Assets

Type	Time	Amount	Unit

Revenue

Type	Start date	End date	Amount	Unit

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   <sob:StatementByExecutiveAndSupervisoryBoards contextRef="ctx-1" id="pp-value-2-1" xml:lang="en">The Board of Directors and the Executive Board have today discussed and approved the annual report ofThe Drilling Company of 1972 A/S for the financial year 1 January – 31 December 2024.The annual report has been prepared in accordance with the Danish Financial Statements Act.In our opinion, the financial statements give a true and fair view of the Company's assets, liabilities andfinancial position at 31 December 2024 and of the results of the Company's operations for the financialyear 1 January – 31 December 2024.Further, in our opinion, the Management's review gives a fair review of the matters discussed in theManagement's review.We recommend that the annual report be approved at the annual general meeting.</sob:StatementByExecutiveAndSupervisoryBoards>
   <arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements contextRef="ctx-1" id="pp-value-10" xml:lang="en">TotheshareholdersofTheDrillingCompanyof1972A/S</arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements>
   <arr:OpinionOnAuditedFinancialStatements contextRef="ctx-1" id="pp-value-11-1" xml:lang="en">WehaveauditedthefinancialstatementsofTheDrillingCompanyof1972A/Sforthefinancialyear1January–31December2024,whichcompriseincomestatement, balance sheet,statementofchangesinequityandnotes,includingaccountingpolicies.ThefinancialstatementsarepreparedinaccordancewiththeDanishFinancialStatementsAct.Inouropinion,thefinancialstatementsgiveatrueandfairviewofthefinancialpositionoftheCompanyat31December2024andoftheresultsoftheCompany'soperationsforthefinancialyear1January–31December2024inaccordancewiththeDanishFinancialStatementsAct.</arr:OpinionOnAuditedFinancialStatements>
   <arr:DescriptionOfQualificationsOfAuditedFinancialStatements contextRef="ctx-1" id="pp-value-12-1" xml:lang="en">We conducted our audit in accordance with International Standards on Auditing (ISAs) andadditionalrequirementsapplicableinDenmark.Ourresponsibilitiesunderthosestandardsandrequirementsarefurtherdescribedinthe"Auditor'sresponsibilitiesfortheauditofthefinancialstatements" section of our report. We believe that the audit evidence we have obtained issufficientandappropriatetoprovideabasisforouropinion.IndependenceWeareindependentoftheCompanyinaccordancewiththeInternationalEthicsStandardsBoardforAccountants'InternationalCodeofEthicsforProfessionalAccountants(IESBACode)andtheadditionalethicalrequirementsapplicableinDenmark,andwehavefulfilledourotherethicalresponsibilitiesinaccordancewiththeserequirementsandtheIESBACode.</arr:DescriptionOfQualificationsOfAuditedFinancialStatements>
   <arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements contextRef="ctx-1" id="pp-value-13-1" xml:lang="en">Managementisresponsibleforthepreparationoffinancialstatementsthatgiveatrueandfairview inaccordancewiththe DanishFinancial Statements ActandforsuchinternalcontrolasManagementdeterminesisnecessarytoenablethepreparationoffinancialstatementsthatarefreefrommaterialmisstatement,whetherduetofraudorerror.Inpreparingthefinancialstatements,ManagementisresponsibleforassessingtheCompany'sabilitytocontinueasagoingconcern,disclosing,asapplicable,mattersrelatedtogoingconcernand usingthe goingconcernbasis of accounting in preparing the financial statements unlessManagementeitherintendstoliquidatetheCompanyortoceaseoperations,orhasnorealisticalternativebuttodoso.</arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements>
   <arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed contextRef="ctx-1" id="pp-value-14-1" xml:lang="en">Ourobjectivesaretoobtainreasonableassuranceastowhetherthefinancialstatementsasawhole are free from material misstatement, whether due to fraud or error, and to issue anauditor'sreportthatincludesouropinion.Reasonableassuranceisahighlevelofassurance,butisnotaguaranteethatanauditconductedinaccordancewithISAsandadditionalrequirementsapplicableinDenmarkwillalwaysdetectamaterialmisstatementwhenitexists.Misstatementscanarisefromfraudorerrorandareconsideredmaterialif,individuallyorintheaggregate,theycouldreasonablybeexpectedtoinfluencetheeconomicdecisionsofuserstakenonthebasisofthefinancialstatements.AspartofanauditconductedinaccordancewithISAsandadditionalrequirementsapplicableinDenmark,weexerciseprofessionaljudgementandmaintainprofessionalscepticismthroughouttheaudit.Wealso:  Identify and assess the risks of material misstatement of the financial statements,whetherduetofraudorerror,designandperformauditproceduresresponsivetothoserisksandobtainauditevidencethatissufficientandappropriatetoprovideabasisforouropinion.Theriskofnotdetectingamaterialmisstatementresultingfromfraudishigherthanforoneresultingfromerror,asfraudmayinvolvecollusion, forgery,intentionalomissions,misrepresentationsortheoverrideofinternalcontrol.  