Summary
SLB Limited/NV (SLB) filed an 8-K on October 20, 2006, to report its Third Quarter 2006 financial results. The filing primarily announces the release of its Third Quarter 2006 Press Release and Supplemental Information, which are available on the company's investor relations website. These documents provide both GAAP and non-GAAP financial measures, offering investors a comprehensive view of the company's performance. Key non-GAAP measures discussed include Net Debt, Income from continuing operations before charges and credits, and Return on Capital Employed (ROCE). Management utilizes these non-GAAP metrics to offer a clearer perspective on operational trends and the value generated for capital providers, supplementing the standard GAAP financial reporting. Investors are advised to consider these non-GAAP measures in conjunction with, not as a replacement for, GAAP financial data.
Key Highlights
- 1SLB reported its Third Quarter 2006 financial results on October 20, 2006.
- 2The company released a Third Quarter 2006 Press Release and Supplemental Information, accessible on its investor relations website.
- 3The filing includes both Generally Accepted Accounting Principles (GAAP) and non-GAAP financial measures.
- 4Key non-GAAP measures disclosed include Net Debt, which is gross debt less cash and certain investments.
- 5Other non-GAAP metrics provided are Income from continuing operations before charges and credits, and Return on Capital Employed (ROCE).
- 6Management believes these non-GAAP measures offer enhanced insight into operational performance and trends.
- 7Investors should review these non-GAAP figures alongside GAAP results for a complete financial understanding.