Monthly Report of Income from June – December 2017

KIP II Production Income calculation (June 2017)

Tin Ores Production (11th June – 30th June 2017) : 158 bags

Sn Level inside Tin Ores : 70%

Produksi Sn = 158 x 70%

= 110.6 Bags
1 ton = 1000 kg = 20 Bags

Production Sn (21 Days) = Total Sn Ores within 21 production days / 20 bags

= 110.6 / 20
= 5,530 ton Sn

1 ton Sn = Rp 130.000.000,-
That means the income within 21 days are:
= 5,530 x Rp 130.000.000,-
= 718,900,000.-
KIP II Production Income calculation (July 2017)
Tin Ores Production (1st – 31st July 2017) : 259 bags

Sn Level inside Tin Ores : 70%

Produksi Sn = 259 x 70%

= 181 Bags
1 ton = 1000 kg = 20 Bags

Production Sn (31 Days) = Total Sn Ores within 31 days of

production / 20 bags
= 181/ 20
= 9 ton Sn

1 ton Sn = Rp 130.000.000,-
That means the income within 31 days are:
= 9x Rp 130.000.000,-
= 1.170.000.000.-
KIP II Production Income calculation (August 2017)
Tin Ores Production (1st July – 31th June 2017) : 730 bags

Sn Level inside Tin Ores : 70%

Produksi Sn = 730 x 70%

= 511 Bags
1 ton = 1000 kg = 20 Bags

Production Sn (21 Days) = Total Sn Ores within 21 production days / 20 bags

= 511 / 20
= 25,5 ton Sn

1 ton Sn = Rp 130.000.000,-
That means the income within 31 days are:
= 25,5 x Rp 130.000.000,-
= 3.315.000.000,-
6.KIP II Production Income calculation (Sept 2017)
Tin Ores Production (1st Sept – 28th Sept 2017) : 1078 bags

Sn Level inside Tin Ores : 70%

Production Sn = 1078 x 70%

= 761 Bags
1 ton = 1000 kg = 20 Bags

Production Sn (27 Days) = Total Sn Ores within 27 production days / 20 bags

= 761 / 20
= 38 ton Sn

1 ton Sn = Rp 130.000.000,-
That means the income within 27 days are:
= 38 x Rp 130.000.000,-
= 4.940.000.000,-
6.KIP II Production Income calculation (Oct 2017)
Tin Ores Production (1st Oct – 31th Oct 2017) : 1078 bags

Sn Level inside Tin Ores : 70%

Production Sn = 1448 x 70%

= 1013 Bags
1 ton = 1000 kg = 20 Bags

Production Sn ( Days) = Total Sn Ores within 27 production days / 20 bags

= 1013 / 20
= 50 ton Sn

1 ton Sn = Rp 130.000.000,-
That means the income within 29 days are:
=50 x Rp 130.000.000,-
= 6.500.000.000,-
6.KIP II Production Income calculation (Nov 2017)
Tin Ores Production (1st Nov– 31th Nov 2017) : 293 bags

Sn Level inside Tin Ores : 70%

Production Sn = 293x 70%

= 205.1 Bags
1 ton = 1000 kg = 20 Bags

Production Sn ( Days) = Total Sn Ores within 27 production days / 20 bags

= 205 / 20
= 10 ton Sn

1 ton Sn = Rp 130.000.000,-
That means the income within 29 days are:
=10 x Rp 130.000.000,-
= 1.300.000.000,-
6.KIP II Production Income calculation (Dec 2017)
Tin Ores Production (1st Dec – 31th Dec 2017) : 0 bags

Sn Level inside Tin Ores : 70%

Production Sn = 0x 70%
= 0 Bags
1 ton = 1000 kg = 20 Bags

Production Sn ( Days) = Total Sn Ores within 27 production days / 20 bags

=0 Bags/ 20
= 0 ton Sn

1 ton Sn = Rp 130.000.000,-
That means the income within 29 days are:
=0 x Rp 130.000.000,-
= Rp. 0
 Monthly income from June-Sept 2017.
• 1. June 2017 : 718,900,000.- = US$ 53.122,-
• 2. July 2017 : 1.170.000.000.- = US$ 86.455,-
• 3. Aug 2017 : 3.315.000.000,- = US$ 244.956,-
• 4. Sep 2017 : 4.940.000.000,- = US$ 365.033,-
• 5. Oct 2017 : 6.500.000.000,- = US$ 480.351,-
• 6. Nov 2017 : 1.300.000.000,- = US$ 97.014,-
• 7. Dec 2017 : 0= US$ 0,-
• * Based on 15th November exchange rate IDR to USD
• * As for December, it’s unfortunate that the vessel must fully stopped for the whole
month in order to fully restore the condition of the vessel.