NE FY 2015 Earnings Report — Noble Corporation Plc Revenue & Financial Results | Market Cap Arena

Noble Corporation PlcNE

FY 2015 Earnings

Reported February 25, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$3.4B	—	—	—	—
Op. Income	$1.3B	—	—	—	—
Gross Margin	42.3%	—	—	—	—
Net Margin	14.9%	—	—	—	—
EPS (Diluted)	$2.06	—	—	—	—
Free Cash Flow	$1.3B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$3.4B
Cost of Revenue	$1.9B
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$77M
SG&A Expenses	$77M
Other Expenses	$0
Operating Expenses	$77M
Cost & Expenses	$2.0B
OPERATING INCOME	$1.3B
Interest Income	$0
Interest Expense	$214M
Other Income/Expenses	-$598M
INCOME BEFORE TAX	$742M
Income Tax Expense	$159M
Net Income from Continuing Ops	$583M
Net Income from Discontinued Ops	$0
Other Adjustments	-$11M
NET INCOME	$500M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$500M
D&A	$634M
EBIT	$1.3B
EBITDA	$2.0B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$3.4B
Cost of Revenue	$1.9B
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$77M
SG&A Expenses	$77M
Other Expenses	$0
Operating Expenses	$77M
Cost & Expenses	$2.0B
OPERATING INCOME	$1.3B
Interest Income	$0
Interest Expense	$214M
Other Income/Expenses	-$598M
INCOME BEFORE TAX	$742M
Income Tax Expense	$159M
Net Income from Continuing Ops	$583M
Net Income from Discontinued Ops	$0
Other Adjustments	-$11M
NET INCOME	$500M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$500M
D&A	$634M
EBIT	$1.3B
EBITDA	$2.0B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$500M
Depreciation & Amortization	$634M
Stock-Based Compensation	$39M
Deferred Income Tax	-$36M
Other Non-Cash Items	$1.8B
Change in Working Capital	$124M
OPERATING CASH FLOW	$1.8B
Capital Expenditure	-$437M
Acquisitions (Net)	$5M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$10M
NET CASH FROM INVESTING	-$433M
Net Debt Issuance	-$397M
Common Stock Repurchased	-$101M
Common Dividends Paid	-$316M
Other Financing Activities	-$69M
NET CASH FROM FINANCING	-$886M
FREE CASH FLOW	$1.3B
Net Change in Cash	$444M

Balance Sheet

Item	Amount
Cash & Equivalents	$512M
Short-Term Investments	$0
Net Receivables	$554M
Inventory	$0
Other Current Assets	$56M
TOTAL CURRENT ASSETS	$1.2B
PP&E (Net)	$11.5B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$93M
Other Non-Current Assets	$49M
TOTAL NON-CURRENT ASSETS	$11.6B
TOTAL ASSETS	$12.9B
Account Payables	$165M
Short-Term Debt	$300M
Deferred Revenue	$88M
Other Current Liabilities	$256M
TOTAL CURRENT LIABILITIES	$864M
Long-Term Debt	$4.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$93M
Other Non-Current Liabilities	$417M
TOTAL NON-CURRENT LIABILITIES	$4.6B
TOTAL LIABILITIES	$5.4B
Common Stock	$2M
Additional Paid-In Capital	$628M
Retained Earnings	$6.1B
Treasury Stock	$0
Accum. Other Comp. Income	-$63M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.7B
Minority Interest	$723M
TOTAL EQUITY	$7.4B
TOTAL LIABILITIES & EQUITY	$12.9B
Total Debt	$4.5B
Net Debt	$4.0B