PUBLIC EXPOSE TAHUNAN PT INTAN BARUPRANA FINANCE TBK Auditorium 5 th Floor, INTA HQ Building Jakarta, 27 Oktober 2015
Key Company Highlights Vision, Mission, Strategy VISION To be Tier 1 Finance Company in the financial industry in Indonesia MISSION To create job and prosperity, and build and grow with aspiring local entrepreneurs STRATEGY TohaveCapitalRp.1trillionorhigherandratingsingleAorbetter. Through upholding Good Corporate Governance, respecting all stakeholders, practicing highest professionalism and having honest character.
Key Company Highlights Milestones On September 4, 1991, the Company was established with a name PT Intan Baruprana Finance The Company s business activities were expanded, namely moving into financing based on syariah principles on April 8, 2010 The Company listed (go public) its shares on the Indonesian Stock Exchange with code:ibfn on December 22, 2014 1991 2010 2014 \ 2003 2013 On February 14, 2003, PT Inta Finance and Employee Cooperative of PT Intraco Penta, Tbk become shareholders (acquired by INTA) On August 15, 2013, Phillip Asia Pacific Opportunity Fund, Ltd became a shareholder of the Company by holding 9.71% shares.
Overview of the Company Awards and Achievements The company is well recognized in the Indonesian multifinance sector, having been given numerous awards from Investor and Infobank magazines. Investor Magazine Awards Infobank Magazine Awards September 2015 The 2 nd best multifinance company (Total Assets between Rp2tn Rp5tn) October 2014 The 9 th best multifinance company (Total Assets between Rp2tn Rp5tn) August 2015 Rated Very Good and ranked 8 th (Assets category between Rp1tn 5tn) August 2014 Rated Very Good and ranked 9 th (Assets category above Rp 1 trillion) September 2013 The 5 th best multifinance company (Total Assets between Rp1tn Rp2tn) October 2012 The 3 rd best multifinance company (Total Assets between Rp1tn Rp2tn) September 2011 The 12 th best multifinance company (Total Assets between Rp500bn Rp1tn) August 2013 Rated Very Good and ranked 37 th (Assets category above Rp 1 trillion) August 2012 Rated Very Good and ranked 17 th (Assets category above Rp 1 trillion) August 2011 Rated Very Good and ranked 35 th (Assets category between Rp 100 billion Rp 1 trillion)
Business Strategy Maintaining captive market Expanding the non-captive market Improving the assets quality Penetrating new industry sectors Lowering cost of fund Focusing on the customer Prioritize to provide financing services for INTA customers Provide financing for non-inta products Target to have 50:50 captive and non-captive portfolio in the near future Understand client s needs Knowing client s business Assess payment capabilities Diversify portfolio to construction & infrastructure, agribusiness, transportation (land,sea), oil & gas, hospitality, healthcare and various sector Establish a joint-financing /channeling scheme issue MTN, Bonds Provide tailor made financing Have skilled and experienced personnel Have depth knowledge in heavy equipments industry
Financial Revenue Revenue from FY10A FY14A; Sept 14UA 15UA (in Rp mn) 398.420 352.224 258.738 278.379 173.443 111.628 47.784 FY10A FY11A FY12A FY13A FY14A Sept14 Sept15 Source: AFS 2010, 2011, 2012, 2013,2014 & UAFS Sept 2014, 2015
Financial Net Income Net Income FY10A FY14A; Sept 14UA 15UA (in Rp Mn) 60.545 50.361 47.267 17.555 24.721 31.825 5.866 FY10A FY11A FY12A FY13A FY14A Sept14UA Sept15UA Net Profit Margin FY10A FY14A; Sept 14UA 15UA (%) 18,09% 15,73% 15,20% 14,25% 13,42% 12,28% 12,30% FY10A FY11A FY12A FY13A FY14A Sept14UA Sept15UA
