SUBC — Subsea 7 SA Income Statement

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Annual income statement for Subsea 7 SA, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2019 December 31st	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	3,657	3,466	5,010	5,136	5,974
Cost of Revenue
Gross Profit	416	204	342	344	432
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	3,678	4,500	4,938	4,987	5,869
Operating Profit	-21.2	-1,034	71.7	149	105
Total Net Non Operating Interest Income / Expense
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-52.9	-1,072	101	136	80
Provision for Income Taxes
Net Income After Taxes	-82.4	-1,105	36.4	36.4	10
Minority Interest
Net Income Before Extraordinary Items
Net Income	-83.6	-1,093	31.8	57.1	15.4
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-83.6	-1,093	31.8	57.1	15.4
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	0.081	-0.411	0.252	0.123	0.412
Dividends per Share