Corporate Presentation 1Q20 Results PT Telkom Indonesia (Persero) Tbk July 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
1Q20 Results Telkom in Brief 1Q20 Financial and Operational Results
Board of Directors CEO TELKOM GROUP DIRECTOR DIRECTOR DIRECTOR DIRECTOR TELKOM Group RIRIEK HERI SUPRIADI HERLAN DIAN EDI ADRIANSYAH WIDJANARKO RACHMAWAN WITJARA DIRECTOR DIRECTOR DIRECTOR DIRECTOR FM VENUSIANA R BUDI SETYAWAN FAJRIN AFRIWANDI WIJAYA RASYID CEO TELKOMSEL DIRECTOR DIRECTOR DIRECTOR DIRECTOR SETYANTO LEONARDUS EDWARD YING RACHEL GOH RIRIN HANTORO WAHYU WIDARYANI Telkomsel WASONO DIRECTOR DIRECTOR DIRECTOR HENDRI MULYA R. MUHARAM BHARAT ALVA SYAM PERBAWAMUKTI 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 302 Tn (USD 21.7 Bn)* *as of Jun 30, 2020 5
1Q20 Results Telkom in Brief 1Q20 Financial and Operational Results
1Q20 Highlights Covid-19 pandemic has impacted all sectors, including in telecommunication. For Telkom, the degree of impact for each segment is different . Our well diversified revenue portfolios allow us to be less dependent on one particular segment IndiHome continued its strong momentum with revenue increased by 19.7% YoY to Rp5.1 trillion in 1Q20 driven by the increasing number of IndiHome subscribers Telkomsel's digital business grew by 16.3% YoY to Rp15.8 trillion and increased its contribution to total revenue progressively to 70.6% from 61.4% last year. 7
IndiHome and Mobile Digital Services as the Growth Driver 1Q20 Revenue YoY 1Q19 1Q20 (Rp Trillion) 17.8 18.8 1.9% 17.5 6.2 16.6 5.9 34.8 34.2 53.0 % 54.9 % 17.9 % 17.1 % EBITDA Net Income 9.0 Rp Trillion Rp Trillion 7.0 5.1 4.2 3.4 2.2 2.1 1.6 Data, Internet & SMS, Fixed & IndiHome Interconnection Network & Other 19.7% 27.1% IT Services Cellular Voice Telco Services 7.2% 21.4% 35.6% 1 Q19 1 Q20 8
Expenses are Manageable 1Q20 Expense YoY 10.7 (Rp Trillion) 1Q19 1Q20 8.3 2.4% 6.8 5.6 22.8 22.3 3.5 3.1 1.6 1.5 1.3 1.3 0.9 0.6 Interconnection Marketing General & Depreciation & Operation, Personnel 10.2% 19.8% 29.3% Maintenance & Administrative Amortization 21.5% 21.4% Telco Services 22.9% 1 Q19 1 Q20 9
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 1Q20 YEAR ON YEAR REVENUES EBITDA NET INCOME CAPEX 13.9% 1.1% In Trillion In Trillion In Trillion In Trillion 4.1% 9.0% 22.4 13,8 22.2 12,1 2,5 2,4 Digital Business 47.3 7,1 58.2 16.3% 6,5 Margin Margin 29% 32% 55% 62% Legacy 41.9 23.1% 32.9 1Q19 1Q20 1Q19 1Q20 1Q19 1Q20 1Q19 1Q20 TOTAL ASSET CUSTOMER BTS 3.6% In Trillion 21.2% In Million In Thousand 11.1% 219,3 168,6 108,8 162,6 197,5 89,7 1Q19 1Q20 1Q19 1Q20 1Q19 1Q20 10
Telkomsel Performance Continue to Focus on Digital Business : Engine of growth and accounted for 71% of Total Revenues YEAR ON YEAR Digital Business DIGITAL BUSINESS DATA USER DATA USER REVENUES CONSUMPTION 16.3% In Million 5.4% 42.4% In Trillion In MB 15.8 13.6 111,1 105,1 6.533 Broadband 16.7% 13,9 4.588 11,9 Digital Services 2,0 1,7 13.6% 1Q19 1Q19 1Q20 1Q20 1Q19 1Q20 1Q19 1Q20 DATA TRAFFIC 3G/4G CAPABLE DEVICE 3G & 4G BTS ON AIR In PB In Million In Thousand 14.8% 41.7% 3.6% 169.0 147.2 113,6 109,6 1.950 86,9 4G BTS 65,1 1.376 33.6% 3G BTS 82,1 82,1 0.0% 1Q19 1Q20 1Q19 1Q20 1Q19 1Q20 11
Fixed Broadband 5.1 tn IndiHome Net additional subscribers 1Q20 252K Revenue (Rp) Total IndiHome subscribers FY19 7.3 Mn (+31.4%) 19.7% YoY Dual Play 54% of total subs Triple Play 46% of total subs Revenue from add-ons contributed around 14.0% of total Indihome 1Q20 ARPU 1Q20 Rp240K 12 12
Enterprise Business Continue to focus on improving the 4.3 tn Enterprise Business fundamentals . Revenue (Rp) 31.6 % YoY Prioritize to focus to higher profitability products to get better quality revenues . Contribution to Enterprise Revenue 18 % 61 % 21 % Significant increase in Service Solutions, Data Center & Cloud business, and Enterprise Connectivity Government SME Corporate Segment Segment Segment 13 13 13
Wholesale & International Business 3.4 tn Wholesale & Growing on the back of tower business . International Business 15.1% YoY Revenue (Rp) Key enabler for other segments, and serve external customers 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
Recent Activities New Accounting Standards Dividend and Changes of BoD and BoC of Telkom We adopted new Indonesian accounting standards for PSAK 71, 72 and 73 which are Annual General Meeting of Shareholders (AGMS) mirroring to IFRS 9, 15 and 16. approved the distribution of dividends in the amount of Rp15.26 trillion (payout ratio of 81.78%), equals to Mainly impacted to lower O&M cost, higher Rp154.1 per share. asset, higher liability, higher depreciation and higher interest charges. AGMS also approved the changes of the Company's Board of Commissioners and Board of Directors. 15 15 15
Thank You PT. Telekomunikasi Indonesia, Tbk. July 2020
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