We are establishing the appropriate capital structure for the business.

  • We are currently exploring a range of refinancing options to reduce our interest costs.
KPI and performance

Group Return on Capital Employed (%)

Graph of return on capital employed from 2010 to 2013
Link to strategy


ROCE is a key measure of our profitability and the efficiency with which our capital is employed. ROCE is calculated as underlying EBITDA divided by capital employed.

KPI and performance

PT Berau net debt ($m)***

PT Berau net debt from 2009 to 2013
Link to strategy


Net debt measures how we are managing our capital structure. Net debt is calculated as borrowings adjusted for cash and cash equivalents.

*** 100% of PT Berau under local management reporting, in accordance with Indonesian GAAP, which has been used to provide a longer comparative period.