Halliburton and its subsidiaries
Oi! | 10.03.2004 23:08 | Anti-militarism | Globalisation | Technology | World
Below is a complete(?) list of Halliburtons subsidiary companys which I found through http://whatreallyhappened.com . Not strictly news I know but...
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Copyright 2002 Disclosure Incorporated, All Rights Reserved.
HALLIBURTON CO
DISCLO COMPANY NUMBER: H070400000
TICKER SYMBOL: HAL EXCHANGE: NYS
3600 LINCOLN PLAZA
500 NORTH AKARD STREET
DALLAS, TX 752013391
214-978-2600
INCORPORATION: DE
COMPANY-NUMBER:
FORTUNE NUMBER: 0153
FORBES NUMBER: SA150; AS279; PR098; MV292
CUSIP NUMBER: 406216101
PRI-SIC: 1389
2ND-SIC: 1389, 1629
DESCRIPTION:
THE GROUP'S PRINCIPAL ACTIVITY IS TO PROVIDE A VARIETY OF SERVICES,
PRODUCTS, MAINTENANCE, ENGINEERING AND CONSTRUCTION TO ENERGY, INDUSTRIAL
AND GOVERNMENTAL CUSTOMERS. THE GROUP OPERATES THROUGH TWO SEGMENTS: ENERGY
SERVICES GROUP AND ENGINEERING AND CONSTRUCTION GROUP. THE ENERGY SERVICES
SEGMENT PROVIDES A WIDE RANGE OF DISCRETE SERVICES AND PRODUCTS, AS WELL AS
INTEGRATED SOLUTIONS TO CUSTOMERS FOR THE EXPLORATION, DEVELOPMENT AND
PRODUCTION OF OIL AND GAS. THE ENGINEERING AND CONSTRUCTION SEGMENT PROVIDES
ENGINEERING, PROCUREMENT, CONSTRUCTION, PROJECT MANAGEMENT AND FACILITIES
OPERATION AND MAINTENANCE FOR OIL AND GAS AND OTHER INDUSTRIAL AND
GOVERNMENTAL CUSTOMERS. DURING THE YEAR 2001, THE GROUP ACQUIRED MAGIC EARTH
INC AND PGS DATA MANAGEMENT. ENERGY SERVICES ACCOUNTED FOR 67% OF 2001
REVENUES AND ENGINEERING AND CONSTRUCTION SERVICES, 33%.
SHARE INFORMATION:
CURRENT OUTSTANDING SHARES (SOURCE: 10-Q 07/24/2002) 436,351,938
SHARES HELD BY OFFICERS AND DIRECTORS (SOURCE: PROXY) 2,987,183
SHAREHOLDERS (SOURCE: 10-K) 25,100
STOCK INFORMATION
LATEST TRADE DATE 08/23/2002
FOR WEEK ENDING 08/22/2002
VOLUME 2,476,000
HIGH (OR ASKED) 15.070
LOW (OR BID) 14.100
CLOSE (OR AVERAGE) 15.000
EARNINGS INFORMATION
FOR TWELVE-MONTHS ENDING 07/2002
EPS -0.360
PRICE/EARNINGS RATIO 41.667
OWNERSHIP:
FIDELITY MANAGEMENT & RESEARCH CORP, 8.57% (PRX 04-09-2002)
TYPE DATE(Q,M) OWNERS CHANGE (000S) HELD %OWN
INVEST. COS. 06/30/2002(Q) 0 0 0.00
INSTITUTIONS 06/30/2002(Q) 400 1,803 293,988 67.40
5% OWNERS 06/30/2002(M) 2 NA 59,763 13.71
INSIDERS 06/30/2002(M) 32 NA 2,509 0.57
DIVIDEND INFORMATION
INDICATED ANNUAL DIVIDEND 0.500
CURRENT DIVIDEND 0.1250
EX-DIVIDEND DATE 06/04/2002
RECORD DATE 06/06/2002
PAYABLE DATE 06/27/2002
PAYMENT METHOD U.S. Currency
PREVIOUS DIVIDEND 0.1250
EX-DIVIDEND DATE 02/26/2002
RECORD DATE 02/28/2002
PAYABLE DATE 03/21/2002
PAYMENT METHOD U.S. Currency
SUBSIDIARIES:
ABERDEEN CARGO HANDLING SERVICES LTD. (UNITED KINGDOM)
ACN 052 291 264 PTY
LTD. (AUSTRALIA)
ACN 005 585 795 PTY. LTD. (AUSTRALIA)
ACN 009 091 105 PTY
LTD. (AUSTRALIA)
ADUTE PTY LTD. (AUSTRALIA)
AL-RUSHAID TAYLOR DIVING LTD.
(SAUDI ARABIA)
AMERICAN THAI BARITE LTD. (THAILAND)
AOC AUSTRALIA PTY. LTD.
(AUSTRALIA)
AOC BROWN & ROOT CANADA LTD. (CANADA)
AOC CANADA LTD.
(CANADA)
AOC HOPKINSONS LTD. (UNITED KINGDOM)
AOC INTERNATIONAL LTD. (UNITED
KINGDOM)
AOC NIGERIA LTD. (NIGERIA)
AOC SERVICES LTD. (JERSEY)
AOC TECHNICAL
SERVICES LTD. (UNITED KINGDOM)
AOC TURBINE SERVICES LTD. (UNITED
KINGDOM)
AOC/WOOD OFFSHORE CONTRACTORS LTD. (UNITED KINGDOM)
AOCI NEW LTD.
(UNITED KINGDOM)
ARABIAN MINERALS & CHEMICALS LTD. (SAUDI ARABIA)
ARABIAN
PIPECOATING COMPANY LTD. (SAUDI ARABIA)
ARABIAN ROCKBITS & DRILLING TOOLS
COMPANY, LTD. (SAUDI ARABIA)
ARABIAN SHAW PIPECOATERS (THAILAND) LTD.
(THAILAND)
ARCTIC PACIFIC CONTRACTORS (UK) LTD. (UNITED KINGDOM)
ARCTIC
PACIFIC CONTRACTORS INTERNATIONAL, LLC (UNITED STATES)
AS-BUILT SOLUTIONS
LTD. (UNITED KINGDOM)
ASIA ENERGY SERVICES SDN. BHD. (MALAYSIA)
ASIA PACIFIC
CONTRACTING PTY LTD. (AUSTRALIA)
ASIA PACIFIC TRANSPORT FINANCE PTY LTD.
(AUSTRALIA)
ASIA PACIFIC TRANSPORT PTY LTD. (AUSTRALIA)
ASIAN MARINE
CONTRACTORS LTD. (MAURITIUS)
ATLANTIC MINERALS & PRODUCTS CORP. (UNITED
STATES)
AVA (U.K.) LTD. (UNITED KINGDOM)
AVA SARL (FRANCE)
AVALON FINANCIAL
SERVICES, LTD. (CAYMAN ISLANDS)
AWE PLC (UNITED KINGDOM)
AXELSON PUMP CO.
(UNITED STATES)
AXELSON-KUBAN LLC (CIS)
B&R-G5 INDUSTRIAL SERVICES
(PROPRIETARY) LTD. (SOUTH AFRICA)
B. THORNTON, LTD. (UNITED KINGDOM)
BAKHSH
KELLOGG SAUDI ARABIA LTD. (SAUDI ARABIA)
BAROID (FAR EAST) PTE. LTD.
(SINGAPORE)
BAROID (SAUDI ARABIA) LTD. (SAUDI ARABIA)
BAROID AUSTRALIA PTY.
LTD. (AUSTRALIA)
BAROID CARIBBEAN LTD. (CAYMAN ISLANDS)
BAROID CORP. (UNITED
KINGDOM)
BAROID DE VENEZUELA, SA (VENEZUELA)
BAROID DRILLING CHEMICAL
PRODUCTS LTD. (NIGERIA)
BAROID GMBH (GERMANY)
BAROID INTERNATIONAL, INC.
(UNITED STATES)
BAROID INTERNATIONAL TRADING CORP. (UNITED STATES)
BAROID
INTERNATIONAL, SPA (ITALY)
BAROID LTD. (UNITED KINGDOM)
BAROID NIGERIA, INC.
(UNITED STATES)
BAROID OF NIGERIA LTD. (NIGERIA)
BAROID PIGMINA INDUSTRIAL E
COMERCIAL LTDA (BRAZIL)
BAROID SARL (TUNISIA)
BAROID SALES EXPORT CORP.
(UNITED STATES)
BAROID SERVICES SDN. BHD. (MALAYSIA)
BAROID TECHNOLOGY, INC.
(UNITED STATES)
BAROID TRINIDAD SERVICES LTD. (TRINIDAD)
BAROID/VIDCO, LLC
(UNITED STATES)
BETEX BV (NETHERLANDS)
BHPE-KINHILL (INDIA) PRIVATE LTD.
(INDIA)
BITC HOLDINGS (US) LLC (UNITED STATES)
BITC (US) LLC (UNITED STATES)
BLUEFOIL LTD. (UNITED KINGDOM)
BONNY PROJECT MANAGEMENT COMPANY LTD. (UNITED
KINGDOM)
BRAMA BROWN & ROOT & MARSHALL AEROSPACE LTD. (UNITED
KINGDOM)
BREDERO PRICE BRASIL LTDA (BRAZIL)
BREDERO PRICE COATERS LTD.
(AUSTRALIA)
BREDERO PRICE COATERS (THAILAND) LTD. (THAILAND)
BREDERO PRICE
COLOMBIA BV (NETHERLANDS)
BREDERO PRICE CO. (UNITED STATES)
BREDERO PRICE
CUSTOM COATINGS LTD. (CYPRUS)
BREDERO PRICE DE MEXICO SA DE CV
(MEXICO)
BREDERO PRICE HOLDING BV (NETHERLANDS)
BREDERO PRICE INTERNATIONAL
BV (NETHERLANDS)
BREDERO PRICE ITALY SRL (ITALY)
BREDERO PRICE PIPECOATERS
(THAILAND) LTD. (THAILAND)
BREDERO PRICE PIPECOATERS BV
(NETHERLANDS)
BREDERO PRICE SERVICES LTD. (UNITED KINGDOM)
BREDERO-PRICE
SINGAPORE PTE LTD. (SINGAPORE)
BREDERO SHAW AUSTRALIA PTY. LTD.
(AUSTRALIA)
BREDERO-SHAW CO. (CANADA)
BREDERO-SHAW, INC. (UNITED
STATES)
BREDERO-SHAW, SL (SPAIN)
BREDERO-SHAW INTERNATIONAL LTD.
(BARBADOS)
BRESWATER MARINE CONTRACTING BV (NETHERLANDS)
BRITISH PLEUGER
SUBMERSIBLE PUMPS LTD. (UNITED KINGDOM)
BRITISH UNDERWATER ENGINEERING LTD.
(UNITED KINGDOM)
BROWN & ROOT (ASIA PACIFIC) PTE. LTD. (SINGAPORE)
BROWN &
ROOT (GULF) EC (BAHRAIN)
BROWN & ROOT (LABUAN) SENDIRIAN BERHAD
(MALAYSIA)
BROWN & ROOT (MALAYSIA) SDN. BHD. (MALAYSIA)
BROWN & ROOT
(OVERSEAS) LTD. (JERSEY)
BROWN & ROOT (S) PTE LTD. (SINGAPORE)
BROWN & ROOT
(SERVICES) LTD. (UNITED KINGDOM)
BROWN & ROOT-MURPHY, LLC (UNITED
STATES)
BROWN & ROOT AOC LTD. (UNITED KINGDOM)
BROWN & ROOT BANGLADESH LTD.
(UNITED KINGDOM)
BROWN & ROOT CAYMAN HOLDINGS, INC. (CAYMAN ISLANDS)
BROWN &
ROOT CONSTRUCTION (OVERSEAS) LTD. (UNITED KINGDOM)
BROWN & ROOT CONSTRUCTION
PTY LTD. (AUSTRALIA)
BROWN & ROOT EALING TECHNICAL SERVICES LTD. (UNITED
KINGDOM)
BROWN & ROOT ENERGY SERVICES (INDIA) PRIVATE LTD. (INDIA)
BROWN &
ROOT ENGINEERING SDN. BHD. (MALAYSIA)
BROWN & ROOT ESPANOLA, SA
(SPAIN)
BROWN & ROOT GEMSA, SA (VENEZUELA)
BROWN & ROOT HIGHLANDS
FABRICATORS LTD. (UNITED KINGDOM)
BROWN & ROOT INDUSTRIAL SERVICES
PHILIPPINES INC. (PHILIPPINES)
BROWN & ROOT INGENIEROS PETROLEROS DE
VENEZUELA, CA (VENEZUELA)
BROWN & ROOT INTERNATIONAL EASTERN, INC.
(PANAMA)
BROWN & ROOT INVESTMENTS (NO. 1) PTY LTD. (AUSTRALIA)
BROWN & ROOT
MAINTENANCE, INC. (PANAMA)
BROWN & ROOT MANAGEMENT LTD. (CANADA)
BROWN &
ROOT MID EAST LLC (OMAN)
BROWN & ROOT N.A. LTD. (BRITISH VIRGIN
ISLANDS)
BROWN & ROOT NIGERIA LTD. (NIGERIA)
BROWN & ROOT OPERATIONS PTY
LTD. (AUSTRALIA)
BROWN & ROOT PROJECTS LTD. (UNITED KINGDOM)
BROWN & ROOT
PROJECTS (NO. 1) PTY LTD. (AUSTRALIA)
BROWN & ROOT PROJECTS PTY LTD.
(AUSTRALIA)
BROWN & ROOT PTY. LTD. (AUSTRALIA)
BROWN & ROOT SAUDI LIMITED
CO. (SAUDI ARABIA)
BROWN & ROOT SERVICIOS INDUSTRIALES, INC. (PANAMA)
BROWN
& ROOT TECHNOLOGY (NO. 2) LTD. (UNITED KINGDOM)
BROWN & ROOT TECHNOLOGY LTD.
(UNITED KINGDOM)
BROWN & ROOT TOLL ROAD INVESTMENT PARTNERS, INC. (UNITED
STATES)
BROWN & ROOT, BOOZ-ALLEN LTD. (UNITED KINGDOM)
BUCHAN FABRICATIONS
LTD. (UNITED KINGDOM)
BUE SHIPS LTD. (UNITED KINGDOM)
CARIBBEAN NITROGEN
COMPANY LTD. (TRINIDAD)
CARIBBEAN NITROGEN COMPANY LTD. (TOBAGO)
CASPIAN
TRANSCO INC. (CAYMAN ISLANDS)
CCC CAYMAN, LTD. (CAYMAN ISLANDS)
CEBAR SDN.
BHD. (BRUNEI)
CEBO BOHRMATERIALEN GMBH (GERMANY)
CEBO CYPRUS LTD.
(CYPRUS)
CEBO HOLLAND BV (NETHERLANDS)
CEBO INTERNATIONAL BV
(NETHERLANDS)
CEBO MARINE BV (NETHERLANDS)
CEBO OFFSHORE SERVICES SDN. BHD.
(MALAYSIA)
CEBO U.K. LTD. (UNITED KINGDOM)
CHALFONT LTD.
(CYPRUS)
CHEMTRONICS, INC. (UNITED STATES)
CNOOC-OTIS WELL COMPLETION
SERVICES LTD. (CHINA)
COMBISA, S DE RL DE CV (MEXICO)
COMMERCIAL RESINS DE
MEXICO, SA DE CV (MEXICO)
COMPANIA DE SERVICIOS NMR, SA (ARGENTINA)
COMPANIA
TRANSANDINA DE EXPORTACION, INC. (UNITED STATES)
COMPRESSION COAT
INTERNATIONAL LTD.
CONKEL, S DE RL DE CV (MEXICO)
CONSORCIO CONTRINA LLC
(UNITED KINGDOM)
CONSTRUCTORA INDOLATINA, SA DE CV (MEXICO)
CONSTRUCTORES DE
VENEZUELA, BROWN & ROOT, INC., CA (VENEZUELA)
CYRIL LEA & ASSOCIATES LTD.
(UNITED KINGDOM)
DB STRATABIT GMBH (GERMANY)
DB STRATABIT LTD. (UNITED
KINGDOM)
DB STRATABIT PTE LTD. (SINGAPORE)
DB STRATABIT SDN. BHD. (MALAYSIA)
DDPS LTD. (UNITED KINGDOM)
D. HOLMES LTD. (UNITED KINGDOM)
DEVONPORT
ENGINEERING SERVICES LTD. (UNITED KINGDOM)
DEVONPORT MANAGEMENT LTD. (UNITED
KINGDOM)
DEVONPORT ROYAL DOCKYARD LTD. (UNITED KINGDOM)
DEVONPORT ROYAL
DOCKYARD PENSION TRUSTEES LTD. (UNITED KINGDOM)
DORHOLD LTD. (UNITED KINGDOM)
DRESSER (ALGERIA) INC. (UNITED STATES)
DRESSER AG (LIECHTENSTEIN)
DRESSER
ANSTALT (LIECHTENSTEIN)
DRESSER AUSTRALIA PTY. LTD. (AUSTRALIA)
DRESSER BV
(NETHERLANDS)
DRESSER CAMEROON SARL (CAMEROON)
DRESSER CASPIAN, INC. (UNITED
STATES)
DRESSER CONGO SARL (CONGO)
DRESSER CORP. (UNITED STATES)
DRESSER DEL
ECUADOR SA (ECUADOR)
DRESSER FAR EAST, INC. (UNITED STATES)
DRESSER FOREIGN
SALES CORPORATION LTD. (GUAM)
DRESSER HOLDING, INC. (UNITED STATES)
DRESSER
INDUSTRIA, SA (BOLIVIA)
DRESSER INDUSTRIES, INC. (UNITED STATES)
DRESSER
INDUSTRIES-RUS (CIS)
DRESSER INTERNATIONAL SALES CORP. (DELAWARE)
DRESSER
INVESTMENTS NV (NETHERLANDS ANTILLES)
DRESSER IRELAND FINANCE CO.
