Adaro Energy update: PT Saptaindra Sejati (SIS) ? Mining Contracting

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

Coal Mining Contractor: PT Saptaindra Sejati (SIS)
Our mining and contracting subsidiary, SIS, is one of AI?s five mining contractors. AI was SIS?s largest customer, accounting for approximately 65% of SIS?s total overburden removal and approximately 72% of coal getting volume during 4Q13. The overburden removal at AI operations decreased 10% q-o-q and 7% y-o-y. The coal getting activity increased 12% y-o-y to help AI deliver 52 Mt in 2013. SIS will be the mining contractor for our newly acquired Balangan coal project in South Kalimantan. (end of edited excerpt)

SIS Operating Highlights
		Actual	Quarter on Quarter		Year on Year
	Units	4Q13	3Q13	% Change	3Q12	% Change
Overburden Removal	Mbcm	39.86	44.19	-10%	45.56	-13%
Adaro	Mbcm	25.87	28.79	-10%	27.88	-7%
Others	Mbcm	13.99	15.4	-9%	17.68	-21%
Coal Getting	Mt	7.32	7.33	0%	7.08	3%
Adaro	Mt	5.25	5.27	0%	4.69	12%
Others	Mt	2.07	2.06	0%	2.39	-13%

FY13 vs FY12
	Units	FY13	FY12	% Change
Overburden Removal	Mbcm	162.98	192.89	-16%
Adaro	Mbcm	103.21	119.39	-14%
Others	Mbcm	59.77	73.50	-19%
Coal Getting	MT	27.88	24.54	14%
Adaro	MT	17.74	15.98	24%
Others	MT	8.14	8.56	-5%