PRESENTASI MANAJEMEN

PT Adhi Karya (Persero) Tbk.

Maret 2015

MILESTONE ADHI

20122014 2013

1960

PN Adhi Karyanasionalisasi

Dutch Company

Associate N.V.

1974

PT Adhi Karya

(Persero)

PN Adhi Karya berubah

menjadi PT Adhi Karya (Persero)

July 2011

TRANSFORMASI ADHI :

• Perubahan Visi & Misi

• Penetapan RJPP 2012-2016, 5 Lini Bisnis [KONSTRUKSI, EPC, PROPERTI, REAL ESTATE, INVESTASI INFRASTRUKTUR]

• Restrukturisasi Organisasi

• Pendirian ADHI Learning Center

• Tata Nilai Perusahaan:

• Bekerja Cerdas

• Jujur Bertanggung Jawab

• Bersahaja

Filosofi yang mendasar Corporate Culture:

Bekerja adalah Ibadah

Corporate Culture

Pendirian Anak PerusahaanPendirian Anak PerusahaanPembangunan Pabrik Precast

Pengembangan Bisnis Properti

dan Real Estate

MoU Monorel

(Konsorsium MonorelBUMN)

Grandhika Blok M Hotel

2004

Go Public 18 Maret 2004

ADHI, BUMNKonstruksi pertama yang melantai di BEI

2

LINI BISNIS

KONSTRUKSI

Gedung

Bandara

Pelabuhan

Jalan & Jalan Tol

Jembatan

Sumber Daya Air

Perkeretaapian

EPC

Power Plant

Industri

Oil & Gas

PROPERTI

Apartemen

Perkantoran

Kondotel

Hotel

REALTI

Perumahan

Mal

Store

INVESTASI

Manufaktur Precast Concrete

Transportasi

APG

Divisi Konstruksi

1 -7

PMU Power APP APR APB

PMU Transportasi &

IPPPMU Oil & GasDivisi Hotel

3

DEWAN KOMISARIS

Imam S. Ernawi

Komisaris Utama

Suroyo Alimoeso

Komisaris

Bobby A.A. Nazief

Komisaris

Murhadi

Komisaris Independen

Achmad Gani

Ghazali Akman

Komisaris

Muchlis R. Luddin

Komisaris Independen

4

Kiswodarmawan

Direktur Utama

DIREKSI

BEP Adji Satmoko

Direktur

Supardi

Direktur

Giri Sudaryono

Direktur

Djoko Prabowo

Direktur

Pundjung Setya Brata

Direktur

5

KEPEMILIKAN SAHAM

51%38%

11%

SAHAM BEREDAR 1.801.320.000

PEMERINTAH 918.680.000

PUBLIK 882.640.000

AsingPemerintah Lokal

FY2013 12M14

6

51%39%

10%

PERGERAKAN SAHAM ADHI HINGGA DESEMBER 2014

7

-

1.000

2.000

3.000

4.000

5.000

6.000

02/01/14 02/02/14 02/03/14 02/04/14 02/05/14 02/06/14 02/07/14 02/08/14 02/09/14 02/10/14 02/11/14 02/12/14

3,480

5,178

1,540

4,327

LAPORAN LABA (RUGI)

8

(in million IDR)2013

audited%

2014RKAP

%2014

audited% %G % RKAP

Revenue 9.799.598 100,0% 11.976.691 100,0% 8.653.582 100,0% -11,7% 72,3%

Cost of Contract (8.606.444) -87,8% (10.411.894) -86,9% (7.655.380) -88,5% -11,1% 73,5%

Gross Profit 1.193.155 12,2% 1.564.797 13,1% 998.202 11,5% -16,3% 63,8%

Profit (Loss) JO 54.557 0,6% 22.402 0,2% 18.386 0,2% -66,3% 82,1%

Gross Profit after JO 1.247.711 12,7% 1.587.199 13,3% 1.016.588 11,7% -18,5% 64,0%

