LEARNING
ORGANIZATION DI
PERTAMINA
FELICIA REGINA (2220011024)
MANAJEMEN PENGETAHUAN
1 LEARNING ORGANIZATION
2 PT PERTAMINA
DAFTAR ISI
3 IMPLEMENTASI L.O. DI PERTAMINA
4 KESIMPULAN
3
APA ITU LEARNING ORGANIZATION ?
4
1
LEARNING ORGANIZATION
2 PT PERTAMINA
DAFTAR ISI
3 IMPLEMENTASI L.O. DI PERTAMINA
4 KESIMPULAN
5
PT PERTAMINA Pertamina adalah Perusahaan BUMN
yang bergerak di bidang energi dan
penyumbang deviden terbesar di
Indonesia. Memiliki bisnis dari hulu
sampai hilir yang terintegrasi, mulai dari
Eksplorasi dan Produksi, Pengolahan,
Distribusi dan Pemasaran, yang
berdasarkan tata nilai AKHLAK sebagai
core values.
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1
LEARNING ORGANIZATION
2 PT PERTAMINA
DAFTAR ISI
3 IMPLEMENTASI L.O. DI PERTAMINA
4 KESIMPULAN
15
Financial Highlight
“Financial
(1/3) figures improve significantly, align with economic
recovery”
Profit &
FY FY YoY Key FY FY YoY
Loss
2020 2021 Parameter
(USD % 2020 2021 %
Revenue 41.47 57.51 Forex Rate1) (USD/IDR) 14,572 14,312 -2%
Billion) 39%
Cost of sales and operating 37.37 52.55 ICP1) (USD/Bbl) 40 68
41% 70%
expenses
Operating Profit 4.10 4.96 21%
Net Income/(Loss) 1.05 2.05
Highlights
95%
EBITDA 7.61 9.26 • Higher oil & gas lifting and product sales contribute
22%
Financial
FY FY YoY to the higher revenue, supported by the oil price.
Positions
(USD Billion) 2020 2021 %
Cash 9.94 10.93 10% • However, oil price increase also impacted cost of sales
Total Assets 69.14 78.05 13%
and operating expenses. Several strategic actions were
Debt 19.40 22.29
taken during the period to address this challenge.
15%
Loans & bonds 17.53 20.62 18% • 2021 has shown Government's consistent support to
Leases 1.87 1.66 -11% Pertamina, especially in downstream operations by
Total Liabilities 37.89 44.72 18%
recognizing compensation and payments for price
Total Equity 31.25 33.33 differences .
7%
Yearly Average
1)
8
Sources: Consolidated Financial Statements as of December 31,2021, RKAP Report Q4 2021, and team
Financial Highlight
(2/3) Government support through payment and new
“Strong
policies”
Receivables from recognition of disparity selling price (include
tax)
USD Billion Highlight
s
• Compensation recognized for 2021
2.10
was at USD4.72 billion.
5.87
4.72
• The Government has paid around
USD2.10 billion for 2018 and
2019 compensation receivables.
3.25
This shows Government continuous
support to Pertamina.
Sources: MSRKAP December 2021/2020, Net/Loss Performance December 2021, RKAP Report Q4 2021, and team 9
analysis
Disclaime
r
By attending the meeting where this presentation is made, or by reading the presentation materials, you agree to be bound by the following limitations: The information in this
presentation has been prepared by representatives of PT Pertamina (Persero) (together with its subsidiaries, the “Company”) for use in presentations by the Company at investor
meetings and does not constitute a recommendation regarding the securities of the Company or any of its affiliates. No representation or warranty, express or implied, is
made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information, or opinions contained herein. Neither the Company
nor any of the Company's affiliates, advisors or representatives shall have any responsibility or liability whatsoever (for negligence or otherwise) for any loss howsoever
arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. The information set out herein may be subject to updating,
completion, revision, verification and amendment and such information may change materially. This presentation contains data sourced from third parties and the views of third
parties. In replicating such data in this presentation, the Company makes no representation, whether express or implied, as to the relevance, adequacy or accuracy of such
data. The replication of any views in this presentation should be not treated as an indication that the Company agrees with or concurs with such views. This presentation is based
on the economic, regulatory, market and other conditions as in effect on the date hereof. It should be understood that subsequent developments may affect the information
contained in this presentation, which neither the Company nor its affiliates, advisors or representatives are under an obligation to update, revise or affirm. The information
communicated in this presentation contains certain statements that are or may be forward-looking. These statements include descriptions regarding the intent, belief or current
expectations of the Company or its officers with respect to, among other things, the operations, business, strategy, plans, goals, consolidated results of operations and financial
condition of the Company. These statements typically contain words such as “expects,” “plan,” “will,” “estimates,” “projects,” “intends,” "anticipates" and words of similar
import. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which
the Company will operate in the future. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances
that will occur in the future. Any investment in securities issued by the Company or any of its affiliates will also involve certain risks. There may be additional material risks
that are currently not considered to be material or of which the Company and its advisors or representatives are unaware. Against the background of these uncertainties,
readers should not rely on these forward-looking statements. The Company assumes no responsibility to update forward-looking statements or to revise them to reflect future
events or developments. This presentation and the information contained herein do not constitute or form part of any offer for sale or subscription of, or solicitation or
invitation of any offer to buy or subscribe for, any securities of the Company, including any notes to be issued under the Company’s global medium term note program (the
“Notes”), in any jurisdiction. Any decision to purchase or subscribe for any securities of the Company, including the Notes, should be made solely on the basis of information
contained in the offering memorandum (as supplemented or amended) issued in respect of the offering of such securities (which may be different from the information contained
herein) after seeking appropriate professional advice, and no reliance should be placed on any information other than that contained in the offering memorandum (as
supplemented or amended). This presentation is confidential and the information contained herein are being furnished to you solely for your information and may not be
reproduced or redistributed to any other person, in whole or in part. In particular, neither the information contained in this presentation nor any copy hereof may be, directly
or indirectly, taken or transmitted or distributed. The information contained in this presentation is provided as at the date of this presentation and is subject to change without
notice.
2
Financial Highlight
“The
(3/3)ratios remains
stable” 18.35
8.63 % 16.09
2.53
3.56%
% % Highlight
%
• Despite the difficulties,
9.89%
Pertamina’s
Profit Margin Operating EBITDA profitability ratios remain stable.
Margin Margin • Financial covenants and ratios are all
10.59 0.34 62.08 66.87 in good shapes and reflecting good
0.30
8.51 % % serviceability on the debt, such as
DSCR, Debt to EBITDA, EBITDA to
Interest, etc.
Sources: MSRKAP December 2021/2020, Net/Loss Performance December 2021, RKAP Report Q4 2021, and team 11
analysis
Operational Highlight
(1/4) Highlight
Upstrea FY 2020 FY
•s Production and lifting increased by
2021
m 4% and 3%, contributed by Rokan
Block and overseas assets.
863 +3.94% 897 • 12 exploration and 350 exploitation
Oil & Gas 408 445 wells have been drilled.
Production 455 452 • Resource findings (2C)
MBOEPD 486.70 MMBOE, and
reached
+3.41% Oil additional
proven reserves (P1) reached
704 728 Ga 623.47 MMBOE.
368 399 s
Oil & Gas
Lifting 336 329 Highlight
MBOEPD
Refining & •s Refiner production increased
Petrochemic yresponse tointhe rising demand due
FFY 2020
to
al pandemic recovery.
FFYY22002211
• 3%,
Yield of
duevaluable
to crude
productand
increased
product
Total optimization strategy
by crude
+0.74%
Production through &
selection
MMbbl 294 296 substitution.
+2.58%
Sources: MSRKAP December 2021/2020, Net/Loss Performance December 2021, RKAP Report Q4 2021, and team 13
analysis
Operational Highlight
(3/4)
Ga FY FY
2020 2021
s +4.92% Highlight
303.08 317.98 s• Gas sales and transport
Gas significantly
improved due to the increase
Sales in
demand from commercia
TBTU retail customers. and l
+7.36%
459.51 493.33
Gas
Transport
BSCF
04 05 06
Cost & Cash Low Carbon Projects Unlock Value Program
Optimization In 2022, PNRE plans to In 2022, several entities or the
Cost Optimization targeted in 2022 produce 7,138 GWh of group are accelerating their
is up to USD 600 million contributed electricity or 52% higher progress of unlocking business
by cost saving, revenue growth, and compared to 2021 realization. through IPO, strategic
cost avoidance. Supported by higher installed partnership and M&A.
Cash optimization is maintained by capacity which is targeted up
several efforts including
communicating subsidy &
to 2.9 GW or 84% higher than
compensation payment to 2021 realization
government.
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1 LEARNING ORGANIZATION
2 PT PERTAMINA
DAFTAR ISI
3 IMPLEMENTASI L.O. DI PERTAMINA
4 KESIMPULAN
Pertamina’s Commitment to
• Pertamina received an ESG Risk Rating by Sustainalytics of 28.1 and was assessed to be at Medium risk. Pertamina sits the 8th position in the
Sustainability
integrated Oil & Gas sub-industry.
• Pertamina has set a target of 30% emission reduction in 2030, versus our 2010 baseline and has succeeded in reducing greenhouse gas (GHG)
emissions by
7.4 million metric tons of carbon dioxide equivalents.
ESG Pertamina Sustainability Environmentally Friendly
Performance Policy Company
“PERTAMINA’s ambition is to be a Socially Responsible
leading and reputable Global Company
Energy Company and to be Good Governance
recognized as: Company”
Pertamina Sustainability Strategy (10 Sustainability
Focuses)
Emission
Reduction
7.4
Emission Reduction (MTOE)
ALL
BLUE CARBON
I N I T I AT I V E S
20
Confidential and Proprietary
Thank
You
21