ACCRUED STRIPPING COSTS 2009 MINORITY INTEREST a.

180 Adaro Energy Annual Report 2009 From Us to Y ou Running Adaro Management Report Owning Adaro Governing Adaro Financial Report Contact Us Corporate Social Responsibility Adaro in Summary www.adaro.com PT ADARO ENERGY Tbk AND SUBSIDIARIES Schedule 542 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2009 AND 2008 Expressed in million Rupiah, unless otherwise stated

25. MINORITY INTEREST continued a.

Minority interest in equity of subsidiaries continued 2009 2008 Adaro Percentage of minority interest - - Carrying amount - beginning balance - 341,211 Share in net income of subsidiary before the additional acquisition by the Group - 154,019 Decrease due to fair value loss from cash flow hedges - 716 Exchange difference due to financial statement transla tion - 5,688 Decrease due to acquisition of minority interest by the Group - 488,826 - - Biscayne Percentage of minority interest - - Carrying amount - beginning balance - 122,457 Share in net income of subsidiary before additional acquisition by the Group - 23,731 Exchange difference due to financial statement translation - 9,073 Decrease due to acquisition of minority interest by the Group - 137,115 - - Arindo Holdings Percentage of minority interest - - Minority interest at acquisition - 45,842 Share in net loss of subsidiary - 32,777 Exchange difference due to financial statement translation - 1,075 Decrease due to acquisition of minority interest by the Group - 77,544 - - OML Percentage of minority interest - - Carrying amount - beginning balance - - Minority interest at acquisition 29,896 - Share in net income of subsidiary before additional acquisition by the Group 12,214 - Exchange difference due to financial statement translatio n 4,240 - Decrease due to acquisition of minority interest by the Group 37,870 - - - MBP Percentage of minority interest 0.17 - Carrying amount - beginning balance - - Minority interest at acquisition 17 - Share in net income of subsidiary 92 - Decrease due to change in equity of subsidiary 547 - Recognition of deficit minority interest by the Group 438 - - - 67,043 18,379

b. Minority interest in net incomeloss of subsidiaries

2009 2008 SDM 44,343 - SIS 4,667 64,369 JCI 453 - MBP 92 - Marindo 26 - Coronado 970 - Arindo Global - 775 MSW - 7 48,559 63,601 Adaro Energy Annual Report 2009 181 www.adaro.com PT ADARO ENERGY Tbk AND SUBSIDIARIES Schedule 543 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2009 AND 2008 Expressed in million Rupiah, unless otherwise stated

26. SHARE CAPITAL

The Company’s shareholders as at 31 December 2009 and 2008 were as follows: 2009 Number of Percentage of Shareholders shares ownership Amount Rp PT Adaro Strategic Investments 14,045,425,500 43.91 1,404,543 Garibaldi Thohir President Director 2,065,100,654 6.46 206,510 GSCO - Adcorp Holdings 1,656,321,073 5.18 165,632 Edwin Soeryadjaya President Commissioner 1,377,777,646 4.31 137,778 Theodore Permadi Rachmat Vice President Commissioner 724,420,430 2.27 72,442 Sandiaga Salahuddin Uno Director 660,838,202 2.07 66,084 Ir. Subianto Commissioner 416,932,620 1.30 41,693 Andre J. Mamuaya Director 8,545,000 0.03 854 Alastair Bruce Grant Director 6,764,500 0.02 676 Chia Ah Hoo Director 6,315,500 0.02 632 David Tendian Director 2,250,000 0.01 225 Public 11,015,270,875 34.42 1,101,527 31,985,962,000 100.00 3,198,596 2008 Number of Percentage of Shareholders shares ownership Amount Rp PT Saratoga Investama Sedaya 4,775,524,806 14.93 477,552 PT Triputra Investindo Arya 4,268,347,697 13.34 426,834 PT Persada Capital Investama 3,520,995,975 11.01 352,100 GS NY SEG AC 3,180,703,000 9.94 318,070 Garibaldi Thohir President Director 2,496,384,062 7.80 249,639 PT Trinugraha Thohir 2,496,384,062 7.80 249,639 UBS AG Singapore SA Atticus Investments Pte Ltd 1,835,021,500 5.74 183,502 Edwin Soeryadjaya President Commissioner 1,375,877,646 4.30 137,588 Theodore Permadi Rachmat Vice President Commissioner 724,420,430 2.27 72,442 Sandiaga Salahuddin Uno Director 660,838,202 2.07 66,084 Ir. Subianto Commissioner 416,932,620 1.30 41,693 PT Saratoga Sentra Business 110,925,500 0.35 11,093 Chia Ah Hoo Director 16,584,000 0.05 1,658 David Tendian Director 11,150,000 0.03 1,115 Andre J. Mamuaya Director 10,363,000 0.03 1,036 Alastair Bruce Grant Director 8,454,500 0.03 845 Ir. Palgunadi T. Setiawan Independent Commissioner 909,000 0.00 91 Public 6,076,146,000 19.01 607,615 31,985,962,000 100.00 3,198,596

27. ADDITIONAL PAID-IN CAPITAL 2009

2008 Additional paid-in capital from IPO 11,139,331 11,139,331 Share issuance costs 406,668 406,668 Additional paid-in-capital 10,732,663 10,732,663 28. DIFFERENCE IN VALUE FROM RESTRUCTURING TRANSACTIONS OF ENTITIES UNDER COMMON CONTROL 2009 2008 Acquisition of SIS 51,370 51,370 Acquisition of ATA 240,960 240,960 Acquisition of MSW 2,253 2,253 191,843 191,843