Operating Expense (328.961) -3,4% (433.939) -3,6% (361.179) -4,2% 9,8% 83,2%

Operating Profit 918.751 9,4% 1.153.260 9,6% 655.409 7,6% -28,7% 56,8%

Other Income (Expense) (96.467) -1,0% (170.584) -1,4% 75.673 0,9% -178,4% -44,4%

E B I T 822.283 8,4% 982.676 8,2% 731.083 8,4% -11,1% 74,4%

Interest Expense (107.919) -1,1% (136.485) -1,1% (136.530) -1,6% 26,5% 100,0%

E B T 714.365 7,3% 846.191 7,1% 594.553 6,9% -16,8% 70,3%

Tax (305.927) -3,1% (382.651) -3,2% (267.896) -3,1% -12,4% 70,0%

E A T 408.438 4,2% 463.541 3,9% 326.657 3,8% -20,0% 70,5%

Min. Int. in Subs. (2.461) 0,0% (2.937) 0,0% (2.585) 0,0% 5,0% 88,0%

Net Income 405.977 4,1% 460.604 3,8% 324.071 3,7% -20,2% 70,4%

NERACA

9

(in million IDR)2013

audited%

2014RKAP

%2014

audited% %G % RKAP

Cash & Bank 1.939.960 20,0% 1.403.160 13,7% 811.412 7,8% -58,2% 57,8%

Receivables 4.736.454 48,7% 4.429.735 43,1% 5.572.874 53,3% 17,7% 125,8%

Inventory 1.057.844 10,9% 1.428.499 13,9% 1.221.426 11,7% 15,5% 85,5%

Advance Payment 226.061 2,3% 305.183 3,0% 183.608 1,8% -18,8% 60,2%

Other Current Assets 1.139.148 11,7% 1.605.994 15,6% 1.754.974 16,8% 54,1% 109,3%

Current Asset 9.099.467 93,6% 9.172.571 89,3% 9.484.299 90,7% 4,2% 103,4%

Fixed Asset - Net 271.257 2,8% 331.122 3,2% 496.096 4,7% 82,9% 149,8%

Other Non Current Asset 350.238 3,6% 771.189 7,5% 478.487 4,6% 36,6% 62,0%

TOTAL ASSETS 9.720.962 100,0% 10.274.882 100,0% 10.458.882 100,0% 7,6% 101,8%

Account Payables 4.767.420 49,0% 3.922.329 38,2% 4.923.213 47,1% 3,3% 125,5%

Contract Advances 704.875 7,3% 1.257.553 12,2% 542.669 5,2% -23,0% 43,2%

Bank Loans & Bonds 1.708.776 17,6% 2.246.976 21,9% 2.269.129 21,7% 32,8% 101,0%

Other Liabilities 991.428 10,2% 956.165 9,3% 972.328 9,3% -1,9% 101,7%

TOTAL LIABILITIES 8.172.499 84,1% 8.826.141 85,9% 8.707.338 83,3% 6,5% 98,7%

Min. Int. in Subs. 9.234 0,1% 13.820 0,1% 6.959 0,1% -24,6% 50,4%

EQUITY 1.539.229 15,8% 1.878.039 18,3% 1.744.584 16,7% 13,3% 92,9%

TOTAL LIAB. & EQUITY 9.720.962 100,0% 10.274.882 100,0% 10.458.882 100,0% 7,6% 101,8%

ARUS KAS

10

(in million IDR) %G % RKAP

Cash Flow From Operating Activities

Total Cash Receipts -22.7% 68.9%

Total Cash Payments -9.2% 75.9%

Total Cash Flow From Operating -271.4% 745.6%

Cash Flow From Investment Activities 96.7% 67.7%

Cash Flow From Financing Activities

Financing -53.1% 28.3%

Dividend Payment 187.8% 100.0%

Total Cash Flow From Financing -38.8% 94.5%

Net Increase of Cash and Cash Equivalents -214.3% 210.2%

Cash And Cash Equivalents At Beginning Of Period 104.5% 100.0%

Restricted Cash

Effect in Foreign Exchange - Net - -

Cash And Cash Equivalents At End Of Period -58.2% 57.8%1,939,960

0

0

1,403,161

2013audited

11,100,703

(12,592,071)