Financial New Booking New Bookingfrom FY10 FY14; Sept 14 15 (in Rp mn) 985.244 1.041.619 997.275 1.071.313 847.707 715.798 440.983 Dec 10 Dec 11 Dec 12 Dec 13 Dec 14 Sept 14 Sept 15 Source: FS 2010, 2011, 2012, 2013,2014 & FS Sept 2014, 2015
Financial Financing Portofolio By type in FYDec14(Value) By type in Sept15(Value) Tug and Barge 8.02% Others 1.96% Tug and Barge 7.65% Others 2.61% Property 0.34% Truck 19.62% Machinery 14.22% Heavy Equipment 55.83% Property 0.16% Truck 17.66% Machinery 25.59% Heavy Equipment 46.33% Source: MA as of Des 2014 & Sept 2015
Financial Financing Portofolio By type in FYDec14(Unit) By type in Sept15(Unit) Truck 30.26% Tug and Barge 0.60% Heavy Equipment 49.47% Property 0.26% Truck 11.08% Tug and Barge 0.23% Heavy Equipment 16.55% Property 2.60% Machinery 17.07% Machinery 71.88% Source: MA as of Des 2014 & Sept 2015
Financial Financing Portofolio By sector industry in FY Dec14(Value) By sector industry in Sept15(Value) Construction 6% Other 3% Construction 6% Other 11% Transport & Logistic 26% Coal Mining 43% Transport & Logistic 22% Coal Mining 40% Agribusiness 4% Quarry 2% Oil & Gas 9% Bauxite 2% Gold 2% Nickel 3% Agribusiness 3% Quarry 2% Oil & Gas 11% Logam 1% Bauxite 0% Nickel 3% Gold 1% Source: MA as of Des 2014 & Sept 2015
Financial Financing Portofolio By sector industry in FY Dec14(Unit) By sector industry in Sept15(Unit) Construction 8% Other 3% Coal Mining 10% Nickel 1% Gold 1% Bauxite 0% Logam 0% Coal Mining 29% Transport & Logistic 31% Nickel 4% Other 49% Oil & Gas 22% Agribusiness 9% Quarry 1% Oil & Gas 12% Gold 1% Bauxite 2% Construction 3% Quarry 1% Agribusiness 3% Transport & Logistic 10% Source: MA as of Des 2014 & Sept 2015
Financial Funding Outstanding loans per bank & financial institutions Bank loans+financial institutions+mtn at Dec14A & Sept15UA Currency: Rpbn Dec14A Sept15UA Bank Artha Graha 67 29 BPD Jabar dan Banten 19 1 BNI 292 243 Bank SBI Indonesia 25 48 Bank MNC(ICB Bumiputera) 96 163 Bank Mestika 74 75 Indonesia Eximbank - 158 Total Conventional Loans 581 717 Unamortized transaction cost (2) (2) BSM 159 76 Bank Muamalat Indonesia 312 328 BNI Syariah 189 185 Bank Maybank Syariah Indonesia 78 91 Bank Jabar Banten Syariah 37 10 BCA Syariah 17 7 Bank Bukopin Syariah 3 1 Bank Rakyat Indonesia Syariah 3 2 ICD (The IslamicCorp. For The Development Of The Private Sector) - 77 Total Sharia Loans 798 777 Bank loans & financial institutions 1.377 1.492 MTN (Medium Terms Notes) 300 300 Sharia 48% USD 21% Conventional vs Sharia Convent 52% IDR 79% IDR vsusd Sharia 43% USD; 18% Convent 57% IDR; 82%
Financial Assets, Equity & Ratios Assets (Rp billion) Equity (Rp billion) 3.040 3.576 565 612 2.355 394 570 1.378 1.795 120 187 212 Dec 10A Dec 11A Dec 12A Dec 13A Dec 14A Sept 15UA Dec 10A Dec 11A Dec 12A Dec 13A Dec 14A Sept 15UA ROA & ROE (%) Gearing Ratio (%) 4,91% 9,38% 11,69% 8,08% 10,73% 10,04% ROA ROE 295% 408% 557% 336% 286% 289% 1,03% 1,27% 1,38% 1,35% 1,99% 1,78% Dec10A Dec11A Dec12A Dec13A Dec14A Sept15UA Source: AFS 2010, 2011, 2012, 2013, 2014 & Sept 2015UA (ROA & ROE Sept 2015UA disetahunkan) Dec10A Dec11A Dec12A Dec13A Des14A Sept15UA
Opportunities and Potentials Huge and growing middle class Very young population Infrastructure is the main theme of the current government namely toll road, power plant, airport, and seaport. These are the areas where leasing can contribute and play big role. Healthcare and alternative energy.
Challenges Growth is dependent and limited by availability of bank lines Investment grade is BBB - but in practice investors look for A flat Capital market is robust but favor the big names, big sharehlders, and big market cap
Q & A
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