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Jan
-14
Feb
-14
Mar
-14
Ap
r-1
4
May
-14
Jun-
14
Jul-
14
Au
g-1
4
Sep
-14
Oct
-14
Nov
-14
Dec
-14
Jan
-15
Feb
-15
Mar
-15
Ap
r-1
5
May
-15
Jun-
15
0
20
40
60
80
100
120
Jan-
14
Feb
-14
Ma
r-1
4
Apr
-14
May
-14
Jun-
14
Jul-
14
Aug
-14
Sep
-14
Oct
-14
Nov
-14
Dec
-14
Jan-
15
Feb
-15
Ma
r-1
5
Apr
-15
May
-15
Jun-
15
NEWC BRENTSource: World Bank Source: Bank Indonesia, Middle Rate
Source: Ministry of Energy & Mineral Resources
•
•
•
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215
287
345
402382
352
65 66 67 72 76 80
280
353
412
474 458432
2010 2011 2012 2013 2014 2015E
Export Domestic Production
0.0%
10. 0%
20. 0%
30. 0%
40. 0%
50. 0%
60. 0%
70. 0%
80. 0%
90. 0%
100. 0%
0.0
5.0
10. 0
15. 0
20. 0
25. 0
30. 0
35. 0
0.0%
10. 0%
20. 0%
30. 0%
40. 0%
50. 0%
60. 0%
70. 0%
0.0
2.0
4.0
6.0
8.0
10. 0
12. 0
14. 0
16. 0
18. 0
0.00%
10. 00%
20. 00%
30. 00%
40. 00%
50. 00%
60. 00%
70. 00%
0.0
5.0
10. 0
15. 0
20. 0
25. 0
0.0%
10. 0%
20. 0%
30. 0%
40. 0%
50. 0%
60. 0%
70. 0%
80. 0%
90. 0%
100. 0%
0.0
5.0
10. 0
15. 0
20. 0
25. 0
30. 0
Barging Floating crane
-0. 5
-0. 3
-0. 1
0.1
0.3
0.5
0.0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1.0
66
74 75 78
5 7 7 7
FY12 FY13 FY14 6M15
Barging (sets) Floating crane (units)
3.63
2.86 3.03 2.95
1.99 1.98 1.91 1.80
FY12 FY13 FY14 6M15
Barging Floating crane
6M14
US$74.7m
6M15
US$53.0m
Barging volumeMio t
Floating crane volumeMio t
Barging top 5 customers Floating crane top 5 customers
36.3%7.8%
CashUS$m
Net debtUS$m
Debt to equityx
18.0%26.4%
“MBSS has implemented a more structured system of managing working capital, through better funding mechanisms to generate a healthier and
more optimal cash position. Higher liquidity levels also provided with greater flexibility to accelerate its business development when market
conditions and the macro-economy recover”
49% of shares held by public, comprising of institutional, mutual fund and individual investors
“Most of of public shareholders are institutional investors”
52-week share performance (May’14 - Jun’15)
HighestLowestAverage
1,505715
1,036
Dividend payment
Payment date18 Jul. 201231 Jul. 201319 Jun. 201427 May 2015
Dividend distributedRp43 per shareRp50 per share
US$0.0055 per shareUS$0.00920275/share
Payout ratio30.5%24.6%25.0%80.0%
0
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Ap
r-1
1
May
-11
Jun
-11
Jul-
11
Au
g-1
1
Sep
-11
Oct
-11
Nov
-11
Dec
-11
Jan
-12
Feb
-12
Mar
-12
Ap
r-1
2
May
-12
Jun
-12
Jul-
12
Au
g-1
2
Sep
-12
Oct
-12
Nov
-12
Dec
-12
Jan
-13
Feb
-13
Mar
-13
Ap
r-1
3
Ma
y-1
3
Jun
-13
Jul-
13
Au
g-1
3
Sep
-13
Oct
-13
Nov
-13
Dec
-13
Jan
-14
Feb
-14
Mar
-14
Ap
r-1
4
Ma
y-1
4
Jun
-14
Jul-
14
Au
g-1
4
Sep
-14
Oct
-14
Nov
-14
Dec
-14
Jan
-15
Feb
-15
Mar
-15
Ap
r-1
5
May
-15
Jun
-15