Exhibit 99.1
Amec Foster Wheeler Energy Limited
Condensed Financial Statements
The information below is based on the information retrieved from the website of Companies House in the United Kingdom, and is available at: https://www.gov.uk/government/organisations/companies-house. The document is titled “Full accounts made up to 31 December 2015”.
| Profit and loss account for the year ended December 31, 2015 and 2014 (in £ 000’s) | 2015 | 2014 | ||||||
| Continuing operations | ||||||||
| Revenue | £ | 243,156 | £ | 425,097 | ||||
| Gross profit / (loss) | 55,825 | (28,975 | ) | |||||
| Operating profit / (loss) | 23,727 | (51,777 | ) | |||||
| Profit / (loss) for the year | 36,547 | (76,057 | ) | |||||
| Balance Sheet as of December 31, 2015 and 2014 (in £ 000’s) | ||||||||
| Fixed assets | £ | 6,474 | £ | 6,994 | ||||
| Current assets | 274,736 | 261,177 | ||||||
| Creditors - amounts falling due within one year | (172,624 | ) | (208,704 | ) | ||||
| Total assets less current liabilities | 108,586 | 59,467 | ||||||
| Creditors - amounts falling due after more than one year | (11,971 | ) | (11,821 | ) | ||||
| Deferred taxation liabilities | - | (6,744 | ) | |||||
| Provisions for liabilities and charges | (24,280 | ) | (52,131 | ) | ||||
| Retirement benefit asset | 47,017 | 37,469 | ||||||
| Net assets | 119,352 | 26,240 | ||||||
| Total equity | 119,352 | 26,240 | ||||||