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 Friday. (ed)

PT MBP is a key barging contractor to AI, providing a modern fleet of tugs, barges and self-propelled barges, which carry coal from Kelanis to the Taboneo anchorage, the IBT terminal and direct barging to our domestic customers. In 4Q12, the increase in total coal barged was mainly attributed to higher coal volume from AI, as MBP took over volume from a third party barging contractor when the contractor?s term expired. Meanwhile, the increase of total coal loaded was due to higher volumes from AI and more vessels loaded. (end of edited excerpt)

?	?	Actual	Quarter on Quarter		Year on Year
?	Units	4Q12	3Q12	% Change	4Q11	% Change
Total Coal Barged	Mt	7.32	6.57	11%	4.22	73%
Adaro	Mt	6.92	6.23	11%	3.94	76%
Others	Mt	0.40	0.34	19%	0.28	44%
Total Coal Loaded	Mt	4.90	3.48	41%	3.85	27%
Adaro	Mt	4.90	3.48	41%	3.85	27%
Others	Mt	-	-	-	-	-

?

FY12 vs. FY11
?	Units	FY12	FY11	% Change
Total Coal Barged	Mt	22.48	15.82	42%
Adaro	Mt	21.47	14.31	50%
Others	Mt	1.01	1.51	-33%
Total Coal Loaded	Mt	15.62	13.60	15%
Adaro???	Mt	15.61	13.53	15%
Others	Mt	0.00	0.07	-96%