COMPANY UPDATE

June 2014

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Company Overview 1  

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3  

Business Strategy

Performance Highlight

Stock Performance

TABLE OF CONTENTS

5   Award 2013

Company Overview 1  

“To  be  a  leader  in  construc0on  and  investment  company  in  Indonesia    which  

Interna+onally  compe00ve”

VISION  VISION  AND  MISSION  

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•  Providing  high  value  added  construc4on  services  to  maximize  customer  sa4sfac4on  

•  Increase  the  capability,  capacity  and  sustainable  employee  welfare  

•  Providing  added  value  to  stakeholders  •  Maximizing  synergies  with  Vendors,  Business  Partners  and  Strategic  Clients  

•  Provide  posi4ve  contribu4on  to  the  Environment  and  Society  through  the  development  of  Green  Corpora4on  

-­‐  SK  Direksi  No.  272/SK/PP/DIR/2013  Tanggal  16  Oktober  2013  

MISSION  

CORPORATE VALUES

5  -­‐  SK  Direksi  No.  273/SK/PP/DIR/2013  Tanggal  18  Oktober  2013  

1953    Establishment of NV PP

1971    Changed status to be a State Company

1991  Diversification to Property and Realty

2004  EMBO (Stock RI 51% KKSPP 49%)

2010  IPO

2011 Diversification to EPC and Investment

2013 Diversification to PP Precast

COMPANY’S MILESTONES

Structure Organization

7  

8

Sumatra  

Kalimantan    Maluku  

Java  

Bali  and  Nusa  Tenggara  

Sulawesi  

Branch  IX:  Pekanbaru  

Branch  I:  Medan  

Branch  VI:  Balikpapan  

Branch  VIII:  Makassar  

Branch  II:  Palembang  

Branch  III:  Jakarta  

Branch  IV:  Bandung  

Branch  V:  Semarang  Branch  VII:  Bali   Timor  Leste  

NaNonwide  OperaNon  Network  and  Overseas  

Branch   OperaNon  

Branch I: Aceh, North Sumatera

Branch II:   Lampung, Bengkulu, South Sumatera, BaBel & Banten

Branch IX:   West Sumatera, Jambi, Riau & Riau island

Branch III:   DKI Jakarta

Branch IV:   West Java

Branch V:   Central Java, East Java, DIY

Branch VI:   Kalimantan

Branch VII:   Bali, NTB, NTT, Papua & Timor Leste

Branch VIII:   Sulawesi, North Maluku, Maluku

2   Business Strategy

 Efficiency  

 R  &  D,    InnovaNon  

Excellent    HRD    G  C  G    

Risk    Management  

 Healthy    Financial  

EPC  CONSTRUCTION   PROPERTY  INVESTMENT/    

PRECAST   OTHER  

BUSINESS  STRATEGY RELATED  DIVERSIFICATION  

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PHASE  1  

PHASE  2  

K O N S T R U K S I

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P R O P E R T Y

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E P C

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INVESTMENT

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PARK HOTEL CAWANG   PARK HOTEL BANDUNG  

INVESTMENT: POWER PLANT

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PLTU 2X7MW - LAMPUNG TENGAH PLTU TALANG DUKU 58 MW SUMSEL

ITEM   CAPACITY   INVESTMENT   PP  SHARE   PARTNER   TIPE   STATUS  

Talang  Duku   58  MW   USD  59  Jt   49%  

Navigate  :  21%  BER  :  30%  

Gas  Turbine   Opera4ng  

Lampung   2x7  =  14  MW   IDR  180  M   49%   PT  R  :  51  %   Coal  Fire  

Test  &  Commissioning  

Lau  Gunung   10  MW   IDR  280  M   35%  

Nusantara  Inf  :  45%  Private  :  20%  

Mini  Hydro  

Financial  Closing  

INVESTMENT

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OTHERS: PT PP PRECAST

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OTHERS: EQUIPMENT UNITS (PT. PJA)

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3   Performance Highlight

Net  Income  

Q1-­‐2013    Q1-­‐2014  IDR.42,5Million                          IDR.  61.4  Million  

GROWTH PERFORMANCE Q1 2013 - 2014

Revenues  

New  Contract  

Q1-­‐2013    Q1-­‐2014  IDR.  4,4  Trillion  IDR.  4,5  Trillion  

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Q1-­‐2013    Q1-­‐2014  IDR.  1,28  Trillion  IDR.  1,99  Trillion  

