Financial Statements for Precision Drilling Corp (USA)

Search Images Maps Play YouTube News Gmail Drive More »

Help | Sign in

Recent Quotes (30 days)

You have no recent quotes

chg | %

Precision Drilling Corp (USA) financials

Watch this stock

Income Statement

Balance Sheet

Cash Flow

View: Quarterly Data | Annual Data

Hide charts

In Millions of CAD (except for per share items)	3 months ending 2013-03-31	3 months ending 2012-12-31	3 months ending 2012-09-30	3 months ending 2012-06-30	3 months ending 2012-03-31
Revenue	595.72	533.95	484.76	381.97	640.07
Other Revenue, Total	-	-	-	-	-
Total Revenue	595.72	533.95	484.76	381.97	640.07
Cost of Revenue, Total	341.84	326.81	300.40	259.51	356.59
Gross Profit	253.88	207.14	184.37	122.45	283.48
Selling/General/Admin. Expenses, Total	38.70	30.12	33.37	25.26	37.91
Research & Development	-	-	-	-	-
Depreciation/Amortization	84.89	89.28	76.75	66.67	74.82
Interest Expense(Income) - Net Operating	-	-	-	-	-
Unusual Expense (Income)	-	245.01	-	-	-
Other Operating Expenses, Total	-	-	-	-	-
Total Operating Expense	465.43	691.21	410.51	351.44	469.32
Operating Income	130.29	-157.26	74.25	30.52	170.75
Interest Income(Expense), Net Non-Operating	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other, Net	-	-	0.00	0.76	-
Income Before Tax	111.02	-177.51	47.23	14.50	143.46
Income After Tax	93.31	-116.34	39.36	18.26	111.08
Minority Interest	-	-	-	-	-
Equity In Affiliates	-	-	-	-	-
Net Income Before Extra. Items	93.31	-116.34	39.36	18.26	111.08
Accounting Change	-	-	-	-	-
Discontinued Operations	-	-	-	-	-
Extraordinary Item	-	-	-	-	-
Net Income	93.31	-116.34	39.36	18.26	111.08
Preferred Dividends	-	-	-	-	-
Income Available to Common Excl. Extra Items	93.31	-116.34	39.36	18.26	111.08
Income Available to Common Incl. Extra Items	93.31	-116.34	39.36	18.26	111.08
Basic Weighted Average Shares	-	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-	-
Dilution Adjustment	0.00	0.00	0.00	0.00	0.00
Diluted Weighted Average Shares	286.99	276.37	286.02	286.18	288.05
Diluted EPS Excluding Extraordinary Items	0.33	-0.42	0.14	0.06	0.39
Diluted EPS Including Extraordinary Items	-	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.05	0.05	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-	-
Depreciation, Supplemental	-	-	-	-	-
Total Special Items	-	-	-	-	-
Normalized Income Before Taxes	-	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-	-
Normalized Income After Taxes	-	-	-	-	-
Normalized Income Avail to Common	-	-	-	-	-
Basic Normalized EPS	-	-	-	-	-
Diluted Normalized EPS	0.33	0.16	0.14	0.06	0.39

In Millions of CAD (except for per share items)	12 months ending 2012-12-31	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31
Revenue	2,040.74	1,951.03	1,429.65	1,197.45
Other Revenue, Total	-	-	-	-
Total Revenue	2,040.74	1,951.03	1,429.65	1,197.45
Cost of Revenue, Total	1,243.30	1,131.02	886.75	692.24
Gross Profit	797.44	820.00	542.90	505.20
Selling/General/Admin. Expenses, Total	126.65	124.94	107.99	98.20
Research & Development	-	-	-	-
Depreciation/Amortization	307.52	251.48	210.10	138.00
Interest Expense(Income) - Net Operating	-	-	-	-
Unusual Expense (Income)	245.01	141.84	115.78	92.07
Other Operating Expenses, Total	-	-	-	-
Total Operating Expense	1,922.48	1,649.28	1,320.62	1,035.17
Operating Income	118.26	301.75	109.03	162.27
Interest Income(Expense), Net Non-Operating	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-
Other, Net	0.76	-11.62	0.00	-
Income Before Tax	27.68	240.78	26.19	162.27
Income After Tax	52.36	193.48	43.53	161.70
Minority Interest	-	-	-	-
Equity In Affiliates	-	-	-	-
Net Income Before Extra. Items	52.36	193.48	43.53	160.09
Accounting Change	-	-	-	-
Discontinued Operations	-	-	-	-
Extraordinary Item	-	-	-	-
Net Income	52.36	193.48	43.53	160.09
Preferred Dividends	-	-	-	-
Income Available to Common Excl. Extra Items	52.36	193.48	43.53	160.09
Income Available to Common Incl. Extra Items	52.36	193.48	43.53	160.09
Basic Weighted Average Shares	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-
Dilution Adjustment	0.00	0.00	0.00	1.23
Diluted Weighted Average Shares	286.63	288.72	285.06	259.61
Diluted EPS Excluding Extraordinary Items	0.18	0.67	0.15	0.62
Diluted EPS Including Extraordinary Items	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.05	0.00	0.00	0.04
Gross Dividends - Common Stock	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-
Depreciation, Supplemental	-	-	-	-
Total Special Items	-	-	-	-
Normalized Income Before Taxes	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-
Normalized Income After Taxes	-	-	-	-
Normalized Income Avail to Common	-	-	-	-
Basic Normalized EPS	-	-	-	-
Diluted Normalized EPS	0.74	1.06	0.42	0.97