12,460,876

(131,195)

(868,512)

1,116,000

(121,792)

462,908

(536,799)

2014RKAP

1,939,960

811,412

315,790

(121,793)

437,584

(1,128,589)

1,939,960

2014audited

8,580,336

(9,558,567)

(978,231)

(587,941)

(10,529,866)

570,837

(298,862)

672,938

(42,318)

715,256

987,232

948,846

0

3,882

0

41

KINERJA per lini bisnis

11

ADHI ADHI ADHI ADHI ADHI ADHI

Konstruksi % EPC % Realti % Properti % Investasi Inf. % Konsolidasi %

(in million IDR) 2013 2013 2013 2013 2013 2013

Revenue 7.203.003 100,0% 1.891.112 100,0% 197.688 100,0% 507.795 100,0% - - 9.799.602 100,0%

Cost of Contract (6.298.335) -87,4% (1.887.184) -99,8% (80.614) -40,8% (340.311) -67,0% - - (8.606.447) -87,8%

Gross Profit 904.668 12,6% 3.928 0,2% 117.074 59,2% 167.485 33,0% - - 1.193.156 12,2%

Gross Profit after JO 997.287 13,8% (34.134) -1,8% 116.656 59,0% 167.485 33,0% - - 1.247.712 12,7%

Operating Expense (373.468) -5,2% (20.851) -1,1% (12.048) -6,1% (18.642) -3,7% - - (425.010) -4,3%

Operating Profit 623.819 8,7% (54.985) -2,9% 104.607 52,9% 148.843 29,3% - - 822.703 8,4%

Other Income (Expense) (146.040) -2,0% 62.485 3,3% (18.232) -9,2% (6.550) -1,3% - - (108.337) -1,1%

E B T 477.779 6,6% 7.499 0,4% 86.375 43,7% 142.292 28,0% - - 714.365 7,3%

E A T 264.111 3,7% (49.378) -2,6% 74.981 37,9% 118.306 23,3% - - 408.439 4,2%

Net Income 261.650 3,6% (49.378) -2,6% 74.981 37,9% 118.306 23,3% - - 405.977 4,1%

ADHI ADHI ADHI ADHI ADHI ADHI

Konstruksi % EPC % Realti % Properti % Investasi Inf. % Konsolidasi % % G

(in million IDR) 2014 2014 2014 2014 2014 2014

Revenue 6.766.709 100,0% 863.121 100,0% 195.234 100,0% 663.597 100,0% 164.916 100,0% 8.653.582 100,0% -11,7%

Cost of Contract (6.098.159) -90,1% (874.473) -101,3% (135.238) -69,3% (416.947) -62,8% (130.559) -79,2% (7.655.380) -88,5% -11,1%

Gross Profit 668.550 9,9% (11.352) -1,3% 59.997 30,7% 246.650 37,2% 34.357 20,8% 998.202 11,5% -16,3%

Gross Profit after JO 690.072 10,2% (14.488) -1,7% 59.997 30,7% 239.466 36,1% 34.357 20,8% 1.016.589 11,7% -18,5%

Operating Expense (164.655) -2,4% (14.862) -1,7% (10.809) -5,5% (22.791) -3,4% (21.439) -13,0% (278.322) -3,2% -34,5%

Operating Profit 525.418 7,8% (29.350) -3,4% 49.188 25,2% 216.675 32,7% 12.917 7,8% 738.267 8,5% -10,3%

Other Income (Expense) (176.433) -2,6% 53.056 6,1% (13.910) -7,1% (4.455) -0,7% (1.973) -1,2% (143.714) -1,7% 32,7%

