CORPORATE UPDATE

PT MNC Investama Tbk

October 2019

Listed & traded on the Indonesia Stock Exchange (IDX)

IDX Ticker Code: BHIT www.mncgroup.com
Disclaimer

This material has been prepared by PT MNC Investama Tbk (the "Company") and is only for internal usage. By attending this presentation,
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The information and opinions contained in this presentation have not been independently verified, and no representation or warranty,
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complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects, properties or results
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2
1. Corporate Overview
2. Media
3. Financial Services
4. Lifestyle Property, Hospitality
& Entertainment
MNC Investama Key Investment Highlights

☑ Indonesia has a strong economic growth with GDP over $1trillion and rising middle class.
☑ The three businesses (Media, Financial Services and Lifestyle Property) are positively correlated with
Indonesia’s large growing population with a majority of young people.
☑ Benefiting from the Group’s integrated Media position being the largest in South East Asia in FTA
television, content, social media and news portal.

MNC Financial
MNC Media MNC Land
Services
Content & Advertising Based Media
☑ Four National Free To Air TV with the largest audience share of
☑ Integrated financial ☑ Huge landbank in strategic
services group with location to be developed as
40% and ad-spend share of 45%. Launched its streaming (OTT)
full licenses from lifestyle property, hospitality and
service called RCTI+.
banking, consumer entertainment in Lido.
☑ Strong growth in digital advertising revenue and Non Time
Consuming Ads (NTC Ads).
finance, leasing, life ☑ Owning a few hotels, including
and general Westin Resort Bali, and close to
☑ The Largest Library with more than 300K hours, with the largest
insurance, securities,
content production of 23K hours yearly, supported by state-of- 400,000sqm GFA office space.
the-art studio technology & facilities.
asset management ☑ Currently developing iconic
and fintech. projects, including:
☑ The Largest Talent Management with close to 400 talents under
management. • Park Hyatt Jakarta.
☑ Granted MCN (Multi Channel Network) license by YouTube and
☑ Strong synergies • Trump International Resorts
within MNC Group in Lido and Bali.
generating the largest number of views with more than 2.5 billion
views monthly from its own content (excluding 3rd parties content).
ecosystem Including • The Only International
cross selling and Standard Themepark with its
☑ Owning the largest sites called Okezone (#1 above Google #2)
cross promotion.
and Sindonews (#6) based on Alexa measurement. Okezone has facilities
more than 19 million UV daily and is ranked #27 globally. ☑ The assets book value, including
☑ In the process of the landbank is well below the
expanding into market value.
Subscription Based Media & Broadband digital financial ☑ Expanding into co-working, co-
☑ #1 market position in Pay TV with more than 20 exclusive in-house channels service products. living and co-retail business.
and thousands of VOD.
☑ The most integrated Pay TV Group offering premium DTH service (S-Band),
reguler DTH service (KU-Band), IPTV, Broadband and OTT services.
4
Corporate Structure
1. Corporate Overview
2. Media
3. Financial Services
4. Lifestyle Property, Hospitality
& Entertainment
Macro Drivers Support Industry Growth

Population & Real GDP (US$) (2018) * What are the macro drivers?
300
1,148,253 * In Millions • A large & young population, 226mn
250 people below age of 54; growing by 3
265 to 4 Million people every year for the
200
next 15 years
150 323,680
186,326 437,515 383,304 • A rising middle class group will grow
100 319,915 the advertising expenditure in line
95 with GDP growth
50
107 69 32
6 • A stronger growth will be driven by
0
more robust private investment
Indonesia Philippines Vietnam Thailand Malaysia Singapore
activities and acceleration of
Population US$ Real GDP infrastructure development
Indonesia Growth of Real GDP (%) A Young Population (2018)

5.5 5.5 5.5 5.5 43%

5.3
5 4.9 5 5.1 27% 17%

8%
6%

2014 2015 2016 2017 2018 2019 2020 2021 2022 0 - 14 15 - 24 25 - 54 55 - 64 65+

Source : Indonesian bureau of statistic 2019 report

7
PT Global Mediacom Tbk (MNC Media) Corporate Structure

Global Mediacom Tbk

Content and Advertising Based Media Subscription Based Media & Broadband Online Media

68%

PT Media Nusantara Citra Tbk PT MNC Vision Networks Tbk

“MNCN“ “IPTV”

8
The Largest Fully Integrated Media Company in Southeast Asia

PUBLIC

64% 36%

FREE-TO-AIR TV CONTENT DIGITAL

ENTERTAINMENT PRODUCTION (Short – Mid – Long Form) • RCTI +
• Digital content
(original content,
library)
TALENT • MCN
CONTENT LIBRARY 16 PAY CHANNELS
MANAGEMENT
• News portal
Entertainment FTA focusing
on family audience • Digital broadcast
• Radio Aggregator Apps
INFORMATION & SPORTS
Content library • User Generated
contains more than Content (UGC)
300,000 hours and
increasing by more
Largest news TV and
than 23,000 hours
provide news programs to
per year
the Group’s 3
entertainment FTA 9
Indonesia Advertising Market Share

• Given the infrastructure constraint, TV is the only medium to reach a mass audience.
• TV advertising is expected to maintain a dominant market share
• A more stable economic growth will boost ad spend, TV advertising should trend at a
5% CAGR between 2017-22
• 94% smartphone penetration among online users, grew from 40% in 2013.

