ATWOOD OCEANICS INC - FORM 8-K - EX-99.4 - CONDENSED BALANCE SHEET

file	filename
8-K - 8K 1ST QTR EARNINGS - ATWOOD OCEANICS INC	f8kfebruary22011.htm
EX-99.2 - CONSOLIDATED STATEMENTS - ATWOOD OCEANICS INC	exh99_2.htm
EX-99.1 - PRESS RELEASE - ATWOOD OCEANICS INC	exh99_1.htm
EX-99.3 - ANALYSIS REVENUES AND DRILLING COST - ATWOOD OCEANICS INC	exh99_3.htm

EXHIBIT 99.4



ATWOOD OCEANICS, INC. AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

	DECEMBER 31,		SEPTEMBER 30,
	2010		2010
ASSETS

CURRENT ASSETS:
Cash and cash equivalents	$	200,209	$	180,523
Accounts receivable		99,409		96,463
Income tax receivable		7,266		16,052
Inventories of materials and supplies		50,950		52,749
Deferred tax assets		-		-
Prepaid expenses and deferred costs		12,191		14,207
Total Current Assets		370,025		359,994

NET PROPERTY AND EQUIPMENT		1,478,905		1,343,961

LONG TERM ASSETS:
Other receivables		15,799		15,799
Deferred costs and other assets		6,675		4,686
		22,474		20,485
	$	1,871,404	$	1,724,440

LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES:
Accounts payable	$	32,660	$	37,192
Accrued liabilities		30,470		25,368
Income tax payable		28,501		26,367
Deferred credits		24,970		4,533
Total Current Liabilities		116,601		93,460

LONG-TERM DEBT		300,000		230,000

LONG TERM LIABILITIES:
Deferred income taxes		10,639		10,845
Deferred credits		658		2,919
Other		17,367		17,082
		28,664		30,846

COMMITMENTS AND CONTINGENCIES

SHAREHOLDERS' EQUITY:
Preferred stock, no par value;
1,000 shares authorized, none outstanding		-		-
Common stock, $1 par value, 90,000 shares
authorized with 64,631 and 64,443 issued
and outstanding at December 31, 2010
and September 30, 2010, respectively		64,631		64,443
Paid-in capital		136,062		133,095
Retained earnings		1,225,446		1,172,596
Total Shareholders' Equity		1,426,139		1,370,134
	$	1,871,404	$	1,724,440

ATWOOD OCEANICS INC - FORM 8-K - EX-99.4 - CONDENSED BALANCE SHEET - February 2, 2011