PT Dian Swastatika Sentosa Tbkdssa.co.id/images/b_public_expose/public_expose14.pdf · 2020. 10. 14. · IPP PLTU SUMSEL-5 SOUTH SUMATERA IPP PLTU KALTENG-1 CENTRAL KALIMANTAN IPP

PUBLIC EXPOSE H1-2020 – OCTOBER 21, 2020

PT Dian Swastatika Sentosa TbkWednesday, October 21, 2020


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AGENDA

Company Overview

Operational Overview H1-2020

Consolidated Financial Review H1-2020

Corporate Governance, Corporate Social Responsibility, and Awards

Economic Outlook, Business Opportunities, and Strategies


COMPANY OVERVIEW1


BUSINESS FIELD

•Pay TV

•Internet Services

•Fertilizer

•Chemical

•Pesticide

•Coal Mining

•Coal Trading

•Captive (300 MW)

•IPP (600 MW)

POWER GENERATION

COAL MINING AND TRADING

MULTIMEDIAFERTILIZER AND

CHEMICAL TRADING


COMPANY STRUCTURE

Power Generation GroupDSSE : PT DSSE Energi Mas Utama

Chemical Trading GroupRKN : PT Rolimex Kimia Nusamas

PT Dian Swastatika Sentosa Tbk(DSSA)

GEAR(Coal Mining

& Trading)

DSSM Group(Multimedia)

RKN Group(ChemicalTrading)

DSSI Group(Others)

DSSE Group(Power

Generation)

(39 entities) (39 entities) (2 entities) (8 entities)(9 entities)

Multimedia GroupDSSM : PT DSSA Mas Sejahtera

Coal Mining and Trading GroupGEAR : Golden Energy and Resources Limited

OthersDSSI : PT DSSA Mas Infrastruktur

Number of Subsidiaries in DSSA Group: 97 Entities

Company Structure as of June 30, 2020


NUMBER OF EMPLOYEES

2504 2407

608 619

H1-2019 H1-2020

Group's Employees Company's Employees


OPERATIONAL OVERVIEW H1-20202


POWER GENERATION


POWER PLANTS LOCATIONS

IPP PLTU SUMSEL-5SOUTH SUMATERA

IPP PLTU KALTENG-1CENTRAL KALIMANTAN

IPP PLTU KENDARI-3SOUTHEAST SULAWESI

CAPTIVE POWER PLANTSERANG

CAPTIVE POWER PLANTTANGERANG

CAPTIVE POWER PLANTKARAWANG-1

CAPTIVE POWER PLANTKARAWANG-2

TOTAL CAPACITY900 MW


H1-2019 H1-2020

732.971

MWh727.861

MWh

6.905.611GJ

7.163.479GJ

CAPTIVE POWER PLANTS

Electricity Capacity : 300 MWSteam Capacity : 1.336 ton/hour

OFFTAKE SALES(million USD)

-0.7%

H1-2019 H1-2020

+3.7%

Electricity Steam

24.2 24.9

H1 - 2019 H1 - 2020

+2.6%


IPP PLTU SUMSEL-5

• Location : Musi Banyuasin, South Sumatera• Capacity : 2 X 150 MW • Scheme : BOOT• Contract Period : 25 years• Customer : PT PLN (Persero)• Commercial Operation Date : December 20, 2016


IPP PLTU KENDARI-3

• Location : Konawe Selatan, South-East Sulawesi• Capacity : 2 X 50 MW• Scheme : BOOT• Contract Period : 25 years• Customer : PT PLN (Persero)• Commercial Operation Date : October 28, 2019


• Location : Tumbang Kajuei, Kalimantan Tengah• Capacity : 2 X 100 MW • Scheme : BOOT• Contract Period : 25 tahun • Customer : PT PLN (Persero)• Operation Year Target : 2020

IPP PLTU KALTENG-1

PROGRESSas of June 30, 2020

99%


IPP PLTU KALTENG-1

STEAM TURBINE #1

PLANT

COAL YARD

COOLING WATER SYSTEM


COAL MINING AND TRADING


MAIN COAL MINES LOCATIONS

BLOK KIMSOUTH SUMATERA

BIBSOUTH KALIMANTAN

BLOK SKS & PMSCENTRAL KALIMANTAN

BLOK ASLSOUTH SUMATERA

TKSCENTRAL KALIMANTAN

BLOK WRLSOUTH SUMATERA

BLOK BSLSOUTH SUMATERA

Coal Reservesas of June 30, 2020

1.265,5 million tons

Calorific Value2.688-6,200 Kcal/kg (ar)

