COSL COSL 2002 11 20 H 2883 2004 3 26 COSL CHOLY COSL 2007 9 28 A601808 COSL 2010 12 31 29 25 1 4 246 COSL 75 358 4 FCT( ) FET( ) LWDERSC() COSL COSL2010 COSL DOC (Document of Compliance) COSL ISO9001 ISO14001 OHSAS18001 DNV COSL............................................................................................ 1............................................................................................ 3..................................................................................................... 7................................................................................................. 12............................................................................................... 18....................................................................................................... 38............................................................................................... 49................................................................................................... 54............................................................................... 67..................................................................................................... 76..................................................................................................... 90....................................................................................................... 92................................................................ 105........................................................... 213....................................................................................................... 287....................................................................................................... 288............................................................................................................ 289
1 4,610.1 4,834.2 4,128.5 3,938.0 7,855.1 2 2010 2009 2008 18,059.9 18,345.4 (1.6%) 12,430.3 4,834.2 3,759.6 28.6% 3,307.3 4,128.5 3,135.3 31.7% 3,102.2 3,938.0 3,389.2 16.2% 3,334.1 ( ) 0.92 0.70 31.7% 0.69 ( ) 0.92 0.70 31.7% 0.69 ( ) 0.88 0.75 16.2% 0.74 % 17.16 14.89 2.27 16.76 % 16.37 16.10 0.27 18.02 7,855.1 5,604.9 40.1% 4,036.7 ( ) 1.75 1.25 40.1% 0.90 2010 2009 2008 63,593.3 60,933.3 4.4% 56,272.9 25,589.6 22,305.6 14.7% 19,797.8 ( ) 5.69 4.96 14.7% 4.40 2010 1
3 2010 (25,642,851) 11,801,402 237,972,245 224,130,796 (33,619,619) 190,511,177 4 2006 () 2010 2009 2
1 2007 A4,495,320,0002,410,468,000 53.63%50,000,0001.11% 2,034,852,000 45.26% H 1,534,852,000 34.14% A 500,000,000 11.12% 2 50,000,000 50,000,000 2013 9 28 2,410,468,000 (2,410,468,000) 2010 A 11 29 2,460,468,000 (2,410,468,000) 50,000,000 / / 3 4 2010 3
1 2010 12 31 : A H 113,313 245 % 53.63 2,410,468,000 ( ) 34.07 1,531,623,899 250,000 1.11 50,000,000 50,000,000 0.76 33,999,245 0.34 15,217,818 0.23 10,310,918 0.19 8,699,965 (LOF) 0.19 8,634,013 0.18 8,299,738 0.18 7,935,256 2,410,468,000 ( ) 1,531,623,899 33,999,245 15,217,818 10,310,918 8,699,965 (LOF) 8,634,013 8,299,738 7,935,256 6,796,633 4
1 ( ) ( ) H 2 5% 5% 3 (LOF) 10 10 10 10 1 50,000,000 2013 9 28 H COSL (H) % JPMorgan Chase & Co. 227,117,886(L) 14.80(L) 0(S) 0.00(S) 102,620,900(P) 6.69(P) Commonwealth Bank of Australia 130,500,000(L) 8.50(L) Allianz SE 107,310,000(L) 6.99(L) (a) (b) L S (c) P 2010 5
2 (1) 1982 2 15 9,493,161.40 (2) (3) 100% 53.63% 3 6
CDE COSL Drilling Europe 2010 2010 41.28 31.7 % 0.92 31.7% 17.16% 2.272010 0.18 2011 5 2010 7
2010 2010 2010 8 26 2010 QHSE 2010 2010 2010 100% 2010 1,970 140.7 17 112010 2010 8
2011 2011 5000 2011 3 22 2010 9
COSL 10 China Oilfield Services Limited
Annual Report 2010 11
2010 2010 17,561.0 1.8% 1,073.1 4.5% 5,200.116.4% 4,128.031.7% 9,327.05.8% 4,327.02.0% 2,346.0 8.0% 1,561.0 11.6% 12
QHSE2010 QHSE SMS QHSE SMS 201034OSHA 0.2 4.8% 4.8% 2.6% 2010 COSLBoss 937 5 2011 2 4 2010 4,312.1 24.6% CDE CDPL 2010 10 COSLPioneer COSLInnovator COSLPromoter 2011 2012 CDPL PD 40%CDE COSLRigmar PSA AOC COSLPioneer Statoil 5 CDE CDPL 2010 RT101 CO2 1475199 16 81% 75% 2010 13
2010 NOTES 2011 14
2010 15
COSL 2,500 30,000 2010 9,327.0 2,500 30,000 16 China Oilfield Services Limited
Annual Report 2010 17
2010 2010 4390 11% Spears & Associate, Inc. 2010 20095% 2,580 ODS-data 2010 10.91% 2010 3.67% 2010 2010 2010 94.6% 9,327.0 1,073.1 5.8% 18
2010 8 5 1 7 5 10 2 2011 COSL Poineer 2011 2 2010 451 COSL Innovator2010 2 200 2011 2010 2010 2009 8,936 8,155 781 9.6% 7,933 7,089 844 11.9% 1,003 1,066 (63) (5.9%) 99.5% 98.9% 0.6% 99.5% 98.7% 0.8% 100.0% 100.0% 0.0% 94.6% 95.0% (0.4%) 94.9% 94.7% 0.2% 91.6% 97.4% (5.8%) 844 CDE316 2265 515282 657 129 63 2010 0.4% 94.6% 2010 730100.0% 1,418 97.1% 2,127 97.1% 2010 19
COSL 20
2010 21
2010 2010 2009 11.3 12.0 (0.7) (5.8%) CDE 12.9 14.1 (1.2) (8.5%) 19.4 18.8 0.6 3.2% 22.1 19.6 2.5 12.8% 12.9 13.4 (0.5) (3.7%) 2010 12 31 1 6.6227 2009 12 31 1 6.8282 30 20 2010 ERCT 6 100% EXDT 20 25 EAIL 5 EPS( ) 16.5 2010 4,327.0 4,416.7 89.7 2.0 22
2010 12 31 75 3 5 2010 94.7% 2010 1 2 2011 2010 2010 2009 16,466 16,433 33 0.2% 6,225 6,787 (562) (8.3%) 1,733 1,759 (26) (1.5%) 1,239 1,949 (710) (36.4%) 1,106 774 332 42.9% 26,769 27,702 (933) (3.4%) 93386 2,987 3 1 332 10 1,745 23 202.8 141.3 43.5% 177.9 109.8 62.0% 2010 2,346.0 2,171.3 174.7 8.0% 2010 23
COSL 75 3 5 24
2010 25
8 4 2010 2010 718 5,000 718 12 720 2010 2010 2009 ( ) 24,469 33,900 (9,431) (27.8%) 14,846 22,588 (7,742) (34.3%) 13,008 10,394 2,614 25.1% 405 405 100.0% 7,983 7,951 32 0.4% 9,431 2,614 405 34.3% 2010 1,561.0 1,398.9 162.1 11.6% 2010 2010 310.3 301.6 2.9% 26
2010 10 39 2010 13.2 10.1 3.1 30.7% 2010 4,312.124.6%4,989.0 676.9 1,073.1 396.2 10.1% 2010 N6 4 5 COSL Pioneer Statoil 5 2 1. 1.1 2010 2010 17,561.0 17,878.7 317.7 1.8% 11,073.1 755.4 4.5% 2010 27
COSL 8 4 28
2010 29
2010 2009 9,327.0 9,891.8 (564.8) (5.7%) 4,327.0 4,416.7 (89.7) (2.0%) 2,346.0 2,171.3 174.7 8.0% 1,561.0 1,398.9 162.1 11.6% 17,561.0 17,878.7 (317.7) (1.8%) 1.2 2010 12,449.6 13,505.7 1,056.1 7.8% 2010 2009 2010 2009 3,122.3 2,865.2 257.1 9.0% 2,938.1 2,669.6 268.5 10.1% 437.7 609.4 (171.7) (28.2%) 3,277.0 3,610.0 (333.0) (9.2%) 1,143.7 884.4 259.3 29.3% 379.7 589.1 (209.4) (35.5%) 936.8 1,076.2 (139.4) (13.0%) 41.9 381.9 (340.0) (89.0%) 172.4 819.9 (647.5) (79.0%) 12,449.6 13,505.7 (1,056.1) (7.8%) 257.19.0% 200922010 1 2 2010 268.5 10.1% 171.7 28.2% 72 30
