Adaro Energy update: Maritim Barito Perkasa

The following is an edited excerpt from IDX-listed energy firm PT.Adaro Energy 's quarterly report released on Tuesday. (ed)

In 2Q12, coal barged increased 26% to 4.68 million tonnes mainly due to additional investment in barges and tugs by MBP. As of the end of June 2012, MBP invested US$9.7 million to purchase two barge sets and four units of tug boats to support its growth. Total coal loaded increased 63% to 4.17 million tonnes due to increase coal volume from Adaro. (end of edited excerpt)

		Actual	Quarter on Quarter		Year on Year
	Units	2Q12	1Q12	% Change	2Q11	% Change
Total Coal Barged	Mt	4.68	3.92	19%	3.71	26%
Adaro	Mt	4.47	3.85	16%	3.20	40%
Others	Mt	0.20	0.07	190%	0.51	-60%
Total Coal Barged	Mt	4.17	3.06	36%	2.56	63%
Adaro	Mt	4.17	3.06	36%	2.56	63%
Others	Mt	0.00	-	0%	0.01	-47%

Year to Date: 1H12 vs. 1H11
	Units	1H12	1H11	% Change
Total Coal Barged	Mt	8.60	7.06	22%
Adaro	Mt	8.32	6.13	36%
Others	Mt	0.27	0.94	-71%
Total Coal Barged	Mt	7.23	5.53	31%
Adaro	Mt	7.23	5.46	32%
Others	Mt	0.00	0.07	-96%