•

•

•

•

•

•

•

•

•

•

•

•

•

•

•

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

May

-14

Jun-

14

Jul-

14

Au

g-1

4

Sep

-14

Oct

-14

Nov

-14

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Ap

r-1

5

May

-15

Jun-

15

0

20

40

60

80

100

120

Jan-

14

Feb

-14

Ma

r-1

4

Apr

-14

May

-14

Jun-

14

Jul-

14

Aug

-14

Sep

-14

Oct

-14

Nov

-14

Dec

-14

Jan-

15

Feb

-15

Ma

r-1

5

Apr

-15

May

-15

Jun-

15

NEWC BRENTSource: World Bank Source: Bank Indonesia, Middle Rate

Source: Ministry of Energy & Mineral Resources

•

•

•

•

•

215

287

345

402382

352

65 66 67 72 76 80

280

353

412

474 458432

2010 2011 2012 2013 2014 2015E

Export Domestic Production

0.0%

10. 0%

20. 0%

30. 0%

40. 0%

50. 0%

60. 0%

70. 0%

80. 0%

90. 0%

100. 0%

0.0

5.0

10. 0

15. 0

20. 0

25. 0

30. 0

35. 0

0.0%

10. 0%

20. 0%

30. 0%

40. 0%

50. 0%

60. 0%

70. 0%

0.0

2.0

4.0

6.0

8.0

10. 0

12. 0

14. 0

16. 0

18. 0

0.00%

10. 00%

20. 00%

30. 00%

40. 00%

50. 00%

60. 00%

70. 00%

0.0

5.0

10. 0

15. 0

20. 0

25. 0

0.0%

10. 0%

20. 0%

30. 0%

40. 0%

50. 0%

60. 0%

70. 0%

80. 0%

90. 0%

100. 0%

0.0

5.0

10. 0

15. 0

20. 0

25. 0

30. 0

Barging Floating crane

-0. 5

-0. 3

-0. 1

0.1

0.3

0.5

0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8

0.9

1.0

66

74 75 78

5 7 7 7

FY12 FY13 FY14 6M15

Barging (sets) Floating crane (units)

3.63

2.86 3.03 2.95

1.99 1.98 1.91 1.80

FY12 FY13 FY14 6M15

Barging Floating crane

6M14

US$74.7m

6M15

US$53.0m

Barging volumeMio t

Floating crane volumeMio t

Barging top 5 customers Floating crane top 5 customers

36.3%7.8%

CashUS$m

Net debtUS$m

Debt to equityx

18.0%26.4%

“MBSS has implemented a more structured system of managing working capital, through better funding mechanisms to generate a healthier and

more optimal cash position. Higher liquidity levels also provided with greater flexibility to accelerate its business development when market

conditions and the macro-economy recover”

49% of shares held by public, comprising of institutional, mutual fund and individual investors

“Most of of public shareholders are institutional investors”

52-week share performance (May’14 - Jun’15)

HighestLowestAverage

1,505715

1,036

Dividend payment

Payment date18 Jul. 201231 Jul. 201319 Jun. 201427 May 2015

Dividend distributedRp43 per shareRp50 per share

US$0.0055 per shareUS$0.00920275/share

Payout ratio30.5%24.6%25.0%80.0%

0

200

400

600

800

1000

1200

1400

1600

1800

Ap

r-1

1

May

-11

Jun

-11

Jul-

11

Au

g-1

1

Sep

-11

Oct

-11

Nov

-11

Dec

-11

Jan

-12

Feb

-12

Mar

-12

Ap

r-1

2

May

-12

Jun

-12

Jul-

12

Au

g-1

2

Sep

-12

Oct

-12

Nov

-12

Dec

-12

Jan

-13

Feb

-13

Mar

-13

Ap

r-1

3

Ma

y-1

3

Jun

-13

Jul-

13

Au

g-1

3

Sep

-13

Oct

-13

Nov

-13

Dec

-13

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

Ma

y-1

4

Jun

-14

Jul-

14

Au

g-1

4

Sep

-14

Oct

-14

Nov

-14

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Ap

r-1

5

May

-15

Jun

-15