Obtainanunderstandingofinternalcontrolrelevanttotheauditinordertodesignauditprocedures that are appropriate in the circumstances, but not forthepurposeofexpressinganopinionontheeffectivenessoftheCompany'sinternalcontrol.  Evaluate the appropriateness of accounting policies used and the reasonableness ofaccountingestimatesandrelateddisclosuresmadebyManagement.  Concludeon the appropriatenessof Management's useof the goingconcern basis ofaccounting in preparing the financial statements and, based on the audit evidenceobtained,whetheramaterialuncertaintyexistsrelatedtoeventsorconditionsthatmaycastsignificantdoubtontheCompany's ability to continueas a going concern. If weconclude thata material uncertaintyexists, weare required to draw attentionin ourauditor's report to the related disclosures in the financial statements or, if suchdisclosures are inadequate, to modify ouropinion. Our conclusions are based on theauditevidenceobtaineduptothedateofourauditor'sreport.However,futureeventsorconditionsmaycausetheCompanytoceasetocontinueasagoingconcern.  Evaluate the overallpresentation,structureand contents ofthe financialstatements,including the note disclosures, and whether the financial statements represent theunderlyingtransactionsandeventsinamannerthatgivesatrueandfairview.Wecommunicatewiththosecharged with governance regarding, among other matters, theplanned scopeandtiming of the auditand significantaudit findings,includingany significantdeficienciesininternalcontrolthatweidentifyduringouraudit.</arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed>
   <arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements contextRef="ctx-1" id="pp-value-15-1" xml:lang="en">ManagementisresponsiblefortheManagement'sreview.OuropiniononthefinancialstatementsdoesnotcovertheManagement'sreview,andwedonotexpressanyformofassuranceconclusionthereon.Inconnectionwithourauditofthefinancialstatements,ourresponsibility is to read theManagement'sreviewand,indoingso,considerwhethertheManagement'sreviewismateriallyinconsistent with the financial statements or our knowledge obtained during the audit, orotherwiseappearstobemateriallymisstated.Moreover,itisourresponsibilitytoconsiderwhethertheManagement'sreviewprovidestheinformationrequiredundertheDanishFinancialStatementsAct.Based on the work we have performed, we conclude that the Management's review is inaccordance with the financial statements and has been prepared in accordance with therequirements of the Danish Financial Statement Act. We did not identify any materialmisstatementoftheManagement'sreview.</arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements>
   <arr:SignatureOfAuditorsPlace contextRef="ctx-1" id="pp-value-16" xml:lang="en">Copenhagen</arr:SignatureOfAuditorsPlace>
   <cmn:NameOfAuditFirm contextRef="ctx-16" id="pp-value-17" xml:lang="en">EYGodkendtRevisionspartnerselskab</cmn:NameOfAuditFirm>
   <cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx-16" id="pp-value-18-1">30700228</cmn:IdentificationNumberCvrOfAuditFirm>
   <cmn:NameAndSurnameOfAuditor contextRef="ctx-16" id="pp-value-19" xml:lang="en">MikkelSthyr</cmn:NameAndSurnameOfAuditor>
   <cmn:DescriptionOfAuditor contextRef="ctx-16" id="pp-value-20" xml:lang="en">StateAuthorisedPublicAccountant</cmn:DescriptionOfAuditor>
   <cmn:IdentificationNumberOfAuditor contextRef="ctx-16" id="pp-value-21">mne26693</cmn:IdentificationNumberOfAuditor>
   <cmn:NameAndSurnameOfAuditor contextRef="ctx-2" id="pp-value-22" xml:lang="en">OleBecker</cmn:NameAndSurnameOfAuditor>
   <cmn:DescriptionOfAuditor contextRef="ctx-2" id="pp-value-23" xml:lang="en">StateAuthorisedPublicAccountant</cmn:DescriptionOfAuditor>
   <cmn:IdentificationNumberOfAuditor contextRef="ctx-2" id="pp-value-24">mne33732</cmn:IdentificationNumberOfAuditor>
   <gsd:AddressOfAuditorStreetName contextRef="ctx-16" id="pp-value-32" xml:lang="en">Dirch Passers Alle </gsd:AddressOfAuditorStreetName>
