NATDF Financials 07/16/2014 12:45:36 North Atlant

NATDF Financials 07/16/2014 12:45:36
North Atlantic Drilling Ltd.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Total Revenue 1,324,300 1,044,700 938,000
Cost of Revenue 183,700 82,200 30,000
Gross Profit 1,140,600 962,500 908,000
Operating Expenses
Research and Development - - -
Sales, General and Admin. 592,000 395,600 365,300
Non-Recurring Items - - -
Other 188,000 162,800 140,700
Operating Income 360,600 404,100 402,000
Income From Continuing Operations
Add'l Income/Expense Items (11,200) (28,900) (38,200)
Earnings Before Interest and Tax 349,400 375,200 363,800
Interest Expense 84,900 83,900 77,600
Earnings Before Tax 264,500 291,300 286,200
Income Tax 28,900 109,600 39,500
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations 235,600 181,700 246,700
Non Recurring Events
Discontinued Operations - - 3,200
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income 235,600 181,700 249,900
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders 235,600 181,700 249,900