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Transocean Proxy Statement and 2010 Annual Report

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TRANSOCEAN LTD.<br />

BALANCE SHEET<br />

(in CHF thous<strong>and</strong>s)<br />

December 31, December 31,<br />

<strong>2010</strong> 2009<br />

Assets<br />

Cash 35,710<br />

5,422<br />

Receivables from affiliates 4,267<br />

2,870<br />

Trade <strong>and</strong> other current assets 6,908<br />

1,089<br />

Total current assets 46,885<br />

9,381<br />

Property <strong>and</strong> equipment 1,258<br />

Less accumulated depreciation 295<br />

Property <strong>and</strong> equipment, net 963<br />

Investment in affiliates 16,476,198<br />

Long-term note receivable from affiliates -<br />

Treasury Shares 256,949<br />

Other non-current assets 78<br />

Total assets 16,781,073<br />

Liabilities <strong>and</strong> shareholders' equity<br />

Accounts payable to affiliates 2,103<br />

Trade <strong>and</strong> other current liabilities 38,360<br />

Total current liabilities 40,463<br />

Other non-current liabilities 2,713<br />

Total non-current liabilities 2,713<br />

Share capital<br />

Legal reserve<br />

General legal reserves<br />

5,028,529<br />

Reserve from capital contribution<br />

Reserve for treasury shares<br />

7,925,000<br />

Reserve from capital contribution<br />

Free reserve<br />

279,628<br />

Reserve from capital contribution<br />

Retained earnings<br />

3,243,051<br />

Earnings brought forward 36,713<br />

Net Income of the period 224,976<br />

Total shareholders' equity 16,737,897<br />

Total liabilities <strong>and</strong> shareholders' equity 16,781,073<br />

See accompanying notes.<br />

SR-3<br />

1,275<br />

65<br />

1,210<br />

16,476,198<br />

30,725<br />

-<br />

77<br />

16,517,591<br />

3,275<br />

1,395<br />

4,670<br />

-<br />

-<br />

5,028,529<br />

7,947,579<br />

100<br />

3,500,000<br />

45<br />

36,668<br />

16,512,921<br />

16,517,591

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