Investor Presentaiton
Prudent Financial Policy
Prudent Financial Management
Modest
Balance
Sheet
Leverage
•
Strong Risk Management
Maintain debt to equity leverage of less
than 1.0x
Maintain gross debt to EBITDA leverage
of around 3.0x
Investment
Policy
Diversified
Funding
Channels
Secure diversified funding sources from
banks and both domestic and
international capital markets
Investments are decided after careful
review and the assessment of a
feasibility study
Hedging
Policies
Business profile provides a natural
hedge against USD/IDR fluctuations
Do not practice hedging of CPO price
Significant
Liquidity
Manage liquidity risk by maintaining
cash and cash equivalents sufficient to
meet our commitments for normal
operations, regularly evaluating cash
flow projections and actual cash flows
Dividend
Policy
Sawit
Sumbermas
Sarana
Karya Nyata untuk Negeri
Annual dividends to be distributed in an
amount up to 30% of net income for
each year, normalized by excluding net
foreign exchange gains/losses, deferred
tax revenues or expenses, and
deducting all specified reserves
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