X hits on this document

121 views

0 shares

0 downloads

0 comments

6 / 51

2006 operating and financial highlights

Installation of subsea wellheads for the Casino gas field, Otway Basin, offshore Victoria.

  • Production up 9% to record 61.0 mmboe.

  • Revenue up 12% to record $2.8 billion.

  • Reported net profit after tax down 16% to $643 million impacted by impairment adjustments and one-off expenses.

  • Underlying net profit after tax up 7% to record $683 million.

  • Dividend up 5% to 40 cents per share.

  • Proven plus Probable (2P) reserves up 6% to 819 mmboe.

Sales ($million) Operating profit before tax ($million) Cash flow from operations ($million) Earnings per share (cents) Ordinary dividends per share (cents) Operating cash flow per share (cents) Total shareholders’ funds ($million) Return on average ordinary equity (%) Return on average capital employed (%) Net debt/(net debt plus equity) (%) Net interest cover (times)

‘04

‘05

‘06

Sales gas & ethane

Condensate

PRODUCTION BY PRODUCT

61.0 mmboe

Crude oil

LPG

DIVIDENDS PER SHARE

40 cents

70 60 50 40 30 20 10 0

47.1

56.0

61.0

54

124

103

33

38

40

‘04

‘05

‘06

2 Santos Annual Report 2006

150

125

100

75

50

25

0

Earnings per share

Ordinary dividend per share

32.5%

35.0%

30.2%

RETURN ON EQUITY

GEARING

23.8%

30.2%

‘04

‘05

‘06

Sales gas & ethane

Condensate

40 35 30 25 20 15 10 5 0

19.9

35.1

23.8

‘04

‘05

‘06

0

‘04

‘05

‘06

1,450

‘06

1200

800

400

605

1,599

900

2,769

LPG

OPERATING CASH FLOW

$1,550m

1600

1800

600

SALES REVENUE

$2,769m

500

0

Crude oil

1,458

1,550

1500

1200

1,133

300

3000

2500

2000

1500

1000

0

1,501

2,463

‘04

Gearing

Net debt

‘05

2006

2005

% change

2,769.1

2,462.8

12

964.7

1,133.5

(15)

1,550.3

1,457.9

6

102.8

124.4

(17)

40

38

5

260.0

248.0

5

3,355.5

2,963.9

13

23.8

35.1

(32)

15.1

19.8

(24)

30.2

35.0

(14)

10.1

14.9

(32)

NET PROFIT AFTER TAX

$643m

800

762

643

600

400

355

200

0

‘04

‘05

‘06

SAFETY PERFORMANCE

6.4

Total recordable case frequency rate (per million hours worked)

10

8

6.4

6.4

6

4.9

4

2

0

‘04

‘05

‘06

Document info
Document views121
Page views121
Page last viewedTue Dec 06 02:36:44 UTC 2016
Pages51
Paragraphs2698
Words22578

Comments