STANMOREAUSTRALIA


COAL PRODUCTION AND SALES

H1 - 2019 H1 - 2020 Changes

Production Volume 13.2 million tons 17.6 million tons +33.3%

Sales Volume 14.0 million tons 18.0 million tons +28.6%

Revenue USD 495.9 million USD 581.0 million +17.2%

36%

64%

H1 - 2019

Local Export

39%61%

H1 - 2020

Local Export


FERTILIZER AND CHEMICAL TRADING


CHEMICAL SALES

H1 - 2019 H1 - 2020 Changes

Fertilizer 270,157 tons 118,390 tons -56.2%

Chemical 37,003 tons 53,715 tons +45.2%

Pesticide 1,879 kiloliters 2.776 kiloliters +47.7%

Revenue USD 109.6 million USD 60.9 million -44.4%


MULTIMEDIA


SERVICE AREAS

MEDAN

PALEMBANG

JABODETABEK

SEMARANGSURABAYA,MALANG

BANDUNG

Our Multimedia services are available in 11 major cities in

Java and Sumatra.

176,598 subscribers

812,707 home-passes


PAY TV AND INTERNET SERVICE SALES

H1 - 2019 H1 - 2020 Changes

Subscribers 133,346 176,598 +32.4%

Home-passes 725,959 812,707 +11.9%

Revenue USD 19.6 million USD 21.0 million +7.1%


CONSOLIDATED FINANCIAL REVIEWH1-2020

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CONSOLIDATED FINANCIAL REVIEW

331.8

544.7

823.8 832.1771.6

H1-2016 H1-2017 H1-2018 H1-2019 H1-2020

REVENUES(million USD)


75.3%

14.0%

7.9%

2.7%

0.1%

H1-2020

Coal Mining andTrading

Power Generation

Chemical Trading

Multimedia

Others

REVENUE DISTRIBUTION BASED ON BUSINESS SEGMENT

59.6%24.8%

13.2%

2.4%0.1%

H1-2019



H1 - 2019(in million USD)


Changes

Gross Profit 292.1 292.1 0.0%

Operating Profit 132.5 118.4 -10.6%

EBITDA 153.9 149.1 -3.1%

Net Income 47.8 42.3 -11.5%

FY - 2019(in million USD)


Changes

Current Assets 865.3 924.3 6.8%

Non-Current Assets 2,853.7 2,923.8 2.5%

Total Assets 3,719.0 3,848.1 3.5%

Current Liabilities 667.4 673.8 1.0%

Non-Current Liabilities 1,413.5 1,419.6 0.4%

Total Liabilities 2,080.9 2,093.4 0.6%

Total Equity 1,638.1 1,754.8 7.1%



FINANCIAL RATIONS

FY - 2019 H1 - 2020

Current Ratio 129.7% 137.2%

Liabilities-to-Equity Ratio 127.0% 119.3%

Liabilities-to-Assets Ratio 56.0% 54.4%

Return on Assets 1.9% 1.1%

Return on Equity 4.4% 2.4%

Gross Profit Margin 34.8% 37.9%


CORPORATE GOVERNANCE, CORPORATE SOCIAL RESPONSIBILITY, AND AWARDS

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CORPORATE GOVERNANCE

• In H1-2020, the Company has conducted the following meetings:

• On June 29, 2020, the Company has conducted the Annual General Meeting of Shareholders andthe Extraordinary General Meeting of Shareholders to change the composition of the members ofthe Board of Directors and to amend the Articles of Association of the Company.

• The Company has reported its financial and non-financial information transparently through the

Company’s website www.dssa.co.id and IDX website www.idx.co.id.

Number of Meetings

Annual General Meeting of Shareholders 1

Extraordinary General Meeting of Shareholders 1

Board of Commissioners 6

Board of Directors 6

Audit Committee 4

Nomination Committee 3

Remuneration Committee 2

Joint Meetings 2

Activities in H1-2020

http://www.dssa.co.id/

http://www.idx.co.id/



Franky Oesman WidjajaPresident Commissioner

Indra WidjajaVP Commissioner

Evita H. LegowoIndependent Commissioner

Robert A. SimanjuntakIndependent Commissioner

Andy N. SommengIndependent Commissioner

L. Krisnan CahyaPresident Director

AndrijantoDirector

Hermawan TarjonoDirector

Lokita PrasetyaDirector

BOARD OF DIRECTORS

BOARD OF COMMISSIONERS

Company’s Boards



Robert A. SimanjuntakChairman

Evita H. LegowoChairman

Carel RisakottaMember

Franky Oesman WidjajaMember

Asep KarsidiMember

Susi SusantijoMember

NOMINATION AND REMUNERATION COMMITTEES

AUDIT COMMITTEE

Company’s Committees



Inspection from the government regarding the implementation of Covid-19 protocols in the office

Socialization of the Covid-19 protocolto all employees through Zoom meeting

Provision of masks, hand sanitizers, and vitamin C for employees

Body temperature checkbefore entering the head office area

COVID-19 Protocol Implementations



Masks and physical distancing in the site area

Body temperature checkfor all employees and contractors

Disinfectant sprayingtwice a week on site

Disinfectant booth and hand washing facilitiesin front of the site lobby

COVID-19 Protocol Implementations


CORPORATE SOCIAL RESPONSIBILITY

Mass Treatment Program for Toddlers and the Elderlyin 3 villages in Bayung Lencir District, South Sumatra

