Subsea 7
ISIN: LU0075646355 | Ticker: SOCA | LEI: 222100AIF0CBCY80AH62
Country: Norway
Subsea 7 is a world-renowned offshore engineering firm headquartered in London, England. The company operates globally, providing underwater engineering and construction services to clients in the oil and gas industry. With over 12,000 employees worldwide, Subsea 7 specializes in offshore pipeline installation, subsea construction, and engineering, diving services, and remotely operated vehicles. The company has an extensive fleet of state-of-the-art vessels, equipment, and technologies to execute complex offshore projects, such as deepwater and complex subsea installations. Subsea 7 is committed to sustainability, environmental protection, and responsible operations, as well as the health and safety of its employees. The company has a strong track record of delivering cost-effective, innovative, and safe solutions to its clients, making it a leading player in the offshore engineering industry.
Year founded2002
Served areaWorldwide
Headcount13,436
HeadquartersRoute d’Esch, 1471 Luxembourg – Norway
| Line item in (usd) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 6,297,100,000.00 | 7,022,700,000.00 | 6,944,200,000.00 |
| Noncurrent Assets | N/A | 4,461,700,000.00 | 4,694,700,000.00 | 4,522,900,000.00 |
| Property Plant And Equipment | N/A | 3,982,600,000.00 | 4,081,000,000.00 | 3,922,000,000.00 |
| Goodwill | N/A | 84,500,000.00 | 197,200,000.00 | 191,300,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 46,000,000.00 | 35,000,000.00 | 31,100,000.00 |
| Investments In Subsidiaries Joint Ventures And Associates | N/A | 29,500,000.00 | 28,600,000.00 | 25,500,000.00 |
| Deferred Tax Assets | N/A | 49,500,000.00 | 58,700,000.00 | 38,700,000.00 |
| Other Noncurrent Financial Assets | N/A | 2,900,000.00 | 1,300,000.00 | 1,100,000.00 |
| Noncurrent Loans And Receivables | N/A | 23,000,000.00 | 57,400,000.00 | 65,900,000.00 |
| Noncurrent Recognised Assets Defined Benefit Plan | N/A | 800,000.00 | 0.00 | N/A |
| Noncurrent Derivative Financial Assets | N/A | 22,900,000.00 | 24,700,000.00 | 5,300,000.00 |
| Current Assets | N/A | 1,835,400,000.00 | 2,328,000,000.00 | 2,421,300,000.00 |
| Inventories | N/A | 26,400,000.00 | 40,300,000.00 | 49,500,000.00 |
| Trade And Other Current Receivables | N/A | 590,700,000.00 | 631,800,000.00 | 586,200,000.00 |
| Current Accrued Income Other Than Current Contract Assets | N/A | N/A | 204,500,000.00 | 204,600,000.00 |
| Cash and cash equivalents | 397,700,000.00 | 511,600,000.00 | 597,600,000.00 | 645,600,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | N/A | 0.00 | 45,500,000.00 |
| Current Restricted Cash And Cash Equivalents | N/A | 7,100,000.00 | 5,700,000.00 | 4,400,000.00 |
| Current Derivative Financial Assets | N/A | 31,400,000.00 | 35,800,000.00 | 16,700,000.00 |
| Equity And Liabilities | N/A | 6,297,100,000.00 | 7,022,700,000.00 | 6,944,200,000.00 |
| Equity | 5,363,000,000.00 | 4,255,100,000.00 | 4,488,300,000.00 | 4,450,700,000.00 |
| Issued Capital | N/A | 600,000,000.00 | 600,000,000.00 | 600,000,000.00 |
| Retained Earnings | N/A | 1,747,400,000.00 | 1,709,500,000.00 | 1,739,800,000.00 |
| Treasury Shares | N/A | 17,800,000.00 | 32,900,000.00 | 75,000,000.00 |
| Other Reserves | N/A | -25,000,000.00 | -14,200,000.00 | -18,400,000.00 |
| Additional Paidin Capital | N/A | 2,505,200,000.00 | 2,503,900,000.00 | 2,503,200,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 4,227,800,000.00 | 4,183,800,000.00 | 4,121,600,000.00 |
| Noncontrolling Interests | N/A | 27,300,000.00 | 304,500,000.00 | 329,100,000.00 |
| Liabilities | N/A | 2,042,000,000.00 | 2,534,400,000.00 | 2,493,500,000.00 |
| Noncurrent Liabilities | N/A | 490,800,000.00 | 663,800,000.00 | 609,100,000.00 |
| Noncurrent Provisions | N/A | 49,500,000.00 | 85,000,000.00 | 47,700,000.00 |
| Deferred Tax Liabilities | N/A | 32,200,000.00 | 46,000,000.00 | 54,400,000.00 |
| Noncurrent Recognised Liabilities Defined Benefit Plan | N/A | 14,300,000.00 | 12,300,000.00 | 9,200,000.00 |
| Noncurrent Derivative Financial Liabilities | N/A | 21,100,000.00 | 5,700,000.00 | 28,700,000.00 |
