Attached files

file filename
8-K - FORM 8-K - Vantage Drilling COd8k.htm
EX-99.4 - RISK FACTORS - Vantage Drilling COdex994.htm
EX-99.7 - BUSINESS - Vantage Drilling COdex997.htm
EX-99.1 - PRESS RELEASE - Vantage Drilling COdex991.htm
EX-99.6 - SELECTED HISTORICAL CONSOLIDATED FINANCIAL DATA - Vantage Drilling COdex996.htm
EX-99.3 - SUMMARY HISTORICAL CONSOLIDATED FINANCIAL AND OPERATING DATA - Vantage Drilling COdex993.htm
EX-99.8 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION - Vantage Drilling COdex998.htm
EX-99.2 - SUMMARY - RECENT DEVELOPMENTS - Vantage Drilling COdex992.htm

Exhibit 99.5


 

Capitalization

The following table sets forth our cash and cash equivalents and total capitalization as of September 30, 2009, on an actual and as adjusted basis giving effect to this offering and the application of the proceeds therefrom. This table should be read in conjunction with the sections entitled “Use of Proceeds,” “Selected Historical Consolidated Financial and Operating Data” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and our consolidated financial statements and related notes appearing elsewhere in this offering memorandum.

 

 

 

     As of September 30, 2009
     Actual    As Adjusted

Parent and non-guarantor subsidiaries:

     

Cash and cash equivalents

   $ 65,586    $ 46,486

Short-term debt

     14,152      14,152

Existing credit facility

     167,216      167,216

Aquamarine term loan

     100,373      100,373
             

Total parent and non-guarantor subsidiaries debt

     281,741      281,741

Issuer:

     

Cash and cash equivalents

          20,998

Notes offered hereby (1)

          130,950

Total parent, non-guarantor subsidiaries and issuer debt

     281,741      412,691

Total shareholders’ equity

     666,308      666,308
             

Total capitalization

   $ 948,049    $ 1,078,999
             

 

 

(Dollars in thousands)

 

(1) This amount is net of $4.0 million estimated discount.

 

37