2018 Indonesia Advertising – By Media (in Rp Mill)

Radio, 2%
Print, 16% 40,000,000

OOH, 2% 35,000,000

Internet, 30,000,000
16%
TV, 64% 25,000,000

20,000,000
2022
Print,
15,000,000
Radio,
10% 1%
10,000,000
OOH, 2%

5,000,000
Internet,
25% -
TV, 62% 2015 2016 2017 2018 2019 2020 2021 2022
TV Internet Print & Related Other 10
Source : MPA 2018 report, adjusted
 The Largest Audience Share & FTA TV Advertising Market Share

50.0 MNCN Audience Share 2008 – 2019*

• MNCN continues to produce top
45.0
39.4
41.3 drama series and talent search
36.7 37.2 44.8 38.4
40.0
35.3 36.4 35.1 programs successfully fulfilled
35.0 demand on high quality
29.1 Indonesian culture-based
30.0

25.0 entertainment
20.0 • We also have 16 MNC branded
15.0 Pay TV Channels. These channels
10.0 are integral to our content
5.0 strategy
0.0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019* Source : Nielsen *Prime Time 2 Sep 2019

Indonesia Advertising Market Share

43 43 45 • MNC Group dominates Advertising
39 40
37 market share amongst all FTA TV
28 28
Stations in the nation
26 24 26 25
18 17
• Content is the only way to capture
15 15 15
14 14 14 12 12 10 10
audience share and monetize
4 4 4 4 4 4 advertising dollars
0 0 1 1 1 1
• MNC sells different forms of
2014 2015 2016 2017 2018 Q1-2019 advertising from filler TVC, built-in,
virtual ads, mobile ads and other
MNC Group Emtek Group Trans Corp Viva Group Metro TVRI
creative ads
11
TV Advertising Revenue

• Conventional TVC (15” and

30”) during commercial break

• Creative ads/ Non Time

Consuming ads (Built-in,
Virtual Ads, Squeeze Frame,
etc)
Conventional TVC Build-In Advertising
• Equity Link (Air time and
Content Library)

• Localized RTX* & Geo-tagging

TVC*

• Digital Ads : Digital Broadcast,

Social Media (including Virtual Advertising Squeezed Frame Advertising
on Drama Series (TOP)
original content), Online
Portal, UGC, MCN, RCTI+)

*will be launched soon

12
Content Revenue

CONTENT PRODUCTION CONTENT LIBRARY PAY CHANNELS

(group & non-group) LICENSING LICENSING
Short, Mid, and Long Form (FTA, DTH, Pay TV, IPTV, (DTH Pay TV, IPTV, OTT)
Mobile/Streaming, OTT)

• Content produced in-house include
Drama, Talent Search, Animation,
Sitcom, Movie, Reality,
Infotainment, Variety, Talk Show,
News.
• Produces more than 23,000
hours of content annually.
• Owns more than 300,000 hours
of content library with
breakdown of 60% non News
and 40% News content.
• 90%+ of pay Channel content is
sourced from the library &
original content produced in-
house.
• Owns 16 Pay Channels with
various genres.

Drama Series* 41%

Drama, Talent Search, Animation,more than 80%
Talent Search*
Sitcom, Movie
80% Infotainment 26%
LOCAL
CONTENT Reality Program 28%
95% IN-HOUSE Local Animation more than 50%
PRODUCE • Generating highest revenue per one hour broadcast
13
The Largest Content Producer and Library Owner

CONTENT
TALENT
DRAMA ANIMATION SITCOM REALITY INFOTAINMENT TALK SHOW NEWS VARIETY
SEARCH

16 Pay Channels

14
The Best Talent Search Program

15
Drama Series Production – Indonesia Market Share

Cakrawala
3% Others
8%

Tobali
5%
Verona
6%

Mega Kreasi
41%
13%

Sinemart
24% Source: Actual On-Air, Internal Research
8M 2019.

MNC Pictures Sinemart Mega Kreasi Verona Tobali Cakrawala Others

16
Most watched Pay Channels in Indonesia

Number #1 Indonesia Pay Channels Market position with 25.90% shares.

(FTA Channels generate highest audiance share) The Top 10 Pay-TV
channels in Indonesia.
Rank Channel Share (%)
1 MNCN 25.90
2 TRANS 19.01
3 SCMA 15.19
4 VIVA 13.71
5 FOX[x]Disney 8.20
6 Warner 5.74
7 MTRO 5.07
8 Sony 1.54
9 VIA COM 1.38
10 TVRI 0.92
Source : Nielsen, Feb19

• Top 10 most watched channels

are dominated by local FTA.
• We sell ads spot of FTA on Pay-
TV separately

17
Star Media Nusantara: Talent Management

• The biggest talent management company in Indonesia with more than 380 talents with various
background under exclusive contract (5 years + 5 years).
• The Company manages national talent to perform in TV shows (group or non group), radios, off air
events and OOH/TV commercial.
• There is a revenue split between talent and the Company for all bookings, including endorsements
on their respective social media platforms.

