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 2
BUSINESS PORTFOLIO Industry Infrastructure & Building Energy & Industrial Plant Realty & Property Investment BUSINESS LINE Beton Precast : - Concrete Precast Product - PC Bar dan PC Wire - Pengelolaan Material Alam - Chemical Adimixture Company - Mould Maker - Post Tensioning Industrial Facilities : - Steel Fabrication - Aluminium Casting - Plastic Injection Bitumen : - Granular Asphalt - Extraction Asphalt Civil Construction : - Road and Bridge - Seaport/Airport/Jetty - Dam & Barrage Building Construction : - Residential & Commercial - Facility Steel Construction : - Erection - Equipment Installation EPC : - Oil and Gas Plant - Petrochemical Plant - Cement Plant - Coal - Mining - Biofuels - Fertilizer - Pharmacy - Power Plant Operation & Maintenance : - Power Plant - Industrial Equipment Realty : - Landed House - Highrise : - Apartment - Condotel - Office - Mixed Use Property Management Industrial Estate Energy Water & Environment Transportation WORKING UNIT Civil Work Department 1 Civil Work Department 2 Regional Department Overseas Department Building Department Industrial Plant Department Power Construction Department Power Investment Department Building Department Power Investment Department Civil Work Department Building Department Industrial Plant Department 3
INFRASTRUCTURE & BUILDING Civil Construction 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. 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 4
INFRASTRUCTURE & BUILDING Building Construction 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 15 November 2013 The New Ngurah Rai International Airport was finished and handover to Angkasa Pura I. 5
ENERGY & INDUSTRIAL PLANT EPC WIKA s 1st EPC of Coal Fired Power Plant Amurang 2 X 25 MW, North Sulawesi, WIKA become the pioneer of local company to finished EPC power plant outside Java Aircraft Fuel Depot (DPPU) Soekarno Hatta Airport, Banten. The development and replacement of DPPU Soekarno Hatta Airport 6
ENERGY & INDUSTRIAL PLANT Operating & Maintenance Operation & Maintenance Diesel Engine PP Bali 3X18 MW Operation & Maintenance Diesel Engine PP Bali 3X18 MW 7
INDUSTRY Beton Precast Bogor Plant - The biggest plant with 8 line of production, produce piles and poles precast Operational Area 8
INDUSTRY Industrial Facilities Steel Fabrication Clinker and Cement Additives Transport System 9
INDUSTRY Bitumen ASPHALT MINING 10
PROPERTY Realty Ongoing Project 11
INVESMENT Energy TURBINE GAS POWER PLANT BORANG 2 X 30MW DIESEL ENGINE POWER PLANT BALI 3 X 18 MW 12
CORPORATE ASSESSMENT GCG SCORE (Assessor: BPKP) CORPORATE RATING (Assessor: PEFINDO) PERFORMANCE EXCELLENCE ENGAGEMENT LEVEL RISK MATURITY LEVEL 1.Menggunakan 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
AWARDS & CERTIFICATIONS 14
CORPORATE GOVERNANCE ASSESSMENT GCG SCORE ( BPKP BUMN BERSIH BPKP CGPI INDEX ASEAN SCORECARD 15
ORDER BOOK, NEW CONTRACT, SALES & NET INCOME 2010-2014F CAGR Sales 18,52% CAGR Net Income 19,02% 33,718 38,267 49,972 26,591 25,831 20,839 10,223 6,023 285 13,568 354 7,742 17,125 479 9,905 17,731 570 11,885 678 14,098 2010 2011 2012 2013 2014F Order Book New Contract Sales Net Income 16
NEW CONTRACT & SALES (miliar Rp.) New Contract Sales New Contract Sales New Contract Sales * 51,0% (Rp 8.740) 27.6% (Rp 2.754) * 35,0% (Rp 6.210) 42,3% (Rp 6.382) * 38,6% (Rp 9.967) 39,7% (Rp 7.516) 30,6% (Rp 5.249) 39.4% (Rp 3.938) 40,7% (Rp 7.209) 30.8% (Rp 4.649) 34,2% (Rp 8.842) 34,9% (Rp 6.605) 18,4% (Rp 3.136) 33.0% (Rp 3.302) 24,3% (Rp 4.312) 26,8% (Rp 4.041) 27,2% (Rp 7.022) 25,4% (Rp 4.809) 2012 2013 2014F * Included Private Project in Oil & Gas 2012 = Rp 1,73 triliun 2013 = Rp 859 miliar 2014 = Rp 2,4 triliun Private SOE Government 17
CONSOLIDATED OF COMPREHENSIVE INCOME 2013 Description 2012 2013
CONSOLIDATED OF FINANCIAL POSITION 2013 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 0 (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 COMPREHENSIVE INCOME 1Q14 Description 1Q13 1Q14
CONSOLIDATED STATEMENT OF CASH FLOW 2013 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 276,65 (145,45) BEGINNING Q BALANCE OF CASH & CASH EQUIVALENT 1.255,50 1.532,15 ENDING BALANCE OF CASH & CASH EQUIVALENT 1.532,15 1.386,71
CONSOLIDATED OF FINANCIAL POSITION 1Q14 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 (10.27) (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 STATEMENT OF CASH FLOW 2013 Description Received from Customers 2,300.66 2,221.67-3.43% Payment to Suppliers (2,256.44) (2,276.28) 0.88% Payment for Directors and Employees (48.12) (61.46) 27.73% Payment for Operating Expenses and Others (34.98) (27.46) -21.49% Deposit Interest Receipt 13.50 8.75-35.20% Payment of Interest (1.15) (10.51) 810.39% Payment of Taxes (97.52) (75.68) -22.40% CASH FLOW FROM OPERATING ACTIVITIES (124.06) (220.97) 78.12% CASH FLOW FROM INVESTING ACTIVITIES (298.14) (156.15) -47.62% CASH FLOW FROM FINANCING ACTIVITIES 294.29 133.52-54.63% INCREASE (DECREASE) OF NET CASH & CASH (127.91) (243.60) 90.45% BEGINNING Q BALANCE OF CASH & CASH 1,499.14 1,386.71-7.50% ENDING Q BALANCE OF CASH & CASH Q 1,371.23 1,143.10-16.64%
CAPITAL EXPENDITURE 2013
CAPITAL EXPENDITURE 2014F
INVESTMENT
INVESTMENT
INVESTMENT
INVESTMENT
INVESTMENT
SHAREHOLDER S STRUCTURE Over 600 institutional investors Approximately 8,391 individual shareholder 669 Employees and former employees are shareholders
Analyst Recommendation as of March 2014 Target Price Rp2.300 Buy Holds Overweight Reduce Underweight Source: BLOOMBERG, target price from 19 analyst as of March 2014 Median Rp2.300 Maximum Rp3.000 Minimum Rp1.650 Source: BLOOMBERG, target price from 17 analyst as of March 2014 32
STOCK PRICE PERFORMANCE 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%
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 The End of Presentation 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.