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PUBLIC EXPOSE
25 APRIL 2024 PT Sawit Sumbermas Sarana Tbk
PT Sawit Sumbermas Sarana Tbk THRIVING THROUGH SUSTAINABLE BUSINESS
VISION
To Become A World-class Plantation Company
MISSION
To build a professional plantation business
To add value for all stakeholders
To Implement best practices of corporate governance
To use environmentally-friendly and advanced technology
To develop our human resources and local potential in a
spirit of partnership
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Ikhtisar Lokasi | Location Overview
Kami adalah satu-satunya perusahaan kelapa sawit yang berlokasi di satu hamparan, dengan radius 60 km yang mencakup jalan provinsi dan dapat
diakses dalam segala kondisi cuaca.
”We are the only palm oil company located along a single highway, covering a 60 km radius that includes provincial roads and is accessible in all weather conditions.”
SPI
SSMS Plantation International Pte. Ltd.
Treasury Center
SPH SMU
SSMS Plantation Holding Pte. Ltd
Services Activities
SSI
MPP
Sawit Sumbermas International Pte. Ltd. TSA
Plantation Business
Kabupaten Lamandau
SMU
PT Sawit Multi Utama
Plantation Business Nanga Bulik
MPP
CENTRAL KALIMANTAN
KALIMANTAN
PT Mirza Pratama Putra
Plantation Business MMS
TSA SSS Kabupaten Kotawaringin Barat
PT Tanjung Sawit Abadi
Plantation Business
WEST
MMS
PT Mitra Mendawai Sejati Kalimantan
Plantation Business
KSA SBI MKM
SSMS Iskandar
CBU
HO
Airport
PT Sawit Sumbermas Sarana Tbk
Kabupaten Pangkalan
Plantation Business
Sukamara Bun
KSA Kumai
PT Kalimantan Sawit Abadi Port
Plantation Business
MKM SPI
PT Menteng Kencana Mas
Plantation Business
SPH
SSI
CBUT
PT Citra Borneo Utama Tbk
Refinery & Fractionantion Business
JAVA SEA
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Peristiwa | Key Milestone
SSMS didirikan pada tanggal 22 November 1995. di Pangkalan Bun, Kalimantan Tengah September 2023
SSMS Established on November 22, 1995. in Pangkalan Bun, Central Kalimantan
100% RSPO
January 2023 Certification
Fully payout
global bond at
maturity
2022
2018
Bought back December 2023
This Issued global
some of Global Becoming PT
bonds worth
Bond Citra Borneo
US$300 M.
2013 Utama Tbk
This Initial Public (CBUT) Majority
Offering (IPO) Sharesholders,
"The settlement
of related party
loans with CBI
amounted to 3.4
trillion rupiah."
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Lingkungan Sosial Tata Kelola (LST) | Environmental Social Governance (ESG)
PT Sawit Sumbermas Sarana Tbk respect society environment, and social responsibilities to all stakeholders
Certification
Pencapaian | Achievement
The only plantation company that is fully 100% RSPO &
ISPO Certified
Sosial & Tanggung Jawab | Social
Social & Responsibility
& Responsibility Building School, scholarship, Quality Human Safety
Environment (QHSE), Customer Focus, Social &
Lingkungan Community development
Sosial Tata
Kelola (LST) Energy Management
Optimisasi Penggunaan Energi |
Environmental Greenhouse gases (GHG) Emissions, fossils fuel
Optimization of Energy Use
Social consumption non-renewable and renewable source,
Governance Biogas & electricity.
