FIXED ASSETS continued Liquidation Adaro Finance B.V., MEC Indo Coal B.V. and Arindo Global Netherland B.V.

172 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 534 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2009 AND 2008 Expressed in million Rupiah, unless otherwise stated

14. MINING PROPERTIES continued 2009

2008 Accumulated amortisation Carrying amount - beginning balance 255,349 46,593 Amortisation 485,178 196,602 Exchange difference due to financial statement translation 19,329 12,154 721,198 255,349 9,791,657 10,470,181 Mining properties represent the balance arising from the acquisition of ownership in Adaro, as a result of the fair valuation of the assets acquired at the date of acquisition.

15. GOODWILL 2009

2008 Acquisition cost Carrying amount - beginning balance 9,554,051 1,262,216 Addition 898,760 7,620,573 Acquisition 391,704 - Deduction 29 - Exchange difference due to financial statement translation 830,162 671,262 10,014,324 9,554,051 Accumulated amortisation Carrying amount - beginning balance 425,632 36,684 Acquisition 63,233 - Amortisation 500,506 360,233 Deduction 26 - Exchange difference due to financial statement translation 66,797 28,715 922,548 425,632 9,091,776 9,128,419 The balance of goodwill arises from the Group’s acquisition of ownership in SIS, IBT, Arindo Holdings, Biscayne, AIM, Ariane Capital, Agalia, SDM, Viscaya, MSW, Coronado, OML, Sarana, Arindo Holdings’ acquisition in Vindoor, and OML’s acquisition of assets and business contracts from Orchard Maritime Services Pte Ltd refer to Note 3. For the year ended 31 December 2009, amortisation of goodwill amounting to Rp 6,611 was the amortisation before the acquisition of OML.

16. TRADE PAYABLES 2009

2008 Third parties: PT Pamapersada Nusantara 690,491 736,511 PT Batuah Abadi Lines 207,885 192,365 PT Shell Indonesia 190,563 - PT Bukit Makmur Mandiri Utama 182,720 300,185 PT United Tractors Tbk 81,011 99,771 PT Petronas Niaga Indonesia - 260,778 PT Toyota Tsusho Indonesia - 92,211 Siemens Industrial Turbomachinery S.R.O - 78,483 Others each below Rp 60,000 672,651 591,825 2,025,321 2,352,129 Adaro Energy Annual Report 2009 173 www.adaro.com PT ADARO ENERGY Tbk AND SUBSIDIARIES Schedule 535 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2009 AND 2008 Expressed in million Rupiah, unless otherwise stated

16. TRADE PAYABLES continued 2009

2008 Related parties: PT Rahman Abdijaya 95,365 61,581 PT Pulau Seroja Jaya 29,592 21,882 PT Pulau Seroja Jaya Pratama 12,995 16,428 PT Anugerah Buminusantara Abadi 4,831 1,756 Orchard Maritime Logistics Pte Ltd - 147,739 142,783 249,386 2,168,104 2,601,515 Details of trade payables based on currencies are as follows: 2009 2008 US Dollars 1,787,941 2,201,203 Rupiah 353,074 275,766 Euro 23,499 121,965 Singapore Dollars 1,302 1,383 Japanese Yen 1,244 824 Australian Dollars 859 314 Great Britain Pound Sterling 185 60 2,168,104 2,601,515 The aging analysis of trade payables is as follows: 2009 2008 Current and overdue by 1 - 30 days 2,157,837 2,475,690 Overdue by 31 - 60 days 1,340 84,333 Overdue by 61 - 90 days 542 28,787 Overdue by more than 90 days 8,385 12,705 2,168,104 2,601,515 Trade payables balances mainly arose from the purchase of fuel, spare parts, repair and maintenance services, coal transportation services and coal mining services. Since 30 April 2009, OML has been consolidated to the Group’s consolidated financial statements, therefore the balances and transactions between OML and the Group were eliminated. Refer to Note 35 for details of related party transactions and balances.

17. ACCRUED EXPENSES 2009

2008 Accrued interest 141,228 44,812 Freight cost 77,308 191,387 Others each below Rp 30,000 83,625 28,894 302,161 265,093 18. SHORT-TERM BANK LOANS 2009 2008 US Dollars Syndicated Short-term Loan 188,000 876,000 The interest rates on the short-term bank loans were as follows: 2009 2008 US Dollars 2.0 - 3.0 2.3 - 5.0