NORAM — Noram Drilling AS Income Statement

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Annual income statement for Noram Drilling AS, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	PRESS
Standards:	NAS	NAS	NAS	NAS	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	54.7	50.4	95.4	118	103
Cost of Revenue
Gross Profit	40	34	69.3	89.8	71.7
Selling / General / Administrative Expenses
Depreciation and Amortization
Other Operating Expenses
Total Operating Expenses	62.9	62.7	88.6	96	98.8
Operating Profit	-8.19	-12.3	6.88	22.3	4.27
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-16	-19.5	3.01	22.6	4.45
Provision for Income Taxes
Net Income After Taxes	-14	-18.8	2.98	19.2	2.25
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	-13.6	-18.8	2.98	19.2	2.25
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-13.6	-18.8	2.98	19.2	2.25
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-0.598	-0.805	0.104	0.44	0.052
Dividends per Share