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

Operating Revenue 1,283,961 1,999,368 55.72%

Cost of Goods Sold 1,165,499 1,801,514 54.57%

Gross Profit 118,462 197,853 67.02%

Operating Expenses 40,286 59,067 46.62%

Operating Income 78,176 138,785 77.53%

Profit From Joint Venture 18,101 9,341 -48.40%

Profit Before Income Tax 79,600 122,188 53.50%

Total Current Comprehensive Income 42,544 61,433 44.40%

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

In Million of Rupiah Q1 2013 Q1 2014 Growth

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CONSOLIDATION STATEMENT OF FINANCIAL POSITION

Current Assets 8,930,496 11,523,263 29.03%

Non Current Assets 370,413 528,890 42.78%

Total Assets 9,300,909 12,052,153 29.58%

Current Liabilities 6,127,554 8,420,407 37.42%

Non Current Liabilities 1,474,962 1,585,565 7.50%

Total Liabilities 7,602,516 10,005,972 31.61%

Shareholders Equity 1,698,394 2,046,180 20.48%

Total Liabilities & Shareholders Equity 9,300,910 12,052,152 29.58%

CONSOLIDATION STATEMENT OF FINANCIAL POSITION

In Million of Rupiah Q1 2013 Q1 2014 Growth

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REVENUES

NET INCOME NEW CONTRACT

FINANCIAL HIGHLIGHT

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(IDR.  Million)  

(IDR.  Million)  

(IDR.  Billion)  

 8,621    

 12,535    

 19,475      19,583    

 24,189    

 -­‐        

 5,000    

 10,000    

 15,000    

 20,000    

 25,000    

 30,000    

 4,401    

 6,232    

 8,003    

 11,655    

 16,266    

 -­‐        

 2,000    

 4,000    

 6,000    

 8,000    

 10,000    

 12,000    

 14,000    

 16,000    

 18,000    

 202      240    

 309    

 420    

 520    

 -­‐        

 100    

 200    

 300    

 400    

 500    

 600    

EQUITY ASSETS  

FINANCIAL HIGHLIGHT

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(IDR.  Million)   (IDR.  Million)  

 1,262      1,428    

 1,655    

 1,985    

 3,441    

 -­‐        

 500    

 1,000    

 1,500    

 2,000    

 2,500    

 3,000    

 3,500    

 4,000    

 5,444    

 6,899    

 8,550    

 12,415    

 16,334    

 -­‐        

 2,000    

 4,000    

 6,000    

 8,000    

 10,000    

 12,000    

 14,000    

 16,000    

 18,000    

2011   2012   2013   2014  E  

Na4onal  Economic  Growth   6.5%   6.2%   5.9%   6%  

NaNonal  Infrastructure  Market   IDR.  223.95  T   IDR.  284.17  T   IDR.  428.85  T   IDR.  550  T  

Growth   55.26%   26.89%   50.92%   28.25%  

PTPP  Targets     IDR.  12.35  T   IDR.  19.47  T   IDR.  19.58  T   IDR.  24.18  T  

RaNo  to  NaNonal  Infrastructure  Market   5.51%   6.85%   4.57%   4.40%  

PTPP  Market  Growth   43.27%   57.65%   0.56%   23.49%  

MARKET  OF  INFRASTRUCTURE  PROJECTS  

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MARKET  SEGMENTATION  

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9.6%  

35.1%  55.4%  

GOVERNMENT   SOE   PRIVATE  

25.0%  

40.0%  

35.0%  

GOVERNMENT   SOE   PRIVATE  

2014  E  2013  

NEW CONTRACT AS OF MAY 2014

NO PROJECT VALUE 1   Graha Kalta, Pekanbaru 140 2   Bekasi Stadium Stage 6 183 3   Candi Land Apartement 113 4   Gadang Market - Malang 186 5    Land  Mark  Bandung       600 6    Oasis  Apartement  -­‐  Cikarang     154 7   Amni  Hotel  -­‐  Medan   124 8    Cilegon  Super  Mall     120 9    Iconic  Apartement,  Tangerang     103 10    Interchange  Cikande  -­‐  Serang     122 11    Lexington  Apartment  -­‐  Jakarta     442 12   Sawangan  Apartement  -­‐  Depok  (  Arsitecture)   605 13    Pinacle  Residence,  Semarang     200 14    Toll  Moker     117 15    Condotel  Hadiningrat     114 16   Dompu  Nangadoro  Hotel,  Sumbawa     318 17   Sawangan  Apartement  -­‐  Depok  (Structure)   291 18   Wang  Residence  Ci4con     400 19   Pemasaran properti 179 20   Pemasaran PDA 409 21   Pemasaran PJA 37 22   Others 1,673

TOTAL  6,631    27  

(IDR  Million)  

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Capital  Expenditure  (CAPEX)  

No. INVESTMENT REAL 2013 2014 E             I PT PP INVESTMENT         A ENERGY           1. PLTMH 2 x 6.5 MW - Billion 24.74 Billion   2. Power Plant 100 MW 7.40 Billion - Billion   3. Power Plant 150 MW - Billion 49.25 Billion             B INFRASTRUCTURE           1. CPO dock Kuala Tanjung - Billion 25.82 Billion   2. 6 Section of Jakarta Toll - Billion 25.20 Billion   3. Depok-Antasari Toll Road 19.25 Billion 54.00 Billion             II INVESTASI ANAK PERUSAHAAN         A PP PROPERTY           1. PP Properti Investment 70.00 Billion - Billion   2. PT Pancakarya Grahatama Indonesia 3.75 Billion - Billion             B PP PRECAST           1. PP Pracast 75.00 Billion 130.33 Billion   2. Light Equipment - Billion 5.00 Billion             C PP EQUIPMENT           1. PP Equipment Investment - Billion 32.00 Billion   2. Heavy Equipment - Billion 99.25 Billion   3. Vehicle - Billion 1.02 Billion             III FIXED ASSETS           1. Park Hotel Building Jakarta 3.34 Billion - Billion   2. Park Hotel Building Bandung 9.86 Billion - Billion   3. Wisma Subiyanto Building 13.52 Billion - Billion            

