Key Financials 2006-8  (Please Register for 2008 data)

All Financial Data in US Dollars.
Advantage Oil & Gas Ltd. Data Growth
  2006 2007 2008 2007 2008
 Corporate Financials
  Key Financials
     Summary Income Statement (mln)
       Net Sales Revenues 298.8 414.9 587.3   +38.9% +41.6%  
       EBITDA 208.9 261.9 295.6   +25.4% +12.8%  
       EBITDA (normalised) 199.9 272.3 372.4   +36.3% +36.7%  
       EBIT 38.6 8.0 14.7   -79.3% +84.1%  
       EBIT (normalised) 29.6 18.4 91.5   -37.8% +397.1%  
       EBITDAX 208.9 261.9 295.6   +25.4% +12.8%  
       Pre-tax Profit 12.6 -29.0 -27.2   n/a -6.0%  
       Net Income 44.0 -7.1 -19.4   n/a +173.1%  
       Net Income (Normalised) 38.3 -0.4 31.7   n/a n/a  
 
     Balance Sheet Items (mln)
       Gross Debt- Including Operating Leases -502.1 -786.3 -660.8   +56.6% -16.0%  
       Net (Debt) Cash - Including Operating Leases -502.1 -786.3 -660.8   +56.6% -16.0%  
       Shareholders' Funds 998.4 1,404.1 988.4   +40.6% -29.6%  
       Capital employed 1,500.6 2,190.4 1,649.2   +46.0% -24.7%  
 
     Cash Flow Items (mln)
       Operating Cash Flow 202.5 234.8 353.3   +16.0% +50.4%  
       Net Cash Flow before Financing 66.2 56.9 120.3   -14.0% +111.3%  
       Free Cash Flow 48.6 100.3 92.3   +106.1% -8.0%  
 
     Per Share Data
       EPS Reported 0.54 -0.06 -0.14   n/a +134.18%  
       EPS (Normalised) 0.47 0.00 0.23   n/a n/a  
       Dividend per Share 2.35 1.67 1.32   -29.05% -20.90%  
       Sales per Share 3.69 3.47 4.21   -6.01% +21.39%  
       EBIT per Share 0.48 0.07 0.11   -85.99% +57.90%  
       EBITDA per Share 2.58 2.19 2.12   -15.14% -3.24%  
       Operating Cash Flow per Share 2.50 1.96 2.53   -21.51% +28.99%  
       Op. Cash Flow per Share bef. working cap.changes 2.28 2.08 2.38   -8.67% +14.20%  
       Book Value per Share 12.33 11.74 7.09   -4.81% -39.64%  
 
     Key Ratios (%)
       Operating Margin 9.5% 1.4% 1.8%   -84.9% +26.8%  
       Net Margin 14.7% -1.7% -3.3%   n/a +92.9%  
       Effective Tax Rate 36.1% 75.5% 28.8%   +109.1% -61.9%  
       ROACE (pre-tax & pre non-recurring) % 2.7% 1.0% 4.8%   -63.1% +376.6%  
       Return on Equity 6.5% -0.6% -1.6%   n/a +173.5%  
       Net Debt to Equity (Inc Operating Lease) 50.3% 56.0% 66.9%   +11.3% +19.4%  
 
     Valuation Measures
       Price Earnings Ratio (x) - Historic 19.6 -149.7 -30.2   n/a -79.8%  
       Price Earnings Ratio (x) - Latest 2.2 -20.3 -8.7   n/a -57.2%  
       EV/EBITDA (x) - Historic 7.8 7.7 4.3   -1.1% -44.5%  
       EV/EBITDA (x) - Latest 2.1 1.7 1.5   -20.2% -11.1%  
       Price to Op. Cash Flow (x) - Historic 4.3 4.5 1.7   +6.3% -63.4%  
       Price to Op. Cash Flow (x) - Latest 1.1 1.0 0.6   -13.8% -33.3%  
       Dividend Yield (%) - Historic 22.1% 18.8% 31.4%   -14.9% +67.5%  
       Dividend Yield (%) - Latest 194.8% 138.2% 109.0%   -29.0% -21.1%  
       Price to Book (x) - Historic 0.9 0.8 0.6   -12.4% -22.0%  
       Price to Book (x) - Latest 0.1 0.1 0.2   +5.1% +65.7%  
       Market Capitalisation - Historic (mln) 1,123.1 1,229.2 598.0   +9.4% -51.3%  
       Market Capitalisation - Latest (mln) 224.5 224.5 224.5   +0.0% +0.0%  
       Enterprise Value - Gross - Historic (mln) 1,625.3 2,015.5 1,258.9   +24.0% -37.5%  
       Enterprise Value - Gross - Latest (mln) 438.9 438.9 438.9   +0.0% +0.0%  
       Enterprise Value - Net - Historic (mln) 1,625.3 2,015.5 1,258.9   +24.0% -37.5%  
       Enterprise Value - Net - Latest (mln) 431.2 431.2 431.2   +0.0% +0.0%