EX-99.1 2 ex99120150427.htm EXHIBIT 99.1 EX 99.1 2015.04.27
Exhibit 99.1

Chicago Bridge & Iron Company N.V.
(unaudited)
 
 
Years Ended December 31,
 
 
(In thousands)
 
 
2014
 
% of
Total
 
2013
 
% of
Total
 
2012
 
% of
Total
New Awards
 
 
 
 
 
 
 
 
 
 
 
 
Engineering & Construction
 
$
10,101,263

 
62%
 
$
7,014,307

 
57%
 
$
5,115,271

 
70%
Fabrication Services
 
2,422,580

 
15%
 
2,877,308

 
23%
 
1,690,975

 
23%
Technology
 
387,010

 
2%
 
438,268

 
4%
 
499,724

 
7%
Capital Services
 
3,354,420

 
21%
 
1,923,087

 
16%
 
—

 
—%
Total new awards
 
$
16,265,273

 
 
 
$
12,252,970

 
 
 
$
7,305,970

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
% of
Total
 
2013
 
% of
Total
 
2012
 
% of
Total
Revenue
 
 
 
 
 
 
 
 
 
 
 
 
Engineering & Construction
 
$
7,623,381

 
59%
 
$
6,215,235

 
56%
 
$
3,305,377

 
60%
Fabrication Services
 
2,738,981

 
21%
 
2,777,384

 
25%
 
1,831,609

 
34%
Technology
 
385,126

 
3%
 
397,408

 
4%
 
348,220

 
6%
Capital Services
 
2,227,442

 
17%
 
1,704,500

 
15%
 
—

 
—%
Total revenue
 
$
12,974,930

 
 
 
$
11,094,527

 
 
 
$
5,485,206

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
% of
Revenue
 
2013
 
% of
Revenue
 
2012
 
% of
Revenue
Income From Operations
 
 
 
 
 
 
 
 
 
 
 
 
Engineering & Construction
 
$
518,671

 
6.8%
 
$
316,737

 
5.1%
 
$
168,467

 
5.1%
Fabrication Services
 
274,487

 
10.0%
 
287,942

 
10.4%
 
197,843

 
10.8%
Technology
 
147,782

 
38.4%
 
128,643

 
32.4%
 
100,333

 
28.8%
Capital Services
 
81,353

 
3.7%
 
46,923

 
2.8%
 
—

 
—%
Total operating groups
 
1,022,293

 
7.9%
 
780,245

 
7.0%
 
466,643

 
8.5%
Acquisition and integration related costs
 
(39,685
)
 
 
 
(95,737
)
 
 
 
(11,000
)
 
 
Total income from operations
 
$
982,608

 
7.6%
 
$
684,508

 
6.2%
 
$
455,643

 
8.3%