1

PT Borneo Lumbung Energi & Metal Tbk (BORN)

PAPARAN PUBLIK

16 Oktober 2013
Hotel Indonesia Kempinski Jakarta
2
Disclaimer
This presentation is prepared by PT Borneo Lumbung Energi & Metal Tbk (the Company) solely for the purpose of investor presentations and unless otherwise
expressly authorized by the Company, shall not be used by any third party. The recipient of this presentation shall only use the information contained herein solely
in the context of obtaining information about the Company and/or updating such information and not for any other purposes, commercial or otherwise. This
presentation does not constitute or form part of any offer for sale or invitation, or solicitation of an offer, to subscribe for or purchase any securities and neither this
presentation nor anything contained herein shall form the basis of or be relied on in connection with any contract or commitment whatsoever. The information set
out herein is not and does not purport to be an appraisal or valuation of any of the securities, assets or businesses mentioned herein. You acknowledge that any
assessment of the Company that may be made by you will be independent of this document and that you will be solely responsible for your own assessment of
the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the
potential future performance of the business of the Company.
This presentation contains forward-looking statements that relate to future events which are, by their nature, subject to significant risks and uncertainties. All
statements, other than statements of historical facts contained in this presentation, on the Companys future financial position, strategy, plans, goals, and targets,
future developments are forward-looking statements. The future events referred to in these forward-looking statements involve known and unknown risks,
uncertainties and other factors, many of which are beyond our control, which may cause the actual results to be materially different from those expressed or
implied by the forward-looking statements. These forward-looking statements are based on numerous assumptions regarding our present and future business
strategies and the environment in which we operate and are not a guarantee of future performance. Any reference to past performance should not be taken as an
indication of future performance. The Company makes no representation, warranty or prediction that the results anticipated by such forward-looking statements
will be achieved, and such forward-looking statements represent, in each case, only one of many possible scenarios and should not be viewed as the most likely
or standard scenario, nor any liability therefore (including direct, indirect or consequential loss or damage).
You agree to keep the contents of this presentation strictly confidential. This presentation material is highly confidential, is being presented solely for your
information and may not be copied, reproduced or redistributed to any other person in any manner. In particular, this presentation may not be taken or transmitted
into the United States, Canada, Indonesia or Japan or distributed, directly or indirectly, in the United States, Canada, Indonesia or Japan. The Company does not
intend to register any of its securities for offer or sale in the United States, or to conduct a public offering of securities in the United States.
Certain data in this presentation was obtained from various external data sources, and the Company has not verified such data with independent sources.
Accordingly, the Company makes no representations as to the accuracy or completeness of that data, and such data involves risks and uncertainties and is
subject to change based on various factors.
The information contained in this document is as of 30 September 2013. Neither the delivery of this document nor any further discussions of the Company with
any of the recipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since that date.
By attending the meeting where this presentation is made, or by reading these presentation slides, you agree to be bound by the foregoing limitations.
3
Pembaruan BORN
4
BORN
BORN adalah perusahaan induk, berkecimpung
dalam usaha pertambangan coking coal melalui
anak perusahaannya yaitu PT Asmin Koalindo
Tuhup (AKT)
AKT merupakan pemegang PKP2B generasi
ketiga yang memiliki hak-hak dan/atau kondisi-
kondisi khusus yang menguntungkan.
PT Borneo Mining Services (BMS) memiliki
peralatan pertambangan yang disewakan kepada
AKT
BORN terdaftar di Bursa Efek Indonesia pada 26
November 2010
Menghasilkan lebih dari 12 juta ton hard coking
coal sejak tahun 2009 sampai dengan Juni 2013
Berhasil mengakuisisi 23,8% kepemilikan saham
di BUMI Plc pada 20 Januari 2012
(1)
Notes:
1 23.8% saham dipegang secara tidak langsung oleh dua usaha patungan dengan Bakrie Group
Dari sebuah konsesi greenfield di tahun 2008, BORN mengembangkan AKT
menjadi produsen coking coal terbesar dan terpenting di Indonesia
Struktur Perseroan saat ini

