Notes to the accounts
(Amounts in USD 1,000) |
Registered office |
Ownership and |
Revenue |
Net profit |
Share capital |
Book equity |
Cost price |
Book value |
Minority share |
Minority share |
Impairments |
|
Siem Offshore AS |
Kristiansand, Norway |
100% |
7,698 |
690 |
35 |
8,822 |
8,943 |
8,943 |
- |
- |
- |
|
Siem Offshore Invest AS |
Kristiansand, Norway |
100% |
10,327 |
-16,551 |
898 |
46,219 |
97,408 |
77,408 |
-978 |
1,353 |
- |
|
Siem Offshore Rederi AS |
Kristiansand, Norway |
100% |
132,315 |
-61,419 |
6,175 |
205,245 |
310,500 |
227,500 |
-17,873 |
-4,751 |
83,000 |
|
Siem Offshore Construction Vessels AS |
Kristiansand, Norway |
100% |
15,528 |
-4,770 |
4 |
-3,865 |
17,156 |
- |
- |
- |
17,156 |
|
Siem Offshore do Brasil SA |
Rio de Janeiro, Brazil |
100% |
29,415 |
-3,870 |
158,909 |
-41,762 |
106,368 |
30,000 |
- |
- |
78,105 |
|
Siem Offshore US Inc. |
Delaware, USA |
100% |
- |
-8 |
- |
5,287 |
- |
- |
- |
- |
- |
|
Siem AHTS Pool AS |
Kristiansand, Norway |
78% |
29,693 |
-94,206 |
139 |
235,483 |
275,825 |
238,825 |
-20,868 |
51,135 |
37,000 |
|
DSND Subsea Ltd |
London, England |
100% |
- |
-11 |
0 |
-227 |
18,352 |
- |
- |
- |
- |
|
Siem Offshore Services AS |
Kristiansand, Norway |
100% |
1,523 |
-1,226 |
18 |
-769 |
5,068 |
- |
- |
- |
5,068 |
|
Siem Offshore Management AS |
Kristiansand, Norway |
100% |
8,742 |
138 |
17 |
2,480 |
7,211 |
2,511 |
- |
- |
4,700 |
|
Siem Offshore Management (US) Inc |
Texas, USA |
100% |
108 |
26 |
1 |
272 |
1 |
1 |
- |
- |
- |
|
Siem Offshore US Holding AS |
Kristiansand, Norway |
100% |
- |
-4 |
5 |
86 |
961 |
961 |
- |
- |
- |
|
Siem Offshore Thiima AS |
Kristiansand, Norway |
100% |
- |
- |
4 |
4 |
4 |
4 |
- |
- |
- |
|
Siem Offshore Crewing (CI) Inc |
Cayman Islands |
100% |
296 |
269 |
50 |
1,834 |
50 |
50 |
- |
- |
- |
|
Total value recorded in the statements of financial position of the parent company |
459,108 |
847,848 |
586,204 |
-39,720 |
47,737 |
225,029 |
The above companies are owned by the Parent. In addition, the subsidiaries own the following companies:
Company |
Registered office |
Share and voting rights |
Consub Delaware LLC |
Delaware, USA |
100% |
Aracaju Serviços Auxiliares Ltda |
Rio de Janeiro, Brazil |
100% |
Siem Offshore Crewing AS |
Kristiansand, Norway |
100% |
Siem Pilot DA |
Stavanger, Norway |
100% |
Siem WIS AS |
Bergen, Norway |
60% |
Siem Offshore Maritime Personnel AS |
Kristiansand, Norway |
100% |
Siem Offshore Contractors GmbH |
Leer, Germany |
100% |
Siem Offshore Contractors EPS BV |
Glimmen, The Netherlands |
100% |
Overseas Drilling Ltd |
Groningen, The Netherlands |
100% |
Siem Offshore Canada Inc |
Halifax, Canada |
100% |
Siem Offshore Poland Sp.z.O.O |
Gdynia, Poland |
100% |
Siem Offshore Australia Pty Ltd |
Perth, Australia |
100% |
Siem Real Estate GmbH |
Leer, Germany |
100% |
Siem Offshore Contractors UK Ltd |
Aberdeen, UK |
100% |
Siem Offshore Ghana International AS |
Kristiansand, Norway |
51% |
Siem Offshore LLC |
Delaware, USA |
100% |
Secunda Holdings SLH |
Halifax, Canada |
100% |
Siem AHTS Pool Australia PTY LTD |
Perth, Australia |
100% |
Consub Defesa e Tecnologia SA was sold in 2017.