| Income Statement for CNOOC Ltd. (CEO) | | | | After Hours: $ 74.32 |  0.23 (+0.31%) | Volume: 400 | 5:41 PM EDT Oct 10, 2008 | | | | | | | Income | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 12,437 | 11,398 | 8,589 | 6,653 | 4,894 | | Adjustments to Revenue | 479 | 425 | 322 | 208 | 150 | | Cost of Revenue | (2,333) | (2,851) | (730) | (611) | (544) | | Gross Operating Profit | 9,625 | 8,121 | 7,537 | 5,834 | 4,201 | | | Selling/General/Admin Expense | (2,873) | (1,110) | (2,307) | (2,487) | (1,734) | | Research & Development | - | - | - | - | - | | EBITDA | 6,752 | 7,012 | 5,230 | 3,348 | 2,467 | | Depreciation & Amortization | (1,020) | (892) | (744) | (661) | (562) | | EBIT | 5,732 | 6,120 | 4,485 | 2,687 | 1,904 | | Interest Income | 92 | 100 | 45 | 25 | 22 | | Other Income, Net | 377 | 230 | 115 | 134 | 69 | | Total Income Avail For Interest Expense | 6,216 | 5,889 | 4,634 | 2,846 | 1,995 | | Interest Expense | (279) | (235) | (136) | (53) | (43) | | Pre-Tax Income | 5,937 | 5,654 | 4,498 | 2,792 | 1,953 | | Income Taxes | (1,652) | (1,691) | (1,360) | (837) | (559) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 4,285 | 3,963 | 3,138 | 1,955 | 1,393 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 4,285 | 3,963 | 3,138 | 1,955 | 1,393 | | | Normalized Income | 4,369 | 4,566 | 3,149 | 1,955 | 1,393 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (84) | (603) | (11) | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 4,285 | 3,963 | 3,138 | 1,955 | 1,393 | | | Results | in Dollars (Preferred Dividends in Millions) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 3.46 | 2.83 | 2.31 | 1.80 | 1.59 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 10.00 | 9.32 | 7.68 | 4.71 | 3.39 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 10.00 | 9.32 | 7.68 | 4.71 | 3.39 | | | Diluted EPS from Continuing Operations | 10.00 | 9.31 | 7.56 | 4.71 | 3.39 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 10.00 | 9.31 | 7.56 | 4.71 | 3.39 | | | |
