Enhancing Kota Jababeka's Value Proposition slide image

Enhancing Kota Jababeka's Value Proposition

KIJA NAV - As per 31 December 2020 Land bank Cikarang Inventory Size (ha) 160 ASP (Rp million) NAV (Rp bn) 4.00 6,402 Land for Development* 1,080 0.55 5,942 Kendal Inventory 1.50 Land for Development* 560 0.35 1,960 Tanjung Lesung Inventory 22 1.00 223 Morotai Land for Development* Inventory 1,473 0.25 3,683 465 0.20 931 Land for Development 1,328 0.02 265 Subtotal land bank Infrastructure & Others (DCF) Add (cash, advances, investments in associates, deposits, etc) Deduct (loans, customer advances, etc) Total NAV Number of shares (billion): NAV per share Share Price (as at Dec 2020) Discount to NAV * Replacement value 19,407 2,676 2,691 (5,407) 19,367 20.53 943 214 77% Disclaimer: The purpose of this section is to provide shareholders, bondholders, analysts, brokers/dealers, potential investors and other capital market participants with a general overview of the Company's internal net asset value (NAV) calculation. The information is provided for quick reference only. The information provided is not an offer to sell securities or the solicitation of an offer to buy securities. The information has been compiled from sources believed to be reliable. The information contained in this section is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the Company. The Company makes no representation regarding, or assumes any responsibility or liability for, the accuracy or completeness of, or any errors in or omissions from, any information contained herein. 33
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