport Cost to Belawan, Bulking & Docs, Export Tax, Freight Costs). Average premium obtained ~USD 30/mt.

28

835 870 790 658 670 698 679 471 459 386 303 302 337 354 200 400 600 800 1000 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 In USD/mt

Average Sales Price Ex-mill

CPO PK 500.00 600.00 700.00 800.00 900.00 1,000.00 1,100.00 1,200.00 In USD/mt

CPO Price Rotterdam Benchmark vs. Actual

Rotterdam Benchmark Ex-mill

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SLIDE 29

Operational Highlights

29

Planting Progress Total land planted 3Q13: 43,050 ha FY12: 40,852 ha

  • West Kalimantan estate will be fully planted by year end 2013 with

total area of 12,030 ha.

  • Papua land preparation progress much quicker than expected.

First nursery is prepared and land clearing will start soon.

  • South Sumatra land compensation progresses in a very cautious
  • way. We start planting on 18 October 2013.
  • 2. PALM OIL
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SLIDE 30

Operational Highlights

  • Construction is at machineries integration stage.
  • Commissioning and trial production will start soon.
  • Trial production period during which the product’s characteristics

will be calibrated and transport logistics established will take about 6 months.

30

First Mill Construction Progress

  • 3. SAGO
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SLIDE 31

Operational Highlights

31

AANE

  • AANE is in final stage of its machineries installation, after a slight

delay on importation, expected to complete and start electricity production at the end of November.

  • 4. RENEWABLE ENERGY

DGI

  • DGI unit 2 will resume production in December 2013, after

extensive series on the whole machineries by the Operator.

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SLIDE 32

Operational Highlights

32

  • Lower than expected performances.
  • 5. OTHER INVESTMENTS

Minority Interest in Palm Oil Energy Tobacco

  • Absent of dividend from Puncajaya Power.
  • Better sales and profit.
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SLIDE 33

FINANCIAL HIGHLIGHTS

SECTION 4

33

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SLIDE 34

Income Statement

34

In USD (thousands) 9M13 9M12 Diff % Income 114,491 141,899 (27,408)

  • 19.3%

Expenses 92,096 93,237 (1,141)

  • 1.2%

Income before tax 22,395 48,662 (26,267)

  • 54.0%

Net income from continuing operations 14,010 34,459 (20,449)

  • 59.3%

Net income from discontinued operations

  • 56,703

(56,703)

  • 100.0%

Net income for the year 14,010 91,162 (77,152)

  • 84.6%

Non controlling interest 12 2,359 (2,347)

  • 99.5%

Net income attributable to company owners 14,022 88,803 (74,781)

  • 84.2%

EBITDA 26,220 52,213 (25,993)

  • 49.8%

EBITDA margin 24.90% 40.80%

9M13 9M12 FY12 105.2 127.9 165.9 71.4 66.3 88.2 33.8 61.6 77.6 26.2 52.2 63.3 14.0 34.5 42.0 In USD million

Financial Highlights

Revenues Cost of revenues Gross profit EBITDA Net income

  • Total income for the first nine months
  • f 2013 amounted to USD 114.5mn, a

decline of 19.3% YoY.

  • Net income for the same period from

continuing operations was USD 14.0mn, down 59.3% YoY.

  • The results were primarily driven by

depressed CPO prices and lower than expected production volumes.

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SLIDE 35

Income Statement

35

1Q13 2Q13 3Q13 1Q12 2Q12 3Q12 Income 35,483 39,864 39,144 41,245 49,269 51,385 Expenses 29,560 32,419 30,117 29,886 33,286 30,065 Income before tax 5,923 7,445 9,027 11,359 15,983 21,321 Net income from continuing operations 3,839 4,887 5,284 8,178 10,937 15,344 Net income from discontinued operations

  • 56,703
  • Net income for the year

3,839 4,887 5,284 64,881 10,937 15,344 Non controlling interest 2 2 8 2,360 (2)

  • Net income attributable to company owners

3,840 4,890 5,292 62,521 10,939 15,344 EBITDA 8,742 8,079 9,401 13,803 18,134 20,277 EBITDA margin 26.30% 22.20% 26.40% 36.50% 39.80% 45.50% 2013 2012 In USD (thousands)

1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 37.8 45.5 44.6 38.0 33.2 36.5 35.6 21.2 25.1 20.0 21.9 22.0 25.7 23.6 16.6 20.4 24.5 16.1 11.2 10.7 12.0 13.8 18.1 20.3 11.4 8.7 8.1 9.4 8.2 10.9 15.3 7.5 3.8 4.9 5.3 In USD million

Financial Highlights

Revenues Cost of revenues Gross profit EBITDA Net income 85% 90% 95% 100% 9M13 9M12 91.9% 92.7% 5.6% 3.9% 2.5% 3.5%

Revenues

Palm oil and palm kernel Tobacco Service concession revenue

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SLIDE 36

Financial Position

36

In USD (thousands) 9M13 FY12 A Diff % Current assets 87,095 109,319 (22,224)

  • 20.3%

Non current assets 318,611 290,049 28,562 9.8% Total assets 405,705 399,368 6,337 1.6% Current liabilities 31,659 55,881 (24,222)

  • 43.3%

Non current liabilities 14,327 15,818 (1,491)

  • 9.4%

Total liabilities 45,985 71,699 (25,714)

  • 35.9%

Equity attributable to company owners 359,139 326,962 32,177 9.8% Total equity 359,720 327,669 32,051 9.8%

  • Healthy balance sheet indicates 9M13 assets increased 1.6% to USD 405.7mn, mainly from

palm oil land right processing in South Sumatra and Papua.

  • Liabilities significantly decreased by USD 25.7mn with a USD 15.6mn reduction in taxes

payable.

  • Following the IPO in 1H13, total equity attributable to company owners increased 9.8% from

USD 327mn in FY12 to USD 359mn.

  • Total cash and cash equivalent amounted to USD 47.7mn as of 9M13.
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SLIDE 37

Contact Us

If you need further information, please contact our Investor Relations Department: PT Austindo Nusantara Jaya Tbk Atrium Mulia, 3A Floor, Suite 3A-02

  • Jl. H.R. Rasuna Said Kav B.10-11

Jakarta 12910 - Indonesia T: +62-21-29651777 F: +62-21-29651788 E: investor.relations@anj-group.com www.anj-group.com

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SLIDE 38

THANK YOU

END OF PRESENTATION

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