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

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

PT Saptaindra Sejati (SIS) ? Mining Contracting (100%)
In 4Q10, SIS?s performance was affected by long periods of wet weather conditions at Adaro?s mines and other customers? mines. SIS?s overburden removal increased 10% to 36.19 Mbcm while coal mining decreased 42% to 3.14 Mt.

The arrival of additional new and larger sized heavy equipment at Adaro?s mines helped to boost SIS?s overburden removal by 20% to 19.29 Mbcm. Meanwhile, SIS?s coal mining at Adaro?s mines declined 61% from that of 4Q09 to 1.24 Mt. (end of edited excerpt)

	Units	4Q09	4Q10	% Change
Overburden Removal	Mbcm	33.02	36.19	10%
Adaro	Mbcm	16.06	19.29	20%
Others	Mbcm	16.96	16.90	0%
Coal Mined	Mt	5.45	3.14	-42%
Adaro	Mt	3.18	1.24	-61%
Others	Mt	2.27	1.90	-16%

	Units	FY09	FY10	% Change
Overburden Removal	Mbcm	114.99	128.08	11%
Adaro	Mbcm	63.61	67.75	7%
Others	Mbcm	51.38	60.33	17%
Coal Mined	Mt	16.37	16.58	1%
Adaro	Mt	10.60	10.25	-3%
Others	Mt	5.77	6.33	10%