Materi Presentasi ADHI · PERFORMANCE & TARGET 2015A 8 Total Order Book Incl. JO 21,720 JO: 1,260 JO: 1,582 JO: 318 Order Book Non JO 8,169 Total Revenue Incl. JO 9,708 Total Order

MANAGEMENT PRESENTATION

August 2016

PN Adhi Karya was

established by

nationalizing a former

Dutch company called

Associatie N.V.

1960

1974

PN Adhi Karya was

changed to PT Adhi

Karya (Persero)

First SOE construction

that went Public on 18

March 2004

2004

2011

• Changes vision,

mission, and values

company

• Organizational

restructuring

• Establishment of ADHI

Learning Center

2012

persada properti

persada realti

2013

• MoU Mass SOE

Transportation

• Grandhika Hotel Blok M

• Precast Factory

Development

2014

2015

Rights issue for LRT & TOD

Construction

LRT Construction along

station and supporting

property

2016

MILESTONE ADHI

1

CONSTRUCTION Energi PROPERTY & REALTY

MANUFAKTUR PRECAST

PT APG PT APP PT APB

Dept. LRT

Construction

Dept. LRT

Engineering

Dept. PMUDiv. Konstruksi 1 -

6

Dept. Property

TOD

Dept. Hotel

Infrastructure

Building

LRT

Power Plant

Industry

Oil & Gas

Property Realty

TOD

Precast

Concrete

Dept. Investment

Infrastructure

CONSTRUCTION ENERGY PROPERTY INDUSTRY INVESTMENT

LINES OF BUSINESS

2

Government of Indonesia Public

51% 49%

FOREIGN

15,1%

LOCAL

33,9 %

per Juni 2016

ADHI SHARES OWNERSHIP

3

M. Fadjroel

Rachman

President

Commissioner

Bobby Achirul

Awal Nazief

Commissioner

Wicipto

Setiadi

Commissioner

Rildo Ananda

Anwar

Commissioner

Muchlis

Rantoni

Luddin

Independent

Commissioner

Hironimus

Hilapok

Independent

Commissioner

4

BOARD OF COMMISIONERS

Budi Harto

President

Director

Haris

Gunawan

Director

BEP Adji

Satmoko

Director

Djoko

Prabowo

Director

Budi

Saddewa

Soediro

Director

Pundjung

Setya Brata

Director

6

BOARD OF DIRECTORS

ADHI SHARES PERFORMANCE

Last price as of August 8 : IDR 2,790

YTD Return : 28,97%

7

PERFORMANCE & TARGET

82015A

Total Order BookIncl. JO21,720

JO: 1,260

JO: 1,582

JO: 318

Order BookNon JO

8,169

TotalRevenueIncl. JO 9,708


New Contract Non JO

12,380

Carry Over to 2016

Note:JO: Joint OperationRevenue JO is not booked on IS, only profit (loss) from JO

13,962

In IDR bn

JO: 2,523

2016F

Total Order BookTarget Incl. JO

35,102

JO:

