新奥股份：Santos2018年年度报告全文.PDF

1、Annual Report 2018Energy for the futureCONTENTS1 About Santos2 Financial Overview4 Message from the Chairman and from the Managing Director and Chief Executive Officer8 Board of Directors10 Santos Executive Committee12 Reserves Statement16 Directors Report31 Remuneration Report58 Financial Report129

2、 Directors Declaration130 Independent Auditors Report135 Auditors Independence Declaration136 Securities Exchange and Shareholder Information138 Glossary139 Corporate DirectoryThis 2018 Annual Report is a summary of Santos operations,activities and financial position as at 31 December 2018.All refer

3、ences to dollars,cents or$in this document are toUScurrency,unless otherwise stated.An electronic version of this report is available on Santos website, Santos Corporate Governance Statement can be viewed at: Cover images clockwise from left:Varanus Island gas hub,WA Ningaloo Vision FPSO,WA Devil Cr

4、eek gas hub,WASantos Limited ABN 80 007 550 923Santos Annual Report 2018/1An Australian energy pioneerSantos is an Australian natural gas company.Established in 1954,the Companys purpose is toprovide sustainable returns for our shareholders bysupplying reliable,affordable and cleaner energy to impro

5、ve the lives of people in Australia and Asia.Five core long-life natural gas assets sit at the heart of a clear and consistent strategy to Transform,Build and Grow the business:Western Australia,the Cooper Basin,Queensland&NSW,Northern Australia and Papua New Guinea.Each core asset provides stable p

6、roduction,long-term revenue streams and significant upside opportunities.With one of the largest exploration and production acreages in Australia,a significant and growing footprint in Papua New Guinea and a strategic infrastructure position,Santos is well positioned to benefit from the growing glob