E B T 348.985 5,2% 23.706 2,7% 35.278 18,1% 212.220 32,0% 10.944 6,6% 594.553 6,9% -16,8%

E A T 153.294 2,3% (10.747) -1,2% 27.414 14,0% 185.138 27,9% 8.124 4,9% 326.657 3,8% -20,0%

Net Income 150.709 2,2% (10.747) -1,2% 27.414 14,0% 185.138 27,9% 8.124 4,9% 324.071 3,7% -20,2%

KONTRAK BARU, PENDAPATAN USAHA & LABA BERSIH

2010-2014

4.390 4.415

8.693 9.217 8.744

6.753

11.864

9.60410.854

9.220

11.143

16.279

18.297

20.071

17.964

5.6756.695

7.628

9.8008.654

189 182 212

406 324

2010 2011 2012 2013 2014

Carry Over New Contract Order Book Sales Net Income

in million IDR

UPDATE LINI BISNIS

KONSTRUKSI – EPC – PRECAST

13

PROYEK-PROYEK KONSTRUKSI

Jembatan

Mojokerto

Jetty

Halmahera Timur

Jalan Tol

Gempol Pandaan

Jalan Tol

Gempol Pasuruan

14

PROYEK-PROYEK KONSTRUKSI

Dermaga

Teluk Lamong

Wonogiri

Spillway

15

PT ADHI PERSADA GEDUNG

-sedang berjalan-

Kementerian

Pemberdayaan Perempuan

The Convergence

Indonesia

Andalan Finance

Showroom and Head Office

United Tractor

Head Office

16

18 Office Park

PT ADHI PERSADA GEDUNG

-sedang berjalan-

RS Budi Asih

Masjid Kementerian

BUMNSahira Butik Hotel

CBC Lot 12

17

PT ADHI PERSADA BETON

18

Pabrik Sadang

Luas Lahan (m²) 92,258

Kapasitas Beton (ton) 309,757,59

Pabrik Mojokerto

Luas Lahan (m²) 48,691

Kapasitas Beton (ton) 192,847,20

UPDATE LINI BISNIS

PROPERTI – REALTI – HOTEL

19

PROYEK PENGEMBANGAN PROPERTI 2014

Taman Melati

Jatinangor

Grand Taman

Melati Margonda

Grand Dhika

City Bekasi

Cempaka

Tower

20

Luas Lahan (m2) ± 1.740

Properti Apartemen

Luas Gedung (m2 gross) 20.272

Luas Area yang Dapat Dijual (m2) 14.968

Total Unit 513

Periode Pembangunan 2 tahun

Luas Lahan (m2) ± 4.645

Properti Apartemen

Luas Gedung (m2 gross) 19.459

Luas Area yang Dapat Dijual (m2) 17.849

Total Unit 758

Periode Pembangunan 2 - 3 tahun

Luas Lahan (m2) ± 6.247

Properti Apartemen

Luas Gedung (m2 gross) 32.293

Luas Area yang Dapat Dijual (m2) 27.152

Total Unit 914

Periode Pembangunan 2,5 tahun

Taman Melati

Surabaya @MERR

Taman Melati Sinduadi,

Yogyakarta

PROYEK PENGEMBANGAN PROPERTI 2014

Soho Taman Melati

Sinduadi, Yogyakarta

Luas Lahan (m2) ± 5.756

Properti Apartemen

Luas Gedung (m2 gross) 53.562

Luas Area yang Dapat Dijual (m2) 32.624

Total Unit 1.130

Periode Pembangunan 3 tahun

Luas Lahan (m2) ± 5.239

Properti Apartemen dan SOHO

Luas Gedung (m2 gross) 23.715

Luas Area yang Dapat Dijual (m2) 19.902

Total Unit 781

Periode Pengembangan 2,5 tahun

PROYEK PENGEMBANGAN PROPERTI 2015

Grand Dhika

Jatiwarna

Taman Melati Sardjito,

Yogyakarta

22

Grand Dhika

Jatiwarna

Emerald Tower

Luas Lahan (m2) ± 4.941

Properti Apartemen dan SOHO

Luas Gedung (m2 gross) 22.132

Luas Area yang Dapat Dijual (m2) 20.135

Total Unit 640

Periode Pembangunan 3 tahun

Luas Lahan (m2) ± 38.415

Properti

Mixed Use

Perkantoran, Mal, Hotel,

Ballroom, Apartemen

Luas Gedung (m2 gross) ± 130.000

Luas Area yang Dapat Dijual

(m2)± 115.000

Total Unit ± 1.700

Periode Pembangunan 5 tahun

ADHIKAPURA

Sunset Road, BaliTaman Melati Malang

