Siem Offshore Inc. · Kristiansand Norway
Key Siem Offshore Inc. Financials
| Company Type | Public - Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2001 Sales (mil.) | $281.7 |
| 2010 Employees | 828 |
Siem Offshore Inc. Income Statement
| Dec 01 | Dec 00 | Dec 99 | |
| Revenue | 281.7 | 275.3 | 314.5 |
| Cost of Goods Sold | 238.3 | 82.1 | 29.3 |
| Gross Profit | 43.4 | 193.2 | 285.2 |
| Gross Profit Margin | 15.4% | 70.2% | 90.7% |
| SG&A Expense | 47.9 | 251.5 | 283.2 |
| Depreciation & Amortization | -- | -- | -- |
| Operating Income | (4.5) | (58.2) | 2.0 |
| Operating Margin | -1.6% | -21.2% | 0.6% |
| Nonoperating Income | 3.7 | -- | -- |
| Nonoperating Expenses | 30.1 | 15.5 | 13.4 |
| Income Before Taxes | (30.8) | (73.8) | (11.4) |
| Income Taxes | 16.7 | (21.8) | (6.7) |
| Net Income After Taxes | (47.5) | (52.0) | (4.8) |
| Continuing Operations | -- | -- | -- |
| Discontinued Operations | -- | -- | -- |
| Total Operations | -- | -- | -- |
| Total Net Income | (47.5) | (52.0) | (4.8) |
| Net Profit Margin | -16.9% | -18.9% | -1.5% |
| Diluted EPS from Total Net Income | -- | -- | -- |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
Siem Offshore Inc. Balance Sheet
| Assets | Dec 01 | Dec 00 | Dec 99 |
| Current Assets | |||
| Cash | 14.1 | 23.1 | 32.4 |
| Net Receivables | 92.9 | 110.6 | 102.4 |
| Inventories | 0.0 | 0.0 | 0.0 |
| Other Current Assets | 1.9 | 0.1 | 0.0 |
| Total Current Assets | 109.0 | 133.8 | 134.8 |
| Net Fixed Assets | 294.9 | 282.9 | 313.5 |
| Other Noncurrent Assets | 13.4 | 39.8 | 28.9 |
| Total Assets | 417.3 | 456.4 | 477.2 |
| Liabilities | Dec 01 | Dec 00 | Dec 99 |
| Current Liabilities | |||
| Accounts Payable | 42.2 | 44.9 | 37.9 |
| Short-Term Debt | 0.0 | 0.0 | 0.0 |
| Other Current Liabilities | 58.3 | 76.5 | 34.1 |
| Total Current Liabilities | 100.4 | 121.4 | 72.1 |
| Long-Term Debt | 232.6 | 191.2 | 186.2 |
| Other Noncurrent Liabilities | 6.4 | 13.1 | 22.8 |
| Total Liabilities | 339.4 | 325.7 | 281.1 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | -- | -- | -- |
| Total Equity | 78.0 | 130.7 | 196.1 |
| Shares Outstanding (thou.) | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
Siem Offshore Inc. Cash Flow Statement
| Dec 01 | Dec 00 | Dec 99 | |
| Net Operating Cash Flow | -- | -- | -- |
| Net Investing Cash Flow | -- | -- | -- |
| Net Financing Cash Flow | |||
| Net Change in Cash | |||
| Depreciation & Amortization | |||
| Capital Expenditures | |||
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.