333.0 9.2% 259.329.3% 209.4 35.5% 139.413.0% 2010 340.089.0% 2010 647.579.0% 819.9 172.4 2010 2009 5,830.9 7,180.2 (1,349.3) (18.8%) 3,560.4 3,679.9 (119.5) (3.2%) 1,817.4 1,531.7 285.7 18.7% 1,240.9 1,113.9 127.0 11.4% 12,449.6 13,505.7 (1,056.1) (7.8%) 1.3 2010 5,200.1 4,468.1 732.0 16.4% 2010 31
2010 2009 3,505.3 2,747.5 757.8 27.6% 813.9 743.3 70.6 9.5% 541.6 654.2 (112.6) (17.2%) 339.3 323.1 16.2 5.0% 5,200.1 4,468.1 732.0 16.4% 1.4 2010 509.7 818.8 309.137.8% 112.2 180.4 87.7 92.7 1.5 2010 143.8 110.3 33.5 30.4% 26.6 1.6 2010 4,834.2 3,759.6 1,074.6 28.6% 1.7 2010 706.2 2009 624.3 81.9 13.1% 1,074.6 1.8 2010 4,128.0 3,135.3 992.7 31.7% 32
1.9 2010 0.92 0.70 0.22 31.7% 1.10 2010 809.2 0.18 2. 2010 12 31 63,497.4 2009 60,776.5 2,720.9 4.5%37,907.5 200938,470.9 563.4 1.5% 25,589.9 2009 22,305.6 3,284.3 14.7% 2.1 2010 12 3146,371.1 45,086.5 1,284.6 2.8 2.2 0.1 19.4 19.3 Petrojack ASA 2010 3 2.3 39.1 2.4 388.8 755.5 366.7 48.5% 20012 459.6 2010 33
2.5 2010 12 31 693.2 429.7 263.5 691.6 1.6 2.6 2010 12 3187.5 247.3 159.864.6% 2.7 2010 12 315,847.2 3,214.62,632.6 81.9 2.8 2010 12 31 41.1 20.6 20.5 99.8 2.9 781.4 477.4 304.0 63.7 2.10 124.0 86.8 37.2 42.8 2.11 2010 12 31 650.7 283.1 367.6129.9 650.7 283.1 34
2.12 2010 12 31573.7 573.7 2.13 2010 12 311,500.0 2,670.0 1,170.0 43.8 580.2 573.7 2.14 36.6 6.3 30.3 482.6% Atlantis Deepwater Orient Ltd. 3. 2010 3,214.6 7,855.1 3,574.2 1,577.6 70.7 2010 12 31 5,847.2 3.1 2010 12 317,855.1 17,996.8 10.4 5,260.8 2,728.6 1,336.8 825.9 3.2 3,574.2 4,433.9 642.2 194.7 72.2 70.0 119.4 2010 35
3.3 2010 12 31 1,577.6 1,645.5 630.3 769.0 1,478.3 11.1 3.4 70.7 4. 20105,476.5 8,413.3 2,936.8 34.9% 2010 2009 3,328.1 6,062.8 (2,734.7) (45.1%) 295.1 760.1 (465.0) (61.2%) 1,016.1 924.7 91.4 9.9% 837.2 665.7 171.5 25.8% 5,476.5 8,413.3 (2,936.8) (34.9%) 1 375 1 400 1 2500 2 2 350 2 200 2 36
2011 2011 3.1% 6.0% 2011 8% 2011 2011 QHSE 2010 37
2010 Corporate Governance 2010 E 1.2 2010 5 28CEO 2010 1 1 2 1 1 1 1 12 3 2010 2010 4 2010 38
5 2010 12 31 1210 12 ( ) 2010 8 27 2010 8 26 2010 12 22 2010 5 28 2010 5 28 2009 2009 2010 2010 12 22 (1) (2) (3) (4) (5) (6) (7) 2010 39
(8) (9) (10) (11) (12) (13) (14) (15) (6) (7) (11) A.2.7 2010 4 2010 2010 5 26 20112013 40
3.10 1 2 3.13 2010 8 262010 8 26 2009 6 320122010 5 282013 2009 6 3 2012 2005 10 30 2008 10 29 2010 2007 5 27 2010 2010 5 28 2013 2009 6 3 2010 8 26 2010 41
1 2 2009 2008 2009 2009 2010 1 2 1 2 42
1 2009 201020102010 2 2009 3 4 5 2010 2010 1,448 396 A 240 2010 43
1 2010 3 3 30 2010 3 4 28 2010 3 8 26 2010 2 10 27 2010 3 12 10 2010 1 3 29 2010 2 4 28 2010 3 8 25 2010 1 10 25 2010 3 29 2010 4 28 2010 8 26 2010 3 29 2010 8 26 44
2 2010 3 30 2010 4 28 2010 8 26 2010 10 27 2010 12 10 2009 1 2010 2 2010 3 A 4 2010 2010 2011/2012/2013 2011 2011 2010 2010 16 4 8 2010 17 4 13 2010 18 4 22 2010 24 A 5 7 2010 25 6 9 2010 26 7 12 2010 27 CDE7 20 2010 28 8 9 2010 40 9 19 2010 41 9 13 2010 44 CDE11 2 2010 45
2010 45 11 11 2010 46 12 3 2010 50 12 22 2010 51 A 12 27 2010 52 12 29 2010 IT 13370 2010 100 2011 3 22 46
2006 11 22 72007 6 6 4.09 2006 11 22 2 0.99 1 1.0~1.5 50% 2 1.5~2.0 30% 3 2.0~3.0 20% 4 3.0 15% 10% 20% 2010 12 31 * 72.32 1,279,805 316,265 1,596,070 CEO 52.82 934,834 231,016 1,165,850 CFO * 52.82 934,834 231,016 1,165,850 CSO * 52.82 934,834 231,016 1,165,850 * 49.28 871,919 215,468 1,087,387 ** 24.63 281,774 261,920 543,694 45.68 808,472 199,790 1,008,262 350.37 6,046,472 1,686,491 7,732,963 * 2010 CFO2010CSO2010 2009 ** 2007 2010 47
2010 12 31 7,732,963 20082006 2007 2009 2008 2009 2010 5 282009 2008 2009 2008 11 222006 11 22 48
2010 5 28 2009 2010 5 29 20092010 5 28 25 504 3,046,145,601 67.76% 1) 2) 3) 4) 5) 2008 2009 6) 7) 8) 1) 12 H 20% H 12 2875,400 0.03% 54,841,000 0.16% 6 3,761,040 0.12% 7 14,580,051 0.48%4,544,000 0.15% 84,544,000 0.15% 100% 190,450,936 6.41% 2010 49
1 2010 6 28 2010 2010 6 29 2 2010 12 22 20102010 12 23 1 2010 2010 2010 6 28 25 504 2,974,736,06866.17 1) 2) 3) 1) (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) 50
2) 1 2 3 1,360,000 0.05% 1 11 1,360,000 0.05% 2 3,160,000 0.11% 2 2010 2010 2010 12 22 25 504 3,332,193,49974.26% 1) 2010 11 5 2) 2013 12 31 3) 2013 12 31 4) 2013 12 31 5) 6) 1) 5 1,800,000 0.2% 6 8,704,354 0.26% 100% 342,000 0.01% 2010 51
1 A 2010 6 28 2010A 2010 6 29 2 H 2010 6 28 2010H 2010 6 29 1 2010 A 2010A2010 6 2825 504 1) (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) 2) 1 2 100% 52
2 2010 H 2010H2010 6 2825 504 1) (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) 2) 1 11 1,360,0000.24% 1,402,000 0.25% 23,160,000 0.56% 2010 53
2010 QHSE SMS 201080 1 1.1 2010 54
1.2 2010 98 47 51 2010 1.3 2010 27 1.4 2010 55
2 2010 QHSE/SMS QHSE 56
2010 QHSE QHSE 1 2 3 4 5 OSHA 0.55 0.2 6 96% 98 100 100% 2.1 1) 2010QHSE QHSE QHSE SMS QHSE 2) QHSE HSE HSE 2010 4 18 2010 57
3) 4.20 4) 2010 2 SOS 5) 2011 2 15 2 21 22 77, 58
24 7 77 7 82011 2 28 2.2 1) 2) 3) 4) 5) 2010 59
2.3 2010 1) 2010 2 7000 1654 19-3 17 38880 2) 3) 60
3 3.1 1) 2) 3) 4) 2010 61
3.2 1) M T W 2) 3) 2010 4) 2010 3.3 1) 2) EMBA 62
3) 4) 2010 5,123 11,314 3,170 3.4 1) COSL COSL COSL 2) 2010 99 100 3) 2010 63
4) 4 2010 4.1 2010 17,561.01.8%5,200.1 16.4% 4,128.0 31.7% 4.2 1) 7 76 2452 8 2) 2010 1,970 3) 140.7 13,062 4) 47.5 5) 64
4.3 1) 2) 2010 8,269226.03 4.4 1) 2010 17 11 2) 5 2010 65
6 6.1 2015 6.2 66
** * 52 2009.6.3~2012.6.2 462,656 CEO 47 2009.6.3~2012.6.2 912,279 52.82 1,165,850 CFO 46 2010.12.22~2013.12.21 50,000H 114,740 55 2010.5.28~2013.5.27 61 2009.6.3~2012.6.2 400,000 60 2010.5.28~2013.5.27 200,000 60 2010.5.28~2013.5.27 200,000 56 2010.5.28~2013.5.27 39 2010.7.26~2013.7.25 459,344 62 2009.6.3~2012.6.2 80,000 CTO 53 2007.6~ 638,129 49 2007.6~ 770,364 45.68 1,008,262 56 2007.8~ 595,418 46 2010.3~ 588,204 41 2010.4~ 356,050 50,000H 5,777,184 98.50 2,174,112 * ** 2010 67
5 1958 2000 1982 29 2005 10 2009 3 62010 5 812 1963 1984 1989 2001 2010 8 2009 42010 8 2006 52009 4 2005 10 2006 5 2003 2005 19992003 19931999 1984 27 1964 1986 19861992 1993 1997 1998 21998 9 19992001 20012003 2004 - - 2007 2010 2010 9 16 2010 12 22 68