In Millions of CAD (except for per share items)	As of 2013-03-31	As of 2012-12-31	As of 2012-09-30	As of 2012-06-30	As of 2012-03-31
Cash & Equivalents	-	-	-	-	-
Short Term Investments	-	-	-	-	-
Cash and Short Term Investments	94.84	152.77	226.84	398.34	369.64
Accounts Receivable - Trade, Net	567.09	509.55	496.30	394.96	619.93
Receivables - Other	-	-	-	-	-
Total Receivables, Net	567.09	509.55	496.30	394.96	619.93
Total Inventory	12.03	13.79	14.54	13.13	10.82
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	673.96	676.10	737.69	806.43	1,000.39
Property/Plant/Equipment, Total - Gross	-	-	-	-	-
Accumulated Depreciation, Total	-	-	-	-	-
Goodwill, Net	311.10	310.55	362.80	363.73	363.18
Intangibles, Net	5.29	6.10	6.92	4.87	5.61
Long Term Investments	-	-	-	-	-
Other Long Term Assets, Total	64.58	64.58	64.58	64.58	64.58
Total Assets	4,378.67	4,300.26	4,506.69	4,481.14	4,488.47
Accounts Payable	-	-	-	-	-
Accrued Expenses	-	-	-	-	-
Notes Payable/Short Term Debt	0.00	0.00	0.00	0.00	0.00
Current Port. of LT Debt/Capital Leases	-	-	-	-	-
Other Current liabilities, Total	11.10	64.19	42.87	30.30	24.25
Total Current Liabilities	356.88	398.08	414.03	359.62	413.16
Long Term Debt	1,241.15	1,218.80	1,206.42	1,242.99	1,221.40
Capital Lease Obligations	-	-	-	-	-
Total Long Term Debt	1,241.15	1,218.80	1,206.42	1,242.99	1,221.40
Total Debt	1,241.15	1,218.80	1,206.42	1,242.99	1,221.40
Deferred Income Tax	490.34	485.59	567.51	585.08	591.35
Minority Interest	-	-	-	-	-
Other Liabilities, Total	26.72	26.49	25.80	24.10	21.71
Total Liabilities	2,115.09	2,128.96	2,213.77	2,211.79	2,247.62
Redeemable Preferred Stock, Total	-	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-	-
Common Stock, Total	2,252.71	2,251.98	2,250.82	2,250.44	2,250.16
Additional Paid-In Capital	26.15	24.47	23.47	21.85	19.86
Retained Earnings (Accumulated Deficit)	34.87	-44.62	85.54	46.18	27.92
Treasury Stock - Common	-	-	-	-	-
Other Equity, Total	-50.15	-60.53	-66.91	-49.12	-57.09
Total Equity	2,263.58	2,171.30	2,292.92	2,269.35	2,240.85
Total Liabilities & Shareholders' Equity	4,378.67	4,300.26	4,506.69	4,481.14	4,488.47
Shares Outs - Common Stock Primary Issue	-	-	-	-	-
Total Common Shares Outstanding	276.55	276.48	276.34	276.31	276.29

