Financial overview

Key figures 2015 2014 2013 2012 2011 2010
Turnover continuing operations, SEK thousand 28,649 44,252 29,786 20,868 22,664 0
Turnover discontinued operations, SEK thousand 49,629 68,578 79,278 79,046 24,519 29,291
Total turnover, SEK thousand 78,278 112,830 109,064 99,914 47,183 29,291
Operating profit/loss continuing operations,
SEK thousand
26,458 1,953 627 2,117 -3,309 -12,109
Operating profit/loss discontinued operations, SEK -31,456 14,264 28,883 27,497 5,701 668
Total operating profit/loss, SEK thousand -4,999 16,217 29,510 29,613 2,392 -11,441
Result attributable to shareholders in the parent
company continuing operations, SEK thousand
-49,432 1,835 -11,911 1,608 -5,101 -13,416
Result attributable to shareholders in the parent
company discontinued operations, SEK thousand
-110,193 11,129 24,313 23,207 5,735 999
Total result attributable to shareholders in the parent
company, SEK thousand
-159,625 12,964 12,402 24,815 634 -12,417
Earnings per share continuing operations, SEK -2.57 0.11 -1.09 0.15 -0.48 0.12
Earnings per share discontinued operations, SEK -5.73 0.65 2.23 2.18 0.54 -1.58
Total earnings per share, SEK -8.30 0.76 1.14 2.33 0.06 -1.46
Earnings per share after dilution continuing operations, SEK -2.57 0.11 -1.09 0.13 -0.44 -1.58
Earnings per share after dilution discontinued
operations, SEK
-5.73 0.65 2.22 1.92 0.50 0.12
Total earnings per share after dilution, SEK -8.30 0.76 1.13 2.23 0.06 -1.46
Equity per share, SEK 8.55 15.34 26.20 25.43 23.82 25.23
Equity/Assets ratio % 94 85 55 80 78 80
Cash and cash equivalents, SEK thousand 36,134 13,674 33,729 30,764 45,986 22,171
Investment in exploration and production assets,
SEK thousand
11,185 23,468 57,093 29,357 19,845 26,917
Number of shares at the end of the period 36,161,247 18,661,247 12,163,088 10,640,588 10,640,588 10,640,198
Average number of shares 19,222,928 17,047,428 10,911,656 10,640,588 10,640,428 8,498,582
Average number of shares after dilution 19,222,928 17,063,378 10,972,019 12,063,713 11,483,857 8,516,395

The average number of shares for 2010 has been adjusted for the reverse split of shares 1:50, which was executed in July 2011.

Information  for the financial years 2010-2015 was obtained from Petrosibir’s (previously Shelton  Petroleum’s) audited annual  reports for these years. The consolidated accounts in the audited annual reports were prepared in accordance with  IFRS, International Financial Reporting Standards, and the Annual Accounts Act.

Key figure definitions:

Number of shares at end of period: The number of issued shares of class A and B at the end of the period.

Average number of shares: The average number of issued shares during the period.

Income: As of January 1, 2010, the company has had income from the sale of crude oil.

Operating profit: Operating income minus operating costs.

Earnings per share: The period’s profit/loss after tax in relation to the average number of shares for the period.

Earnings per share after dilution: The company has not yet generated a net profit; therefore the calculation of earnings per share after dilution is the same as the earnings per share.

Equity per share: Equity in relation to the number of shares at the end of the period.

Equity/assets ratio: Equity as percent of balance sheet total at the end of the period.

Cash and cash equivalents: Cash and cash equivalents at the end of the period.

Investment in exploration and production assets: Investments in exploration and production assets that affected cash flow during the relevant period.