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Interim Reports

2012

2012 Interim Results

Santos reports $262 million net profit for the first half of 2012
Santos today announced a net profit of $262 million after tax for the half-year ended 30 June 2012.  The headline half-year result is lower than the corresponding period which included gains on asset sales of $246 million.

2011

2011 Interim Results

Santos reports 155% lift in half year net profit to $504 million
Santos today announced a net profit of $504 million after tax for the half year ended 30 June 2011, 155% higher than the previous first half.

2010

2010 Interim Results

Santos reports 94% lift in half year net profit to $198 million
Profit was up due to higher product prices and lower exploration expense. Santos successfully executed a $2 billion bilateral bank facility in July 2010.

2009

 2009 Interim Results

Santos reports $102 million net profit for the first half of 2009 
Continued delivery on LNG growth strategy.  Profit impacted by lower international oil prices.  Strong balance sheet to fund growth: $3.6 billion of cash.

2008

2008 Interim Results

Record Santos first half revenue
Product sales revenue up 14% to a first half record $1,384 million. EBITDAX up 6% to a first half record $1,032 million. Net profit after tax up 58% to $304 million. Underlying net profit after tax up 30% to $289 million. Operating cash flow up 30% to a first half record $699 million. Interim dividend up 10% to 22 cents per share fully franked.

2007

2007 Interim Results

Record Santos first half production
Production of 30.1 mmboe, a record for the company. Sales revenue of $1,215 million, impacted by the higher Australian dollar. EBITDAX of $964 million. Underlying net profit after tax of $305 million. Reported net profit after tax of $262 million. Interim dividend of 20 cents per share.

2006

2006 Interim Results

Record Santos first half result
Net profit after tax up 28% to a record $370 million. First half EBITDAX up 45% to $1.01 billion. Cash flow up 14% to a record $643 million. Interim dividend up 11% to 20 cents per share. Production up 9% to 28.7 mmboe. On target for 7% rise in full-year production to 60-61 mmboe.

2005

2005 Interim Results

Santos reports first half profit of $290 million
Record $290 million net profit after tax for the six months to 30 June 2005. Compares with net profit of $85 million in the first half of 2004. Cash flow from operating activities was up over 190% to $565 million.

2004

2004 Interim Results

Moomba incident affects Santos first half profit
Net profit after tax of $86.5 million due to January Moomba incident. Sales revenue fell to $590.5 million, partly offset by higher average oil and gas prices. Operating cash flow of $192.6 million but record half year capex of $390 million reflecting progress with growth projects.

2003

2003 Interim Results

Profit increases to $170 million before write-downs
Profit increased to $170 million before write-downs, up 2.2%. 6.4% rise in sales revenue to $716.0 million. Cash flow increased 35.6% to $421.7 million.

2002

2002 Interim Results

Exploration boost after solid opening half
After tax profit of $163 million. Operating cash flow (after interest and tax) of $299, up 17%. Exploration success (five out of six), program boosted to 17 wells in second half. Record production, up 4.5%. Record first half gas sales (108 PJ).

2001

2001 Interim Results

Quarter billion dollar interim profit
Record half year profit for the six months ended 30 June 2001 of $251.5 million, a 21.5% increase on the 2000 first half result of $207.0 million. This result reflects record first half sales revenue.

2000

2000 Interim Results

Record half year
Record earnings of $207 million, up 148%. Earnings per share up 147% to a record 34 cents. Operating cash flow up 80% to $440 million. Gearing (net debt to equity) down to 64.5% not withstanding significant acquisition activity.

1999

1999 Interim Results

Strong operational results
After tax profit for the 1999 first half of $83.6 million, $0.6 million below the 1998 first half result of $84.2 million.

1998

1998 Interim Results

Oil price reduction, mitigated by solid operational performance
After tax profit for the 1998 first half of $84.2 million, a decrease of 17.7% on the 1997 first half result of $102.3 million.

1997

1997 Interim Results

Increased production and higher product prices
After tax operating profit for the 1997 first half of $102.3 million, an increase of 15.5% on the 1996 first half result of $88.6 million.