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PT#SARANA#KARYA
VISION & MISSION VISION
To be one of the best integrated EPC and Investment Company in South East Asia
MISSION • 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
BUSINESS PORTFOLIOIndustry Infrastructure & Building Energy & Industrial Plant Realty & Property Investment
Concrete Precast : - Concrete Precast Product - PC Bar dan PC Wire - Resources Handling - 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
Civil Work Department 1 Civil Work Department 2 Regional Department Overseas Department Building Department
Industrial Plant Department Industrial Plant Department Power Construction Department Power Investment Department
Building Department Power Investment Department Civil Work Department Building Department Industrial Plant Department
BUSI
NESS
LINE
WOR
KING
UNI
T
Civil Construction INFRASTRUCTURE & BUILDING
Jakarta MRT Underground and Elevated Section Design
Located in Jatigede district, West Java.
Civil ConstructionINFRASTRUCTURE & BUILDING
Building Construction INFRASTRUCTURE & BUILDING
Terminal 3 Extension Soekarno-Hatta Airport , Jakarta Ngurah Rai Airport- BALI
Building Construction WIKA GEDUNG
WUKU, Pecatu, Bali
Benhil Central, Jakarta
EPC ENERGY & INDUSTRIAL
PLANTAircraft Fuel Depot (DPPU) Soekarno Hatta Airport, Banten
WIKA’s 1st EPC of Coal Fired Power Plant Amurang 2 X 25 MW, North Sulawesi
Operating & Maintenance ENERGY & INDUSTRIAL
PLANTOperation & Maintenance Diesel Engine PP Bali 3X18 MW
Beton PrecastINDUSTRY
8 PLANTS!2.000.000 Ton/years
Beton PrecastINDUSTRY
Industrial FacilitiesINDUSTRY
Steel Fabrication
Industrial FacilitiesINDUSTRY
Clinker and Cement Additives Transport System
BitumenINDUSTRY
Asphalt Mining
Realty PROPERTY
Ongoing Project
Realty PROPERTY
EnergyINVESMENT
1. DIESEL ENGINE POWER PLANT BALI 3 X 18 MW
2. TURBINE GAS POWER PLANT BORANG 2 X 30MW
3. GAS ENGINE POWER PLANT RENGAT (6 X 3.5 MW)
4. DIESEL ENGINE POWER PLANT AMBON
(4 X 6.2 MW) & (1 X 8.9 MW)
5. TURBINE GAS POWER PLANT RAWA MINYAK 25 MW
Location Pesanggaran, BALI Borang, SOUTH SUMATERA Rengat, RIAU Ambon, MALUKU Siak Sri Indrapura, RIAU
Scheme BOT 8 years + 1 year construction BOT 7 years BOO 7 years BOO 4 years BOO 7 years
Owner PT Indonesia Power PT PLN PT PLN PT PLN PT PLN
Investment IDR 558bn IDR 806bn ± IDR 146bn ± IDR 200bn ± IDR 176bn
Terms & Cons
•Supply MFO by PT Indonesia Power
• Capacity Factor : 85%
• Letter of Intent on June 20th ,2011
• Supply Gas by PLN • Capacity Factor : 80%
•Letter of Intent on August 26th ,2011
•Supply Gas by PLN •Capacity Factor : 65%
•Supply MFO by PLN •Capacity Factor : 90%
•Supply MFO by PLN •Capacity Factor : 80%
Progress
• Electricity has been sold since March 2011
• Sales up to December 2011 IDR 57bn (WIKA Portion
84.61%) • Sales up to Dec. 2012 IDR
82bn • Sales up to Sept 2013 IDR
59bn
•180 days of Construction Period, it has began on July 11st ,2011
•Already COD in July 29th , 2012
•Sales up to Dec. 2012 IDR 53bn
•Sales up to Dec. 2013 IDR 118bn
•180 days of Construction Period, it has began on October 1st ,2011
•Already COD in May 2nd , 2012
•Sales up to Dec. 2012 IDR 23bn
•Sales up to Dec. 2013 IDR 42bn
•1 year of Construction Period, it has began on January 1st ,2011
•5 Machine already operated •Sales up to Dec. 2012 IDR
27bn •Sales up to Dec. 2013 IDR
73bn
•Construction Progress by 2013 is 100%.
