telkom_conf call 3q10, nov 4, 2010 005

8/8/2019 Telkom_Conf Call 3Q10, Nov 4, 2010 005

1/15

CorporatePresentation

ConferenceCall:

NineMonth

2010

Results


2/15

2

Disclaimer

Thisdocumentcontainsfinancialconditionsandresultofoperation,andmayalso

containcertainprojections,plans,strategies,andobjectivesoftheCompany,which

would

be

treated

as

forward

looking

statements

within

the

meaning

of

applicable

law.

Forwardlookingstatements, bytheirnature,involveriskanduncertaintythat

couldcause

actual

results

and

development

to

differ

materially

from

those

expressedorimpliedinthesestatements.

TelkomIndonesiadoesnotguaranteethatanyaction,whichshouldhavebeen

takenin

reliance

on

this

document

will

bring

specific

results

as

expected.


3/15

3

Telkom Ownership

Telkomisthelargesttelecommunicationcompanyand

networkproviderinIndonesia,majorityownedbythe

GovernmentofIndonesia(Totalshares=20,159,999,280,including1DwiwarnashareseriesA)

Government

Public

52.47%10,320,470,712 shares

Treasury Stock

490,574,500 shares

47.53%9,348,954,068 shares

Marketcap:Rp185.5TnRp185.5Tn, or6.35%6.35% oftotalmarketcap.

atIDXIndonesia

TELKOMislistedat

IndonesiaStockExchange(IDX),New

YorkStockExchange(NYSE),London

StockExchange

(LSE) and

also

Publicly

OfferingWithoutListing(POWL)at

TokyoStockExchange(TSE)asof September30,2010


4/154

Telkom and Subsidiaries(ownership)

Government

of IndonesiaPublic/Listed

52.47%52.47% 47. 53%47. 53%

100%100%100%100% 99.99%99.99%65%65%

(Cellular)(Cellular)

100%100%

(Tower business)(Tower business)(Multimedia)(Multimedia)

100%100%

(IT Services)(IT Services)

(Property & construction)(Property & construction)

(Media & Edutainment)(Media & Edutainment)

100%100%

(International business)(International business)

100%100%

(Telco Equipment)(Telco Equipment)

29.71%29.71%100%100%100%100% 75%75% 60%60% 51%51%

by metra-netMelon Indonesia

100%100%

DirectSubsidiaries

IndirectSubsidiaries


5/155

Telkoms Business Portfolio T.I.M.E(Telecommunication, Information, Media, Edutainment)

5

POTS

FWA

Mobile/Cellular

Broadband

NetworkServices

Tower

1

2

3

5

6

7

InternationalServices4

PremiseIntegrationServices

EPayment

Media:PayTV &FTA

Content/PortalVAS,ManagedApp&Performance/ITO

8

9

10

12

13

ITeS (BPO,KPO)11

TelecommunicationTelecommunication InformationInformation Media&EdutainmentMedia&Edutainment

Consumer SME LargeEnterprise

InternationalInvestment

Wholesale

Retail

OLO(otherlocaloperators)

Indonesia


6/156

Highlights of Nine Month 2010 Results

TELKOMconsolidatedoperatingrevenue for9M10

increasedtoRp52.1trillionor3.9%.

Cellularsubscribersbasegrewstrongly by17%yearon

year(YoY)to93.1millionsubscribersduring9M10witha

totalnetaddof11.5millionsubscribers.

Broadbandsubscribers rose

by

155%

to

6,381K with

Data,

InternetandITservicesconsolidatedrevenueincreasingby

15%.

Thedecline

in

fixed

line

revenue

slowed

to

8.8% in

9M10.


7/157

Cellular Business

9M09 9M10

Cellular

MoU (Bn minutes) 101 93 8%ARPU blended(Rp000) 48 43 10%Revenue(Rp Bn)*) 21,504 22,057 3%

Subscribers(mn) 79.8 93.1 17%BTS(unit) 29,781 35,316 19%

Growth(%)

Asof

September

30,

2010,

we

are

still

the

leading

provider

in

the

cellular/full

mobilitymarketwithanaround 47%47% marketshare.

