Calculation on Per and Pbv on Pt Smart
Company Overview PT Bumi Resources Tbk. was established in the Republic of Indonesia on June 26th, 1973 based on Notarial Deeds No. 130 and No. 103 dated November 28th, 1973, both made by Djoko Soepadmo, S.H., notary in Surabaya and approved by the Ministry of Justice of the Republic of Indonesia in Decision Letter No. Y.A.5/433/12 on December 12th, 1973, registered in the Registry Book of Court of Justice in Surabaya No. 1822/1973, No. 1823/1973, No. 1824/1973 dated December 27th, 1973, and published in the State Gazette of the Republic of Indonesia No. 1, Supplement No. 7, dated January 2nd, 1974. The Company commenced its commercial operation on December 17th, 1979. According to the Company’s Articles of Association, its scope of activities comprise exploration and exploitation of coal deposits (including coal mining and selling) and oil exploration.
The Company’s head office is located at Bakrie tower Building, 12th Floor, Rasuna Epicentrum, Jln. H.R. Rasuna Said, Jakarta Selatan 12940.
About Coal and Mining Industry in Indonesia
Between 2000 and 2009, domestic investors, with government of Indonesia support, gained majority ownership of Indonesia‘s largest coal producers. During this same time period, the coal industry was subjected to greater regulatory control by provincial and regency governments. Despite these changes in ownership and regulatory control, Indonesia‘s coal industry expanded during the Localization period at a still impressive, albeit slower, growth rate of 12 percent per year. In 2005, against all odds, Indonesia became the world‘s largest exporter of steam coal with total coal exports of 117 mt of steam coal against ―runner-up‖ Australia‘s 115 mt. In 2009, Indonesia‘s exports of steam coal had increased to 176.39 mt while Australia‘s steam coal exports increased at much slower pace to 138.83 mt due to chronic transport infrastructure constraints.
Sales and Income
REVENUES In 2010, the Company booked US$
The Company’s head office is located at Bakrie tower Building, 12th Floor, Rasuna Epicentrum, Jln. H.R. Rasuna Said, Jakarta Selatan 12940.
About Coal and Mining Industry in Indonesia
Between 2000 and 2009, domestic investors, with government of Indonesia support, gained majority ownership of Indonesia‘s largest coal producers. During this same time period, the coal industry was subjected to greater regulatory control by provincial and regency governments. Despite these changes in ownership and regulatory control, Indonesia‘s coal industry expanded during the Localization period at a still impressive, albeit slower, growth rate of 12 percent per year. In 2005, against all odds, Indonesia became the world‘s largest exporter of steam coal with total coal exports of 117 mt of steam coal against ―runner-up‖ Australia‘s 115 mt. In 2009, Indonesia‘s exports of steam coal had increased to 176.39 mt while Australia‘s steam coal exports increased at much slower pace to 138.83 mt due to chronic transport infrastructure constraints.
Sales and Income
REVENUES In 2010, the Company booked US$