(ESG)
Commitment
Komitmen | Commitment
Within more than 1,000 local partners, forest
biodiversity and conservation
Sumberdaya Manusia | Human Development
Human Development Human rights (HR), Policy, Fair operation
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Ikhtisar Perkebunan | Plantation Overview
PT Sawit Sumbermas Sarana Tbk (SSMS)
Upstream Plantations – PT Sawit Sumbermas Sarana Tbk (SSMS)
OVERVIEW
Total Area
Grand Total Area
115.881 Ha
Luas Area Menghasilkan
Mature Area
81.405 Ha
Luas Area Belum Menghasilkan
Immature Area
Jumlah Luas Tertanam Berdasarkan Tahun Tanam (Ha) | Total Planted Area by Planted Year (Ha) 1.060 Ha
Immature Young Mature (4 –
Prime Mature (8 – 20 years)
(1– 3 years) 7 years)
97%
0.4% 2.6%
8,295 Pembibitan
6,853 7,037 6,954
6,741 Nursery
5,988
5,001 106 Ha
4,537
4,001
2,590 2,550 2,796
2,128
1,627
1,042 Lahan Belum di Tanam
135 92 110 336 174 103
40 20 18 Unplanted Area
Data as 31 Desember 2023
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 8.847 Ha
Profil tanaman usia muda, dengan rata-rata 14,7 tahun untuk Inti dan 10,9 tahun untuk Plasma, akan memfasilitasi
peningkatan produksi TBS yang berkelanjutan selama beberapa tahun ke depan dengan kenaikan biaya produksi Lahan Infrastruktur & Konservasi
atau belanja modal yang minimal. Area Infrastructur & Conservation
The young age profile, with an average of 14.7 years for Nucleus and 10.9 years for Plasma, will facilitate a sustainable
24.463 Ha
increase in FFB production over the next few years with minimal rises in production costs or capital expenditures.
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Alur Hilirisasi Bisnis
Downstream Business Flow
Kernel
1ST REFINERY &
Chrusing
Fractionations
Plant (KCP)
Plant
With Capacity
With Capacity
600 TPD
2500 TPD & can
Kernel Process
process CPO at
219.000
850.000 MT/Year
MT/Year
1 2 3 1 2
2nd Refinery &
UPSTREAM UPSTREAM
Fractionations
Raw Material Raw Material
Plant
Received Received PK
With Capacity
(Crude Palm (Palm Kernel)
1500 TPD RBDPO
Oil)
Process 850.000
MT /Year
OUTPUT
Refining Process
▪ Crude Palm Kernel Oil
▪ RBDPO
(CPKO)
▪ PFAD
▪ Palm Kernel Expeller (PKE)
Fractioning Process
▪ RBDP OLEIN
▪ RBDP STEARIN
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Produksi Perkebunan
Plantation Production
Nucleus Mature vs Yield/Ha FFB Nucleus Plasma Mature vs Yield/Ha FFB Plasma
7.5
69,120 30.0 14,000 6.9 8.0
27.0
25.0 6.4
68,920 25.0 12,000 7.0
5.7
68,720 23.3
Tonnes/ Ha
22.9 6.0
Ha Planted
22.3 20.0 10,000
Tonnes/ Ha
Ha Planted
68,520 8,000
5.0
15.0 4.0
68,320 3.0
6,000
68,120 10.0 3.0
4,000 2.0
67,920 5.0
68,298 69,108 68,862 68,880 68,901 2,000 1.0
67,720 - 9,380 10,309 11,278 12,000 12,505
- -
2019 2020 2021 2022 2023
2019 2020 2021 2022 2023
Nucleus Mature Yield/Ha FFB Nucleus Plasma Mature Yield/Ha FFB Plasma
Palm Kernel Production Vs Kernel Expeller (KER)
Oil Extration Rate
24.50%
