PT Dian Swastatika Sentosa Tbk - Friday, May 28, 2021 PUBLIC EXPOSE - MAY 28, 2021
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PT Dian Swastatika Sentosa Tbk
Friday, May 28, 2021
PUBLIC EXPOSE – MAY 28, 2021
Agenda
1 Company Overview
2 Operational Review FY‐2020
3 Consolidated Financial Review FY‐2020
4 Corporate Governance, Corporate Social Responsibility, and Awards
5 Economic Outlook, Business Opportunities, and Strategies
PUBLIC EXPOSE – MAY 28, 2021
COMPANY
1 OVERVIEW
PUBLIC EXPOSE – MAY 28, 2021
BUSINESS FIELD
Electricity Coal
Steam Gold
POWER MINING
GENERATION
FERTILIZER AND TECHNOLOGY
CHEMICAL
TRADING
Fertilizer
Chemical Pay TV
Pesticide Internet Services
PUBLIC EXPOSE – MAY 28, 2021
Company Structure
as of December 31, 2020
PT Dian Swastatika Sentosa Tbk
(DSSA)
GEAR BKES Group DSSE Group EMAS DSSM Group RKN Group DSSI Group
(53 entities) (2 entities) (30 entities) (1 entity) (12 entities) (2 entities) (7 entities)
Mining Group Energy Group
GEAR: Golden Energy and Resources Limited DSSE: PT DSSE Energi Mas Utama
BKES: PT Bumi Kencana Eka Sejahtera EMAS: PT Energi Mas Anugerah Semesta
Technology Group Fertilizer and Chemical Trading Group Others
DSSM: PT DSSA Mas Sejahtera RKN: PT Rolimex Kimia Nusamas DSSI: PT DSSA Mas Infrastruktur
Number of subsidiaries under DSSA Group: 107 entities
PUBLIC EXPOSE – MAY 28, 2021
NUMBER OF EMPLOYEES
Group's Employee Company's Employee
2525
1843
621 595
FY‐2019 FY‐2020
PUBLIC EXPOSE – MAY 28, 2021
OPERATIONAL REVIEW
2 FY‐2020
PUBLIC EXPOSE – MAY 28, 2021
MINING
PUBLIC EXPOSE – MAY 28, 2021
MAIN SITE LOCATIONS
BLOK KIM TKS
JAMBI CENTRAL KALIMANTAN
Thermal Coal Reserves
as of Desember 31, 2020
BIB 1177 million tons
SOUTH KALIMANTAN
BLOK BSL Calorific Value
SOUTH SUMATRA
2668 – 6600 Kcal/kg (ar)
BLOK WRL
SOUTH SUMATRA
STANMORE
AUSTRALIA
BLOK ASL
SOUTH SUMATRA
RAVENSWOOD
AUSTRALIA
BLOK SKS & PMS
CENTRAL KALIMANTAN
PUBLIC EXPOSE – MAY 28, 2021
COAL PRODUCTION AND SALES
FY‐2019 FY‐2020 Changes FY‐2019
Production Volume 32.2 million tons 36.6 million tons +13.7% Export Domestic
Sales Volume 31.1 million tons 35.2 million tons +13.2%
Revenue USD 1,104.5 million USD 1,143.2 million +3.5%
66% 34%
FY‐2020
Export Domestic
61% 39%
PUBLIC EXPOSE – MAY 28, 2021POWER GENERATION
PUBLIC EXPOSE – MAY 28, 2021POWER PLANT LOCATIONS
Total Capacity
300 MW
CAPTIVE POWER PLANT CAPTIVE POWER PLANT
SERANG KARAWANG‐1
CAPTIVE POWER PLANT CAPTIVE POWER PLANT On December 23, 2020, the Company
TANGERANG KARAWANG‐2
established a strategic partnership
with Datang Overseas (Hong Kong)
Energy Investment Co., Limited
through the divestment of 75% shares
of PT DSSP Power Mas Utama.
