INVESTMENT [USD] 1,400,000

BUSINES SUMMARY_SJMS COAL NPV [USD] 24,536,367

Location: Lampung IRR 351.8%
Document Cost
SRB File: SJMS-SRB-IDR (SIMPLE)115 (DPN-YSW) 0.44% NET B/C 18.5
BussDev. Cons.: MEDCONSINDO (0812 654 0602) i 12% Office,Sales,,Tax PBP [MTH] 7.8
4.50% Fee KP
Year-2019 Investment [USD] 1,400,000
9.38%
End Cash Accum. 5-Years[USD] 34,587,591
Printed: Saturday, 6 April, 2019 Land Fee + CSR MONTHLY STATEMENT USD/MTH USD/MT %
2.50%
VARIABLE & DATA Un. VALUE EAT (Netto) INCOME (REVENUE) 2,400,000 80.00 100%
26.15%
14,000 USD Rate [IDR] 14,000 OUTCOME 1,772,328 59.08 73.8%
EARNING AFTER TAX 627,672 20.92 26.2%
Est.Coal_Deposite [MT] 1,700,000 1
MothlyProduction, Target [MT] 30,000 Coal Prod.& Proses,SR (Ave.): 10 726,000 24.20 30%
Jetty & Support Cost
Life of Mine (LoM) [Years] 5 6.66% Total hauling (L/S) 315,000 10.50 13.1%
Average S.R [RATIO] 10.0 Mine Owner Fee (IUP) 225,000 7.50 9.4%
PNBP Land Fee + CSR (Based on MT) 60,000 2.00 2.5%
CV ADB k.Cal./kg 7,034 7.00% Tot. Jetty & Support (L/S) 159,828 5.33 6.7%
IM ARB 1.05%
TM ARB 5.50% Total Cost Of Goods (COG) 1,485,828 49.53 61.9%
TS ARB 1.67%
Mining&Procesing Document Cost (SKAB) 10,500 0.35 0.4%
Average Projection (By Formula) GAR 6,710 32% PNBP 168,000 5.60 7.0%
INDEX PRICE (FOB MV) [USD/MT] 90
Seling Price FOB Barge (-10) [USD/MT] 80 Sales Costs (L/S) 15,000 0.50 0.6%
Hauling etc
80.0 FOB BARGE, GAR 6710 [IDR/MT] 1,120,000 13.13% Office Cost + Overhead (L/S) 45,000 1.50 1.9%

Tax (PPh.Psl22, Indonesian Final Tax) 2.0% Operation & Sales Cost 238,500 7.95 9.9%

GOV ROYALTY BY FORMULA, GAR 6710 [PNBP] 7% TOTAL COST 1,724,328 57.48 71.8%
Earning B_Tax 675,672 22.52 28.2%

42 Survey & Site Investigation Cost, LS [USD] 3,000 Gov. TAX 2 %) 48,000 1.60 2.0%

2,100 DP to Mine Owner (Doc.Completion) [USD] 150,000 MONTHLY EAT (Netto) 627,672 20.92 26.2%
DP for Land Owner (Land Fee) [USD] 15,000 MTH MTH
12 100% 4,459,315
DP for Hauling Road Fee [USD] 1,500 12 -
140,000 Final Repayment
DP for Mine Contractor [USD] 181,500 11 100% 3,971,642
DP for Jetty [USD] 72,414 11 140,000
140,000
10 100% 3,483,970
10 280,000
140,000
BCM Mining Cost [USD/BCM] 2.20
9 100% 2,996,297
Coal Prod.& Proses,SR (Ave.): 10 [USD/MT] 24.20 9 140,000
420,000

Mine Owner Fee (IUP) [USD/MT] 7.50

Land Fee + CSR (Based on MT) [USD/MT] 2.00 8 100%
8 560,000
2,508,625
140,000

7 100% 2,020,953
Hauling To Jetty [KM] 70 7 700,000
140,000
Hauling Cost (L/S) [USD/MT] 10.00
Driver Allowance (L/S) [USD/MT] 0.15 1,533,280
6 100% 6 840,000
Hauling Coordination (L/S) [USD/MT] 0.10 140,000
Hauling (Dust) Fee (L/S) [USD/MT] 0.10 1,045,608
5 100% 5 980,000
Other Preparaption(L/S) [USD/MT] 0.15 140,000
Total hauling (L/S) [USD/MT] 10.50 557,935
4 100% 4 1,120,000
140,000 FIRST YEAR STATEMENT
Jetty (L/S) [USD/MT] 4.83 24,888
Surveyor & Add Support Cost (L/S) [USD/MT] 0.50 3 100% 3 140,000
1,260,000
Start Loan Repayment
Tot. Jetty & Support (L/S) [USD/MT] 5.33 55,703 Net Cash Flow [USD]
2 75% 2 -
1,400,000

Document Cost (SKAB) [USD/MT] 0.35

Loan Outstanding [USD]
103,435
PNBP Cost [USD/MT] 5.60 1 50% 1 -
1,400,000
Loan Repayment [USD]
879,586
Sales Costs (L/S) [USD/MT] 0.50
0 0% Prod. Cap. 30000 MT/MTH 0 -
1,400,000
Office Cost + Overhead (L/S) [USD/MT] 1.5 [USD]
Gov. TAX 2 %) [USD/MT] 1.60
0% 50% 100% 150% - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000
* Remark: Pink Colors are Variable Value