Saipem S.p.A. · San Donato Milanese, Milano Italy (Italian: SPMI)
Key Saipem S.p.A. Financials
| Company Type | Public -(Italian: SPMI) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $14,789.2 |
| 2010 Employees | 39,249 |
Saipem S.p.A. Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 14,789.2 | 14,750.5 | 14,227.5 |
| Cost of Goods Sold | 10,222.6 | 10,366.3 | 10,276.7 |
| Gross Profit | 4,566.6 | 4,384.2 | 3,950.8 |
| Gross Profit Margin | 30.9% | 29.7% | 27.8% |
| SG&A Expense | -- | -- | -- |
| Depreciation & Amortization | -- | -- | -- |
| Operating Income | 1,747.9 | 1,656.8 | 1,527.9 |
| Operating Margin | 11.8% | 11.2% | 10.7% |
| Nonoperating Income | 39.8 | 10.0 | 417.2 |
| Nonoperating Expenses | (145.8) | (143.3) | (229.7) |
| Income Before Taxes | 1,641.9 | 1,523.5 | 1,715.4 |
| Income Taxes | 457.2 | 412.8 | 401.7 |
| Net Income After Taxes | 1,184.7 | 1,110.7 | 1,313.7 |
| Continuing Operations | 1,184.7 | 1,110.7 | 1,313.7 |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 1,184.7 | 1,110.7 | 1,313.7 |
| Total Net Income | 1,184.7 | 1,110.7 | 1,313.7 |
| Net Profit Margin | 8% | 7.5% | 9.2% |
| Diluted EPS from Total Net Income | 2.54 | 2.38 | 2.92 |
| Dividends per Share | 0.73 | 0.79 | 0.62 |
All amounts in millions of US Dollars except per share amounts.
Saipem S.p.A. Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 1,232.4 | 1,413.1 | 1,970.5 |
| Net Receivables | -- | -- | -- |
| Inventories | 1,048.2 | 1,535.0 | 1,969.1 |
| Other Current Assets | 6,486.9 | 6,779.0 | 7,116.6 |
| Total Current Assets | 8,767.5 | 9,727.1 | 11,056.1 |
| Net Fixed Assets | 9,810.5 | 9,022.0 | 7,288.5 |
| Other Noncurrent Assets | 1,337.1 | 1,477.6 | 1,378.5 |
| Total Assets | 19,915.1 | 20,226.8 | 19,723.1 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | -- | -- | -- |
| Short-Term Debt | -- | -- | -- |
| Other Current Liabilities | 10,025.1 | 11,964.4 | 13,639.7 |
| Total Current Liabilities | 10,025.1 | 11,964.4 | 13,639.7 |
| Long-Term Debt | -- | -- | -- |
| Other Noncurrent Liabilities | 4,385.1 | 3,253.4 | 2,167.8 |
| Total Liabilities | 14,410.2 | 15,217.7 | 15,807.5 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 5,504.9 | 5,009.0 | 3,886.0 |
| Total Equity | 5,504.9 | 5,009.0 | 3,886.0 |
| Shares Outstanding (thou.) | 437,560.1 | 435,614.4 | 441,262.7 |
All amounts in millions of US Dollars except per share amounts.
Saipem S.p.A. Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | 1,755 | 1,386 | 2,202 |
| Net Investing Cash Flow | (1,928.2) | (2,286.0) | (2,391.9) |
| Net Financing Cash Flow | 41.1 | 245.1 | (952.8) |
| Net Change in Cash | (74.2) | (590.5) | (1,088.1) |
| Depreciation & Amortization | |||
| Capital Expenditures | (2,047.4) | (2,314.6) | (2,881.0) |
| Cash Dividends Paid | (348.5) | (342.5) | (270.6) |
All amounts in millions of US Dollars except per share amounts.