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

Wednesday, August 1 2012 - 02:53 AM WIB

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)
In 2Q12, both SIS?s overburden removal and coal getting increased 29% and 16% to 53.48 Mbcm and 6.51 million tonnes, respectively. The increase was mainly due to the arrival and new larger-sized heavy equipment that boosted SIS?s performance. SIS invested US$58.3 million in capital expenditure for heavy equipment and other infrastructure during 2Q12. This brought SIS?s total investment for heavy equipment to date to US$84.5 million. SIS utilizes larger than 150 tonnes class dump trucks specifically for AI due to the scale of AI mining operations. (end of edited excerpt)

  Actual Quarter on Quarter Year on Year
  Units   2Q12 1Q12 % Change 2Q11 % Change
Overburden Removal      Mbcm 53.48 41.80 28% 41.56 29%
Adaro     Mbcm 32.07 24.61 30% 23.66 36%
Others    Mbcm 21.42 17.19 25% 17.90 20%
Coal Getting     Mt 6.51 5.29 23% 5.59 16%
Adaro    Mt 4.18 3.51 19% 3.71 13%
Others     Mt 2.33 1.78 31% 1.88 24%

Year to Date: 1H12 vs. 1H11
   Units 1H12 1H11 % Change
Overburden Removal    Mbcm 95.28 76.59 24%
Adaro   Mbcm 56.68 42.80 32%
Others   Mbcm 38.61 33.78 14%
Coal Getting    Mt 11.80 10.48 13%
Adaro   Mt 7.69 6.87 12%
Others   Mt 4.11 3.61 14%

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