EnergyINVESMENT
Turbine Gas Power Plant Borang 2 X 30MW
Industry Infrastructure & Building Energy & Industrial Plant
Beton Precast : - Concrete Precast Product - PC Bar dan PC Wire - Natural Resources Maintenance - Chemical Adimixture Company - Mould Maker - Post Tensioning
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
OVERSEAS BUSINESS PORTOFOLIO
STRATEGY IN OVERSEAS
Partnership with Foreign Multi National Companies
Partnership with local company as a main contractor and sub contractor
Joint Venture
Indonesian Inc.
WIKA Project Management Services ( PMS)
BRUNEI DARUSSALAM!
TIMOR LESTE!
ALGERIA!
MYANMAR!
REPRESENTATIVE*OFFICE*
*****OVERSEAS*PROJECT*
**FUTURE*TARGET*
MALAYSIA!ROYAL KINGDOM OF SAUDI ARABIA!
PHILLIPINES!
VIETNAM!
OVERSEAS OPERATION
PROJECT NAME East West Motorway Project-Algeria
Owner Government of Algeria
Main Contractor COJAAL (Consortium Japonais Pour l’Autoroute Algerienne)
Project Value 5.57 billion JPY+ 1.88 billion DZD= Rp. 1,050,479,526,178
Project Duration July 2007-July 2010
Scope of Work • Structure • Pre-Fast Factory • Operation & Maintenance heavy
material
EAST WEST MOTORWAY PROJECT-ALGERIA
complete(bridge( Precast(Concrete(Factory(Algeria(
road%box%culvert%
drainage(box(culvert(
precast(concrete(girder(
EAST WEST MOTORWAY PROJECT-ALGERIA
Safety'Morning'Talk'
Morning'Exercise'Activities' Tool$box$meeting$
HSE Commitment
PROJECT NAME COMORO BRIDGE I-TIMOR LESTE
Owner Agencia de Desenvolvimento Nacional (ADN)
Contractor CNT-WIKA JO
Project Value Rp. 93, 54 M / USD 9,845,885.04
Project Duration 14 August 2013-8 July 2014 ( 270 days)
Scope of Work • Borepiles foundation • Abutment dan Pier • PC I Girder • Flexible Pavement
COMORO BRIDGE I TIMOR LESTE
TIMOR LESTE
PROJECT NAME
COMORO BRDIGE II - TIMOR LESTE
Owner Agencia de Desenvolvimento Nacional (ADN)
Main Contractor
CNT-WIKA JO
Project Value Rp. 68, 58 M/ USD 8,7 Million
Project Duration
1 September 2012 – 20 Mei 2013
Scope of Work • Borepiles foundation diameter 1000 mm • Abutment dan Pier • PC I Girder • Flexible Pavement
COMORO BRDIGE II TIMOR LESTE
DIESEL POWER PLANT 7X17MW HERA, TIMOR LESTE
TIMOR LESTEDIESEL POWER PLANT 8X17MW BETANO, TIMOR LESTE
WIKA SATRIAN LEADERSHIP CENTER WIKA PRATAMA LEARNING CENTER
WIKA LEADERSHIP & LEARNING CENTER
CLIENTS AND PARTNERSHIP WITH MULTINATIONAL COMPANIES
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
CORPORATE ASSESSMENT
ISO$31000$
OHSAS$18001:$2007$Occupa&onal*Health*&*Safety*
Management*System*
ISO$14001:2004/SNI$19214001:2005$
Environmental*management*System*
SNI$ISO$9001:$2008$Quality*
Management*system*
Security$Management$System$
ISO$31000$
OHSAS$18001:$2007$Occupa&onal*Health*&*Safety*
Management*System*
ISO$14001:2004/SNI$19214001:2005$
Environmental*management*System*
SNI$ISO$9001:$2008$Quality*
Management*system*
Security$Management$System$
ISO$31000$
OHSAS$18001:$2007$Occupa&onal*Health*&*Safety*
Management*System*
ISO$14001:2004/SNI$19214001:2005$
Environmental*management*System*
SNI$ISO$9001:$2008$Quality*
Management*system*
Security$Management$System$
ISO$31000$
OHSAS$18001:$2007$Occupa&onal*Health*&*Safety*
Management*System*
ISO$14001:2004/SNI$19214001:2005$
Environmental*management*System*
SNI$ISO$9001:$2008$Quality*
Management*system*