    202.12 Billion 446.61 Billion

81.49%  

3.82%  

13.88%  

0.05%  0.75%  

CONSTRUCTION   PROPERTY   EPC  INVESMENT   PP  PRECAST   PP  EQUIPMENT  

74.34%  

6.40%  

13.39%  

0.14%   2.58%   3.14%  

CONSTRUCTION   PROPERTY   EPC  INVESMENT   PP  PRECAST   PP  EQUIPMENT  

CONTRIBUTION  OF  BUSINESS  PILLARS  

2014  E  2013  

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4   Stock Performance

MINORITY STOCK OWNERSHIP

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0%  

10%  

20%  

30%  

40%  

50%  

60%  

70%  

80%  

90%  

100%  

31-­‐Oct-­‐13   30-­‐Nov-­‐13   31-­‐Dec-­‐13   30-­‐Jan-­‐14   28-­‐Feb-­‐14   28-­‐Mar-­‐14  

12.95%   12.44%   12.26%   12.33%   12.18%   13.15%  

2.30%   2.44%   1.48%   2.19%   2.37%   2.53%  2.87%   2.98%   3.29%   3.34%   3.25%   3.32%  

12.40%   11.88%   13.06%   13.76%   14.92%  15.84%  

4.92%   4.91%   4.86%   4.40%   4.04%  3.57%  

6.41%   7.19%   6.85%   5.96%   5.56%   4.21%  0.27%   0.29%   0.40%   0.30%   0.34%   0.34%  

Securi4es   Individual  Domes4c   Insurance   Mutual  Fund   Pension  Fund   Limited  Company   Foreign  

SHARE MOVEMENT 2013 – 2014

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Others  ConstrucNon  Company  

PEFINDO RATING  

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BBB-­‐  

BBB   BBB  

BBB+  

A-­‐  

A  

0  

50  

100  

150  

200  

250  

300  

2008   2009   2010   2011   2012   2013  

5   Award 2013

•  Cer4ficate  of  Green  right  Green  Building  Expo  &  Conference  2013  10-­‐13  April  2013  1  

•  Award  as  Pioneer  of  Green  Contractor    from  Ministry  of  State  Owned  Enterprise  date  on  May  19,  2013  2  

•  SOE  Web  Award  Nominations  Best  Website  2013  Category  SOE  Best  date  on  June  10,  2013  from  Beritasatu.com  3  

•  The  Best  Innovation  of  the  Green  Technology    Award    with  Green  Building  /Green  Construction  on  27-­‐30  June  2013  from  BUMN  INOVATION  AWARD  4  

•  The  Best  Product  Innovation  of  Infrastructure  Sector  Award  with  Green  Building  Green  Construction  Innovation  on  27-­‐30  June  2013  from  BUMN  INOVATION  AWARD  5  

•  SOE  MARKETING  AWARD  2013  of  PT  PP  (Persero)  Tbk  date    on  August  27,  2013  6  

•  Award  as  a  public  ins4tu4on  VII  rank  in  the  category  of  public  ins4tu4on  disclosure  state-­‐owned  enterprises  7  

AWARD  2013  

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Certificate Greenright Green Building Expo & Conference 2013 on

10-13 April 2013

SOE Web Award Nominations Best Website 2013 of

Category SOE Best date on June 10, 2013

Award as Pioneer of Green Contractor date on

May 19, 2013

The Best Innovation Award of the Green

Technology Innovation Construction Green

Building on 27-30 June 2013

The Best Product Innovation Award of

Infrastructure Sector With Green Building

Construction Innovation on 27-30 June 2013

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Award as a public institution VII rank in the category of public institution disclosure

state-owned enterprises

AWARDS  OF  2013  

PTPP was Awarded 2 of Certification in BUMN Innovation Award 2013

PTPP was Awarded Certification from DKIJakarta Governor for its Participation on Garden and

Reforestation Competition

PT PP was Awarded 3 of Certification from State Owned Enterprise

President Director of PTPP was Awarded as one of The Most Admired CEO in 2013

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AWARDS  OF  2013  

Plaza PP – Wisma Subiyanto Jl. Letjend. TB. Simatupang No 57

Pasar Rebo, Jakarta 13760 – Indonesia Telp. +62 21 840 3883 ; Fax. +62 21 840 3890

website : www.pt-pp.com

This presentation material is for information only and intended to express our opinion on company’s fundamental at the current, which subject to change without notice at any time. The information herein has been obtained from sources believed to be reliable, but we do not warrant that is accurate or complete data. The Company does not make any representation or warranty with respect to the accuracy or completeness of the assumptions contained in this presentation material.

Disclaimer: