PUBLIC EXPOSEPT GRAHALAYAR PRIMAINTRODUCTIONTO TbkPT GRAHA LAYAR PRIMA Tbk.
19 December 2014
Blitzmegaplex Mall of Indonesia1SECTION 1: INTRODUCTION TO PT GRAHA LAYAR PRIMA Tbk

SECTION 2: INDONESIA’S MOVIE THEATRE INDUSTRYSECTION 3: DETAILED COMPANY OVERVIEWSECTION 4: GLP BUSINESS PLAN
SECTION 5: FINANCIAL OVERVIEW2SECTION 1: INTRODUCTION TO PT GRAHA LAYAR PRIMA Tbk

SECTION 2: INDONESIA’S MOVIE THEATRE INDUSTRYSECTION 3: DETAILED COMPANY OVERVIEWSECTION 4: GLP BUSINESS PLAN
SECTION 5: FINANCIAL OVERVIEW

3Company overview – PT Graha Layar Prima Tbk(“GLP”)"Movies andBeyond"Robust GrowthEmbrace the concept of1-stop entertainment hubWorld-class theatres

BlitzShoppeTrend Setter

12 locations with over 17,000
seats in 8 years
5-year CAGR of 21%* forrevenues and admissions

Differentiate with leading
technology and taste
 4DX
 STARIUM
 Velvet & Satin class

VisionProvide customers withdifferent choices
Contributed to arecovery of the cinemaindustry, post-monopolyera

Strong Values

To be the first choicefor unforgettablecinematic experience

Mission*Include Blitztheater (franchise)

Impact Maker
Provide unforgettableentertainment
experiences through acombination of products
and exceptional
servicesExcellence
Cooperation
Innovation

4

Group structure

PT Layar
Persada48.24%

IKT
Holdings
LimitedCJ CGVCo. Ltd14.75%

14.75%PT Pangea
Adi Benua
0.16%

PT Catur
KusumaAbadi Jaya
0.05%

OtherShareholders*

22.04%PT Graha Layar Prima Tbk
99.82%PT Graha Layar Mitra*Include all other shareholders whose ownership less than 5%5Organizational structure
BOARD OFCOMMISSIONERS
Audit Committee
BOARD OF DIRECTORS
President Directors

Corporate
Secretary

Director ofFinanceInternal Audit

Director ofMarketing &Operations

Director ofBusinessDevelopment

Director of
Human Resources &Public Relations

6

A solid team of directors and commissioners tolead us
Bratanata Perdana
President Commissioners
Mr. Perdana is still active in his role as Partner ofSingapore based Quvat Management, having previously
held the position of CFO of PT Adaro. Mr. Perdana
graduated from the University of Seattle with a Master ofBusiness Administration.

H. Rosihan Arsyad
Independent Commissioner
Mr. Rosihan Arsyad was the former Governor of SouthSumatra. He also currently holds the position ofPresident of United in Diversity Forum and President
Commissioner of PT Softex Indonesia.

Bernard Kent Sondakh
President Director
Prior to his position as President Director of PT GLP Tbk.,
Mr. Sondakh was the Indonesia Navy Chief of Staff from2002 to 2005. Mr. Sondakh graduated from the Naval
College in 1970.

Jong Kil Lim
Director
Mr. Lim brings with him expertise in the cinema
industry having been the President Director of Global
Business Division of CJ CGV Co. Ltd and President
Director of CJ CGV China Co. Ltd for 7 years. Mr. Lim
is a graduate from Korea University.

Yong Sook Kwon
DirectorMr. Yong has been with the Company since 2014.
Currently, he also served as Associate at Jipyong,Corporate Team, Seoul, Korea since 2006. He has anextensive experience in law such and received hisMasters in Law from the University Boston University,
School of Law, Boston, MA, USA in 2011.

Johan Yudha Santosa
Director
Mr. Santosa is also the Commissioner for PT PremierQualitas Indonesia and PT Cardig Air. Prior to his
directorship position in GLP, Mr. Santosa has
extensive experience in capital market, financial
services, and logistics industry. Mr. Santosa received
his Accounting degree from Universitas Brawijaya.