18
Digital Mobile/ Online Advertising Revenue

• Digital Broadcast
• Social Media (Library & original content, etc)
• Library/channel licensing to digital platform
• Online portal, UGC, MCN
• RCTI+

19
Digital Broadcast

Second Screen Quiz Interactive Second Screen Activity Second Screen Live Chat

Digital quiz interactive where user can answer Brand activation on RCTI Mobile where users Users can access live streaming on RCTI
al the questions on TV via RCTI Mobile. The can send their comments and upload their Mobile as well as having interactive with
questions will be appeared in a form of photos which inline with brand campaign another user using chat feature
template with 110 sec. The questions consist
of product knowledge from brand and
program

Banner Random Pre Roll

A small picture TVC with 15 sec
on top of page duration. Pre roll
with landing Native Ads will appear before
page the video content
Bigger than banner,
native ads are in
the middle of the
page. Brand can put
their landing page
on native ads
20
Most watched Indonesia YouTube content comes from
our short clips drama series
Source of Revenue from Youtube 1

21
Number One YouTube TV Views & Subscribers in Indonesia

MNC Media vs Competitors

MNC Media vs Competitors Subscribers
VIEWS (IN BILLION)
Kompas
4,545,183
20.1 VIVA Group
8,671,123

EMTK Group MNC Group

9.6 9.1 15,767,286
7.8 42,050,926

2.5 2.2
0.7 0.6
NET
20,115,198

Trans Corp
21,437,498

MNC Group Trans Corp NET EMTK Group VIVA Group Kompas
Source : MNC Research, as per 31 August 2019
Including twitter, FB, IG, the total subscribers reach over 87 million,
the largerst in South East Asia 22
Maximize Brand’s Presence Through Engaging
WebSeries Ads
Source of Revenue from Youtube 2

23
Star Hits – Leading Digital Network

Source of Revenue from Youtube 3

MCN (August): • Star Hits is a digital network that develops content creators, talent or influencers, to
• 11mn subscribers cooperate with the brand and to create the ecosystem that are connected in the content.
• 1.63bn views • Owns various channels under star hits family brand, which focuses on various different
MCN + Non – MCN
genres.
(Jan – Aug 2019) • Currently, Star Hits also coordinates all of MNC Group’s channels in all social media.
• 42.1mn subscribers • Star Hits has received MCN (Multi-Channel Network) license from Youtube in July 2019.
• 20.1bn views

24
MNC Group “News Portal” rank #1 and #6 in Indonesia

ALEXA RANKS
Top Indonesian Sites

*Update Aug 30, 2019

Note : For News portal, Okezone.com is ranked #1 (19mn daily UV) and Sindonews.com #4

25
Welcome to RCTI+ Mobile Apps

• A spectacular extension of RCTI, MNCTV, GTV, and

iNews FTA TV which is available for free via Apps (iOS
& Android).
• MNC is digitally all in!

Excellent
• Single & Multi Camera Views for Streaming
Live
• Catch up TV
Streaming

• FTA Programs - Current and Library

• Extended Content –Rejuvenated Library
Content, Fresh Extended Content, and FTA
Creative Unaired Content (bloopers and behind the
Content scene)
• Creative Contents: Quiz, Reward system, Original
short & mid form content, Audition, News clips,
Radio, etc
• Content Partners - (SMN & Third Party Partners)

26
27
 Overview of PT MNC Vision Networks Tbk
97.55%
PT MNC Sky Vision Tbk
DTH services
• Provides DTH-based Pay TV
services in Indonesia, targeting
mid – high market segment.
• Over 90% market share with
2.5m subscribers.
• DTH S-band (2,520 – 2,670 Ghz)
for extensive nationwide
coverage.
• 17.5% subscriber CAGR from
2011 to 2017.
*excluding exercise of warrant
MNC Group
PUBLIC
90%*
PT MNC Vision Networks Tbk (IPTV)
10%*
60% 99.99% 99.90%
PT Digital Vision Nusantara PT MNC Kabel Mediakom PT MNC OTT Network
Prepaid Pay - TV Broadband and IPTV OTT service provider – TV Anywhere
• Captures mass market segment • Provides high speed FTTH
• TV anywhere as an value-added
with low-priced prepaid Pay-TV broadband and interactive IPTV
service for MNC Vision, MNC
service. services.
Play, and K-Vision subscribers.
• Controls 3,000+ dealership • 3rd largest broadband and IPTV
• Currently, with registered user
across the nation. operator in four years since
of more than 3,000,000.
inception.
• DTH KU-Band for cost efficient
• More than 130 live and 80
services. • Presence in 9 Cities.
catch-up channels, with access
• Enhances, strengthens & • 1.5 mio home pass. to more than 9,000 hours of
complements MVN pay-TV on-demand content.
• Secured partnership with Icon+,
package offering.
which opens up opportunities • Focus on short clip content
• Acquires 4,500 new subscribers to tap into 67 million new
on a daily basis. customers.
28
1. Corporate Overview
2. Media
3. Financial Services
4. Lifestyle Property, Hospitality
& Entertainment
PT MNC Kapital Indonesia Tbk (MNC Financial Services)
Corporate Structure

