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Investor Presentaiton

FY2020 Financial Results Consolidated Financial Summary (IDR bn) Palm Oil Financial Summary (IDR bn) DSNGROUP FY 2020 FY 2019 YoY A% Q4-20 Q3-20 QoQ A% 2018 2017 2016 Palm Oil FY 2020 FY 2019 YoY A% Q4-20 Q3-20 YoY A% Profit & Loss Revenue Revenue 5,703 4,736 20.4 2,031 1,016 100.0 2018 3,772 2017 2016 4,290 2,957 Gross Profit 6,699 5,737 1,752 1,461 16.8 19.9 2,318 1,231 88.3 4,762 5,160 3,879 Gross Profit 1,594 1,287 23.8 718 230 212.7 1,336 1,621 919 768 253 203.8 1,543 1,724 954 % margin 27.9 27.2 35.4 22.6 35.4 37.8 31.1 % margin 26.1 25.5 33.1 20.5 32.4 33.4 24.6 Operating Profit 1,057 783 35.1 492 188 1614 943 1,241 630 Operat. Profit 995 757 31.5 465 176 164.7 932 1,179 436 % margin 18.5 16.5 24.2 18.5 25.0 28.9 21.3 % margin 14.9 13.2 20.1 14.3 19.6 22.8 11.2 EBITDA 1,633 1,294 26.1 704 255 175.8 1,310 1,563 904 Finance cost (480) (509) (126) (104) (274) (265) (264) % margin 28.6 27.3 34.7 25.1 34.7 36.4 30.6 FX gain(loss)-loan 181 33 117 (84) (47) 5 9 Profit Before Tax 783 317 147.2 475 22 2,027.1 666 1,017 440 Net Profit 478 178 168.4 316 (18) 1,881.3 427 578 252 % margin 13.7 6.7 23.4 2.2 17.7 23.7 14.9 % margin 7.1 3.1 13.6 (1.4) EBITDA 1,650 1,313 25.7 703 257 173.7 % margin 24.6 22.9 30.3 20.9 9.0 1,334 28.0 11.2 6.5 1,541 29.9 762 Wood Financial Summary (IDR bn) 19.6 Wood FY 2020 FY 2019 YOY A% Q4-20 Q3-20 YoY A% 2018 2017 2016 Cashflow Statement Revenue 996 1,001 (0.5) 287 216 33.1 990 869 921 Cash from 1,094 587 86.4 1,094 515 112.5 298 1,095 399 Gross Profit 158 173 (9.0) 50 23 115.1 207 103 35 operation % margin 15.9 17.3 17.3 10.7 20.9 11.8 3.8 Cash from (642) (740) (13.2) (642) (333) 93.2 (1,385) (709) (1,042) Operating Profit 29 64 (54.4) 8 3 (194.2) 100 28 (93) Investing % margin 2.9 6.4 2.7 1.2 10.1 3.2 (10.1) Cash from 50 50 EBITDA 109 107 10 33 17 (1012) 134 68 (42) (201) (125.0) 50 (117) (142.9) 1,261 (261) 223 Financing % margin 10.9 10.7 11.6 7.7 13.5 7.8 (4.6) Financial Position Profit Before Tax % margin 5 52 (913) 16 (21) (177.5) 49 (75) 57 0.5 5.2 5.7 (9.8) 5.0 (8.6) 6.2 Total debt 6,391 6,415 (0.4) Net debt 5,632 6,144 (8.3) Total Asset 14,151 11,621 21.8 6,391 6,362 5,632 5,984 14,151 11,674 0.4 (5.9) 21.2 6,514 Total Equity 6,231 3,732 67.0 6,231 3,838 62.3 5,920 11,739 3,659 4,061 3,657 8,452 8,183 4,396 3,995 3,314 2,704 Debt/equity 1.0x 1.7x 1.0x 1.7x 1.8x 1.2x 1.6x Annual financial statements are audited by Siddharta & Widjaja, Registered Public Accountants- a Member Firm of KPMG International Net debt/equity 0.9x 1.6x 0.9x 1.6x 1.6x 1.1x 1.5x Net debt/EBITDA 3.4x 4.7x 3.4x 4.2x 4.4x 2.4x 5.2x FY2020 RESULTS UPDATE | 15
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