(IRELAND)
DRESSER KELLOGG ENERGY SERVICES (NIGERIA) LTD. (NIGERIA)
DRESSER
KELLOGG ENERGY SERVICES (S. AFRICA) (PROPRIETA. (SOUTH AFRICA)
DRESSER
KELLOGG ENERGY SERVICES CORP. (PANAMA)
DRESSER KELLOGG ENERGY SERVICES INC.
(UNITED STATES)
DRESSER KELLOGG ENERGY SERVICES LTD. (UNITED
KINGDOM)
DRESSER KELLOGG SOUTH AFRICA LTD. (UNITED STATES)
DRESSER MINERALS
INTERNATIONAL, INC. (TEXAS)
DRESSER OIL TOOLS ARABIA LIMITED CO. (SAUDIA
ARABIA)
DRESSER OIL TOOLS, INC. (UNITED STATES)
DRESSER OILFIELD GABON SARL
(GABON)
DRESSER OILFIELD OPERATIONS (NIGERIA) INC. (UNITED STATES)
DRESSER
OILFIELD SERVICES BV (NETHERLANDS)
DRESSER OILFIELD SERVICES, INC. (UNITED
STATES)
DRESSER SOUTH AFRICA (PROPRIETARY) LTD. (SOUTH AFRICA)
DRESSER
SOVIET ENGINEERING (CIS)
DRESSER U.K. LTD. (UNITED KINGDOM)
DRESSER U.K.
PENSIONS LTD. (UNITED KINGDOM)
DRESSER-SHAW CO. (CANADA)
DRILLING FLUIDS
TECHNOLOGY AS (NORWAY)
DS CONTROLS, RUSSIA (RUSSIA)
EMC NEDERLAND BV
(NETHERLANDS)
ENVENTURE GLOBAL TECHNOLOGY, LLC (UNITED STATES)
EUROPEAN
MARINE CONTRACTORS LTD. (UNITED KINGDOM)
EUROPEAN MARINE CONTRACTORS LLC
(UNITED STATES)
FANN INSTRUMENT CO. (UNITED STATES)
FARGO ENGINEERING CO.
(UNITED STATES)
FASTEX DEFENCE SERVICES LTD. (UNITED KINGDOM)
FASTFLOW
SERVICES LTD. (UNITED KINGDOM)
FASTTRAX LTD. (UNITED KINGDOM)
FREIGHT LINK
PTY LTD. (AUSTRALIA)
G&H MANAGEMENT LLC (UNITED STATES)
GAZDMD AVTOMATIKA
(CIS)
GB SUBWORK BV (NETHERLANDS)
GEARHART (UNITED KINGDOM) LTD. (UNITED
KINGDOM)
GEARHART WELL EVALUATION LTD. (UNITED KINGDOM)
GEOPHYSICAL SERVICE
EUROPE CO. LTD. (HUNGARY)
GEORGE STREET PARADE LTD. (UNITED
KINGDOM)
GEOSOURCE EPIG SERVICES COMPANY LTD. (SUDAN)
GEOSOURCE
INTERNATIONAL (NEDERLAND) BV (NETHERLANDS)
GLOBAL DRILLING SERVICES, INC.
(PANAMA)
GO TURKEY SA (ISLE OF NEVIS)
GRANHERNE, INC. (UNITED
STATES)
GRANHERNE & CO LLC (OMAN)
GRANHERNE (HOLDINGS) LTD. (UNITED KINGDOM)
GRANHERNE INFORMATION SYSTEMS LTD. (UNITED KINGDOM)
GRANHERNE INTERNATIONAL
(HOLDINGS) LTD. (UNITED KINGDOM)
GRANHERNE INTERNATIONAL LTD. (UNITED
KINGDOM)
GRANHERNE LTD. (UNITED KINGDOM)
GRANHERNE SDN. BHD.
(MALAYSIA)
GREEN SEA OPERATIONS AS (NORWAY)
GROVE TK LTD. (UNITED
KINGDOM)
HALLIBURTON (PROPRIETARY) LTD. (SOUTH AFRICA)
HALLIBURTON (U.K.)
LTD. (UNITED KINGDOM)
HALLIBURTON ACQUISITIONS LTD. (UNITED
KINGDOM)
HALLIBURTON AFFILIATES CORP. (UNITED STATES)
HALLIBURTON ARGENTINA
SA (ARGENTINA)
HALLIBURTON ARKHANGELSK, LTD. (RUSSIA)
HALLIBURTON AS (NORWAY)
HALLIBURTON AUSTRALIA PTY. LTD. (AUSTRALIA)
HALLIBURTON BV
(NETHERLANDS)
HALLIBURTON BROWN & ROOT INTERNATIONAL LTD. (UNITED
KINGDOM)
HALLIBURTON BROWN & ROOT LTD. (UNITED KINGDOM)
HALLIBURTON C.I.C.S.
INC. (CAYMAN ISLANDS)
HALLIBURTON CIMENTACAO LTDA (BRAZIL)
HALLIBURTON CO.
(UNITED STATES)
HALLIBURTON COMPANY AUSTRIA GMBH (AUSTRIA)
HALLIBURTON
COMPANY GERMANY GMBH (GERMANY)
HALLIBURTON COMPANY U.K. LTD. (UNITED KINGDOM)
HALLIBURTON CONSULTING SERVICES NIGERIA LTD. (NIGERIA)
HALLIBURTON DE
MEXICO, SA DE CV (MEXICO)
HALLIBURTON DEL AMAZONAS SA (PERU)
HALLIBURTON DEL
PERU SA (PERU)
HALLIBURTON DENMARK AS (DENMARK)
HALLIBURTON DH LTD. (UNITED
KINGDOM)
HALLIBURTON ENERGY DEVELOPMENT (KAZAKHSTAN) LTD. (CAYMAN
ISLANDS)
HALLIBURTON ENERGY DEVELOPMENT (KAZAKHSTAN), INC. (UNITED
STATES)
HALLIBURTON ENERGY DEVELOPMENT (NORTH SEA), INC. (UNITED
STATES)
HALLIBURTON ENERGY DEVELOPMENT LTD. (CAYMAN ISLANDS)
HALLIBURTON
ENERGY SERVICES (MALAYSIA) SDN. BHD. (MALAYSIA)
HALLIBURTON ENERGY SERVICES
LTD. (UNITED KINGDOM)
HALLIBURTON ENERGY SERVICES NIGERIA LTD.
(NIGERIA)
HALLIBURTON ENERGY SERVICES ROMANIA SRL (ROMANIA)
HALLIBURTON
ENERGY SERVICES, INC. (UNITED STATES)
HALLIBURTON EPC-22 HOLDINGS, S DE RL
DE CV (MEXICO)
HALLIBURTON EQUIPMENT COMPANY SAE (EGYPT)
HALLIBURTON
ESPANOLA SA (SPAIN)
HALLIBURTON FAR EAST PTE LTD. (SINGAPORE)
HALLIBURTON
GEODATA (OVERSEAS) LTD. (UNITED KINGDOM)
HALLIBURTON GEODATA LTD. (UNITED
KINGDOM)
HALLIBURTON GLOBAL, LTD. (CAYMAN ISLANDS)
HALLIBURTON GROUP CANADA
INC. (CANADA)
HALLIBURTON HOLDING BV (NETHERLANDS)
HALLIBURTON HOLDING
GERMANY GMBH (GERMANY)
HALLIBURTON HOLDINGS AUSTRALIA PTY. LTD.
(AUSTRALIA)
HALLIBURTON HOLDINGS LTD. (UNITED KINGDOM)
HALLIBURTON I CAYMAN,
LTD. (CAYMAN ISLANDS)
HALLIBURTON II CAYMAN, LTD. (CAYMAN
ISLANDS)
HALLIBURTON IMCO (CAMEROON) SARL (CAMEROON)
HALLIBURTON IMCO (GABON)
SARL (GABON)
HALLIBURTON INTERNATIONAL GMBH (AUSTRIA)
HALLIBURTON
INTERNATIONAL, INC. (UNITED STATES)
HALLIBURTON ITALIANA SPA
(ITALY)
HALLIBURTON KAZAKHSTAN OILFIELD SERVICES, LTD.
(KAZAKHSTAN)
HALLIBURTON KBR OPERATIONS PTY LTD. (AUSTRALIA)
HALLIBURTON KBR
PTY LTD. (AUSTRALIA)
HALLIBURTON KBR PRODUCTION SERVICES PTY LTD. (AUSTRALIA)
HALLIBURTON KBR WATER SERVICES PTY LTD. (AUSTRALIA)
HALLIBURTON LATIN
AMERICA SA (PANAMA)
HALLIBURTON LTD. (UNITED KINGDOM)
HALLIBURTON LOGGING
SERVICES (M) SDN. BHD. (MALAYSIA)
HALLIBURTON MANUFACTURING & SERVICES LTD.
(UNITED KINGDOM)
HALLIBURTON MANUFACTURING (SINGAPORE) PTE. LTD. (SINGAPORE)
HALLIBURTON MULTINATIONAL, INC. (UNITED STATES)
HALLIBURTON NEW ZEALAND LTD.
(NEW ZEALAND)
HALLIBURTON NIGERIA LTD. (NIGERIA)
HALLIBURTON NUS CORP.
(UNITED STATES)
HALLIBURTON OFFSHORE SERVICES, INC. (CAYMAN
ISLANDS)
HALLIBURTON OIL SERVICES VIETNAM LTD. (VIETNAM)
HALLIBURTON
OILFIELD SERVICES INDIA LTD. (INDIA)
HALLIBURTON OILFIELD SERVICES LTD.
(RUSSIA)
HALLIBURTON OPERATIONS NIGERIA LTD. (NIGERIA)
HALLIBURTON OVERSEAS
LTD. (CAYMAN ISLANDS)
HALLIBURTON PARTNERS CANADA LTD. (CANADA)
HALLIBURTON
PENSION TRUSTEE LTD. (UNITED KINGDOM)
HALLIBURTON PRODUCTS & SERVICES LTD.
(CAYMAN ISLANDS)
HALLIBURTON PRODUTOS LTDA (BRAZIL)
HALLIBURTON REAL ESTATE
SERVICES, INC. (UNITED STATES)
HALLIBURTON SAS (FRANCE)
HALLIBURTON S.C.,
INC. (UNITED STATES)
HALLIBURTON SAUDI LOGGING LLC (SAUDI
ARABIA)
HALLIBURTON SERVICES (MALAYSIA) SDN. BHD. (MALAYSIA)
HALLIBURTON
SERVICIOS (CHILE) LTDA (CHILE)
HALLIBURTON SERVICOS LTDA
(BRAZIL)
HALLIBURTON SINGAPORE PTE. LTD. (SINGAPORE)
HALLIBURTON TECHNICAL
SERVICES, INC. (UNITED STATES)
HALLIBURTON TESEL LTD. (UNITED
KINGDOM)
HALLIBURTON TRINIDAD LTD. (TRINIDAD)
HALLIBURTON TUNISIA (OFFSHORE)
LTD. (TUNISIA)
HALLIBURTON WEST AFRICA LTD. (CAYMAN ISLANDS)
HALLIBURTON
WORLDWIDE LTD. (CAYMAN ISLANDS)
HALLIBURTON WORLDWIDE SERVICES, INC. (UNITED
STATES)
HALLIBURTON Z, LTD. (CAYMAN ISLANDS)
HALLIBURTON-ATYRAU OIL & GAS
SERVICES (KAZAKHSTAN)
HALSON FINANCIAL SERVICES LTD. (CAYMAN ISLANDS)
HBR
(THAILAND) LTD. (THAILAND)
HBR ASIA CONTRACTORS LTD. (HONG KONG)
HBR ENERGY,
INC. (UNITED STATES)
HBR NL HOLDINGS, LLC
HED (INDONESIA), INC. (UNITED
STATES)
HGS ENTERPRISES INC. (PANAMA)
HGS LTD. (UNITED KINGDOM)
HLS INDIA
LTD. (INDIA)
HLS NIGERIA LTD. (NIGERIA)
HMB SUBWORK LTD. (UNITED
KINGDOM)
HOBBYMARKT CAPELLE BV (NETHERLANDS)
HOBBYMARKT CAPELLE DE MEXICO,
SA DE CV (MEXICO)
HOLMES BLOWERS LTD. (UNITED KINGDOM)
HOWARD HUMPHREYS &
PARTNERS LTD. (UNITED KINGDOM)
HOWARD HUMPHREYS (KENYA) LTD. (KENYA)
HOWARD
HUMPHREYS (TANZANIA) LTD. (TANZANIA)
HOWARD HUMPHREYS (UGANDA) LTD. (UGANDA)
HOWARD HUMPHREYS (ZIMBABWE) LTD. (UNITED KINGDOM)
HOWARD HUMPHREYS GROUP
LTD. (UNITED KINGDOM)
HOWARD HUMPHREYS LTD. (UNITED KINGDOM)
HOWARD
HUMPHREYS PROJECT MANAGEMENT (HK) LTD. (HONG KONG)
HOWARD HUMPHREYS PROJECT
MANAGEMENT LTD. (UNITED KINGDOM)
HUAMEI HALLIBURTON PETROLEUM TECHNICAL
SERVICE CO. LTD. (CHINA)
HUNTING-BRAE LTD. (UNITED KINGDOM)
ILEX
TECHNOLOGIES LTD. (UNITED KINGDOM)
INTEGRATED DOCUMATICS LTD. (UNITED
KINGDOM)
INTEGRATED POWER SERVICES PTY LTD. (AUSTRALIA)
INTERNATIONAL
ADMINISTRATIVE SERVICES, LTD. (CAYMAN ISLANDS)
INTERNATIONAL AUTOMATIVE
TECHNOLOGIES, LLC (UNITED STATES)
IPEM DEVELOPMENTS LTD. (UNITED
KINGDOM)
JET RESEARCH CENTER, INC. (UNITED STATES)
JET RESEARCH CORP.
(UNITED STATES)
KAPEQ TRADING LTD. (CYPRUS)
KBR CALEDONIA LTD. (UNITED
KINGDOM)
KBR DE MONTEREY SA DE CV (MEXICO)
KBR DEVELOPMENT CORP. (CAYMAN
ISLANDS)
KBR/TECHNIP, LLC (UNITED STATES)
KBRDC CNC (CAYMAN) LTD. (CAYMAN
ISLANDS)
KBRDC NITROGEN 2000 (CAYMAN) LTD. (CAYMAN ISLANDS)
KBRDC NITROGEN
2000 (ST. LUCIA) LTD. (ST. LUCIA)
K INTERNATIONAL ENGINEERS PTY LTD.
KELLOGG
(MALAYSIA) SDN. BHD. (MALAYSIA)
KELLOGG AFRICA GROWTH FUND INC. (UNITED
STATES)
KELLOGG BROWN & ROOT ALGERIA INC. (UNITED STATES)
KELLOGG BROWN &
ROOT CONSULTANCY (MALAYSIA) SDN. BHD. (MALAYSIA)
KELLOGG BROWN & ROOT
ENGINEERING CORP. (UNITED STATES)
KELLOGG BROWN & ROOT FAR EAST, INC.
(UNITED STATES)
KELLOGG BROWN & ROOT GMBH (GERMANY)
KELLOGG BROWN & ROOT,
INC. (UNITED STATES)
KELLOGG BROWN & ROOT INDIA LTD. (UNITED STATES)
KELLOGG
BROWN & ROOT INTERNATIONAL, INC. (DELAWARE)
KELLOGG BROWN & ROOT
INTERNATIONAL, INC. (PANAMA)
KELLOGG BROWN & ROOT LTD. (UNITED
KINGDOM)
KELLOGG CARDON, CA (VENEZUELA)
KELLOGG CHINA INC. (UNITED
STATES)
KELLOGG CHIYODA SERVICES LTD. (CAYMAN ISLANDS)
KELLOGG CONSTRUCTION
LTD. (UNITED KINGDOM)
KELLOGG FRANCE, SA (FRANCE)
KELLOGG INTERNATIONAL
SERVICES CORP. (UNITED STATES)
KELLOGG INTERNATIONAL SERVICES LTD. (CAYMAN
ISLANDS)
KELLOGG IRAN, INC. (UNITED STATES)
KELLOGG ISL LTD. (CAYMAN ISLANDS)
KELLOGG KOREA, INC. (UNITED STATES)
KELLOGG MALAYSIA, INC. (UNITED
STATES)
KELLOGG MEXICO, INC. (UNITED STATES)
KELLOGG MIDDLE EAST LTD.
(UNITED STATES)
KELLOGG OFFSHORE LTD. (UNITED KINGDOM)
KELLOGG OVERSEAS
CORP. (UNITED STATES)
KELLOGG PAN AMERICAN, CA (VENEZUELA)
KELLOGG PAN
AMERICAN CORP. (UNITED STATES)
KELLOGG SAUDI ARABIA LTD. (UNITED
STATES)
KELLOGG SERVICES, INC. (UNITED STATES)
KESTREL SUBSEA SYSTEMS LTD.
