SEACREST PETROLEO BERMUDA LIMITED financials

SEACREST PETROLEO BERMUDA LIMITED

Country: NO Reporting currency: USD Latest annual report: 2023-12-31
LEI: 2138006AEHLIT6E5XM67
Source filing ↗
Financial statements (USD, as reported — unscaled; 79 line items across 2 annual periods)
Line item 20232022
Income statement
Operating expenses $222.2M$67.8M
Depreciation & amortisation $61.8M$23.0M
Operating profit (EBIT) -$44.8M-$34.2M
Finance costs $65.7M$110.1M
Profit before tax -$105.2M-$138.8M
Income tax expense -$25.9M-$19.6M
Profit for the year -$79.3M-$119.2M
Total comprehensive income -$55.0M-$113.0M
Per share
Basic EPS $-0.25$-0.68
Diluted EPS $-0.25$-0.50
Free cash flow / share $-0.31$-0.18
Cash flow statement
Net cash from operating activities -$10.5M-$38.3M
Net cash from investing activities -$440.8M-$39.7M
Purchase of PP&E (capex) $89.2M$3.8M
Purchase of intangibles $351.6M$0
Net cash from financing activities $503.0M$67.6M
Dividends paid $0$0
Proceeds from borrowings -$63.8M$0
Repayments of borrowings -$307.4M-$19.9M
Lease liability payments $8.5M$2.4M
Net change in cash $51.7M-$10.4M
Balance sheet
Total assets $811.3M$217.2M
Non-current assets $713.4M$191.9M
Property, plant & equipment $120.5M$26.0M
Intangible assets & goodwill $538.4M$109.1M
Current assets $97.9M$25.3M
Inventories $32.2M$10.2M
Cash & equivalents $50.5M$7.7M
Total equity $160.1M-$52.7M
Non-current liabilities $548.9M$231.5M
Lease liabilities (non-current) $7.3M$3.2M
Current liabilities $102.3M$38.5M
Short-term borrowings $19.4M$1.9M
Lease liabilities (current) $9.5M$3.4M
Derived metrics
Free cash flow -$99.7M-$42.1M
Return on equity -49.6%225.9%
Cash conversion ratio 0.13×0.32×
Capex coverage -0.12×-10.05×
Other reported items
Adjustments For Amortisation Expense $2.2M$0
Adjustments For Deferred Tax Expense -$25.9M-$19.5M
Adjustments For Depreciation and Amortisation Expense $61.8M$27.0M
Adjustments For Increase Decrease In Employee Benefit Liabilities $943.0K$868.0K
Adjustments For Sharebased Payments -$1.2M$945.0K
Contingent Consideration Recognised As of Acquisition Date $190.6M$115.4M
Current Derivative Financial Liabilities $6.2M$0
Current Recognised Liabilities Defined Benefit Plan $2.0M$1.0M
Current Tax Assets Current $2.6M$403.0K
Current Tax Assets Noncurrent $8.2M$1.2M
Current Tax Liabilities Current $1.8M$710.0K
Deferred Tax Assets $45.3M$19.5M
Effect of Exchange Rate Changes On Cash and Cash Equivalents -$9.0M$1.3M
Equity and Liabilities $811.3M$217.2M
Finance Income $5.3M$5.5M
General and Administrative Expense $47.3M$28.0M
Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 $0$0
Income Taxes Paid Refund Classified As Operating Activities $8.1M$897.0K
Increase Decrease Through Sharebased Payment Transactions -$1.2M$945.0K
Increase Decrease Through Transactions With Owners $267.9M$51.0M
Increase Decrease Through Transfers and Other Changes Equity $0$0
Interest Paid Classified As Operating Activities $23.3M$6.6M
Issue of Equity $269.1M$50.1M
Issued Capital $7.0K$2.0K
Liabilities $651.2M$270.0M
Longterm Provision For Decommissioning Restoration and Rehabilitation Costs $41.0M$27.9M
Noncurrent Derivative Financial Assets $640.0K$0
Noncurrent Derivative Financial Liabilities $584.0K$0
Noncurrent Payables To Related Parties $3.7M$270.0K
Noncurrent Receivables Due From Related Parties $320.0K$297.0K
Other Comprehensive Income $24.3M$6.2M
Other Reserves $3.1M$4.3M
Other Revenue $0$0
Proceeds From Issuing Shares $278.8M$50.1M
Reserve of Exchange Differences On Translation $31.7M$7.4M
Retained Earnings -$219.8M-$140.5M
Revenue and Operating Income $177.4M$33.6M
Revenue From Sale of Crude Oil $177.4M$33.6M
Share Premium $345.1M$76.1M
Trade and Other Current Payables To Trade Suppliers $41.7M$9.4M
Trade and Other Current Receivables Due From Related Parties $35.0K$33.0K
Methodology

Every line item above is a fact tagged in SEACREST PETROLEO BERMUDA LIMITED's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (USD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.