   <gsd:AddressOfAuditorStreetBuildingIdentifier contextRef="ctx-16" id="pp-value-33-1" xml:lang="en">36</gsd:AddressOfAuditorStreetBuildingIdentifier>
   <gsd:AddressOfAuditorPostCodeIdentifier contextRef="ctx-16" id="pp-value-34" xml:lang="en">2000</gsd:AddressOfAuditorPostCodeIdentifier>
   <gsd:AddressOfAuditorDistrictName contextRef="ctx-16" id="pp-value-35-1" xml:lang="en">Frederiksberg</gsd:AddressOfAuditorDistrictName>
   <gsd:AddressOfAuditorCountry contextRef="ctx-16" id="pp-value-36" xml:lang="en">Denmark</gsd:AddressOfAuditorCountry>
   <gsd:NameOfReportingEntity contextRef="ctx-1" id="pp-value-25-1" xml:lang="en">The Drilling Company of 1972 DS A/S</gsd:NameOfReportingEntity>
   <gsd:AddressOfReportingEntityStreetName contextRef="ctx-1" id="pp-value-26" xml:lang="en">Teknikerbyen</gsd:AddressOfReportingEntityStreetName>
   <gsd:AddressOfReportingEntityStreetBuildingIdentifier contextRef="ctx-1" id="pp-value-27-1" xml:lang="en">5, 2. Søllerød</gsd:AddressOfReportingEntityStreetBuildingIdentifier>
   <gsd:AddressOfReportingEntityCountryIdentificationCode contextRef="ctx-1" id="pp-value-28">DK</gsd:AddressOfReportingEntityCountryIdentificationCode>
   <gsd:AddressOfReportingEntityPostCodeIdentifier contextRef="ctx-1" id="pp-value-29" xml:lang="en">2830</gsd:AddressOfReportingEntityPostCodeIdentifier>
   <gsd:AddressOfReportingEntityDistrictName contextRef="ctx-1" id="pp-value-30-1" xml:lang="en">Virum</gsd:AddressOfReportingEntityDistrictName>
   <gsd:IdentificationNumberCvrOfReportingEntity contextRef="ctx-1" id="pp-value-31-1">40404716</gsd:IdentificationNumberCvrOfReportingEntity>
   <mrv:DescriptionOfPrimaryActivitiesOfEntity contextRef="ctx-1" id="pp-value-37-1" xml:lang="en">The Company's principal activity is directly or indirectly to conduct business within offshore drilling services. The Company may also, directly or indirectly, carry out commercial activities and other activities linked tothis, including through investments or holdings in other companies.</mrv:DescriptionOfPrimaryActivitiesOfEntity>
   <mrv:ManagementsReview contextRef="ctx-1" id="pp-value-38-1" xml:lang="en">The Company's income statement for 2024 shows a loss of USD 295,237 thousand as against a loss of USD557,720 thousand in 2023. The result is impacted by impairment on investment of USD 265,391 thousandin 2024 and USD 546,942 thousand in 2023 due to underlying poor performance. Equity in the Company'sbalance sheet at 31 December 2024 stood at USD 2,688,136 thousand as against USD 2,120,203 thousandat 31 December 2023. While the financial result is unsatisfactory, it aligns with our expectations.Events after the balance sheet dateThere have been no events after the end of the financial year that could significantly affect the company's financial position.</mrv:ManagementsReview>
   <fsa:Revenue contextRef="ctx-1"
                decimals="-3"
                id="f0__s1__3__5"
                unitRef="usd">5312000</fsa:Revenue>
   <fsa:Revenue contextRef="ctx-3"
                decimals="-3"
                id="f0__s1__4__5"
                unitRef="usd">605000</fsa:Revenue>
   <fsa:OtherExternalExpenses contextRef="ctx-1"
                              decimals="-3"
                              id="f0__s1__3__6"
                              unitRef="usd">5169000</fsa:OtherExternalExpenses>
   <fsa:OtherExternalExpenses contextRef="ctx-3"
                              decimals="-3"
                              id="f0__s1__4__6"
                              unitRef="usd">1020000</fsa:OtherExternalExpenses>
   <fsa:GrossProfitLoss contextRef="ctx-1"
                        decimals="-3"
                        id="f0__s1__3__7"
                        unitRef="usd">143000</fsa:GrossProfitLoss>
   <fsa:GrossProfitLoss contextRef="ctx-3"
                        decimals="-3"
                        id="f0__s1__4__7"
                        unitRef="usd">-415000</fsa:GrossProfitLoss>
   <fsa:DepreciationAmortisationExpenseAndImpairmentLossesOfPropertyPlantAndEquipmentAndIntangibleAssetsRecognisedInProfitOrLoss contextRef="ctx-1"
                                                                                                                                 decimals="-3"
                                                                                                                                 id="f0__s1__3__8"
