This presentation has been prepared by PT ABM Investama Tbk (“ABMM” or the"Company") solely for general information. This presentation is for informationalpurposes only and does not constitute and should not be construed as, an offerto sell or issue, or invitation to purchase or subscribe for or the solicitation of anoffer to buy, acquire or subscribe for, any securities of the Company or any of itssubsidiaries, joint ventures or affiliates in any jurisdiction or an inducement toenter into investment activity. You will be solely responsible for your ownassessment of the market and the market position of the Company and that youwill conduct your own analysis and be solely responsible for forming your ownview of the potential future performance of the Company’s business.
Disclaimer
Financial Data 01.
Operation Performance 02.Economic Condition 03.
-9.5% Revenue 2015
-19% Cost 2015
66% Net Income 2015
15% Coal Production 2015
28% Overburden Removal 2015
-26% Power production 2015
-26% Coal Price 2015
35.000 MW Government Projects
Highlights
2015
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COALMINING
ABM listed all of its issued shares on the Indonesian Stock Exchangeon December 6, 2011 with “ABMM” as its stock code
ABM currently has five business activities:
ABM at a Glance
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ENGINEERING SERVICES
INTEGRATED LOGISTICS
POWERSOLUTIONS
MININGCONTRACTOR
ABM at a Glance
7.334 number of employees3 branches 2 provinces
11 Mining Projects3 Construction Projects6 Provinces
44 branches 20 Provinces
6 branches
8 Provinces
90 Projects 22 Provinces
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27 Provinces
675heavy equipment
ABM at a Glance
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157 unitTruck
15 unitVessel
3 MineIUPs
1,157 MWelectricity capacity
41 mn KgDelivery of goods
131 mn BCMOverburden Removal
17,5 mntonnes
Coal Getting
ABM at a Glance: Revenue contribution 2015
CK39%
SSB7%
SS15%
Reswara25%
CKB14%
Revenue Contribution2015
Revenue from coal segment
85%
Revenue from Power segment
15%
1. The world economy experienced a down turn due to low purchasing power in European countries, China and Japan.
2. Impact the decline of commodities including coal
Coal prices
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95.6
128.5
48.5
0.0
60.0
120.0
180.0
Q1'10 Q4'10 Q4'11 Q4'12 Q4'13 Q4'14 Q4'15
Coal (Newcastle)
Fact : 2005-2015China Economic Growth
0.0%
5.0%
10.0%
15.0%
China's GDP
1. China consumes nearly 50% of the coal worldwide.
2. The demand of imported coal in China dropped by almost a quarter in 2014, as China's economic growth declined
3. Coal is still being the energy-option, as the price is relatively low-cost.
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Revenue, EBITDA, Profit (Loss)2014 vs. 2015
723.6
654.6
0
150
300
450
600
750
2014 2015
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Revenue(In USD mn)
107.5134.8
-10
40
90
140
2014 2015
EBITDA(In USD mn)
Profit (Loss)(In USD mn)
-112.9
-38.1-140-100-60-20
2014 2015
Assets, Liabilities and Equity2014 vs. 2015
1,132.7 1,189.8
-
150.0
300.0
450.0
600.0
750.0
900.0
1,050.0
1,200.0
2014 2015
203.5
173.6
150
180
210
2014 2015
929.2
1016.3
0
150
300
450
600
750
900
1050
1200
2014 2015
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Assets(In USD mn)
Liabilities(In USD mn)
Equity(In USD mn)
Cash flow2014 vs. 2015
111.9
189.9
0
20
40
60
80
100
120
140
160
180
200
2014 2015
91.4
131.2
0
20
40
60
80
100
120
140
2014 2015
4.3
45.2
0
20
40
60
2014 2015
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Cash Flow From Operating(In USD mn)
Cash Flow for Investing(In USD mn)
Cash Flow For Financing(In USD mn)
Coal Production Volumegroup Reswara(mn tonnes)
Coal Performance
5.9
6.8
0
1
2
3
4
5
6
7
2014 2015
Overburden Removal(mn BCM)
Coal Getting(mn tonnes)
100.0
118.0
130.0
89.2
102.5
131.1
-
20.0
40.0
60.0
80.0
100.0
120.0
140.0
2010 2011 2012 2013 2014 2015
8.3
10.6 11.9 12.4
15.2
17.5
-
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0
2010 2011 2012 2013 2014 2015
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Power Performance
Average Rental Price(IDR/kWh)
5,019
3,680
-
1,000
2,000
3,000
4,000
5,000
6,000
2014 2015
291
344
260
270
280
290
300
310
320
330
340
350
2014 2015
Electricity production(bn kWh)
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Energy Mix
2011 2025
Oil 50% 23%Coal 24% 30%Gas 20% 20%Renewable Energy 6% 26%
Metalurgi, 4.6 Pupuk, 11.07
Semen, 13.2Tekstil, 3.02
Kertas, 0.88
Briket, 0.03PLTU, 119
Domestic Demand 2019(In mn tonnes)
Coal in Indonesia
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Source: Indonesian Coal Mining Association (APBI) and the Ministry of Energy and Mineral Resources (ESDM)
0
100
200
300
400
500
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016F 2019F
Production, Export and Consumption of Coal in Indonesia(In mn tonnes)
Production Export Domestic
Increase Demand for Coal
0
200
400
600
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Other Diesel Gas Coal
Electricity generation by fuel source(in TWh)
Sumber: Rencana Usaha Penyediaan Tenaga Listrik (RUPTL) 2015
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Coal News
“Stok Batu Bara Tak Mencukupi PembangkitListrik 20 GW”Kejatuhan harga batu bara memaksa sebagian perusahaantambang memangkas produksinya
“Batubara Diprediksi Akan Habis 2033, Proyek35 GW Terancam”
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Coal& Minerals Asia Magazine
“Insecure Coal Supply for Power Plant Projects”
“Proyek listrik 35 GW akan meningkatkanpenyerapan batubara didalam negeri”
Pursue operational excellent and transforming into a leading energy Company that manages a diversified and balanced business portfolio for the long term value creation
ABM 2020 : Balanced Business Portfolio
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depan, dengan bertransformasi menjadi
Outlook ABM 2020
Capital Expenditure
Source Capex§ Partnership§ Private Placement§ Bank
Capex Focus§ Power Solutions:
Investment in IPP projects§ Contractor Mine:
New projects in the sector mine
Project IPP 20201750 MW(Coal=1506 MW; Gas=654MW; renewable=61MW)
“ABM Supports Government’s Program of 35.000 MW”
US$2.6 bn
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