PUBLIC EXPOSE – MAY 28, 2021CAPTIVE POWER PLANTS
Electricity Capacity : 300 MW
Steam Capacity : 1336 tons/hour
OFFTAKE REVENUE
(in million USD)
Electricity Steam
1,466,124 13,935,457 14,174,792
1,331,237
+10.1% MWh GJ +1.7% GJ
MWh 48.5 +1.4% 49.2
FY‐2019 FY‐2020 FY‐2019 FY‐2020 FY‐2019 FY‐2020
PUBLIC EXPOSE – MAY 28, 2021FERTILIZER AND CHEMICAL TRADING
PUBLIC EXPOSE – MAY 28, 2021SALES VOLUME
FY‐2019 FY‐2020 Changes
Fertilizer 503,435 tons 181,421 tons ‐64.0%
Chemical 80,613 tons 94,509 tons +17.2%
Pesticide 4,223 kilolitres 5,537 kilolitres +31.1%
Revenue USD 214.4 million USD 96.3 million ‐55.1%
PUBLIC EXPOSE – MAY 28, 2021TECHNOLOGY
PUBLIC EXPOSE – MAY 28, 2021MULTIMEDIA SERVICE AREAS
MEDAN
Our multimedia services are
available in 12 major cities in
Java, Sumatra, and Bali
187,269 subscribers
PALEMBANG
918,838 home‐passes
JABODETABEK
BALI
BANDUNG
SURABAYA,
SEMARANG
MALANG
PUBLIC EXPOSE – MAY 28, 2021PAY TV AND INTERNET SERVICE SALES
FY‐2019 FY‐2020 Changes
Subscribers 154,101 187,269 +21.5%
Home‐passes 777,126 918,838 +18.2%
Revenue USD 42.2 million USD 44.9 million +6.5%
PUBLIC EXPOSE – MAY 28, 2021CONSOLIDATED FINANCIAL
3 REVIEW FY‐2020
PUBLIC EXPOSE – MAY 28, 2021REVENUES
(in million USD)
1,768.8
1,666.4
1,507.3
1,321.7
712.1
FY‐2016 FY‐2017 FY‐2018 FY‐2019 FY‐2020
PUBLIC EXPOSE – MAY 28, 2021REVENUE DISTRIBUTION BASED ON BUSINESS SEGMENTS
FY‐2019 FY‐2020
66.3% 75.8% Mining
18.2%
Power Generation
14.7%
Fertilizer & Chemical
12.9% Trading
6.4% Technology
2.5% 3.0%
Others
0.1% 0.1%
PUBLIC EXPOSE – MAY 28, 2021CONSOLIDATED FINANCIAL REVIEW
FY‐2019 FY‐2020 Changes
(in million USD) (in million USD)
Gross Profit 580.4 527.9 ‐9.0%
Operating Profit 237.9 173.6 ‐27.0%
EBITDA 284.2 241.0 ‐15.2%
Profit for the Year 71.7 ‐57.9 ‐180.8%
FY‐2019 FY‐2020 Changes
(in million USD) (in million USD)
Current Assets 865.3 1,124.9 +30.0%
Non‐Current Assets 2,853.7 1,775.3 ‐37.8%
Total Assets 3,719.0 2,900.2 ‐22.0%
Current Liabilities 667.4 724.5 +8.6%
Non‐Current Liabilities 1,413.5 586.8 ‐58.5%
Total Liabilities 2,080.9 1,311.3 ‐37.0%
Total Equity 1,638.1 1,588.9 ‐3.0%
PUBLIC EXPOSE – MAY 28, 2021FINANCIAL RATIOS
FY‐2019 FY‐2020
Current Ratio 129.7% 155.3%
Liabilities‐to‐Equity Ratio 127.0% 82.5%
Liabilities‐to‐Assets Ratio 56.0% 45.2%
Return on Assets 1.9% ‐2.0%
Return on Equity 4.4% ‐3.6%
Gross Profit Margin 34.8% 35.0%
PUBLIC EXPOSE – MAY 28, 2021CORPORATE GOVERNANCE,
4 CORPORATE SOCIAL RESPONSIBILITY,
AND AWARDS
PUBLIC EXPOSE – MAY 28, 2021CORPORATE GOVERNANCE
• In 2020, the Company had conducted the following meetings:
No. of Meetings
Annual General Meeting of Shareholders 1
Extraordinary General Meeting of Shareholders 1
Meetings of the Board of Commissioners 6
Meetings of the Board of Directors 13
Meetings of the Audit Committee 7
Meetings of the Nomination Committee 3
Meetings of the Remuneration Committee 3
Joint Meetings 4
• On June 29, 2020, the Company held the Annual General Meeting of Shareholders of which one of the
agenda was to change the composition of the members of the Board of Directors and the Company also
held the Extraordinary General Meeting of Shareholders 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.