Legend : Note :
Total Assets in Bio Assets as of June 2019
Office network in Indonesia Office network as of August 2019
* Including Point of Sales

30
Revenue Contribution
1H-2018 1H-2019
MNC Bank

MNC Finance

MNC Life

MNC Insurance

MNC Leasing

MNC Sekuritas

MNC Asset
Management
BUSINESS STRATEGIES
• Developing an integrated online system (digitalization)
• Maximizing value creation & creating greater synergies amongst subsidiaries
• Developing Fintech infrastructure in collaboration with MNC Group
• Strengthening market penetrations & focusing on retail businesses
• Lowering acquisition cost as well as cost of funds
• Expanding our investments through organic & unorganic (mergers and acquisitions)
31
Being part of a leading business group in Indonesia
provides significant synergy potential
• Leading business group with media, lifestyle • Key synergy potential
property and financial services businesses

1 Large customer base across MNC Group businesses

The largest and most integrated media group in

SEA 2 Wide distribution network and consumer reach
• Largest FTA TV1 and DTH pay-TV2 operator with
wide audience reach
• 2.5 Million DTH subscribers and over 262
thousand FTTH/IPTV subscribers
• Strong content proposition with blue-chip Cross-selling of products within MNC Group businesses with
3
advertising clients targeted approach through data analytics

Lifestyle Property business with residential,

office and large-scale hospitality projects under
development Integration of operating platforms between subsidiaries
• Access to a strong network of 4
(HR & IT operations, branches and offices)
contractors/suppliers
• Large-scale hospitality developments
providing strong access to a huge potential
customer base Joint marketing and advertising between MNC Group
5
businesses; through the MNC Media arm
Synergy among business unit under MNC
Group

Note: 1. By monthly average audience share in Sep-2019 based on Nielsen; 2. By subscribers market share

32
1. Corporate Overview
2. Media
3. Financial Services
4. Lifestyle Property, Hospitality
& Entertainment
MNC Land Corporate Structure

PT MNC Land PT MNC Land PT GLD PT MNC Land PT MNC Graha PT Global Jasa
Bali Lido Property Surabaya Surabaya Sejahtera
The Westin Resort & Bali One East Penthouse &
Property & Security
MNC Bali Resort MNC Lido City International Convention Park Tower Jakarta Residences Luxury BEI Building Surabaya
Center, Nusa Dua Collection Management Services

Trump International Trump International Oakwood Hotel &

MNC Tower & Plaza Park Hyatt Jakarta
Resort & Golf Club Bali Resort & Golf Club Lido Residence Surabaya

Trump Residences Trump Residences

High End Building MNC Financial Center
Bali Lido

Sopodel Office
(5 floors)

MNC WorldTM Lido Sindo Building

MNC College

Indovision Building
Bali
Lido Lake Resort

34
Lifestyle Property, Hospitality & Entertainment
Lifestyle Resort & Hospitality
Residential
By focusing on the development of lifestyle
property, hospitality & entertainment, MNC
Land always prioritize the innovation of its
products and services.
The Company’s mixed business model
between recurring and non-recurring income
generators is derived from the following
segments:
• Office Building
• Lifestyle Resort & Hospitality
• Residential
• Entertainment center
Office Building
Currently, the recurring income segments is
still the largest revenue generator contributing
almost 85-90%, however in the next 2-3 years,
the Company expects the non-recurring
income composition will increase to 50-60% in
line with the project completion and sales of
its residentials and golf memberships.
Moreover, the Company is now aiming to
expand its portfolios into the developments of
co-working, co-living and co-retail properties
to accommodate the growing market demand
of such space which mostly comes from the
millennials.
Entertainment Center
35
 Property Portfolio
HOSPITALITY
900 rooms
~ 20,000 m2 MICE space
• The Westin Resort & Bali
International Convention
Center
• Oakwood Hotel & Residence
Surabaya
• Lido Lake Resort
• Park Hyatt Jakarta
(to be opened in 4Q2019)
* The Company has engaged with co-working space operators including Kolega (Park Tower) and GoWork (BEI Building Surabaya)
OFFICES RESIDENTIAL LAND BANK
~130,000 m2 262 units > 2,100 ha
5,800 m2 Co-working space
~ 3,300 m2 MICE space
• Park Tower Jakarta* • One East Penthouse & • MNC Lido City
• MNC Tower & Plaza Residences Luxury Collection
• MNC Bali Resort
• MNC Financial Center
• High End Building
• Sindo Building
• MNC College
• BEI Building Surabaya*
• Indovision Bali Building
• Sopodel Office (5 floors)
36
 General Properties – Office Building