1955 MBA 2006 4 2004 52006 3 2002 7 2006 3 1999 92002 6 1988 1999 9 1949 32 Swire Bottlers Limited 12 1989 1993 1994 19972000 7 2001 2004 2001 72002 6 () ATA Inc. 1950 1974 1978 Osgoode Hall Law School 1986 1987 19922005 2009 00124 00337 ( ) 002382000 5 2008 12 00111 2010 69
1950 1982 1954 1992 6 2002 3 2002 32003 4 () 2003 4 2005 7 ( ) 2005 72006 9 2006 9 2009 11 1948 1982 1992 19851988 BIELEFELD BERN 19922008 2008 2005 6 2009 6 1971 ENI 2010 7 2010 2 2006 32010 1 2005 12 2006 3 2002 112005 12 70
2002 1 2002 11 2001 8 2001 12 2000 7 2001 7 1999 7 2000 7ENI 1994 7 1999 7 17 1996 9 1993 51994 5 19821993 29 1957 2007 6 2003 72007 6 2001 5 2003 7 1999 42001 51996 9 1999 41994 5 1961 EMBA CSERM 2007 6 2005 10 2002 92005 10 2001 12 2002 9 2000 102001 12 1995 2000 2010 71
19931995 1991 1993 1977 1991 32220 34 1954 2007 8 2002 92007 8 2002 12002 9 1994 12001 12 1993 91994 1 1992 11 1993 8 1982 1992 1979 1982 32 1964 1987 EMBA 2010 3 2006 42010 3 2001 112006 4 1987 7 2001 11 24 1969 1991 2003 2008 1998 2003 5 2010 4 72
2010 5 2006 4 2007 2007 2008 1 2 2010 73
1 (1) 2010 5 28 2009 (2) 2010 8 26 2010 (3) 2010 12 222010 2 1 2010 5 28 2009 2 2010 7 26 3 (1) 2010 1 (2) 2010 3 (3) 2010 4 (4) 2010 4 CSO (5) 2010 4 8 (6) 2010 8 26 2010 74
9,290 1 2,228 4,874 2,188 2 378 4,149 2,420 562 462 1,319 2010 75
2010 12 31 2010 12 31 214 219 18 809,157,600 12 2010 12 31 17 41 76
2010 2009 2008 2007 2006 17,560,985 17,878,654 12,142,944 9,007,987 6,364,839 88,633 95,099 48,671 38,611 31,341 17,649,618 17,973,753 12,191,615 9,046,598 6,396,180 (3,122,338) ( 2,865,166) (1,563,534) (1,042,081) ( 900,244) (2,938,103) ( 2,669,618) (2,106,497) (1,643,857) ( 936,936) (437,722) ( 609,441) (420,257) ( 317,546) ( 356,510) (3,277,048) ( 3,610,001) (2,720,083) (2,003,698) (1,934,817) (1,143,711) ( 884,384) ( 542,226) ( 357,191) ( 206,325) (379,690) ( 589,118) ( 356,136) ( 365,706) ( 313,431) (936,679) ( 1,076,167) ( 693,870) ( 387,108) ( 274,444) (41,860) ( 381,870) ( 158,523) ( 102,003) ( 81,231) (172,401) ( 819,889) - - - (12,449,552) (13,505,654) (8,561,126) (6,219,190) (5,003,938) 5,200,066 4,468,099 3,630,489 2,827,408 1,392,242 /( ) / 87,584 ( 92,686) ( 91,358) ( 113,868) ( 46,694) (674,152) ( 786,430) ( 638,985) ( 31,563) ( 36,708) 76,900 60,352 191,433 71,437 27,856 /( ) (509,668) ( 818,764) ( 538,910) ( 73,994) ( 55,546) 143,839 110,264 215,707 113,153 113,505 4,834,237 3,759,599 3,307,286 2,866,567 1,450,201 (706,239) ( 624,282) ( 205,045) ( 628,983) ( 321,966) 4,127,998 3,135,317 3,102,241 2,237,584 1,128,235 2010 77
2010 2009 2008 2007 2006 63,497,392 60,776,518 56,200,901 23,088,985 13,130,170 37,907,467 38,470,913 36,403,057 5,863,977 4,511,626 14 2010 4,127,997,930 4,128,494,256 8,378,412,798 351,812,6722010 62009 629,344,800 2010 11,525,749,582 2010 449,532 101.8 809,157,600 10,716,591,982 2010 (%) 2008 629,344,800 3,102,241,149 20 2009 629,344,800 3,135,316,585 20 2010 809,157,600 4,128,494,256 20 78
19,700,000 83% 61% 27% 8% 5% 19 2010 79
2007 9 5 6,740 6,599 2010 12 31 6,749 0.95 A 6,740 11 6,749 400 1,448 1,224 699 666 1 300 2,938 2,772 18 1,969 1,745 1,528 1,191 2 530 517 1,121 750 2 689 376 2 16 16 3 41 36 LWD 243 197 3 27 26 3 32 24 3 11,281 9,540 1 2010 7 10 2 2010 12 31 3 80
2010 12 31 2010 12 31 38 2010 12 31 3.13 68 72 2010 7 2010 81
2006 11 22 47 48 39 2010 12 31 352 COSL (H) (%) 50,000 0.003% 352 82
2010 12 31 2 3 336 COSL (H) ( ) (%)) JPMorgan Chase & Co. 227,117,886(L) 14.80(L) 0(S) 0.00(S) 102,620,900(P) 6.69(P) Commonwealth Bank of Australia 130,500,000(L) 8.50(L) Allianz SE 107,310,000(L) 6.99(L) (a) L (b) S (c) P 336 2010 2010 11 5 2011 1 1 2013 12 31 2010 12 22 2010 83
2010 12 31 2010 2009 A. a. 4,682,766 4,913,421 3,276,252 3,437,798 1,787,156 1,547,896 1,209,451 1,013,549 10,955,625 10,912,664 b. 150,957 302,997 122,332 160,861 186,132 219,166 151,080 158,835 610,501 841,859 B. 30,534 24,481 450,530 291,237 1,310 4,250 40,379 82,117 8,982 3,985 66,605 24,946 598,340 431,016 C. 3,196 4,247 60,157 22,812 D. 500,000 1,300,000 E. 1,259,245 541,962 F. 200 976,745 1,262,965 (A) (B) 2007 12 31 C D E 2010 8 26 F 2009 2 13 84
1. 2., 3. 4. A B 3000 740 14A.38 A2010 11 5 2010 10 28 http://www.sse.com.cnhttp://www.hkex.com.hk/index.htm http://www.cosl.com.cn 2010 2010 85
2010 12 31 (1) 2010 2009 4,682,766,318 4,913,421,326 7,677,859 6,325,412 139,362,126 291,954,603 2,402 572 3,914,506 4,716,422 6,429,221 172,528,724 4,840,152,432 5,388,947,059 9,551,745,054 10,135,321,629 51% 53% 3,242,707,754 3,432,382,620 21,178,750 47,637,983 43,500 269,500 40,360,573 68,589,686 13,683,215 23,675 21,250,014 19,772,701 9,953,924 5,563,384 3,349,177,730 3,574,239,549 4,462,850,422 4,523,577,858 75% 79% 1,787,156,164 1,547,895,592 23,042,640 114,259,877 33,545,035 37,424,020 66,866,577 29,966,785 15,721,240 10,928,895 9,905,113 6,759,788 26,122,894 30,755,671 7,031,418 1,973,288,558 1,774,093,151 2,424,613,596 2,239,378,199 81% 79% 1,209,451,199 1,013,549,070 136,981,500 129,923,031 2,059,336 14,098,736 26,852,646 3,516,436 657,352 1,364,047,871 1,173,041,435 1,620,647,762 1,447,123,729 84% 81% 86
(1) 2010 2009 980,863,000 1,262,970,022 588,133,744 428,818,282 77,439,617 110,921,891 1,646,436,361 1,802,710,195 (2) 2002 9 1 (3) 2010 450,000 2010 4 10 2013 4 9 2010 450,000 2009 2010 2009 2010 87
(4) 2010 1 2009 6 12 2010 9 2 2 500,000,000 2009 6 30 2012 6 29 2009 1 800,000,000 2009 6 12 2011 6 10 2 500,000,000 2009 6 30 2012 6 29 25% 2008 2011 2 2010 12 31 2010 38 48 ( ) 2010 7 4 2010 1 1 88
2010 742010 1 1 2010 7 4 2010 12 2010 ( [2010]25 )2010 1 1 2010 7 4 2010 2010 37 2010 2010 89
2010 2010 2010 7 25 2010 5 28 2010 6 4 2010 5 28 2010 7 20 2013 7 25 2009 6 3 2012 6 2 2010 3 30 (1) 2 2 3 3 4 5 5 (2) (3) A 20092010 2010 (4) (5) 2010 5 28 2009 2010 6 28 A H 2010 12 22 90
2010 2007 A 65.99 2010 91
Offrig CDE 1 2 1 1 1 2007,Awilco Offshore ASA, OffRig Drilling ASA(Offrig) 2009, Offrig 56 2010 8 34.56 2 1.8 (I) 1. ISIN NO0010244346 JACK 207,118,792 11,994,030 100% (18,291,108) 207,118,792 100% (18,291,108) 2008 9 29 CDE 2010 3 92
1 2 3 2002 9 1 H 2010 93
