Investor Relations’ Update for Analysts and … Relations’ Update for Analysts and Investors...

Golden Steps to The Best

Investor Relations’ Update

for Analysts and Investors based on Q1 Results 2014

PT SARANA KARYA


VISION To be One of The Best Integrated EPC and Investment Company in South East Asia

MISSION Providing Excellent Integrated Product and Services on EPC and Investment for Infrastructure, High-Rise Building, Energy, Industrial Plant, Precast Industry & Property Accomplish Key Stakeholders Expectation Practicing Business Ethics to Promote Good Corporate Citizen and Company Sustainability Strategic Overseas Expansion Implementing “Best Practice” Integrated Management System

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WIKA’S BUSINESS PORTFOLIOINDUSTRY INFRASTRUCTURE &

BUILDINGENERGY &

INDUSTRIAL PLANTREALTY & PROPERTY INVESTMENT

Precast Concrete : - Precast Concrete Product - Natural Resources

Management

Industrial Facilities : - Steel Fabrication - Aluminium Casting - Plastic Injection

Bitumen : - Granular Asphalt - Extraction Asphalt

Civil Construction : - Road and Bridge - Seaport, Jetty - Dam & Barrage

Building Construction : - Residential & Commercial - Airport - Facility

Steel Construction : - Erection - Equipment Installation

EPC : - Oil and Gas Plant - Petrochemical Plant - Cement Plant, Power Plant - Mining, Biofuels, Fertilizer

Operation & Maintenance : - Power Plant - Industrial Equipment

Realty & Property : - Landed House - Highrise (Apartment, Condotel, Office Mixed Use) - Industrial Estate

Property Management

Energy Water & Environment Transportation Infrastructure

Civil Work Department Regional Department Overseas Department Building Department

Industrial Plant Department Power Construction Department Power Investment Department

Building Department Power Investment Department

SERV

ICES

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PT SARANA KARYA


Jakarta MRT Underground and Elevated Section Design and built for civil work including 8 elevated stations and 13

Underground Stations Estimated Time of Completion 2018

Located in Jatigede district, West Java. With height more than 100m and 980 cubic mtr capacity, planned to

have function to irrigate 90.000 acre area, providing fresh water for society .

INFRASTRUCTURE & BUILDINGCivil Construction

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15 November 2013 The New Ngurah Rai International Airport was finished and handover to Angkasa Pura I.

Terminal 3 Extension Soekarno-Hatta Airport , Jakarta Design and Built, including 380.000sqm showpieces

facility and new 25mppa terminal, open for business in late 2015

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INFRASTRUCTURE & BUILDINGBuilding Construction


WIKA’s 1st EPC of Coal Fired Power Plant Amurang 2 X 25 MW, North Sulawesi, WIKA become the pioneer of local company to finished EPC power plant outside Java

Installation of Sucker Rod Oil Pump, located at NDD 13, Duri Pekanbaru

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ENERGY & INDUSTRIAL PLANTEPC


Operation & Maintenance Diesel Engine PP Bali 3X18 MW

Operation & Maintenance Diesel Engine PP Bali 3X18 MW

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ENERGY & INDUSTRIAL PLANTOperating & Maintenance


Bogor Plant - The biggest plant with 8 line of production, produce piles and poles precastBogor Plant - The biggest plant with 8 line of production, produce piles and poles precastproduce piles and poles precast Operational Area

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INDUSTRY Beton Precast


Clinker and Cement Additives Transport System

Steel Fabrication

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INDUSTRY Industrial Facilities


ASPHALT MININGASPHALT MINING

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INDUSTRY Bitumen


NORTH SUMATERA EAST KALIMANTAN SULAWESI

WEST JAVA & BANTEN

JAKARTA

CENTRAL JAVAEAST JAVA

BALI

Land Bank (as of September 2013)

