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

Wednesday, February 1 2012 - 03:24 AM WIB

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

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

In 4Q11, both SIS?s overburden removal and coal getting increased 20% and 91% to 43.6 Mbcm and 6 million tonnes respectively. The increase was mainly due to capital expenditure for the arrival of new larger-sized heavy equipment to boost SIS?s performance. SIS spent US$139 million in capital expenditure and on other infrastructure in 2011. (end of edited excerpt)

Year on Year Units 4Q11 4Q10 % Change
Overburden Removal Mbcm 43.60 36.19 20%
Adaro Mbcm 25.15 19.29 30%
Others Mbcm 18.45 16.90 9%
Coal Getting Mt 6.00 3.14 91%
Adaro Mt 3.97 1.24 220%
Others Mt 2.03 1.90 7%
Quarter on Quarter Units 4Q11

3Q11

% Change
Overburden Removal Mbcm 43.60 47.34 -8%
Adaro Mbcm 25.15 27.99 -10%
Others Mbcm 18.45 19.35 -5%
Coal Getting Mt 6.00 6.17 -3%
Adaro Mt 3.97 4.12 -4%
Others Mt 2.03 2.04 0%
FY11 vs. FY10 Units FY11 FY10 % Change
Overburden Removal Mbcm 167.52 128.08 31%
Adaro Mbcm 95.94 67.75 42%
Others Mbcm 71.58 60.33 19%
Coal Getting Mt 22.65 16.58 37%
Adaro Mt 14.97 10.25 46%
Others Mt 7.68 6.33 21%
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