2010 12 31 2009 12 31 1,751,148,257 1,874,789,040 25,763 257,469,184 129,449,577 102,933,658 15,721,240 10,089,500 15,109,500 12,500,000 256,746 1,443,357 363,350 502,894 478,342 644,725 1,438,906 557,135 60,000 12,768 1,580 2,911,943 Atlantis Deepwater Orient Ltd.Atlantis Deepwater 151,909,553 160,044,908 37,870,134 17,145,721 * 2,111,312,948 2,433,564,833 (120,033,660) ( 80,022,440) 1,991,279,288 2,353,542,393 * Atlantis Deepwater 2010 12 31 2009 12 31 31,292 1,593,506 63,321,693 22,595,651 501,998,250 64,555,747 22,281,550 9,749,563 27,360 1,126,800 5,417,087 7,654,707 1,929,742 8,107,389 23,442,814 1,454,586 6,526,897-35,090,299 31,836,700 656,243,586 152,498,047 94
2010 12 31 2009 12 31 29,885,172 844,605 1,314,648 1,983,532 7,744,000 1,093,794 4,511,608 4,592,500 4,810,302 2,027 74,250 74,250 Atlantis Deepwater 32,857,272 30,115,828 Premium Drilling 95,785,387 147,177,452 565,895 372,591 173,912,918 189,892,195 * (33,309,765) * Atlantis Deepwater 140,603,153 189,892,195 2010 12 31 2009 12 31 765,429 3,248,229 3,248,229 13,642,707 16,260,729 96,073 96,072 13,432 13,432 Premium Drilling 18,392,178 32,353,555 16,438,857 22,032,799 52,596,905 74,004,816 110,000 110,000 298,097,500 298,097,500 691,574,221 427,107,943 691,574,221 427,107,943 2010 95
2010 12 31 2009 12 31 1,259,244,653 541,962,050 1. (1) (2) (3) 2. ( ) 298 2010 4 10 2010 4 10 2013 4 9 96
2. A 298 B A+B 298 (%) 0.01% C 70 D 50 E C+D+E 3. 4. 2010 11 5 2011 1 12013 12 31 2010 10 28 http://www.sse.com.cnhttp://www.hkex.com.hk/index.htm http://www.cosl.com.cn 5% A 2010 97
2002 1. 47 48 2. 2010 3 98
2010-1-4 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-2-1 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-2-8 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-2-9 http://www.sse.com.cn http://www.cosl.com.cn/ 2010-3-2 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-3-15 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2009 12 31 2010-3-30 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2009 2010-3-31 http://www.sse.com.cn http://www.cosl.com.cn/ 2009 2010-3-31 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2009 2010-3-31 http://www.sse.com.cn http://www.cosl.com.cn/ 2010 2010-3-31 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-3-31 http://www.sse.com.cn http://www.cosl.com.cn/ 2010 2010-3-31 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-4-1 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-4-8 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 99
2010-4-9 http://www.sse.com.cn http://www.cosl.com.cn/ 2010-4-16 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-4-20 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-4-23 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2009 2010-4-23 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2009 2010-4-23 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2009 2010-4-23 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2009 2010-4-23 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2009 H 2010-4-23 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-4-24 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2009 2010-4-24 http://www.sse.com.cn http://www.cosl.com.cn/ 2010 2010-4-30 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-4-30 http://www.sse.com.cn http://www.cosl.com.cn/ 2010-5-4 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-5-4 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 100
A 2010-5-10 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-5-11 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-5-11 http://www.sse.com.cn 2010 http://www.hkex.com.hk/index.htm A http://www.cosl.com.cn/ A 2010-5-11 http://www.hkex.com.hk/index.htm H http://www.cosl.com.cn/ 2010 2010-5-11 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ H 2010-5-11 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-5-11 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-5-11 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 H 2010-5-12 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ H 2010-5-12 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 5 28 2010-5-28 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2009 2010-5-29 http://www.sse.com.cn http://www.cosl.com.cn/ 2009 2010-5-29 http://www.sse.com.cn http://www.cosl.com.cn/ 2010-6-1 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2009 A 2010-6-2 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 6 28 2010-6-28 http://www.hkex.com.hk/index.htm 2010 http://www.cosl.com.cn/ H 2010 101
2010 2010-6-29 http://www.sse.com.cn 2010 A http://www.cosl.com.cn/ 2010 H 2010 2010-6-29 http://www.sse.com.cn 2010 A http://www.cosl.com.cn/ 2010 H 2010-7-5 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-7-23 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-7-24 http://www.sse.com.cn http://www.cosl.com.cn/ 2010-8-4 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-8-10 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-8-17 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 6 30 2010-8-26 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-8-26 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-8-26 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-8-27 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-8-27 http://www.sse.com.cn http://www.cosl.com.cn/ 2010 2010-8-27 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 102
2010-9-3 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 H 2010-9-9 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-9-9 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-9-9 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-10-8 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-10-13 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-10-27 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-10-28 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-10-28 http://www.sse.com.cn http://www.cosl.com.cn/ 2010 2010-10-28 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-11-3 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-11-15 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-11-15 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-11-15 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-11-15 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-11-15 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-11-15 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 103
