ࡱ;   !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~Root Entry  \pCalc Ba=: =@ 8X@"1Calibri1Arial1Arial1Arial1Calibri General;6_(\$* #,##0.00_);_(\$* \(#,##0.00\);_(\$* \-??_);_(@_)'""($"#,##0.00_);[RED]"($"#,##0.00\) #,##0.00#\(#,##0.00_);[RED]\(#,##0.00\)!"($"#,##0_);[RED]"($"#,##0\)3._(\$* #,##0_);_(\$* \(#,##0\);_(\$* \-_);_(@_) #,##0\(#,##0_);[RED]\(#,##0\)                + ) , *   (  " "   # # # # ( "8 #4 #4 #4 #4 #8 (8 *8 #4 #4 #4 #4 `,technipfmc plc.current reportb1current report-13not applicable5 signatures!V8reconciliation of us gaap$<reconciliation of us gaap -1$Areconciliation of us gaap -2$Ereconciliation of us gaap -3$Hreconciliation of us gaap -4$Lreconciliation of us gaap -5$dOreconciliation of us gaap -6|Scontacts"Ucondensed consolidated staebusiness segment datavbusiness segment data-1~business segment data-2"condensed consolidated bal$condensed consolidated sta-1! reconciliation of gaap to$Ъreconciliation of gaap to -1$Zreconciliation of gaap to -2$reconciliation of gaap to -3$reconciliation of gaap to -4$reconciliation of gaap to -5$reconciliation of gaap to -6$^reconciliation of gaap to -7$breconciliation of gaap to -8$-reconciliation of gaap to -9T:2t     3  @@  aTechnipfmc PLCCURRENT REPORTEngland and Wales 001-37983 98-1283037.(State or other jurisdiction of incorporation)(Commission File Number)$(I.R.S. Employer Identification No.)/One St. Paul s ChurchyardLondon, United KingdomEC4M 8AP((Address of principal executive offices) (Zip Code)Not Applicable SIGNATURESBy: /s/ Maryann T. MannenDated: February 21, 2018Name: Maryann T. Mannen@Title: Executive Vice President and Chief Financial OfficermReconciliation of U.S. GAAP to non-GAAP financial measures are detailed below and in the financial schedules.'(In millions, except per share amounts)#Three Months EndedDecember 31, 2017/Three Months Ended December 31, 2016(Pro Forma)ChangeRevenue(15.9%)Net income (loss)(53.0%) EPS (loss)Adjusted EBITDA9.0%Adjusted EBITDA margin15.6%12.0%360 bps)Net income, excluding charges and credits*Diluted EPS, excluding charges and creditsInbound ordersBacklog$Twelve Months EndedDecember 31, 20170Twelve Months Ended December 31, 2016(Pro Forma)(21.0%) Net income(70.0%) Diluted EPSn/m13.5%10.6%290 bps (In millions).Three Months EndedDecember 31, 2016(Pro Forma)(36.2%)Operating profit(53.9%)(38.3%)18.9%19.6%(70 bps)BEstimated Backlog Scheduling as of December 31, 2017 (In millions)Subsea201820192020 and beyondTotal/Three Months EndedDecember 31, 2016 (Pro Forma)(2.0%)Operating profit (loss)118.8%14.6%6.5%810 bpsOnshore/Offshore22.6%333.1%20.4%5.8%1,460bpsContactsInvestor relationsMatt SeinsheimerVice President Investor RelationsTel: +1 281 260 3665Email: Matt SeinsheimerPhillip LindsayDirector Investor Relations (Europe)Tel: +44 (0) 20 3429 3929Email: Phillip LindsayMedia relationsChristophe BelorgeotVice President Corporate CommunicationsTel: +33 1 47 78 39 92 Email: Christophe Belorgeot Delphine NayralManager Public RelationsTel: +33 1 47 78 34 83Email: Delphine Nayral+CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)Three Months EndedTwelve Months Ended December 3120172016Costs and expensesOther income (expense), net3Income before net interest expense and income taxesNet interest expenseIncome before income taxesProvision for income taxes1Net loss attributable to noncontrolling interests)Net income attributable to Ģtv plc2Earnings per share attributable to Ģtv plc:BasicDiluted$Weighted average shares outstanding:BUSINESS SEGMENT DATASurface Technologies +Other revenue and intercompany eliminationsSegment operating profit (loss)Total segment operating profitCorporate itemsCorporate expense, net (1)Interest expenseTotal corporate items"Net income before income taxes (2)(1)Corporate expense, net primarily includes corporate staff expenses, stock-based compensation expenses, other employee benefits, certain foreign exchange gains and losses, and merger-related transaction expenses.(2)Includes amounts attributable to noncontrolling interests.Inbound Orders(1)Total inbound ordersOrder Backlog(2)Total order backlogy(1)Inbound orders represent the estimated sales value of confirmed customer orders received during the reporting period.z(2)Order backlog is calculated as the estimated sales value of unfilled, confirmed customer orders at the reporting date.