2016印度尼西亚邮政局年度报告（英文版）_435页_63mb

Summary of PT Pos Indonesia (Persero) Annual Report 2016

Core Content

PT Pos Indonesia (Persero) is a state-owned enterprise in Indonesia that has been undergoing a strategic transformation to adapt to the digital era. The report highlights the company's efforts to modernize its operations, enhance financial performance, and expand its business through partnerships and innovation.

Main Points

Strategic Transformation

• In 2016, PT Pos Indonesia (Persero) initiated a transformation to move away from conservative practices and embrace innovation.
• The company aimed to project multiplying wealth, strengthen its business, and become a Logistics Postal Giant from the East.
• The digitalization and e-commerce trends pushed the company to invest in new economic businesses and strategic opportunities.

Regulatory Changes

• Changes in the Law No. 38 of 2009 on Post intensified competition in the market.
• The company adapted its business model and management system to these changes.

Business Segments

• Mail and Parcel Services: The company reported a decline in mail production in 2016 compared to 2015, but continued to expand its services through partnerships with companies like Zalora, Blibli, and others.
• Financial Services (Pospay): The company implemented various payment services including:
  • Account to Cash with Artajasa
  • Cash to Account with BCA
  • Regional Tax Service
  • PDAM services
  • Motor Vehicle Tax Payment Service (PKB) in East Java
  • Top Up Grab with PT Grab
  • Umroh deposit with PT SBL
  • Generali Premium Collection
  • SMS Finance
  • BPJS Employment services
  • JD.ID Online Shopping
  • Bukalapak services
  • TASPEN pension payment account application
  • Smart Savings Accounts

Financial Performance

• Total Assets: Increased from Rp 5,062.24 billion (2014) to Rp 5,189.22 billion (2016).
• Net Profit: Fluctuated from Rp 213.14 billion (2014) to Rp 203.28 billion (2016).
• Equity: Increased from Rp 948.85 billion (2014) to Rp 1,054.25 billion (2016).
• Earnings per Share: Varied from Rp 472,169 (2014) to Rp 448,518 (2016).
• Financial Ratios:
  • Return on Equity (ROE): Fluctuated between 2.44% (2015) and 23.99% (2016).
  • Return on Investment (ROI): Increased from 6.47% (2012) to 9.27% (2016).
  • Cash Ratio: Varies between 78.01% (2015) and 88.68% (2016).
  • Current Ratio: Remained stable around 108.64% in 2016.
  • Total Asset Turnover: Increased from 75.04% (2012) to 97.37% (2016).
  • Equity to Total Assets Ratio: Increased from 16.71% (2012) to 20.33% (2016).

Stock and Bonds

• The company has not issued shares publicly or listed them on any stock exchange.
• The shares are fully owned by the Government of Indonesia (100%).
• No information is available regarding stock prices, bonds, sukuk, or convertible bonds.

Key Information

Operational Highlights

• Postal Mail Production:
  • 2012: 313,921 items
  • 2013: 401,124 items
  • 2014: 322,349 items
  • 2015: 112,520 items
  • 2016: 150,939 items
• Remittance Production:
  • 2012: 24,723 transactions
  • 2013: 26,762 transactions
  • 2014: 24,353 transactions
  • 2015: 13,222 transactions
  • 2016: 12,615 transactions
• Parcel Production:
  • 2012: 31,439 koli
  • 2013: 31,792 koli
  • 2014: 25,261 koli
  • 2015: 4,879 koli
  • 2014: 4,185 koli

Major Achievements in 2016

• Collaborated with Yayasan Dana Pensiun PT Telkom (Dapentel).
• Prepared Draft Perjanjian Kerjasama with Asuransi AXA.
• Partnered with Zalora and Blibli for regular shipment forwarding.
• Signed MOU with BUMN, educational institutions, and others.
• Participated in the tender for Kartu Indonesia Sehat (KIS) Personalization.
• Launched SMS notifications for postal money order services.
• Conducted joint promotions with Artajasa to improve Cash to Account services.
• Developed Instant Cash system for testing.
• Implemented ADO synchronization with WU.
• Launched Tabungan Cermat Laku Pandai.
• Renewed Cooperation Agreement with Bank Mantap for pension loan payments.
• Exploited TKI market to convert them into e-Batarapos customers in 25 offices.
• Continued TASPEN pension payment account application development.
• Revitalized KLKK offices in potential UPTs.
• Replaced MMU program with land lease pattern.
• Implemented SMS Finance services.
• Conducted verification and reconciliation of stamp duty management data.

Conclusion

The 2016 Annual Report of PT Pos Indonesia (Persero) showcases the company's strategic efforts to adapt to the digital transformation, improve financial performance, and expand its business through various partnerships and innovations. Despite the challenges posed by global economic uncertainty, the company has made progress in its core operations and financial services, positioning itself as a key player in the Indonesian postal and logistics sector.