Oil Search Ltd
ASX:OSH
Income Statement
Earnings Waterfall
Oil Search Ltd
Income Statement
Oil Search Ltd
| Dec-2002 | Jun-2003 | Dec-2003 | Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||
| Revenue |
229
N/A
|
288
+25%
|
350
+22%
|
366
+5%
|
416
+14%
|
480
+15%
|
664
+38%
|
754
+14%
|
645
-14%
|
627
-3%
|
719
+15%
|
880
+22%
|
814
-7%
|
533
-35%
|
512
-4%
|
604
+18%
|
584
-3%
|
678
+16%
|
733
+8%
|
760
+4%
|
725
-5%
|
707
-2%
|
766
+8%
|
895
+17%
|
1 610
+80%
|
1 964
+22%
|
1 586
-19%
|
1 303
-18%
|
1 236
-5%
|
1 331
+8%
|
1 446
+9%
|
1 328
-8%
|
1 536
+16%
|
1 755
+14%
|
1 585
-10%
|
1 433
-10%
|
1 074
-25%
|
1 116
+4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(127)
|
(151)
|
(180)
|
(169)
|
(141)
|
(150)
|
(189)
|
(196)
|
(194)
|
(223)
|
(237)
|
(243)
|
(229)
|
(201)
|
(195)
|
(170)
|
(142)
|
(154)
|
(161)
|
(191)
|
(210)
|
(216)
|
(227)
|
(275)
|
(555)
|
(776)
|
(782)
|
(783)
|
(771)
|
(722)
|
(715)
|
(676)
|
(698)
|
(803)
|
(834)
|
(796)
|
(729)
|
(720)
|
|
| Gross Profit |
103
N/A
|
137
+33%
|
169
+24%
|
197
+16%
|
275
+40%
|
329
+20%
|
475
+44%
|
558
+17%
|
450
-19%
|
404
-10%
|
482
+19%
|
637
+32%
|
586
-8%
|
332
-43%
|
317
-4%
|
433
+37%
|
442
+2%
|
524
+19%
|
572
+9%
|
569
0%
|
515
-10%
|
491
-5%
|
539
+10%
|
620
+15%
|
1 055
+70%
|
1 188
+13%
|
804
-32%
|
520
-35%
|
465
-11%
|
609
+31%
|
731
+20%
|
652
-11%
|
837
+28%
|
952
+14%
|
751
-21%
|
637
-15%
|
345
-46%
|
396
+15%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(6)
|
(3)
|
(0)
|
(7)
|
(13)
|
(14)
|
(16)
|
(37)
|
(59)
|
(174)
|
(184)
|
(168)
|
(107)
|
(143)
|
(89)
|
(159)
|
(153)
|
(117)
|
(97)
|
(147)
|
(182)
|
(185)
|
(144)
|
(121)
|
(161)
|
(197)
|
(104)
|
(92)
|
(56)
|
(53)
|
(87)
|
(74)
|
(118)
|
(105)
|
(65)
|
(158)
|
(151)
|
(59)
|
|
| Selling, General & Administrative |
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(25)
|
0
|
(34)
|
(66)
|
(68)
|
(68)
|
(74)
|
(88)
|
(57)
|
(21)
|
(24)
|
(37)
|
(54)
|
(51)
|
(49)
|
(50)
|
(43)
|
(48)
|
(44)
|
(52)
|
(55)
|
(39)
|
(36)
|
(41)
|
(48)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(17)
|
(47)
|
(96)
|
(163)
|
(168)
|
(91)
|
(39)
|
(76)
|
(155)
|
(131)
|
(77)
|
(71)
|
(90)
|
(156)
|
(133)
|
(118)
|
(99)
|
(122)
|
(137)
|
(51)
|
(35)
|
(53)
|
(59)
|
(36)
|
(23)
|
(67)
|
(79)
|
(47)
|
(117)
|
(103)
|
(19)
|
|
| Depreciation & Amortization |
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
(3)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(8)
|
(8)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(17)
|
(25)
|
(26)
|
(27)
|
(27)
|
|
| Other Operating Expenses |
(5)
|
(3)
|
(1)
|
(7)
|
(13)
|
(13)
|
(16)
|
(20)
|
(13)
|
(78)
|
(21)
|
(0)
|
(16)
|
(77)
|
(13)
|
32
|
49
|
32
|
47
|
21
|
67
|
11
|
0
|
7
|
8
|
1
|
5
|
1
|
57
|
57
|
5
|
1
|
9
|
46
|
46
|
21
|
20
|
35
|
|
| Operating Income |
97
N/A
|
133
+38%
|
169
+27%
|
190
+13%
|
262
+38%
|
316
+21%
|
459
+45%
|
521
+13%
|
391
-25%
|
230
-41%
|
298
+30%
|
469
+57%
|
479
+2%
|
188
-61%
|
228
+21%
|
274
+20%
|
289
+5%
|
407
+41%
|
475
+17%
|
422
-11%
|
332
-21%
|
