Business
CORRECTION: Full Year Results
CORRECTION: Full Year Results.
About this update from Capital Limited
[{"type":"text","content":"\n \nRNS Number : 0100I Capital Drilling Limited 16 March 2018 \n\n \n\n\n\n\nFor Immediate Release\n\n\n16 March 2018\n\n\n\n\n \n \nCapital Drilling Limited\n(\"Capital Drilling\", the \"Group\" or the \"Company\")\n \nFull Year Results\nFor the period ended 31 December 2017\n \nCapital Drilling Limited (CAPD:LN), a leading drilling solutions company focused on the African markets, today announces its full year results for the period ended 31 December 2017.\n \nFULL YEAR FINANCIAL RESULTS (UNAUDITED) FOR THE YEAR ENDED 31 DECEMBER 2017*\n \n\n\n\n\n \n\n\n2017\n\n\n2016\n\n\n \n\n\n\n\nAverage Fleet Size (No. of drill rigs)\n\n\n93\n\n\n94\n\n\n \n\n\n\n\nFleet Utilisation (%)\n\n\n53\n\n\n45\n\n\n \n\n\n\n\nARPOR ($)\n\n\n194,000\n\n\n177,000\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nCapex ($ m)\n\n\n10.8\n\n\n12.8\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nRevenue ($ m)\n\n\n119.4\n\n\n93.3\n\n\n \n\n\n\n\nEBITDA1 ($ m)\n\n\n24.3\n\n\n13.1\n\n\n \n\n\n\n\nEBIT1 ($ m)\n\n\n11.7\n\n\n(1.4)\n\n\n \n\n\n\n\nNet Profit (Loss) After Tax ($ m)\n\n\n5.2\n\n\n(4.8)\n\n\n \n\n\n\n\nCash From Operations ($ m)\n\n\n20.7\n\n\n9.9\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nEarnings (loss) per Share\n\n\n \n\n\n \n\n\n \n\n\n\n\nBasic (cents)\n\n\n3.9\n\n\n(3.6)\n\n\n \n\n\n\n\nDiluted (cents)\n\n\n3.8\n\n\n(3.6)\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nFinal Dividend per Share (cents)\n\n\n1.2\n\n\n1.0\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nNet Asset Value per Share1 (cents)\n\n\n51.8\n\n\n49.5\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nReturn on Capital Employed (%)**\n\n\n14.3\n\n\n(2.0)\n\n\n \n\n\n\n\nReturn on Total Assets (%)**\n\n\n11.1\n\n\n(1.5)\n\n\n \n\n\n\n\nNet Cash1 ($ m)\n\n\n4.9\n\n\n0.6\n\n\n \n\n\n\n\nNet Cash/Equity (%)\n\n\n7.0\n\n\n0.9\n\n\n \n\n\n\n\n*All amounts are in USD unless otherwise stated\n\n\n \n\n\n \n\n\n\n\n** Twelve months rolling average\n\n\n \n\n\n \n\n\n\n\n(1) EBITDA, EBIT, Net Asset Value per share and Net Cash are non-IFRS financial measures, and should not be used in isolat...