National Oilwell Varco 2005 Annual Report Download - page 76

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9(14-(3-,2>6(3(8,-48G%$<,>>,4392.6((3+()4+0(0=,-934C2>*2-,432>>4=23)(*-*+(,3)4<(-2@12:<(3-.=,>>6(+(0*)(0=9(3-9(4<123:
*>-,<2-(>:+(2>,K(.-9(6(3(8,-48-9(.(3(-41(+2-,3/>4..(.
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-9(<(+,)23F46.+(2-,43)-48$=9,)9(@-(30(0-9()2++:84+=2+01(+,404884+(,/3-2@)+(0,-)2++:84+=2+0.,3-9(3,-(0-2-(.9(4<123:B.
0(8(++(0-2@2..(-.2+((@1()-(0-46(+(2>,K(01+,3),12>>:-9+4*/98*-*+((2+3,3/.
30,.-+,6*-(0(2+3,3/.48-9(4<123:B.84+(,/3.*6.,0,2+,(.2<4*3-(0-4G$$$<,>>,43230G&&&<,>>,432-()(<6(+230$94.(
(2+3,3/.2+()43.,0(+(0-46(1(+<23(3->:+(,3C(.-(0230341+4C,.,4384+8(0(+2>230.-2-(,3)4<(-2@(.92.6((3<20(,.-+,6*-,4348-9(.((2+3,3/.
,3-9(84+<480,C,0(30.4+4-9(+=,.()4*>0+(.*>-,3(,-9(+8(0(+2>-2@(.5.*6A()--42320A*.-<(3-84+84+(,/3-2@)+(0,-.7230=,-994>0,3/-2@(.12:26>(
,3C2+,4*.84+(,/3)4*3-+,(.(-(+<,32-,4348-9(2<4*3-48*3+()4/3,K(00(8(++(0,3)4<(-2@>,26,>,-:,.34-1+2)-,)2>J94=(C(+*3+()4/3,K(084+(,/3
-2@)+(0,-)2++:84+=2+0.=4*>06(2C2,>26>(-4+(0*)(.4<(14+-,4348-9(>,26,>,-:,-994>0,3/-2@(.48211+4@,<2-(>:G<,>>,43=4*>06(12:26>(
*143+(<,--23)(482>>1+(C,4*.>:*3+(<,--(0(2+3,3/.2-()(<6(+
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