Security$Management$System$
ISO$31000$
OHSAS$18001:$2007$Occupa&onal*Health*&*Safety*
Management*System*
ISO$14001:2004/SNI$19214001:2005$
Environmental*management*System*
SNI$ISO$9001:$2008$Quality*
Management*system*
Security$Management$System$
ISO$31000$
OHSAS$18001:$2007$Occupa&onal*Health*&*Safety*
Management*System*
ISO$14001:2004/SNI$19214001:2005$
Environmental*management*System*
SNI$ISO$9001:$2008$Quality*
Management*system*
Security$Management$System$
ISO$31000$
OHSAS$18001:$2007$Occupa&onal*Health*&*Safety*
Management*System*
ISO$14001:2004/SNI$19214001:2005$
Environmental*management*System*
SNI$ISO$9001:$2008$Quality*
Management*system*
Security$Management$System$
ISO$31000$
OHSAS$18001:$2007$Occupa&onal*Health*&*Safety*
Management*System*
ISO$14001:2004/SNI$19214001:2005$
Environmental*management*System*
SNI$ISO$9001:$2008$Quality*
Management*system*
Security$Management$System$
AWARDS & CERTIFICATIONS
ORDER BOOK, NEW CONTRACT, SALES & NET INCOME 2010 - 2014F
2010 2011 2012 2013 2014F
14,09811,885
9,9057,742
6,023
25,831
17,73117,12513,568
10,223
49,972
38,267
33,718
26,591
20,839
Order Book New Contract Sales Net Income
CAGR Net Income
19,02%CAGR Sales
18,52%
285 354479
570678
FINANCIAL!HIGHLIGHTS!
(2010 – 2014F)
GovernmentPrivate SOE* Included Private Project in Oil & Gas 2012 = Rp 1,73 triliun 2013 = Rp 859 miliar 2014 = Rp 2,4 triliun
2012
18,4%
30,6%
* 51,0%
33.0%
39.4%
27.6%
27,2%
34,2%
* 38,6%
25,4%
34,9%
39,7%
2014F
24,3%
40,7%
* 35,0%
26,8%
30.8%
42,3%
2013
SalesNew Contract SalesNew ContractSalesNew Contract
NEW ORDER!BOOK & SALES
(IDR.#Bio)
CONSOLIDATED OF COMPREHENSIVE
INCOME 2013
Description 2012 2013 Growth YoYTotal 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%
(IDR.#Bio)
CONSOLIDATED OF FINANCIAL POSITION 2013
Description# 2012 2013
Received from Customers 9.680,39 11.253,37Payment to Suppliers (8.828,93
)(10.381,9
3)Payment for Directors and Employees (162,98) (233,39)Payment for Operating Expenses and Others (89,24) (124,53)Deposit Interest Receipt 36,49 24,11Payment of Interest (44,58) (64,03)Payment of Taxes (112,99) (184,49)CASH FLOW FROM OPERATING ACTIVITIES 478,15 289,11CASH FLOW FROM INVESTING ACTIVITIES (1.072,56
)(619,87)
CASH FLOW FROM FINANCING ACTIVITIES 871,06 185,31INCREASE (DECREASE) OF NET CASH & CASH EQUIVALENT 276,65 (145,45)
BEGINNING BALANCE OF CASH & CASH EQUIVALENT 1.255,50 1.532,15
ENDING BALANCE OF CASH & CASH EQUIVALENT
1.532,15 1.386,71
(IDR.#Bio)
CONSOLIDATED STATEMENT OF
CASH FLOW 2013
Description 1Q13 1Q14 Growth YoYTotal 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%
(IDR.#Bio)
CONSOLIDATED OF FINANCIAL
POSITION 1Q14
Description# 1Q13 1Q14 Growth YoY
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 EQUIVALENT (127.91) (243.60) 90.45%BEGINNING BALANCE OF CASH & CASH EQUIVALENT
1,499.14 1,386.71 -7.50%ENDING BALANCE OF CASH & CASH EQUIVALENT 1,371.23 1,143.10 -16.64%
(IDR.#Bio)
CONSOLIDATED STATEMENT OF
CASH FLOW 2013
No.#########################################Capital#Expenditure 2013 Source#of#FundDec#’13
Equity LoanWIKA'S#HOLDING 1,304.5 715.0 590.3 271.79•#ACQUISITION#&#CAPITAL#PLACEMENT1 Surabaya#–#Mojokerto#Toll#Roads#(PT#MNA) 43.6 43.6 0.0 26.02 Kunciran#–#Cengkareng#Toll#Roads#(#PT#MKC) 3.0 3.0 0.0 0.73 6#Toll#Road#of#Jakarta#(PT#JTD) 26.0 26.0 0.0 0.04 Geothermal#Power#Plant##(PT#Wika#Jabar#Power) 26.0 26.0 0.0 4.45 Buton#Asphalt#Factory 80.0 43.2 36.8 0.06 Sarana#Karya#Acquisidon# 35.0 35.0 0.0 50.0