(UNITED KINGDOM)
KINHILL BUILDING INVESTIGATION PTY LTD. (AUSTRALIA)
KINHILL
HOLDINGS PTY LTD. (AUSTRALIA)
KINHILL INDIA PRIVATE LTD. (INDIA)
KINHILL
INVESTMENTS PTY LTD. (AUSTRALIA)
KINHILL PACIFIC PTY. LTD.
(AUSTRALIA)
KINHILL PAKISTAN (PRIVATE) LTD. (PAKISTAN)
KINHILL PNG LTD. (NEW
GUINEA)
KINHILL PTE LTD. (SINGAPORE)
KINHILL SAGRIC PTY LTD.
(AUSTRALIA)
KINHILL SUPERANNUATION NOMINEES PTY LTD. (AUSTRALIA)
KPA, SA DE
CV (MEXICO)
KRSA LTD. (UNITED KINGDOM)
KRW ENERGY SYSTEMS INC. (UNITED
STATES)
LANDMARK AMERICA LATINA, SA (PANAMA)
LANDMARK DE MEXICO, SA DE CV
(MEXICO)
LANDMARK EAME, LTD. (UNITED KINGDOM)
LANDMARK GRAPHICS COLOMBIA SA
(COLOMBIA)
LANDMARK GRAPHICS CORP. (UNITED STATES)
LANDMARK GRAPHICS DO
BRASIL LTDA (BRAZIL)
LANDMARK GRAPHICS EUROPE/AFRICA, INC. (UNITED
STATES)
LANDMARK GRAPHICS INTERNATIONAL, INC. (UNITED STATES)
LANDMARK
GRAPHICS (MALAYSIA) SDN. BHD. (MALAYSIA)
LANDMARK GRAPHICS (NIGERIA) LTD.
(NIGERIA)
LANDMARK GRAPHICS VENEZUELA CA (VENEZUELA)
LAUREL FINANCIAL
SERVICES BV (NETHERLANDS)
LAUT-AOC SDN. BHD. (BRUNEI)
LCL KNIGHTSBRIDGE LTD.
(UNITED KINGDOM)
LIAOHE HALLIBURTON FLOW MEASUREMENT CO. (CHINA)
LMK
RESOURCES (MAURITIUS)
LMK RESOURCES PAKISTAN (PVT.) LTD. (PAKISTAN)
LNG
SERVICOS E GESTAO DE PROJECTOS LTDA (PORTUGAL)
M. W. KELLOGG COMPANY LTD.
(CANADA)
M. W. KELLOGG CONSTRUCTORS INC. (UNITED STATES)
M. W. KELLOGG GROUP
LTD. (UNITED KINGDOM)
M. W. KELLOGG INTERNATIONAL LTD. (UNITED KINGDOM)
M.
W. KELLOGG LTD. (UNITED KINGDOM)
M. W. KELLOGG PENSIONS LTD. (UNITED KINGDOM)
M. W. KELLOGG TECHNOLOGY CO. (UNITED STATES)
MAGIC EARTH, INC. (UNITED
STATES)
MAGIC EARTH, LTD. (UNITED KINGDOM)
MANAGEMENT LOGISTICS, INC.
(UNITED STATES)
MANTENIMIENTO MARINO DE MEXICO, S DE RL DE CV
(MEXICO)
MAREND LTD. (UNITED KINGDOM)
MASHHOR WELL SERVICES SDN. BHD.
(BRUNEI)
MASONEILAN INTERNATIONAL, LLC (UNITED STATES)
MID-VALLEY, INC.
(UNITED STATES)
MIDDLE EAST TECHNOLOGIES, INC. (UNITED STATES)
MILLENNIUM
LINK LTD. (UNITED KINGDOM)
MONENCO OFFSHORE LTD. (CANADA)
MONO GROUP (UNITED
KINGDOM)
MONO GROUP PENSION TRUSTEES LTD. (UNITED KINGDOM)
MONO PUMPS
(AUSTRALIA) PTY. LTD. (AUSTRALIA)
MONO PUMPS (ENGINEERING) LTD. (UNITED
KINGDOM)
MONO PUMPS (MANFACTURING) LTD. (UNITED KINGDOM)
MONO PUMPS (NEW
ZEALAND) LTD. (NEW ZEALAND)
MONO PUMPS (U.K.) LTD. (UNITED KINGDOM)
MONO
PUMPS LTD. (UNITED KINGDOM)
MONOFLO, INC. (UNITED STATES)
MOROCCAN ENGINEERS
& CONSTRUCTORS (MOROCCO)
NEDERLANDS BEDRIJFSKLEDING SERVICE BV (NETHERLANDS)
NEW OCEAN CONTRACTORS LTD. (UNITED KINGDOM)
NIBOD MINES LTD. (NIGERIA)
NILE
OILFIELD ENGINEERING LTD. (SUDAN)
NL BAROID (CAMEROON) SARL (CAMEROON)
NL DO
BRAZIL LTDA (BRAZIL)
NL OVERSEAS SERVICE COMPANY LTD. (UNITED KINGDOM)
NORSK
MODIFIKAJON OG VEDLIKEHOLD SERVICE AS (NORWAY)
NORTH SEA ASSETS LTD. (UNITED
KINGDOM)
NUMALOG, LTD. (ISRAEL)
NUMAR UK LTD. (UNITED KINGDOM)
NUS OF
MARYLAND, INC. (UNITED STATES)
OGC INTERNATIONAL LTD. (UNITED
KINGDOM)
OILFIELD TELECOMMUNICATIONS, INC. (UNITED STATES)
OTIS ENGINEERING
ITALIANA SRL (ITALY)
OVERSEAS ADMINISTRATION SERVICES, LTD. (CAYMAN ISLANDS)
OVERSEAS MARINE LEASING CO. (UNITED STATES)
P.T. BAROID (INDONESIA)
P.T.
BREDERO PRICE (INDONESIA)
P.T. BROWN & ROOT (INDONESIA)
P.T. HALLIBURTON
DRILLING SYSTEMS (INDONESIA)
P.T. HALLIBURTON (INDONESIA)
P.T. HALLIBURTON
LOGGING SERVICES (INDONESIA)
P.T. INDOKOR SPERRY-SUN (INDONESIA)
P.T. JAYA
KINHILL ARKONIN (INDONESIA)
P.T. KINHILL (INDONESIA)
P.T. LANDMARK
CONCURRENT SOLUSI (INDONESIA)
P.T. NUMAR (INDONESIA)
P.T. SECURITY MULIA
(INDONESIA)
P.T. UDEMCO OTIS (INDONESIA)
PACE AS (NORWAY)
PALOAK LTD.
(UNITED KINGDOM)
PES FRANCE (FRANCE)
PES NETHERLANDS LTD. (UNITED
KINGDOM)
P.E.S. PETROQUIP LTD. (UNITED KINGDOM)
P.E.S. PETROSEAL LTD.
(UNITED KINGDOM)
P.E.S. PETROSERV LTD. (UNITED KINGDOM)
P.E.S. PETROSPEC
LTD. (UNITED KINGDOM)
PES TRUSTEES LTD. (UNITED KINGDOM)
PETROLEUM
ENGINEERING SERVICES (ITALIA) SRL (ITALY)
PETROLEUM ENGINEERING SERVICES
ASIA PTY. LTD. (AUSTRALIA)
PETROLEUM ENGINEERING SERVICES LTD. (UNITED
KINGDOM)
PETROLEUM ENGINEERING SERVICES NORGE AS (NORWAY)
PETROLEUM
INFORMATION & EQUIPMENT SERVICES PTE. LTD. (SINGAPORE)
PETROLEUM
MANUFACTURING SERVICES LTD. (UNITED KINGDOM)
PETRODATA AS
(NORWAY)
PETROLOGIC LTD. (UNITED KINGDOM)
PGS DATA MANAGEMENT (UK) LTD.
(UNITED KINGDOM)
PLANTATION LAND COMPANY, INC. (UNITED STATES)
POLINEX-CEKOP
SA (POLAND)
PROFESSIONAL RESOURCES, LTD. (BERMUDA)
PROPERTY & CASUALTY
INSURANCE, LTD. (U.S. UNITED STATES)
PROPERTY & CASUALTY INSURANCE, LTD.
(BERMUDA)
PULLMAN KELLOGG PLANT SERVICES ALGERIA, INC. (UNITED
STATES)
REZAYAT BROWN & ROOT SAUDI COMPANY LTD. (SAUDI ARABIA)
ROAD
MANAGEMENT CONSOLIDATED PLC (UNITED KINGDOM)
ROAD MANAGEMENT GROUP LTD.
(UNITED KINGDOM)
ROAD MANAGEMENT LTD. (UNITED KINGDOM)
ROAD MANAGEMENT
SERVICES (A13) HOLDINGS LTD. (UNITED KINGDOM)
ROAD MANAGEMENT SERVICES (A13)
PLC (UNITED KINGDOM)
ROAD MANAGEMENT SERVICES (GLOUCESTER) LTD. (UNITED
KINGDOM)
ROAD MANAGEMENT SERVICES (PETERBOROUGH) LTD. (UNITED
KINGDOM)
ROCKWATER (NORTH SEA) LTD. (UNITED KINGDOM)
ROCKWATER BV
(NETHERLANDS)
ROCKWATER CV (NETHERLANDS)
ROCKWATER HOLDINGS LTD. (UNITED
KINGDOM)
ROCKWATER LTD. (UNITED KINGDOM)
ROCKWATER OFFSHORE CONTRACTORS 2 BV
(NETHERLANDS)
ROTARY BROWN & ROOT PTE. LTD. (SINGAPORE)
SATTAHIP PIPECOATERS
LTD. (THAILAND)
SBR OFFSHORE LTD. (CANADA)
SCIENTIFIC & TECHNICAL COMPUTING
CENTRE PTY LTD. (AUSTRALIA)
SEAFORTH ENGINEERING LTD. (UNITED
KINGDOM)
SEAFORTH KINERGETICS LTD. (UNITED KINGDOM)
SEAFORTH MARINE SERVICES
LTD. (UNITED KINGDOM)
SEAFORTH MARITIME (HOLDINGS) LTD. (UNITED
KINGDOM)
SEAFORTH MARITIME LTD. (UNITED KINGDOM)
SECURITY DBS (MEM) EC
(BAHRAIN)
SECURITY DBS BV (NETHERLANDS)
SECURITY DBS ITALIA SRL
(ITALY)
SECURITY DBS SA (FRANCE)
SEMBROWN EQUIPMENT PTE LTD.
(SINGAPORE)
SEMI SUB SERVICES BV (NETHERLANDS)
SERVICE EMPLOYEES
INTERNATIONAL, INC. (CAYMAN ISLANDS)
SERVICIOS HALLIBURTON DE VENEZUELA, SA
(UNITED STATES)
SERVICIOS INDUSTRIALES WORTHINGTON, SA (VENEZUELA)
SERVICIOS
PROFESIONALES PETROLEROS, S DE RL DE CV (MEXICO)
SERVICIOS TECNICOS BROWN &
ROOT, SA (PANAMA)
SHAPADU ROCKWATER SDN. BHD. (MALAYSIA)
SHAW INDUSTRIES
PTY. LTD. (AUSTRALIA)
SHAW PIPE INDUSTRIES LTD. (CANADA)
SIAM BROWN & ROOT
LTD. (THAILAND)
SIF-ISOPIPE SA (FRANCE)
SINOKELLOGG ENGINEERING CO.
(CHINA)
SNAMPROGETTI NETHERLANDS, BV (NETHERLANDS)
SOCIEDAD ESPANOLA DE
BOMBAS Y MAQUINARIA SA (SPAIN)
SPERRY SUN SAUDIA COMPANY LTD. (SAUDI ARABIA)
SPERRY-SUN (U.K.) LTD. (UNITED KINGDOM)
SPERRY-SUN DE ECUADOR SA
(ECUADOR)
STRATA BIT LTD. (UNITED KINGDOM)
STRATAMODEL (BARBADOS) EXPORT
LTD. (BARBADOS)
STRATAMODEL (FSC) (BARBADOS)
STUDEBAKER-WORTHINGTON (U.K.)
LTD. (UNITED KINGDOM)
SUBSAHARA SERIVCES, INC. (UNITED STATES)
SUBSEA HMB
LTD. (UNITED KINGDOM)
SUB SEA OFFSHORE (B) BERHAD (BRUNEI)
SUB SEA OFFSHORE
(HOLDINGS) LTD. (UNITED KINGDOM)
SUB SEA OFFSHORE LTD. (UNITED KINGDOM)
SUB
SEA OFFSHORE PTE. LTD. (SINGAPORE)
SUB SEA OVERSEAS, INC. (PANAMA)
SUB SEA
WORLDWIDE, INC. (PANAMA)
SUBSEAKAT (MALAYSIA) SDN. BHD. (MALAYSIA)
SYMINGTON
WAYNE OVERSEAS, LTD. (CANADA)
T.K. VALVE HOLDINGS (UNITED KINGDOM)
TAYLOR
DIVING (SOUTH EAST ASIA) PTE. LTD. (SINGAPORE)
TAYLOR INTERNATIONAL DIVING
COMPANY, INC. (UNITED STATES)
TESEL HOLDINGS LTD. (UNITED KINGDOM)
THAI
PIPECOATERS LTD. (THAILAND)
ARAB GEOPHYSICAL EXPLORATION SERVICES CO. (LIBYA)
THERMOTITE AS (NORWAY)
THERMOTITE BRASIL LTDA (BRAZIL)
THERMOTITE SUBSEA
INSULATION, INC. (UNITED STATES)
THOMCO (NO. 2011) PTY LTD. (AUSTRALIA)
TRES
GAVIOTAS, SA DE CV (MEXICO)
TRI-CAN PERFORATORS LTD. (TRINIDAD)
TRICONOS
MINEROS SA (CHILE)
TSKJ-SERVICOS DE ENGENHARIA LTDA (PORTUGAL)
TSKJ II
CONSTRUCOES INTERNACIONAIS SOCIEDADE UNIPESSOAL LT. (PORTUGAL)
TSKJ NIGERIA
LTD. (NIGERIA)
UCAMAR SHIPPING & TRANSPORTATION COMPANY (CAYMAN) LT. (CAYMAN
ISLANDS)
UMC ENGINEERING SDN. BHD. (MALAYSIA)
UNIGLOBE ENGINEERING LTD.
(CYPRUS)
UNIVERSAL ENERGY SERVICES AKTIENGESELLSCHAFT
(LIECHTENSTEIN)
UNIVERSAL ENERGY SERVICES SRL (ITALY)
VACTOR INDUSTRIAL
POLLUTION (U.K.) LTD. (UNITED KINGDOM)
VOSNOC LTD. (CYPRUS)
W.T. LTD.