Note:*) Cellular

revenue

including

monthly,

voice

and

features


8/158

Broadband Services

9M09 9M10

Fixedbroadband/Speedy:

Subscribers(000) 979 1,530 56%Revenue(Rp Bn) 1,850 2,662 44%

Revenue(Rp Bn) 341 684 101%

Mobilebroadband/Flash:

User(000) 1,375 4,278 211%

Growth(%)

Speedyand

Flash

remained

the

market

leader

in

these

businesses

with

total

marketshareofapproximately80%80% and64%64%

Ourbroadband

service

also

showed

strong

growth,

with

total

1.5

Mn sub.

in

fixed

broadbandand4.3Mn sub.inmobilebroadband.


9/159

Fixed Line Business

9M09 9M10

FixedWireline

ARPU(000) 112 105 6%Fixed

Wireless

/Flexi

Subscribers(mn) 14.9 16.8 13%BTS(unit) 5,296 5,580 5%MoU (Bn minutes) 12 9 26%ARPU blended(Rp000) 23 17 26%

FixedLineRevenues(Rp Bn)*) 10,806 9,854 9%

8.3LineinService/LIS(mn)

Growth(%)

8.7 4%

Wecontinue

defending

the

decline

in

voice

revenue

through

flat

tariff

program

(FixedBusinessImprovementProgram FBIP)

Note:*) FixedLinerevenueincludingmonthly,voiceandfeatures


10/1510

Financial Highlights

(inTn Rp ) 9M09 9M10

BalanceSheet

Profit&LossStatement*)

TotalAssets 95.3 100.1 5%

MinorityInterest 9.8 10.9 12%

TotalEquity 37.5 42.7 14%

EBITDAMargin(%) 56.1 54.2 1.9%

NetIncome 9.3 8.9 3.9%

NetIncome/Share(Rp) 473 454 3.9%

TotalLiabilities 48.0 46.4 3%

52.1

OperatingExpenses 32.2 34.9 8.4%

EBITDA 28.2 28.2 0.3%

OperatingRevenues

GrowthYoY

(%)

50.2 3.9%

Note:*) The2009figuresarereclassifiedtoconformtothecurrentpresentation


11/1511

43%

27%

22%

42%

30%

19%

2% 2%5%

2%2%4%

Cellular Data,

Internet &

IT

Fixed Line Intercon *) Network Other

9M09 9M10

21.5 22.1

13.8 15.8

10.8 9.9

2.4 2.3 0.9 0.9 0.8 1.2

Note:*) Inaccordancewiththechangeinaccountingtreatmentfromnettogross(PPSAKNo.1)in2010,

we

present

outgoing

interconnection

revenue

on

gross

basis

as

part

of

operating

revenues.

The2009presentationisreclassifiedtoconformwiththecurrentstandard.

Income Statement (1/2)

Revenuecontribution

to

total

revenues

Totalrevenues

=Rp52.1

Tn

(inRp trillion)

In9M10,Data,Internet&ITservicesrevenuescontributed30%30% tototalrevenues

(increasedby3%)


12/15

12

3 4 %3 2 %

17%

3 7%

3 2 %

16%7% 6 % 5%7% 5% 5%

O&M D epreciat ion Personnel Int ercon * ) G&A M arket ing

9M09 9M10

Income Statement (2/2)

Expensecontribution

to

total

expenses

10.9 12.9

10.2 11.0

5.6 5.4

2.2 2.3 1.8 1.7 1.5 1.6

Totalexpenses=Rp34.9Tn

(inRp trillion)

Expensewas

manageable,

G&A

and

personnel

expenses

has

decreased each

by

1%1%

Note:*) Interconnectionexpensesareincludedasoperatingexpenses(RefertoPPSAKNo.1)


13/15

13

Additional Information

Telkom

Rp2,729Bn

TELKOMSEL

Rp6,416Bn

Othersubsidiaries

Rp471Rp471BnBn (5%)(5%)

34%28%

63%

67%

9M09 9M10

9,616

12,796

Total(RpBn)

Total Capex Allocation

8.6%

21,336

23,337

9M09 9M10

Telkom employees(as a parent company)

Inthe

same

period,

Telkomsels employees

grewby4.7% to 4,354employees


14/15

Q&

A

Session...


15/15

ContactAddress:

InvestorRelations

Grha CitraCaraka 5th floor

Jl.Jend.

Gatot Subroto Kav.

52

Jakarta,12710

Indonesia

Tel :+62215215109

Fax :+62215220500

Email :[email protected]

Website:www.telkom.co.id

Any further questions?

telkom_conf call 3q10, nov 4, 2010 005

Documents