Investor Centre

Financial Highlights

12 months ended 31 December 2013

Revenue:

US$ 1,091.8 million

12 months ended
31 December 20121:
US$ 1,025.9 million

Operating profit:

US$ 52.9 million

12 months ended
31 December 20121:
US$ (94.9) million

Profit Before Tax:

US$ 40.2million*

12 months ended
31 December 20121:
US$ (110.7) million*

Diluted EPS:

13.99 US Cents

12 months ended
31 December 20121:
(42.72) US Cents loss per share

Dividend:

Nil

12 months ended
31 December 20121:
Nil

* before exceptional items and before income tax

1 Financial results for the year 2012 have been re-stated due to the adoption of IAS 19 (actuarial valuation of employee benefits) and represented due to IFRS 5 (discontinued operations) and further details are provided in the notes to the Financial Statements.


  2009 2010 2011 20126 20136
Revenue $mn 425.5 503.8 1,147.9 1025.9 1091.8
EBITDA before exceptional items $mn 41.2 79.81 100.83 (63.0)4 86.15
EBITDA $mn 41.2 78.4 90.3 (67.7) 77.7
Net profit (loss) before income tax and exceptional items $mn 28.4 66.61 74.03 (105.7)4 45.95
Net profit (loss) $mn 28.4 65.2 63.3 (111.2) 36.4
Earnings per share - Diluted (cents) 14.2 30.02 26.5 (42.7) 14.0
Interim dividend (cents per share)

Nil

3.8 4.0 Nil Nil
Final dividend (cents per share) 3.8 9.5 8.0 Nil Nil

Previous years’ figures have been normalised in line with current year presentation of results to include exceptional items for all years

1 Exceptional items during 2010 relate to Lamprell Asia Limited liquidation costs.
2 EPS has been restated for the bonus element of the 2011 rights issue.
3 Exceptional items during 2011 relate to MIS acquisition costs.
4 Exceptional items during 2012 relate to regulatory fine and related charges.
5 Exceptional items during 2013 relate to the cost of the debt refinancing.
6 Revenue for the year is from the Group's continuing operations only; all other figures for years 2013 and 2012 include the profit from continuing and discontinued operations.