2010-11-16 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-11-16 http://www.sse.com.cn http://www.cosl.com.cn/ 2010-11-25 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-12-2 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 11 15 2010-12-6 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-12-6 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-12-6 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-12-7 http://www.sse.com.cn http://www.cosl.com.cn/ 2010-12-7 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-12-7 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-12-11 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010-12-22 http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 2010 2010-12-23 http://www.sse.com.cn http://www.cosl.com.cn/ 2010 2010-12-23 http://www.sse.com.cn http://www.cosl.com.cn/ 2010-12-30 http://www.sse.com.cn http://www.hkex.com.hk/index.htm http://www.cosl.com.cn/ 104
2011 60569476_A06 2010 12 312010 (1) (2) 2010 12 31 2010 2011 3 22 2010 105
2010 2009 12 31 12 31 1 6,296,792,698 4,222,832,778 2 693,190,621 429,657,902 3 3,460,751,504 3,745,547,364 4 68,630,499 528,233,255 5,752,228 1,080,000 5 24,447,240 23,754,415 6 432,679,124 389,123,571 7 815,539,945 820,548,546 8 37,904,858 39,081,032 11,835,688,717 10,199,858,863 9 19,281,034 8 39,081,025 11 482,233,820 531,735,085 12 31,542,443,089 30,092,311,149 13 14,420,081,308 14,147,200,718 14 409,834,183 461,844,210 15 4,462,018,387 4,600,473,214 16 434,767,747 841,551,247 20 6,265,008 51,757,643,542 50,733,477,682 63,593,332,259 60,933,336,545 106
2010 2009 12 31 12 31 18 3,612,821,584 3,175,095,974 19 5,365,901 5,255,901 20 781,374,585 477,407,095 21 249,796,473 153,070,242 22 95,032,922 139,212,858 23 569,294,415 358,827,721 24 1,224,449,784 283,081,032 199,508,214 606,038,526 6,737,643,878 5,197,989,349 25 27,090,538,733 28,151,039,943 26 1,500,000,000 2,670,019,752 27 1,716,051,787 1,790,789,029 20 1,381,058 28 959,173,166 816,512,769 31,265,763,686 33,429,742,551 38,003,407,564 38,627,731,900 29 4,495,320,000 4,495,320,000 30 8,074,565,726 8,074,565,726 31 1,687,452,367 1,335,639,695 32 11,525,749,582 8,378,412,798 33 809,157,600 629,344,800 (193,511,048) 21,666,426 25,589,576,627 22,305,604,645 348,068 25,589,924,695 22,305,604,645 63,593,332,259 60,933,336,545 2010 107
2010 2010 2009 34 18,059,856,834 18,345,401,415 34 11,716,691,881 11,688,942,398 35 498,871,544 466,747,758 36 8,391,345 7,455,590 37 442,068,642 427,995,982 38 509,668,819 868,061,764 39 417,896,817 879,390,769 40 143,838,601 159,562,623 143,838,601 110,264,186 4,610,106,387 4,166,369,777 41 88,633,338 95,098,628 42 (135,497,458) 501,869,382 33,870,197 19,185,603 4,834,237,183 3,759,599,023 43 706,239,253 624,282,438 4,127,997,930 3,135,316,585 4,128,494,256 3,135,316,585 (496,326) 44 0.92 0.70 45 (215,198,920) 1,788,700 3,912,799,010 3,137,105,285 3,913,316,782 3,137,105,285 (517,772) 108
2010 2010 29 30 31 32 2010 1 1 4,495,320,000 8,074,565,726 1,335,639,695 8,378,412,798 21,666,426 22,305,604,645 22,305,604,645 4,128,494,256 4,128,494,256 (496,326) 4,127,997,930 (215,177,474) (215,177,474) (21,446) (215,198,920) 4,128,494,256 (215,177,474) 3,913,316,782 (517,772) 3,912,799,010 865,840 865,840 1. 351,812,672 (351,812,672) 2. (629,344,800) (629,344,800) (629,344,800) 4,495,320,000 8,074,565,726 1,687,452,367 11,525,749,582 (193,511,048) 25,589,576,627 348,068 25,589,924,695 2009 29 30 31 32 2009 1 1 4,495,320,000 8,074,565,726 1,000,055,668 6,208,025,040 19,877,726 19,797,844,160 19,797,844,160 3,135,316,585 3,135,316,585 3,135,316,585 1,788,700 1,788,700 1,788,700 3,135,316,585 1,788,700 3,137,105,285 3,137,105,285 1. 335,584,027 335,584,027) 2. 629,344,800) 629,344,800) 629,344,800) 4,495,320,000 8,074,565,726 1,335,639,695 8,378,412,798 21,666,426 22,305,604,645 22,305,604,645 2010 109
2010 2010 2009 17,996,815,155 16,308,692,327 10,359,313 37,192,542 44,393,002 58,186,073 18,051,567,470 16,404,070,942 (5,260,774,930) (6,045,982,971) (2,728,646,605) (2,938,500,538) (1,336,789,431) (1,242,296,062) 46 (870,286,900) (572,426,475) (10,196,497,866) (10,799,206,046) 47 7,855,069,604 5,604,864,896 642,255,098 39,154,292 194,670,730 218,854,213 72,226,142 63,614,510 69,957,440 12,670,819 7,291,552 979,109,410 341,585,386 (4,433,899,230) (7,398,673,060) (424,884) (43,396,246) (76,040,801) (725,197,031) (4,553,336,277) (8,124,294,975) (3,574,226,867) (7,782,709,589) 295,646,000 100,720,000 865,840 1,182,690,000 23,227,900,560 1,479,201,840 23,328,620,560 (1,645,510,594) (20,177,338,947) (630,258,098) (629,344,800) (769,045,106) (1,318,422,624) (12,014,288) (66,697,600) (3,056,828,086) (22,191,803,971) (1,577,626,246) 1,136,816,589 (70,654,918) (39,857,037) 2,632,561,573 (1,080,885,141) 3,214,602,911 4,295,488,052 48 5,847,164,484 3,214,602,911 110
2010 2009 12 31 12 31 4,803,971,111 2,555,012,686 693,190,621 429,657,902 1 3,633,312,846 4,197,063,076 34,439,985 489,374,487 5,314,222 1,080,000 24,447,240 23,754,415 2 564,791,765 965,033,453 588,314,143 617,242,127 10,347,781,933 9,278,218,146 21,291,980,500 20,450,459,000 3 7,247,548,719 7,231,157,657 16,001,100,461 13,296,788,952 3,994,363,510 5,397,656,694 310,626,956 317,392,113 382,609,411 808,203,334 49,228,229,557 47,501,657,750 59,576,011,490 56,779,875,896 2010 111
2010 2009 12 31 12 31 2,589,313,013 2,707,769,658 5,365,901 5,255,901 725,468,952 433,104,738 216,552,074 122,947,646 85,565,856 81,561,535 237,340,748 197,613,352 612,815,670 244,000,000 44,344,313 44,213,902 4,516,766,527 3,836,466,732 27,090,538,733 28,111,958,918 1,500,000,000 1,500,000,000 458,036,207 365,889,553 207,353,707 36,565,316 29,255,928,647 30,014,413,787 33,772,695,174 33,850,880,519 4,495,320,000 4,495,320,000 8,074,565,726 8,074,565,726 1,687,452,367 1,335,639,695 11,564,127,603 9,027,158,354 809,157,600 629,344,800 (18,149,380) (3,688,398) 25,803,316,316 22,928,995,377 59,576,011,490 56,779,875,896 112