•#BUSINESS#DEVELOPMENT1 Power#Plant#Investment#(BOT#&#BOO) 645.0 268.5 376.0 92.02 Oil#&#Gas#Infrastructure 60.0 18.0 42.0 0.03 Port#Infrastructure#(Shipping#Route) 27.0 27.0 0.0 24.84 Water#Treatment#Infrastructure 68.0 68.0 0.0 0.05 Land#Bank 78.0 78.0 0.0 17.06 Property 20.0 20.0 0.0 0.0•#FIXED#ASSETS 192.9 57.9 135.0 56.9WIKA'S#SUBSIDIARIES 475.0 15.0 459.7 482.0
#TOTAL#CAPEX# 1,780.0 730.0 1,050.0 753.79
(IDR.#Bio)
CAPITAL EXPENDITURE
2013
No.#########################################Capital#Expenditure 2014FSource#of#Fund
Equity LoanWIKA'S#HOLDING 984.0 646.6 337.4•#ACQUISITION#&#CAPITAL#PLACEMENT1 Surabaya#–#Mojokerto#Toll#Roads#(PT#MNA) 46.0 46.0 0.02 Kunciran#–#Cengkareng#Toll#Roads#(#PT#MKC) 1.5 1.5 0.03 PT#Prima#Terminal#Ped#Kemas#(Belawan) 27.0 27.0 0.04 Geothermal#Power#Plant##(PT#Wika#Jabar#Power) 39.0 39.0 0.05 WIKA#Krakatau#Beton# 13.2 4.0 9.26 WIKA#Beton#Batam 27.5 27.5 0.07 WIKA#Realty 150.0 150.0 0.0
•#BUSINESS#DEVELOPMENT1 Power#Plant#Investment#(BOT#&#BOO) 80.0 24.0 56.02 Water#Treatment#Infrastructure 36.1 25.0 11.13 Airlines#&#Airport#Facilides 118.0 82.6 35.24 Bitumen#Plant 119.0 35.0 84.05 Precast#Industry 9.6 9.6 0.0
•#FIXED#ASSETS 317.1 236.5 80.6WIKA'S#SUBSIDIARIES 1,013.2 188.7 824.5
#TOTAL#CAPEX# 1,997.2 835.3 1,161.9
(IDR.#Bio)
CAPITAL EXPENDITURE
2014F
Government#
65.15%Public#(Domesdc)#
16.26%
WIKA#Employee#
1.53%Number#of#Outstanding#Shares#as#of#
March#31th#,2014!6.139.968.000
Public#(Foreign)#
17.06%
• Over 600 institutional investors!• Approximately 8,391 individual shareholder!• 669 Employees and former employees are shareholders
SHAREHOLDER’S STRUCTURE
YearNet 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%
0"
50,000,000"
100,000,000"
150,000,000"
200,000,000"
250,000,000"
300,000,000"
350,000,000"
0"
500"
1,000"
1,500"
2,000"
2,500"
3,000"
3,500"
29)Oct)07"
28)Dec)07
"03)M
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06)M
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"03)Ju
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01)Se
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05)Nov)08
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07)M
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03)Nov)09
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04)M
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03)M
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28)Oct)10"
28)Dec)10
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29)Ap
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22)Ju
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21)Oct)11"
16)Dec)11
"14)Fe
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19)Oct)12"
14)Dec)12
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Volume"Price"
Volume" Price"
2.457#28#Mar.#2014
1.480#28#Des.#2012
420#29#Okt.#2007
165#7#Okt.#2008
680#30#Des.#2010
610#30#Des.#2011
1.580#30#Des.#2013
STOCK PRICE PERFORMANCE
28#M
ar#14)
!!!!!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!
!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. !
The End of Presentation!