Net profit margin for 2009 unrestated & 2010 unrestated = net income before no controlling interest, equity income, and non rec recurring items / net sales each year separately

net profit margin calculation for 2009 (unrestated) and 2010 unrestated

profit margin calculation for 2009 from the first financial statements again profit margin calculation for 2010 from the second financial statements

le of Contents WEATHERFORD INTERNATIONAL LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME I Year Ended December 31 2009 2008 2007 (In thousands, except per share amounts) Revenues: Products $ 2,921,174 S3,564,636 $2,983,427 Services 5.905,759 6,035,928 4,848,635 8,826,933 9,600,564 Costs and Expenses 7.832,062 Cost of Products 2.311,068 2,555,965 Cost of Services 2,087,296 4,152,268 3,686,495 2,970,314 Research and Development 194,650 192,659 169,317 Selling, General and Administrative Attributable to Segments 1,241.920 1,081,165 850,359 Corporate General and Administrative 223,172 187,075 Gain on Sale of Subsidiary 130,440 (81,344) 8,123,078 7,622,015 6,207,726 Operating Income 703,855 1,978,549 1,624,336 Other Income (Expense): Interest Expense, Net (366,748 (243,679) (171,281) Other, Net (37,633) (44,956) (8,569) Income from Continuing Operations Before Income Taxes 299,474 1,689,914 1,444,486 Provision for Income Taxes (19,549) (249,561) (332,760) Income from Continuing Operations, Net of Taxes 279,925 1,440,353 1,111,726 Loss from Discontinued Operation, Net of Taxes (12.928) (21,369) Net Income 279,925 1,427.425 1,090,357 Net Income Attributable to Noncontrolling Interests (26,159) (34,272) (19,751) Net Income Attributable to Weatherford S 253.766 $ 1,393,153 $ 1,070,606 Basic Earnings Per Share Attributable to Weatherford: Income from Continuing Operations S 0.35 S 2.06 $ 1.61 Loss from Discontinued Operation (0.02) (0.03 Net Income S s 2.04 $ 1.58 Diluted Earnings Per Share Attributable to Weatherford: Income from Continuing Operations S 0.35 $ 2.01 $ 1.57 Loss from Discontinued Operation (0.02) (0.03) Net Income S 0.35 $ 1.99 $ 1.54 Amounts Attributable to Weatherford: Income from Continuing Operations, Net of Taxes $ 253,766 $ 1,406,081 $ 1,091,975 Loss from Discontinued Operation, Net of Taxes (12,928) (21,369) Net Income $ 253,766 $ 1,393,153 $ 1,070,606 Weighted Average Shares Outstanding: 714,981 682,704 677,032 Diluted 723,449 698,178 695,516 The accompanying notes are an integral part of these consolidated financial statements. 035 Basic 42 Table of Contents WEATHERFORD INTERNATIONAL LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME 2010 Year Ended December 31, 2009 (Restated) (In thousands, except per share amounts) 2008 (Restated) 3,564,636 6,035,928 9,600,564 2,577,254 3,687,520 192,659 1,081,032 188,275 (81,344) 7,645,396 1,955,168 (243,679) (44,956 ) 1,666,533 (372,837) Revenues: Products $ 3,579,681 S 2,921,174 $ Services 6,641,116 5,911.831 10,220,79 7 8,833,005 Costs and Expenses: Cost of Products 2,634,666 2,307,731 Cost of Services 4,948,615 4,154,911 Research and Development 214,481 94,650 Selling, General and Administrative Attributable to Segments 1,404,421 1.261,377 Corporate General and Administrative 237,161 226,472 Gain on Sale of Subsidiary 9.439,344 8,145,141 Operating Income 781,453 687,864 Other Income (Expense) Interest Expense, Net (405,785 (366,748 Bond Tender Premium (53.973 ) Devaluation of Venezuelan Bolivar (63,859 > Other, Net (53,247 ) (37.633 Income from Continuing Operations Before Income Taxes 204,589 283,483 Provision for Income Taxes (297.721) (87.183) Income (Loss) from Continuing Operations, Net of Taxes (93.132 ) 196,300 Loss from Discontinued Operation, Net of Taxes , Net Income (Loss) (93,132 ) 196,300 Net Income Attributable to Noncontrolling Interests (14.793 ) (26,159 Net Income (Loss) Attributable to Weatherford S (107.925) $ 170,141 $ Basic Earnings Per Share Attributable to Weatherford: Income (Loss) from Continuing Operations S (0.15) S 0.24 $ Loss from Discontinued Operation Net Income (Loss) $ (0.15 $ 0.24 $ Diluted Eamings Per Share Attributable to Weatherford: Income (Loss) from Continuing Operations S (0.15) S 0.24 $ Loss from Discontinued Operation Net Income (Loss) $ (0.15) $ 0.24 S Amounts Attributable to Weatherford: Income (Loss) from Continuing Operations, Net of Taxes s (107,925) $ $ 170,141 s Loss from Discontinued Operation, Net of Taxes Net Income (Loss) $ (107.925 $ 170,141 S Weighted Average Shares Outstanding: Basic 743,125 714,981 Diluted 743,125 723,449 The accompanying notes are an integral part of these consolidated financial statements. 