Valaris Limited

VAL ·Energy, Oil & Gas Equipment & Services
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2010 FY2009 FY2008
Revenue
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $86.1M $64.0M $53.8M
Operating Income $635.9M $926.4M $1.28B
Operating Margin
Interest Expense $0
Pretax Income $654.1M $935.2M $1.28B
Income Tax Expense $97.2M $180.0M $222.4M
Net Income $579.5M $779.4M $1.15B
Net Margin
EPS (Basic) $4.06 $5.48 $8.04
EPS (Diluted) $4.06 $5.48 $8.02
Shares Outstanding (Basic) 141.0M 140.4M 141.6M
Shares Outstanding (Diluted) 141.0M 140.5M 141.9M
Dividends Per Share $1.08 $0.10 $0.10
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