IDR Bio - PT Wijaya Karya (Persero)

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• 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
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
Infrastructure & Building Energy & Industrial Plant
Civil Construction :
- Road and Bridge
- Seaport/Airport/Jetty
- Dam & Barrage
Building Construction :
- Residential & Commercial
- Facility
Steel Construction :
- Erection
- Equipment Installation
EPC :
Realty :
- Oil and Gas Plant
- Petrochemical Plant
- Cement Plant
- Coal
- Mining
- Biofuels
- Fertilizer
- Pharmacy
- Power Plant
- Landed House
- Highrise :
- Apartment
- Condotel
- Office
- Mixed Use
Operation & Maintenance :
Investment
Energy
Water & Environment
Transportation
Property Management
Industrial Estate
- Power Plant
- Industrial Equipment
Bitumen :
- Granular Asphalt
- Extraction Asphalt
WORKING UNIT
Realty & Property
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
Jakarta MRT
Underground
and Elevated
Section
Design
and
built
for
civil
work
including
8
elevated
more than 100m and 980 cubic mtr capacity, planned
stations
andacre
13 Underground
Stations
to have function to irrigate
90.000
area, providing
Estimated Time of Completion 2018
fresh water for society .
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
IGGN
IGGO
IGGP
IGHG
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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
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15
ORDER BOOK, NEW CONTRACT, SALES & NET INCOME
2010 - 2014F
et I
RN
CAG
%
2
19,0
ales
RS
CAG
49,972
e
ncom
%
2
18,5
38,267
33,718
26,591
25,831
20,839
17,125
17,731
13,568
10,223
6,023
285
2010
Order Book
7,742
354
2011
479
9,905
2012
New Contract
570
2013
Sales
11,885
678
14,098
2014F
Net Income
16
NEW CONTRACT & SALES
(miliar Rp.)
Sales
New Contract
27.6%
(Rp 2.754)
*
35,0%
(Rp 6.210)
New Contract
*
51,0%
(Rp 8.740)
39.4%
(Rp 3.938)
30,6%
(Rp 5.249)
18,4%
(Rp 3.136)
33.0%
(Rp 3.302)
40,7%
(Rp 7.209)
24,3%
(Rp 4.312)
New Contract
Sales
42,3%
(Rp 6.382)
*
38,6%
(Rp 9.967)
39,7%
(Rp 7.516)
30.8%
(Rp 4.649)
34,2%
(Rp 8.842)
26,8%
(Rp 4.041)
Private
SOE
27,2%
(Rp 7.022)
34,9%
(Rp 6.605)
25,4%
(Rp 4.809)
2014F
2013
2012
* Included Private Project in Oil & Gas
2012
= Rp 1,73 triliun
2013
= Rp 859 miliar
2014
= Rp 2,4 triliun
Sales
Government
17
CONSOLIDATED OF COMPREHENSIVE INCOME 2013
A
;$*B
Description
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CONSOLIDATED OF FINANCIAL POSITION 2013
A
;$*B
Description
Total Current Assets
Total Non Current Assets
TOTAL ASSETS
Total Current Liabilities
Total Non Current Liabilities
TOTAL LIABILITIES
Share Capital
Treasury Stock
Additional PIC
Change of Equity in Subsidiaries
Retained Earning
Sub TOTAL EQUITY
Non Controlling Interest
TOTAL EQUITY
TOTAL LIABILLITIES & EQUITY
2012
7.250,64
3.770,13
Growth YoY
2013
7.994,29
9,30%
4.600,67
18,05%
11.020,77
12.594,96
12,50%
6.580,33
1.606,14
7.298,47
2.069,53
9,84%
22,39%
8.186,47
9.368,00
12,61%
610,56
0
756,06
23,53
1.204,22
614,01
(10,27)
713,75
429,40
1.202,09
0,56%
-5,93%
94,52%
-0,18%
2.594,36
2.948,96
12,02%
239,93
278,00
13,69%
2.834,30
3.226,96
12,17%
11.020,77
12.594,96
12,50%
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CONSOLIDATED OF COMPREHENSIVE INCOME 1Q14