* The property is owned by MNC Group, MNC Land is the project manager and building manager of the Property

37
Premium Grade-A Office Park Tower

 Premium Grade-A Office Park Tower, a 37-storey building situated in MNC Center, a 5-ha integrated mixed-
use complex in the Kebon Sirih area, very close to the CBD Jakarta.
 The Park Tower office space comprises 14 floors with a total building area of more than 32.000 m2 and
several tenants have occupied their spaces since September 2018.
 The building has efficiency of up to 85%, greater than the average building efficiency in Jakarta which is only
70%.
 MNC Land has engaged with Kolega (Co-working Space Operator) to manage 2 floors (10th & 11th Floor) as
co-working space area to accommodate the increasing demand for a modern and flexible office space.
38
Park Hyatt Jakarta
6-star Hotel

 Park Hyatt Jakarta is the first and the only Park Hyatt brand hotel in Indonesia situated in Kebon Sirih,
Central Jakarta which is in close proximity to the CBD Jakarta. This 6-star hotel features 222 luxury suites
with the theme of ‘home away from home’.
 The hotel also offers various facilities such as Ballroom, Meeting rooms, Spa and Fitness Center as well as
world-class dining and entertainment experience which will be a perfect choice for conducting weddings,
corporate gatherings and social events.
 Park Hyatt Jakarta is scheduled to launch its operations towards the end of 2019.

39
 Oakwood Hotel & Residence
5-star Hotel

 Oakwood Hotel & Residence is located in a 33-storey building consists of Strata Apartments and a 5-star Hotel situated in
elite area of Surabaya, East Java.
 The hotel is managed by Oakwood, an award-winning and the largest serviced apartment operator in the world.
Oakwood Hotel & Residence has started its operations since September 2018.
 Featuring 144 roomkeys with 4 room types, including Superior Room and Studio Deluxe which has a total room size of 44
m2, equipped with a small kitchenette and laundry machine, One Bedroom Apartment which has a total room size of 89
m2 as well as Two Bedroom Apartment which has a total room size of 110 m2, equipped with a living room and spacious
kitchen.
 Other supporting facilities: sky lounge, kids room, skypool, private cinema and fitness center. 40
 One East Penthouse & Residences Luxury Collection
Luxury Residential

 One East Penthouse & Residences Luxury Collection is located in a 33-storey building consists of Strata
Apartments and a 5-star Hotel situated in elite area of Surabaya, East Java.
 The innovative design of One East Penthouse and Residences Luxury Collection combines the comfort of luxury
living with modern cosmopolitan apartment. The apartment consists of 262 units ranging from 1-Bedroom, 2-
Bedroom, 3-Bedroom and Penthouse with various sizes from 78 – 272 sqm.
 Providing topmost privacy and security for all its residents through access control card, intercom, CCTV, and
24/7 professional security system.
41
 The Westin Resort and BICC
Resort Hotel

 The Westin Resort & Bali International Convention Center is located in ITDC complex, Nusa Dua and approximately 13
km or 30 minutes away from Ngurah Rai International Airport.

 With a total of 433 roomkeys, the hotel features various room types: deluxe room, premium room, family suite, one-
bedroom suite, ocean view suite, dan two-bedroom suite. This beachfront hotel is equipped with various facilities and
personal services such as bars & restaurants, swimming pools, Westin Family Club for kids, tennis court, retail area, and
Heavenly Spa by Westin.

 The Westin & Bali International Convention Center provides MICE facilities with a total area of ~15.700 m2 and the
largest convention hall has a total area of 2.462 m2 and the largest event space has a total area of 2.700 m2. Many
notable and important international events were hosted by the hotel including Miss World 2013, APEC CEO Summit
Indonesia 2013 and IMF-World Bank Meeting 2018.
42
 Lido Lake Resort & Convention Center
Resort Hotel

 Lido Lake Resort is located in Lido area, which was first built during the Dutch colonial era in 1939 and has its own charm and
has long been known to the people of West Java. The Lido Lake Resort was first built in 1995 and just recently completed major
renovation and has been opened for the soft opening since November 2018.
 Located approximately 70 Km from Jakarta, the Lido Lake Resort area is located in a cool climate because it is on a highland
(700m above the sea level) and is surrounded by 2 mountains, namely Mt. Salak and Mt. Gede Pangrango. In addition, the hotel
is also located on the lakeside and offers a variety of natural tourism, therefore, Lido Lake Resort is very suitable for a family
vacation destination as well as for company gathering venue.
 The hotel occupied a total land area of 3.3 ha and features 101 roomkeys, wedding venue and MICE facilities which can
accommodate up to 500 pax. Recently, the hotel received an award of Certificate of Excellence 2019 from TripAdvisor.
43
MNC Lido City – Strategic Location and Accessibility