PUBLIC EXPOSE – MAY 28, 2021CORPORATE GOVERNANCE
The Company has taken the initiative to invite the Indonesian Institute for Corporate Directorship
(IICD) to act as an independent party in conducting the assessment of the Company’s
implementation of corporate governance.
Weighted Score
No. Criteria Weight
2020 2019 2018
1 Shareholders rights 10% 9.50 8.50 7.5
2 Equal treatment of shareholders 10% 9.29 7.86 8.4
3 Role of stakeholders 15% 13.85 11.54 11.6
4 Disclosure and transparency 25% 22.66 20.97 17.8
Responsibility of the Board of
5 40% 33.23 31.57 25.2
Commissioners
6 Bonus 4 4 2
7 Penalty 0 ‐4 ‐6
Total 100% 92.52 80.44 66.5
Minimum
Predicate Very Good Good
Requirement
PUBLIC EXPOSE – MAY 28, 2021BOARDS OF THE COMPANY
BOARD OF COMMISSIONERS
Pre‐AGM Post‐AGM
President Commissioner Franky Oesman Widjaja Franky Oesman Widjaja
Vice President Commissioner Indra Widjaja Indra Widjaja
Independent Commissioner Evita Herawati Legowo Evita Herawati Legowo
Independent Commissioner Robert A. Simanjuntak Robert A. Simanjuntak
Independent Commissioner Andy N. Sommeng Andy N. Sommeng
BOARD OF DIRECTORS
Pre‐AGM Post‐AGM
President Director L. Krisnan Cahya L. Krisnan Cahya
Vice President Director ‐ Lokita Prasetya
Director Lokita Prasetya Handhianto S. Kentjono
Director Hermawan Tarjono Hermawan Tarjono
Director Andrijanto Daniel Cahya
Director ‐ Alex Sutanto
PUBLIC EXPOSE – MAY 28, 2021COMMITTEES OF THE COMPANY
AUDIT COMMITTEE
Pre‐AGM Post‐AGM
Chairman Robert A. Simanjuntak Robert A. Simanjuntak
Member Carel Risakotta Carel Risakotta
Member Asep Karsidi Asep Karsidi
NOMINATION AND REMUNERATION COMMITTEE
Pre‐AGM Post‐AGM
Chairwoman Evita Herawati Legowo Evita Herawati Legowo
Member Franky Oesman Widjaja Franky Oesman Widjaja
Member Susi Susantijo Susi Susantijo
PUBLIC EXPOSE – MAY 28, 2021CORPORATE SOCIAL RESPONSIBILITY
Mass medical treatment program for toddlers and Inauguration of the floating reading park “Panre
elderly in three villages in Bayung Lencir District, Dilao” in Wawatu Village, North Moramo District,
South Sumatra South Konawe Regency, Southeast Sulawesi
January February
PUBLIC EXPOSE – MAY 28, 2021CORPORATE SOCIAL RESPONSIBILITY
Personal protective equipment distribution to the Provision of Al‐Qur’ans and prayer mats
Covid‐19 Handling Task Force in Bayung Lencir District, to Ar‐Rahman Mosque, Wawatu Village,
South Sumatra Southeast Sulawesi
April May
PUBLIC EXPOSE – MAY 28, 2021CORPORATE SOCIAL RESPONSIBILITY
DSSP Power Green Project, a project for planting 250 Distribution of sacrifice animals – cows and goats – to
tree seedlings conducted by the employees of PT DSSP five villages in Bayung Lencir District,
Power Kendari South Sumatra
June July
PUBLIC EXPOSE – MAY 28, 2021CORPORATE SOCIAL RESPONSIBILITY
Distribution of basic foods in Dusun l, ll, lll and IV in Distribution of bricks and paving blocks to village
Wawatu Village and Tanjung Tiram Village, office, police headquarters, boarding school, and
North Moramo District, Sulawesi Tenggara elementary school in Bayung Lencir, South Sumatra
October November ‐ December
PUBLIC EXPOSE – MAY 28, 2021AWARDS
TOP CSR AWARD 2020 TOP LEADER on
#Star 4 CSR COMMITMENT 2020
PUBLIC EXPOSE – MAY 28, 2021ECONOMIC OUTLOOK,
5 BUSINESS OPPORTUNITIES,
AND STRATEGIES
PUBLIC EXPOSE – MAY 28, 2021ECONOMIC OUTLOOK
GLOBAL ECONOMY
• With the implementation of Covid‐19 vaccinations as well as reduced lockdown restrictions in
a number of countries in the world, the global economic recovery that has started since the
end of 2020 is expected to continue throughout 2021.
