Wika Corporate Report 2017 Dream Believe Achive Table of Content
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DREAM BELIEVE ACHIEVE WIKA CORPORATE REPORT 2017 DREAM BELIEVE ACHIVE TABLE OF CONTENT WIKA TODAY 02 HIGHLIGTS 04 MESSAGE FROM PRESIDENT DIRECTOR 08 BOARD OF DIRECTOR 10 FINANCIAL HIGHLIGHT 14 OPERATION AREA 16 BUSINESS LINES 20 BUSINESS PORTFOLIO 21 MILESTONE 24 VISION AND MISSION 27 CORE VALUES AND STRATEGY 28 CORPORATE VALUES 29 HUMAN CAPITAL 30 GOOD CORPORATE GOVERNANCE 34 CORPORATE SOCIAL RESPONSIBILITY 38 AWARDS AND CERTIFICATION 42 2 WIKA Corporate Report 2017 Increased by WIKA Dare To Dream Is the notion that WIKA has the will, imagination, vision, and 14.87% the expectation of what to achieve in the future. By 2020, Total Equity to USD 1,093.23 Million as of Desember 31, 2017 WIKA aspires to be one of the Best EPC and Investment TODAY Integrated Companies in Southeast Asia. Increased by Believe 67.06% to USD 1,955.80 Million Sales WIKA dares not only to dream, but WIKA has Believe (brave as of Desember 31, 2017 with the believe that WIKA is able to answer the challenges of the dream with real action). The Company Wheels are not only limited to the courage to dream, but also the dream Amount to dare. What’s the point of having a dream, if you do not dare to realize it. Vice versa, why dare if you do not have a dream. The dream of becoming a leading company must be USD 3,168 Million accompanied by hard work to make it happen. New Contract Achieve Increased by WIKA can say they have been successful because WIKA 45.70% had a dream and was willing and able to Achieve (realizing to USD 3,413.31 Million Total Assets the promise that it believed together through real work) as of Desember 31, 2017 Furthermore, WIKA must be ready for all the risks it faces, and be strongly confident to answer all the challenges and obstacles it faces with brilliant work strategies and Increased by implementation. 28.04% to US$ 7,967.88 Million as Order Book of Desember 31, 2017 2018 Vision Infrastructure development remains a priority for the Dream, Believe, Achieve Indonesian government in efforts to achieve quality economic Increased by growth. Considering the opportunities in construction, After 58 years of being active in infrastructure development into precast concrete manufacturing, WIKA had already in its homeland, PT WIJAYA KARYA (Persero) Tbk. [WIKA] established a number of concrete factories in various regions its expertise, and capabilities, WIKA is optimistic that the 13.52% has shown remarkable growth and development. From its across the archipelago. company will attain significant performance growth by to USD 89.81Million beginning as a company engaged in electrical installations as of Desember 31, 2017 the end of the fiscal year. WIKA will always innovate and Profit and water pipes, WIKA has transformed into one of the Many companies have dreams as high as the sky, wanting synergize in its aims to improve the quality and quantity of Attributable best engineering services, procurement, construction and to become leading companies in terms of operational to Parent its operations and ensure the right targets are set and met. investment company. performance, finance, with large number of employees and Entity Owner such forth. But in practice, many show that it’s all just a plan, During its journey of almost 6 decades WIKA has always with corporate actions being carried out without direction been brave enough to try something new and measurable. and purpose. However, WIKA is different. Before other companies had even thought about moving 2 WIKA Corporate Report 2017 WIKA Corporate Report 2017 3 HIGHLIGHTS 2017 January 20 February 28 March 29 April 15 April 25 May 08 July 14 August 17 WIKA signed a cooperation WIKA won Best Rights Offering WIKA in cooperates with The Tanjung Priok Access Toll WIKA signed a memorandum Groundbreaking construction WIKA and KAJIMA Corporate President Joko Widodo agreement with PT Pembangunan Award in the category Best Matiere Bridge Building Road project was officially of joint venture agreement with project Asembagus Situbondo, signed an MOU for Research inaugurated the Semanggi Pariwisata Indonesia for the Packages Equity, at The Asset Indonesia, representative opened by President Joko Shirdo, a Trading Company and East Java sugar factory. and Development (R & D) The Interchange built by WIKA with construction of roads and parks Regional Awards 2016 held at of French steel company in Widodo on Saturday, April 15, Contractor from South Africa. signing was carried out by WIKA the Minister of Public Works in the Mandalika area and the Four Seasons Hotel, Hongkong. Indonesia. This cooperation 2017. The 11.4 kilometer long The signing was carried out by President Director Bintang Basuki Hadimuljono and arrangement of pearl house is marked by an MoC signing road is expected to provide Director of Human Capital & Perbowo and KAJIMA Excutive Minister of Transportation Budi buildings on the Kuta beach - made by WIKA Director of excellent competitiveness with System Development, Novel