1,805

Total

Revenue

20,051

JO: 1,694

TotalRevenueIncl. JO 21,746


New

Contract

Target

Non JO

23,259

Carry Over to 2017

NewContractTarget25,064

JO: 1,594

JO:1,483

6,438Carry Over

2014Non JO

5,178

Total

Revenue

9,389

Carry Over 2015

Non JO

8,555

Order BookNon JO

11,763

10,038

Amendment

ORDER BOOK 6M16

2015 2016 6M15 6M16

New Contract 13.962 25.064 6.165 6.095

Carry Over 7.758 10.038 7.758 10.038

-

5.000

10.000

15.000

20.000

25.000

30.000

35.000

40.000

21,720

35,102

9

13,92316,133

MARKET SEGMENTATION

2010 2011 2012 2013 2014 2015 2016F 6M16

PRIVATE 21,6% 16,5% 26,9% 40,0% 41,1% 32,0% 37,1% 22,4%

SOE 27,3% 47,8% 31,4% 20,4% 25,4% 18,9% 25,7% 52,7%

GOVERNMENT 51,1% 35,7% 41,7% 39,6% 33,5% 49,1% 37,2% 24,9%

51,1%

35,7%41,7% 39,6%

33,5%

49,1%

37,2%

24,9%

27,3%47,8% 31,4%

20,4%25,4%

18,9%

25,7% 52,7%

21,6%16,5%

26,9%

40,0% 41,1%32,0%

37,1%

22,4%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

10

NEW CONTRACT - TYPE OF WORK

11

2015 2016F 6M16

Dock 2,0% 5,0% 5,2%

Other Infra 22,0% 29,0% 16,4%

Road & Bridge 35,0% 21,0% 38,6%

Building 41% 45% 39,80%

41% 45% 39,80%

35,0%21,0%

38,6%

22,0%

29,0%

16,4%

2,0% 5,0% 5,2%

2016 SALES TARGET

12

Konstruksi, Precast &

EPC; 18.370 ; 92%

Properti &

Hotel ;

1.682 ; 8%

in billion rupiah

CONSOLIDATED PERFORMANCE

13

2015A 2016F

Sales (in Rp tn) 9,4 20,1

Net Profit (in Rp bn) 463,7 750,0

Gross Margin 10,4% 12,0%

EBIT Margin 9,1% 9,1%

EBITDA Margin 9,4% 9,5%

EAT Margin 4,9% 3,7%

6M15 6M16

3,2 3,1

70,4 55,5

10,1% 8,6%

7,1% 7,2%

7,6% 7,8%

2,2% 1,8%

CONSTRUCTION & EPC

Construction & EPC 2015 2016F

New Contract 12.952 22.784

Sales 9.202 17.020


In billion IDR

Construction & EPC 6M15 6M16

New Contract 5.449 5.829

Sales 3.135 2.994


14

171

1.322

2.310 2.966

4.278

5.449 6.340

7.062

9.130 9.679

10.840

12.952

979 1.702

2.241

4.949 5.177 5.829

2015 2016

Monthly Contract Achievment

PRECAST CONCRETEPrecast Concrete 2014 2015 2016F

New Contract 145,3 227,99 2.350

Sales 164,9 149,0 1.349

Gross Margin 20,8% 21,6% 11,8%

In billion IDR

15

Precast Concrete 6M15 6M16

New Contract 201,7 8,8

Sales 23,3 78,6

Gross Margin 1,0% 19,8%Pabrik Sadang Pabrik Mojokerto Pabrik Sadang Pabrik Mojokerto

Spun Pile 160,130 35,298 138,444 31,650

CCSP 46,200 12,128 15,925 10,491

Kolom 27,413 - 20,381 -

PCI Girder - 54,313 - 1,956

Square Pile 31,680 17,280 - -

FSP 56,100 - - -

Pile Cap 26,469 - 5,823 -

Box Culvert 17,417 - 8,170 -

Total 365,409 119,019 188,743 44,097

Nama ProdukKapasitas Seluruh (Ton) Produksi Terpakai (Ton)


- 0,1 3,8 5,9 7,3

201,7 206,2 210,7 212,3 215,7

223,2 228,0

2,1 2,1 3,8 5,5 7,1 8,8

2015 2016

LIGHT RAIL TRANSIT (LRT)

