Investor Presentaiton
8
TBS
Energi
Utama
TBS Overview
Financial
Performance
Power Business
Mining Business
Financial Highlights
2020 saw a decrease in Average Selling Price ("ASP") of coal, which directly correlated with lower NEWC coal index resulting in lower
EBITDA
Revenues and ASP
NEWC Adjusted GAR and ASP
91.5
75.4
61.1
61.7
74.7
54.1
64.9
75.4
50.5
525.5
61.1
61.7
438.4
54.1
310.7
331.9
2017
2018
2019
2020
2017
2018
Revenues (US$ Mn)
--ASP (US$/ton)
EBITDA and ASP
NEWC Adjusted GAR (US$/ton)
EBITDA, EBITDA/ton [1] and EBITDA Margin
2019
2020
ASP
75.4
25.1%
24.1%
61.1
61.7
54.1
15.3%
18.0
110.2
15.3
13.0%
10.9
80.4
74.8
110.2
5.8
43.2
74.8
80.4
43.2
2017
2018
2019
2020
2017
2018
2019
2020
EBITDA (US$ mn)
ASP (US$/ton)
EBITDA (US$ Mn)
--EBITDA/ton (US$/ton)
EBITDA Margin (%)
[1] EBITDA/ton for mining business only
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