Financial Highlights

Year ended 31 December 2012

Revenue:

US$ 1,045.5 million

Year ended
31 December 2011:
US$ 1,147.9 million

Operating loss:

US$ (84.5)* million

Year ended
31 December 2011:
US$ 90.2* million profit

Loss:

US$ (105.0)* million

Year ended
31 December 2011:
US$ 74.0* million profit

Diluted EPS:

(42.4) cents

Year ended
31 December 2011:
26.5 cents earnings per share

Dividend:

Nil

Year ended
31 December 2011:
8.0 cents per share


* before exceptional items and before income tax

  2007 2008 2009 2010 2011 2012
Revenue $mn 467.3 740.8 425.5 503.8 1,147.9 1,045.5
EBITDA before exceptional items $mn 89.51 102.32 41.2 79.83 100.85 (62.3)6
EBITDA $mn 74.8 92.3 41.2 78.4 90.3 (67.0)
Net profit (loss) before income tax and exceptional items $mn 86.21 95.52 28.4 66.63 74.05 (105.0)6
Net profit (loss) $mn 71.5 85.5 28.4 65.2 63.3 (110.5)
Earnings per share - Diluted (cents) 35.7 42.6 14.2 30.04 26.5 (42.4)
Interim dividend (cents per share)

--

6.4

--

3.8 4.0 Nil
Final dividend (cents per share) 12.3 3.2 3.8 9.5 8.0 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 2007 relate to share based charges at the time of the Company’s AIM listing.
2 Exceptional items during 2008 relate to London Stock Exchange listing and share based charges.
3 Exceptional items during 2010 relate to Lamprell Asia Limited liquidation costs .
4 EPS has been restated for the bonus element of the 2011 rights issue.
5 Exceptional items during 2011 relate to MIS acquisition costs.
6 Exceptional items during 2012 relate to regulatory fine and related charges.