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161
PT ADARO ENERGY Tbk AND SUBSIDIARIES Schedule 51
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2013 AND 2012
Expressed in thousands of
S Dollars, unless otherwise stated
1. GENERAL
a. Establishment of the Company and other information
PT Adaro Energy Tbk the “Company” was established by Notarial Deed No. 25 dated 28 July 2004 of Sukawaty Sumadi, S.H., Notary in Jakarta. The Deed was published in State Gazette of the Republic of Indonesia No. 59, dated
25 July 2006, State Gazette Supplement No. 8036 and was approved by the Minister of Justice of the Republic of Indonesia in Decree No. C-21493 HT.01.01.TH.2004 dated 26 August 2004. The Articles of Association of the
Company have been amended several times with the most recent change based on Notarial Deed No. 65 dated 31 October 2008 of Humberg Lie, S.H., S.E., M.Kn., to conform with the requirements of the Regulations of the Capital
Market and Financial Institutions Supervisory Board “Bapepam-LK” No. IX.J.1 dated 14 May 2008 regarding the Principles for the Articles of Association of Companies which Conduct Public Offerings of Equity Securities and of
Public Companies. The amendment of the Articles of Association was accepted by the Minister of Law and Human Rights of the Republic of Indonesia in Decree No. AHU-AH.01.10-24501, dated 1 December 2008 and No. AHU-
AH.01.10-24502, dated 1 December 2008.
In July 2008, the Company conducted an Initial Public Offering “IPO” of 11,139,331,000 shares 34.8 of 31,985,962,000 shares issued and fully paid-up. The shares offered to the public in the IPO were listed on the
Indonesian Stock Exchange on 16 July 2008.
In accordance with Article 3 of the Articles of Association, the Company is engaged in trading, services, industry, coal hauling, workshop activities, mining and construction. The Company’s subsidiaries are engaged in coal mining,
coal trading, mining contractor services, infrastructure, coal logistics and power generation activities.
The Company commenced its commercial operations in July 2005. The Company’s head office is in Jakarta and is located at the Menara Karya Building, 23rd floor, Jl. H.R. Rasuna Said Block X-5, Kav. 1-2, South Jakarta.
The Company’s Boards of Commissioners and Directors as at 31 December 2013 were as follows: President Commissioner
: Edwin Soeryadjaya
Vice President Commissioner :
Theodore Permadi Rachmat Commissioner
: Ir. Subianto
Independent Commissioners :
Ir. Palgunadi Tatit Setyawan Dr. Ir. Raden Pardede
President Director :
Garibaldi Thohir Vice President Director
: Christian Ariano Rachmat
Directors :
Sandiaga Salahuddin Uno David Tendian
Chia Ah Hoo M. Syah Indra Aman
Julius Aslan
The Company’s Boards of Commissioners and Directors as at 31 December 2012 were as follows: President Commissioner
: Edwin Soeryadjaya
Vice President Commissioner :
Theodore Permadi Rachmat Commissioners
: Ir. Subianto
Lim Soon Huat Independent Commissioners
: Ir. Palgunadi Tatit Setyawan
Dr. Ir. Raden Pardede President Director
: Garibaldi Thohir
Vice President Director :
Christian Ariano Rachmat Directors
: Sandiaga Salahuddin Uno
David Tendian Chia Ah Hoo
M. Syah Indra Aman
162
IABlE, STrong, EFFICIEnT
PT ADARO ENERGY Tbk AND SUBSIDIARIES Schedule 52
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2013 AND 2012
Expressed in thousands of
S Dollars, unless otherwise stated
1. GENERAL continued
a. Establishment of the Company and other information continued