45
Masterplan of MNC Lido City

Overall Masterplan
± 3000 ha
*Phase 1
± 700 ha
1 International Golf Course & Club*
2 Hotel*
3 Residential Villa & Condo*
4 Lido Lake Hotel (in operation)*
5 MNC WorldTM Lido*
6 Transit Oriented Development*
7 Movieland*
8 Music Festival*
9 MNC World Garden*
10 Residential Development*

Next Phase:
11 Hilltop Villa
12 University
13 Technopark & Foodpolis
14 Golf Course & Ressort Village
15 Worship Center
16 Farmville (Cattle & Fish Farm)
17 Moto GP Circuit

46
 Macro Infrastructure

 Bocimi Toll Road section I was inaugurated by President Joko Widodo and started its operations on 1
December 2018. Via this toll road, MNC Lido City can be reached within 1 hour drive from Jakarta through
exit toll Cigombong 1. Furthermore, MNC Lido City also has a direct access to Bocimi Toll Road through the
second exit toll Cigombong 2 which is not in operations yet.
 The Company has completed the constructions of main road which span over 3.5 km and secondary roads of
more than 10 km.

47
Trump International Resort Lido

40 ha
• 120 roomkeys, 6-star
• 24/7 lifestyle concierge
and personalized service
• Restaurant and bar, spa &
fitness center, meeting
and conference facilities
• Trump standard of
excellence

48
Trump International Golf Club Lido

82 ha
• 18 hole PGA Standard
• Presenting an Ultra-
Exclusive Golf & Country
Club with GFA of more than
36,000 sqm
• Club Designed by
Oppenheim Architecture
• Golf Course designed by
Ernie Els
• Golf course construction
progress: 70%

49
 Construction Progress of Golf Course

 Golf course with a total land area of 82 ha and 18 holes PGA Championship standard
 The course is designed by Ernie Els, the winner of Golf Designer of the Year 2015 and four-time Major winner
 Ultra-Exclusive Golf Club is designed by Oppenheim Architecture
 The construction of the golf course has reached 70%

50
 Trump Residences Lido: Luxury Villas

100 ha
• 281 units
• Designed by Oppenheim
Architecture and HBA

Type Land Building Unit

(sqm) (sqm)
M-1 8 BR 14,098 - 4
M-2 6 BR 5,935 - 3
EMERALD 5 BR + 2,024 912 19
LIBRARY
EMERALD 4 BR + 1,520 654 31
LIBRARY
EMERALD 4 BR 1,020 531 52
EMERALD 3 BR + 784 389 172
STUDY
TOTAL 281

OFFICIAL PARTNERSHIP WITH:

51
© MNC LAND 2019. ALL RIGHTS RESERVED.
 Luxury Condo

5 ha
• 180 units
• Designed by Oppenheim
Architecture

Building
Condo Type Unit
(sqm)
C1 - 4BR 338 31
C2 - 2BR 239 54
C3 - 1BR 194 95
Total 180

OFFICIAL PARTNERSHIP WITH:

52
© MNC LAND 2019. ALL RIGHTS RESERVED.
 MNC WorldTM Lido

Indonesia’s premiere world-class

theme park featuring 6 Theme Lands, 23
Rides & Attractions, 6 Shows, 17 F&B Concepts,
18 Retail Concepts, 1 Multipurpose Event Hall

a lively Retail Dining Entertainment (RDE) – a

festive specialty shopping, dining, and entertainment hotspot
with a wide range of daytime and nighttime activities

Hotel & MICE Facilities Water Park with

ranging from 3-star, 4-star and 5- iconic rides and
star targeting FIT travelers, tour attractions, integrated
groups, corporates and lucrative amenities and
MICE business innovative designs
53
Lido Lake Resort Extension

1.1 ha
• 125 roomkeys
• Water Leisure
Activities
• Wedding Venue
• Meeting Venue
• Ballroom

54
54
Lido Lake Development

LIDO LAKE
DEVELOPMENT
• SOEKARNO PARK

– Orange Pergola Restaurant

– Retail & Food Court
– Soekarno Villa Coffee Shop
– Soekarno Villa Preserved
Building
– Lakeside Pool

• LIDO LAKE ADVENTURE

PARK

A. Paintball Zone
B. Highrope Course
C. Tree House
D. Kayak Harbour
E. Archery Shoot
F. Kids Playground
G. Sky Bike
H. Flying Fox Landing | 260 m
I. Lido Lake Hotel
J. Lido Lake Hotel 2
K. Soekarno Park

• The biggest outbound facilities in

Indonesia with more than 60
games
55
55
Bodogol National Park

NATURE ACTIVITIES PROGRAM

56
 Transit Oriented Development (TOD)

• Total Area: 7 Ha
• Integrated
Transportation Modes:
1. Train Station
2. Bus Terminal
• Commercial area
• 3 Apartment towers
• Estimated construction
commencement: 2020

© MNC LAND 2019. ALL RIGHTS RESERVED. 57

MNC Bali Resort – “World’s Paradise”

 Situated in the heart of Bali’s magnificent southwest coast, MNC Bali Resort sits in close proximity to some of
Bali’s most famed attractions. The location is approximately 27 km or an hour drive from the Ngurah Rai
International Airport.

