Financial information - Dana Gas

Dana Gas has a solid record of growth both in operational and financial terms across its business. Read a 5 year summary of our operational and financial performance

		2011	2010	2009	2008	2007
Production
Egypt	boepd		42,300	34,700	28,900	28,900
Iraq	boepd		13,200	7,500	2,000	0
TOTAL			55,500	42,200	30,900	28,900

Revenue	$MM		487	349	311	283
Royalties	$MM		(137)	(111)	(130)	(118)

Net revenue	$MM		350	238	181	165
Cost of sales	$MM		(33)	(33)	(28)	(16)
Depreciation and depletion	$MM		(104)	(86)	(82)	(66)

Gross Profit	$MM		213	119	71	83
Investment and finance income	$MM		8	10	40	10
Other income	$MM		3	331	27	1
Provision for impairments	$MM		(5)	(116)	0	0
Change in fair value of investment property	$MM		(2)	(71)	33	56
General and administartion expenses	$MM		(33)	(27)	(22)	(22)
Finance costs (net)	$MM		(56)	(55)	(72)	(42)
Exploration expenses	$MM		(13)	(119)	(6)	(10)

Profit for year before tax	$MM		115	72	71	76
Income tax expense	$MM		(72)	(48)	(38)	(46)

Profit for year	$MM		43	24	33	30

Other comprehensive income:
Gain on available-for-sale financial asset	$MM		32	101	0	0
Total comprehensive income for year	$MM		75	125	33	30

Non-current assets	$MM		2,752	2,642	2,531	2,262
Current assets	$MM		476	469	415	698
Total assets	$MM		3,228	3,111	2,946	2,960

Total Equity	$MM		2,174	2,099	1,971	1,939

Non-current liabilities	$MM		914	885	866	921
Current liabilities	$MM		140	127	109	100
Total liabilities	$MM		1,054	1,012	975	1,021

Total Equity and liabilities	$MM		3,228	3,111	2,946	2,960