Annual Report 2011 - PGS
Annual Report 2011 - PGS
Annual Report 2011 - PGS
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Key Financial Figures<br />
Key Financial Figures<br />
<strong>2011</strong> 2010<br />
In millions of US dollars, except per share data<br />
Revenues 1,253.3 1,135.1<br />
Adjusted EBITDA 534.8 475.4<br />
EBIT ex. impairment charges¹ 141.3 130.5<br />
Net income 33.7 (14.0)<br />
EPS basic 0.16 (0.07)<br />
EPS diluted 0.15 (0.07)<br />
Cash flow from operations 480.4 355.5<br />
Capital expenditures (whether paid or not) 279.9 223.5<br />
MultiClient cash investments 203.9 166.7<br />
Total assets 3,137.2 3,035.0<br />
MultiClient library 334.1 310.8<br />
Cash and cash equivalient 424.7 432.6<br />
Shareholders equity 1,771.7 1,755.3<br />
Net interest bearing debt 394.2 279.2<br />
1. Net impairment charge was USD 2.6 million and USD 79.1 million for the full year <strong>2011</strong> and 2010 respectively.<br />
Non Financial Figures<br />
<strong>2011</strong> 2010<br />
Head count 2,145 2,090<br />
Lost Time Incident Frequency (LTIF) 0.93 0.59<br />
Total Recordable Case Frequency (TRCF) 1.44 1.94<br />
Vessel Utilization <strong>2011</strong><br />
In percent of total streamer months<br />
Revenues <strong>2011</strong><br />
Split of total revenues in percent<br />
1% Other<br />
6% Yard<br />
9% Data Processing<br />
11% Steaming<br />
24% MultiClient<br />
59% Contract<br />
22% MultiClient<br />
late sales<br />
50% Contract<br />
revenues<br />
18% MultiClient<br />
pre-funding<br />
<strong>PGS</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong> 3