Ferdiana Yulia Sunardi
Independent DirectorMrs. Sunardi has been with the Company since 2006,
holding the position of Marketing Director since May
2012. Beforehand, she was the Head of Sales for theCompany and Manager of Marketing. Mrs. Sunardi
graduated from University of Amsterdam in 2003.

7

Blitz has an established presence in Indonesia
Blitz has 8 Blitzmegaplexes and 4 Blitztheaters across Java, Sumatra, and Kalimantan
1. Paris Van Java – BDG

2. Grand Indonesia – JKT

3. Pacific Place – JKT

5. Teraskota Mall – TG

6. Central Park – JKT

9. Kepri Mall – BTM

10. Grand Galaxy Park – BKS

4. Mall Of Indonesia – JKT

7. Bekasi Cyber Park – BKS 8. Plaza Balikpapan – BPN

11. Harbour Bay – BTM

12. Mikko Mall - BDG

8

SECTION 1: INTRODUCTION TO PT GRAHA LAYAR PRIMA Tbk

SECTION 2: INDONESIA’S MOVIE THEATRE INDUSTRYSECTION 3: DETAILED COMPANY OVERVIEWSECTION 4: GLP BUSINESS PLAN
SECTION 5: FINANCIAL OVERVIEW9Indonesia’s cinema market remainsunderpenetrated compared to its peers
Admission per head in Indonesia
is way below other countries…

…which is caused by low number of screens(per million people)
37,5

3,97
25,7
2,21

1,94
0,80

0.23

0,350,36

Indonesia

China

Thailand Philippines Malaysia

2.9
India

Singapore

7,3Indonesia Philippines

10,7

8,8

India

China

12,3

Thailand Malaysia Singapore

Indonesia has high growth potential and remains underserved
Population (mn)Indonesia
250

Thailand67

Philippines
98

Malaysia
30

Singapore
5India
1,252

China
1,357

Nominal GDP (US$bn)

868

387272312

297

1,876

9,240

Nominal per Capita GDP (US$)

3,475

5,779

2,765

10,51455,182

1,499

6,807

Mobile Subscribers (mn)

303

92

103

428886

1,229

Mobile Penetration

121%

137%

105%

141%

148%

71%

91%

Box Office Market (US$mn)

156

119

163

197

148

1,594

2,705

No. of Screens

722

846

700

754

200

11,065

14,482

Population per Screen (‘000)

345

79

137

39

27

114

93

Admissions (mn)

55

25

76

57

21

2,780

470

Average Admission Price (US$)

2.82

4.78

2.15

3.46

7.01

0.57

5.76

Source: Screen Digest (2013), World Bank report (2013). Current number of screens in Indonesia (as of late 2014) has likely increased to 800+.

10Cinemas are concentrated in large cities in Java, withsmaller cities and many provinces underserved
Only 34 out of the 80 largest cities have major cinema chains, with 11 provinces not having major cinema chains at all

Java
Population# of Cinema

Sumatra137 million
120+ cinema

Population# of Cinema

Kalimantan

51 million
19+ cinema

Population# of Cinema

14 million
8+ cinema

Sulawesi
Population# of Cinema

17 million
7+ cinema

MedanBatam

1 CinemaSamarinda

2 Cinema

3 Cinema

Palembang

4 CinemaBalikpapan

5 Cinema

Tangerang

6 Cinema

Jakarta

7 Cinema
9 Cinema
11 Cinema

53 Cinema

BekasiSemarang

Makassar

Surabaya

Depok
BogorBandung

Yogyakarta

SoloMalang

Source: Web research (November 2014), estimated from # of cinema of three key players. Actual number is likely to be higher.