Landed House: 1.580.760 m2High rise: 25.297 m2

included JO

NORTH SUMATERA

Debag TaTaTaTaTaaTTaTaaamanmmm sari ----- Medan LaLaLaLaLaLandennn d hd hhhousousousousousousouusuoo e: 11.754757575757 m2 Tanahahahahahhhhhh AcAcAAA eh eeh - AAAAAAcecececcccAAccLaLaLaLaLaLaLLaLLaaandendendendendendendededeeeed dd d d hd hhhd ddd hd d hhouso e: 8788787778788878877787877 m2m2m2m2mm2m2m2m2mm2mse: 8

EAST KALIMANTAN

Tamanma sari Bukit Mutiara - BalBalalalalalalaalalikpikpikkikpikpapaapaapaapaapaaaaaaaaaannnnnnnnnnn Landededededeed house: 19.543 m22222 Grand TaTaT mansari - SaSaSaSaSaSaSaS marmarmarmarmmamm inda Landed hhhousou e: 7707070707070007007 ..578 m2

SULAWESI

TaTammansari Metropolitanan - M- Manaannan do do Landed house: 27.0444 m22m2m The Lagoon Tamansarri AppA artrtmement t High rise: 2.488 m2 2AtAtanangngngggg MaMaM kaskassarsar -- MMakakMakkMakMakMakkMakkMakMaka asasar r LLaLaaLaLaaLaaaanndnndndndndedn ed d hd hhhhd hd hd housooususussuse:e:eeeeeeeee 15155555.115 695956956969955969 mm2 eee::e:eee:e:e: e 151515515115151TaTaTaTaTaTTaTaaamanmannnnnnsarri Ki Ki KKayaaaayaay gangan -n - KeKenddaririririiriri ayayaayyayaayaayaayayangngnngLaLaLaaaaLanden d hd hhhhd hd d hoousousousousousousoussouou e:e:e:e:eee:e::e: e 4024024444 .4.410 m22

WEST JAVA & BANTENTamansari Maglayang Regency - Bandung nggg

Landed housed: 88.183 m2Landed housed: 888 .183 m2Tamansari Puri Bali - Depok

Landed house: 19.152 m2 Tamansari Pelabuhan ratu - Sukabumi

Landed house: 242.338 m2 Tamansari Panoramic - Bandung

High rise: 4.125 m2 La Grande Tamansari Merdeka - Bandung

High rise: 4.393 m2 Taman Bukit Damai - Bandung

Landed house: 829 m2 d house: 829 m2 ed house: 829 m2 d house: 829 m2 Tamansari Persada - Bogor nn

Landed house: 1.757 m2edd

JAKARTA

CENTRAL JAVA Tamansari Majapahit - Semarang Landed house: 5.760 m2 The Hill Tamansari - Semarang Landed house: 16.480 m2

EAST JAVA De Papilio Tamansari - Surabaya High rise: 5.384 m2

BALI

Jivva Resort @Tamansari - Lepang Landed house: 10.259 m2 Jineng Tamansari - Bali Landed house: 12.000 m2

Tamansari SSemaemamamamamamammaamamme nggi i A AAAAAparparrararararara tettememen High rise: 82221 mm1 mmmm2 2 2 2 2222 222 The Hive @Tamanssaaaaaririri riri ri ririri ri ri rr High rise: 6.070 m2 2 Tamansari Pesona Balli -i Jakarrtatata ta tatatata tttataaa Landed house: 1.144 m2 Festival Fatmawati - Jakartaa Festival Fatmawati Jakarka taa

Landed house: 129 m2

Land Bank (as of September 2013)

Landed House: 1.580.760 m2High rise: 25.297 m2

included JO

Ongoing Project

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PROPERTY Realty


TURBINE GAS POWER PLANT BORANG 2 X 30MWTURBINE GAS POWER PLANT BORANG 2 X 30MW

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INVESTMENTEnergy

Golden Steps to The Best 13

1. SK Menteri BUMN No. SK-16/S.MBU/20122.Assessment by Indonesia Quality Award (IQA)3.Assessment by “Kriteria Penilaian Kinerja Unggul” (KPKU)4.Assessment by LPPM5.Assessment by AON Hewitt6. Assessment based Coso Framework 7. Assessment based ISO 31000