105,000 4.4% 23.9%
Palm Kernel (MT)
4.3% 24.00%
OER From FFB
Kernel Expeller
100,000 4.4% 4.3%
4.2% 4.3% 23.50% 23.1% 23.1%
95,000 23.00%
23.0%
22.8%22.8% 22.8% 22.8%
90,000 4.1%
4.2% 22.5% 22.5%
22.6%
22.3%
22.50% 22.1% 22.1%
22.0%
85,000 4.1% 22.00%
80,000 21.50%
4.0%
75,000 21.00%
82,680 85,776 83,438 97,019 99,082
70,000 3.9% 20.50%
2019 2020 2021 2022 2023 2019 2020 2021 2022 2023
PK (Palm Kernel) KER OER (Mix) OER Inti OER Plasma
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Produksi Pabrik & Pengilangan
Mills & Refinery Production
FFB Processed vs Mills Utilization Refinery Process
2,000 72% 80% 800,000 92% 100%
70%
‘000’ MT
1,800 63% 700,000
62% 70% 69% 80%
1,600 56% 600,000 68%
60% 58% 60%
1,400 500,000
50% 60%
1,200
400,000
1,000 40%
40%
300,000
800 571 30%
600 424 439 200,000
404
324 20% 20%
400 100,000 16,472 16,258 21,523 27,364 29,323
473,631 489,322 565,076 548,556 746,544
200 59 72 83 94 10%
1,456 29 1,611 1,527 1,757 1,680 - 0%
- 0% 2019 2020 2021 2022 2023
2019 2020 2021 2022 2023 RBDPO PFAD Utilizations Rate CPO Process
Nucleus FFB Plasma External Utilization
Fractionation Process 50,000
Kernel Chrusing Plant KCP
50%
700,000 100%
85%
42%
600,000
80% 40,000 40%
Utilization Rate
34%
Utilization Rate
500,000
58%
55% 30,000 30%
400,000 47%
60%
46%
MT
MT
300,000 40% 20,000 20%
13%
200,000 137,360
93,108 20% 10,000 10%
82,099 72,116 77,313
100,000 9,896 12,253 30,765 41,560 24,998 34,448
383,239 317,426 322,447 400,986 584,864
0 0%
- 0%
2019 2020 2021 2022 2023
2019 2020 2021 2022 2023
CPKO Production PKE Production KCP Utilization
Olein Stearin Utilization Rate RBDPO Process
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Penjualan Konsolidasi
Sales Consolidated
Jenis Produk Satuan Perubahan (%) Satuan Perubahan (%)
2023 2022 2023 2022
Product Type Unit Change Unit Change
MT Jumlah Penjualan Rp/kg Harga
Metric Tons Total Sales IDR/kg Price
Tandan Buah Segar 43,755 106,341 (62,587) -58.85% 2,358 2,145 213 9.92%
Fresh Fruit Bunches
Minyak Kelapa Sawit 24,935 97,519 (72,584) -74.43% 13,262 13,581 (319) -2.35%
Crude Palm Oil
Inti Sawit 2,997 1,000 1,997 200% 4,974 5,117 (144) -2.81%
Palm Kernel
Minyak Inti Sawit 48,148 48,244 (96) -0.20% 11,463 17,796 (6,333) -35.59%
Palm Kernel Oil
RBDPO 23,282 70,552 (47,271) -67.00% 12,594 17,688 (5,093) -28.80%
PFAD 33,178 26,879 6,299 23.44% 10,436 14,431 (3,994) -27.68%
RBD Palm Olein 570,918 384,912 186,006 48.32% 12,781 15,292 (2,511) -16.42%
RBD Palm Stearin 142,907 78,851 64,056 81.24% 11,914 15,268 (3,354) -21.97%
Pillow Pack 1,516 2,802 (1,286) -45.90% 9,919 14,527 (4,608) -31.72%
Palm Kernel Expeller 31,772 44,848 (13,075) -29.15% 1,532 1,284 248 19%
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Kilas Financial | Financial Highlight
Total Asset 12.0
Total Liabilities
9.8
16 10.0 9.1
13.9 14.0
IDR Trilions
14 12.8 7.8 7.9 7.7
11.8 8.0 7.5
12 11.8 11.1
IDR Trililons
