8-K/AEarnings & ResultsExhibits & Filings

TechnipFMC plc 8-K/A Report, Financial Results (Feb 24, 2017)

Filed February 24, 2017For Securities:FTI

Summary

This 8-K filing from TechnipFMC plc (FTI), dated February 24, 2017, primarily announces the release of unaudited pro forma condensed combined financial information as of and for the year ended December 31, 2016. This information is crucial for investors as it presents the financial performance and position of the combined entity, TechnipFMC, following the merger. The filing incorporates by reference Exhibit 99.2, which contains this pro forma data, allowing investors to assess the expected financial impact and synergies of the newly formed company. Additionally, the report includes audited consolidated financial statements of FMCTI for the years ended December 31, 2016 and 2015, and for the three-year period ended December 31, 2016, as Exhibit 99.1. While these are historical statements for one of the pre-merger entities, they provide context and a basis for understanding the components that formed the combined company. Investors should carefully review both the historical FMCTI statements and the pro forma combined statements to gain a comprehensive understanding of TechnipFMC's financial standing and outlook.

Key Highlights

  • 1TechnipFMC plc released unaudited pro forma condensed combined financial information for the year ended December 31, 2016.
  • 2This pro forma information (Exhibit 99.2) reflects the financial position and performance of the combined entity post-merger.
  • 3The filing also includes audited consolidated financial statements for FMCTI as of December 31, 2016 and 2015, and for the three-year period ended December 31, 2016 (Exhibit 99.1).
  • 4These financial statements provide historical context for FMCTI, a key component of the combined TechnipFMC.
  • 5Investors can use this pro forma data to evaluate the financial impact and potential synergies of the merger.
  • 6The filing serves as a key disclosure for investors assessing the newly formed TechnipFMC entity.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce the release of unaudited pro forma condensed combined financial information for TechnipFMC as of and for the year ended December 31, 2016. It also includes the audited historical financial statements of FMCTI.

The pro forma financial information is crucial for investors as it presents a combined view of the newly formed TechnipFMC entity, reflecting the financial impact of the merger. It helps investors understand the expected financial performance and position of the combined company, including potential synergies and integration efficiencies.

The key exhibits referenced are Exhibit 99.1, which contains the audited consolidated financial statements of FMCTI for relevant periods, and Exhibit 99.2, which contains the unaudited pro forma condensed combined financial information for TechnipFMC.

No, this filing does not provide actual reported results for the combined TechnipFMC for the full year 2016. Instead, it provides unaudited pro forma condensed combined financial information, which is a hypothetical presentation of what the combined company's financial results might have looked like if the merger had occurred at an earlier date. The audited statements are for FMCTI only.