PT United Tractors Tbk
Public Expose9 August 2017
Construction Machinery ◦ Mining Contracting ◦ Coal Concession ◦ Construction Industry ◦ Energy
United Tractors in Brief
Establish in:
13 October 1972
No. of employee
(as of June 2017)
27,953 people
Go Public:
19 September 1989
Market cap . (as of
June 2017)
Rp 102.4 trillion
Shareholder
Composition
40.5%
59.5%
Construction
Machinery
Mining
Mining
Contracting
Construction
Industry
Main Business:
Network:
20 branches, 22 site support,
10 rep. offices, and 14 mine offices
Public
3,730,135,136 share as
Of 30 June 2017
Energy
CONSTRUCTION MACHINERYKomatsu Sales (in unit)
54%
43% 35%
29% 30% 23%
51%
24%
26%
23%
14% 10%
10%
14%
16%
23%
28%
36% 46%
52%
22%
6%
8%
14%
21% 14%
15%
13%
2012 2013 2014 2015 2016 6M 2016 6M 2017
Mining Plantation Construction Forestry
2,124
6,202
4,203
3,513
2,181
1,751
1,036
%69+
Parts & Service Revenue (after elimination in billion Rupiah)
2012 2013 2014 2015 2016 6M2016 6M2017
5,8895,518
5,980 6,093 5,818
2,7983,232
+16%
855.5 844.9 806.4766.6
701.5
341.1 360.4
2012 2013 2014 2015 2016 6M2016 6M2017
MINING CONTRACTING
Coal Production(in million ton)
94.4105.1 113.5 109.0 109.2
50.2 52.0
2012 2013 2014 2015 2016 6M2016 6M2017
Overburden Removal (in million bcm (bank cubic metre))
+4%
+6%
MINING
Coal Sales Volume
(in thousand tons)
5,627
4,176
5,672
4,604
6,808
4,457
3,635
2012 2013 2014 2015 2016 6M2016 6M2017
-18%
CONSTRUCTION INDUSTRY
Until June 2017, PT Acset Indonusa Tbk (ACSET) booked net revenue of Rp1.0 trillion and
net pofit of Rp64 billion, and obtained new contracts worth of Rp7.1 trillion compared
Rp2.4 trillion in the same period 2016.
ACSET holds new contracts in 2017 for:
• Jakarta-Cikampek II elevated toll road• Bakauheni-Sidomulyo toll road• JORR II Kunciran-Serpong toll road
2014 2015 2016 6M2016 6M2017
606
3,0883,773
2,404
7,141
New Contracts(in billion Rupiah)
+197%
ENERGY
LOCATION
CAPACITY
PLTU PAMA-1BARUNANG, KALIMANTAN TENGAH
2 x 15 MW
START
PROGRESS
100% / PT ENERGIA PRIMA NUSANTARA
Civil : 90% ;
Electrical, Mechanical & IC: 79%
INVESTMENT US$ 60 million
OWNERSHIP
January 2015
LOCATION
CAPACITY
PLTU Jawa-4 (Tanjung Jati 5 & 6)JEPARA, JAWA TENGAH
2 x 1,000 MW
START
PROGRESS
25% / PT UNITRA PERSADA ENERGIA
Construction work, operational target in
2021
INVESTMENT US$ 4.2 billion
OWNERSHIP
April 2017
Photo: PLTU Jawa-4 (Tanjung Jati 5&6), August 2017
Photo: PLTU PAMA-1, July 2017
Consolidated Revenue(in billion Rupiah)
22,15815,644 14,983 13,629 14,618
6,86411,194
27,994
31,554 33,49330,545
24,003
11,563
13,251
5,8023,814
4,666
3,817
5,124
3,193
3,960
1,3571,794
944
1,026
2012 2013 2014 2015 2016 6M2016 6M2017
Construction Machinery Mining Contracting Mining Construction Industry
55,95451,012
53,14249,347
45,539
22,564
29,431
Financial Hightlights(in billion Rupiah)
(*): Profit after tax attributable to owners of the parent. Excluding the impairment test’s results, the Company recorded net income ofRp 6,9 trillion in 2014 and Rp 6,4 trillion in 2015 .
Expressed in billion Rupiah
Year 2012 2013 2014 2015 2016 6M2016 6M2017
Exchange rate (Rp/US$) 9,670 12,189 12,440 13,795 13,436 13,180 13,319
Net Revenue 55,954 51,012 53,142 49,347 45,539 22,564 29,431
Gross Profit 10,521 9,517 12,070 11,702 9,661 4,151 6,249
Gross Profit Margin 18.8% 18.7% 22.7% 23.7% 21.2% 18.4% 21.2%
Net Income* 5,780 4,834 5,370 3,853 5,002 1,854 3,423
Earning per Share (in full Rp) 1,549 1,296 1,437 1,033 1,341 497 918
Cash 3,995 7,936 10,060 15,413 19,461 14,609 22,112
Total Assets 50,301 57,362 60,307 61,715 63,991 58,990 78,259
Total Liabilities 18,000 21,713 21,777 22,465 21,369 19,378 33,494
Debt/Equity (gearing) ratio 6.00% net surplus net surplus net surplus net surplus net surplus net surplus
Events Highlight in 2017
� 23 March 2017, the Company through its subsidiary Tuah Turangga Agunghas completed the acquisition of 80.1% ownership in PT Suprabari
Mapanindo Mineral, a coking coal concession in Central Kalimantan.
� 31 March 2017, 25%-owned PT Bhumi Jati Power (BJP) has completed itsproject financing agreement with lenders (financial close). BJP will develop
and operate 2x1,000 MW thermal power plant in Jepara, Central Java.
� 11 April 2017, launch of KomatsuExcavator PC195LC-8 (19.5 ton class for
construction sector).
Thank You