Petroleum Geo-Services2011年年度报告.pdf

1、 PGS AnnuAl RePoRt 2011 1oPeRAtionSAnnual Report 20112 PGS AnnuAl RePoRt 2011noteS to the conSolidAted finAnciAl StAtementSFinancial Calendar 2012May 3,2012Annual General MeetingOCtOber 25,2012Q3 2012 Earnings ReleaseDeCeMber 18,2012Capital Markets Day,OsloJuly 26,2012Q2 2012 Earnings ReleaseMay 8,2

2、012Q1 2012 Earnings ReleaseContentsKey Financial Figures 32011 Highlights 4Worldwide Offices 6Main Offices 7Letter from the CEO 8Introduction to Business Units 12Marine Contract 14MultiClient 20Operations 26Data Processing and Technology 32Corporate Responsibility:PGS Definition 38Health,Safety,Envi

3、ronment and Quality 40The PGS Share 42Corporate Governance 46Board of Directors 52Executive Management 54Board of Directors Report 56Responsibility Statement 66Consolidated Financial Statements 68Notes to the Consolidated Financial Statements 73Statements of Operations PGS ASA 121Notes to the Financ

4、ial Statements of PGS ASA 124Auditors Report 136 PGS AnnuAl RePoRt 2011 3Key finAnciAl fiGuReSKey Financial Figures20112010In millions of US dollars,except per share dataRevenues 1,253.31,135.1Adjusted EBITDA534.8475.4EBIT ex.impairment charges141.3130.5Net income33.7(14.0)EPS basic0.16(0.07)EPS dil

5、uted0.15(0.07)Cash flow from operations480.4355.5Capital expenditures(whether paid or not)279.9223.5MultiClient cash investments 203.9166.7Total assets 3,137.23,035.0MultiClient library 334.1310.8Cash and cash equivalient 424.7432.6Shareholders equity 1,771.71,755.3Net interest bearing debt394.2279.

6、21.Net impairment charge was USD 2.6 million and USD 79.1 million for the full year 2011 and 2010 respectively.Non Financial Figures20112010Head count 2,1452,090Lost Time Incident Frequency(LTIF)0.930.59Total Recordable Case Frequency(TRCF)1.441.94Vessel utilizatiON 2011In percent of total streamer