(UNITED KINGDOM)
WALBRIDGE BROWN & ROOT INTERNATIONAL LLC
OFFICERS (NAME/AGE/TITLE/REMUNERATION): (SOURCE: 10K)
BLURTON, JERRY H./ 57/ VICE PRESIDENT, TREASURER / NA
CARRIERE, MARGARET E./ 50/ VICE PRESIDENT / NA
COLEMAN, LESTER L./ 59/ EXECUTIVE VICE PRESIDENT, LEGAL COUNSEL
(PRX 04-09-2002) / $ 1,887,028
FOSHEE, DOUGLAS L./ 42/ EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER /
NA
HARL, ROBERT R./ 51/ SUBSIDIARY OFFICER (PRX 04-09-2002) / $ 1,548,913
HEINEMANN, ROBERT F./ 48/ VICE PRESIDENT, CHIEF TECHNOLOGY OFFICER / NA
HUFFMAN, ARTHUR D./ 49/ VICE PRESIDENT / NA
LESAR, DAVID J./ 48/ CHAIRMAN OF THE BOARD, CHIEF EXECUTIVE OFFICER,
PRESIDENT (PRX 04-09-2002) / $ 7,220,308
MORRIS, GARY V./ 48/ EXECUTIVE VICE PRESIDENT (PRX 04-09-2002) /
$ 2,101,458
MUCHMORE, R. CHARLES, JR./ 48/ VICE PRESIDENT, CONTROLLER / NA
HOWELL, WILLIAM R./ 66/ EXECUTIVE OFFICER, DIRECTOR (PRX 04-09-2002) / NA
HUNT, RAY L./ 58/ EXECUTIVE OFFICER, DIRECTOR (PRX 04-09-2002) / NA
KEITH, SUSAN S./ NA/ VICE PRESIDENT, SECRETARY (PRX 04-09-2002) / NA
ORTIZ, EDGAR J./ NA/ SUBSIDIARY OFFICER (PRX 04-09-2002) / $ 2,211,594
DIRECTORS/NOMINEES (NAME/AGE/TITLE/REMUNERATION): (SOURCE: PROXY 04/09/2002)
LESAR, DAVID J./ 48/ CHAIRMAN OF THE BOARD, CHIEF EXECUTIVE OFFICER,
PRESIDENT (10-Q 06-30-2002) / $ 7,220,308
CRANDALL, ROBERT L./ 66/ DIRECTOR (10-Q 06-30-2002) / NA
DERR, KENNETH T./ 65/ DIRECTOR (10-Q 06-30-2002) / NA
DI BONA, CHARLES JOSEPH/ 70/ DIRECTOR (10-Q 06-30-2002) / NA
EAGLEBURGER, LAWRENCE SIDNEY/ 71/ DIRECTOR (10-Q 06-30-2002) / NA
HOWELL, WILLIAM R./ 66/ EXECUTIVE OFFICER, DIRECTOR (10-Q 06-30-2002) / NA
HUNT, RAY L./ 58/ EXECUTIVE OFFICER, DIRECTOR (10-Q 06-30-2002) / NA
LEWIS, AYLWIN B./ 47/ DIRECTOR (10-Q 06-30-2002) / NA
MARTIN, J. LANDIS/ 56/ DIRECTOR (10-Q 06-30-2002) / NA
PRECOURT, JAY ANTHONY/ 64/ DIRECTOR (10-Q 06-30-2002) / NA
REED, DEBRA L./ 45/ DIRECTOR (10-Q 06-30-2002) / NA
SILAS, CECIL JESSE/ 69/ DIRECTOR (10-Q 06-30-2002) / NA
NUMBER OF EMPLOYEES: 85,000 (SOURCE: 10-K)
FISCAL YEAR END: 12/31
LATEST ANNUAL FINANCIAL DATE: 12/31/2001
LATEST QUARTERLY FINANCIAL DATE: 06/30/2002
AUDITOR INFORMATION:
AUDITOR CHANGE: KPMG PEAT MARWICK (8-K 04-17-2002)
AUDITOR: ARTHUR ANDERSEN & CO (SOURCE: 10-K)
AUDITOR'S REPORT: UNQUALIFIED
LEGAL COUNSEL: NA
STOCK TRANSFER AGENT: NA
SEGMENT DATA
(SOURCE: 10-K 12/31/2001) SALES OP INCOME
ENERGY SERVICES GROUP 8,722,000,000 1,015,000,000
ENGINEERING & CONSTRUCTION 4,324,000,000 143,000,000
FIVE YEAR SUMMARY
YEAR SALES NET INCOME EPS
2001 13,046,000,000 809,000,000 1.89
2000 11,944,000,000 501,000,000 1.13
1999 12,313,000,000 438,000,000 1.00
1998 14,504,000,000 -15,000,000 -0.03
1997 13,498,000,000 772,000,000 1.79
5-YEAR GROWTH RATE -0.8 1.1 1.3
ASSETS (in thousands)
FISCAL YEAR END 12/31/2001 12/31/2000 12/31/1999
CASH 290,000 231,000 466,000
MARKETABLE SECURITIES NA NA NA
RECEIVABLES 3,015,000 3,845,000 2,974,000
INVENTORIES 787,000 723,000 723,000
RAW MATERIALS NA NA NA
WORK IN PROGRESS NA NA NA
FINISHED GOODS NA NA NA
NOTES RECEIVABLE NA NA NA
OTHER CURRENT ASSETS 1,481,000 769,000 1,199,000
TOTAL CURRENT ASSETS 5,573,000 5,568,000 5,362,000
PROPERTY, PLANT & EQUIPMENT 2,669,000 2,410,000 2,390,000
ACCUMULATED DEPRECIATION NA NA NA
NET PROPERTY & EQUIPMENT 2,669,000 2,410,000 2,390,000
INVEST & ADVANCES TO SUBS 551,000 400,000 384,000
OTHER NON-CURRENT ASSETS NA 391,000 310,000
DEFERRED CHARGES 410,000 340,000 398,000
INTANGIBLES 720,000 597,000 505,000
DEPOSITS & OTHER ASSETS 1,043,000 397,000 290,000
TOTAL ASSETS 10,966,000 10,103,000 9,639,000
LIABILITIES (in thousands)
FISCAL YEAR END 12/31/2001 12/31/2000 12/31/1999
NOTES PAYABLE 44,000 1,570,000 939,000
ACCOUNTS PAYABLE 917,000 782,000 665,000
CURRENT LONG TERM DEBT 81,000 8,000 308,000
CURRENT CAPITAL LEASES NA NA NA
ACCRUED EXPENSES 357,000 273,000 206,000
INCOME TAXES 194,000 113,000 120,000
OTHER CURRENT LIABILITIES 1,315,000 1,080,000 795,000
TOTAL CURRENT LIABILITIES 2,908,000 3,826,000 3,033,000
MORTGAGES NA NA NA
DEFERRED CHARGES & INCOME NA NA NA
CONVERTIBLE DEBT NA NA NA
LONG TERM DEBT 1,403,000 1,049,000 1,056,000
NON-CURRENT CAPITAL LEASES NA NA NA
OTHER LONG TERM LIABILITIES 1,862,000 1,262,000 1,219,000
TOTAL LIABILITIES 6,173,000 6,137,000 5,308,000
MINORITY INTEREST 41,000 38,000 44,000
PREFERRED STOCK NA NA NA
COMMON STOCK NET 1,138,000 1,132,000 1,120,000
CAPITAL SURPLUS 298,000 259,000 68,000
RETAINED EARNINGS 4,327,000 3,733,000 3,453,000
TREASURY STOCK 688,000 845,000 99,000
OTHER LIABILITIES -323,000 -351,000 -255,000
SHAREHOLDERS' EQUITY 4,752,000 3,928,000 4,287,000
TOTAL LIABILITIES & NET WORTH 10,966,000 10,103,000 9,639,000
INCOME STATEMENT (in thousands)
FISCAL YEAR END 12/31/2001 12/31/2000 12/31/1999
NET SALES 12,939,000 11,856,000 12,214,000
COST OF GOODS 11,575,000 11,218,000 11,608,000
GROSS PROFIT 1,364,000 638,000 606,000
R & D EXPENDTURES NA NA NA
SELLING, GENERAL & ADMIN 387,000 352,000 351,000
INCOME BEFORE DEPREC & AMORT 977,000 286,000 255,000
DEPRECIATION & AMORTIZATION NA NA NA
NON-OPERATING INCOME 124,000 195,000 193,000
INTEREST EXPENSE 147,000 146,000 141,000
INCOME BEFORE TAX 954,000 335,000 307,000
PROVISION FOR INCOME TAXES 384,000 129,000 116,000
MINORITY INTEREST 19,000 18,000 17,000
INVESTMENT GAINS (LOSSES) NA NA NA
OTHER INCOME NA NA NA
NET INCOME BEFORE EX-ITEMS 551,000 188,000 174,000
EX-ITEM & DISCONTINUED OPNS 258,000 313,000 264,000
NET INCOME 809,000 501,000 438,000
OUTSTANDING SHARES 434,000 427,000 442,000
CASH FLOW STATEMENT (in thousands)
CASH FROM OPERATIONS 12/31/2001 12/31/2000 12/31/1999
NET INCOME (LOSS) 809,000 501,000 438,000
DEPRECIATION & AMORTIZATION NA 503,000 511,000
NET INC(DEC) IN ASSETS & LIABS 443,000 -593,000 -683,000
CASH FROM (USED IN) DISC OPS NA -313,000 -283,000
OTHER ADJUSTMENTS, NET -223,000 -155,000 -41,000
NET CASH FROM (USED IN) OPS 1,029,000 -57,000 -58,000
CASH FROM INVESTMENTS 12/31/2001 12/31/2000 12/31/1999
(INC) DEC PROP & PLANT -677,000 -369,000 -402,000
ACQ (DISP) OF SUBS OR OTH BUS -159,000 9,000 284,000
INC (DEC) IN INVESTMENTS -22,000 NA NA
OTHER CASH INFLOW (OUTFLOW) NA -51,000 11,000
NET CASH FROM (USED IN) INVESTING -858,000 -411,000 -107,000
CASH FROM FINANCING 12/31/2001 12/31/2000 12/31/1999
ISSUANCES OF EQUITY SHARES -7,000 -664,000 39,000
ISSUANCES (REPAYMENT) OF DEBT NA NA NA
INC (DEC) IN BANK, OTH BORROWINGS -1,116,000 321,000 377,000
DIVIDENDS, OTHER DISTRIBUTIONS -215,000 -221,000 -221,000
OTHER CASH INFLOW (OUTFLOW) 1,246,000 806,000 228,000
NET CASH FROM FINANCING -92,000 242,000 423,000
EFFECT OF EXCHG RATES ON CASH -20,000 -9,000 5,000
NET CHANGE CASH & EQUIVALENTS 59,000 -235,000 263,000
CASH & EQUIVS AT START OF YEAR 231,000 466,000 203,000
CASH & EQUIVS AT YEAR END 290,000 231,000 466,000
RATIO ANALYSIS
FISCAL YEAR END 12/31/2001 12/31/2000 12/31/1999
QUICK RATIO 1.14 1.07 1.13
CURRENT RATIO 1.92 1.46 1.77
SALES/CASH 44.62 51.32 26.21
SALES, GENERAL & ADMIN/SALES 0.03 0.03 0.03
RECEIVABLES TURNOVER 4.29 3.08 4.11
RECEIVABLES DAY SALES 83.89 116.75 87.66
INVENTORIES TURNOVER 16.44 16.40 16.89
INVENTORIES DAY SALES 21.90 21.95 21.31
NET SALES/WORKING CAPITAL 4.86 6.81 5.24
NET SALES/PLANT & EQUIPMENT 4.85 4.92 5.11
NET SALES/CURRENT ASSETS 2.32 2.13 2.28
NET SALES/TOTAL ASSETS 1.18 1.17 1.27
NET SALES/EMPLOYEES 152,224 127,484 118,583
TOTAL LIAB/TOTAL ASSETS 0.56 0.61 0.55
TOTAL LIAB/INVESTED CAPITAL 1.00 1.23 0.99
TOTAL LIAB/COMMON EQUITY 1.31 1.58 1.25
TIMES INTEREST EARNED 7.49 3.29 3.18
CURRENT DEBT/EQUITY 0.02 0.00 0.07
LONG TERM DEBT/EQUITY 0.30 0.27 0.25
TOTAL DEBT/EQUITY 0.31 0.27 0.32
TOTAL ASSETS/EQUITY 2.31 2.57 2.25
PRE-TAX INCOME/NET SALES 0.07 0.03 0.03
PRE-TAX INCOME/TOTAL ASSETS 0.09 0.03 0.03
PRE-TAX INCOME/INVESTED CAP 0.15 0.07 0.06
PRE-TAX INCOME/COMM EQUITY 0.20 0.09 0.07
NET INCOME/NET SALES 0.06 0.04 0.04
NET INCOME/TOTAL ASSETS 0.07 0.05 0.05
NET INCOME/INVESTED CAP 0.13 0.10 0.08
NET INCOME/COMMON EQUITY 0.17 0.13 0.10
R & D/NET SALES NA NA NA
R & D/NET INCOME NA NA NA
R & D/EMPLOYEES NA NA NA
QUARTERLY ASSETS (in thousands)
QUARTERLY REPORT FOR 06/30/2002 03/31/2002
CASH 383,000 266,000
MARKETABLE SECURITIES NA NA
RECEIVABLES 3,606,000 2,856,000
INVENTORIES 808,000 814,000
RAW MATERIALS NA NA
WORK IN PROGRESS NA NA
FINISHED GOODS NA NA
NOTES RECEIVABLE NA NA
OTHER CURRENT ASSETS 379,000 1,502,000
TOTAL CURRENT ASSETS 5,176,000 5,438,000
PROPERTY, PLANT & EQUIPMENT 2,692,000 2,757,000
ACCUMULATED DEPRECIATION NA NA
NET PROPERTY & EQUIPMENT 2,692,000 2,757,000
INVEST & ADVANCES TO SUBS NA 524,000
OTHER NON-CURRENT ASSETS NA NA
DEFERRED CHARGES 512,000 405,000
INTANGIBLES 725,000 720,000
DEPOSITS & OTHER ASSETS 2,882,000 1,036,000
TOTAL ASSETS 11,987,000 10,880,000
QUARTERLY LIABILITIES (in thousands)
QUARTERLY REPORT FOR 06/30/2002 03/31/2002
NOTES PAYABLE 66,000 6,000
ACCOUNTS PAYABLE 1,140,000 1,026,000
CURRENT LONG TERM DEBT 215,000 81,000
CURRENT CAPITAL LEASES NA NA
ACCRUED EXPENSES 492,000 306,000
INCOME TAXES 78,000 149,000
OTHER CURRENT LIABILITIES 996,000 1,142,000
TOTAL CURRENT LIABILITIES 2,987,000 2,710,000
MORTGAGES NA NA
DEFERRED CHARGES & INCOME NA NA
CONVERTIBLE DEBT NA NA
LONG TERM DEBT 1,264,000 1,402,000
NON-CURRENT CAPITAL LEASES NA NA
OTHER LONG TERM LIABILITIES 3,430,000 1,955,000
TOTAL LIABILITIES 7,681,000 6,067,000
MINORITY INTEREST 51,000 46,000
PREFERRED STOCK NA NA
COMMON STOCK NET 1,141,000 1,141,000
CAPITAL SURPLUS 296,000 313,000
RETAINED EARNINGS 3,742,000 4,294,000
TREASURY STOCK 635,000 662,000
OTHER LIABILITIES -289,000 -319,000
SHAREHOLDERS' EQUITY 4,255,000 4,767,000
TOTAL LIABILITIES & NET WORTH 11,987,000 10,880,000
QUARTERLY INCOME STATEMENT (in thousands)
QUARTERLY REPORT FOR 06/30/2002 03/31/2002
NET SALES 3,207,000 2,989,000
COST OF GOODS 3,482,000 2,939,000
GROSS PROFIT -275,000 50,000
R & D EXPENDTURES NA NA
SELLING, GENERAL & ADMIN 97,000 53,000
INCOME BEFORE DEPREC & AMORT -372,000 -3,000
DEPRECIATION & AMORTIZATION NA NA
NON-OPERATING INCOME -28,000 126,000
INTEREST EXPENSE 30,000 32,000
INCOME BEFORE TAX -430,000 91,000
PROVISION FOR INCOME TAXES -77,000 36,000
MINORITY INTEREST 5,000 5,000
INVESTMENT GAINS (LOSSES) NA NA
OTHER INCOME NA NA
NET INCOME BEFORE EX-ITEMS -358,000 50,000
EX-ITEM & DISCONTINUED OPNS -140,000 -28,000
NET INCOME -498,000 22,000
OUTSTANDING SHARES 436,000 435,000
COMMENTS:
NA
FINANCIAL FOOTNOTES:
(SOURCE 10-K)
The following text was taken directly from an EDGAR filing.
HALLIBURTON COMPANY Notes to Annual Financial Statements
Note 1. Significant Accounting Policies We employ accounting policies that are in accordance with accounting principles generally accepted in the United States of America. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect:
- the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at
the date of the financial statements; and
- the reported amounts of revenues and expenses during the
reporting period.
Ultimate results could differ from those estimates. Principles of consolidation. The consolidated financial statements include the accounts of our company and all of our subsidiaries in which we own greater than 50% interest or control. All material intercompany accounts and transactions are eliminated. Investments in companies in which we own 50% interest or less and have a significant influence are accounted for using the equity method and if we do not have significant influence we use the cost method. Prior year amounts have been reclassified to conform to the current year presentation. Revenues and income recognition. We recognize revenues as services are rendered or products are shipped. The distinction between services and product sales is based upon the overall activity of the particular business operation. Revenues from engineering and construction contracts are reported on the percentage of completion method of accounting using measurements of progress towards completion appropriate for the work performed. Progress is generally based upon physical progress, man-hours or costs incurred based upon the appropriate method for the type of job. All known or anticipated losses on contracts are provided for currently. Claims and change orders which are in the process of being negotiated with customers, for extra work or changes in the scope of work are, included in revenue when collection is deemed probable. Training and consulting service revenues are recognized as the services are performed. Sales of perpetual software licenses, net of deferred maintenance fees, are recorded as revenue upon shipment. Sales of use licenses are recognized as revenue over the license period. Post-contract customer support agreements are recorded as deferred revenues and recognized as revenue ratably over the contract period of generally one year's duration. Research and development. Research and development expenses are charged to income as incurred. See Note 4 for research and development expense by business segment. Software development costs. Costs of developing software for sale are charged to expense when incurred, as research and development, until technological feasibility has been established for the product. Once technological feasibility is established, software development costs are capitalized until the software is ready for general release to customers. We capitalized costs related to software developed for resale of $ 19 million in 2001, $ 7 million in 2000 and $ 12 million in 1999. Amortization expense of software development costs was $ 16 million for 2001, $ 12 million for 2000 and $ 15 million for 1999. Once the software is ready for release, amortization of the software development costs begins. Capitalized software development costs are amortized over periods which do not exceed five years. Income per share. Basic income per share is based on the weighted average number of common shares outstanding during the year. Diluted income per share includes additional common shares that would have been outstanding if potential common shares with a dilutive effect had been issued. See Note 10 for a reconciliation of basic and diluted income per share. Cash equivalents. We consider all highly liquid investments with an original maturity of three months or less to be cash equivalents. Receivables. Our receivables are generally not collateralized. With the exception of claims and change orders which are in the process of being negotiated with customers, unbilled work on uncompleted contracts generally represents work currently billable, and this work is usually billed during normal billing processes in the next several months. The claims and change orders, included in unbilled receivables, amounted to $ 234 million at December 31, 2001 and $ 113 million at December 31, 2000. Included in notes and accounts receivable are notes with varying interest rates totaling $ 19 million at December 31, 2001 and $ 38 million at December 31, 2000.
