Subsea 7 S.A. | Income Statement
Fiscal year is January-December. All values NOK Millions.
2013
2014
2015
2016
2017
2018
Sales/Revenue
37,031
43,318
38,408
29,955
32,946
33,158
Cost of Goods Sold (COGS) incl. D&A
32,540
35,378
29,246
21,420
25,758
29,122
Gross Income
4,491
7,941
9,163
8,535
7,188
4,035
SG&A Expense
1,627
1,850
2,108
1,644
1,797
2,075
EBIT
-
5,985
7,054
6,891
5,391
1,961
Unusual Expense
206
8,013
6,374
2,871
237
296
Non Operating Income/Expense
123
162
211
342
250
75
Interest Expense
384
139
46
58
171
87
Pretax Income
2,223
1,883
981
4,454
4,937
1,783
Income Tax
946
957
1,791
1,330
826
422
Equity in Affiliates
747
436
512
390
353
23
Consolidated Net Income
2,024
2,404
299
3,513
3,758
1,339
Net Income
2,056
2,130
137
3,662
3,760
1,485
Net Income After Extraordinaries
2,056
2,130
137
3,662
3,760
1,485
Net Income Available to Common
2,056
2,130
137
3,662
3,760
1,485
EPS (Basic)
6.17
6.43
0.40
11.25
11.57
4.56
Basic Shares Outstanding
333
331
326
326
326
325
EPS (Diluted)
5.49
6.44
0.42
10.68
11.22
4.54
Diluted Shares Outstanding
375
331
326
343
338
327
EBITDA
4,963
8,530
10,231
9,930
8,821
5,383
Other Operating Expense
58
106
-
-
-
-
Non-Operating Interest Income
130
122
135
150
203
131
Minority Interest Expense
32
274
161
149
2
147
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