%CONDENSED CONSOLIDATED BALANCE SHEETSDecember31, 2017December31, 2016Cash and cash equivalentsTrade receivables, netCosts in excess of billingsInventories, netOther current assetsTotal current assets"Property, plant and equipment, netGoodwillIntangible assets, net Other assets Total assets5Short-term debt and current portion of long-term debtAccounts payable, tradeAdvance paymentsBillings in excess of costsOther current liabilitiesTotal current liabilities$Long-term debt, less current portionOther liabilities#TechnipFMC plc stockholders equityNoncontrolling interestsTotal liabilities and equity/CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS1Cash provided (required) by operating activities:Depreciation and amortization>Trade accounts receivable, net and costs in excess of billings0Advance payments and billings in excess of costsOther)Net cash provided by operating activities1Cash provided (required) by investing activities:Capital expenditures7Cash acquired in merger of Technip and FMC Technologies4Net cash provided (required) by investing activities1Cash provided (required) by financing activities:Net increase (decrease) in debtDividends paid)Net cash required by financing activitiesHEffect of changes in foreign exchange rates on cash and cash equivalents0Increase (decrease) in cash and cash equivalents.Cash and cash equivalents, beginning of period(Cash and cash equivalents, end of period5RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURESDecember 31, 2017:Net (income) loss attributable to noncontrolling interestsFIncome before net interest expense and income taxes (Operating profit)ZEarnings before net interest expense, income taxes, depreciation and amortization (EBITDA)Ģtv plc, as reportedCharges and (credits):Impairment and other charges)Restructuring and other severance charges6Business combination transaction and integration costsChange in accounting estimate%Purchase price accounting adjustments Tax reformAdjusted financial measuresPro Forma Three Months EndedDecember 31, 20167(including legacy FMC Technologies and PPA adjustments)Ģtv plc, as pro formaPro Forma Twelve Months Ended (after-tax)6Net income attributable to Ģtv plc, as reported Impairment and other charges (1)-Restructuring and other severance charges (2):Business combination transaction and integration costs (3)!Change in accounting estimate (4))Purchase price accounting adjustments (5)Tax reform (6)2Adjusted net income attributable to Ģtv plc7Diluted EPS attributable to Ģtv plc, as reported3Adjusted diluted EPS attributable to Ģtv plc(1) Tax effect of $7 million and $(3) million during the three months ended and $10 million and $12 million during the twelve months ended December 31, 2017 and 2016, respectively.(2) Tax effect of $43 million and $83 million during the three months ended and $61 million and $103 million during the twelve months ended December 31, 2017 and 2016, respectively.(3) Tax effect of $4 million and $21 million during the three months ended and $38 million and $31 million during the twelve months ended December 31, 2017 and 2016, respectively.(4) Tax effect of nil and nil during the three months ended and $6 million and nil during the twelve months ended December 31, 2017 and 2016, respectively.(5) Tax effect of $4 million and nil during the three months ended and $56 million and nil during the twelve months ended December 31, 2017 and 2016, respectively.(6) Tax effect of $138 million and nil during the three months ended and $138 million and nil during the twelve months ended December 31, 2017 and 2016, respectively.Corporate and Other'Operating profit, as reported (pre-tax)@Purchase price accounting adjustments - non-amortization related<Purchase price accounting adjustments - amortization relatedSubtotalAdjusted Operating profit&Adjusted Depreciation and amortization$Operating profit margin, as reported5.2%12.7%14.3%7.9% Adjusted Operating profit margin11.7%14.0%16.8%12.4%Revenue, as pro forma(Operating profit (pre-tax), as pro forma%Operating profit margin, as pro forma7.2%(2.7)%(1.7(0.511.5%5.4%1.4%7.4%7.8%10.3%6.9%12.8%13.2%10.4%19.1%11.1%17.2%10.7%2.1%(9.73.6%13.8%4.8%0.2%7.7%18.6%5.6%Net cash cc   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