11But country demographics paint a promising
picture for the future
GDP per capita has expanded, providing moredisposable income and driving consumption…
$USD thousands
4,5Real GDP per capita

3,02,0… supported by a young population
below the age of 30

2,1

2,2

2,2

2,3

2,4

2,6

2,7

2,82,9

3,1

3,2

3,4

17,2%
29,5%

1,5-2001 02

03

0405

06

070809101112 2013

0-29
30-49

53,3%

50 and above

Source: Business Monitor International, World Bank

Indonesia is poised for growth in consumer sector creating potential market for Cinema Industry
Middle Affluent Class (MAC)* Population (millions)

160
120
80

74

12MAC
Population(2012)

GreaterJakarta

23141

555Kalimantan

Sulawesi

Rest ofIndonesia

1740
0Rest ofJava

SumatraSource: BCG‘s 2013 Report – Asia‘s Next Big Opportunity: Indonesia‘s Rising Middle-Class and Affluent Consumers

MACPopulation(2020)* Middle Affluent Class spends monthly household expenditure of over Rp.2 million*SECTION 1: INTRODUCTION TO PT GRAHA LAYAR PRIMA Tbk

SECTION 2: INDONESIA’S MOVIE THEATRE INDUSTRYSECTION 3: DETAILED COMPANY OVERVIEWSECTION 4: GLP BUSINESS PLAN
SECTION 5: FINANCIAL OVERVIEW

13

Two brands allow for maximum flexibility inexpansion
The 2 main franchises – Blitzmegaplex and Blitztheater – are central to our business modelOwnership

100% owned by PT GLPJoint Operation with Mall Owner

Locations

8 locations as of November 2014

4 locations as of November 2014

Operational PracticeAll business activities are under
PT GLPPT GLP provides know-how,supervision and leverage its
network to mall owner

PT GLP bears all costs for Capex
and Working Capital

PT GLP receives certain
royalties / fees from Mall owner;
mall owner bears all Capex andWorking Capital

Financial Practice14

Blitz has ramped up its presence since 2006
2006

2007

PVJ

2008

20092010

2011

2012

2013

2014

GIPPMOITKCPBCPBPNBTM

GXY

HB

MIKO

118

10

910

96

444

7

11

22

30

40

49

59

68

74

78

82

86

93

2,297

2,989

1,116

1,890

1,720

1,925

1,628

929

642

642

632

1,276

Cumulative
2,297
seats

5,286

6,402

8,292

10,012

11,937

13,565

14,494

15,136

15,77816,41017,686

Screens
Cumulative
screens
Seats

Examples ofOperational
Improvement
Initiatives

111

ModernDesignFull stadium
seating;
allowing
optimumviewingexperience

Blitzcard andOnline Ticket
Purchase
Pre-paid card topurchase tickets
online and at an
Automatic Ticket
Machine(BCM/BTM)

Mobile Ticketing
Online purchasesystem using
mobile phone
BoxconTickets andconcession are sold in
one POS to be more
efficient

GI Area
Efficiency
Blitz
returned
752m2 ofleased area
at GrandIndonesia
mallBCP
Opening
Successfullyrolled out themostefficiently
built Blitz
cinema todate

Introduction of Blitztheater :A cinema joint venture between
PT GLP and local mall owners.
The first two franchise locations
were opened in Balikpapan andBatam, and two additional
locations followed

1 At its opening in 2006, PVJ featured 9 screens. In November 2013, PVJ opened 2 additional velvet auditoriums.

15

Blitz provides innovative and high quality experiences
to consumers
The Blitz Difference• Largest screens in Indonesia• Up to 11 screens per location• Stadium seating for unobstructed view
• THX-certified state-of-the-art audio system• Wide range of movies• Other features include: event hosting, merchandise
store

Satin ClassStandard Class• Range from 128 – 551
comfortable seats perauditorium• 5-6 shows a day• Dolby cinema system ineach auditorium• 3 auditoriums with over500 seats each available
at GI and MOIVelvet Class• 2 Satin class auditoriums
with 52 reclining seats ineach• 6 Velvet classauditoriums with 34-42
luxury sofabeds in each

• Satin Lounge• Fluffy pillows• Exclusive Ticket Box• Warm and comfy blanket• Available at Grand
Indonesia andBalikpapan• Available at PacificPlace, Mall of Indonesia,
Central Park, and Paris
Van Java