                                                                                                                                 unitRef="usd">265391000</fsa:DepreciationAmortisationExpenseAndImpairmentLossesOfPropertyPlantAndEquipmentAndIntangibleAssetsRecognisedInProfitOrLoss>
   <fsa:DepreciationAmortisationExpenseAndImpairmentLossesOfPropertyPlantAndEquipmentAndIntangibleAssetsRecognisedInProfitOrLoss contextRef="ctx-3"
                                                                                                                                 decimals="-3"
                                                                                                                                 id="f0__s1__4__8"
                                                                                                                                 unitRef="usd">546942000</fsa:DepreciationAmortisationExpenseAndImpairmentLossesOfPropertyPlantAndEquipmentAndIntangibleAssetsRecognisedInProfitOrLoss>
   <fsa:ProfitLossFromOrdinaryOperatingActivities contextRef="ctx-1"
                                                  decimals="-3"
                                                  id="f0__s1__3__9"
                                                  unitRef="usd">-265248000</fsa:ProfitLossFromOrdinaryOperatingActivities>
   <fsa:ProfitLossFromOrdinaryOperatingActivities contextRef="ctx-3"
                                                  decimals="-3"
                                                  id="f0__s1__4__9"
                                                  unitRef="usd">-547357000</fsa:ProfitLossFromOrdinaryOperatingActivities>
   <fsa:OtherFinanceIncome contextRef="ctx-1"
                           decimals="-3"
                           id="f0__s1__3__10"
                           unitRef="usd">23359000</fsa:OtherFinanceIncome>
   <fsa:OtherFinanceIncome contextRef="ctx-3"
                           decimals="-3"
                           id="f0__s1__4__10"
                           unitRef="usd">33339000</fsa:OtherFinanceIncome>
   <fsa:OtherFinanceExpenses contextRef="ctx-1"
                             decimals="-3"
                             id="f0__s1__3__11"
                             unitRef="usd">65192000</fsa:OtherFinanceExpenses>
   <fsa:OtherFinanceExpenses contextRef="ctx-3"
                             decimals="-3"
                             id="f0__s1__4__11"
                             unitRef="usd">48921000</fsa:OtherFinanceExpenses>
   <fsa:ProfitLossFromOrdinaryActivitiesBeforeTax contextRef="ctx-1"
                                                  decimals="-3"
                                                  id="f0__s1__3__12"
                                                  unitRef="usd">-307081000</fsa:ProfitLossFromOrdinaryActivitiesBeforeTax>
   <fsa:ProfitLossFromOrdinaryActivitiesBeforeTax contextRef="ctx-3"
                                                  decimals="-3"
                                                  id="f0__s1__4__12"
                                                  unitRef="usd">-562939000</fsa:ProfitLossFromOrdinaryActivitiesBeforeTax>
   <fsa:TaxExpense contextRef="ctx-1"
                   decimals="-3"
                   id="f0__s1__3__13"
                   unitRef="usd">-11844000</fsa:TaxExpense>
   <fsa:TaxExpense contextRef="ctx-3"
                   decimals="-3"
                   id="f0__s1__4__13"
                   unitRef="usd">-5219000</fsa:TaxExpense>
   <fsa:ProfitLoss contextRef="ctx-1"
                   decimals="-3"
                   id="f0__s1__3__14"
                   unitRef="usd">-295237000</fsa:ProfitLoss>
   <fsa:ProfitLoss contextRef="ctx-3"
                   decimals="-3"
                   id="f0__s1__4__14"
                   unitRef="usd">-557720000</fsa:ProfitLoss>
   <fsa:TransferredToFromRetainedEarnings contextRef="ctx-1"
                                          decimals="-3"
                                          id="f0__s1__3__19"
                                          unitRef="usd">-295237000</fsa:TransferredToFromRetainedEarnings>
   <fsa:TransferredToFromRetainedEarnings contextRef="ctx-3"
                                          decimals="-3"
                                          id="f0__s1__4__19"
                                          unitRef="usd">-557720000</fsa:TransferredToFromRetainedEarnings>
   <fsa:LandAndBuildings contextRef="ctx-4"
                         decimals="-3"
