Financials: annual overview

Financial Results - Press releases

2016

2015

2014

2013

2012

2011

Annual overview
Key Indicators

In millions of US$ (unless mentioned otherwise) 2009 2010 2011 2012 2013 2014 2015 2016
Production (boepd) 7,442 7,671 13,158 36,940 46,178 44,400 40,391 40,351
Revenue 116.0 178.2 300.8 737.1 895.0 781.9 448.9 348.0
EBITDA(1) 58.9 98.0 187.9 456.5 551.5 494.7 229.4 194.3
EBITDA margin 50.8% 55.0% 54.8% 61.9% 61.6% 63.3% 51.0% 56.0%

Net cash flows from operating activities

45.9 99.0 132.2 291.8 358.6 349.1 153.3 206.5

Net cash used in investing activities (2)

(200.7) (132.2) (103.7) (269.7) (239.0) (304.5) (245.3) (204.8)

Cash & cash equivalents (3)

158.7 147.9 128.5 251.4 244.1 400.4 165.6 101.1
Total debt 356.3 444.4 447.5 622.9 628.4 945.1 951.5 959.0
Net debt (4) 198.0 296.4 319.1 371.5 384.3 544.7 785.9 857.9
Non-current assets 819.8 965.1 1,126.9 1,251.6 1,426.0 1,698.6 1,854.1 1,919.1
Total assets 1,022.8 1,137.6 1,306.2 1,602.7 1,760.8 2,208.2 2,188.4 2,106.5
Equity 477.8 500.7 585.2 695.1 832.5 917.7 773.8 692.0
Debt/equity 0.7x 0.9x 0.8x 0.9x 0.8x 1.0x 1.2x 1.4x
Net debt/EBITDA 3.4x 3x 1.7x 0.8x 0.7x 1.1x 3.4x 4.4x
Consolidated financials thumb_pdf.png thumb_pdf.png thumb_pdf.png thumb_pdf.png thumb_pdf.png thumb_pdf.png thumb_pdf.png thumb_pdf.png


(1) Defined as profit before tax net of non-recurring expenses, finance costs, foreign exchange loss/gain, ESOP, depreciation, interest income, other income and expenses.
(2) IFRS term based on indirect cash flow method
(3) Defined as cash and cash equivalents including restricted cash, current and non-current investments
(4) Defined as total debt minus cash and cash equivalents