National Oilwell Varco 2008 Annual Report Download - page 45
Download and view the complete annual report
Please find page 45 of the 2008 National Oilwell Varco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35 -
36 -
37 -
38 -
39 -
40 -
41 -
42 -
43 -
44 -
45 -
46 -
47 -
48 -
49 -
50 -
51 -
52 -
53 -
54 -
55 -
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
 |
 |
G !! -1! .#&+ .L!!% )1! %%! &-! --!+++
!#=&:!+ )2!- !2+-)H 3!&@+--! G2!% %
&1! - +-),&&%-!,%!+!! #!!, . - & #!!,!! !%&%-)!
,# .#+)-!! -1)&-)! ! ! ,&1! =& # ! &! -
% %!1! ,--#6-#-+#-!
( %-! && +! !%!!! )G#-6&&&&!%! ).- !&!++!2
?&6--)# +#) !+! &%!&!,--E!,6.&&-.-#!. )!!&
!++!)+)6-)+%!
+;;;65
( &% -+ .,+*+! .+ 4+ &%%&+! !G!--)6-!
+ 4+ &+!- ,&&-!6 ! ! -! +! ! ! K--!, %!
!#%-! K 6 !)6K++ !%-! -6"2- !!,-- !& % -6 #-$K!!,-- !&
% -6 #- !+2+#! &!-2 ! !%2! &,#-6
! #-=&!+# ! !%&%!%!+&#%!+* 4+ #!&) 6-!% -#-& !-)
%!+!&!'---*-)!%%%!+! + &!%% +)#+-
*4%%
=&:!+ )& !%!+-! +&!!! %! -! +! ! ! &=& !-!)!=&-!
+! ! ! -&%!--!, &
C&! -!+ %!!+%-! K
C&- 1 1 % %%!K
C! ! !4!% &6!)+
=&+&!1&:!+ )!+*+ &!-!!%&!4.! &!4&- &+
!+-! .--!%,&&+&+! !%6 !+ &:!+ )! L &! !=&:!+ )
-!!!+-+&# !%&!4.* !! --%!! -*-)!%%!+ %
!4 &-! !%+ 6,-1-)#) !+ + !&+)%%%!4
! + -&).,&.!! %% .6-#-) !!%-#!.+- #!+! !&%!
+ ! 8*!9=&%! % -)+&)!%&:!+ )5+ +--)+&:!+ )5%
!
E!--).&:!+ )5+&6# ! #-) #- &! ! !%6 !!%! !%!+-!
! A! -)!% !%!+-! ! %!--! ! ! <+#. .4+
" &%% #, &+ --$!--! ! - & !!!%+ !%?H
"@+--! ! @?#--! !%! ! $ H"@+--! ! @#--! !%! ! $.6-)G&-&:!+ )
#-6&+! ! ! <+#.? %!,--! !#! #-) #- !%
!+-! ! .&%! % & &!-- % 4+ %!=&:!+ )&!
6 ! ! ! "! ! !#$!%@3#--! <+#.?
&)"
=&+ ! !%&!--#-)!%+! %!+!+! 1&:!+ )!+*4+ %6
'--!, %!!#%-! + #! ! !!!% &:!+ )5!%!-!! 6-!+ !6--
#=&!! !%&!!&6,!%&!-!--! 2 . !%&!+! . % -! ! !%
&:!+ )5!+A! 6,!%&%!.&:!+ ),--#-&!4--!, %!%!+ &!
6#-!%!-!,&!-'# -!! !%&:!+ )56 !+%!+ ! -!-!+ . ! -&).
! -!-%-6