(January 2020)

Submission of PPE Aid to the Covid-19 Handling Task Force, Bayung Lencir District, South Sumatra

(April 2020)

Providing Basic Food Assistance in the Context of Eid Al-Fitr, Bayung Lencir District, South Sumatra

(May 2020)

Handover of Block Aid to Residents Affected by House Fire, Bayung Lencir District, South Sumatra

(May 2020)



Inauguration of the Floating Reading Park, WawatuVillage, North Moramo District, South KonaweRegency, Southeast Sulawesi (February 2020)

Submission of PPE Aid to the Department of Industry and Trade of South Konawe Regency, Southeast

Sulawesi (May 2020)

Delivery of Basic Food Aid to ResidentsTanjung Tiram Village, Southeast Sulawesi

(May 2020)

Providing Al Quran and Prayer Matto Ar-Rahman Mosque, Wawatu Village, Southeast

Sulawesi (May 2020)



Submission of PPE Aid to Gunung Mas Police,Central Kalimantan

(April 2020)

Submission of Aid to the Covid-19 Handling Task Force, Rungan District, Central Kalimantan

(April 2020)


AWARDS

TOP CSR AWARD #Star 4TOP LEADER on CSR COMMITMENT 2020July 29, 2020


ECONOMIC OUTLOOK, BUSINESS OPPORTUNITIES, AND STRATEGIES

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ECONOMIC OUTLOOK

WORLD ECONOMY• As a result of the Covid-19 pandemic, the World Bank predicts world economic

growth of -5.2% in 2020.

• The world economy is expected to improve and grow by 4.2% in 2021.

INDONESIAN ECONOMY• The Covid-19 pandemic has also affected the Indonesian economy.

• Based on the development of indicators for the stability of the IDR value per

September 25, 2020, the Bank of Indonesia predicts Indonesia's economic growth

throughout 2020 will be around 1.48%.

• The Indonesian economy is predicted to grow in the range of 4.8% to 5.8% in

2021.


POWER GENERATION BUSINESSOPPORTUNITIES AND STRATEGIES

The Company analyzes every new business opportunity that may provide added valueto the Company, including opportunities to explore the renewable energy businesses.

National Power PlantEnergy Mix

as of May 2020

Source: Director General of Electricity, Ministry of Energy and Mineral Resources

63.92%18.08%

14.95%

3.05%

Coal Gas Renewables Oil

• To date, electricity in Indonesia still has ahigh dependence on coal energy.

• The prospect of coal-fired power plantsis expected to persist in the comingyears.

• The government supports thedevelopment of environmentally friendlytechnologies for coal-fired power plantsand continues to encourage the use ofsustainable energy for the developmentof the new and renewable energy-basedelectricity.


MINING BUSINESSOPPORTUNITIES AND STRATEGIES

32% 31% 28%

22% 24% 25%

27% 25%21%

6% 5%6%

10% 10%11%

2% 3%3%

1% 2%6%

2010 2020 2035

World Primary Energy Mix

Oil Natural GasCoal NuclearBiomass Hydro Renewable Energies

The company will continue to strive to strengthen its thermal coal marketing to domestic and export markets such as China, India, Malaysia and to reach new markets in Southeast Asia.

The Company, through its subsidiaries, has also begun to diversify its business into metallurgical coal and gold mining.

Source: Total

Short Term Opportunities

• As a result of the Covid-19 pandemic and theimplementation of lockdowns in various countriesin the world, global coal demand and prices haveweakened.

• In Indonesia, coal demand and prices for bothdomestic and export sales are also weakened.

Long Term Opportunities

• Coal will still be an important player in the energymix of a lot of countries in the world.

• The prospect of coal exports remains good asdemand from the Chinese market remains large;also the increasing demands from new powerplants in Southeast Asia, such as in Vietnam andthe Philippines.


(million people)

MULTIMEDIA BUSINESSOPPORTUNITIES AND STRATEGIES

The Company strives to increase market penetration, among others through improving service quality, expanding service areas, offering a variety of products that suit market needs at competitive prices, and

improving customer service.

Source: Processed from the Central Bureau of Statistics and Statista

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2017 2018 2019 2020 2021 2022 2023 2024

Jumlah Penduduk Jumlah Pengguna Internet Jumlah Pengguna E-commerce

CAGR 8%

CAGR 17%

Total Population Number of Internet Users Number of E-commerce Users

THANK YOU

PT Dian Swastatika Sentosa Tbkdssa.co.id/images/b_public_expose/public_expose14.pdf · 2020. 10. 14. · IPP PLTU SUMSEL-5 SOUTH SUMATERA IPP PLTU KALTENG-1 CENTRAL KALIMANTAN IPP

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