| Quarter | Quarter | 6 months | 6 months | 12 Months | |||
| ended | ended | ended | ended | ended | |||
| 30.06.13 | 30.06.12 | 30.06.13 | 30.06.12 | 31.12.12 | |||
| (USD 1000) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Audited) | ||
| Gross operating revenue | 31 138 | 24 588 | 96 453 | 61 523 | 141 136 | ||
| EBIT | 5 852 | 8 107 | 34 153 | 13 340 | 39 355 | ||
| Net Profit / (Loss) from continuing operations | 7 756 | 9 044 | 14 582 | 8 089 | 23 115 | ||
| Cash flow from operating activities | 51 949 | 22 492 | 68 221 | 49 413 | 92 531 | ||
| Investment in Multi Client Libraries | 35 900 | 23 917 | 55 478 | 40 860 | 76 162 | ||
| Multi-client library | 107 999 | 78 603 | 107 999 | 78 603 | 87 087 | ||
| Cash and cash equivalents | 24 138 | 13 654 | 24 138 | 13 654 | 16 988 |
Q2 Highlights
n Gross Multi-Client sales in the quarter totalled MUSD 30.5 (2012:MUSD 23.8)
n Revenue share on Multi-Client sales was 5.8% compared to 15.3% in Q2 2012, giving Multi-Client net revenue of MUSD 28.8 (2012:MUSD 20.2)
n Multi-Client revenue were comprised of late sales of MUSD 16.7 (2012: MUSD 13.1) and prefunding on Multi-Client investments of MUSD 13.9 (2012: MUSD 10.8)
n EBIT for the quarter was MUSD 5.9 (2012: MUSD 8.1)
n Multi-Client investments were MUSD 35.9 with 39% prefunding (2012:MUSD 5.9 with 182% prefunding)
n Operational cash flow in Q2 of MUSD 51.9 (2012:MUSD 22.5)
6 months Highlights
n Gross Multi-Client sales totalled MUSD 95.5 (2012:MUSD 59.6)
n Multi-Client investments were MUSD 55.5 with 44% prefunding (2012:MUSD 40.9 with 54% prefunding)
n Operational cash flow of MUSD 68.2 (2012:MUSD 49.4)
n EBIT was MUSD 34.2 (2012: MUSD 13.3)
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
