PT Elnusa Tbk
Investor Summit 2015 Bursa Efek Indonesia 13 November 2015 www.elnusa.co.id
Visi & Misi Elnusa Visi
Perusahaan Jasa Energi Terpercaya Misi • •
• Nilai Perusahaan • Clean • Respectful • Synergy
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Ekspansi Bisnis dari Jasa Hulu Migas Terintegrasi ke Jasa Energi Mewujudkan Stabilitas Pertumbuhan Bisnis Perusahaan yang Memenuhi Ekspektasi Pemegang Saham, dengan Disertai Adanya Pengembangan Kompetensi SDM dan Penguasaan Teknologi Jasa Energi Mencapai & Menjaga Kepuasan Pelanggan Melalui Pemberian Produk yang Berkualitas Berdasarkan Prinsip Operation Excellence dan Quality, Health, Safety & Environment Membina Hubungan yang Harmonis dan Saling Menguntungkan dengan Pemerintah, Mitra Kerja, Maupun Masyarakat
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Sekilas Elnusa Kekuatan Fundamental
1 Memiliki Track Record yang Terbukti di Industri Migas Nasional : Telah berusia lebih dari 45 tahun di bisnis jasa migas, Elnusa merupakan market leader pada segmen seismik darat dan penyedia jasa terpercaya di segmen oilfield services.
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SDM yang Mumpuni dan Berpengalaman : Sejalan
Reputasi dan Pencapaian HSE yang Membanggakan : Kualitas
dengan peralatan yang memadai serta SDM yang kompeten dan berpengalaman, Elnusa selalu mampu memberikan kepuasan kepada pelanggan serta service excellent yang tinggi.
Kinerja Elnusa selalu sesuai dengan standar ISO 9001:2008 & OHSAS 18001:2007, dan diakui oleh hampir semua client.
4 Basis Customer Yang Kuat : Memiliki client perusahaan‐perusahaan migas domestik maupun asing yang loyal serta operasional proyek yang meliputi hampir seluruh wilayah Indonesia. 3
Milestones
Establishment
Entered Seismic Business
Data Management, Oilfield Services, Fuel Trading & Distribution
Establishment of Drilling Services, Fabrication
2013
Non Core Divestments
Turnaround Program
Year of Human Resources
Initial Public Offering 7.298.500.000 Shares
2014
Strengthening operational level, organization and internal control functions as well as evaluating and redefining all product/services of the Company. 4
Company Structure PT Pertamina (Persero)
Dana Pensiun Pertamina
Publik
41.10%
17.81%
41.09%
Intergrated Upstream Services
Upstream Support Services
Logistic & Distribution Services
PT Elnusa Oilfield Services (99,99%)
PT Elnusa Fabrikasi Konstruksi (97,35%)
PT Elnusa Petrofin (99,93%)
PT Elnusa Geosains Indonesia (99,99%)
PT Patra Nusa Data (70,00%)
PT Elnusa Patra Ritel (98,00%)
PT Sigma Cipta Utama (99,99%) PT Elnusa Trans Samudera (98,23%) 5
Jasa Hulu Migas Terintegrasi Jasa Pemeliharaan Lapangan Migas Hydraulic Workover & Snubbing 11 Units HWU Snubbing with Rig Up 150K, 225K & 340K type
Coiled Tubing, Well Stimulation & Pumping 3 CTU Units, 3 Cementing & Pumping Units
Well Testing & Slickline 3 Testing & 3 Working Barges , 2 MPB, 1 LCT, 7 Slickline Units, 3 SFT & 4 DST Units
Jasa Pengeboran Drilling Rig Services 1 Unit Rig of 1600 HP, 3 Units of 550 HP, 1 Unit of 900 HP
Drilling Support Mud & Chemical 16 MLU, 9 H2S Units, Drilling Fluid Services
Electric Wireline Logging 19 Units for Open Hole Logging & Cased Hole Logging Services
Operation & Maintenance Field & pipeline operation maintenance service
Special Group Services Modular Crane Services, Field Operation Management, Enhance Oil Recovery
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Jasa Hulu Migas Terintegrasi Jasa Akuisisi Data Seismik
Jasa Pengolahan Data Seismik
Jasa Geophysical Non Seismik Gravity Survey Magnetotelluric & Time Domain Electromagnetic Magnetic Survey 7
Jasa Logistik dan Distribusi Migas PT Elnusa Petrofin FUEL STORAGE / DEPOT MANAGEMENT
• Mengelola 11 depot swasta dengan sistem VHS. • Mengelola 6 depot dengan sistem marine franco
FUEL FLEET MANAGEMENT
• Mengelola transportasi BBM di 23 lokasi TBBM. • Distribusi BBM ke 157 APMS di kalimantan • Mengelola transportas untuk 27 SPBB. • Menyewakan 70 unit MT BBM dan 10 unit MT LPG kepada Pertamina.
