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Equinor ASA (EQNR) annual results, year to 31 December 2017: revenue USD 61,187 million, from the 20-F

Equinor ASA files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2017 it reported revenue of USD 61,187 million, up 33.4% on the year before. Its profit attributable to shareholders was USD 4,590 million, and diluted earnings per share USD 1.40.

The year to 31 December 2017, against the year before

Year toDec 2016 †Dec 2017 †
Revenue45,87361,187
Cost of sales21,50528,212
Research and development298307
Selling, general and administrative762738
Operating profit80.013,771
Profit before tax-17813,420
Income tax2,7248,822
Profit for the year-2,9024,598
Profit attributable to shareholders-2,9224,590
Filing20-F20-F

USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.

Year toDec 2016 †Dec 2017 †
Diluted EPS-0.911.40
Basic EPS-0.911.40
Filing20-F20-F

USD per ordinary share, as filed.

Cash flow

Year toDec 2016 †Dec 2017 †
Cash from operations8,81814,802
Purchase of property, plant and equipment12,19110,755
Free cash flow-3,3734,047
Dividends paid1,876190
Filing20-F20-F

USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.

Balance sheet at year end

Year toDec 2016 †Dec 2017 †
Total assets104,530111,100
Equity attributable to shareholders35,07239,861
Cash and cash equivalents5,0904,390
Borrowings, as filed30,55627,090
Inventories3,2273,398
Filing20-F20-F

USD million, at each fiscal year end.

Ratios on the filed lines

Year toDec 2016 †Dec 2017 †
Operating margin0.2%22.5%
Net margin-6.4%7.5%
Free cash flow margin-7.4%6.6%
Return on year-end equity-8.3%11.5%
Effective tax raten/a65.7%
Filing20-F20-F

Arithmetic on the filed lines of the same year.

Every annual report here

Source

20-F for the year to 31 December 2017, filed 20 March 2020, accession 0001140625-20-000007: the filing on EDGAR. All of Equinor ASA's filings: EDGAR company page. The figures are in US dollars as filed.

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