2010 2010 2009 4 14,374,725,805 13,497,409,427 5 9,048,024,220 8,762,688,740 473,789,347 371,912,155 3,012,053 3,688,387 256,793,003 252,368,383 534,350,162 455,591,223 47,302,386 40,648,494 6 219,970,752 198,623,003 204,970,752 187,623,003 4,231,425,386 3,809,135,048 90,626,907 72,098,668 54,981,087 31,272,666 22,454,970 19,145,693 4,267,071,206 3,849,961,050 748,944,485 494,120,774 3,518,126,721 3,355,840,276 (14,460,982) 1,503,016 3,503,665,739 3,357,343,292 2010 113
2010 2010 2010 1 1 4,495,320,000 8,074,565,726 1,335,639,695 9,027,158,354 (3,688,398) 22,928,995,377 3,518,126,721 3,518,126,721 (14,460,982) (14,460,982) 3,518,126,721 (14,460,982) 3,503,665,739 1. 351,812,672 (351,812,672) 2. (629,344,800) (629,344,800) 4,495,320,000 8,074,565,726 1,687,452,367 11,564,127,603 (18,149,380) 25,803,316,316 2009 2009 1 1 4,495,320,000 8,074,565,726 1,000,055,668 6,636,246,905 (5,191,414) 20,200,996,885 3,355,840,276 3,355,840,276 1,503,016 1,503,016 3,355,840,276 1,503,016 3,357,343,292 1. 335,584,027 (335,584,027) 2. (629,344,800) (629,344,800) 4,495,320,000 8,074,565,726 1,335,639,695 9,027,158,354 (3,688,398) 22,928,995,377 114
2010 2010 2009 13,926,546,174 12,099,324,433 10,359,313 2,512,447 44,382,252 65,479,634 13,981,287,739 12,167,316,514 (4,686,951,860) (3,855,557,460) (1,949,169,477) (2,035,099,099) (1,046,092,690) (918,501,797) (431,603,119) (356,029,126) (8,113,817,146) (7,165,187,482) 5,867,470,593 5,002,129,032 400,000,000 202,887,068 177,047,269 34,809,471 30,142,572 212,508,213 9,207,675 1,189,090,845 2,039,295,597 216,397,516 (2,742,744,010) (5,988,642,838) (531,654,000) (424,884) (1,664,762,900)* (20,450,459,000) (4,407,506,910) (26,971,180,722) (2,368,211,313) (26,754,783,206) 295,646,000 100,720,000 1,182,690,000 22,792,070,000 1,478,336,000 22,892,790,000 (1,044,000,000) (944,000,000) (630,258,098) (629,344,800) (609,917,365) (504,568,166) (12,014,288) (66,697,600) (2,296,189,751) (2,144,610,566) (817,853,751) 20,748,179,434 (32,299,569) (15,653,542) 2,649,105,960 (1,020,128,282) 1,750,110,504 2,770,238,786 4,399,216,464 1,750,110,504 2010 115
2002 9 20 [2002]694 260,000 2002 4 30 260,000 135,665.43 2002 9 26 1000001003612 3-1516 2002 10 11 [2002]30 2002 11 1 1,395,320,000 1.68 139,532,000 1.68 2002 11 20 3,995,320,0003,995,320,000 1 2,460,468,000 1,534,852,000 2007 9 11 [2007]284 500,000,000 A 2007 9 28 A 13.48 A6,598,755,426 4,495,320,000 4,495,320,000 1 2,460,468,000 1,534,852,000 500,000,000 2011 3 22 1. 2006 2 38 () 2. 2010 12 312010 3. 1 1 12 31 4. 116
5. ( ) ( ) ( ) ( ) 6. 2010 12 31 7. 2010 117
8. 9. ( ) (1) (2) (a) (b) 118
9. 2010 119
9. 120
9. ( ) 2 10. (1) 50,000,000 10,000,000 (2) % % 1 0 0 1 2 30 30 2 3 60 60 3 100 100 2010 121
11. 12. ( ) 122
12. () 25 9 13. 20 10% 4.5% 10-20 10% 4.5%-9% 5-30 10% 3%-18% 5-10 10% 9%-18% 5 10% 18% 25 2010 123
14. 25 15. 3 16. 50 10 3-5 124
16. 25 17. 3 18. 19. 49 20. 2010 125
20. 21. 22. (1) (2) (1) (2) 126
23. 24. ( )2010 742010 1 1 2010 7 4 2010 1 1 2010 7 4 2010 12 2010 ( [2010]25 ) 2010 1 1 2010 74 2010 127
25. 26. 1 8 COSL Drilling Europe AS ( CDE Awilco Offshore ASA) 27. 128
28. 29. (1) (2) (3) 30. ( ) 2010 12 31 26,701,8452009 145,699,400 2009 819,888,71817 ( ) 2010 12 31 226,575,445 2009 43,428,342 629,0192009 1,070,665 17 2010 129
30. 15 2010 12 31 18,291,1082009 15,003,044 17 2010 12 312009 16,404,539 27 (1) 8% 10% 14% 17% 25% (2) 3-5% (3) 7% (4) 3% (5) 2008 1 1 25% 2008 10 30 2008 1 1 2009 2009201015% 15% 2010 2009 15% 15% 25% 2009 10% 25% 25% 2009 28% 130
(5) 30% 2009 30% 3.5% 2009 3% 30% 17.5% 2009 28% 17%, 28% 2009 28% 10% 2009 10% (6) (7) (1) COSL America Inc. ( COSL America ) 100,000 China Oilfield Services (BVI) Limited 1 ( COSL (BVI) ) COSL (Labuan) Company Limited 1 ( COSL (Labuan) ) China Oilfield Services Southeast Asia 1 (BVI) Limited ( COSSA (BVI) ) () 20,000,000 a 103649048 COSL (Australia) Pty Ltd ( COSL (Australia) ) 10,000 COSL Hong Kong International Limited 2,227,770,001 COSL Drilling Pan-Pacific Ltd.( CDPL ) 1 COSL Drilling Pan-Pacific (Labuan) Ltd. ( CDPLL ) 1 COSL Norwegian AS ( COSL Norwegian ) 1,541,328,656 PT. SAMUDAR TIMUR SANTOSA ( PT STS ) 250,000 COSL Drilling Europe AS ( CDE ) 1,494,415,487 b 2010 131
( ) (1) a: b:, COSL America 2,712,100 100% 100% COSL (BVI) 8 100% 100% COSL (Labuan) 8 100% 100% COSSA (BVI) 24,830,708 100% 100% 21,709,948 100% 100% COSL (Australia) 59,262 100% 100% COSL Hong Kong International Limited 6,827,665,500 100% 100% CDPL 8 100% 100% CDPLL 8 100% 100% COSL Norwegian 6,766,351,630 100% 100% PT STS 1,697,725 49% 100% 348,068 1 CDE 16,094,229,578 100% 100% 1 PT STS PT STS 132
( ) (2) 2010 2010 2010 PT STS 682,486 (973,189) (3) 6.6227 2009 12 316.8282 6.6507 2009 6.8312 2010 133
1. 2009 12 31 130,304 1.0000 130,304 133,984 1.0000 133,984 125,964 6.6227 834,220 197,103 6.8282 1,345,859 6,725 5.1989 34,960 1,912 5.5195 10,553 657,943 0.1507 99,152 956,738 0.1467 140,377 1 6.7139 9 392 6.1242 2,401 37 1.7943 67 38 1.8600 71 12,621 1.0049 12,683 4,584 1.0382 4,759 156,210,909 0.0007 115,230 156,569,682 0.0007 113,733 1.1231 1,885 1.1820 2,228 421,936 0.0444 18,734 0.0447 5.1191 36 4.8605 177 1,245,359 1,754,142 3,554,571,424 1.0000 3,554,571,424 1,862,632,538 1.0000 1,862,632,538 371,733,694 6.6227 2,461,880,866 298,256,309 6.8282 2,036,553,749 1,009,187 0.8509 858,747 956,756 0.8805 842,405 2,137,074,466 0.0007 1,576,432 3,527,015,281 0.0007 2,562,039 674,596 8.8065 5,940,806 9.7971 268,535 6.7139 1,802,917 604,244 6.1242 3,700,516 573,808,561 0.1507 86,472,950 262,472,463 0.1467 38,509,674 62,963 2.1366 134,528 171,359 1.9880 340,661 136,761,959 0.5321 72,764,200 71,368,168 0.5229 37,317,354 19,551 5.1989 101,644 5.5195 52,052,408 1.1231 58,460,059 19,298,535 1.1820 22,811,338 127,610 5.1191 653,246 1,421,567 4.8605 6,909,529 124,642 1.7943 223,651 88,002 1.8600 163,688 0.0444 1,068,371 0.0447 47,756 6,245,441,470 4,012,391,247 477,655 1.0000 477,655 457,522 1.0000 457,522 7,493,653 6.6227 49,628,214 912,681 6.8282 6,231,968 1.1231 170,891,489 1.1820 201,997,899 50,105,869 208,687,389 6,296,792,698 4,222,832,778 2010 12 31 49,628,2142009 12 31 208,229,867 1,600,048,4342009 12 31 1,829,017,640 76 134