                         id="f0__s2__3__5"
                         unitRef="usd">3361000</fsa:LandAndBuildings>
   <fsa:LandAndBuildings contextRef="ctx-5"
                         decimals="-3"
                         id="f0__s2__4__5"
                         unitRef="usd">3440000</fsa:LandAndBuildings>
   <fsa:LongtermInvestmentsInGroupEnterprises contextRef="ctx-4"
                                              decimals="-3"
                                              id="f0__s2__3__6"
                                              unitRef="usd">3145450000</fsa:LongtermInvestmentsInGroupEnterprises>
   <fsa:LongtermInvestmentsInGroupEnterprises contextRef="ctx-5"
                                              decimals="-3"
                                              id="f0__s2__4__6"
                                              unitRef="usd">2180776000</fsa:LongtermInvestmentsInGroupEnterprises>
   <fsa:NoncurrentAssets contextRef="ctx-4"
                         decimals="-3"
                         id="f0__s2__3__7"
                         unitRef="usd">3148811000</fsa:NoncurrentAssets>
   <fsa:NoncurrentAssets contextRef="ctx-5"
                         decimals="-3"
                         id="f0__s2__4__7"
                         unitRef="usd">2184216000</fsa:NoncurrentAssets>
   <fsa:ShorttermTradeReceivables contextRef="ctx-4"
                                  decimals="INF"
                                  id="f0__s2__3__10"
                                  unitRef="usd">0</fsa:ShorttermTradeReceivables>
   <fsa:ShorttermTradeReceivables contextRef="ctx-5"
                                  decimals="-3"
                                  id="f0__s2__4__10"
                                  unitRef="usd">66000</fsa:ShorttermTradeReceivables>
   <fsa:ShorttermReceivablesFromGroupEnterprises contextRef="ctx-4"
                                                 decimals="-3"
                                                 id="f0__s2__3__11"
                                                 unitRef="usd">449718000</fsa:ShorttermReceivablesFromGroupEnterprises>
   <fsa:ShorttermReceivablesFromGroupEnterprises contextRef="ctx-5"
                                                 decimals="-3"
                                                 id="f0__s2__4__11"
                                                 unitRef="usd">505521000</fsa:ShorttermReceivablesFromGroupEnterprises>
   <fsa:OtherShorttermReceivables contextRef="ctx-4"
                                  decimals="-3"
                                  id="f0__s2__3__12"
                                  unitRef="usd">399000</fsa:OtherShorttermReceivables>
   <fsa:OtherShorttermReceivables contextRef="ctx-5"
                                  decimals="-3"
                                  id="f0__s2__4__12"
                                  unitRef="usd">23000</fsa:OtherShorttermReceivables>
   <fsa:CurrentDeferredTaxAssets contextRef="ctx-4"
                                 decimals="-3"
                                 id="f0__s2__3__13"
                                 unitRef="usd">310000</fsa:CurrentDeferredTaxAssets>
   <fsa:CurrentDeferredTaxAssets contextRef="ctx-5"
                                 decimals="-3"
                                 id="f0__s2__4__13"
                                 unitRef="usd">293000</fsa:CurrentDeferredTaxAssets>
   <fsa:ShorttermTaxReceivablesFromGroupEnterprises contextRef="ctx-4"
                                                    decimals="-3"
                                                    id="f0__s2__3__14"
                                                    unitRef="usd">19059000</fsa:ShorttermTaxReceivablesFromGroupEnterprises>
   <fsa:ShorttermTaxReceivablesFromGroupEnterprises contextRef="ctx-5"
                                                    decimals="-3"
                                                    id="f0__s2__4__14"
                                                    unitRef="usd">8231000</fsa:ShorttermTaxReceivablesFromGroupEnterprises>
   <fsa:DeferredIncomeAssets contextRef="ctx-4"
                             decimals="-3"
                             id="f0__s2__3__15"
                             unitRef="usd">225000</fsa:DeferredIncomeAssets>
   <fsa:DeferredIncomeAssets contextRef="ctx-5"
                             decimals="-3"
                             id="f0__s2__4__15"