16

The latest innovations from Blitz
Sweet Box

4DX

• Mini red sofa without armrest for added comfort
when watching movies. Cater customers’ need for
spacious seat (for couple, mom and kids)• A four-dimensional film experience for the first time inhistory. Special effects such as wind, fragrances, water,and moving chairs make patrons feel like they’re part ofthe action• Located at the back row of each auditorium• Available at Harbour Bay and Miko Mall

• Available at Mall of Indonesia, Grand Indonesia, Central
Park and Paris Van Java

17

Our initiatives attract new customers andreward loyal ones
Over a quarter million Blitzcard holders, of which the vast majority are regular users;
Blitzcard accounts for approximately one of four ticket purchases
1. Blitzcard• Prepaid card that can be used for alltransactions at Blitz• Benefits include online purchase, no queuing,
discount at other merchants, and reward
points that can be exchanged for snacks,
beverages, movie tickets
2. Bank Promo
Built relationships with banks that allow
customers to get special discounts such as
buy 1 get 1 free, discount up to 50% for movie
tickets, etc
3. Others
Other promotional activities that target specificlocations and specific market, such as: Savingon Tuesday, Student Promotion, Residential
Promotion, Family Movie Time, etc18

Blitz CSR: our way of giving back to the movie
community
Toto Film Making Class 2014 for Students• Workshop for students about end-to-end process of film
making, collaboration of Blitz with CJ CGV and KOICA(Korea International Cooperation Agency)• This activity will take place for 2 years period with total of 8times training activities in Jakarta and Bandung, working
together with local schools (free of charge). In 2014, the firstclass was held in November 2014, at SMK 57 Jakarta.

Film Festivals••••Thai Film Festival (12 – 14 September 2014)
Korea Indonesia Movie Festival (23 – 28 October 2014)
Korea ASEAN Cinema Weekend (7-9 November 2014)
JiFFest 2014 World Cinema (15 November 2014)

19Blitz CSR: our way of giving back to the movie
community
Nobar 1000 Children with Special Needs (Disability)
In commemoration of the International Disability Day, Blitz in cooperation with Dinas Sosial North
Jakarta, held Nobar with 1,000 children with special needs in Blitz Mall of Indonesia on December 3,
2014. During this event, students of SLB North Jakarta gathered to watch a movie: I AM STAR. As ahost, Blitz also held fun games for all visitors, giving away Blitz voucher and t-shirts
Blitz received a record from the Indonesian Record Museum (MURI) for this event, as a party thatprovide venue for 1,000 children with special needs. Through this event, Blitz aims at sharinghappiness and giving motivation to the children to keep on contributing their talents to the country.

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SECTION 1: INTRODUCTION TO PT GRAHA LAYAR PRIMA Tbk

SECTION 2: INDONESIA’S MOVIE THEATRE INDUSTRYSECTION 3: DETAILED COMPANY OVERVIEWSECTION 4: GLP BUSINESS PLAN
SECTION 5: FINANCIAL OVERVIEW

21

In 2014, Hollywood movies did not perform as well as
they did in the previous year
GLP* admissions in 2014 are lower than those in 2013
Admissions as of 3Q2013

Thousands(‘000)

700

600

Thousands(‘000)

700

644

Total admissions
were 3.7 million

600

543

510
500

400

304

284
244

300

200

200

100

100

-495

January

February

March

April

May

June

July

August September*Does not include Blitztheater.
Most revenue is derived from Blitzmegaplex theaters that are owned by GLP

-530

439
390

400

330
300

Total admissions
were 3.6 million

500

444

412

Admissions as of 3Q2014

416392342
291

January265

February

MarchApril

May

June

July

August September

22With increasing rental prices in key strategic area,
Blitz may face challenges in securing future sites
Competition will also intensify with the entrance of new player
Average rental rates in Jakarta(per m2 per month)
IDR Thousand

Increasing rental rate850•

675

Rental price at key cities and strategic locations isincreasing, and this trend is expected to continue inthe future

Newcomer in the industry•

500

The recent entry of new player – strongly supported
by property conglomerate, will also bring anotherchallenge in securing potential sites

3251502008

2009
CBD

2010

2011

Average

2012

2013

2014
YTD

Outside CBD

Source: Colliers international – research and forecast reports Jakarta (Q3 2014)23

