Seadrill Limited — Earnings Release 2021

Aug 20, 2021

Seabras Sapura Q2 2021 - Summary Financials

Seabras Sapura 1H 2021 P&L Seabras Sapura Q2 2021 Balance Sheet

\$ ( in i l l ion ) m s	Qu ter ar de d en Ma h 3 1, rc 2 0 2 1	Qu ter ar de d Ju en ne 3 0, 2 0 2 1	1 H 2 0 2 1	\$ ( in i l l ion ) m s	Qu ter ar de d Ju en ne 3 0, 2 0 2 1
Op t ing era re ve nu es	\$ 7 7	\$ 8 5	\$ 1 6 2	Ca h a d c h e iva len ts s n as q u	\$ 0 7
G & A	3	3	6	O he t t a ts r c urr en ss e	8 9
Ne ing inc t o t p era om e	1 9	2 0	3 9	Lo ic d c h ter tr te ng m res as	8
Ne inc t om e	1 4	5	2 0	O he t t a ts r n on -cu rre n ss e	1, 4 3 3
Se dr i l l o h ip tag a wn ers p erc en e	5 0 %	5 0 %	5 0 %	Cu l ia b i l i ies t t rre n	( 5 1 7 )
S ha f n inc / ( los ) t re o e om e s	\$ 7	\$ 3	\$ 1 0	No t l ia b i l i t ies n-c urr en	( 3 3 5 )
Am t iza t ion f ba is d i f fer or o s en ce s	( 4 )	( 5 )	( 9 )	Ne As t ts se	\$ 7 4 8
S ha in l ts fro Se bra ( t o f tax ) re res u m a s ne	\$ 3	\$ 2 -	\$ 1	Se dr i l l o h ip tag a wn ers p erc en e	5 0 %
				Se dr i l l s ha f bo k e i ty a re o o q u	\$ 3 7 4
Me mo :				S ha ho l de loa he l d a i ty re r ns s e q u	1 1 5
E B I T D A	3 8	3 9	7 6	Ba is d i f fer l loc te d to ig s en ce a a r s	( 3 4 3 )
Ca Ex p	5	7	1 2	Ba is d i f fer l loc te d to tra ts s en ce a a co n c	7 7
C Un lev d F F ere	3 7	3 3	7 1	To ta l a d j tm ts us en	( 1 5 1 )
Ba k log c			7 7 0	Bo k v lue f Se dr i l l inv tm t o a o a es en	\$ 2 2 3
Gu i da nc e:				Me mo :
2 0 2 1 Fu l l y Ca Ex ea r p	4 0			Ex ter l De b t na	\$ 4 0 5

Seadrill New Finance Limited expects to publish a Fleet Status report for Seabras Sapura in the near future and expects to publish the Fleet Status report and financial information on a periodic basis