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Corporate UpdateFebruary 2018
PT Media Nusantara Citra Tbk.
Listed and traded on the Indonesia Stock Exchange
STOCK CODE: BMTR
MNCN
MSKY
Disclaimer
2
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In addition, the information contained in this presentation contains projections and forward-looking statements that reflect thecompany's current views with respect to future events and financial performance. These views are based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the company and its directors.No assurance can be given that future events will occur, that projections will be achieved, or that the company's assumptions are correct. Actual results may differ materially from those forecast and projected.
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Corporate StructureSection 1
RADIO
SUPPORTINGFREE-TO-AIR TV CONTENT
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PAY-TV CHANNELSCONTENT LIBRARYTALENT / EVENTMANAGEMENT
Content library containsmore than 300,000 hoursand increasing by morethan 15,000 - 20,000hours per year
PRODUCTION
Studio based by 4 FTA
ENTERTAINMENT
NEWS & SPORTS
The Largest Fully Integrated Media Company in Southeast Asia
Entertainment FTA focusing on family audience
Largest news TV and
programs (providing news
programs to the Group’s 3
entertainment FTA)
The Largest Content Producer
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CONTENT
• 80% of our contents are local with more than 90% produced in-house
• Gradually reducing foreign content, due to low margin and high cost
• Targeting to increase local content to approximately 100% in 2018, which will lead to a decrease in programming
cost and higher EBITDA Margin
PRODUCTIONCONTENT LIBRARY Pay TV Channel
Drama, Talent Search, Animation, Sitcom, Movie
The Largest and Leading Audience Share
Content is the only way to capture audience share
and monetize advertising dollars
Indonesians love dramas and we broadcast many of
the top drama series
We have licensed popular International programs
such as Master Chef, Indonesian Idol and X Factor
More than 300,000 hours of content library and
increasing by more than 15,000 – 20,000 hours
annually
We also have 20 MNC branded Pay TV Channels.
These channels are integral to our content strategy
Creating the best content is our top priority
“Content is where I expect much of the real money will be made on the Internet, just as it was in broadcasting.
The television revolution that began half a century ago spawned a number of industries, including the manufacturing of TV sets, but the
long-term winners were those who used the medium to deliver information and entertainment.”
“Content is King” by Bill Gates in 1996
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Source: Nielsen Prime-Time All Demographic 5+ Audience Share
Dec-17
Share
1 RCTI ABC 21.7
2 SCTV ABCD 16.2
3 ANTV ABC 14.3
4 IVM ABCD 12.7
5 MNCTV ABCD 9.8
6 TRANS7 ABC 6.2
7 GTV ABC 5.7
8 TVONE ABC 5.0
9 TRANS ABC 4.8
10 METRO AB 1.7
11 INEWS ABC 1.1
Rank StationTarget
Audience
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The Best Talent Search Format Lineup
Pioneering the international scale talent search programs in Indonesia, such as
Indonesian Idol - 8th season and running,
X-Factor Indonesia - 2nd season and running,
Rising Star Indonesia - The 1st Season with interactive talent search programs
MasterChef Indonesia - 3rd season and running
The Voice Indonesia – Aired February 2016Our talent search programs are 3x more profitable than competing “In-house” dangdut singing competition
MNCN Dominates Top 20 Program as of 2017
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• New comedy drama series produced by MNC Pictures “Dunia Terbalik” performed very
strong topping the program charts.
