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Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel

Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

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Page 1: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

Half Year 2015 Analyst Meeting

Suphajee SuthumpunChief Executive Officer

17th August 2015Chadra Room, Siam Kempinski Hotel

Page 2: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

Agenda

• Key Highlights

• Financial Highlights

• Moving Forward

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Page 3: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

Key Highlights

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Page 4: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

Broadband business highlights• Malaysia’s Measat took up the rest of bandwidth capacity• Australia’s NBN sent notification to extend its contract for another 1 year

1H15 Key Achievements

1H15 Record high performance of THAICOM and LTC • Consolidated Net Profit grew 24% YoY to 1,112 MB • LTC Net Profit significantly grew 84% YoY to 124 MB

Conventional business highlights• Thailand’s IPM is now on board on THAICOM 5• Number of satellite TV channels increased from 702 to 766 channels (112 HD)• 100% committed bandwidth utilization on THAICOM 7 • THAICOM 8 is 13% pre-launch sold

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End-to-End services• Japan’s SBM expanded Maritime services on additional 4 ferries • Completed installation of Thailand’s NokAir 3rd aircraft• Thaicom expanded 2nd Screen services for Thailand’s Kantana and Intouch

Page 5: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

2Q15 Net Profit continued to grow

Consolidated Results Unit: MB

5

* *

498540

572

2Q14 1Q15 2Q15

+ 6% QoQ

+ 15% YoY

Page 6: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

Collaboration for the Future

Lao Telecom

• Supporting LTC in an extension of telecommunication concession for 25 years (2022-2046)

• Possibility for LTC to be IPO in the future• LTC’s Market share # 1 (49.52%) with

1.84 million subscribers

Ministry of Defense

• Collaborating with Ministry Of Defense to support government’s capability and human resource in Satellite Communications

• Possibility in co-development of communication satellite project between Ministry of Defense and Thaicom

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Page 7: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

Collaboration for the Future

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• MOU Signing Ceremony with Ministry of Defense on 17 August 2015

Page 8: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

Sustainable Development

“Best CEO Award”for Listed Companies 2014

by Investment Analysts Association (IAA)

“ESG 100 Award”2014

by Thaipat Institute

“Excellence Awards”Corporate Social Responsibility

from Via Satellite, USA

A- with Stable Outlook

A-“Nepal Earthquake”

Satellite Network to Support Disaster Recovery Mission

“CAC’s Company Against Corruption”by Thai Institute of Directors Association

(IOD)

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Page 9: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

2014Rank Company Location 2014 Revenue 2013 Revenue Satellite

in OrbitSatellite on Order

2013 Rank

Revenue 2013-2014

1 Intelsat Luxembourg/United States $2.47 billion $2.64 billion 55 7 12 SES Luxembourg $2.33 billion $2.56 billion 53 7 23 Eutelsat France $1.65 billion $1.79 billion 34 7 34 Telesat Canada $793.7 million $838.6 million 10 1 45 Sky Perfect Jsat Japan $446.2 million $594.9 million 16 3 56 Arabsat Saudi Arabia $350 million $341 million 6 3 67 Yahsat United Arab Emirates $285 million < $50 million 2 1 New Entry8 Thaicom Thailand $267 million $267 million 4 1 109 China Satcom China $260 million $230 million 10 2 11

10 Hispasat Spain $246.6 million $277.3 million 7 3 911 Russian Satellite

Communications Co. Russia $230 million $176.8 million 12 2 14

12 Singtel Optus Australia $204 million $281 million 5 0 813 Star One Brazil $200 million $250 million 7 2 714 Nilesat Egypt $192 million $180.9 million 2 0 1315 Antrix/Indian Space

Research Organisation India $185 million $170 million 9 4 15

Thaicom is now no. 8 in the world

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Page 10: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

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Financial Highlights

Page 11: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

5,812

2,379

1,276

2,508

897

6,012

2,396

1,305

2,690

1,112

Sales and Service Gross Profit EBIT EBITDA Net profit Attributableto Thaicom

1H14 1H15

1H15 Top and Bottom lines continuously grewConsolidated Key Financial Highlights Unit: MB

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+ 24%

+ 3%Consolidated revenues grew 3% YoY, due mainly to an increase in sales of THAICOM 7; however, it was offset by lower sales of Internet & Media.

Net Profit Attributable to THAICOM significantly grew 24% YoY, boosted mainly by Satellite and Telephone businesses.

Page 12: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

4,261 4,469

1H14 1H15

2,229 2,377

52%53%

35%

40%

45%

50%

55%

1,000

1,500

2,000

2,500

3,000

3,500

1H14 1H15

Satellite Revenues Satellite EBITDA

Conventional revenues driven by THAICOM 7 Satellite EBITDA increased 7% YoY

Satellite Revenues up 5% YoY

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49%

51%

46%

54%

5%

7%

1H15: Maintain Positive Momentum on Satellite Revenues and EBITDA Growth

Satellite EBITDA Margin slightly up

Conventional

Broadband

Unit: MB Unit: MB

Page 13: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

Asset, 27,141

Cash, 3,616

Interest bearing

debt, 10,602

Liabilities, 3,886

Equity, 17,317

D/E Ratio at 0.61x 1

1H15

Financial Position remains Healthy

Unit: MB

* Restated

Unit: MB

1. Interest-bearing Debt / Equity2. Excludes Cash and BE3. Excludes Interest-Bearing Debt

Strong cash from operation

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2

3

Consolidated CF 1H15 1H14*

CF from Operating 2,709 2,549

CF from Investing (299) (2,844)

CF from Financing (1,563) 570

Ending Cash 3,616 2,552

BE,1,048

Page 14: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

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Moving Forward

Page 15: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

Profitable Growth Framework

• Broadcast• Higher Definition

• Broadband• Telco Complement• Open Access

Platform

Core Services• Mobility platforms

• IFEC, Maritime

• Broadcast & Broadband Convergence

• Multiscreen, 2nd Screen

New Services• Selective investments in

Fleet Expansion• 119.5E• 50.5E• Strategic

Cooperation

Fleet Expansion

Growth Opportunities

Profit Maximization

• Increase value added services• Leverage infrastructure and expertise• Focus on intelligent investment

Operation and Investment • 50% pre-commitment• Hosted payload

Fleet Expansion

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Page 16: Half Year 2015 Analyst Meeting - thaicom.net · Half Year 2015 Analyst Meeting Suphajee Suthumpun Chief Executive Officer 17 th August 2015 Chadra Room, Siam Kempinski Hotel. Agenda

Thank You

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