Inventories. Inventories are stated at the lower of cost or market. Cost represents invoice or production cost for new items and original cost less allowance for condition for used material returned to stock. Production cost includes material, labor and manufacturing overhead. The cost of most inventories is determined using ei
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Copyright 2002 Disclosure Incorporated, All Rights Reserved.
HALLIBURTON CO
DISCLO COMPANY NUMBER: H070400000
TICKER SYMBOL: HAL EXCHANGE: NYS
3600 LINCOLN PLAZA
500 NORTH AKARD STREET
DALLAS, TX 752013391
214-978-2600
INCORPORATION: DE
COMPANY-NUMBER:
FORTUNE NUMBER: 0153
FORBES NUMBER: SA150; AS279; PR098; MV292
CUSIP NUMBER: 406216101
PRI-SIC: 1389
2ND-SIC: 1389, 1629
DESCRIPTION:
THE GROUP'S PRINCIPAL ACTIVITY IS TO PROVIDE A VARIETY OF SERVICES,
PRODUCTS, MAINTENANCE, ENGINEERING AND CONSTRUCTION TO ENERGY, INDUSTRIAL
AND GOVERNMENTAL CUSTOMERS. THE GROUP OPERATES THROUGH TWO SEGMENTS: ENERGY
SERVICES GROUP AND ENGINEERING AND CONSTRUCTION GROUP. THE ENERGY SERVICES
SEGMENT PROVIDES A WIDE RANGE OF DISCRETE SERVICES AND PRODUCTS, AS WELL AS
INTEGRATED SOLUTIONS TO CUSTOMERS FOR THE EXPLORATION, DEVELOPMENT AND
PRODUCTION OF OIL AND GAS. THE ENGINEERING AND CONSTRUCTION SEGMENT PROVIDES
ENGINEERING, PROCUREMENT, CONSTRUCTION, PROJECT MANAGEMENT AND FACILITIES
OPERATION AND MAINTENANCE FOR OIL AND GAS AND OTHER INDUSTRIAL AND
GOVERNMENTAL CUSTOMERS. DURING THE YEAR 2001, THE GROUP ACQUIRED MAGIC EARTH
INC AND PGS DATA MANAGEMENT. ENERGY SERVICES ACCOUNTED FOR 67% OF 2001
REVENUES AND ENGINEERING AND CONSTRUCTION SERVICES, 33%.
SHARE INFORMATION:
CURRENT OUTSTANDING SHARES (SOURCE: 10-Q 07/24/2002) 436,351,938
SHARES HELD BY OFFICERS AND DIRECTORS (SOURCE: PROXY) 2,987,183
SHAREHOLDERS (SOURCE: 10-K) 25,100
STOCK INFORMATION
LATEST TRADE DATE 08/23/2002
FOR WEEK ENDING 08/22/2002
VOLUME 2,476,000
HIGH (OR ASKED) 15.070
LOW (OR BID) 14.100
CLOSE (OR AVERAGE) 15.000
EARNINGS INFORMATION
FOR TWELVE-MONTHS ENDING 07/2002
EPS -0.360
PRICE/EARNINGS RATIO 41.667
OWNERSHIP:
FIDELITY MANAGEMENT & RESEARCH CORP, 8.57% (PRX 04-09-2002)
TYPE DATE(Q,M) OWNERS CHANGE (000S) HELD %OWN
INVEST. COS. 06/30/2002(Q) 0 0 0.00
INSTITUTIONS 06/30/2002(Q) 400 1,803 293,988 67.40
5% OWNERS 06/30/2002(M) 2 NA 59,763 13.71
INSIDERS 06/30/2002(M) 32 NA 2,509 0.57
DIVIDEND INFORMATION
INDICATED ANNUAL DIVIDEND 0.500
CURRENT DIVIDEND 0.1250
EX-DIVIDEND DATE 06/04/2002
RECORD DATE 06/06/2002
PAYABLE DATE 06/27/2002
PAYMENT METHOD U.S. Currency
PREVIOUS DIVIDEND 0.1250
EX-DIVIDEND DATE 02/26/2002
RECORD DATE 02/28/2002
PAYABLE DATE 03/21/2002
PAYMENT METHOD U.S. Currency
SUBSIDIARIES:
ABERDEEN CARGO HANDLING SERVICES LTD. (UNITED KINGDOM)
ACN 052 291 264 PTY
LTD. (AUSTRALIA)
ACN 005 585 795 PTY. LTD. (AUSTRALIA)
ACN 009 091 105 PTY
LTD. (AUSTRALIA)
ADUTE PTY LTD. (AUSTRALIA)
AL-RUSHAID TAYLOR DIVING LTD.
(SAUDI ARABIA)
AMERICAN THAI BARITE LTD. (THAILAND)
AOC AUSTRALIA PTY. LTD.
(AUSTRALIA)
AOC BROWN & ROOT CANADA LTD. (CANADA)
AOC CANADA LTD.
(CANADA)
AOC HOPKINSONS LTD. (UNITED KINGDOM)
AOC INTERNATIONAL LTD. (UNITED
KINGDOM)
AOC NIGERIA LTD. (NIGERIA)
AOC SERVICES LTD. (JERSEY)
AOC TECHNICAL
SERVICES LTD. (UNITED KINGDOM)
AOC TURBINE SERVICES LTD. (UNITED
KINGDOM)
AOC/WOOD OFFSHORE CONTRACTORS LTD. (UNITED KINGDOM)
AOCI NEW LTD.
(UNITED KINGDOM)
ARABIAN MINERALS & CHEMICALS LTD. (SAUDI ARABIA)
ARABIAN
PIPECOATING COMPANY LTD. (SAUDI ARABIA)
ARABIAN ROCKBITS & DRILLING TOOLS
COMPANY, LTD. (SAUDI ARABIA)
ARABIAN SHAW PIPECOATERS (THAILAND) LTD.
(THAILAND)
ARCTIC PACIFIC CONTRACTORS (UK) LTD. (UNITED KINGDOM)
ARCTIC
PACIFIC CONTRACTORS INTERNATIONAL, LLC (UNITED STATES)
AS-BUILT SOLUTIONS
LTD. (UNITED KINGDOM)
ASIA ENERGY SERVICES SDN. BHD. (MALAYSIA)
ASIA PACIFIC
CONTRACTING PTY LTD. (AUSTRALIA)
ASIA PACIFIC TRANSPORT FINANCE PTY LTD.
(AUSTRALIA)
ASIA PACIFIC TRANSPORT PTY LTD. (AUSTRALIA)
ASIAN MARINE
CONTRACTORS LTD. (MAURITIUS)
ATLANTIC MINERALS & PRODUCTS CORP. (UNITED
STATES)
AVA (U.K.) LTD. (UNITED KINGDOM)
AVA SARL (FRANCE)
AVALON FINANCIAL
SERVICES, LTD. (CAYMAN ISLANDS)
AWE PLC (UNITED KINGDOM)
AXELSON PUMP CO.
(UNITED STATES)
AXELSON-KUBAN LLC (CIS)
B&R-G5 INDUSTRIAL SERVICES
(PROPRIETARY) LTD. (SOUTH AFRICA)
B. THORNTON, LTD. (UNITED KINGDOM)
BAKHSH
KELLOGG SAUDI ARABIA LTD. (SAUDI ARABIA)
BAROID (FAR EAST) PTE. LTD.
(SINGAPORE)
BAROID (SAUDI ARABIA) LTD. (SAUDI ARABIA)
BAROID AUSTRALIA PTY.
LTD. (AUSTRALIA)
BAROID CARIBBEAN LTD. (CAYMAN ISLANDS)
BAROID CORP. (UNITED
KINGDOM)
BAROID DE VENEZUELA, SA (VENEZUELA)
BAROID DRILLING CHEMICAL
PRODUCTS LTD. (NIGERIA)
BAROID GMBH (GERMANY)
BAROID INTERNATIONAL, INC.
(UNITED STATES)
BAROID INTERNATIONAL TRADING CORP. (UNITED STATES)
BAROID
INTERNATIONAL, SPA (ITALY)
BAROID LTD. (UNITED KINGDOM)
BAROID NIGERIA, INC.
(UNITED STATES)
BAROID OF NIGERIA LTD. (NIGERIA)
BAROID PIGMINA INDUSTRIAL E
COMERCIAL LTDA (BRAZIL)
BAROID SARL (TUNISIA)
BAROID SALES EXPORT CORP.
(UNITED STATES)
BAROID SERVICES SDN. BHD. (MALAYSIA)
BAROID TECHNOLOGY, INC.
(UNITED STATES)
BAROID TRINIDAD SERVICES LTD. (TRINIDAD)
BAROID/VIDCO, LLC
(UNITED STATES)
BETEX BV (NETHERLANDS)
BHPE-KINHILL (INDIA) PRIVATE LTD.
(INDIA)
BITC HOLDINGS (US) LLC (UNITED STATES)
BITC (US) LLC (UNITED STATES)
BLUEFOIL LTD. (UNITED KINGDOM)
BONNY PROJECT MANAGEMENT COMPANY LTD. (UNITED
KINGDOM)
BRAMA BROWN & ROOT & MARSHALL AEROSPACE LTD. (UNITED
KINGDOM)
BREDERO PRICE BRASIL LTDA (BRAZIL)
BREDERO PRICE COATERS LTD.
(AUSTRALIA)
BREDERO PRICE COATERS (THAILAND) LTD. (THAILAND)
BREDERO PRICE
COLOMBIA BV (NETHERLANDS)
BREDERO PRICE CO. (UNITED STATES)
BREDERO PRICE
CUSTOM COATINGS LTD. (CYPRUS)
BREDERO PRICE DE MEXICO SA DE CV
(MEXICO)
BREDERO PRICE HOLDING BV (NETHERLANDS)
BREDERO PRICE INTERNATIONAL
BV (NETHERLANDS)
BREDERO PRICE ITALY SRL (ITALY)
BREDERO PRICE PIPECOATERS
(THAILAND) LTD. (THAILAND)
BREDERO PRICE PIPECOATERS BV
(NETHERLANDS)
BREDERO PRICE SERVICES LTD. (UNITED KINGDOM)
BREDERO-PRICE
SINGAPORE PTE LTD. (SINGAPORE)
BREDERO SHAW AUSTRALIA PTY. LTD.
(AUSTRALIA)
BREDERO-SHAW CO. (CANADA)
BREDERO-SHAW, INC. (UNITED
STATES)
BREDERO-SHAW, SL (SPAIN)
BREDERO-SHAW INTERNATIONAL LTD.
(BARBADOS)
BRESWATER MARINE CONTRACTING BV (NETHERLANDS)
BRITISH PLEUGER
SUBMERSIBLE PUMPS LTD. (UNITED KINGDOM)
BRITISH UNDERWATER ENGINEERING LTD.
(UNITED KINGDOM)
BROWN & ROOT (ASIA PACIFIC) PTE. LTD. (SINGAPORE)
BROWN &
ROOT (GULF) EC (BAHRAIN)
BROWN & ROOT (LABUAN) SENDIRIAN BERHAD
(MALAYSIA)
BROWN & ROOT (MALAYSIA) SDN. BHD. (MALAYSIA)
BROWN & ROOT
(OVERSEAS) LTD. (JERSEY)
BROWN & ROOT (S) PTE LTD. (SINGAPORE)
BROWN & ROOT
(SERVICES) LTD. (UNITED KINGDOM)
BROWN & ROOT-MURPHY, LLC (UNITED
STATES)
BROWN & ROOT AOC LTD. (UNITED KINGDOM)
BROWN & ROOT BANGLADESH LTD.
(UNITED KINGDOM)
BROWN & ROOT CAYMAN HOLDINGS, INC. (CAYMAN ISLANDS)
BROWN &
ROOT CONSTRUCTION (OVERSEAS) LTD. (UNITED KINGDOM)
BROWN & ROOT CONSTRUCTION
PTY LTD. (AUSTRALIA)
BROWN & ROOT EALING TECHNICAL SERVICES LTD. (UNITED
KINGDOM)
BROWN & ROOT ENERGY SERVICES (INDIA) PRIVATE LTD. (INDIA)
BROWN &
ROOT ENGINEERING SDN. BHD. (MALAYSIA)
BROWN & ROOT ESPANOLA, SA
(SPAIN)
BROWN & ROOT GEMSA, SA (VENEZUELA)
BROWN & ROOT HIGHLANDS
FABRICATORS LTD. (UNITED KINGDOM)
BROWN & ROOT INDUSTRIAL SERVICES
PHILIPPINES INC. (PHILIPPINES)
BROWN & ROOT INGENIEROS PETROLEROS DE
VENEZUELA, CA (VENEZUELA)
BROWN & ROOT INTERNATIONAL EASTERN, INC.
(PANAMA)
BROWN & ROOT INVESTMENTS (NO. 1) PTY LTD. (AUSTRALIA)
BROWN & ROOT
MAINTENANCE, INC. (PANAMA)
BROWN & ROOT MANAGEMENT LTD. (CANADA)
BROWN &
ROOT MID EAST LLC (OMAN)
BROWN & ROOT N.A. LTD. (BRITISH VIRGIN
ISLANDS)
BROWN & ROOT NIGERIA LTD. (NIGERIA)
BROWN & ROOT OPERATIONS PTY
LTD. (AUSTRALIA)
BROWN & ROOT PROJECTS LTD. (UNITED KINGDOM)
BROWN & ROOT
PROJECTS (NO. 1) PTY LTD. (AUSTRALIA)
BROWN & ROOT PROJECTS PTY LTD.
(AUSTRALIA)
BROWN & ROOT PTY. LTD. (AUSTRALIA)
BROWN & ROOT SAUDI LIMITED
CO. (SAUDI ARABIA)
BROWN & ROOT SERVICIOS INDUSTRIALES, INC. (PANAMA)
BROWN
& ROOT TECHNOLOGY (NO. 2) LTD. (UNITED KINGDOM)
BROWN & ROOT TECHNOLOGY LTD.
(UNITED KINGDOM)
BROWN & ROOT TOLL ROAD INVESTMENT PARTNERS, INC. (UNITED
STATES)
BROWN & ROOT, BOOZ-ALLEN LTD. (UNITED KINGDOM)
BUCHAN FABRICATIONS
LTD. (UNITED KINGDOM)
BUE SHIPS LTD. (UNITED KINGDOM)
CARIBBEAN NITROGEN
COMPANY LTD. (TRINIDAD)
CARIBBEAN NITROGEN COMPANY LTD. (TOBAGO)
CASPIAN
TRANSCO INC. (CAYMAN ISLANDS)
CCC CAYMAN, LTD. (CAYMAN ISLANDS)
CEBAR SDN.
BHD. (BRUNEI)
CEBO BOHRMATERIALEN GMBH (GERMANY)
CEBO CYPRUS LTD.
(CYPRUS)
CEBO HOLLAND BV (NETHERLANDS)
CEBO INTERNATIONAL BV
(NETHERLANDS)
CEBO MARINE BV (NETHERLANDS)
CEBO OFFSHORE SERVICES SDN. BHD.
(MALAYSIA)
CEBO U.K. LTD. (UNITED KINGDOM)
CHALFONT LTD.
(CYPRUS)
CHEMTRONICS, INC. (UNITED STATES)
CNOOC-OTIS WELL COMPLETION
SERVICES LTD. (CHINA)
COMBISA, S DE RL DE CV (MEXICO)
COMMERCIAL RESINS DE
MEXICO, SA DE CV (MEXICO)
COMPANIA DE SERVICIOS NMR, SA (ARGENTINA)
COMPANIA
TRANSANDINA DE EXPORTACION, INC. (UNITED STATES)
COMPRESSION COAT
INTERNATIONAL LTD.
CONKEL, S DE RL DE CV (MEXICO)
CONSORCIO CONTRINA LLC
(UNITED KINGDOM)
CONSTRUCTORA INDOLATINA, SA DE CV (MEXICO)
CONSTRUCTORES DE
VENEZUELA, BROWN & ROOT, INC., CA (VENEZUELA)
CYRIL LEA & ASSOCIATES LTD.
(UNITED KINGDOM)
DB STRATABIT GMBH (GERMANY)
DB STRATABIT LTD. (UNITED
KINGDOM)
DB STRATABIT PTE LTD. (SINGAPORE)
DB STRATABIT SDN. BHD. (MALAYSIA)
DDPS LTD. (UNITED KINGDOM)
D. HOLMES LTD. (UNITED KINGDOM)
DEVONPORT
ENGINEERING SERVICES LTD. (UNITED KINGDOM)
DEVONPORT MANAGEMENT LTD. (UNITED
KINGDOM)
DEVONPORT ROYAL DOCKYARD LTD. (UNITED KINGDOM)
DEVONPORT ROYAL
DOCKYARD PENSION TRUSTEES LTD. (UNITED KINGDOM)
DORHOLD LTD. (UNITED KINGDOM)
DRESSER (ALGERIA) INC. (UNITED STATES)
DRESSER AG (LIECHTENSTEIN)
DRESSER
ANSTALT (LIECHTENSTEIN)
DRESSER AUSTRALIA PTY. LTD. (AUSTRALIA)
DRESSER BV
(NETHERLANDS)
DRESSER CAMEROON SARL (CAMEROON)
DRESSER CASPIAN, INC. (UNITED
STATES)
DRESSER CONGO SARL (CONGO)
DRESSER CORP. (UNITED STATES)
DRESSER DEL
ECUADOR SA (ECUADOR)
DRESSER FAR EAST, INC. (UNITED STATES)
DRESSER FOREIGN
SALES CORPORATION LTD. (GUAM)
DRESSER HOLDING, INC. (UNITED STATES)
DRESSER
INDUSTRIA, SA (BOLIVIA)
DRESSER INDUSTRIES, INC. (UNITED STATES)
DRESSER
INDUSTRIES-RUS (CIS)
DRESSER INTERNATIONAL SALES CORP. (DELAWARE)
DRESSER
INVESTMENTS NV (NETHERLANDS ANTILLES)
DRESSER IRELAND FINANCE CO.
