Financials

Tullow's most recent financial results were released on 10 Feb 2016 for the year ended 31 December 2015. A summary of the results is in the table below and downloads of the key Group financial statements are available beneath. 

 

2015 Full Year Results Overview

2015  2014 Change
Sales revenue ($m) 1,607  2,213 -27%
Gross profit ($m) 591  1,096 -46%
Administrative expenses ($m) (194)  (192) -1%
Restructuring costs ($m)  (41)
Loss on disposal ($m) (57)  (482) 88%
Goodwill impairment ($m) (54)   (133) 60% 
Exploration costs written off ($m) (749)  (1,657) 55%
Impairment of property, plant and equipment  (406)  (596) 32%
Provision for onerous service contracts  (186)
Operating loss ($m)  (1,094) (1,965) 44%
Loss after tax ($m) (1,037)  (1,640) 37%
Operating cash flow before working capital ($m) 967  1,545 -38%
Production (boepd, working interest basis) 73,400  75,200 -2%

 

Excel downloads

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