16

WORK STAGES

CURRENT PROGRESS

pilecapdimensi 4,5mx4,5mx2m

pierheaddimensi 9mx2,5mx1,6m

Girder U-ShapedTypical panjang span 30 m

pondasitiang pancang / borepile

kolomdimensi 1.85 x 1.85 m s.d 2 x 2m

T Y P I C A L C R O S S S E C TE l e v a t e d L R T S t r u c t u r e

17

Bekasi timur

Bogor

Cibubur

Cawang

Senayan

Palmerah

Grogol

1st Phase Construction

TRASE

18

PROPERTYIn billion IDR

Taman Melati Margonda

Total Area (sqm) 1,740

Property Apartment

Building Area (sqm) 20,727

Saleable Area (sqm) 14,968

Total Unit 513

2014 2015 2016F

Marketing Sales 911,3 784,8 2.157,6

Sales 858,8 610,6 1.681,7

Gross Margin 35,70% 29,90% 29,5%

Total Land Bank Development (sqm) 394.588

Total Land Bank Next Project (sqm) 50.861

Total Land Bank (sqm) 445.449

Property 6M15 6M16

New Contract 513,9 257,1

Sales 276,2 196,3


20,8 57,2

261,2

358,4 412,9

513,9 541,1 597,9

675,9 697,6 711,2

784,8

8,9 27,2 84,7

142,2 199,7

257,1

2015 2016


19

PROPERTY

Taman Melati

Surabaya @MerrTotal Area (sqm) 5.756

Property Apartement

Building Area (sqm) 53.562

Saleable Area (sqm) 32.240

Total Unit 1.130

Taman Melati

Jatinangor

Total Area (sqm) 4.645

Property Apartement



Total Unit 758

Taman Melati

Yogyakarta

@Sinduadi


Property Apartement



Total Unit 897

Development

20

PROPERTY

Grand Dhika City

Bekasi (Cempaka

Tower)


PropertyApartement

Mixed Use



Total Unit 898


PropertyApartement

Mixed Use



Total Unit 793

Grand Dhika City

@Jatiwarna

(Emerald Tower)

Development

21

PROPERTY

The Taman Dhika

Cinere

The Taman Dhika

Ciracas

The Taman Dhika

Sidoarjo Kota

Development

Total area (sqm) 13.000

Property Hunian

Total Unit 28


Property Hunian

Total Unit 35 Total area (sqm) 270,920

Property Hunian

Total Unit 1,218

22

PROPERTY

Cimone Mall

Mandau City

Mall

Grand Dhika

Commercial

Estate


Property Commercial

Building area (sqm) 49.379



Property Commercial




Property Commercial



Development

23

PROPERTY

Perkantoran

Taman Melati

Margonda 18 Office Park

Total area 4.035

Property Office


Total area 12.400

Property Office


Development

24

PROPERTY

Taman Melati

Yogyakarta

@Sardjito

Next Project

Grand Dhika Mansion

@Pejaten Tahap I dan II

Total area (sqm) 22,042

Property Hunian

Total Unit 400


Property Apartemen



Total Unit 721 25

PROPERTY

Taman Melati

Malang @Dinoyo


Property Apartment

Building area (sqm) Gross 29.833

Saleable Area (sqm) Semi Gross 28.480

Total Unit 971

Mardhika Park

Next Project

26


Property Apartment



Total Unit 2.160

PROPERTYNext Project

Taman Melati

Margonda 3


Property Apartment



Total Unit 882 27

HOTEL

Hotel GrandhikaBlok M

Hotel GrandhikaSemarang

Hotel GrandhikaMedan


Property Hotel


Guest Room Unit 241


Property Hotel


Guest Room Unit 123


Property Hotel


Guest Room Unit 161

28

PT Adhi Karya (Persero) Tbk.

THANK YOUVisit us at www.adhi.co.id

For further information please contact:

Ki Syahgolang Permata, Corporate Secretary

P. +62 21 797 5312 F. +62 21 797 5311 E. [email protected]

Disclaimer:Important Notice This document was prepared solely and exclusively for the parties presently being invited for the purpose of discussion. Neither this

document nor any of its content may be reproduced, disclosed or used without the prior written consent of PT Adhi Karya (Persero)Tbk.

This document may contain statements that convey future oriented expectations which represent the Company’s present views onthe probable future events and financial plans. Such views are presented on the basis of current assumptions, are exposed to variousrisks and are subject to considerable changes at any time. Presented assumptions are presumed correct, and based on the dataavailable on the date, which this document is assembled. The company warrants no assurance that such outlook will, in part of as awhole, eventually be materialized. Actual results may diverge significantly from those projected. The information in this document issubject to change without notice, its accuracy is not verified or guaranteed, it may be incomplete or condensed and it may notcontain all material information concerning the Company.

None of the Company, PT Adhi Karya (Persero) Tbk. or any person connected with any of them accepts any liability whatsoever forany loss howsoever arising from any use of this document or its contents or otherwise arising in connection therewith.

30
http://www.adhi.co.id/mailto:[email protected]

Documents

Materi Presentasi ADHI · PERFORMANCE & TARGET 2015A 8 Total Order Book Incl. JO 21,720 JO: 1,260 JO: 1,582 JO: 318 Order Book Non JO 8,169 Total Revenue Incl. JO 9,708 Total Order