Feb 4, 2016 - This survey can be found at the Prosafe web site: www.prosafe.com/getfile.php/PDF%20 · Filer/2016-02%20RDIR%20Report.pdf. In December ...
This report is a short version of the annual report.
For a full report, including a presentation of executive management and board of directors, information about HSEQA, corporate governance, social responsibility, risk management and financial and analytical information, please refer to the Download centre on Prosafe’s website www.prosafe.com. In order to present updated and correct information at all times, we will endeavour to update the information on the website whenever required throughout the year.
2
CONTENT 5 Financial calendar and key figures 6 About Prosafe 8 Directors’ report 24 Statement of the member of the board of directors and other responsible persons 26 Consolidated accounts 70 Accounts Prosafe SE 88 Independent auditors’ report 92 Fleet overview
3
4
FINANCIAL CALENDAR REPORTING RESULTS The following dates have been set for quarterly interim reporting and presentations in 2016: 1st quarter 2nd quarter 3rd quarter 4th quarter
12 May 2016 24 August 2016 3 November 2016 9 February 2017
ANNUAL GENERAL MEETING The AGM for Prosafe SE will be held in the company’s premises at Stadiou 126, CY-6020 Larnaca, Cyprus on 25 May 2016.
KEY FIGURES Note
2015
2014
2013
2012
2011
474.7
548.7
523.5
510.4
449.6
Profit Operating revenues
USD million
EBITDA
USD million
262.9
312.6
306.6
280.1
257.6
Operating profit
USD million
30.8
248.3
245.1
222.4
192.3
Net profit
USD million
(50.6)
178.8
199.1
177.5
158.0
0.21
0.76
0.85
0.80
0.71
Earnings per share
USD
1
2
Balance sheet Total assets
USD million
2 187.2 1 816.8 1 619.9 1 487.2 1 376.1
Interest-bearing debt
USD million
1 107.5
830.1
779.6
810.4
760.5
Net interest-bearing debt
USD million
3 1 150.4
707.7
666.2
706.8
667.1
Book equity
USD million
715.2
748.5
739.7
516.3
461.8
32.6 %
41.2 %
45.7 %
34.7 %
33.6 %
USD million
619
725
1 816
1 894
1 529
NOK
21.00
23.00
46.80
47.32
40.99
Book equity ratio
4
Valuation Market capitalisation Share price
1. Operating profit before depreciation 2. Net profit / Average number of outstanding and potential shares 3. Interest-bearing debt - Cash and deposits 4. (Book equity / Total assets) * 100
5
ABOUT PROSAFE Prosafe is the world’s leading owner and operator of semisubmersible accommodation vessels. The company operates globally and employed 851 people at year-end. 6
storage capacity offshore. Prosafe’s vessels have accommodation capacity for 306-812 people and offer high quality welfare and catering facilities, storage, workshops, offices, medical services, deck cranes and lifesaving and fire fighting equipment. The vessels are positioned alongside the host installation and are connected by means of a telescopic gangway so that personnel can walk to work.
List of acronyms for various chemicals: BPA bisphenol A. PAH polycyclic aromatic hydrocarbon. SCCP short chained chlorinated paraffins. Phthalate. Acronyms.
Mar 12, 2014 - Ted O'Connor (ii). Tipperary Co-operative Society Limited. John O'Brien (i). Chairman Audit Sub-Committee. Electoral Area B. Bertie O'Leary(i).
Jun 9, 2017 - Established in 1789, Georgetown University is one of the world's leading academic and research institutions, offering ...... Taghreed Jamal Al-deen, Deakin University, Melbourne. Nezar Al .... Tamir Sorek, University of Florida.
Mar 12, 2014 - the best of Irish butter, cheese and milk powders to over 100 countries .... CAYMAN ISLANDS .... by our funding banks of the IDB's strategic.
Jun 9, 2017 - Established in 1789, Georgetown University is one of the world's leading academic and research institutions ...... Estella Carpi, University College London and Save the Children; Andrea Rigon,. University ...... Taghreed Jamal Al-deen,
one of the most successful years Bake Me Home has ever had were it not for our .... provide dessert on all Honor Flight Tri-State .... United States Marine Corps.
UAE are now buying Australian uranium to fuel their reactors. With the number ... from ideology to a rational scientific and political debate. The challenges ..... This is designed to enhance ...... extreme storms, and highly variable annual rainfall
6 days ago - Mr. Robert Reynolds and Mrs. Elizabeth Reynolds .... Ms. Alexandra B. Reynolds. Rose W. Drucker ...... Gift of Xin Yifu, Alfred A. Xin, and Family.
continue to see the agriculture community with less presence amongst an increasingly ..... or 3 new things by attending ...... Telephone, fax and internet. 41,747.
Apr 17, 2014 - Accounting and Reporting . ... year could be best defined as dynamic and focused on forward-going .... The Bank's subsidiary, OJSC SME Bank launches a .... STRATEGIC COMPUTER TECHNOLOGIES AND SOFTWARE.
