NE FY 2006 Earnings Report — Noble Corporation Plc Revenue & Financial Results | Market Cap Arena

Noble Corporation PlcNE

FY 2006 Earnings

Reported December 30, 2006

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$2.1B	—	—	—	—
Op. Income	$922M	—	—	—	—
Gross Margin	57.9%	—	—	—	—
Net Margin	34.8%	—	—	—	—
EPS (Diluted)	$5.33	—	—	—	—
Free Cash Flow	-$133M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$884M
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$46M
Other Expenses	$0
Operating Expenses	$46M
Cost & Expenses	$1.2B
OPERATING INCOME	$922M
Interest Income	$0
Interest Expense	$16M
Other Income/Expenses	-$239.0K
INCOME BEFORE TAX	$921M
Income Tax Expense	$189M
Net Income from Continuing Ops	$732M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$732M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$732M
D&A	$253M
EBIT	$922M
EBITDA	$1.2B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$884M
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$46M
Other Expenses	$0
Operating Expenses	$46M
Cost & Expenses	$1.2B
OPERATING INCOME	$922M
Interest Income	$0
Interest Expense	$16M
Other Income/Expenses	-$239.0K
INCOME BEFORE TAX	$921M
Income Tax Expense	$189M
Net Income from Continuing Ops	$732M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$732M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$732M
D&A	$253M
EBIT	$922M
EBITDA	$1.2B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$732M
Depreciation & Amortization	$253M
Stock-Based Compensation	$0
Deferred Income Tax	$4M
Other Non-Cash Items	$20M
Change in Working Capital	-$21M
OPERATING CASH FLOW	$989M
Capital Expenditure	-$1.1B
Acquisitions (Net)	$691M
Purchases of Investments	$0
Sales/Maturities of Investments	$46M
Other Investing Activities	$35M
NET CASH FROM INVESTING	-$350M
Net Debt Issuance	-$448M
Common Stock Repurchased	-$250M
Common Dividends Paid	$0
Other Financing Activities	-$22M
NET CASH FROM FINANCING	-$699M
FREE CASH FLOW	-$133M
Net Change in Cash	-$60M

Balance Sheet

Item	Amount
Cash & Equivalents	$62M
Short-Term Investments	$0
Net Receivables	$462M
Inventory	$4M
Other Current Assets	$21M
TOTAL CURRENT ASSETS	$570M
PP&E (Net)	$3.9B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$158M
TOTAL NON-CURRENT ASSETS	$4.0B
TOTAL ASSETS	$4.6B
Account Payables	$196M
Short-Term Debt	$10M
Deferred Revenue	$0
Other Current Liabilities	$221M
TOTAL CURRENT LIABILITIES	$426M
Long-Term Debt	$684M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$220M
Other Non-Current Liabilities	$34M
TOTAL NON-CURRENT LIABILITIES	$938M
TOTAL LIABILITIES	$1.4B
Common Stock	$13M
Additional Paid-In Capital	$0
Retained Earnings	$2.4B
Treasury Stock	$0
Accum. Other Comp. Income	-$20M
Other Equity	$789M
TOTAL STOCKHOLDERS' EQUITY	$3.2B
Minority Interest	$0
TOTAL EQUITY	$3.2B
TOTAL LIABILITIES & EQUITY	$4.6B
Total Debt	$694M
Net Debt	$632M