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Financial Information

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Breakdown of 2012 Revenue by Activity and Region

Revenues

Quarterly Revenues, Yearly Results and Cash Flow/Capex
  • Quarterly Revenues:

(in million $)

2011

2012

Variation in %

Q1

728

787

+ 8%

Q2

750

831

+ 11%

Q3

797

855

+ 7%

Q4

906

938

+4%

TOTAL

3,180

3,411

+7%

  • Yearly Results:

(in million $)

2008

2009

2010

2011

2012*

Group Revenue

3,850

3,109

2,904

3,180

3,411

- Sercel

832

858

1,000

1,142

1,204

- Services

1837

2,379

2,083

2,289

2,457

Eliminations

-67

-127

-178

-251

-251

Group EBITDA

1,566

992

824

852

1,011

- Margin

41%

32%

28%

27%

30%

- Sercel

423

228

341

408

427

- Margin

35%

27%

34%

36%

35%

- Services

1,230

834

580

592

721

- Margin

45%

35%

28%

26%

29%

Group Operating Income

800

309

220

208

365

- Margin

21%

10%

8%

7%

11%

Sercel

386

186

290

355

380

- Margin

32%

22%

29%

31%

32%

Services

531

203

37

9

131

- Margin

20%

9%

2%

0%

5%

Net Income

503

110

29

-13

105

Net Debt

1,432

1,324

1,536

1,411

785

- Net Debt to Equity Ratio

35%

34%

41%

37%

17%

*Before the impact of $48 million non-recurring items related to the acquisition of Fugro Geoscience Division. These $48 million include $18 million in fees related to the operation and its financing and $30 million of impairment of goodwill linked to the brand Veritas.

Cash Flow

Accelerated Refinancing Program

DebtMaturity

Financial Indicators – Balance Sheet

Balance Sheet