PT Republik Energi & Metal

PT Borneo Lumbung Energi & Metal TBK
PT ASMIN
KOALINDO
TUHUP
(PKP2B)
PT BORNEO
MINING
SERVICES
39%
99.9% 99.9%

Masyarakat

61%
BUMI Plc
23.8%
5
Peningkatan Sumber Daya dan Cadangan
Potensi Sumber Daya dan Cadangan yang masih tinggi.
Peningkatan sumber daya
dan cadangan di kedua
blok, yakni Blok Kohong
dan Blok Telakon
Sertifikasi JORC; total
sumber daya 317,8 juta
dan total cadangan 167,8
juta, masih dapat
mencukupi untuk produksi
sampai 33 tahun ke
depan, dengan asumsi
kapasitas poduksi 2012 di
level 5 juta ton per tahun
Masa berlaku PKP2B
hingga tahun 2039.
Cadangan JORC per Maret 2013
(mt) Proved Probable Total
Kohong 53,0 84,0 137,0
Telakon 4,0 26,8 30,8
Total 57,0 110,8 167,8
Sumber Daya JORC per Oktober 2012
(mt) Measured Indicated Inferred Total
Kohong 77,9 70,4 81,8 230,1
Telakon 4,7 30,8 52,2 87,7
Total 82,6 101,2 134,0 317,8
6
Ringkasan Posisi Keuangan
Dalam Jutaan Dolar AS 2009 2010 2011 2012
Aset Lancar 32 348 970 753
Aset Tidak Lancar 451 587 719 1.309
Total Aset 483 934 1.688 2.062
Total Pinjaman Pihak Ketiga 329 32 410 1.319
Total Liabilitas 477 215 759 1.709
Total Ekuitas 6 719 929 353
Penjualan Bersih 22 303 693 646
EBITDA 9 147 360 221
Laba Usaha 6 103 289 132
Laba/(Rugi) Bersih -11 39 210 (570)
Pinjaman Bersih terhadap Ekuitas 54,8X 0,04X 0,06X 4,84X
EBITDA terhadap Pinjaman Bersih 0,02X 4,62X 5,81X 0,17X
Marjin EBITDA 41% 48% 52% 34%
Marjin laba usaha 27% 34% 42% 20%
Marjin laba bersih - 12,5% 30,7% N/A
NERACA
LABA RUGI
RASIO
7
Notes:
1 EBITDA dihitung dari laba operasi sebelum depresiasi dan amortisasi
US$000
Produksi (FYE Dec)
US$000
EBITDA (FYE Dec)
(1)
Laba Bersih (FYE Dec)
000 tonnes
US$000
% marjin
% marjin
Kinerja Operasional dan Keuangan
US$ Million
BORN mencapai tingkat produksi, pendapatan dan hasil usaha di industrinya
22.0
303.0
693.0
646.0
0.0
100.0
200.0
300.0
400.0
500.0
600.0
700.0
800.0
2009 2010 2011 2012
Pendapatan (FYE Dec)
8
Langkah selanjutnya
9

PT Republik Energi & Metal

PT Borneo Lumbung Energi & Metal TBK
PT ASMIN
KOALINDO
TUHUP
(PKP2B)
PT BORNEO
MINING
SERVICES
39%
99.9% 99.9%

Masyarakat

61%
BUMI Plc
BORNEO BUMI BUMI BORNEO

Bakrie Group

51%
49%
51% 49%

Lainnya

Berau

BUMI Resources Minerals

BUMI Resources

87%
29.2%
84.7%

Pemisahan Bakrie Group (dan
BORN) di Bumi Plc

Divestasi strategis saham AKT
(sampai dengan 20 %)

23,8% di Bumi Plc
47.6%
42.4%
10
TANYA JAWAB
11
TERIMA KASIH