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CONSOLIDATED STATEMENT OF CASH FLOW 2013
A
;$*B
Description
Received from Customers
Payment to Suppliers
Payment for Directors and Employees
Payment for Operating Expenses and Others
Deposit Interest Receipt
Payment of Interest
Payment of Taxes
CASH FLOW FROM OPERATING ACTIVITIES
CASH FLOW FROM INVESTING ACTIVITIES
CASH FLOW FROM FINANCING ACTIVITIES
INCREASE (DECREASE) OF NET CASH & CASH
Q
BEGINNING
BALANCE OF CASH & CASH EQUIVALENT
ENDING BALANCE OF CASH & CASH EQUIVALENT
IGHI
IGHJ
9.680,39 11.253,37
(8.828,93) (10.381,93
(162,98)
(233,39)
(89,24)
(124,53)
36,49
24,11
(44,58)
(64,03)
(112,99)
(184,49)
478,15
289,11
(1.072,56)
(619,87)
871,06
185,31
276,65
(145,45)
1.255,50
1.532,15
1.532,15
1.386,71
?>
CONSOLIDATED OF FINANCIAL POSITION 1Q14
A
;$*B
Description
Total Current Assets
Total Non Current Assets
TOTAL ASSETS
Total Current Liabilities
Total Non Current Liabilities
TOTAL LIABILITIES
Share Capital
Treasury Stock
Additional PIC
Change of Equity in Subsidiaries
Retained Earning
Sub TOTAL EQUITY
Non Controlling Interest
TOTAL EQUITY
TOTAL LIABILLITIES & EQUITY
1Q13
7,994.29
4,600.67
1Q14
7,892.37
4,975.21
12,594.96
12,867.58
7,298.47
2,069.53
7,417.69
2,039.83
9,368.00
9,457.52
614.00
(10.27)
713.75
429.40
1,202.09
614.00
(10.27)
713.75
429.40
1,369.61
2,948.96
3,116.48
278.00
293.58
3,226.96
3,410.06
12,594.96
12,867.58
Growth YoY
-1.27%
8.14%
2.16%
1.63%
-1.44%
0.96%
0.00%
0.00%
0.00%
0.00%
13.94%
5.68%
5.61%
5.67%
2.16%
??
CONSOLIDATED STATEMENT OF CASH FLOW 2013
A
;$*B
Description
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CASH FLOW FROM OPERATING ACTIVITIES
CASH FLOW FROM INVESTING ACTIVITIES
CASH FLOW FROM FINANCING ACTIVITIES
INCREASE (DECREASE) OF NET CASH & CASH
Q
BEGINNING
BALANCE OF CASH & CASH
Q
ENDING
BALANCE OF CASH & CASH
Q
HHJ
HHK
2,300.66
(2,256.44)
(48.12)
(34.98)
13.50
(1.15)
(97.52)
(124.06)
(298.14)
294.29
(127.91)
1,499.14
1,371.23
2,221.67
(2,276.28)
(61.46)
(27.46)
8.75
(10.51)
(75.68)
(220.97)
(156.15)
133.52
(243.60)
1,386.71
1,143.10
-3.43%
0.88%
27.73%
-21.49%
-35.20%
810.39%
-22.40%
78.12%
-47.62%
-54.63%
90.45%
-7.50%
-16.64%
?@
CAPITAL EXPENDITURE 2013
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SHAREHOLDER’S STRUCTURE
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• Over 600 institutional investors
• Approximately 8,391 individual shareholder
• 669 Employees and former employees are shareholders
@>
Analyst
Recommendation
as of March 2014
!
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B
BI BI
B
BI
Buy
Holds
Overweight
Reduce
Underweight
>>I
DAI
Source: BLOOMBERG, target price from 19 analyst as of March 2014
Target Price
2.300
Rp
✓ Median Rp2.300
✓ Maximum Rp3.000
✓ Minimum Rp1.650
Source: BLOOMBERG, target price from 17 analyst as of March 2014
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STOCK PRICE PERFORMANCE
#% #
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:86
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2008
2009
2010
2011
2012
7<;
=%/866>
Net Income
(IDR Bio)
156.03
189.22
284.92
354.5
457.86
7/;>6
96$/8679
7/:>6
8>$/8678
<>6
96$/8676
<76
96$/8677
EPS
(IDR)
26.75
33.37
50.15
60.59
76.01
30%
30%
35%
30%
30%
#
"% "
!% !
% Dividend Payout Ratio
@@
The End of
Presentation
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