Key Figures

		Note	2021	2020	2019	2018	2017

Profit
Operating revenues	USD million		141.1	56.7	225.4	330.8	283.0
EBITDA	USD million	1	24.9	(9.5)	97.1	166.6	122.9
Operating profit	USD million		(49.8)	(864.3)	(342.6)	53.0	(578.2)
Net profit	USD million		927.9	(950.1)	(399.9)	(114.5)	(647.1)
Earnings per share (fully diluted)	USD	2 , 7	263.3	(10.798.2)	(4,540.0)	(1,300.0)	(7,350.0)

Balance sheet
Total assets	USD million		492.8	587.7	1 480.2	1 736.8	1 947.0
Interest-bearing debt	USD million		423.3	1 509.4	1 397.9	1 243.0	1 347.7
Net interest-bearing debt	USD million	3	1349.4	1 349.1	1 199.8	1 102.7	1 115.8
Book equity	USD million		36.3	(948.5)	2.4	400.2	497.6
Book equity ratio	%	4	7.4	(161.4)	0.2	23.0	26.0
Liquidity reserve	USD million	5	73.9	160.3	198.1	277.3	231.9
Net cash flow	USD million		(86.4)	(37.8)	57.8	(91.6)	26.2
Net working capital	USD million	6	61.7	(1 279.3)	(1 158.2)	58.7	221.3

Valuation
Market Capitalisation at year-end	USD million		158.0	10.4	19.7	126.7	118.1
Share Price	NOK	7	158.4	1,080.0	2,110.0	13,400.0	12,000.0

Operations
Fleet utilisation rate			54.5%	20.4%	50.9%	47.3%	38.4%

Operating profit before depreciation
Net profit / Average number of outstanding and potential shares
Interest-bearing debt – Cash and deposits
(Book equity / Total assets) * 100
Cash and deposits + available liquidity reserve balance under a committed revolving credit facility
Current Assets – Current Liabilities
On 27 January 2022, Prosafe completed a 1,000:1 reverse split of the Company’s shares. As a result, the calculation of the earnings per share price for current and prior year presented/restated was based on the new number of shares

Shareholder Information