(IRELAND)
DRESSER KELLOGG ENERGY SERVICES (NIGERIA) LTD. (NIGERIA)
DRESSER
KELLOGG ENERGY SERVICES (S. AFRICA) (PROPRIETA. (SOUTH AFRICA)
DRESSER
KELLOGG ENERGY SERVICES CORP. (PANAMA)
DRESSER KELLOGG ENERGY SERVICES INC.
(UNITED STATES)
DRESSER KELLOGG ENERGY SERVICES LTD. (UNITED
KINGDOM)
DRESSER KELLOGG SOUTH AFRICA LTD. (UNITED STATES)
DRESSER MINERALS
INTERNATIONAL, INC. (TEXAS)
DRESSER OIL TOOLS ARABIA LIMITED CO. (SAUDIA
ARABIA)
DRESSER OIL TOOLS, INC. (UNITED STATES)
DRESSER OILFIELD GABON SARL
(GABON)
DRESSER OILFIELD OPERATIONS (NIGERIA) INC. (UNITED STATES)
DRESSER
OILFIELD SERVICES BV (NETHERLANDS)
DRESSER OILFIELD SERVICES, INC. (UNITED
STATES)
DRESSER SOUTH AFRICA (PROPRIETARY) LTD. (SOUTH AFRICA)
DRESSER
SOVIET ENGINEERING (CIS)
DRESSER U.K. LTD. (UNITED KINGDOM)
DRESSER U.K.
PENSIONS LTD. (UNITED KINGDOM)
DRESSER-SHAW CO. (CANADA)
DRILLING FLUIDS
TECHNOLOGY AS (NORWAY)
DS CONTROLS, RUSSIA (RUSSIA)
EMC NEDERLAND BV
(NETHERLANDS)
ENVENTURE GLOBAL TECHNOLOGY, LLC (UNITED STATES)
EUROPEAN
MARINE CONTRACTORS LTD. (UNITED KINGDOM)
EUROPEAN MARINE CONTRACTORS LLC
(UNITED STATES)
FANN INSTRUMENT CO. (UNITED STATES)
FARGO ENGINEERING CO.
(UNITED STATES)
FASTEX DEFENCE SERVICES LTD. (UNITED KINGDOM)
FASTFLOW
SERVICES LTD. (UNITED KINGDOM)
FASTTRAX LTD. (UNITED KINGDOM)
FREIGHT LINK
PTY LTD. (AUSTRALIA)
G&H MANAGEMENT LLC (UNITED STATES)
GAZDMD AVTOMATIKA
(CIS)
GB SUBWORK BV (NETHERLANDS)
GEARHART (UNITED KINGDOM) LTD. (UNITED
KINGDOM)
GEARHART WELL EVALUATION LTD. (UNITED KINGDOM)
GEOPHYSICAL SERVICE
EUROPE CO. LTD. (HUNGARY)
GEORGE STREET PARADE LTD. (UNITED
KINGDOM)
GEOSOURCE EPIG SERVICES COMPANY LTD. (SUDAN)
GEOSOURCE
INTERNATIONAL (NEDERLAND) BV (NETHERLANDS)
GLOBAL DRILLING SERVICES, INC.
(PANAMA)
GO TURKEY SA (ISLE OF NEVIS)
GRANHERNE, INC. (UNITED
STATES)
GRANHERNE & CO LLC (OMAN)
GRANHERNE (HOLDINGS) LTD. (UNITED KINGDOM)
GRANHERNE INFORMATION SYSTEMS LTD. (UNITED KINGDOM)
GRANHERNE INTERNATIONAL
(HOLDINGS) LTD. (UNITED KINGDOM)
GRANHERNE INTERNATIONAL LTD. (UNITED
KINGDOM)
GRANHERNE LTD. (UNITED KINGDOM)
GRANHERNE SDN. BHD.
(MALAYSIA)
GREEN SEA OPERATIONS AS (NORWAY)
GROVE TK LTD. (UNITED
KINGDOM)
HALLIBURTON (PROPRIETARY) LTD. (SOUTH AFRICA)
HALLIBURTON (U.K.)
LTD. (UNITED KINGDOM)
HALLIBURTON ACQUISITIONS LTD. (UNITED
KINGDOM)
HALLIBURTON AFFILIATES CORP. (UNITED STATES)
HALLIBURTON ARGENTINA
SA (ARGENTINA)
HALLIBURTON ARKHANGELSK, LTD. (RUSSIA)
HALLIBURTON AS (NORWAY)
HALLIBURTON AUSTRALIA PTY. LTD. (AUSTRALIA)
HALLIBURTON BV
(NETHERLANDS)
HALLIBURTON BROWN & ROOT INTERNATIONAL LTD. (UNITED
KINGDOM)
HALLIBURTON BROWN & ROOT LTD. (UNITED KINGDOM)
HALLIBURTON C.I.C.S.
INC. (CAYMAN ISLANDS)
HALLIBURTON CIMENTACAO LTDA (BRAZIL)
HALLIBURTON CO.
(UNITED STATES)
HALLIBURTON COMPANY AUSTRIA GMBH (AUSTRIA)
HALLIBURTON
COMPANY GERMANY GMBH (GERMANY)
HALLIBURTON COMPANY U.K. LTD. (UNITED KINGDOM)
HALLIBURTON CONSULTING SERVICES NIGERIA LTD. (NIGERIA)
HALLIBURTON DE
MEXICO, SA DE CV (MEXICO)
HALLIBURTON DEL AMAZONAS SA (PERU)
HALLIBURTON DEL
PERU SA (PERU)
HALLIBURTON DENMARK AS (DENMARK)
HALLIBURTON DH LTD. (UNITED
KINGDOM)
HALLIBURTON ENERGY DEVELOPMENT (KAZAKHSTAN) LTD. (CAYMAN
ISLANDS)
HALLIBURTON ENERGY DEVELOPMENT (KAZAKHSTAN), INC. (UNITED
STATES)
HALLIBURTON ENERGY DEVELOPMENT (NORTH SEA), INC. (UNITED
STATES)
HALLIBURTON ENERGY DEVELOPMENT LTD. (CAYMAN ISLANDS)
HALLIBURTON
ENERGY SERVICES (MALAYSIA) SDN. BHD. (MALAYSIA)
HALLIBURTON ENERGY SERVICES
LTD. (UNITED KINGDOM)
HALLIBURTON ENERGY SERVICES NIGERIA LTD.
(NIGERIA)
HALLIBURTON ENERGY SERVICES ROMANIA SRL (ROMANIA)
HALLIBURTON
ENERGY SERVICES, INC. (UNITED STATES)
HALLIBURTON EPC-22 HOLDINGS, S DE RL
DE CV (MEXICO)
HALLIBURTON EQUIPMENT COMPANY SAE (EGYPT)
HALLIBURTON
ESPANOLA SA (SPAIN)
HALLIBURTON FAR EAST PTE LTD. (SINGAPORE)
HALLIBURTON
GEODATA (OVERSEAS) LTD. (UNITED KINGDOM)
HALLIBURTON GEODATA LTD. (UNITED
KINGDOM)
HALLIBURTON GLOBAL, LTD. (CAYMAN ISLANDS)
HALLIBURTON GROUP CANADA
INC. (CANADA)
HALLIBURTON HOLDING BV (NETHERLANDS)
HALLIBURTON HOLDING
GERMANY GMBH (GERMANY)
HALLIBURTON HOLDINGS AUSTRALIA PTY. LTD.
(AUSTRALIA)
HALLIBURTON HOLDINGS LTD. (UNITED KINGDOM)
HALLIBURTON I CAYMAN,
LTD. (CAYMAN ISLANDS)
HALLIBURTON II CAYMAN, LTD. (CAYMAN
ISLANDS)
HALLIBURTON IMCO (CAMEROON) SARL (CAMEROON)
HALLIBURTON IMCO (GABON)
SARL (GABON)
HALLIBURTON INTERNATIONAL GMBH (AUSTRIA)
HALLIBURTON
INTERNATIONAL, INC. (UNITED STATES)
HALLIBURTON ITALIANA SPA
(ITALY)
HALLIBURTON KAZAKHSTAN OILFIELD SERVICES, LTD.
(KAZAKHSTAN)
HALLIBURTON KBR OPERATIONS PTY LTD. (AUSTRALIA)
HALLIBURTON KBR
PTY LTD. (AUSTRALIA)
HALLIBURTON KBR PRODUCTION SERVICES PTY LTD. (AUSTRALIA)
HALLIBURTON KBR WATER SERVICES PTY LTD. (AUSTRALIA)
HALLIBURTON LATIN
AMERICA SA (PANAMA)
HALLIBURTON LTD. (UNITED KINGDOM)
HALLIBURTON LOGGING
SERVICES (M) SDN. BHD. (MALAYSIA)
HALLIBURTON MANUFACTURING & SERVICES LTD.
(UNITED KINGDOM)
HALLIBURTON MANUFACTURING (SINGAPORE) PTE. LTD. (SINGAPORE)
HALLIBURTON MULTINATIONAL, INC. (UNITED STATES)
HALLIBURTON NEW ZEALAND LTD.
(NEW ZEALAND)
HALLIBURTON NIGERIA LTD. (NIGERIA)
HALLIBURTON NUS CORP.
(UNITED STATES)
HALLIBURTON OFFSHORE SERVICES, INC. (CAYMAN
ISLANDS)
HALLIBURTON OIL SERVICES VIETNAM LTD. (VIETNAM)
HALLIBURTON
OILFIELD SERVICES INDIA LTD. (INDIA)
HALLIBURTON OILFIELD SERVICES LTD.
(RUSSIA)
HALLIBURTON OPERATIONS NIGERIA LTD. (NIGERIA)
HALLIBURTON OVERSEAS
LTD. (CAYMAN ISLANDS)
HALLIBURTON PARTNERS CANADA LTD. (CANADA)
HALLIBURTON
PENSION TRUSTEE LTD. (UNITED KINGDOM)
HALLIBURTON PRODUCTS & SERVICES LTD.
(CAYMAN ISLANDS)
HALLIBURTON PRODUTOS LTDA (BRAZIL)
HALLIBURTON REAL ESTATE
SERVICES, INC. (UNITED STATES)
HALLIBURTON SAS (FRANCE)
HALLIBURTON S.C.,
INC. (UNITED STATES)
HALLIBURTON SAUDI LOGGING LLC (SAUDI
ARABIA)
HALLIBURTON SERVICES (MALAYSIA) SDN. BHD. (MALAYSIA)
HALLIBURTON
SERVICIOS (CHILE) LTDA (CHILE)
HALLIBURTON SERVICOS LTDA
(BRAZIL)
HALLIBURTON SINGAPORE PTE. LTD. (SINGAPORE)
HALLIBURTON TECHNICAL
SERVICES, INC. (UNITED STATES)
HALLIBURTON TESEL LTD. (UNITED
KINGDOM)
HALLIBURTON TRINIDAD LTD. (TRINIDAD)
HALLIBURTON TUNISIA (OFFSHORE)
LTD. (TUNISIA)
HALLIBURTON WEST AFRICA LTD. (CAYMAN ISLANDS)
HALLIBURTON
WORLDWIDE LTD. (CAYMAN ISLANDS)
HALLIBURTON WORLDWIDE SERVICES, INC. (UNITED
STATES)
HALLIBURTON Z, LTD. (CAYMAN ISLANDS)
HALLIBURTON-ATYRAU OIL & GAS
SERVICES (KAZAKHSTAN)
HALSON FINANCIAL SERVICES LTD. (CAYMAN ISLANDS)
HBR
(THAILAND) LTD. (THAILAND)
HBR ASIA CONTRACTORS LTD. (HONG KONG)
HBR ENERGY,
INC. (UNITED STATES)
HBR NL HOLDINGS, LLC
HED (INDONESIA), INC. (UNITED
STATES)
HGS ENTERPRISES INC. (PANAMA)
HGS LTD. (UNITED KINGDOM)
HLS INDIA
LTD. (INDIA)
HLS NIGERIA LTD. (NIGERIA)
HMB SUBWORK LTD. (UNITED
KINGDOM)
HOBBYMARKT CAPELLE BV (NETHERLANDS)
HOBBYMARKT CAPELLE DE MEXICO,
SA DE CV (MEXICO)
HOLMES BLOWERS LTD. (UNITED KINGDOM)
HOWARD HUMPHREYS &
PARTNERS LTD. (UNITED KINGDOM)
HOWARD HUMPHREYS (KENYA) LTD. (KENYA)
HOWARD
HUMPHREYS (TANZANIA) LTD. (TANZANIA)
HOWARD HUMPHREYS (UGANDA) LTD. (UGANDA)
HOWARD HUMPHREYS (ZIMBABWE) LTD. (UNITED KINGDOM)
HOWARD HUMPHREYS GROUP
LTD. (UNITED KINGDOM)
HOWARD HUMPHREYS LTD. (UNITED KINGDOM)
HOWARD
HUMPHREYS PROJECT MANAGEMENT (HK) LTD. (HONG KONG)
HOWARD HUMPHREYS PROJECT
MANAGEMENT LTD. (UNITED KINGDOM)
HUAMEI HALLIBURTON PETROLEUM TECHNICAL
SERVICE CO. LTD. (CHINA)
HUNTING-BRAE LTD. (UNITED KINGDOM)
ILEX
TECHNOLOGIES LTD. (UNITED KINGDOM)
INTEGRATED DOCUMATICS LTD. (UNITED
KINGDOM)
INTEGRATED POWER SERVICES PTY LTD. (AUSTRALIA)
INTERNATIONAL
ADMINISTRATIVE SERVICES, LTD. (CAYMAN ISLANDS)
INTERNATIONAL AUTOMATIVE
TECHNOLOGIES, LLC (UNITED STATES)
IPEM DEVELOPMENTS LTD. (UNITED
KINGDOM)
JET RESEARCH CENTER, INC. (UNITED STATES)
JET RESEARCH CORP.
(UNITED STATES)
KAPEQ TRADING LTD. (CYPRUS)
KBR CALEDONIA LTD. (UNITED
KINGDOM)
KBR DE MONTEREY SA DE CV (MEXICO)
KBR DEVELOPMENT CORP. (CAYMAN
ISLANDS)
KBR/TECHNIP, LLC (UNITED STATES)
KBRDC CNC (CAYMAN) LTD. (CAYMAN
ISLANDS)
KBRDC NITROGEN 2000 (CAYMAN) LTD. (CAYMAN ISLANDS)
KBRDC NITROGEN
2000 (ST. LUCIA) LTD. (ST. LUCIA)
K INTERNATIONAL ENGINEERS PTY LTD.
KELLOGG
(MALAYSIA) SDN. BHD. (MALAYSIA)
KELLOGG AFRICA GROWTH FUND INC. (UNITED
STATES)
KELLOGG BROWN & ROOT ALGERIA INC. (UNITED STATES)
KELLOGG BROWN &
ROOT CONSULTANCY (MALAYSIA) SDN. BHD. (MALAYSIA)
KELLOGG BROWN & ROOT
ENGINEERING CORP. (UNITED STATES)
KELLOGG BROWN & ROOT FAR EAST, INC.
(UNITED STATES)
KELLOGG BROWN & ROOT GMBH (GERMANY)
KELLOGG BROWN & ROOT,
INC. (UNITED STATES)
KELLOGG BROWN & ROOT INDIA LTD. (UNITED STATES)
KELLOGG
BROWN & ROOT INTERNATIONAL, INC. (DELAWARE)
KELLOGG BROWN & ROOT
INTERNATIONAL, INC. (PANAMA)
KELLOGG BROWN & ROOT LTD. (UNITED
KINGDOM)
KELLOGG CARDON, CA (VENEZUELA)
KELLOGG CHINA INC. (UNITED
STATES)
KELLOGG CHIYODA SERVICES LTD. (CAYMAN ISLANDS)
KELLOGG CONSTRUCTION
LTD. (UNITED KINGDOM)
KELLOGG FRANCE, SA (FRANCE)
KELLOGG INTERNATIONAL
SERVICES CORP. (UNITED STATES)
KELLOGG INTERNATIONAL SERVICES LTD. (CAYMAN
ISLANDS)
KELLOGG IRAN, INC. (UNITED STATES)
KELLOGG ISL LTD. (CAYMAN ISLANDS)
KELLOGG KOREA, INC. (UNITED STATES)
KELLOGG MALAYSIA, INC. (UNITED
STATES)
KELLOGG MEXICO, INC. (UNITED STATES)
KELLOGG MIDDLE EAST LTD.
(UNITED STATES)
KELLOGG OFFSHORE LTD. (UNITED KINGDOM)
KELLOGG OVERSEAS
CORP. (UNITED STATES)
KELLOGG PAN AMERICAN, CA (VENEZUELA)
KELLOGG PAN
AMERICAN CORP. (UNITED STATES)
KELLOGG SAUDI ARABIA LTD. (UNITED
STATES)
KELLOGG SERVICES, INC. (UNITED STATES)
KESTREL SUBSEA SYSTEMS LTD.