                             unitRef="usd">663000</fsa:DeferredIncomeAssets>
   <fsa:ShorttermReceivables contextRef="ctx-4"
                             decimals="-3"
                             id="f0__s2__3__16"
                             unitRef="usd">469712000</fsa:ShorttermReceivables>
   <fsa:ShorttermReceivables contextRef="ctx-5"
                             decimals="-3"
                             id="f0__s2__4__16"
                             unitRef="usd">514797000</fsa:ShorttermReceivables>
   <fsa:CashAndCashEquivalents contextRef="ctx-4"
                               decimals="-3"
                               id="f0__s2__3__17"
                               unitRef="usd">726000</fsa:CashAndCashEquivalents>
   <fsa:CashAndCashEquivalents contextRef="ctx-5"
                               decimals="-3"
                               id="f0__s2__4__17"
                               unitRef="usd">46000</fsa:CashAndCashEquivalents>
   <fsa:CurrentAssets contextRef="ctx-4"
                      decimals="-3"
                      id="f0__s2__3__18"
                      unitRef="usd">470438000</fsa:CurrentAssets>
   <fsa:CurrentAssets contextRef="ctx-5"
                      decimals="-3"
                      id="f0__s2__4__18"
                      unitRef="usd">514843000</fsa:CurrentAssets>
   <fsa:Assets contextRef="ctx-4"
               decimals="-3"
               id="f0__s2__3__21"
               unitRef="usd">3619249000</fsa:Assets>
   <fsa:Assets contextRef="ctx-5"
               decimals="-3"
               id="f0__s2__4__21"
               unitRef="usd">2699059000</fsa:Assets>
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                           decimals="-3"
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   <fsa:SelectedElementsFromReportingClassC contextRef="ctx-1" id="pp-value-39-1">true</fsa:SelectedElementsFromReportingClassC>
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   <fsa:InformationOnOmissionOfConsolidatedFinancialStatement contextRef="ctx-1" id="pp-value-41-1" xml:lang="en">Pursuant to section 112(1) of the Danish Financial Statements Act, no consolidated financial  statements have been prepared. The financial statements of The Drilling Company of 1972 A/S and subsidiaries are included in the consolidated financial statements of Noble Corporation plc, 1 Ashley Road, 3rd Floor, Altrincham, Cheshire WA14 2 DT, UK.</fsa:InformationOnOmissionOfConsolidatedFinancialStatement>
   <fsa:DisclosureOfAccountingPolicies contextRef="ctx-1" id="pp-value-42-1" xml:lang="en">On initial recognition, transactions denominated in foreign currencies are translated at the exchange rates at the transaction date. Foreign exchange differences arising between the exchange rates at the transaction date and the date of payment are recognised in the income statement as financial income or financial expenses. Receivables, payables and other monetary items denominated in foreign currencies are translated at the exchange rates at the balance sheet date. The difference between the exchange rates at the balance sheet date and the date at which the receivable or payable arose or was recognised in the latest financial statements is recognised in the income statement as financial income or financial expenses. Fixed assets acquired in foreign currencies are measured at the exchange rates at the transaction date. USD is used as functional currency and as presentation currency because the majority of transactions are in USD. At 31 December 2024, the exchange rate DKK/USD was 7.16 (2023: 6.74). Income statement RevenueRevenue from drilling activities, which typically comprises bare boat hire income and other revenue related to the drilling activity, is recognised under revenue for the operating period related to the financial year. Revenue is recognised in accordance with IAS 18.Other external costs Other external costs comprise costs incurred during the year for administrative expenses. Financial income and expenses Financial income and expenses are recognised in the income statement at the amounts relating to the financial year.Tax on profit for the yearTax for the year comprises current corporation tax for the year and changes in deferred tax, including changes in tax rates. The tax expense relating to the profit/loss for the year is recognised in the income statement, and the tax expense relating to amounts directly recognised in equity is recognised directly