2003 Annual Report
 
 
   
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  Directors and Officers

  Corporate Information

Print friendly pdf of Form 10-K Part II
Part II

  Item 8    Notes to Consolidated Financial Statements
 
9.   Securitization

In September 2000, a wholly owned subsidiary of Schlumberger entered into an agreement to sell, on an ongoing basis, up to $220 million of an undivided interest in its accounts receivable, and subsequently amended up to $250 million. The amount of receivables sold under this agreement totaled $224 million at December 31, 2003 and $155 million at December 31, 2002. Unless extended by amendment, the agreement expires in September 2004.
 


 
  Go to Part II, Item 8, Notes: 10. Inventory