Sound financial management is crucial to planning and executing our strategy of steady, long-term growth.
Perenco's performance has remained strong for more than a decade, generating substantial increases in asset value.
2007 and 2008 marked a record across all financial indicators. Growth was achieved through acquisitions and investments funded largely from cash generated by operations.
At the end of 2008, Perenco possessed significant cash reserves and minimal debt, enabling the company to pursue continued growth. A strong overall balance sheet left Perenco in an excellent position to finance significant acquisitions and investments.
Perenco's accounts are audited annually by Deloitte & Touche, London.