TRANSOCEAN PARTNERS LLC Financial Statements (2026 and earlier)
Company Profile
| Business Address |
40 GEORGE STREET LONDON, W1U 7DW |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1381 - Drilling Oil and Gas Wells (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 171,000 | 155,000 | 159,000 | 140,000 | 177,000 | 164,000 | |||
| Cash and cash equivalent | 171,000 | 155,000 | 159,000 | 140,000 | 177,000 | 164,000 | |||
| Receivables | 108,000 | 110,000 | 115,000 | 99,000 | 115,000 | 110,000 | |||
| Inventory, net of allowances, customer advances and progress billings | (6,000) | (6,000) | (6,000) | (5,000) | (4,000) | (4,000) | |||
| Inventory | (6,000) | (6,000) | (6,000) | (5,000) | (4,000) | (4,000) | |||
| Prepaid expense | 38,000 | 40,000 | 34,000 | 35,000 | 38,000 | 40,000 | |||
| Other undisclosed current assets | 18,000 | 11,000 | 14,000 | 27,000 | 26,000 | 23,000 | |||
| Total current assets: | 329,000 | 310,000 | 316,000 | 296,000 | 352,000 | 333,000 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,873,000 | 1,885,000 | 1,895,000 | 1,916,000 | 1,932,000 | 1,949,000 | |||
| Long-term investments and receivables | 19,000 | 21,000 | 23,000 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 19,000 | 21,000 | 23,000 | ||||||
| Intangible assets, net (including goodwill) | 289,000 | 289,000 | |||||||
| Goodwill | 289,000 | 289,000 | |||||||
| Other noncurrent assets | 8,000 | 9,000 | 10,000 | 13,000 | 19,000 | 23,000 | |||
| Deferred tax assets, net | 7,000 | 9,000 | 10,000 | ||||||
| Other undisclosed noncurrent assets | (16,000) | (17,000) | (17,000) | ||||||
| Total noncurrent assets: | 1,888,000 | 1,903,000 | 1,915,000 | 1,932,000 | 2,244,000 | 2,267,000 | |||
| TOTAL ASSETS: | 2,217,000 | 2,213,000 | 2,231,000 | 2,228,000 | 2,596,000 | 2,600,000 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Other liabilities | 1,000 | 2,000 | 2,000 | 2,000 | 2,000 | 4,000 | |||
| Deferred revenue and credits | 7,000 | 11,000 | 15,000 | 17,000 | 17,000 | 16,000 | |||
| Due to related parties | 60,000 | 53,000 | 51,000 | 67,000 | 110,000 | 148,000 | |||
| Total current liabilities: | 68,000 | 66,000 | 68,000 | 86,000 | 129,000 | 168,000 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 6,000 | 5,000 | 4,000 | 5,000 | 10,000 | 11,000 | |||
| Deferred revenue and credits | 3,000 | 7,000 | 10,000 | ||||||
| Deferred tax liabilities, net | 5,000 | 4,000 | 3,000 | 2,000 | 3,000 | 1,000 | |||
| Other liabilities | 1,000 | 1,000 | 1,000 | ||||||
| Other undisclosed noncurrent liabilities | 6,000 | 10,000 | 14,000 | 18,000 | 21,000 | 25,000 | |||
| Total noncurrent liabilities: | 12,000 | 15,000 | 18,000 | 23,000 | 31,000 | 36,000 | |||
| Total liabilities: | 80,000 | 81,000 | 86,000 | 109,000 | 160,000 | 204,000 | |||
| Equity | |||||||||
| Other undisclosed liabilities and equity | 2,137,000 | 2,132,000 | 2,145,000 | 2,119,000 | 2,436,000 | 2,396,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,217,000 | 2,213,000 | 2,231,000 | 2,228,000 | 2,596,000 | 2,600,000 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 155,000 | 144,000 | 154,000 | 125,000 | 161,000 | 140,000 | ||
| Cost of revenue (Cost of Product and Service Sold) | (70,000) | (72,000) | (71,000) | (77,000) | (75,000) | |||
| Gross profit: | 85,000 | 72,000 | 83,000 | 125,000 | 84,000 | 65,000 | ||
| Operating expenses | (7,000) | (6,000) | 10,000 | (300,000) | (7,000) | (72,000) | ||
| Other undisclosed operating loss | (17,000) | (85,000) | ||||||
| Operating income (loss): | 78,000 | 66,000 | 76,000 | (260,000) | 77,000 | (7,000) | ||
| Nonoperating income (Investment Income, Nonoperating) | 1,000 | 1,000 | 1,000 | |||||
| Interest and debt expense | (1,000) | (1,000) | ||||||
| Income (loss) from continuing operations before income taxes: | 77,000 | 67,000 | 76,000 | (260,000) | 77,000 | (6,000) | ||
| Income tax expense | (4,000) | (4,000) | (5,000) | (1,000) | (4,000) | (4,000) | ||
| Income (loss) from continuing operations: | 73,000 | 63,000 | 71,000 | (261,000) | 73,000 | (10,000) | ||
| Income (loss) before gain (loss) on sale of properties: | 73,000 | 63,000 | 71,000 | (261,000) | 73,000 | (10,000) | ||
| Net income (loss): | 73,000 | 63,000 | 71,000 | (261,000) | 73,000 | (10,000) | ||
| Net income (loss) attributable to noncontrolling interest | (37,000) | (32,000) | (37,000) | 127,000 | (38,000) | 4,000 | ||
| Net income (loss) available to common stockholders, diluted: | 36,000 | 31,000 | 34,000 | (134,000) | 35,000 | (6,000) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 73,000 | 63,000 | 71,000 | (261,000) | 73,000 | (10,000) | ||
| Comprehensive income (loss): | 73,000 | 63,000 | 71,000 | (261,000) | 73,000 | (10,000) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (37,000) | (32,000) | (37,000) | 127,000 | (38,000) | 4,000 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 36,000 | 31,000 | 34,000 | (134,000) | 35,000 | (6,000) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.