(UNITED KINGDOM)
KINHILL BUILDING INVESTIGATION PTY LTD. (AUSTRALIA)
KINHILL
HOLDINGS PTY LTD. (AUSTRALIA)
KINHILL INDIA PRIVATE LTD. (INDIA)
KINHILL
INVESTMENTS PTY LTD. (AUSTRALIA)
KINHILL PACIFIC PTY. LTD.
(AUSTRALIA)
KINHILL PAKISTAN (PRIVATE) LTD. (PAKISTAN)
KINHILL PNG LTD. (NEW
GUINEA)
KINHILL PTE LTD. (SINGAPORE)
KINHILL SAGRIC PTY LTD.
(AUSTRALIA)
KINHILL SUPERANNUATION NOMINEES PTY LTD. (AUSTRALIA)
KPA, SA DE
CV (MEXICO)
KRSA LTD. (UNITED KINGDOM)
KRW ENERGY SYSTEMS INC. (UNITED
STATES)
LANDMARK AMERICA LATINA, SA (PANAMA)
LANDMARK DE MEXICO, SA DE CV
(MEXICO)
LANDMARK EAME, LTD. (UNITED KINGDOM)
LANDMARK GRAPHICS COLOMBIA SA
(COLOMBIA)
LANDMARK GRAPHICS CORP. (UNITED STATES)
LANDMARK GRAPHICS DO
BRASIL LTDA (BRAZIL)
LANDMARK GRAPHICS EUROPE/AFRICA, INC. (UNITED
STATES)
LANDMARK GRAPHICS INTERNATIONAL, INC. (UNITED STATES)
LANDMARK
GRAPHICS (MALAYSIA) SDN. BHD. (MALAYSIA)
LANDMARK GRAPHICS (NIGERIA) LTD.
(NIGERIA)
LANDMARK GRAPHICS VENEZUELA CA (VENEZUELA)
LAUREL FINANCIAL
SERVICES BV (NETHERLANDS)
LAUT-AOC SDN. BHD. (BRUNEI)
LCL KNIGHTSBRIDGE LTD.
(UNITED KINGDOM)
LIAOHE HALLIBURTON FLOW MEASUREMENT CO. (CHINA)
LMK
RESOURCES (MAURITIUS)
LMK RESOURCES PAKISTAN (PVT.) LTD. (PAKISTAN)
LNG
SERVICOS E GESTAO DE PROJECTOS LTDA (PORTUGAL)
M. W. KELLOGG COMPANY LTD.
(CANADA)
M. W. KELLOGG CONSTRUCTORS INC. (UNITED STATES)
M. W. KELLOGG GROUP
LTD. (UNITED KINGDOM)
M. W. KELLOGG INTERNATIONAL LTD. (UNITED KINGDOM)
M.
W. KELLOGG LTD. (UNITED KINGDOM)
M. W. KELLOGG PENSIONS LTD. (UNITED KINGDOM)
M. W. KELLOGG TECHNOLOGY CO. (UNITED STATES)
MAGIC EARTH, INC. (UNITED
STATES)
MAGIC EARTH, LTD. (UNITED KINGDOM)
MANAGEMENT LOGISTICS, INC.
(UNITED STATES)
MANTENIMIENTO MARINO DE MEXICO, S DE RL DE CV
(MEXICO)
MAREND LTD. (UNITED KINGDOM)
MASHHOR WELL SERVICES SDN. BHD.
(BRUNEI)
MASONEILAN INTERNATIONAL, LLC (UNITED STATES)
MID-VALLEY, INC.
(UNITED STATES)
MIDDLE EAST TECHNOLOGIES, INC. (UNITED STATES)
MILLENNIUM
LINK LTD. (UNITED KINGDOM)
MONENCO OFFSHORE LTD. (CANADA)
MONO GROUP (UNITED
KINGDOM)
MONO GROUP PENSION TRUSTEES LTD. (UNITED KINGDOM)
MONO PUMPS
(AUSTRALIA) PTY. LTD. (AUSTRALIA)
MONO PUMPS (ENGINEERING) LTD. (UNITED
KINGDOM)
MONO PUMPS (MANFACTURING) LTD. (UNITED KINGDOM)
MONO PUMPS (NEW
ZEALAND) LTD. (NEW ZEALAND)
MONO PUMPS (U.K.) LTD. (UNITED KINGDOM)
MONO
PUMPS LTD. (UNITED KINGDOM)
MONOFLO, INC. (UNITED STATES)
MOROCCAN ENGINEERS
& CONSTRUCTORS (MOROCCO)
NEDERLANDS BEDRIJFSKLEDING SERVICE BV (NETHERLANDS)
NEW OCEAN CONTRACTORS LTD. (UNITED KINGDOM)
NIBOD MINES LTD. (NIGERIA)
NILE
OILFIELD ENGINEERING LTD. (SUDAN)
NL BAROID (CAMEROON) SARL (CAMEROON)
NL DO
BRAZIL LTDA (BRAZIL)
NL OVERSEAS SERVICE COMPANY LTD. (UNITED KINGDOM)
NORSK
MODIFIKAJON OG VEDLIKEHOLD SERVICE AS (NORWAY)
NORTH SEA ASSETS LTD. (UNITED
KINGDOM)
NUMALOG, LTD. (ISRAEL)
NUMAR UK LTD. (UNITED KINGDOM)
NUS OF
MARYLAND, INC. (UNITED STATES)
OGC INTERNATIONAL LTD. (UNITED
KINGDOM)
OILFIELD TELECOMMUNICATIONS, INC. (UNITED STATES)
OTIS ENGINEERING
ITALIANA SRL (ITALY)
OVERSEAS ADMINISTRATION SERVICES, LTD. (CAYMAN ISLANDS)
OVERSEAS MARINE LEASING CO. (UNITED STATES)
P.T. BAROID (INDONESIA)
P.T.
BREDERO PRICE (INDONESIA)
P.T. BROWN & ROOT (INDONESIA)
P.T. HALLIBURTON
DRILLING SYSTEMS (INDONESIA)
P.T. HALLIBURTON (INDONESIA)
P.T. HALLIBURTON
LOGGING SERVICES (INDONESIA)
P.T. INDOKOR SPERRY-SUN (INDONESIA)
P.T. JAYA
KINHILL ARKONIN (INDONESIA)
P.T. KINHILL (INDONESIA)
P.T. LANDMARK
CONCURRENT SOLUSI (INDONESIA)
P.T. NUMAR (INDONESIA)
P.T. SECURITY MULIA
(INDONESIA)
P.T. UDEMCO OTIS (INDONESIA)
PACE AS (NORWAY)
PALOAK LTD.
(UNITED KINGDOM)
PES FRANCE (FRANCE)
PES NETHERLANDS LTD. (UNITED
KINGDOM)
P.E.S. PETROQUIP LTD. (UNITED KINGDOM)
P.E.S. PETROSEAL LTD.
(UNITED KINGDOM)
P.E.S. PETROSERV LTD. (UNITED KINGDOM)
P.E.S. PETROSPEC
LTD. (UNITED KINGDOM)
PES TRUSTEES LTD. (UNITED KINGDOM)
PETROLEUM
ENGINEERING SERVICES (ITALIA) SRL (ITALY)
PETROLEUM ENGINEERING SERVICES
ASIA PTY. LTD. (AUSTRALIA)
PETROLEUM ENGINEERING SERVICES LTD. (UNITED
KINGDOM)
PETROLEUM ENGINEERING SERVICES NORGE AS (NORWAY)
PETROLEUM
INFORMATION & EQUIPMENT SERVICES PTE. LTD. (SINGAPORE)
PETROLEUM
MANUFACTURING SERVICES LTD. (UNITED KINGDOM)
PETRODATA AS
(NORWAY)
PETROLOGIC LTD. (UNITED KINGDOM)
PGS DATA MANAGEMENT (UK) LTD.
(UNITED KINGDOM)
PLANTATION LAND COMPANY, INC. (UNITED STATES)
POLINEX-CEKOP
SA (POLAND)
PROFESSIONAL RESOURCES, LTD. (BERMUDA)
PROPERTY & CASUALTY
INSURANCE, LTD. (U.S. UNITED STATES)
PROPERTY & CASUALTY INSURANCE, LTD.
(BERMUDA)
PULLMAN KELLOGG PLANT SERVICES ALGERIA, INC. (UNITED
STATES)
REZAYAT BROWN & ROOT SAUDI COMPANY LTD. (SAUDI ARABIA)
ROAD
MANAGEMENT CONSOLIDATED PLC (UNITED KINGDOM)
ROAD MANAGEMENT GROUP LTD.
(UNITED KINGDOM)
ROAD MANAGEMENT LTD. (UNITED KINGDOM)
ROAD MANAGEMENT
SERVICES (A13) HOLDINGS LTD. (UNITED KINGDOM)
ROAD MANAGEMENT SERVICES (A13)
PLC (UNITED KINGDOM)
ROAD MANAGEMENT SERVICES (GLOUCESTER) LTD. (UNITED
KINGDOM)
ROAD MANAGEMENT SERVICES (PETERBOROUGH) LTD. (UNITED
KINGDOM)
ROCKWATER (NORTH SEA) LTD. (UNITED KINGDOM)
ROCKWATER BV
(NETHERLANDS)
ROCKWATER CV (NETHERLANDS)
ROCKWATER HOLDINGS LTD. (UNITED
KINGDOM)
ROCKWATER LTD. (UNITED KINGDOM)
ROCKWATER OFFSHORE CONTRACTORS 2 BV
(NETHERLANDS)
ROTARY BROWN & ROOT PTE. LTD. (SINGAPORE)
SATTAHIP PIPECOATERS
LTD. (THAILAND)
SBR OFFSHORE LTD. (CANADA)
SCIENTIFIC & TECHNICAL COMPUTING
CENTRE PTY LTD. (AUSTRALIA)
SEAFORTH ENGINEERING LTD. (UNITED
KINGDOM)
SEAFORTH KINERGETICS LTD. (UNITED KINGDOM)
SEAFORTH MARINE SERVICES
LTD. (UNITED KINGDOM)
SEAFORTH MARITIME (HOLDINGS) LTD. (UNITED
KINGDOM)
SEAFORTH MARITIME LTD. (UNITED KINGDOM)
SECURITY DBS (MEM) EC
(BAHRAIN)
SECURITY DBS BV (NETHERLANDS)
SECURITY DBS ITALIA SRL
(ITALY)
SECURITY DBS SA (FRANCE)
SEMBROWN EQUIPMENT PTE LTD.
(SINGAPORE)
SEMI SUB SERVICES BV (NETHERLANDS)
SERVICE EMPLOYEES
INTERNATIONAL, INC. (CAYMAN ISLANDS)
SERVICIOS HALLIBURTON DE VENEZUELA, SA
(UNITED STATES)
SERVICIOS INDUSTRIALES WORTHINGTON, SA (VENEZUELA)
SERVICIOS
PROFESIONALES PETROLEROS, S DE RL DE CV (MEXICO)
SERVICIOS TECNICOS BROWN &
ROOT, SA (PANAMA)
SHAPADU ROCKWATER SDN. BHD. (MALAYSIA)
SHAW INDUSTRIES
PTY. LTD. (AUSTRALIA)
SHAW PIPE INDUSTRIES LTD. (CANADA)
SIAM BROWN & ROOT
LTD. (THAILAND)
SIF-ISOPIPE SA (FRANCE)
SINOKELLOGG ENGINEERING CO.
(CHINA)
SNAMPROGETTI NETHERLANDS, BV (NETHERLANDS)
SOCIEDAD ESPANOLA DE
BOMBAS Y MAQUINARIA SA (SPAIN)
SPERRY SUN SAUDIA COMPANY LTD. (SAUDI ARABIA)
SPERRY-SUN (U.K.) LTD. (UNITED KINGDOM)
SPERRY-SUN DE ECUADOR SA
(ECUADOR)
STRATA BIT LTD. (UNITED KINGDOM)
STRATAMODEL (BARBADOS) EXPORT
LTD. (BARBADOS)
STRATAMODEL (FSC) (BARBADOS)
STUDEBAKER-WORTHINGTON (U.K.)
LTD. (UNITED KINGDOM)
SUBSAHARA SERIVCES, INC. (UNITED STATES)
SUBSEA HMB
LTD. (UNITED KINGDOM)
SUB SEA OFFSHORE (B) BERHAD (BRUNEI)
SUB SEA OFFSHORE
(HOLDINGS) LTD. (UNITED KINGDOM)
SUB SEA OFFSHORE LTD. (UNITED KINGDOM)
SUB
SEA OFFSHORE PTE. LTD. (SINGAPORE)
SUB SEA OVERSEAS, INC. (PANAMA)
SUB SEA
WORLDWIDE, INC. (PANAMA)
SUBSEAKAT (MALAYSIA) SDN. BHD. (MALAYSIA)
SYMINGTON
WAYNE OVERSEAS, LTD. (CANADA)
T.K. VALVE HOLDINGS (UNITED KINGDOM)
TAYLOR
DIVING (SOUTH EAST ASIA) PTE. LTD. (SINGAPORE)
TAYLOR INTERNATIONAL DIVING
COMPANY, INC. (UNITED STATES)
TESEL HOLDINGS LTD. (UNITED KINGDOM)
THAI
PIPECOATERS LTD. (THAILAND)
ARAB GEOPHYSICAL EXPLORATION SERVICES CO. (LIBYA)
THERMOTITE AS (NORWAY)
THERMOTITE BRASIL LTDA (BRAZIL)
THERMOTITE SUBSEA
INSULATION, INC. (UNITED STATES)
THOMCO (NO. 2011) PTY LTD. (AUSTRALIA)
TRES
GAVIOTAS, SA DE CV (MEXICO)
TRI-CAN PERFORATORS LTD. (TRINIDAD)
TRICONOS
MINEROS SA (CHILE)
TSKJ-SERVICOS DE ENGENHARIA LTDA (PORTUGAL)
TSKJ II
CONSTRUCOES INTERNACIONAIS SOCIEDADE UNIPESSOAL LT. (PORTUGAL)
TSKJ NIGERIA
LTD. (NIGERIA)
UCAMAR SHIPPING & TRANSPORTATION COMPANY (CAYMAN) LT. (CAYMAN
ISLANDS)
UMC ENGINEERING SDN. BHD. (MALAYSIA)
UNIGLOBE ENGINEERING LTD.
(CYPRUS)
UNIVERSAL ENERGY SERVICES AKTIENGESELLSCHAFT
(LIECHTENSTEIN)
UNIVERSAL ENERGY SERVICES SRL (ITALY)
VACTOR INDUSTRIAL
POLLUTION (U.K.) LTD. (UNITED KINGDOM)
VOSNOC LTD. (CYPRUS)
W.T. LTD.