In 2015, Blitz will again “raise the bar” in Indonesia’s
cinema industry by introducing Starium• Digital projection technology capable of 4 times higher
resolution than the average digital screen resolution• The largest fixed projection screen, surpassing IMAX,
measuring 31.1m x 13.9m (a traditional IMAX screen
measures 22m x 16m, giving Starium a larger area byabout 80 m2)• Available at Grand Indonesia by Q2 201524

We also develop value-added initiatives
Through relationships with distributors, Blitz is expanding its portfolio to include alternate contentConcerts••

Blitz began screening concerts in 2011
Has screened 8 concerts

Sports••Screened the World Cup in 2010 and Barclays
Premier League in 2014
Plans to continue to screen sports events

25

Blitz will continue to solidify presence inIndonesia
through further site expansion …

.. and enhancement in current sites• Build additional sites in key markets
including Jakarta, Bandung, Surabaya,
and Yogyakarta• Establish Grand Indonesia as GLP’sflagship theatre by upgrading auditorium tothe latest technology (4DX and Starium)and enhancing its supporting facilities• Further expand to potential 2nd and 3rd tiercities such as Cirebon and Karawang• Improve area efficiency of current sites

26

SECTION 1: INTRODUCTION TO PT GRAHA LAYAR PRIMA Tbk

SECTION 2: INDONESIA’S MOVIE THEATRE INDUSTRYSECTION 3: DETAILED COMPANY OVERVIEWSECTION 4: GLP BUSINESS PLAN
SECTION 5: FINANCIAL OVERVIEW

27

Robust revenue and admissions historical growth
Strong revenue and admissions growth over 5 years
Revenue* Breakdown

Admission* Breakdown

Thousands(‘000)

IDR billions

350

6.000

5.643

301

300

5.000

4.266

62
250
200

154

150

115
100

24

21
36

31
36068
2008

59

44

174
150
2248

2009

Box Office

107

2010

97

2011

Concession*Include Blitztheater (franchise)

353

4.000

3.000

48

2.190
2.000
180

97

23

31

23
50

227

223

65

131

2012

2013

Others

156

YTD
SEPT
2014

1.000

-PVJ

3.120

3.208

294

348
457

682

145
359

391

782

848

2.996
192
555

587

391

383

474
167

695611

817
465

4.427

944

831

802
513
686
277
742

615

454

297

577

844

738

605

827

917

2008

2009

2010

2011

2012

2013

CPBCP

MOI

TK

220
709

905

PP

639

744

904

GI

345

652

YTD
SEPT
2014
Blitztheater28Consolidated* historical financials – income statement
High compounded annual revenue growth of 21% since 2008 in a still underpenetrated market
indicates robust growth potential for the future

IDR mm

2011

2012

2013

Sep-13

Sep-14

Net revenue

150,076

223,324

300,948

228,649

227,190

Gross profit

91,418

136,572

184,282

143,041

123,832

EBIT(76,609)(31,669)(9,263)

2,334(41,826)

EBITDA(36,560)

4,909

26,752

28,778(9,374)

Net income

8,714

115,381(12,223)(3,739)(33,361)*Include Blitztheater (franchise)29

Consolidated* historical financials – balance sheet
IDR mm

2011

2012

2013

Sept-2014

Current assets

63,84173,519341.044334.411

Non-Current assets

355,744286,698

294.091

320.409

Total assets

419,585

360,217635.135

654.821

Current liabilities

247,938

62,376597.476133.295

Non-Current liabilities

778,045788,857

6.636

8.503

Total liabilities

1,025,983

851,233

604.112141.799

Total equity and MI(606,397)(491,016)

31.023513.021

Total liabilities & equity

419,585

360,217635.135

654.821*Include Blitztheater (franchise)
Note: as of September 2014, Blitz has no debt

30

Disclaimer: The information contained in this document is intended only for use during the presentationand should not be disseminated or distributed to parties outside the presentation. All projections arebased on estimation, the realization thereof may deviate from the projection. PT Graha Layar Prima Tbk.
accepts no liability whatsoever with respect to the use of this document or its contents.

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