2. 2010 12 31 2009 12 31 691,574,221 427,107,943 1,616,400 2,549,959 2010 12 31, 2010 12 31, 693,190,621 429,657,902 3. 3045 47% 2010 12 31 2009 12 31 1 3,691,999,509 3,808,257,495 1 2 21,099,885 21,343,799 2 3 21,208,859 5,697,181 3 7,923,520 2,439,510 3,742,231,773 3,837,737,985 281,480,269 92,190,621 3,460,751,504 3,745,547,364 2010 2009 92,190,621 53,308,614 196,442,441 88,211,220 (4,109,889) (49,326,498) (3,042,904) (2,715) 281,480,269 92,190,621 2010 135
3. 2010 2009 % % % % 3,206,058,266 86% 260,161,747 8% 3,373,779,393 88% 80,022,440 2% 1 496,995,585 13% 442,122,271 12% 1 2 17,689,712 1% 5,256,188 30% 13,699,630 4,109,889 30% 2 3 13,564,690 8,138,815 60% 5,697,181 5,618,782 99% 3 7,923,520 7,923,519 100% 2,439,510 2,439,510 100% 536,173,507 14% 21,318,522 463,958,592 12% 12,168,181 3,742,231,773 100% 281,480,269 8% 3,837,737,985 100% 92,190,621 2% 136
68,630,499 100% 528,233,255 100% 3. 2010 12 31 1,751,148,257 1 47% Global Petro Tech FZCO 492,003,151 1 13% ConocoPhillips 288,228,671 1 8% Atlantis Deepwater Orient Ltd. Atlantis Deepwater 151,909,553 1 4% 129,449,577 1 3% 2,812,739,209 75% 2009 12 31 1,874,789,040 1 50% ConocoPhillips 346,569,742 1 9% 257,469,184 1 7% Woodside Energy Ltd. 213,121,475 1 6% 153,617,620 1 4% 2,845,567,061 76% 53.63% 25,7632009 12 31 257,469,1842,111,287,1852009 12 31 2,176,095,649, 6 Atlantis Deepwater Atlantis Deepwater 261,357,807 1,730,894,349 2009 12 31 199,594,759 1,362,872,935 4. 2009 12 31 1 65,903,853 96% 354,732,697 67% 1-2 2,726,646 4% 173,500,558 33% 68,630,499 100% 528,233,255 100% 2010 137
4. 2010 12 31 5% 2009 12 31 2010 12 31 2010 15,998,180 2010 National Oilwell Varco, L.P. 9,786,696 2010 Marsh Brokers (Hong Kong) Limited 6,567,063 2010 Terasa-Star International 5,601,146 2010 Shipping Pte. Ltd. Storebrand liveforsikring As 5,162,421 2010 43,115,506 2009 298,097,500 2009 ROLLS-ROYCE MARINE (SHANGHAI) 156,649,546 2008 20 WARTSILA CHINA LTD. 16,851,012 2008 Parisco-Hull & Machinery 11,236,663 2009 4,872,089 2009 487,706,810 2009 12 31 298,097,500 6 138
5. 2010 23,754,415 195,363,353 (194,642,222) (28,306) 24,447,240 2009 16,391,075 226,273,351 (218,854,213) (55,798) 23,754,415 2010 12 31 2009 12 31 6. 2010 12 31 2009 12 31 1 434,308,591 376,829,748 1 2 30,960,338 16,479,579 2 3 4,358,639 1,275,165 3 2,939,198 1,870,361 472,566,766 396,454,853 39,887,642 7,331,282 432,679,124 389,123,571 2010 139
6. 2010 2009 7,331,282 2,787,662 45,166,314 8,269,455 (10,923,421) 3,725,835) (1,686,533) 39,887,642 7,331,282 2010 2009 % % % % 252,249,592 53% 32,809,765 13% 230,217,712 58% 1 207,925,559 44% 146,878,516 37% 1 2 5,093,778 1% 1,528,133 30% 16,479,579 4% 4,855,710 29% 2 3 4,358,639 1% 2,615,183 60% 1,008,685 605,211 60% 3 2,939,198 1% 2,934,561 100% 1,870,361 1% 1,870,361 100% 220,317,174 47% 7,077,877 166,237,141 42% 7,331,282 472,566,766 100% 39,887,642 8% 396,454,853 100% 7,331,282 2% 2010 12 31 Atlantis Deepwater 32,857,272 32,809,765 100% Altantis Deepwater 140
6. 2010 12 31 Premium Drilling AS ( Premium Drilling ) 95,785,387 20% Maersk Drilling Pty Ltd 93,721,761 20% 29,885,172 6% Atlantis Deepwater 32,857,272 7% 7,744,000 2% 259,993,592 55% 2009 12 31 Premium Drilling 147,177,452 37% Atlantis Deepwater 30,115,828 8% Maersk Drilling Pty Ltd 13,317,246 3% NOX fee 9,798,467 2% 9,311,897 2% 209,720,890 52% 2010 12 31 53.63% 1,314,6482009 12 31 1,983,532; 172,598,2702009 12 31 187,908,663 6 58,082,206 384,661,025 2009 12 31 50,415,629 344,247,996 2010 141
7. 2010 12 31 2009 12 31 832,933,446 837,313,028 17,393,501 16,764,482 815,539,945 820,548,546 2010 2009 16,764,482 15,693,817 629,019 1,070,665 17,393,501 16,764,482 8. 2010 12 31 2009 12 31 39,081,025 39,081,025 * 37,904,858 37,904,858 39,081,032 39,081,032 37,904,858 37,904,858 78,162,057 78,162,057 * CDE DnBNOR Eksportfinans 5.386%24 142
9. 2010 12 31 2009 12 31 1 136,339,684 140,792,296 136,339,684 121,511,262 19,281,034 1 2010 12 31 2009 12 31 18.5% 18.5% 140,366,447 140,366,447 (4,026,763) 425,849 136,339,684 121,511,262 19,281,034 2008 9 28 CDE Petrojack ASAPetrojack ASA CDE 140,366,4472010 3Petrojack ASA 136,339,684 17 2010 143
10. 2010 2009 a 4,640,000 61889612-8 1984 10 25 b 6,650,000 60055009 x 1983 11 30 c 2,000,000 60056885-5 1993 4 14 d 2,000,000 618834787 1984 5 10 e 1,720,790 600550081 1983 8 24 PT Tritunggal Sinergi Company Ltd. 700,000 ( PTTS ) 2004 12 30 Eastern Marine Services Ltd. 1,000,000 ( Eastern Marine ) 2006 3 10 f 5,000,000 79727432-3 2007 2 28 Atlantis Deepwater 1,000 2006 8 28 Premium Drilling 1 100,000 2005 6 144
10. a: b: Slick Line c: d: e: ROV f: DST 1 Premium DrillingPremium Drilling AS, Premium Drilling Inc Premium Drilling (Cayman) Ltd.. Premium Drilling 2005 6 COSL Drilling Europe AS Sinvest ASSinvest ASA CDEPremium Drilling 2009 5Premium Drilling (Cayman) Ltd. Premium Drilling Inc Premium Drilling (Cayman) Ltd. 2010 351,138,712 141,203,952 209,934,760 583,197,188 88,130,355 250,634,151 106,386,141 144,248,010 468,993,551 151,852,676 68,623,632 9,817,714 58,805,918 63,295,903 10,107,625 66,929,957 20,304,999 46,624,958 101,766,750 10,933,790 198,184,301 36,155,217 162,029,084 179,197,329 62,544,103 PTTS 1,822,259 29,096 1,793,163 (137,266) Eastern Marine 183,410,840 14,564,940 168,845,900 65,248,616 (108,382,531) 177,330,505 50,887,613 126,442,892 253,302,860 68,746,884 Atlantis Deepwater 55,170,552 227,114,909 (171,944,357) 1,795,676 (7,652,803) Premium Drilling 24,915,732 216,311,365 (191,395,633) (7,233,101) 2010 145
10. 2009 301,749,370 84,999,567 216,749,803 483,056,922 95,854,863 236,855,658 94,219,724 142,635,934 412,195,191 141,314,117 77,653,892 20,955,600 56,698,292 61,785,938 9,961,252 71,451,145 28,933,177 42,517,968 89,273,100 11,258,571 176,917,950 43,275,468 133,642,482 189,570,851 68,793,439 PTTS 2,014,555 26,317 1,988,238 (20,114) Eastern Marine 369,323,129 71,486,960 297,836,169 170,116,868 (10,554,061) 207,492,105 85,796,097 121,696,008 293,171,026 71,574,271 Atlantis Deepwater 60,310,617 234,812,317 (174,501,700) (197,993,495) Premium Drilling 242,185,520 430,667,534 (188,482,014) 68,347,551 (46,027,312) 11. 2010 12 31 2009 12 31 99,884 99,884 482,133,936 531,635,201 482,233,820 531,735,085 Atlantis Deepwater Technology holding AS ( ADTH ) 99,884 99,884 99,884 2010 12 31 146