(UNITED KINGDOM)
WALBRIDGE BROWN & ROOT INTERNATIONAL LLC
OFFICERS (NAME/AGE/TITLE/REMUNERATION): (SOURCE: 10K)
BLURTON, JERRY H./ 57/ VICE PRESIDENT, TREASURER / NA
CARRIERE, MARGARET E./ 50/ VICE PRESIDENT / NA
COLEMAN, LESTER L./ 59/ EXECUTIVE VICE PRESIDENT, LEGAL COUNSEL
(PRX 04-09-2002) / $ 1,887,028
FOSHEE, DOUGLAS L./ 42/ EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER /
NA
HARL, ROBERT R./ 51/ SUBSIDIARY OFFICER (PRX 04-09-2002) / $ 1,548,913
HEINEMANN, ROBERT F./ 48/ VICE PRESIDENT, CHIEF TECHNOLOGY OFFICER / NA
HUFFMAN, ARTHUR D./ 49/ VICE PRESIDENT / NA
LESAR, DAVID J./ 48/ CHAIRMAN OF THE BOARD, CHIEF EXECUTIVE OFFICER,
PRESIDENT (PRX 04-09-2002) / $ 7,220,308
MORRIS, GARY V./ 48/ EXECUTIVE VICE PRESIDENT (PRX 04-09-2002) /
$ 2,101,458
MUCHMORE, R. CHARLES, JR./ 48/ VICE PRESIDENT, CONTROLLER / NA
HOWELL, WILLIAM R./ 66/ EXECUTIVE OFFICER, DIRECTOR (PRX 04-09-2002) / NA
HUNT, RAY L./ 58/ EXECUTIVE OFFICER, DIRECTOR (PRX 04-09-2002) / NA
KEITH, SUSAN S./ NA/ VICE PRESIDENT, SECRETARY (PRX 04-09-2002) / NA
ORTIZ, EDGAR J./ NA/ SUBSIDIARY OFFICER (PRX 04-09-2002) / $ 2,211,594
DIRECTORS/NOMINEES (NAME/AGE/TITLE/REMUNERATION): (SOURCE: PROXY 04/09/2002)
LESAR, DAVID J./ 48/ CHAIRMAN OF THE BOARD, CHIEF EXECUTIVE OFFICER,
PRESIDENT (10-Q 06-30-2002) / $ 7,220,308
CRANDALL, ROBERT L./ 66/ DIRECTOR (10-Q 06-30-2002) / NA
DERR, KENNETH T./ 65/ DIRECTOR (10-Q 06-30-2002) / NA
DI BONA, CHARLES JOSEPH/ 70/ DIRECTOR (10-Q 06-30-2002) / NA
EAGLEBURGER, LAWRENCE SIDNEY/ 71/ DIRECTOR (10-Q 06-30-2002) / NA
HOWELL, WILLIAM R./ 66/ EXECUTIVE OFFICER, DIRECTOR (10-Q 06-30-2002) / NA
HUNT, RAY L./ 58/ EXECUTIVE OFFICER, DIRECTOR (10-Q 06-30-2002) / NA
LEWIS, AYLWIN B./ 47/ DIRECTOR (10-Q 06-30-2002) / NA
MARTIN, J. LANDIS/ 56/ DIRECTOR (10-Q 06-30-2002) / NA
PRECOURT, JAY ANTHONY/ 64/ DIRECTOR (10-Q 06-30-2002) / NA
REED, DEBRA L./ 45/ DIRECTOR (10-Q 06-30-2002) / NA
SILAS, CECIL JESSE/ 69/ DIRECTOR (10-Q 06-30-2002) / NA
NUMBER OF EMPLOYEES: 85,000 (SOURCE: 10-K)
FISCAL YEAR END: 12/31
LATEST ANNUAL FINANCIAL DATE: 12/31/2001
LATEST QUARTERLY FINANCIAL DATE: 06/30/2002
AUDITOR INFORMATION:
AUDITOR CHANGE: KPMG PEAT MARWICK (8-K 04-17-2002)
AUDITOR: ARTHUR ANDERSEN & CO (SOURCE: 10-K)
AUDITOR'S REPORT: UNQUALIFIED
LEGAL COUNSEL: NA
STOCK TRANSFER AGENT: NA
SEGMENT DATA
(SOURCE: 10-K 12/31/2001) SALES OP INCOME
ENERGY SERVICES GROUP 8,722,000,000 1,015,000,000
ENGINEERING & CONSTRUCTION 4,324,000,000 143,000,000
FIVE YEAR SUMMARY
YEAR SALES NET INCOME EPS
2001 13,046,000,000 809,000,000 1.89
2000 11,944,000,000 501,000,000 1.13
1999 12,313,000,000 438,000,000 1.00
1998 14,504,000,000 -15,000,000 -0.03
1997 13,498,000,000 772,000,000 1.79
5-YEAR GROWTH RATE -0.8 1.1 1.3
ASSETS (in thousands)
FISCAL YEAR END 12/31/2001 12/31/2000 12/31/1999
CASH 290,000 231,000 466,000
MARKETABLE SECURITIES NA NA NA
RECEIVABLES 3,015,000 3,845,000 2,974,000
INVENTORIES 787,000 723,000 723,000
RAW MATERIALS NA NA NA
WORK IN PROGRESS NA NA NA
FINISHED GOODS NA NA NA
NOTES RECEIVABLE NA NA NA
OTHER CURRENT ASSETS 1,481,000 769,000 1,199,000
TOTAL CURRENT ASSETS 5,573,000 5,568,000 5,362,000
PROPERTY, PLANT & EQUIPMENT 2,669,000 2,410,000 2,390,000
ACCUMULATED DEPRECIATION NA NA NA
NET PROPERTY & EQUIPMENT 2,669,000 2,410,000 2,390,000
INVEST & ADVANCES TO SUBS 551,000 400,000 384,000
OTHER NON-CURRENT ASSETS NA 391,000 310,000
DEFERRED CHARGES 410,000 340,000 398,000
INTANGIBLES 720,000 597,000 505,000
DEPOSITS & OTHER ASSETS 1,043,000 397,000 290,000
TOTAL ASSETS 10,966,000 10,103,000 9,639,000
LIABILITIES (in thousands)
FISCAL YEAR END 12/31/2001 12/31/2000 12/31/1999
NOTES PAYABLE 44,000 1,570,000 939,000
ACCOUNTS PAYABLE 917,000 782,000 665,000
CURRENT LONG TERM DEBT 81,000 8,000 308,000
CURRENT CAPITAL LEASES NA NA NA
ACCRUED EXPENSES 357,000 273,000 206,000
INCOME TAXES 194,000 113,000 120,000
OTHER CURRENT LIABILITIES 1,315,000 1,080,000 795,000
TOTAL CURRENT LIABILITIES 2,908,000 3,826,000 3,033,000
MORTGAGES NA NA NA
DEFERRED CHARGES & INCOME NA NA NA
CONVERTIBLE DEBT NA NA NA
LONG TERM DEBT 1,403,000 1,049,000 1,056,000
NON-CURRENT CAPITAL LEASES NA NA NA
OTHER LONG TERM LIABILITIES 1,862,000 1,262,000 1,219,000
TOTAL LIABILITIES 6,173,000 6,137,000 5,308,000
MINORITY INTEREST 41,000 38,000 44,000
PREFERRED STOCK NA NA NA
COMMON STOCK NET 1,138,000 1,132,000 1,120,000
CAPITAL SURPLUS 298,000 259,000 68,000
RETAINED EARNINGS 4,327,000 3,733,000 3,453,000
TREASURY STOCK 688,000 845,000 99,000
OTHER LIABILITIES -323,000 -351,000 -255,000
SHAREHOLDERS' EQUITY 4,752,000 3,928,000 4,287,000
TOTAL LIABILITIES & NET WORTH 10,966,000 10,103,000 9,639,000
INCOME STATEMENT (in thousands)
FISCAL YEAR END 12/31/2001 12/31/2000 12/31/1999
NET SALES 12,939,000 11,856,000 12,214,000
COST OF GOODS 11,575,000 11,218,000 11,608,000
GROSS PROFIT 1,364,000 638,000 606,000
R & D EXPENDTURES NA NA NA
SELLING, GENERAL & ADMIN 387,000 352,000 351,000
INCOME BEFORE DEPREC & AMORT 977,000 286,000 255,000
DEPRECIATION & AMORTIZATION NA NA NA
NON-OPERATING INCOME 124,000 195,000 193,000
INTEREST EXPENSE 147,000 146,000 141,000
INCOME BEFORE TAX 954,000 335,000 307,000
PROVISION FOR INCOME TAXES 384,000 129,000 116,000
MINORITY INTEREST 19,000 18,000 17,000
INVESTMENT GAINS (LOSSES) NA NA NA
OTHER INCOME NA NA NA
NET INCOME BEFORE EX-ITEMS 551,000 188,000 174,000
EX-ITEM & DISCONTINUED OPNS 258,000 313,000 264,000
NET INCOME 809,000 501,000 438,000
OUTSTANDING SHARES 434,000 427,000 442,000
CASH FLOW STATEMENT (in thousands)
CASH FROM OPERATIONS 12/31/2001 12/31/2000 12/31/1999
NET INCOME (LOSS) 809,000 501,000 438,000
DEPRECIATION & AMORTIZATION NA 503,000 511,000
NET INC(DEC) IN ASSETS & LIABS 443,000 -593,000 -683,000
CASH FROM (USED IN) DISC OPS NA -313,000 -283,000
OTHER ADJUSTMENTS, NET -223,000 -155,000 -41,000
NET CASH FROM (USED IN) OPS 1,029,000 -57,000 -58,000
CASH FROM INVESTMENTS 12/31/2001 12/31/2000 12/31/1999
(INC) DEC PROP & PLANT -677,000 -369,000 -402,000
ACQ (DISP) OF SUBS OR OTH BUS -159,000 9,000 284,000
INC (DEC) IN INVESTMENTS -22,000 NA NA
OTHER CASH INFLOW (OUTFLOW) NA -51,000 11,000
NET CASH FROM (USED IN) INVESTING -858,000 -411,000 -107,000
CASH FROM FINANCING 12/31/2001 12/31/2000 12/31/1999
ISSUANCES OF EQUITY SHARES -7,000 -664,000 39,000
ISSUANCES (REPAYMENT) OF DEBT NA NA NA
INC (DEC) IN BANK, OTH BORROWINGS -1,116,000 321,000 377,000
DIVIDENDS, OTHER DISTRIBUTIONS -215,000 -221,000 -221,000
OTHER CASH INFLOW (OUTFLOW) 1,246,000 806,000 228,000
NET CASH FROM FINANCING -92,000 242,000 423,000
EFFECT OF EXCHG RATES ON CASH -20,000 -9,000 5,000
NET CHANGE CASH & EQUIVALENTS 59,000 -235,000 263,000
CASH & EQUIVS AT START OF YEAR 231,000 466,000 203,000
CASH & EQUIVS AT YEAR END 290,000 231,000 466,000
RATIO ANALYSIS
FISCAL YEAR END 12/31/2001 12/31/2000 12/31/1999
QUICK RATIO 1.14 1.07 1.13
CURRENT RATIO 1.92 1.46 1.77
SALES/CASH 44.62 51.32 26.21
SALES, GENERAL & ADMIN/SALES 0.03 0.03 0.03
RECEIVABLES TURNOVER 4.29 3.08 4.11
RECEIVABLES DAY SALES 83.89 116.75 87.66
INVENTORIES TURNOVER 16.44 16.40 16.89
INVENTORIES DAY SALES 21.90 21.95 21.31
NET SALES/WORKING CAPITAL 4.86 6.81 5.24
NET SALES/PLANT & EQUIPMENT 4.85 4.92 5.11
NET SALES/CURRENT ASSETS 2.32 2.13 2.28
NET SALES/TOTAL ASSETS 1.18 1.17 1.27
NET SALES/EMPLOYEES 152,224 127,484 118,583
TOTAL LIAB/TOTAL ASSETS 0.56 0.61 0.55
TOTAL LIAB/INVESTED CAPITAL 1.00 1.23 0.99
TOTAL LIAB/COMMON EQUITY 1.31 1.58 1.25
TIMES INTEREST EARNED 7.49 3.29 3.18
CURRENT DEBT/EQUITY 0.02 0.00 0.07
LONG TERM DEBT/EQUITY 0.30 0.27 0.25
TOTAL DEBT/EQUITY 0.31 0.27 0.32
TOTAL ASSETS/EQUITY 2.31 2.57 2.25
PRE-TAX INCOME/NET SALES 0.07 0.03 0.03
PRE-TAX INCOME/TOTAL ASSETS 0.09 0.03 0.03
PRE-TAX INCOME/INVESTED CAP 0.15 0.07 0.06
PRE-TAX INCOME/COMM EQUITY 0.20 0.09 0.07
NET INCOME/NET SALES 0.06 0.04 0.04
NET INCOME/TOTAL ASSETS 0.07 0.05 0.05
NET INCOME/INVESTED CAP 0.13 0.10 0.08
NET INCOME/COMMON EQUITY 0.17 0.13 0.10
R & D/NET SALES NA NA NA
R & D/NET INCOME NA NA NA
R & D/EMPLOYEES NA NA NA
QUARTERLY ASSETS (in thousands)
QUARTERLY REPORT FOR 06/30/2002 03/31/2002
CASH 383,000 266,000
MARKETABLE SECURITIES NA NA
RECEIVABLES 3,606,000 2,856,000
INVENTORIES 808,000 814,000
RAW MATERIALS NA NA
WORK IN PROGRESS NA NA
FINISHED GOODS NA NA
NOTES RECEIVABLE NA NA
OTHER CURRENT ASSETS 379,000 1,502,000
TOTAL CURRENT ASSETS 5,176,000 5,438,000
PROPERTY, PLANT & EQUIPMENT 2,692,000 2,757,000
ACCUMULATED DEPRECIATION NA NA
NET PROPERTY & EQUIPMENT 2,692,000 2,757,000
INVEST & ADVANCES TO SUBS NA 524,000
OTHER NON-CURRENT ASSETS NA NA
DEFERRED CHARGES 512,000 405,000
INTANGIBLES 725,000 720,000
DEPOSITS & OTHER ASSETS 2,882,000 1,036,000
TOTAL ASSETS 11,987,000 10,880,000
QUARTERLY LIABILITIES (in thousands)
QUARTERLY REPORT FOR 06/30/2002 03/31/2002
NOTES PAYABLE 66,000 6,000
ACCOUNTS PAYABLE 1,140,000 1,026,000
CURRENT LONG TERM DEBT 215,000 81,000
CURRENT CAPITAL LEASES NA NA
ACCRUED EXPENSES 492,000 306,000
INCOME TAXES 78,000 149,000
OTHER CURRENT LIABILITIES 996,000 1,142,000
TOTAL CURRENT LIABILITIES 2,987,000 2,710,000
MORTGAGES NA NA
DEFERRED CHARGES & INCOME NA NA
CONVERTIBLE DEBT NA NA
LONG TERM DEBT 1,264,000 1,402,000
NON-CURRENT CAPITAL LEASES NA NA
OTHER LONG TERM LIABILITIES 3,430,000 1,955,000
TOTAL LIABILITIES 7,681,000 6,067,000
MINORITY INTEREST 51,000 46,000
PREFERRED STOCK NA NA
COMMON STOCK NET 1,141,000 1,141,000
CAPITAL SURPLUS 296,000 313,000
RETAINED EARNINGS 3,742,000 4,294,000
TREASURY STOCK 635,000 662,000
OTHER LIABILITIES -289,000 -319,000
SHAREHOLDERS' EQUITY 4,255,000 4,767,000
TOTAL LIABILITIES & NET WORTH 11,987,000 10,880,000
QUARTERLY INCOME STATEMENT (in thousands)
QUARTERLY REPORT FOR 06/30/2002 03/31/2002
NET SALES 3,207,000 2,989,000
COST OF GOODS 3,482,000 2,939,000
GROSS PROFIT -275,000 50,000
R & D EXPENDTURES NA NA
SELLING, GENERAL & ADMIN 97,000 53,000
INCOME BEFORE DEPREC & AMORT -372,000 -3,000
DEPRECIATION & AMORTIZATION NA NA
NON-OPERATING INCOME -28,000 126,000
INTEREST EXPENSE 30,000 32,000
INCOME BEFORE TAX -430,000 91,000
PROVISION FOR INCOME TAXES -77,000 36,000
MINORITY INTEREST 5,000 5,000
INVESTMENT GAINS (LOSSES) NA NA
OTHER INCOME NA NA
NET INCOME BEFORE EX-ITEMS -358,000 50,000
EX-ITEM & DISCONTINUED OPNS -140,000 -28,000
NET INCOME -498,000 22,000
OUTSTANDING SHARES 436,000 435,000
COMMENTS:
NA
FINANCIAL FOOTNOTES:
(SOURCE 10-K)
The following text was taken directly from an EDGAR filing.
HALLIBURTON COMPANY Notes to Annual Financial Statements
Note 1. Significant Accounting Policies We employ accounting policies that are in accordance with accounting principles generally accepted in the United States of America. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect:
- the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at
the date of the financial statements; and
- the reported amounts of revenues and expenses during the
reporting period.
Ultimate results could differ from those estimates. Principles of consolidation. The consolidated financial statements include the accounts of our company and all of our subsidiaries in which we own greater than 50% interest or control. All material intercompany accounts and transactions are eliminated. Investments in companies in which we own 50% interest or less and have a significant influence are accounted for using the equity method and if we do not have significant influence we use the cost method. Prior year amounts have been reclassified to conform to the current year presentation. Revenues and income recognition. We recognize revenues as services are rendered or products are shipped. The distinction between services and product sales is based upon the overall activity of the particular business operation. Revenues from engineering and construction contracts are reported on the percentage of completion method of accounting using measurements of progress towards completion appropriate for the work performed. Progress is generally based upon physical progress, man-hours or costs incurred based upon the appropriate method for the type of job. All known or anticipated losses on contracts are provided for currently. Claims and change orders which are in the process of being negotiated with customers, for extra work or changes in the scope of work are, included in revenue when collection is deemed probable. Training and consulting service revenues are recognized as the services are performed. Sales of perpetual software licenses, net of deferred maintenance fees, are recorded as revenue upon shipment. Sales of use licenses are recognized as revenue over the license period. Post-contract customer support agreements are recorded as deferred revenues and recognized as revenue ratably over the contract period of generally one year's duration. Research and development. Research and development expenses are charged to income as incurred. See Note 4 for research and development expense by business segment. Software development costs. Costs of developing software for sale are charged to expense when incurred, as research and development, until technological feasibility has been established for the product. Once technological feasibility is established, software development costs are capitalized until the software is ready for general release to customers. We capitalized costs related to software developed for resale of $ 19 million in 2001, $ 7 million in 2000 and $ 12 million in 1999. Amortization expense of software development costs was $ 16 million for 2001, $ 12 million for 2000 and $ 15 million for 1999. Once the software is ready for release, amortization of the software development costs begins. Capitalized software development costs are amortized over periods which do not exceed five years. Income per share. Basic income per share is based on the weighted average number of common shares outstanding during the year. Diluted income per share includes additional common shares that would have been outstanding if potential common shares with a dilutive effect had been issued. See Note 10 for a reconciliation of basic and diluted income per share. Cash equivalents. We consider all highly liquid investments with an original maturity of three months or less to be cash equivalents. Receivables. Our receivables are generally not collateralized. With the exception of claims and change orders which are in the process of being negotiated with customers, unbilled work on uncompleted contracts generally represents work currently billable, and this work is usually billed during normal billing processes in the next several months. The claims and change orders, included in unbilled receivables, amounted to $ 234 million at December 31, 2001 and $ 113 million at December 31, 2000. Included in notes and accounts receivable are notes with varying interest rates totaling $ 19 million at December 31, 2001 and $ 38 million at December 31, 2000.
Inventories. Inventories are stated at the lower of cost or market. Cost represents invoice or production cost for new items and original cost less allowance for condition for used material returned to stock. Production cost includes material, labor and manufacturing overhead. The cost of most inventories is determined using ei
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