DERIVATIVE INSTRUMENT continued b.

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