GCG SCORE (Assessor: BPKP)

CORPORATE RATING (Assessor: PEFINDO)

PERFORMANCE EXCELLENCE

ENGAGEMENT LEVELRISK MATURITY LEVEL

CORPORATE ASSESSMENT


GCG SCORE ( BPKP

BUMN BERSIH BUMN BERSIH Team

CGPI INDEX

ASEAN SCORECARD

CORPORATE GOVERNANCE ASSESSMENT

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AWARDS & CERTIFICATIONS

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ORDER BOOK, NEW CONTRACT, SALES & NET INCOME 2010 - 2014F

2010 2011 2012 2013 2014F

14,09811,885

9,9057,7426,023

25,831

17,73117,12513,568

10,223

49,972

38,26733,718

26,591

20,839

Order Book New Contract Sales Net Income

CAGR Net Income

19,02%CAGR Sales

18,52%

16

285 354479

570678


0

1250

2500

3750

5000

Jan Feb Mar

ORDER BOOK & SALES

•

••


GovernmentPrivate SOE* Included Private Project in Oil & Gas 2012 = Rp 1,73 trilion 2013 = Rp 859 trilion 2014 = Rp 2,4 trilion

2012

18,4% Rp 3.136

30,6% Rp 5.249

* 51,0%

Rp 8.740

33.0% Rp 3.302

39.4% Rp 3.938

27.6% Rp 2.754

27,2% Rp 7.022

34,2% Rp 8.842

* 38,6%

Rp 9.967

25,4% Rp 4.809

34,9% Rp 6.605

39,7% Rp 7.516

2014F

24,3% Rp 4.312

40,7% Rp 7.209

* 35,0%

Rp 6.210

26,8% Rp 4.041

30.8% Rp 4.649

42,3% Rp 6.382

2013

SalesNew Contract SalesNew ContractSalesNew Contract

(bilion Rp.)NEW CONTRACT & SALES

SalesNew Contract SalesNew ContractSalesNew Contract


NEW CONTRACT


Description 2012 2013

CONSOLIDATED OF COMPREHENSIVE INCOME 2013


Description 1Q13 1Q14

CONSOLIDATED OF COMPREHENSIVE INCOME 1Q14


Description 2012 2013 Growth YoY

Total Current Assets 7.250,64 7.994,29 9,30%Total Non Current Assets 3.770,13 4.600,67 18,05%

TOTAL ASSETS 11.020,77 12.594,96 12,50%

Total Current Liabilities 6.580,33 7.298,47 9,84%Total Non Current Liabilities 1.606,14 2.069,53 22,39%

TOTAL LIABILITIES 8.186,47 9.368,00 12,61%

Share Capital 610,56 614,01 0,56%Treasury Stock 0 (10,27)Additional PIC 756,06 713,75 -5,93%Change of Equity in Subsidiaries 23,53 429,40 94,52%Retained Earning 1.204,22 1.202,09 -0,18%

Sub TOTAL EQUITY 2.594,36 2.948,96 12,02%

Non Controlling Interest 239,93 278,00 13,69%TOTAL EQUITY 2.834,30 3.226,96 12,17%

TOTAL LIABILLITIES & EQUITY 11.020,77 12.594,96 12,50%

CONSOLIDATED OF FINANCIAL POSITION 2013


Description 1Q13 1Q14 Growth YoY

Total Current Assets 7,994.29 7,892.37 -1.27%Total Non Current Assets 4,600.67 4,975.21 8.14%

TOTAL ASSETS 12,594.96 12,867.58 2.16%

Total Current Liabilities 7,298.47 7,417.69 1.63%Total Non Current Liabilities 2,069.53 2,039.83 -1.44%