47 1,293,696 (12,928) 1,280,768 (34.272) 1.246,496 1.84 (0.02 ) 1.82 1.80 (0.02 ) 1.78 1,259,424 (12.928 1,246,496 682,704 698,178 le of Contents WEATHERFORD INTERNATIONAL LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME I Year Ended December 31 2009 2008 2007 (In thousands, except per share amounts) Revenues: Products $ 2,921,174 S3,564,636 $2,983,427 Services 5.905,759 6,035,928 4,848,635 8,826,933 9,600,564 Costs and Expenses 7.832,062 Cost of Products 2.311,068 2,555,965 Cost of Services 2,087,296 4,152,268 3,686,495 2,970,314 Research and Development 194,650 192,659 169,317 Selling, General and Administrative Attributable to Segments 1,241.920 1,081,165 850,359 Corporate General and Administrative 223,172 187,075 Gain on Sale of Subsidiary 130,440 (81,344) 8,123,078 7,622,015 6,207,726 Operating Income 703,855 1,978,549 1,624,336 Other Income (Expense): Interest Expense, Net (366,748 (243,679) (171,281) Other, Net (37,633) (44,956) (8,569) Income from Continuing Operations Before Income Taxes 299,474 1,689,914 1,444,486 Provision for Income Taxes (19,549) (249,561) (332,760) Income from Continuing Operations, Net of Taxes 279,925 1,440,353 1,111,726 Loss from Discontinued Operation, Net of Taxes (12.928) (21,369) Net Income 279,925 1,427.425 1,090,357 Net Income Attributable to Noncontrolling Interests (26,159) (34,272) (19,751) Net Income Attributable to Weatherford S 253.766 $ 1,393,153 $ 1,070,606 Basic Earnings Per Share Attributable to Weatherford: Income from Continuing Operations S 0.35 S 2.06 $ 1.61 Loss from Discontinued Operation (0.02) (0.03 Net Income S s 2.04 $ 1.58 Diluted Earnings Per Share Attributable to Weatherford: Income from Continuing Operations S 0.35 $ 2.01 $ 1.57 Loss from Discontinued Operation (0.02) (0.03) Net Income S 0.35 $ 1.99 $ 1.54 Amounts Attributable to Weatherford: Income from Continuing Operations, Net of Taxes $ 253,766 $ 1,406,081 $ 1,091,975 Loss from Discontinued Operation, Net of Taxes (12,928) (21,369) Net Income $ 253,766 $ 1,393,153 $ 1,070,606 Weighted Average Shares Outstanding: 714,981 682,704 677,032 Diluted 723,449 698,178 695,516 The accompanying notes are an integral part of these consolidated financial statements. 035 Basic 42 Table of Contents WEATHERFORD INTERNATIONAL LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME 2010 Year Ended December 31, 2009 (Restated) (In thousands, except per share amounts) 2008 (Restated) 3,564,636 6,035,928 9,600,564 2,577,254 3,687,520 192,659 1,081,032 188,275 (81,344) 7,645,396 1,955,168 (243,679) (44,956 ) 1,666,533 (372,837) Revenues: Products $ 3,579,681 S 2,921,174 $ Services 6,641,116 5,911.831 10,220,79 7 8,833,005 Costs and Expenses: Cost of Products 2,634,666 2,307,731 Cost of Services 4,948,615 4,154,911 Research and Development 214,481 94,650 Selling, General and Administrative Attributable to Segments 1,404,421 1.261,377 Corporate General and Administrative 237,161 226,472 Gain on Sale of Subsidiary 9.439,344 8,145,141 Operating Income 781,453 687,864 Other Income (Expense) Interest Expense, Net (405,785 (366,748 Bond Tender Premium (53.973 ) Devaluation of Venezuelan Bolivar (63,859 > Other, Net (53,247 ) (37.633 Income from Continuing Operations Before Income Taxes 204,589 283,483 Provision for Income Taxes (297.721) (87.183) Income (Loss) from Continuing Operations, Net of Taxes (93.132 ) 196,300 Loss from Discontinued Operation, Net of Taxes , Net Income (Loss) (93,132 ) 196,300 Net Income Attributable to Noncontrolling Interests (14.793 ) (26,159 Net Income (Loss) Attributable to Weatherford S (107.925) $ 170,141 $ Basic Earnings Per Share Attributable to Weatherford: Income (Loss) from Continuing Operations S (0.15) S 0.24 $ Loss from Discontinued Operation Net Income (Loss) $ (0.15 $ 0.24 $ Diluted Eamings Per Share Attributable to Weatherford: Income (Loss) from Continuing Operations S (0.15) S 0.24 $ Loss from Discontinued Operation Net Income (Loss) $ (0.15) $ 0.24 S Amounts Attributable to Weatherford: Income (Loss) from Continuing Operations, Net of Taxes s (107,925) $ $ 170,141 s Loss from Discontinued Operation, Net of Taxes Net Income (Loss) $ (107.925 $ 170,141 S Weighted Average Shares Outstanding: Basic 743,125 714,981 Diluted 743,125 723,449 The accompanying notes are an integral part of these consolidated financial statements. 47 1,293,696 (12,928) 1,280,768 (34.272) 1.246,496 1.84 (0.02 ) 1.82 1.80 (0.02 ) 1.78 1,259,424 (12.928 1,246,496 682,704 698,178