Investor News Story Spectrum ASA: 2nd Quarter 2018 Financial Results (2018-08-17T07:00:00 CET) Summary Q2 and 6 months -18 (segment reporting using APMs) SPECTRUM GROUP Quarter Quarter 6 months 6 months 12 Months ended ended ended ended ended 30.06.18 30.06.17 30.06.18 30.06.17 31.12.17 (USD 1000) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Segment revenue 23 462 30 403 50 373 55 727 118 850 Segment EBIT (1 969) (619) (2 637) (3 326) (16 037) Segment Net Profit / (Loss) (4 416) (2 983) (581) (6 703) (26 843) Cash flow from operating activities 22 653 24 774 53 273 60 334 99 400 Investment in Multi-Client library 15 563 31 331 37 799 58 611 82 359 Segment Multi-Client Net book value 173 315 205 105 173 315 205 105 169 408 Cash and cash equivalents 26 710 6 859 26 710 6 859 14 155 Q2 Highlights - Late sales in the quarter of MUSD 14.1 (2017: MUSD 8.2)- Segment early sale on Multi-Client investments in the quarter was MUSD 9.3 (2017: MUSD 22.2), primarily related to the Mozambique, Argentina and Otway surveys- Multi-Client investments were MUSD 15.6 with 60% prefunding rate (2017: MUSD 31.3 with 71% prefunding)- Gross Multi-Client investments were MUSD 30.4 (2017: MUSD 39.8)- Operational cash flow in Q2 was MUSD 22.7 (2017: MUSD 24.8) 6 Months Highlights - Late sales YTD of MUSD 27.2 (2017: MUSD 18.1)- Segment early sale on Multi-Client investments was MUSD 23.1 (2017: MUSD 37.5), substantial part related to Mozambique, Argentina and Otway surveys- Multi-Client investments were MUSD 37.8 with 61% prefunding rate (2017: MUSD 58.6 with 64% prefunding)- Gross Multi-Client investments were MUSD 81.6 (2017: MUSD 75.8)- Operational cash flow was MUSD 53.3 (2017: MUSD 60.3) This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Q2 18 Earnings Release pdfQ2 18 presentation pdf