In Millions of CAD (except for per share items)	As of 2012-12-31	As of 2011-12-31	As of 2010-12-31	As of 2009-12-31
Cash & Equivalents	-	-	-	-
Short Term Investments	-	-	-	-
Cash and Short Term Investments	152.77	467.48	256.83	130.80
Accounts Receivable - Trade, Net	453.14	529.80	377.45	253.06
Receivables - Other	-	-	-	-
Total Receivables, Net	453.14	529.80	377.45	278.81
Total Inventory	13.79	7.16	4.93	9.01
Prepaid Expenses	56.41	46.44	37.45	30.84
Other Current Assets, Total	-	-	-	-
Total Current Assets	676.10	1,050.88	676.66	449.46
Property/Plant/Equipment, Total - Gross	4,608.38	4,129.72	3,497.57	3,704.04
Accumulated Depreciation, Total	-1,365.45	-1,187.42	-965.18	-790.07
Goodwill, Net	310.55	363.65	284.53	760.55
Intangibles, Net	6.10	6.47	6.37	3.16
Long Term Investments	-	-	-	-
Other Long Term Assets, Total	64.58	64.58	64.58	64.58
Total Assets	4,300.26	4,427.87	3,564.54	4,191.71
Accounts Payable	146.23	255.19	127.71	53.55
Accrued Expenses	187.66	181.47	90.09	74.83
Notes Payable/Short Term Debt	0.00	0.00	0.00	0.00
Current Port. of LT Debt/Capital Leases	-	0.00	0.00	0.22
Other Current liabilities, Total	64.19	3.79	0.86	0.00
Total Current Liabilities	398.08	440.45	218.66	128.60
Long Term Debt	1,218.80	1,239.62	804.49	748.73
Capital Lease Obligations	-	-	-	-
Total Long Term Debt	1,218.80	1,239.62	804.49	748.73
Total Debt	1,218.80	1,239.62	804.49	748.95
Deferred Income Tax	485.59	587.79	578.24	703.20
Minority Interest	-	-	-	-
Other Liabilities, Total	26.49	27.42	30.32	26.69
Total Liabilities	2,128.96	2,295.28	1,631.71	1,607.21
Redeemable Preferred Stock, Total	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-
Common Stock, Total	2,251.98	2,248.22	2,244.42	2,770.71
Additional Paid-In Capital	24.47	18.40	11.27	4.06
Retained Earnings (Accumulated Deficit)	-44.62	-83.16	-276.64	107.23
Treasury Stock - Common	-	-	-	-
Other Equity, Total	-60.53	-50.86	-46.22	-297.50
Total Equity	2,171.30	2,132.59	1,932.83	2,584.50
Total Liabilities & Shareholders' Equity	4,300.26	4,427.87	3,564.54	4,191.71
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	276.48	276.08	275.69	275.37

In Millions of CAD (except for per share items)	3 months ending 2013-03-31	12 months ending 2012-12-31	9 months ending 2012-09-30	6 months ending 2012-06-30	3 months ending 2012-03-31
Net Income/Starting Line	93.31	52.36	168.70	129.34	111.08
Depreciation/Depletion	84.89	307.52	218.25	141.49	74.82
Amortization	-	-	-	-	-
Deferred Taxes	17.71	-24.68	36.49	28.62	32.38
Non-Cash Items	26.71	356.61	87.91	56.77	37.09
Changes in Working Capital	-159.68	-56.52	-12.37	81.56	-92.94
Cash from Operating Activities	62.95	635.29	498.97	437.79	162.44
Capital Expenditures	-130.60	-868.06	-681.41	-442.76	-221.68
Other Investing Cash Flow Items, Total	18.28	-62.06	-48.62	-64.92	-33.03
Cash from Investing Activities	-112.33	-930.12	-730.02	-507.68	-254.72
Financing Cash Flow Items	-	-3.00	-3.00	0.00	0.00
Total Cash Dividends Paid	-13.82	-13.82	-	-	0.00
Issuance (Retirement) of Stock, Net	0.48	1.93	1.49	1.30	1.17
Issuance (Retirement) of Debt, Net	-	0.00	0.00	0.00	0.00
Cash from Financing Activities	-13.35	-14.90	-1.51	1.30	1.17
Foreign Exchange Effects	4.79	-4.97	-8.07	-0.55	-6.73
Net Change in Cash	-57.93	-314.71	-240.63	-69.13	-97.83
Cash Interest Paid, Supplemental	-	85.25	-	-	-
Cash Taxes Paid, Supplemental	-	10.40	-	-	-

In Millions of CAD (except for per share items)	12 months ending 2012-12-31	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31
Net Income/Starting Line	52.36	193.48	43.53	161.70
Depreciation/Depletion	307.52	251.48	210.10	138.00
Amortization	-	-	-	-
Deferred Taxes	-24.68	47.31	-17.34	15.47
Non-Cash Items	356.61	220.13	210.75	16.38
Changes in Working Capital	-56.52	-179.63	-140.78	173.17
Cash from Operating Activities	635.29	532.77	306.26	504.73
Capital Expenditures	-868.06	-726.36	-175.90	-193.44
Other Investing Cash Flow Items, Total	-62.06	10.89	57.79	-16.80
Cash from Investing Activities	-930.12	-715.46	-118.11	-210.23
Financing Cash Flow Items	-3.00	-41.87	-26.27	-21.63
Total Cash Dividends Paid	-13.82	0.00	-	-27.23
Issuance (Retirement) of Stock, Net	1.93	2.24	0.12	413.22
Issuance (Retirement) of Debt, Net	0.00	406.52	-33.41	-565.38
Cash from Financing Activities	-14.90	366.89	-59.56	-201.02
Foreign Exchange Effects	-4.97	26.45	-2.56	-24.19
Net Change in Cash	-314.71	210.65	126.03	69.29
Cash Interest Paid, Supplemental	85.25	79.90	62.83	103.11
Cash Taxes Paid, Supplemental	10.40	124.68	11.19	23.70