1H 2016
Operational 1H15
1H16
Δ
Production Vol 3.0
2.8 6.7
Sales Vol 3.3
2.8 6.1
Stripping Ratio x 12.5
13.1 4.8
Sales 190.8
139.0 27.1
EBITDA 29.8
22.0 26.2
Net Profit 15.3
9.3 39.2
Financial 1H15
1H16 57.3
NEWC Index 50.9
18.8 62.7
ASP 45.4
20.8
mn ton mn ton
USton USton
US mn US mn
US mn
Δ
EBITDAton 9.0
7.2 20.0
USton
Focused on profitable production output through optimization of :
Infrastructure and connectivity sharing
hauling road, coal processing plants CPP, jetties
Joint mine plan between three adjacent operating mines
Competitive premium coal pricing
driven by strong coal branding from consistency in scheduled deliveryproduct
quality and established customer relationship with diversified customer base
Average Selling Price ASP outperformance relative to benchmark
Newcastle due to sale executions based on well-timed predictions in market trends
Note: 1
EBITDA = Gross Profit – selling expenses – GA + depreciation and amortization
2008 2009
2010 2011
2012 2013
2014 2015
2016 ABN
IM TMU
G u
id a
n c
e Annual Coal Production
Mt : In Million Tons
5.6 6.5
5.0 - 7.0 8.1
Production volume rose from only 800K tons in 2008 to 6.1
mn tons in 2015, booking CAGR growth of 33.6 over 8
years
2015 overall results from subsidiaries came in line with
2015 annual guidance
With strategy to sustain certain
margin, while
preserving life-of-mine LoM reserves,
2016 production
guidance is estimated at 5.0-7.0 mn tons
2016 Stripping Ratio SR is expected to stabilize at 11x-
12x, as per the mine plan
Cumulative production achievement 10 Mt
Cumulative production achievement 20 Mt
5.2 4.1
0.8 2.0
2008 2009
ABN Mt IM Mt
0.1 1.1
0.7 0.9
0.8 2.0
Production Vol. Mt
2010 2011
3.1 3.8
1.0 1.4
4.1 5.2
2012 4.4
1.0 5.6
2013 2014
4.2 4.4
1.4 2.3
6.5 8.1
TMU Mt SR x
- -
11.9x 10.5x
- -
9.9x 12.7x
0.2 14.9x
0.9 1.4
13.4x 13.3x
2016E 3.6-5.0
0.5-0.7 5.0-7.0
0.9-1.3 11x-12x
2015 6.1
3.9 1.2