TOTAL LIABILITIES 9,368.00 9,457.52 0.96%

Share Capital 614.00 614.00 0.00%Treasury Stock -10 (10.27) 0.00%Additional PIC 713.75 713.75 0.00%Change of Equity in Subsidiaries 429.40 429.40 0.00%Retained Earning 1,202.09 1,369.61 13.94%

Sub TOTAL EQUITY 2,948.96 3,116.48 5.68%

Non Controlling Interest 278.00 293.58 5.61%TOTAL EQUITY 3,226.96 3,410.06 5.67%

TOTAL LIABILLITIES & EQUITY 12,594.96 12,867.58 2.16%

CONSOLIDATED OF FINANCIAL POSITION 1Q14


DescriptionReceived from Customers 9.680,39 11.253,37Payment to Suppliers (8.828,93) (10.381,93

Payment for Directors and Employees (162,98) (233,39)Payment for Operating Expenses and Others (89,24) (124,53)Deposit Interest Receipt 36,49 24,11Payment of Interest (44,58) (64,03)Payment of Taxes (112,99) (184,49)CASH FLOW FROM OPERATING ACTIVITIES 478,15 289,11CASH FLOW FROM INVESTING ACTIVITIES (1.072,56) (619,87)CASH FLOW FROM FINANCING ACTIVITIES 871,06 185,31INCREASE (DECREASE) OF NET CASH & CASH

Q276,65 (145,45)

BEGINNING BALANCE OF CASH & CASH EQUIVALENT 1.255,50 1.532,15ENDING BALANCE OF CASH & CASH EQUIVALENT 1.532,15 1.386,71

CONSOLIDATED STATEMENT OF CASH FLOW 2013


DescriptionReceived from Customers 2,300.66 2,221.67Payment to Suppliers (2,256.44) (2,276.28)Payment for Directors and Employees (48.12) (61.46)Payment for Operating Expenses and Others (34.98) (27.46)Deposit Interest Receipt 13.50 8.75Payment of Interest (1.15) (10.51)Payment of Taxes (97.52) (75.68)CASH FLOW FROM OPERATING ACTIVITIES (124.06) (220.97)CASH FLOW FROM INVESTING ACTIVITIES (298.14) (156.15)CASH FLOW FROM FINANCING ACTIVITIES 294.29 133.52INCREASE (DECREASE) OF NET CASH & CASH

Q(127.91) (243.60)

BEGINNING BALANCE OF CASH & CASH EQUIVALENT 1,499.14 1,386.71ENDING BALANCE OF CASH & CASH EQUIVALENT 1,371.23 1,143.10

CONSOLIDATED STATEMENT OF CASH FLOW 1Q14


CAPITAL EXPENDITURE 2013


CAPITAL EXPENDITURE 2014F


SHAREHOLDER’S STRUCTURE

• Over 600 institutional investors• Approximately 8,391 individual shareholder• 669 Employees and former employees are shareholders

h ld


Year Net Income (IDR Bio)

EPS (IDR)

Dividend Payout Ratio

2008 156.03 26.75 30%2009 189.22 33.37 30%2010 284.92 50.15 35%2011 354.5 60.59 30%2012 457.86 76.01 30%2013 569.94 92.93 30% 29

STOCK PRICE PERFORMANCE


Additional Information is available upon request. For further Information please contact:

Natal Argawan Pardede, Corporate SecretaryPhone (021) 8192808 or Facsimile (021) 8191235

Visit us: www.wika.co.id

DisclaimerThis material is for Information only, and we are not soliciting any action based upon it. This report is not to be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. The Information herein has been obtained from sources believed to be reliable, but we do not warrant that it is accurate or complete, and it should not be relied upon as such. Opinion expressed is our current opinion as of the date appearing on this material only, and subject to change without notice. It is intended for the use by recipient only and may not be reproduced or copied/photocopied or duplicated or made available in any form, by any means, or redistributed to others without written permission of PT Wijaya Karya (Persero) Tbk.

The End of Presentation

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