 The development is located in a spacious 107-hectare area in Tabanan, West Bali – one of the largest resort
developments in Bali

 A perfect location for luxury living that offers breathtaking views of the Indian Ocean and Tanah Lot, the
most sacred temple in Bali, framed by a spectacular panorama of endless sea

 Bali is consistently voted as one of the world’s best islands with the latest awards came from the
DestinAsianReaders’ Choice Award (RCA) and Bali was voted as the Best Island in the World in 2017

 In August 2015, MNC Land signed an agreement with The Trump Organization to manage the newly
redesigned resort

 The Government is planning to develop a new toll road from Kuta to Gilimanuk, passing by Tanah Lot
58
MNC Bali Resort – “World’s Paradise”

The largest and the most integrated resort destination complex

in Bali, MNC Bali Resort with a total area of 107 ha

6-STAR HOTEL &

BEACH CLUB

GOLF COURSE &

GOLF CLUB

LUXURY VILLA
 Trump International Golf Club Bali

54 ha
• A Top Course in Asia
• 18 holes – Par 72
• Home of International Golf
Events
• Designed by Phil Mickelson
• Signature hole facing the
Tanah Lot and Indian Ocean
• It will definitely provide a great
new experience for golfer
• An ultra-exclusive golf club
providing state-of-the-art
facilities, orchestrated by a
24/7 lifestyle concierge
• GFA Golf Club: 8,653 m2

OFFICIAL PARTNERSHIP WITH:

© MNC LAND 2019. ALL RIGHTS RESERVED. 60

 Trump International Resort Bali

14.3 ha
• 151 roomkeys of suites
and villas

• Trump International Resort,

a 6-star Hotel providing the
Finest Expression of
Glamour, Luxury and
Service

• Iconic Architecture
Impression

OFFICIAL PARTNERSHIP WITH:

© MNC LAND 2019. ALL RIGHTS RESERVED. 61

 Trump Beach Club Bali

• The resort will also feature

a state-of-the-art Trump
Beach Club Bali designed
so as to present a 360-
degree view of the Indian
Ocean

• Total GFA: 8,397 sqm

• Planned Facilities:
1. Beach Club Restaurant ,
Swim – Up Bar, Pool Bar,
Cigar & Cognac Lounge,
Delicatessen
2. Beach Club & Deck,
Cabanas (4 rooms), VIP
Lounge, Swimming pool,
DJ booth, White sand pit,
Amphitheater

OFFICIAL PARTNERSHIP WITH:

© MNC LAND 2019. ALL RIGHTS RESERVED. 62

 Trump International Residences Bali

• 144 units of super luxury villas

• 223 units of luxury

condominium

• Designed by Oppenheim
Architecture and HBA
Land Building
Villa Type Unit
(sqm) (sqm)
Premier Villa 5BR 1.069 1.718 5
Premier Villa 4BR 969 1.544 6
Saphire 5BR 1.980 1.013 8
Saphire 4BR 1.000 625 23
Saphire 3BR 600 268 102
Total 144

Building
Condo Type Unit
(sqm)
C2 - 2BR 140 103
C3 - 1BR 80 120
Total 223

OFFICIAL PARTNERSHIP WITH:

© MNC LAND 2019. ALL RIGHTS RESERVED. 63

 Project Completion
Project CompletionMilestones
Milestones

2019 2020 2021 2022 2023

 Park Hyatt Jakarta  Soekarno Park  Bodogol National Park  Movieland by MNC  MNC ParkTM
Pictures
 Oakwood Hotel &  Lido Lake Adventure  Lido Lake Resort  MNC WorldTM Lido
Residence Surabaya Park – Biggest Outbound Extention  Trump International  Transit Oriented
Resort Lido
 Trump International Golf Development (TOD)
Club Bali  Trump International
Resort Bali
 Trump International Golf
& Country Club Lido
 Trump Residences Lido &
Bali* (onwards)

 Estimated total Capital Expenditures (excld. Land investment) to develop the above projects is approx. Rp 25
trillion (equiv. to USD 1.75 bio) of which during the construction period, the funding source will be from
Banks/Financial Institutions which currently on progress up to 45%, Sales Proceeds will contribute 35% and the
remaining 20% is from Equity. However from the global perspective, proceeds from sales shall be eventually able
to fully finance the non-recurring projects.
 The above estimated Capex and sources of funding may be considered forward looking and may differ materially
subject to further discussions with Banks and Financial Institutions. 64
CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
FY2018 (AUDITED) AND FY2017 (AUDITED)
(in million Rupiah)

