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 Thursday. (ed)

In 4Q14, AI accounted for 64% of SIS?s total overburden removal and 67% of coal production. In 2014, AI accounted for 64% and 70% of SIS?s total overburden removal and coal production, respectively. AI remains SIS?s largest customer. In 2014, SIS handled the mining activities at Balangan Coal and continues to prioritize serving the Adaro Group. (end of edited excerpt)

	Units	4Q14	3Q14	4Q14 vs 3Q14	4Q13	4Q14 vs 4Q13	FY14	FY13	FY14 vs FY13
Overburden Removal	Mbcm	40.68	50.68	(20)%	39.86	2%	173.91	162.98	7%
AI	Mbcm	26.14	32.80	(20)%	25.87	1%	112.14	103.21	9%
Balangan Coal	Mbcm	1.73	1.55	12%	-	-	4.17	-	-
Others	Mbcm	12.81	16.33	(22)%	13.99	(8)%	57.60	59.77	(4)%
Coal Production	Mt	8.11	7.72	3%	7.32	11%	30.28	27.88	9%
AI	Mt	5.42	5.19	4%	5.25	3%	21.18	19.74	7%
Balangan Coal	Mt	0.44	0.33	33%	-	-	0.89	-	-
Others	Mt	2.25	2.20	2%	2.07	9%	8.21	8.14	1%