snto - Santos

10 Year Summary
1989-1998
As at 31 December 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998
Crude oil price (A$/bbl) 23.44 30.72 28.00 28.65 27.64 23.64 24.96 27.43 27.42 20.95
Profit and Loss ($million)
Sales revenue 560.6 709.5 655.9 689.8 680.2 640.0 671.6 729.2 778.5 769.4
Total operating revenue 603.0 812.9 702.0 741.5 931.6 716.6 740.1 804.0 859.5 1000.8
Foreign currency gains/(losses) 22.5 (1.3) (11.4) (36.8) (7.3) 66.3 (16.0) 25.0 3.6 2.0
Operating profit before abnormal items 123.0 254.8 223.5 245.1 289.2 295.9 241.0 331.9 322.3 267.3
Income tax on operating profit 52.6 112.0 106.8 104.9 104.8 116.2 101.1 136.0 116.1 91.0
Operating profit after tax
before abnormal items 70.4 142.8 116.7 140.2 184.4 179.7 139.9 195.9 206.2 176.3
Abnormal items after tax 48.4 18.5 (224.9) (27.5) 34.9 10.7 (29.3) – – –
Operating profit/(loss) after tax and
abnormal items 118.8 161.3 (108.2) 112.7 219.3 190.4 110.6 195.9 206.2 176.3
Outside equity interest in
operating profit 1.7 5.3 2.7 – – – – – – –
Profit/(loss) attributable to shareholders 117.1 156.0 (110.9) 112.7 219.3 190.4 110.6 195.9 206.2 176.3
Balance Sheet ($million)
Total assets 2,931.6 2,962.5 2,797.6 2,821.8 2,831.2 2,897.2 2,915.5 3,443.4 4,036.2 4236.1
Net debt 1,116.1 772.4 755.0 797.4 711.2 619.9 642.0 938.6 1,114.2 1280.0
Total shareholders' equity 1,123.8 1,380.2 1,215.1 1,231.7 1,380.6 1,532.2 1,519.3 1,586.3 1,919.0 1939.2
Exploration
Wells drilled (number) 133 119 80 41 66 63 66 91 112 81
Expenditure ($million) 109.2 97.5 79.8 76.7 79.6 91.9 87.9 121.1 190.1 180.7
Reserves (MMboe) 671 646 623 670 675 663 703 860 1,009 966
Production (MMboe) 35.6 36.0 34.2 34.6 36.3 37.2 36.8 39.2 41.1 45.6
Capital Expenditure ($million)
Field developments 54.9 88.9 51.9 33.2 40.0 52.2 53.9 105.8 179.7 158.1
Buildings, plant and equipment 59.7 60.9 69.1 75.6 80.6 30.5 40.1 150.3 205.4 165.7
Share Information
Share issues Executive 1 for 10 Dividend Dividend Dividend Dividend – – 1 for 8 Employee
Share Plan rights/ Reinvestment Reinvestment Reinvestment Reinvestment rights Share
Dividend Plan/ Plan Plan Plan/ issue/ Plan
Reinvestment Executive Executive Employee
Plan/ Share Plan Share Plan Share
Executive
Plan
Share Plan
Number of issued shares at year end (million) 404.3 450.4 473.0 498.6 517.9 539.6 539.6 539.6 607.3 607.8
Weighted average number of shares (million)* 427.5 438.0 477.5 495.7 518.8 539.2 553.3 553.4 583.7 605.6
Dividends per share
– ordinary (¢) 19.0 19.0 19.0 21.0 22.0 22.0 23.0 24.0 25.0 25.0
– special (¢) – – – – 5.0 – – – – –
Dividends
– ordinary ($million) 76.0 85.5 88.5 102.7 112.3 117.2 123.6 129.0 151.3 151.4
– special ($million) – – – – 25.8 – – – – –
Ratios and Statistics
Earnings per share *
– before abnormal items (¢) 16.1 31.4 23.9 28.3 35.5 33.3 25.3 35.4 35.3 29.1
– after abnormal items (¢) 27.4 35.6 (23.2) 22.7 42.3 35.3 20.0 35.4 35.3 29.1
Return on total operating revenue (%) 11.7 17.6 16.6 18.9 24.3 25.1 18.9 24.4 24.0 17.6
Return on shareholders' equity (%) 6.6 10.6 9.7 11.4 13.4 11.7 9.2 12.3 10.7 9.1
Net debt/equity (%) 99.3 56.0 62.1 64.7 51.5 40.5 42.3 59.2 58.1 66.0
Net interest cover (times) 1.9 3.2 4.1 5.9 7.0 8.3 5.8 6.2 5.4 4.4
General
Number of employees 1,655 1,683 1,570 1,468 1,526 1,492 1,471 1,461 1,615 1,650
Number of shareholders 26,499 26,251 29,706 35,492 42,068 50,595 55,684 55,482 65,459 81,286
Market capitalisation ($million) 1,639.3 1,779.8 1,399.2 1,288.5 1,988.1 1,868.2 2,111.2 2,741.1 3,826.1 2653.9
* adjusted for bonus element of rights issues.
Prior year amounts have, where applicable, been adjusted to place them on a comparable basis with current year amounts.
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