• 5 out of the Top 10 drama series for 2017 belongs to MNC
Source: Nielsen, ALL DEMO, 5+
NO PROGRAMS CHANNEL TYPE TVR SHARE
1 ANUGERAH CINTA RCTI Series 5.8 27.4
2 DUNIA TERBALIK RCTI Series 5.0 22.1
3 TUKANG BUBUR NAIK HAJI THE SER RCTI Series 4.9 19.7
4 ANAK JALANAN RCTI Series 4.9 23.0
5 SIAPA TAKUT JATUH CINTA SCTV Series 4.3 19.0
6 ORANG-ORANG KAMPUNG DUKU SCTV Series 3.9 15.9
7 ANAK LANGIT SCTV Series 3.8 16.1
8 JODOH ANTV Series 3.7 16.5
9 BOY SCTV Series 3.6 14.9
10 CAHAYA HATI(A01) RCTI Series 3.5 15.5
11 BUAYA PUTIH RCTI Series 3.2 12.3
12 PESANTREN & ROCK'N ROLL 4 SCTV Series 3.2 21.2
13 BERKAH CINTA SCTV Series 3.1 17.4
14 TOP TUKANG OJEK PENGKOLAN RCTI Series 3.1 15.7
15 AMANAH WALI RCTI Series 3.0 21.0
16 GOPI ANTV Series 2.9 19.0
17 SELEB DRAMA ANTV Series 2.9 21.3
18 GEET ANTV Series 2.8 15.8
19 JODOH PENGANTAR JENAZAH ANTV Series 2.8 17.0
20 WARTEG DKI(R) ANTV Series 2.8 12.2
All Contents Are Produced Using State-of-the Art
Broadcasting Facilities
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MNC TV RCTI GTV
Entertainment Based Infrastructure Integrated News Center
INEWS
Revenue StreamsSection 2
TV Advertising Revenue
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Build-In AdvertisingTraditional TVC
Advertising Revenue Stream
Traditional TVC Commercial (15”
and 30” ) during commercial
break
Virtual ads
Built-in sponsorship and off air
eventsVirtual Advertising on Drama Series (TOP) Virtual Advertising on Variety Shows
(Dashyat)
Digital Mobile/ Online Advertising Revenue
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Content Revenue
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Pay TV
OTTProduced for
All the local content is sourced from the Group/s content library and
produced in house
Library is monetized by selling to FTA, Pay-TV, and OTT in both Indonesia
and Overseas
Revenue is generated from advertising and subscription
We are planning to supply 8 additional channel to Malaysia in Q2-2018
Indonesia and overseas
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Content Revenue (Including Digital Content)
Content business is growing, content revenue is derived not only from FTA, but also
from digital platforms in Indonesia and overseas
More than 300.000 hours of content library to sell
Financial UpdatesSection 4
MNCN FS 9M-2017 VS 9M-2016MNCN Recorded Rp2.3 Trillion EBITDA in 9M-2017
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Financial Performance from FY2013 until FY2016 (Audited)
Source: Company Financials
FY2013 to FY2016 Financials
FY2013 to FY2016 Solvency Metrics
IDR trillion
6,52
2,72
9,62
7,746,67
2,78
13,61
9,40
6,44
2,40
14,47
9,57
6,73
2,62
14,26
9,57
Revenue EBITDA Assets Equity
2013
2014
2015
2016
24%
66x
42%45% 48x
42%
51%
12x
37%
51%
14x
39%
Debt/Equity EBITDA/Interest EBITDA Margin
2013
2014
2015
2016
18
Strong Revenue Growth with Increasing EBITDA Margins
Room For Further Margins Improvement
Source : Company information
EBITDA margins (FY2011A – 9M/FY2017A; FY2020E)
33%
38%
42%
37% 38%40% 39%
43% 44%
2011A 2012A 2013A 2014A 2015A 2016A 9M-2016 9M-2017 2021E
2011A 2012A 2013A 2014A 2015A 2016A 9M-2016 9M-2017 2021E
Thank You
For further information, please contact Investor Relations Division:
Tallytha [email protected]
Christy Kusuma [email protected]
PT Global Mediacom TbkMNC Tower 29th Floor
Jl Kebon Sirih No.17-19Jakarta 10340, Indonesia
Tel: 62-21 3913338Fax: 62-21 3910454
Website: www.mncgroup.com