11. 2010 % % 56,336,656 71,317,967 806,038 72,124,005 50% 50% (75,120,300) 3 25,170,585 130,049,883 (4,089,027) 125,960,856 60% 50% (56,967,240) 27,520,607 28,349,146 1,053,813 29,402,959 50% 50% (4,000,000) 10,167,012 21,258,984 2,053,495 23,312,479 50% 50% (3,413,400) 10,134,627 66,821,241 14,193,301 81,014,542 50% 50% (17,078,750) PTTS 3 3,186,453 1,093,531 (107,291) 986,240 55% 50% Eastern Marine 3 163,113,033 151,896,445 (65,785,036) 86,111,409 51% 50% (6,783,663) 19,352,250 60,848,004 2,373,442 63,221,446 50% 50% (32,000,000) Atlantis Deepwater 2 46,771,639 (1,347,211) 1,347,211 50% 50% Premium Drilling 1 24,644,100 (4,293,060) 4,293,060 50% 50% 386,396,962 531,635,201 (55,141,536) 5,640,271 482,133,936 (195,363,353) 1 2 3 CDE Premium Drilling Premium Drilling 2009 12 31 28 PTTS Eastern Marine 50% 33 2010 147
11. 2009 % % 56,336,656 85,573,661 (14,255,694) 71,317,967 50% 50% (63,536,010) 3 25,170,585 130,043,359 6,524 130,049,883 60% 50% (57,392,160) 27,520,607 33,384,495 (5,035,349) 28,349,146 50% 50% (10,200,000) 10,167,012 20,771,163 487,821 21,258,984 50% 50% (5,124,300) 10,134,627 42,155,083 24,666,158 66,821,241 50% 50% (9,713,937) PTTS 3 3,186,453 1,427,206 (333,675) 1,093,531 55% 50% Eastern Marine 3 163,113,033 198,066,424 (46,169,979) 151,896,445 51% 50% (41,806,944) 19,352,250 63,560,868 (2,712,864) 60,848,004 50% 50% (38,500,000) Atlantis Deepwater 2 46,771,639 14,466,847 (50,865,622) 36,398,775 50% 50% Premium Drilling 1 24,644,100 (21,835,846) 21,835,846 50% 50% 386,396,962 589,449,106 (116,048,526) 58,234,621 531,635,201 (226,273,351) 148
12. 2010 70,438,981 80,000 5,395,090 65,123,891 8,581,468,038 173,477,817 139,211,277 8,615,734,578 27,245,874,970 3,657,937,627 640,396,191 30,263,416,406 6,643,884,767 901,127,876 181,930,403 7,363,082,240 77,860,498 1,792,850 10,563,609 69,089,739 42,619,527,254 4,734,416,170 977,496,570 46,376,446,854 8,223,981 3,458,561 3,011,203 8,671,339 3,756,419,367 374,123,380 131,010,600 3,999,532,147 6,203,220,972 1,434,937,615 61,538,437 7,576,620,150 2,512,736,648 764,154,945 101,455,398 3,175,436,195 46,615,137 10,007,672 9,580,720 47,042,089 12,527,216,105 2,586,682,173 306,596,358 14,807,301,920 62,215,000 56,452,552 4,825,048,671 4,616,202,431 21,042,653,998 22,686,796,256 4,131,148,119 4,187,646,045 31,245,361 22,047,650 30,092,311,149 31,569,144,934 26,701,845 26,701,845 26,701,845 26,701,845 62,215,000 56,452,552 4,825,048,671 4,589,500,586 21,042,653,998 22,686,796,256 4,131,148,119 4,187,646,045 31,245,361 22,047,650 30,092,311,149 31,542,443,089 2010 149
12. 2009 39,088,867 32,017,767 667,653 70,438,981 6,827,843,462 1,978,119,131 224,494,555 8,581,468,038 23,001,543,087 5,302,557,676 1,058,225,793 27,245,874,970 5,617,358,739 1,154,241,700 127,715,672 6,643,884,767 70,760,528 10,881,763 3,781,793 77,860,498 35,556,594,683 8,477,818,037 1,414,885,466 42,619,527,254 6,455,813 2,088,719 320,551 8,223,981 3,647,480,223 316,125,933 207,186,789 3,756,419,367 5,773,759,849 1,327,819,475 898,358,352 6,203,220,972 1,951,462,077 678,061,516 116,786,945 2,512,736,648 40,229,087 7,513,685 1,127,635 46,615,137 11,419,387,049 2,331,609,328 1,223,780,272 12,527,216,105 32,633,054 62,215,000 3,180,363,239 4,825,048,671 17,227,783,238 21,042,653,998 3,665,896,662 4,131,148,119 30,531,441 31,245,361 24,137,207,634 30,092,311,149 32,633,054 62,215,000 3,180,363,239 4,825,048,671 17,227,783,238 21,042,653,998 3,665,896,662 4,131,148,119 30,531,441 31,245,361 24,137,207,634 30,092,311,149 150
12. 2010 2,586,682,1732009 2,331,609,328 2010 4,524,073,4762009 8,058,722,945 2010 12 317,084,830,702 150,592,339 20097,294,714,478 275,712,344 2010 12 31 2010 12 31 2010 12 31 2010 12 31 2010 12 31 COSL Power 1,835,596,177 235,014,212 (54,256,027) 1,546,325,938 2010 151
13. 1,191,167,378 1,191,167,378 200 1,173,104,118 1,173,104,118 12 750,230,117 750,230,117 375,914,955 375,914,955 26,744,882 26,744,882 Liftboat 17,536,695 17,536,695 10,174,308 10,174,308 ELIS 9,079,215 9,079,215 350 N5 COSL Pioneer 3,217,713,648 3,217,713,648 COSL Promoter 2,190,769,631 (364,248,500) 1,826,521,131 COSL Innovator 2,421,890,955 (430,475,500) 1,991,415,455 1,909,661,436 (145,699,400) 1,763,962,036 2,066,517,370 2,066,517,370 15,360,504,708 (940,423,400) 14,420,081,308 2009 12 31 272,511,574 272,511,574 200 1,513,527,628 1,513,527,628 12 186,506,661 186,506,661 129,117,795 129,117,795 71,131,964 71,131,964 Liftboat 679,210,800 679,210,800 49,693,196 49,693,196 ELIS 62,215,931 62,215,931 350 1,363,758,496 1,363,758,496 N5 146,878,750 146,878,750 COSL Pioneer 2,469,987,522 2,469,987,522 COSL Promoter 2,031,990,026 (375,551,000) 1,656,439,026 COSL Innovator 2,203,825,106 (443,833,000) 1,759,992,106 1,268,803,872 1,268,803,872 2,517,425,397 2,517,425,397 14,966,584,718 (819,384,000) 14,147,200,718 152
13. 2010 1,528,320,000 272,511,574 918,655,804 1,191,167,378 A 78% 200 2,982,472,000 1,513,527,628 992,073,206 (1,332,496,716) 1,173,104,118 84% 12 1,120,620,000 186,506,661 563,723,456 750,230,117 A 67% 768,320,000 129,117,795 246,797,160 375,914,955 A 49% 1,968,524,095 71,131,964 (22,435,134) (21,951,948) 26,744,882 A 89% Liftboat 698,910,000 679,210,800 (13,424,105) (648,250,000) 17,536,695 A 95% 151,670,000 49,693,196 103,554,712 (143,073,600) 10,174,308 75% ELIS 555,000,000 62,215,931 24,496,261 (77,632,977) 9,079,215 64% 350 2,938,200,000 1,363,758,496 8,129,820 (1,371,888,316) A 100% N5 146,878,750 (146,878,750) 100% COSL Pioneer 3,372,800,000 2,469,987,522 838,688,766 (90,962,640) 3,217,713,648 112% COSL Promoter 3,304,800,000 2,031,990,026 228,628,797 (69,849,192) 2,190,769,631 83% COSL Innovator 3,372,800,000 2,203,825,106 296,768,091 (78,702,242) 2,421,890,955 98% 3,311,350,000 1,268,803,872 689,327,836 (48,470,272) 1,909,661,436 55% 16,847,963,905 2,517,425,397 359,474,671 (781,901,169) (15,753,318) (12,728,211) 2,066,517,370 42,921,750,000 14,966,584,718 5,234,459,341 (4,524,073,476) (15,753,318) (12,728,211) (287,984,346) 15,360,504,708 2010 91,855,6402009 264,943,374 38 0.31% 2010 12 31CDE COSL InnovatorWilInnovator COSL Pioneer WilPioneer 5,639,604,603,26 2010 153