@ DINOYO

GDC Lot 1

Bekasi Timur

PROYEK PENGEMBANGAN PROPERTI

- proyek-proyek mendatang -Luas Lahan (m2) ± 5.035

Properti Apartemen

Luas Gedung (m2 gross) 30.165

Luas Area yang Dapat Dijual (m2) 25.000

Total Unit 1.080

Periode Pembangunan 3 tahun

Luas Lahan (m2) ± 16,350

Properti Condotel, Vila,

Ballroom

Luas Gedung (m2 gross) 12.851

Luas Area yang Dapat Dijual (m2) 10.778

Total Unit 198

Periode Pembangunan 2 tahun

Luas Lahan (m2) ± 12.300

Properti

Mixed Use

Hotel, Mal, Service

Apartment, Apartemen

Luas Gedung (m2 gross) 51.100

Luas Area yang Dapat Dijual (m2) 37.286

Total Unit 303

Ground Breaking Agustus 2014

PROYEK PENGEMBANGAN REALTI

-sedang berjalan-

Taman Dhika Ciracas

Taman Dhika Cinere

Taman Dhika Sidoarjo 24

Luas Lahan (m²) 239,000

Nilai Investasi (Rp miliar) 341,226

Total Unit 1,265

Luas Lahan (m²) 8,409

Total Unit 35

Luas Lahan (m²) 3,908

Total Unit 27

PROYEK PENGEMBANGAN REALTI

-sedang berjalan-

Mal Cimone City Mal Mandau City

Grand Dhika

Commercial Estate

25

Luas Lahan (m²) 16,208

Total Unit60 (Ruko= 29;

Gudang= 31)

Luas Lahan (m²) 14,888

Total Luas Salable (m²) 23,234

Luas Lahan (m²) 23,565

Total Luas Salable (m²) 25,188

PROYEK PENGEMBANGAN REALTI

-proyek-proyek mendatang-

Taman Dhika

Cinere LimoTaman Dhika

Sidoarjo Kota Cluster Baru

Taman Dhika

Cibubur

Taman Dhika

Tambun

26

HOTEL GRANDHIKA

Hotel Grandhika

Blok M

Hotel Grandhika

Medan

Hotel Grandhika

Semarang

27

PT Adhi Karya (Persero) Tbk.

THANK YOU

Visit us at www.adhi.co.id

For further information please contact:

Ki Syahgolang Permata, Corporate Secretary

P. +62 21 797 5312 F. +62 21 797 5311 E. adhi@adhi.co.id

Disclaimer:

Important Notice This document was prepared solely and exclusively for the parties presently being invited for the purpose of discussion. Neither this document nor

any of its content may be reproduced, disclosed or used without the prior written consent of PT Adhi Karya (Persero) Tbk.

This document may contain statements that convey future oriented expectations which represent the Company’s present views on the probable

future events and financial plans. Such views are presented on the basis of current assumptions, are exposed to various risks and are subject to

considerable changes at any time. Presented assumptions are presumed correct, and based on the data available on the date, which this

document is assembled. The company warrants no assurance that such outlook will, in part of as a whole, eventually be materialized. Actual

results may diverge significantly from those projected. The information in this document is subject to change without notice, its accuracy is not

verified or guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the Company.

None of the Company, PT Adhi Karya (Persero) Tbk. or any person connected with any of them accepts any liability whatsoever for any loss

howsoever arising from any use of this document or its contents or otherwise arising in connection therewith.

28

http://www.adhi.co.id/mailto:adhi@adhi.co.id