<PAGE>
1996
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K405/A
(Mark One)
X AMENDMENT TO ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For fiscal year ended DECEMBER 31, 1996
-----------------
OR
_ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the Transition period from to
---------------- ---------------
Commission File Number 1-4601
SCHLUMBERGER N.V. (SCHLUMBERGER LIMITED)
----------------------------------------
(Exact name of registrant as specified in its charter)
NETHERLANDS ANTILLES 52-0684746
- --------------------------------- ----------
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
277 PARK AVENUE
NEW YORK, NEW YORK, U.S.A. 10172-0266
42, RUE SAINT DOMINIQUE
PARIS, FRANCE 75007
LAAN VAN MEERDERVOORT 55,
THE HAGUE,
THE NETHERLANDS 2517 AG
- ----------------------- -------------
(Addresses of principal (Zip Codes)
executive offices)
Registrant's telephone number in the United States, including area code, is:
(212) 350-9400.
(Cover page 1 of 2 pages)
<PAGE>
Securities registered pursuant to Section 12(b) of the Act:
Name of each exchange on
Title of each class which registered
- ------------------- ---------------------------
COMMON STOCK, PAR VALUE $0.01 NEW YORK STOCK EXCHANGE
PARIS STOCK EXCHANGE
THE LONDON STOCK EXCHANGE
AMSTERDAM STOCK EXCHANGE
BRUSSELS STOCK EXCHANGE
FRANKFURT STOCK EXCHANGE
SWISS STOCK EXCHANGE
TOKYO STOCK EXCHANGE
Securities registered pursuant to Section 12 (g) of the Act:
NONE
Indicate by check mark whether Registrant (1) has filed all reports required to
be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the Registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
YES X NO
-- --
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K.
[X]
As of FEBRUARY 24, 1997, the aggregate market value of the voting stock held by
non-affiliates, calculated on the basis of the closing price on the NYSE
Composite Tape, was $25,137,762,086.50.
As of FEBRUARY 24, 1997, Number of Shares of Common Stock Outstanding:
246,738,929.
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the following documents have been incorporated herein by reference
into the Parts indicated:
DEFINITIVE PROXY STATEMENT FOR THE ANNUAL GENERAL MEETING OF
STOCKHOLDERS TO BE HELD APRIL 9, 1997 ("PROXY STATEMENT") PART III.
(Cover page 2 of 2 pages)
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this 10-K405/A report to be signed
on its behalf by the undersigned, thereunto duly authorized.
SCHLUMBERGER LIMITED
Date: May 2, 1997 By : /s/ Arthur Lindenauer
---------------------
Arthur Lindenauer
Executive Vice President -
Finance; Chief Financial Officer
and Chief Accounting Officer
Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of the Registrant and
in the capacities and on the dates indicated.
Name Title
- ----------------------------- --------------------------
*
_____________________________ Director, Chairman, President
D. Euan Baird and Chief Executive Officer
/s/ Arthur Lindenauer Executive Vice President
- ----------------------------- Finance; Chief Financial Officer
Arthur Lindenauer and Chief Accounting Officer
*
_____________________________ Director
Don E. Ackerman
*
_____________________________ Director
Denys Henderson
*
_____________________________ Director
Andre Levy-Lang
*
_____________________________ Director
William T. McCormick, Jr.
50
<PAGE>
Name Title
- ----------------------------- --------------------------
*
_____________________________ Director
Didier Primat
*
_____________________________ Director
Sven Ullring
*
_____________________________ Director
Nicolas Seydoux
*
_____________________________ Director
Linda G. Stuntz
*
_____________________________ Director
Eiji Umene
/s/ David S. Browning May 2, 1997
- -----------------------------
* By David S. Browning
Attorney-in-Fact
51
<PAGE>
<TABLE>
<CAPTION>
INDEX TO EXHIBITS Exhibit Page
<S> <C> <C>
Deed of Incorporation as last amended
on May 21, 1987, incorporated by reference
to Exhibit 3 to Form 10-K for 1992 3 -
By-Laws as last amended on October 20, 1993,
incorporated by reference to Exhibit 3 to
Form 10-K for 1993 3 -
Schlumberger 1994 Stock Option Plan,
as amended, incorporated by reference to
Exhibit 10(a) to Form 10-K for year 1995 10(a) -
Schlumberger Limited Supplementary Benefit Plan,
as amended, on January 1, 1995 10(b) 53
Schlumberger 1989 Stock Incentive Plan, as
amended, incorporated by reference to
Exhibit 10(c) to Form 10-K for year 1995 10(c) -
Schlumberger 1979 Stock Incentive Plan, as
amended, incorporated by reference to Exhibit
10(c) to Annual Report 10-K filed for year 1992 10(d) -
Schlumberger 1979 Incentive Stock Option Plan,
as amended, incorporated by reference to Exhibit
10(d) to Annual Report 10-K filed for year 1992 10(e) -
Schlumberger Restoration Savings Plan,
incorporated by reference to Exhibit 10(f) to
Form 10-K for year 1995 10(f) -
Subsidiaries 21 77
Consent of Independent Accountants 23 78
Powers of Attorney dated January 24, 1997: 24
D. Euan Baird (a) 79
Don E. Ackerman (b) 80
Denys Henderson (c) 81
Andre Levy-Lang (d) 82
William T. McCormick, Jr. (e) 83
Didier Primat (f) 84
Nicolas Seydoux (g) 85
Linda G. Stuntz (h) 86
Sven Ullring (i) 87
Eiji Umene (j) 88
Additional Exhibits:
Financial Data Schedule 27 90
Form S-8 Undertakings 99 89
</TABLE>
52
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-K
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<CASH> 1,358,948
<SECURITIES> 0
<RECEIVABLES> 2,319,072
<ALLOWANCES> (58,981)
<INVENTORY> 938,974
<CURRENT-ASSETS> 5,042,617
<PP&E> 9,577,749
<DEPRECIATION> (6,219,168)
<TOTAL-ASSETS> 10,325,051
<CURRENT-LIABILITIES> 3,474,410
<BONDS> 0
0
0
<COMMON> 818,803
<OTHER-SE> 4,807,577
<TOTAL-LIABILITY-AND-EQUITY> 10,325,051
<SALES> 2,428,409
<TOTAL-REVENUES> 9,025,665
<CGS> 1,704,462
<TOTAL-COSTS> 6,835,444
<OTHER-EXPENSES> 1,442,395
<LOSS-PROVISION> 27,036
<INTEREST-EXPENSE> 72,020
<INCOME-PRETAX> 7,998,505
<INCOME-TAX> (175,677)
<INCOME-CONTINUING> 8,174,182
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 8,174,182
<EPS-PRIMARY> 3.47
<EPS-DILUTED> 3.47
</TABLE>
