- A Snapshot of Adaro Energy
- A Snapshot Of Adaro
- Coorporate Structure
Why Adaro?
- Why Adaro?
- 1 Exposure to Expanding Emerging Market Asia and Strong Thermal Coal Industry
- 2 The Best EBITDA Margin in Indonesian
- 3 Substantial Total Shareholder Returns
- 4 One of the Best Track Records of Annual Organic Growth
- 5 Our Exciting Strategy to Create Value
- 6 Large Reserves of ENVIROCOAL
- 7 Acquisitions to Increase Reserves of Indonesian Coal
- 8 Bigger and Better
- 9 Exceptional Access to Capital
- 10 Constantly Improving an Efficient Vertically Integrated Coal Supply Chain
- 11 Proven Experts in Marketing Subbituminous Indonesian Coal
- 12 Our Supportive and Long-term Shareholders
- 13 Our Skilled and Professional Management
- 14 Our People and How We are Structured
- 15 A Unique and Proven Approach to CSR
- 16 An Exemplary Record of Safety, Health and Environment
- Map of Operations
- Going the Extra Mile
- Management Report
- Corporate Overview
Special Section :
Envirocoal and Capco Power Station
2010 - A Coal Market Reflection
Developing the Impossible : Adaro Indonesia - An Early History
- Review of Coal Operations
Special Section :
Exceptional Community Relations by President Director Garibaldi Thohir at Coaltrans Asia 2010
Envirocoal 4000 The New Coal from Adaro
- Our Other Subsidiaries
- Freight Report
- Occupational Health and Safety
- Environmental Management
- Clean Water from the Mine to the Community
- Financial Review
- Exploration and Reserves
- Growing and Expanding
- Corporate Overview
- Governing Adaro
- Status of Corporate Governance Practices
- Implementation of the Company's Good Corporate Governance
- General Meeting of Shareholders (GMS)
- Board of Commissioners and Board of Directors
- The Board of Commissioners
- Audit Committee
- The Board of Directors
- Board of Directors Meetings
- Nomination of Members of the Boards
- Corporate Secretary
- Change of Corporate Secretary
- Internal Audit
- External Auditor
- Remuneration of the Boards
- Share Ownership of the Boards 2010
- Audit Committee Report
- Internal Audit Unit Report
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Remuneration of the Boards
Adaro Energy’s policy is that remuneration should be merit based. Therefore, the Company’s bonus system is directly linked to performance. This system ensures that performance is assessed objectively and prevents moral hazard issues caused by subjective assessments. The remuneration for BOD and BOC must be approved by the GMS.
Hendry Chandra
GENERAL MANAGER - INTERNAL AUDIT
Hendry earned his Bachelor Degree in Accounting from the University of Trisakti. Prior to joining Adaro Group, he gained experiences from one of the big four accounting firms as an auditor. He started his career with PT Adaro Indonesia in 1999 and left in 2002 as a Manager of Finance & Accounting. He rejoined the Adaro Group in 2009 as the Head of Internal Audit Division.
The Board of Directors and Board of Commissioners are remunerated in Indonesian Rupiah.
The Boards of Commissioners and Directors of Adaro Energy and its subsidiaries, which include members from Adaro Energy's Boards, received remuneration amounting to Rp50.5 billion for the year ended December 31st, 2010.
Adaro Energy always aims to present fair and balanced information in a symmetrical way to the capital Market. A number of public disclosure activities were completed in support of implementing good corporate governance practices including the required public expose. During the year the Company completed and distributed the disclosure of information as listed below.
1 Monthly Exploration Activities Report
- December 2009
- January 2010
- February 2010
- March 2010
- April 2010
- May 2010
- June 2010
- July 2010
- August 2010
- September 2010
- October 2010
- November 2010
2 Quarterly Operational Activities Report
- December 2009
- March 2010
- June 2010
- September 2010
3 Consolidated Financial Statements
a. Annual as of 31 December 2009
-
Audited Financial Statements
-
Press Release : Adaro Energy's Net Profit Increases 392% To A Record Rp4.4 Trillion
- Proof of Advertisement (in 3 National Media)
b. Interim
i. March : 31 March 2010
- Unaudited Financial Statements
- Press Release : Adaro Energy Records Strong 1Q10
Production and Sales Volume Increases
ii. June : 30 June 2010
- Intention to Conduct Limited Review
- Limited Review Financial Statements
- Press Release : AE's Net Revenue Increase 12% US$ 1.3
Billion
- Proof of Advertisement (in 2 National Media)
iii. September : 30 September 2010
- Unaudited Financial Statements
-PressRelease: AERecorded 6% Increasein NetRevenueto
US$2 billion due to 12% Production Growth
4 Annual Report 2009
- Revision of Annual Report 2009
5 AGM & EGM
- AGM & EGM Notification
- Proof of Advertisement : AGM & EGM Notification (in 2
National Media)
- AGM & EGM Invitation
- Proof of Advertisement : AGM & EGM Invitation (in 2 National
Media)
- AGM & EGM Resolutions
- Proof of Advertisement : AGM & EGM Resolutions (in 2 National Media)
- Notarial Deed : AGM & EGM Resolutions
- AGM & EGM Resolutions (Notarial Resume)
-Republish Consolidated Audited Financial Statements as of 31
Dec '09 (in 1 National Media) (approved by AGM)
- roof of Advertisement : Consolidated Audited Financial Statements as of 31 Dec '09 (in 1 National Media) (approved by AGM)
6 Dividend Distribution
- Final Dividend Notification
- Proof of Advertisement : Final Dividend Distribution and Schedule
- Interim Dividend Notification
- Proof of Advertisement : Interim Dividend Distribution and Schedule
7 Information Disclosures
- Change of BOD's Share Ownership (Share Sale)
- Alastair Bruce Grant
- 25% Shares Acquisition of Maruwai Project
- BHP Billiton
- Change of BOC's Share Ownership (Share Sale – Edwin Soeryadjaya)
- ADRO & BHP Finalize Joint Venture Arrangements for The
Indonesian Coal Project (Maruwai)(Including Press Release)
- Change of BOC's Share Ownership (Share Sale – Edwin Soeryadjaya)
- Change of BOD's Share Ownership (Share Sale – Andre J. Mamuaya)
- Shares Divestment Transaction
- Change of BOD's Share Ownership (Share Sale – David Tendian)
- Change of BOC's Share Ownership (Share Sale – T. Permadi Rachmat)
- Change of BOD's Share Ownership (Share Sale – Chia Ah hoo)
- ADRO signs barging contracts (including press release)
- Change of BOD's Share Ownership (Share Sale – Alastair Bruce
Grant)
- Shareholding More Than 5%
- Change of BOD's Share Ownership (Share Sale – Garibaldi
Thohir)
- Change of BOD's Share Ownership (Share Sale – Sandiaga S. Uno)
8 Response to IDX Inquiries
- News on Media Regarding Bakrie's Tax Deferred
- News on Media Regarding BHP selects Adaro in Maruwai
- News on Media Regarding Bhakti Energi Acquisition
- News on Media Regarding ADRO Shares Issuance
10 Public Expose
- Schedule Submission
- Materials Submission
- Report : Lists of Participants and Questions & Answers
11 Investor Summit and Capital Market Expo
- Material Submission