10 6.0
8
6 4.0
4
2.0
2
- 0.0
FY19 FY20 FY21 FY22 FY22 (Cons) FY23 (Cons) 2019 2020 2021 2022 2022 (Cons) 2023 (Cons)
7 6.4
6.1
16
6 14.0 14.0
4.9 14
5 11.9
4.1 12
10.0
4 10 9.2
8.0
IDR Trilions
8
IDR Trilions
3
2.0 2.0
6
2
4
1
2
- -
2019 2020 2021 2022 2022 (Cons) 2023 (Cons) 2019 2020 2021 2022 2022 (Cons) 2023 (Cons)
Total Equity Market Cap
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Kilas Financial | Financial Highlight
All figures in IDR Millions unless stated 2019 2020 2021 2022 2022 (Consol) 2023 (Consol) Perubahan Peubahan
INCOME STATEMENT
Revenue 3,277,806 4,011,149 5,203,101 7,261,218 11,240,200 10,703,400 (536,800) -4.78%
EBITDA 679,083 1,436,868 2,726,450 3,119,376 2,894,643 1,439,775 (1,454,868) -50.26%
EBITDA Margin 20.7% 35.8% 52.4% 43.0% 25.8% 13.5% (12.3%) -47.77%
Net Income 12,084 580,875 1,526,872 1,848,119 1,848,300 518,300 (1,330,000) -71.96%
Net Income Margin 0.4% 14.5% 29.3% 25.5% 16.4% 4.8% (11.6%)
CASH FLOW STATEMENT
Operating 10,741 586,014 1,113,825 1,457,250 2,415,100 763,300 (1,651,800) -68%
Investing (652,331) (778,677) (794,611) (513,604) (683,400) (1,620,000) (936,600) 137%
Financing 470,066 (107,943) (396,130) (1,832,046) (1,910,500) 288,300 2,198,800 -115%
Change in Cash (171,524) (300,606) (76,916) (888,400) (178,800) (568,400) (389,600) 218%
Income Statement Cash Flow Statement
Revenue EBITDA Margin Net Income Margin
3,000 Investing Financing Operating Change in Cash
12,000 52.4%
60.0%
2,000
10,000 50.0%
43.0%
1,000
IDR Billions
IDR Billions
8,000 35.8% 40.0%
30.2%
29.3%
6,000 25.5% 25.8% 30.0% - (77)
20.7% (172) (301) (179)
(568)
4,000 16.4% 20.0% (1,000) (888)
14.5%
2,000 4.8% 10.0% (2,000)
0.4%
3,278 4,011 5,203 7,261 11,240 10,703
0 0.0% (3,000)
2019 2020 2021 2022 2022 (Consol) 2023 (Consol) FY19 FY20 FY21 FY22 FY22 (Consol) FY23 (Consol)
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Thank You
HEAD OFFICE
Jl. H. Udan Said No. 47 Pangkalan Bun 74113 Kalimantan Tengah, Indonesia
Ph : +62 532 21297
REPRESENTATIVE
Equity Tower 43F Jl. Jend. Sudirman Kav. 52-53 SCBD Lot. 9 Jakarta, Indonesia
Ph : +62 21 2903 5401 | E : corporate@ssms.co.id
www.ssms.co.id
Names mentioned 14 people and organisations named in the text · linked when the evidence is strong
unresolved
org
SPI SSMS Plantation International Pte. Ltd.
p.2
unresolved
org
SMU SSMS Plantation Holding Pte. Ltd
p.2
unresolved
org
Services Activities SSI MPP Sawit Sumbermas International Pte. Ltd.
p.2
unresolved
org
PT Sawit Multi Utama Plantation Business
p.2
unresolved
org
PT Mirza Pratama Putra Plantation Business
p.2
unresolved
org
PT Tanjung Sawit Abadi Plantation Business WEST MMS
p.2
unresolved
org
PT Mitra Mendawai Sejati
p.2
unresolved
org
PT Kalimantan Sawit Abadi
p.2
unresolved
org
PT Menteng Kencana Mas Plantation Business SPH SSI
p.2
unresolved
person
H. Udan Said
p.12
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