| Other Noncurrent Liabilities | N/A | 14,700,000.00 | 6,100,000.00 | 5,300,000.00 |
| Longterm Borrowings | N/A | 184,400,000.00 | 360,300,000.00 | 302,200,000.00 |
| Current Liabilities | N/A | 1,551,200,000.00 | 1,870,600,000.00 | 1,884,400,000.00 |
| Current Provisions | N/A | 118,500,000.00 | 96,700,000.00 | 87,000,000.00 |
| Trade And Other Current Payables | N/A | 981,800,000.00 | 1,352,500,000.00 | 1,270,400,000.00 |
| Current Contract Liabilities | N/A | 279,500,000.00 | 205,700,000.00 | 319,400,000.00 |
| Current Deferred Income Other Than Current Contract Liabilities | N/A | N/A | 900,000.00 | 1,500,000.00 |
| Current Derivative Financial Liabilities | N/A | 26,400,000.00 | 23,700,000.00 | 7,200,000.00 |
| Line item in (usd) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 3,466,400,000.00 | 5,010,000,000.00 | N/A |
| Revenue From Contracts With Customers | N/A | 5,010,000,000.00 | 5,135,800,000.00 |
| Other Gains Losses | -18,300,000.00 | 44,400,000.00 | 1,900,000.00 |
| Profit Loss From Operating Activities | -1,033,800,000.00 | 71,700,000.00 | 148,800,000.00 |
| Finance Income | 4,800,000.00 | 4,700,000.00 | 9,000,000.00 |
| Finance Costs | 24,600,000.00 | 20,100,000.00 | 23,400,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | -500,000.00 | 3,900,000.00 | -3,000,000.00 |
| Profit Loss Before Tax | -1,071,900,000.00 | 100,700,000.00 | 136,300,000.00 |
| Income Tax Expense Continuing Operations | 33,300,000.00 | 64,300,000.00 | 99,900,000.00 |
| Profit (loss) | -1,105,200,000.00 | 36,400,000.00 | 36,400,000.00 |
| Profit Loss Attributable To Owners Of Parent | -1,092,800,000.00 | 31,800,000.00 | 57,100,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | -12,400,000.00 | 4,600,000.00 | -20,700,000.00 |
| Line item in (usd) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | -1,105,200,000.00 | 36,400,000.00 | 36,400,000.00 |
| Adjustments For Finance Costs | N/A | N/A | 20,100,000.00 | 23,400,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | N/A | -9,300,000.00 | -9,700,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | N/A | 443,800,000.00 | 467,600,000.00 |
| Adjustments For Sharebased Payments | N/A | N/A | 3,900,000.00 | 3,500,000.00 |
| Cash Flows From Used In Operations | N/A | 446,800,000.00 | 293,000,000.00 | 485,800,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | N/A | 67,500,000.00 | 103,200,000.00 |
| Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 0.00 | 4,500,000.00 | N/A |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | N/A | -4,500,000.00 | 0.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 1,700,000.00 | 6,600,000.00 | 800,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 157,300,000.00 | 157,700,000.00 | N/A |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 25,300,000.00 | 8,800,000.00 | N/A |
| Interest Received Classified As Investing Activities | N/A | 4,800,000.00 | 4,700,000.00 | 9,000,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -164,600,000.00 | -183,700,000.00 | -220,100,000.00 |
| Proceeds From Issuing Other Equity Instruments | N/A | N/A | 0.00 | 54,600,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | N/A | 9,800,000.00 | 21,000,000.00 | 46,000,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 0.00 | 200,000,000.00 | 0.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 24,600,000.00 | 24,600,000.00 | 61,600,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 103,600,000.00 | 93,100,000.00 | N/A |
| Interest Paid Classified As Financing Activities | N/A | 9,400,000.00 | 12,100,000.00 | 15,800,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -157,600,000.00 | -22,800,000.00 | -211,200,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | 124,600,000.00 | 86,500,000.00 | 54,500,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -7,900,000.00 | -1,900,000.00 | -7,800,000.00 |
| Cash and cash equivalents | 397,700,000.00 | 511,600,000.00 | 597,600,000.00 | 645,600,000.00 |
Please note that some sums might not add up.
LU0075646355
LEI222100AIF0CBCY80AH62
SectorOBX
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