Valaris plc (ESV)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Revenues

2,053

1,705

1,843

2,776

4,063

4,564

4,323

3,638

2,599

1,674

1,888

2,242

1,899

OPERATING EXPENSES
Cost of Goods and Services Sold

1,806

1,319

1,189

1,301

1,869

2,076

1,947

1,642

1,286

741

709

736

613

Asset Impairment Charges

104

40

182

0

2,746

4,218

0

0

-

-

-

-

-

Depreciation expense

609

478

444

445

572

537

496

443

357

210

189

172

165

General and administrative

188

102

157

100

118

131

146

148

158

86

64

53

59

Total operating expenses

2,708

1,941

1,975

1,847

5,306

6,965

2,590

2,235

1,802

1,038

962

962

838

Equity in earnings of ARO

-12

0

0

-

-

-

-

-

-

-

-

-

-

OPERATING LOSS

-668

-235

-132

929

-1,243

-2,400

1,733

1,403

796

635

926

1,279

1,060

OTHER INCOME (EXPENSE)
Interest income

28

14

25

13

9

13

16

22

17

0

2

-

-

Interest expense, net

428

282

224

228

216

161

158

123

95

0

-

-

-

Other, net

1,004

-34

134

283

-21

0

42

2

20

17

6

-

-

Other income (expense), net

604

-303

-64

68

-227

-147

-100

-98

-57

18

8

-4

37

LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES

-63

-538

-196

997

-1,471

-2,548

1,633

1,304

739

654

935

1,275

1,098

PROVISION FOR INCOME TAXES
PROVISION FOR INCOME TAXES
Current income tax expense

104

33

54

79

144

264

193

200

124

80

159

218

231

Deferred income tax expense (benefit)

23

56

55

28

-158

-123

10

27

-13

16

20

4

3

Total provision for income taxes

128

89

109

108

-13

140

203

228

111

97

180

222

235

LOSS FROM CONTINUING OPERATIONS

-192

-628

-305

889

-1,457

-2,689

1,430

1,076

627

556

755

1,053

863

DISCONTINUED OPERATIONS
Income (loss) from discontinued operations, net

-

-

-

-

-

-

-

-

-

-9

-

126

135

(Loss) gain on disposal of discontinued operations, net

-

-

-

-

-

-

-

-

-

38

-

-23

-

INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET

0

-8

1

8

-128

-1,199

-2

100

-21

29

29

103

135

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-192

-636

-304

897

-1,585

-3,888

1,427

1,176

605

585

784

1,156

998

NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS

5

3

-0

6

8

14

9

7

5

6

5

5

6

NET LOSS ATTRIBUTABLE TO VALARIS

-198

-639

-303

890

-1,594

-3,902

1,418

1,169

600

579

779

1,150

992

EARNINGS (LOSS) PER SHARE - BASIC AND DILUTED
Continuing operations (in dollars per share)

-1.14

-5.82

-3.66

3.10

-6.33

-11.70

6.09

4.62

3.20

3.86

5.28

7.32

5.80

Discontinued operations (in dollars per share)

0.00

-0.08

0.00

0.03

-0.55

-5.18

-0.01

0.43

-0.11

0.20

0.20

0.72

0.91

Total earnings per share - basic

-1.14

-5.90

-3.66

3.13

-6.88

-16.88

-

-

-

-

-

-

-

Total earnings per share - basic

-

-

-

-

-

-

6.08

5.05

3.09

4.06

5.48

8.04

6.71

Continuing operations

-

-

-

-

-

-

6.08

4.61

3.19

3.86

5.28

7.31

5.78

Discontinued operations

-

-

-

-

-

-

-0.01

0.43

-0.11

0.20

0.20

0.71

0.91

Total earnings per share - diluted

-

-

-

-

-

-

6.07

5.04

3.08

4.06

5.48

8.02

6.69

Basic

-

-

-

-

-

-

-

-

-

-

769

1,138

984

NET INCOME ATTRIBUTABLE TO ENSCO SHARES - BASIC AND DILUTED

-

-

-

-

-1,596

-3,910

1,403

1,157

593

572

769

1,138

984

WEIGHTED-AVERAGE SHARES OUTSTANDING
Basic and Diluted (in shares)

173

108

83

279

232

231

-

-

-

-

-

-

-

Basic (in shares)

-

-

-

-

-

-

230

229

192

141

140

141

146

Diluted (in shares)

-

-

-

-

-

-

231

229

192

141

140

141

147

CASH DIVIDENDS PER SHARE (in dollars per share)

-

-

-

-

0.60

3.00

2.25

1.50

1.40

1.07

0.10

0.10

0.10