306
-8%
|
396
+29%
|
499
+26%
|
895
+80%
|
991
+11%
|
700
-29%
|
428
-39%
|
409
-4%
|
556
+36%
|
644
+16%
|
577
-10%
|
720
+25%
|
847
+18%
|
686
-19%
|
479
-30%
|
194
-60%
|
337
+74%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
2
|
(2)
|
(8)
|
(9)
|
3
|
5
|
(2)
|
8
|
26
|
28
|
23
|
(4)
|
6
|
4
|
(3)
|
(2)
|
1
|
2
|
0
|
1
|
(1)
|
(6)
|
(8)
|
(41)
|
(119)
|
(169)
|
(177)
|
(180)
|
(185)
|
(188)
|
(185)
|
(184)
|
(197)
|
(214)
|
(216)
|
(202)
|
(172)
|
(159)
|
|
| Non-Reccuring Items |
(14)
|
(7)
|
(7)
|
(9)
|
(55)
|
(63)
|
(32)
|
242
|
193
|
0
|
0
|
0
|
(92)
|
0
|
15
|
0
|
(16)
|
0
|
(33)
|
0
|
(24)
|
0
|
0
|
0
|
(181)
|
(186)
|
(405)
|
(399)
|
(29)
|
(30)
|
(8)
|
(10)
|
0
|
(2)
|
(5)
|
(374)
|
(374)
|
(0)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
134
|
127
|
(5)
|
(1)
|
4
|
3
|
(1)
|
0
|
0
|
45
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(1)
|
0
|
0
|
0
|
(1)
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(3)
|
(5)
|
39
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(12)
|
(16)
|
(16)
|
(16)
|
(15)
|
(13)
|
(11)
|
|
| Pre-Tax Income |
85
N/A
|
125
+47%
|
154
+23%
|
172
+12%
|
210
+22%
|
258
+22%
|
425
+65%
|
771
+81%
|
610
-21%
|
258
-58%
|
323
+25%
|
599
+85%
|
520
-13%
|
188
-64%
|
240
+28%
|
276
+15%
|
277
+1%
|
406
+47%
|
440
+8%
|
421
-4%
|
348
-17%
|
338
-3%
|
380
+12%
|
449
+18%
|
585
+30%
|
625
+7%
|
108
-83%
|
(161)
N/A
|
185
N/A
|
328
+77%
|
441
+35%
|
370
-16%
|
507
+37%
|
615
+21%
|
449
-27%
|
(112)
N/A
|
(366)
-226%
|
166
N/A
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(38)
|
(59)
|
(68)
|
(81)
|
(103)
|
(128)
|
(225)
|
(260)
|
(198)
|
(173)
|
(186)
|
(244)
|
(207)
|
(103)
|
(106)
|
(125)
|
(92)
|
(159)
|
(238)
|
(225)
|
(172)
|
(156)
|
(174)
|
(204)
|
(232)
|
(197)
|
(148)
|
(80)
|
(95)
|
(134)
|
(139)
|
(118)
|
(166)
|
(191)
|
(136)
|
(4)
|
45
|
(82)
|
|
| Income from Continuing Operations |
47
|
66
|
86
|
91
|
107
|
130
|
200
|
510
|
412
|
85
|
137
|
355
|
313
|
85
|
134
|
151
|
186
|
247
|
203
|
196
|
176
|
182
|
206
|
245
|
353
|
428
|
(39)
|
(241)
|
90
|
193
|
302
|
252
|
341
|
424
|
312
|
(116)
|
(321)
|
85
|
|
| Net Income (Common) |
47
N/A
|
66
+40%
|
86
+30%
|
91
+6%
|
107
+18%
|
130
+21%
|
200
+55%
|
510
+155%
|
412
-19%
|
85
-79%
|
137
+61%
|
355
+159%
|
313
-12%
|
85
-73%
|
134
+58%
|
151
+13%
|
186
+23%
|
247
+33%
|
203
-18%
|
196
-3%
|
176
-10%
|
182
+3%
|
206
+13%
|
245
+19%
|
353
+44%
|
428
+21%
|
(39)
N/A
|
(241)
-512%
|
90
N/A
|
193
+115%
|
302
+56%
|
252
-17%
|
341
+35%
|
424
+24%
|
312
-26%
|
(116)
N/A
|
(321)
-177%
|
85
N/A
|
|
| EPS (Diluted) |
0.04
N/A
|
0.06
+50%
|
0.08
+33%
|
0.08
N/A
|
0.1
+25%
|
0.12
+20%
|
0.18
+50%
|
0.45
+150%
|
0.37
-18%
|
0.08
-78%
|
0.12
+50%
|
0.31
+158%
|
0.28
-10%
|
0.07
-75%
|
0.11
+57%
|
0.12
+9%
|
0.14
+17%
|
0.19
+36%
|
0.15
-21%
|
0.15
N/A
|
0.13
-13%
|
0.14
+8%
|
0.15
+7%
|
0.17
+13%
|
0.23
+35%
|
0.28
+22%
|
-0.03
N/A
|
-0.16
-433%
|
0.06
N/A
|
0.13
+117%
|
0.19
+46%
|
0.16
-16%
|
0.22
+38%
|
0.27
+23%
|
0.2
-26%
|
-0.07
N/A
|
-0.15
-114%
|
0.04
N/A
|
|