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    Calculation Base: Risk Code: OPR1, OPR3, OPR9, OPR10, OPR11, OPR14, OPR18, BR1, BR2

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    Pa Dadang
    1. The document discusses potential loss calculations from operational risks in coal mining. It estimates losses from stoppage in production could reach $14,240 per hour or Rp185,000,000 based on contracts of 6.5 million tons annually. 2. Early equipment replacement losses are also considered, estimating replacement of a bulldozer at 4 years of age rather than 8 would cost Rp1,571,000,000 due to depreciation and new purchase price. 3. Fuel losses from fires are calculated at Rp11,800 per liter based on 2015 industry fuel prices.

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    Calculation Base: Risk Code: OPR1, OPR3, OPR9, OPR10, OPR11, OPR14, OPR18, BR1, BR2

    Uploaded by

    Pa Dadang
    8 views1 page
    1. The document discusses potential loss calculations from operational risks in coal mining. It estimates losses from stoppage in production could reach $14,240 per hour or Rp185,000,000 based on contracts of 6.5 million tons annually. 2. Early equipment replacement losses are also considered, estimating replacement of a bulldozer at 4 years of age rather than 8 would cost Rp1,571,000,000 due to depreciation and new purchase price. 3. Fuel losses from fires are calculated at Rp11,800 per liter based on 2015 industry fuel prices.

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    Calculation Base

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    1. The document discusses potential loss calculations from operational risks in coal mining. It estimates losses from stoppage in production could reach $14,240 per hour or Rp185,000,000 based on contracts of 6.5 million tons annually. 2. Early equipment replacement losses are also considered, estimating replacement of a bulldozer at 4 years of age rather than 8 would cost Rp1,571,000,000 due to depreciation and new purchase price. 3. Fuel losses from fires are calculated at Rp11,800 per liter based on 2015 industry fuel prices.

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    8 views1 page

    Calculation Base: Risk Code: OPR1, OPR3, OPR9, OPR10, OPR11, OPR14, OPR18, BR1, BR2

    Uploaded by

    Pa Dadang
    1. The document discusses potential loss calculations from operational risks in coal mining. It estimates losses from stoppage in production could reach $14,240 per hour or Rp185,000,000 based on contracts of 6.5 million tons annually. 2. Early equipment replacement losses are also considered, estimating replacement of a bulldozer at 4 years of age rather than 8 would cost Rp1,571,000,000 due to depreciation and new purchase price. 3. Fuel losses from fires are calculated at Rp11,800 per liter based on 2015 industry fuel prices.

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    © All Rights Reserved
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    of 1

    Calculation Base

    1. Loss due to stop production, production target is not sufficient, and production decline.
    Risk Code : OPR1, OPR3, OPR9, OPR10, OPR11, OPR14, OPR18, BR1, BR2
    Assumed all the loses based on contractor service value of production activity. The value
    is US$ 16-18,5 per ton of coal. In example, PAMA coal production contract with KPC in
    2008 around 6.5 million tons a year or about 17 thousand tons a day. If effective working
    hours a day assumed 20 hours per day, so the production target 890 tons per hour.
    The losses if production stopped in one hour is 890 tons per hour x US$ 16 per tons =
    US$ 14.240,00 or around Rp185.000.000,00
    2. Loss due to early replacement units
    Risk Code: OPR2, OPR10, OPR11, OPR12
    The average age of mining heavy equipment usage is 5-10 years. Assumed if working
    age of bulldozer is 8 years if an error occurs the use of only 4 years of age. If using the
    new bulldozer Komatsu D31-P with the price is Rp800.000.000,00 and the interest value
    is 1%, so the price of new bulldozer in 4 years is Rp1.171.000.000,00.
    The depreciation value of bulldozer using straight line method = (800.000.000 0)/8 =
    100.000.000/years. The salvage value of bulldozer in 4th year if not damaged =
    100.000.000 x 4 = Rp400.000.000,00
    So, their loss is the salvage value in 4th year + the new price in 4th year = 400.000.000 +
    1.171.000.000,00 = Rp1.571.000.000,00
    3. Loss due to fuel oil on fire
    Risk Code: OPR18
    The industry fuel price in 2015 is Rp11.800,00/litre. If fuel burned because of an
    accident, the net loss for any fuel burned is Rp11.800,00/litre.

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