Summary Q2
| SPECTRUM GROUP | |||||
| Quarter | Quarter | 6 Months | 6 Months | 12 Months | |
| ended | ended | ended | ended | ended | |
| 30.06.12 | 30.06.11 | 30.06.12 | 30.06.11 | 31.12.11 | |
| (USD 1000) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Audited) |
| Total operating revenue | 24,588 | 9,221 | 61,523 | 13,860 | 81,245 |
| EBIT | 8,107 | 1,127 | 13,340 | 144 | 14,702 |
| Net profit (loss) from continuing operations | 9,043 | 257 | 8,089 | (1,012) | 14,248 |
| Cash flow from operating activities | 22,492 | 3,198 | 49,413 | 5,553 | 16,337 |
| Investment in Multi Client Libraries | 23,917 | 5,518 | 40,860 | 7,271 | 54,164 |
| Cash and cash equivalents at end of period | 13,654 | 6,161 | 13,654 | 6,161 | 5,953 |
Q2 Highlights
n Multi Client sales in the quarter totalled MUSD 23.8 (2011:MUSD 8.3)
n Revenue share on Multi Client sales was only 15% of operating revenue compared to 34% in Q1 2012, giving net revenue of MUSD 20.9.
n Organic investment (Multi Client Capex) was MUSD 23.9 (2011:MUSD 5.9)
n Operational cash flow in Q2 of MUSD 22.5 (2011:MUSD 3.2)
n EBIT in the quarter of USD 8.1 (2011:1.1)
6 months Highlights
n Multi Client sales totalled MUSD 59.6 (2011:MUSD 11.6)
n Organic Multi Client Capex of MUSD 40.9 with 54% prefunding (2011: MUSD 7.3)
n Operational cash flow of MUSD 49.4 (2011:MUSD 5.6)
n EBIT was MUSD 13.3 (2011:MUSD 0.1)