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Income Statements: BW Offshore Ltd (BWO.OL)

BWO.OL on Oslo Stock Exchange

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Interim Income Statement
View: AnnualInterim

In Millions ofU.S. Dollars
(except for per share items)

Period Length
3 Months
Revenue 255.4
Other Revenue, Total --
Total Revenue 255.4
Cost of Revenue, Total 100.0
Gross Profit 155.4
Selling/General/Admin. Expenses, Total --
Research & Development --
Depreciation/Amortization 96.3
Interest Expense, Net - Operating --
Interest/Investment Income - Operating (0.5)
Interest Expense(Income) - Net Operating --
Unusual Expense (Income) 0.0
Other Operating Expenses, Total (4.6)
Total Operating Expense 191.2
Operating Income 64.2
Interest Expense, Net Non-Operating (21.3)
Interest/Invest Income - Non-Operating (20.0)
Interest Income(Exp), Net Non-Operating --
Gain (Loss) on Sale of Assets --
Other, Net 1.5
Net Income Before Taxes 24.4
Provision for Income Taxes 14.1
Net Income After Taxes 10.3
Minority Interest 0.3
Equity In Affiliates --
U.S. GAAP Adjustment --
Net Income Before Extra. Items 10.6
Accounting Change --
Discontinued Operations --
Extraordinary Item --
Tax on Extraordinary Items --
Net Income 10.6
Preferred Dividends --
General Partners' Distributions --
Miscellaneous Earnings Adjustment --
Pro Forma Adjustment --
Interest Adjustment - Primary EPS --
Income Available to Com Excl ExtraOrd 10.6
Income Available to Com Incl ExtraOrd 10.6
Basic Weighted Average Shares 184.96
Basic EPS Excluding Extraordinary Items 0.057
Basic EPS Including Extraordinary Items 0.057
Dilution Adjustment --
Diluted Weighted Average Shares 189.58
Diluted EPS Excluding ExtraOrd Items 0.056
Diluted EPS Including ExtraOrd Items 0.056
DPS - Common Stock Primary Issue 0.000
Gross Dividends - Common Stock --
Total Special Items 0.0
Normalized Income Before Taxes 24.4
Effect of Special Items on Income Taxes 0.0
Inc Tax Ex Impact of Sp Items 14.1
Normalized Income After Taxes 10.3
Normalized Inc. Avail to Com. 10.6
Basic Normalized EPS 0.057
Diluted Normalized EPS 0.056

Gabon oil workers' strike halts Vaalco terminal output - union

DAKAR, March 27 Production at a Gabonese petroleum terminal operated by VAALCO Energy Inc has been halted by a strike launched on Sunday over employees' annual leave, the oil workers' union said on Wednesday.