Vice President Masayasu Karya Sumadi. Praya, Lombok Tengah, NTB. Finance A.N.S Kosasih and the speed of goods services to Arsyad and Biston Nyoni, Kayano. Matiere Chairman, Philippe and from Tanjung Priok Port. Shirdo. Matiere, witnessed by French President Francois Hollande. September 07 September 12 October 16 October 20 November 28 December 04 December 19 WIKA received award as WIKA’s Subsidiaries successfully Republic of Niger President, H. President Joko Widodo WIKA received Indonesian Institute for President Joko Widodo inaugurated the President Joko Widodo inaugurated the Indonesia Champions for won Best State Owned E. Mr. Issoufou Mahamadou inaugurated the Nurul Bilad Corporate Directorship (IICD) award with Soreang - Pasir Koja toll road which is Surabaya - Mojokerto toll road IB, II & III ASEAN 2017 This award was Enterprise and Subsidiaries visited WIKA’s Head Office with Mosque located in Mandalika category of The Best State Own Enterproses expected to increase economic growth, sections The Toll Road was built by WIKA achieved after WIKA was chosen in Property Business Award Officials and a Delegation from Special Economic Zone (KEK), & Top 20 Big Capt Listed Company pada CG especially in the Soreang region and support connecting the city of Surabaya to the city of by the jury as a construction for Excellence Corporate Republic of Niger to and were Lombok - NTB. Conference and Awards. natural and agro tourism destinations in the Mojokerto and passes through four districts company that successfully Performance at BTN Golden welcomed by the Board of Bandung district. / cities, namely Surabaya, Sidoarjo, Gresik expanded its market abroad, Property Awards 2017. Directors and Commissioners. and Mojokerto. especially in ASEAN. This state visit was to recognize WIKA as a representatve from the Republic of Indonesia especially in the field of infrastructure development. 4 WIKA Corporate Report 2017 WIKA Corporate Report 2017 5 HIGHLIGHTS January 29 March 12 April 10 20 WIKA successfully lists Komodo bonds on the London Stock Exchange. WIKA’s Director of Operations III, Destiawan Soewardjono, receives WIKA is a key member of the delegation representing Indonesia WIKA’s “Komodo” bonds—bonds by which the Indonesian Rupiah a visit from the Afghan delegation. The highlight of the event was in the Indonesia Africa Forum (IAF). The Forum presented WIKA (IDR) is referred to— was oversubscribed by over 2.5 times, which the signing of the Memorandom of Understanding (MoU) which was with the opportunity to establish greater cooperation in the area demonstrates WIKA’s strong support and demand from global conducted by WIKA’s General Manager of Overseas Department, of infrastructure development with African countries. Discussion investors. The company raised 5.4 trillion Indonesian rupiah. Bond Yulianto along with the President Director of Haji Khalil Construction around sustainable development and infrastructure was fruitful, and proceeds will finance several key projects in WIKA’s portfolio that Ltd., Khalil Samar Gul. The agreement expresses the commitment WIKA’s plans and commitment to enabling a more prosperous Africa strategically align with Indonesia’s vision. both parties have towards a sustainable and successful future and connectivity was well received by the African delegation. 18 together in development. April 10 April 24 May 25 July 11 WIKA partners with Zimbabwe to develop housing that would improve WIKA hosts an annual General Meeting of Shareholders for the 2017 WIKA solidifies its commitment and signs a MoU as part of the WIKA has once again made it into the ranks of the 25 most socially the living standards of its citizens. WIKA executives met with delegates fiscal year. The panel of executives shared WIKA’s performance for Citra Consortium Manila-Taguig Express Way (MTEx) development responsible companies in 2018 at the Indonesia Green Company of the Zimbabwean government to discuss its plans to build several the year, the progress it has made in efforts to become one of the project in the Philippines. The project, an elevated toll road project Achievement event. The award presented to WIKA is a testament to housing developments in the country. The meeting reinforced the best EPC and investment integrated companies in Southeast Asia. in Manila worth US$830.41 million, is critical to strengthening Wika’s its success in the field of corporate social responsibility. partnership and WIKA’s commitments to help promote the country’s Shareholders also voted on critical agenda items proposed by the presence and portfolio abroad, especially in the ASEAN region, where economic development and growth. This housing project is one of management team. The meeting proved to be constructive and it has successfully completed several major projects such as the a multitude of projects in diverse sectors that the nation is actively productive and positions WIKA well for a successful fiscal year ahead. Limbang Cable Stay Bridge in Malaysia and the Maubin Pyapon Road pursuing in efforts to optimize the African market.