GAS STATION & LPG FILLING STATION
• Mengelola 2 SPBU and 1 SPBE
CHEMICAL, INDUSTRIAL & MARINE FUEL TRADING • Perdagangan specialty chemical untuk oil& gas industry, commodity chemical trading. • Pengisian ulangl, pencampuran dan jasa teknis. • Perdagangan BBM Industry and marine.
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Upstream Support Services Elnusa Fabrikasi Konstruksi Fabrication services (pumping unit for CTU, HWU), threading & trading of Pipa Oil Country Turbular Goods (OCTG) and EPC projects
Patra Nusa Data Oil & gas data management, licensing services, online data services and physical storage services
Sigma Cipta Utama Information system and electronic data physical storage, management services, oil & gas geological materials storage, radio tel services.
Elnusa Trans Samudera Marine oil & gas support services
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Penghargaan 2014 ‐ 2015
The Mahakam Award 2014 dari Total E&P Indonesie, untuk kategori High Risk Contractor.
6 Years Without DAFW 2014 dari Chevron Operations.
Peringkat 2 Annual Report Award 2014 untuk kategori Private Non Keuangan Listed dari Otoritas Jasa Keuangan, Kementerian BUMN, Direktorat Jenderal Pajak Kementerian Keuangan, Bank Indonesia, Bursa Efek Indonesia, Komite Nasional Kebijakan Governance, Ikatan Akuntan Indonesia
2 Golds & 4 Silvers at Annual Pertamina Quality Award dari Pertamina (Persero)
Best of the Best 50 Companies dari Forbes Indonesia
Best RIG HSE Performance 2014 dari VICO Indonesia
Peringkat 1 SWA 100 : Emiten Terbaik 2014 dari Majalah SWA, untuk kategori Industri Energi
Contract & Procurement Award untuk kategori Usaha Besar untuk Pengadaan Jasa dari Total E&P Indonesie
Penghargaan 20 Karya Unggulan Teknologi Anak Bangsa dari Kementerian Riset, Teknologi dan Pendidikan Tinggi
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Kinerja Saham ELSA Kinerja Saham ELSA Sepanjang 2014‐2015
Harga
Komposisi Kepemilikan Saham Minoritas ELSA
800
Volum
26%
700
20%
600 500 400 300 200
25%
24%
100
6%
0
J
F M A M J
J
A S O N D
J
F M A M J
J
A S
Saham ELSA tumbuh 104% in 2014 namun sempat turun ke terendah 65% pada August 2015 dibandingkan awal tahun Saham beredar 7.298.500.000 lembar Kapitalisasi pasar 2015 : Rp 2.3 trillion (+/‐ USD 200 million) Rata‐rata harga saham dan volume transaksi di 2015 : Rp 509 dan 32mn lembar/hari.
