• Print-friendly Annual Report:       English (size 912 KB)                         Part I     Part II     • Market for Schlumberger’s Common Stock and Related Stockholder Matters     • Selected Financial Data     • Management’s Discussion and Analysis of Financial Condition and Results of Operations     • Quantitative and Qualitative Disclosures About Market Risk     • Financial Statements and Supplementary Data       Consolidated Statement of Income       Consolidated Balance Sheet       Consolidated Statement of Cash Flow       Consolidated Statement of Stockholders' Equity       Shares of Common Stock       Notes to Consolidated Financial Statements       Report of Independent Auditors     Quarterly Results     • Changes in and Disagreements with Accountants on Account and Financial Disclosures     • Controls and Procedures     Part III     Part IV		Print friendly pdf of Form 10-K Part II Part II   Item 8    Quarterly Results (UNAUDITED)   The following table summarizes Schlumberger’s results for each of the four quarters for the years ended December 31, 2003 and 2002. Revenue and Gross margin, which equals operating revenue less cost of goods sold and services, has been restated to exclude discontinued operations. (Stated in millions except per share amounts)           Gross   Net   Earnings per share6     Revenue   Margin   Income   Basic   Diluted   Quarters-2003                               First $ 3,263   $ 662   $ 149   $ 0.26   $ 0.26   Second1   3,485     727     112     0.19     0.19   Third2   3,474     325     (55 )   (0.09 )   (0.09 ) Fourth3   3,671     759     177     0.30     0.30     $ 13,893   $ 2,473   $ 383   $ 0.66   $ 0.66   Quarters-2002                               First4 $ 3,167   $ 660   $ 172   $ 0.30   $ 0.30   Second   3,242     706     196     0.34     0.34   Third   3,358     681     173     0.30     0.30   Fourth5   3,351     (2,455 )   (2,861 )   (4.92 )   (4.92 )   $ 13,118   $ (408 ) $ (2,320 ) $ (4.01 ) $ (4.01 )     1.   Includes debt extinguishment cost of $81 million ($0.14 per share – diluted). 2.   Includes a net, after-tax charge of $298 million ($0.49 per share – diluted). 3.   Includes a net, after-tax charge of $61 million ($0.10 per share – diluted). 4.   Includes an after-tax charge of $29 million ($0.05 per share – diluted). 5.   Includes a net, after-tax charge of $3,081 million ($5.30 per share). 6.   The addition of earnings per share by quarter may not equal total earnings per share for the year.   *    Mark of Schlumberger       Go to Part II, Item 9