Descriptions FY2018 FY2017 Δ%

Revenues 14,725,851 13,580,269 8%
Advertising - Non Digital 5,313,502 4,944,077 7%
Advertising - Digital 261,101 89,452 192%
Content based media 1,518,392 1,466,277 4%
Pay TV dan Broadband 3,228,257 3,140,779 3%
Financing, securities, insurance, and bank financial institutions 2,611,797 2,380,754 10%
Others 1,792,802 1,558,930 15%
Operating cost (10,962,420) (11,339,149) -3%
Income from operations 3,763,431 2,241,120 68%
EBITDA 5,329,364 3,747,386 42%
EBITDA Margin 36% 28%
Net income 945,195 524,708 80%

Revenue FY2018 16,000 14,726

Advertising 13,580
14,000
- Non Digital
Others
36% 12,000
12%
in Billion Rupiah

10,000
Advertising
8,000
- Digital
2% 6,000 5,329
3,763 3,747
Financing, 4,000
securities, 2,241
2,000
insurance, Content 525 945
and bank based media -
financial 10% Revenues Income from EBITDA Net income
Pay TV dan
institutions operations
Broadband
22%
18% 31 Des 2017 31 Des 2018
65
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
FY2018 (AUDITED) AND FY2017 (AUDITED)

(in million Rupiah)

Descriptions FY2018 FY2017 Δ%
ASSETS
Current Assets 19,185,166 20,195,774 -5%
Non Current Assets 37,236,807 36,328,037 3%
Total Assets 56,421,973 56,523,811 0%

LIABILITIES AND EQUITY

Current Liabilities 17,171,841 20,692,112 -17%
Non Current Liabilities 14,753,368 11,745,509 26%
Total Liabilities 31,925,209 32,437,621 -2%

Non-controlling interests 12,162,569 12,038,218 1%

Total Equity *) 12,334,195 12,047,972 2%
Total Liabilities and Equity 56,421,973 56,523,811 0%

Ratio
PBV (x) 0.12 0.18
Current Ratio 1.12 0.98
Debt to Equity Ratio (x) 0.72 0.78
*) Attributable to owners of the Company

60,000 56,524 56,422

50,000
In Billion Rupiah

40,000 32,438 31,925

30,000
20,000 12,048 12,334
10,000
-
Assets Liabilities Equity

31 Des 2017 31 Des 2018 66

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
1H2019 (UNAUDITED) AND 1H2018 (UNAUDITED)
(in million Rupiah)

Descriptions 1H2019 1H2018 Δ%

Revenues 7,827,108 7,165,323 9%
Advertising - Non Digital 2,899,527 2,685,728 8%
Advertising - Digital 325,215 77,062 322%
Content based media 912,898 760,903 20%
Pay TV dan Broadband 1,569,666 1,536,419 2%
Financing, securities, insurance, and bank financial institutions 1,298,729 1,305,499 -1%
Others 821,073 799,712 3%
Operating cost (5,874,813) (5,370,274) 9%
Income from operations 1,952,295 1,795,049 9%
EBITDA 2,783,824 2,586,642 8%
EBITDA Margin 36% 36%
Net income 1,030,524 89,105 1057%
Revenue 1H2019
9,000
Advertising - 7,827
Non Digital 8,000
7,165
37% 7,000
Advertising - 6,000
in Billion Rupiah

Others Digital
10% 4% 5,000

4,000
2,784
3,000 2,587
1,952
Financing, 2,000 1,795
securities, Content 1,031
insurance, based media 1,000
89
and bank 12%
0
financial Revenues Income from EBITDA Net income
institutions Pay TV and operations
Broadband
17% 20% 30 Jun 2018 30 Jun 2019 67
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
1H2019 (UNAUDITED) AND FY2018 (AUDITED)

(in million Rupiah)

Descriptions 1H2019 FY2018 Δ%
ASSETS
Current Assets 19,195,271 19,185,166 0%
Non Current Assets 40,574,253 37,236,807 9%
Total Assets 59,769,524 56,421,973 6%

LIABILITIES AND EQUITY

Current Liabilities 16,962,505 17,171,841 -1%
Non Current Liabilities 14,675,262 14,753,368 -1%
Total Liabilities 31,637,767 31,925,209 -1%

Non-controlling interests 13,416,615 12,162,569 10%

Total Equity *) 14,715,142 12,334,195 19%
Total Liabilities and Equity 59,769,524 56,421,973 6%

Ratio
PBV (x) 0.15 0.12
Current Ratio 1.13 1.12
Debt to Equity Ratio (x) 0.58 0.72
*) Attributable to owners of the Company
70,000
59,770
60,000 56,422
in Billion Rupiah

50,000
40,000 31,638 31,925
30,000
20,000 14,715 12,334
10,000
0
Assets Liabilities Equity

30 Jun 2019 31 Dec 2018 68

PT MNC Investama Tbk
Ria Budhiani
Head of Investor Relations
Email: ir.bhit@mncgroup.com
Thank You
MNC Financial Center 21st Floor
Jl. Kebon Sirih No. 21-27 Jakarta 10340, Indonesia
Tel. +62-21 2970 9700
Fax. +62-21 3983 6870
www.mncgroup.com