Kepemilikan Saham Minoritas ELSA di 2015 Didominasi oleh Kepemilikan Domestik Sebesar 75% Institusi Asing : 25% Asuransi : 26% Reksadana : 20%
Individu Domestik : 24% Lain‐lain : 5%
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Performa Keuangan IDR Bn
12
Grafik Kinerja Tahunan YTD 3.500
25%
Consolidated
1.600 1.400
3.000
30%
20%
17%
16%
2.500
1.200 15%
2.000
26%
3.021
10%
2.619
1.000
25%
1.000
600
20%
22%
800 1.500
35%
Oilfield & Drilling Sevices
15%
1.244
1.176 10%
400 5%
500
200
475
441 0%
‐
9M14 800
9M14 40%
Seismic Services
35%
600
30%
23%
25%
400 300
20%
629
15%
390
200 100
10%
10%
5%
148
38
‐
0%
9M14
IDR bn
9M15
1.600 1.500 1.400 1.300 1.200 1.100 1.000 900 800 700 600 500 400 300 200 100 ‐
Revenue
9M15
Gross Profit
Uneliminated 30%
Subsidiaries
25%
20%
15%
1.280
1.211
13% 10%
8%
5%
107
156 0%
9M14
Uneliminated
5% 0%
‐
9M15
700
500
300
273
Gross Margin
9M15
Uneliminated
13
Grafik Kinerja per Kuartal 25%
Consolidated
1.400
700
45%
Oilfield & Drilling Services
40%
600 1.200
18%
20%
1.000 15% 800
35%
29%
500 400
10%
600
25%
362
816
30%
20%
300
15% 200
400
146
200
100 0%
‐
Jun 14
Sep 14
Dec 14
Mar 15
Jun 15
30%
600
290
25%
500
Dec 14
Mar 15
Jun 15
25%
20%
394
400
140
113
90
10%
300
5%
200
15%
14%
15%
190
Sep 15
Subsidiaries
20%
240
10%
5%
0% 100
40
IDR bn
Sep 14
700
340
(10)
0%
Jun 14
35%
‐6% Jun 14
Sep 14
Dec 14
Mar 15
Jun 15
‐6
Sep 15
Revenue
54
‐5% ‐10%
10% 5%
‐
Sep 15
Seismic Services
390
105
5%
0%
‐
Jun 14
Gross Profit
Sep 14
Dec 14
Mar 15
Gross Margin
Jun 15
Sep 15
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Jasa Pemeliharaan by Produk Revenue & Growth Electric Wireline Logging
390 327
Drilling
Hydraulic Workover
231
228 185
‐19%
147
‐16% 9M14
9M15
9M14
Coiled Tubing Unit
9M15
58%
9M14
Drilling Fluid
9M15 Snubbing
84 133
124
‐7%
9M14
79
9M15
9M14
73
‐66%
15%
27
9M15
9M14
9M15 IDR bn
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Jasa Pemeliharaan by Produk Revenue & Growth Well Testing
Operation Maintenance
‐39%
85 55
44% 59
9M14
Slickline
9M15
9M14
Cementing & Pumping
27
‐40%
54 34
30
9M15
9M14
23
9M15
9M15
Drilling Evaluation
16
9M14
82%
‐60% 9
9M14
9M15 IDR bn
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Jasa Seismik Darat dan Pengolahan Data Revenue & Growth Seismic Land & Processing
629
‐38%
390
9M14
9M15 IDR bn
17
Kinerja Anak Perusahaan Elnusa Petrofin 1.122 987
‐12%
9M14 Sigma Cipta Utama
44
43
9M15 Patra Nusa Data
56
Elnusa Fabrikasi Konstruksi
172%
99
40
‐3%
‐29% 36
9M14
9M15
9M14
9M15
Revenue Revenue Growth
9M14
9M15 IDR bn
18
Status Kontrak Contract per 9M15 and Forward USD jt 9M15
SEGMENT
CARRIED OVER A
NEW CONTRACT B
TOTAL CONTRACT A+B
VALUE 2015 (Exp) C
VALUE ONWARD A+B‐C
Oilfield & Drilling Seismic TOTAL
230 28 258
99 86 185
329 114 443
117 49 166
212 65 277
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Investasi 750
500
A = New Investments B = Replacements
A = 227 B = 262
A = 280 B = 142 A = 337 B = 30
250
489
A = 26 B = 104
A = 51 B = 59
130
110
2012
2013
366
422
0 IDR bn
2011
2014
9M15
Area of Investment (Oilfield & Drilling Services & Seismic) : Electric Wireline Unit
Portable Slickline Unit
Geophones
Coiled Tubing Unit
Barges
Modular Rig
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Thank You DISCLAIMER : The information in this document has not been independently verified. No representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. None of PT Elnusa Tbk (the “Company“), nor any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss whatsoever arising from the use of this document or its contents or otherwise arising in connection with this document. This document is being furnished to you solely for your information on a confidential basis and may not be reproduced, redistributed or passed on, in whole or in part, to any other person. Any failure to comply with these restrictions may constitute a violation of the laws of any such other jurisdiction. By accepting this document you agree to be bound by the foregoing limitations. This document does not constitute or form part of an offer or invitation to purchase any shares in the Company and neither shall any part of it form the basis of nor be relied upon in connection with any contract or commitment whatsoever. Any decision to purchase shares should be made solely on the basis of information contained in the prospectus.
PT Elnusa Tbk. Graha Elnusa Jl. T.B. Simatupang Kav. 1B Jakarta 12560, Indonesia Tel: +62 21‐78830850 Fax: +62 21‐78830907 www.elnusa.co.id
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