DnB NOR Markets Oil, Offshore and Shipping Conference - PGS
DnB NOR Markets Oil, Offshore and Shipping Conference - PGS
DnB NOR Markets Oil, Offshore and Shipping Conference - PGS
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Financial Summary<br />
USD million<br />
400<br />
300<br />
200<br />
100<br />
391<br />
Revenues<br />
361<br />
294 304<br />
296<br />
259<br />
215<br />
364<br />
USD million<br />
200<br />
150<br />
100<br />
50<br />
206<br />
154<br />
170<br />
EBITDA<br />
142<br />
99<br />
71<br />
131<br />
162<br />
-<br />
-<br />
Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10<br />
Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10<br />
USD<br />
million<br />
150<br />
100<br />
50<br />
155<br />
81<br />
105<br />
EBIT*<br />
45<br />
35<br />
52<br />
45<br />
USD million<br />
250 Cash flow from operations<br />
208<br />
200<br />
164 159<br />
145<br />
150<br />
116<br />
100<br />
64 61<br />
50<br />
104<br />
0<br />
5<br />
0<br />
Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10<br />
Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10<br />
Graphs show numbers for <strong>PGS</strong> continuing business.<br />
*Excluding reversal of impairment of USD 1.3 million in Q4 2010 <strong>and</strong> excluding impairments of USD 79.9 million in Q3 2010, USD 0.5 million in Q1 2010, USD<br />
2.4 million in Q4, USD 52.4 million in Q3, USD 48.2 million in Q2 <strong>and</strong> USD 50.6 million in Q1 2009.<br />
EBITDA, when used by the Company, means income before income tax expense (benefit) less, currency exchange gain (loss), other financial<br />
expense, other financial income, interest expense, income (loss) from associated companies, impairments of long-lived assets <strong>and</strong> depreciation <strong>and</strong><br />
amortization.<br />
-4-
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