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

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

Coal Mining Contractor: PT Saptaindra Sejati (SIS) (100%)

In 3Q11, both SIS?s overburden removal and coal getting rose 52% and 50% to 47.34 Mbcm and 6.17 million tonnes respectively. The increase was due to capital expenditure for new and larger-sized heavy equipment to boost SIS?s production capacity. As of the end of 9M11, SIS had spent US$126 million in capital expenditure and other infrastructure spending. SIS is on track to achieve its total overburden removal target of 177 Mbcm and total coal getting target of 23.4 million tonnes for this year. (end of edited excerpt)

Year on Year	Units	3Q11	3Q10	% Change
Overburden Removal	Mbcm	47.34	31.08	52%
Adaro	Mbcm	27.99	16.87	66%
Others	Mbcm	19.35	14.21	36%
Coal Getting	Mt	6.17	4.12	50%
Adaro	Mt	4.12	2.61	58%
Others	Mt	2.04	1.51	35%
Quarter on Quarter	Units	3Q11	3Q10	% Change
Overburden Removal	Mbcm	47.34	41.56	14%
Adaro	Mbcm	27.99	23.66	18%
Others	Mbcm	19.35	17.90	8%
Coal Getting	Mt	6.17	5.59	10%
Adaro	Mt	4.12	3.71	11%
Others	Mt	2.04	1.88	9%
9H11 vs. 9H10	Units	9M11	9M10	% Change
Overburden Removal	Mbcm	123.93	91.89	35%
Adaro	Mbcm	70.79	48.46	46%
Others	Mbcm	53.13	43.43	22%
Coal Getting	Mt	16.64	13.44	24%
Adaro	Mt	11.00	9.01	22
Others	Mt	5.65	4.43	28%