• IMF projects that the global economy will grow by 6.0% in 2021.
NATIONAL ECONOMY
• Implementation of Covid‐19 vaccinations, fiscal policy arrangements, provision of social aids by
the government, as well as the enactment of Omnibus Law, are expected to stimulate the
national economic recovery.
• IMF projects that Indonesia’s economy will grow by 4.3% in 2021.
• Bank Indonesia estimates that the national inflation rate for 2021 will be in the 3.0%±1%
range.
PUBLIC EXPOSE – MAY 28, 2021DIRECTION OF THE BUSINESS STRATEGY
75 8%
FY‐2020 Future
Exploration of new business
14.7% opportunities, including the
renewable energy sector
6.4%
Development of the
technology business
3.0%
0.1%
Mining
Power Generation
Fertilizer and Chemical Trading
Technology
Others
PUBLIC EXPOSE – MAY 28, 2021POWER GENERATION BUSINESS
OPPORTUNITIES AND STRATEGIES
Indonesia Energy Mix
100%
11.20%
23%
Up to 2050, it is estimated
31% that coal will still hold a
80% 19.16%
22% significant percentage in the
60%
31.60% 24% national energy mix.
40% 25%
20%
The contribution of
20% 38.04% renewables in the national
30% 25%
0% energy mix will grow
2020 2025 2050 continuously.
Coal Oil Gas Renewables
Source: Dewan Energi Nasional RI (April 2021) and
Lampiran I Peraturan Presiden RI No. 22 Tahun 2017
The Company strives to grow its business portfolio through the diversification of its business risks in the field of
power generation, among others, by exploring new business opportunities which may provide added value to the
Company, including the renewable energy business sector.
PUBLIC EXPOSE – MAY 28, 2021MINING BUSINESS
OPPORTUNITIES AND STRATEGIES
Thermal Coal Imports
(in million tons) The Company through its
1200 1109 subsidiaries continuously
1013 strengthens its thermal coal
1000 markets, both to domestic and
834 822
800 international markets such as
China, India, and other markets in
600 Southeast Asia.
400
The Company through its
200
subsidiaries has expanded its
0 mining business into metallurgical
2019 2020 2025 2030 coal mining and gold mining
China India Japan businesses.
Korea Taiwan Southeast Asia*
*Malaysia, the Philippines,
Other Asia Total Vietnam, Thailand
Source: Hellenic Shipping News (November 2020)
PUBLIC EXPOSE – MAY 28, 2021TECHNOLOGY BUSINESS
OPPORTUNITIES AND STRATEGIES
National Growth of Internet Users
(in millions of people)
300
250
200
150
100
50
0
2017 2018 2019 2020 2021* 2022* 2023* 2024*
Population1)2) Number of Internet Users 2) Number of E‐Commerce Users 2)
*estimated
Source: 1) Badan Pusat Statistik
2) Statista
The Covid‐19 pandemic has altered people’s lifestyle towards a more digitalized lifestyle. The Company seeks to
take advantage from this opportunity by continuously expanding its service area, improving its service quality, as
well as offering products that suit the market needs at competitive prices.
PUBLIC EXPOSE – MAY 28, 2021THANK YOU
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