Profile

Industry Sector Mining
Industry Sub Sector Coal Mining
Established 8 November 2007
Listed 8 November 2008
Listed Company Code ARII
Listed Shares 3,000,000,000
Dividend No
Major Shareholders (>5%) Calorie Viva Utama (43.84%)
Abdi Andre (15.75%)
UBS AG Hong Kong (10.10%)
Key Subsidiaries Berau Bara Energi
Kalbara Energi Pratama
Papua Inti Energi
Citra Global Artha
Aquela Pratama Indonesia
Main Commodities

Stock Quote Atlas Resources - ARII:

Business Summary

Atlas Resources engages in two main business activities. Firstly, the import & export of, and trade in, dense fuel sources, including coal, briquettes, refractory material, and associated business activities. Secondly, it is engaged in the transportation of coal, including the management and maintenance of transportation facilities to support coal mining activities and other related business activities.

In addition, the company also engages in a number of supporting activities, including the rental of equipment, vehicles, and other supporting infrastructure related to coal mining activities, and the provision of infrastructure to support mining activities, including renting equipment, vehicles, and other supporting infrastructure related to coal mining activities.

Atlas Resources' exploratory and production activities are conducted through six hubs:

 Kukar Hub, which consists of two mining concessions located in Kutai (East Kalimantan), covering a total area of almost 2,500 ha. This hub produces thermal coal, metallurgical coal and high calorie thermal coal.

Berau Hub, which consists of four mining concessions located in the Berau district (East Kalimantan), covering a total area of nearly 20,000 ha. This hub produces thermal coal for exports to markets in Northern Asia.

Kubar Hub, which consists of three mining concessions located in the West Kutai district (East Kalimantan), covering a total area of nearly 15,000 ha. This hub produces metallurgical coal and high-calorie thermal coal.

Oku Hub, which consists of three concessions located in South Sumatra, covering a total area of 23,840 ha. This hub produces low-calorie steam coal in order to fulfil the demand of domestic market. powerplant and facility in India, Kores, China and others.

Muba Hub, which consists of five concessions covering a total area of more than 41,000 ha in the Musi Rawas district and the Musi Banyuasin district (South Sumatra). This hub produces thermal coal in order to meet demand of new generation powerplants.

Papua Hub, which consists of two concessions covering a total area of 100,000 ha. This hub is currently being developed for future activities.

Atlas Resources

Atlas Resources' Operational Highlights:

       2011      2012      2013      2014      2015      2016
Production Volume
(tons)
 1,210,334  1,332,453  1,733,765   536,877   576,685   261,732
Sales Volume
(tons)
 1,150,707  1,214,523  2,033,685   853,832   715,815   298,451
Average Selling Price
(US$)
    75.87     78.41     56.38     44.80     39.59     37.78
Volume Overburden
(BCM)
14,150,166 15,159,886 18,811,193  4,415,635  4,472,112  1,222,088
Strip Ratio
  11.46:1   11.38:1   10.85:1    8.22:1    7.75:1    4.67:1

Source: Atlas Resources, Annual Report 2016

Atlas Resources' Financial Highlights:

      2010     2011     2012     2013     2014     2015     2016
Net Sales   65,246   91,052   97,240  114,712   38,468   28,342   11,641
Gross Profit    8,974   27,135   16,566   (2,406)   (9,069)   (7,741)   (9,313)
Net Income
(loss)
   1,273    2,468  (11,150)  (10,774)  (24,618)  (25,922)  (25,482)
Total Assets   59,366  256,651  299,105  315,158  339,149  351,484  330,115
Total Liabilities   35,651  100,842  154,799  183,181  231,793  269,491  273,848
Earnings per
Share¹
      -  0.00147 (0.00355) (0.00361) (0.00707) (0.00838) (0.00814)

in thousand US dollar unless otherwise stated
¹ in US dollar
Source: Atlas Resources, Annual Report 2016

Location

Contact Details

Jalan Jenderal Sudirman Kav. 45-46
South Jakarta - 12930
Phone: +62 21 719 3343
Fax: +62 21 717 92708
Email: [email protected]
www.atlas-coal.co.id