in equity.The entity is jointly taxed with other group entities. The total Danish income tax charge is allocated between profit/loss-making Danish entities in proportion to their taxable income (full absorption).Jointly taxed entities entitled to a tax refund are reimbursed by the management company based on the rates applicable to interest allowances, and jointly taxed entities which have paid too little tax pay a surcharge according to the rates applicable to interest surcharge to the management company.Balance sheetProperty, plant and equipmentLand and buildings are measured at cost less accumulated depreciation and impairment losses. Where individual components of an item of property, plant and equipment have different useful lives, they are accounted for as separate items, which are depreciated separately.The basis of depreciation is cost less any projected residual value after the end of the useful life.Depreciation is provided on a straight-line basis over the estimated useful life. The estimated useful lives are as follows:Land and buildings 25-40 yearsThe useful life and residual value are reassessed annually. Changes are treated as accountingestimates, and the effect on depreciation is recognised prospectively. Land is not depreciated.InvestmentsInvestments in group entities and associates are measured at cost. In case of indication of impairment, an impairment test is conducted. When the cost exceeds the recoverable amount, write down is made tothis lower value.Impairment of fixed assetsThe carrying amount of property, plant and equipment as well as investments in group entities is subject to an annual test for indications of impairment other than the decrease in value reflected by depreciation. Impairment tests are conducted of individual assets or groups of assets when there is an indication that they may be impaired. Write-down is made to the recoverable amount if this is lower than the carrying amount.Receivables are measured in the balance sheet at the lower of amortised cost and net realisablevalue, which corresponds to nominal value less write-down for bad debts. Write-down for baddebts is determined on the basis of an individual assessment of each receivable.Corporation tax and deferred taxCurrent tax payable and receivable is recognised in the balance sheet as tax computed on thetaxable income for the year, adjusted for tax on the taxable income of prior years and for tax paidon account. Deferred tax is measured using the balance sheet liability method on all temporarydifferences between the carrying amount and the tax value of assets and liabilities based on theplanned use of the asset or settlement of the liability. However, deferred tax is not recognised ontemporary differences relating to goodwill non-deductible for tax purposes and on office premisesand other items where the temporary differences arise at the date of acquisition without affectingeither profit/loss or taxable income.Deferred tax assets, including the tax value of tax loss carryforwards, are recognised at theexpected value of their utilisation within the foreseeable future; either as a set-off against tax onfuture income or as a set-off against deferred tax liabilities in the same legal tax entity. Anydeferred net assets are measured at net realisable value.Deferred tax is measured in accordance with the tax rules and at the tax rates applicable at thebalance sheet date when the deferred tax is expected to crystallise as current tax. Changes indeferred tax as a result of changes in tax rates are recognised in the income statement or equity,respectively.CashCash compromise cash and cash equivalents.LiabilitiesFinancial liabilities are measured at amortised cost, which essentially corresponds to nominalvalue.</fsa:DisclosureOfAccountingPolicies>
   <fsa:DisclosureOfInvestments contextRef="ctx-1" id="pp-value-45-1" xml:lang="en">InvestmentsUSD'000Equity investments in group entitiesCost at 1 January 20242,180,776Cost at 31 December 20242,180,776Additions1,229,986Impairment in the year-265,312Revaluations at 31 December 2024964,674Carrying amount at 31 December 20243,145,450Registered Voting rights and Name/legal formoffice Equity Loss for the yearownership interestsSubsidiaries:USD'000USD'000Noble Drilling A/SVirum100%3,152,541-258.568</fsa:DisclosureOfInvestments>
   <fsa:DisclosureOfOtherFinanceIncome contextRef="ctx-1" id="pp-value-46-1" xml:lang="en">Financial incomeUSD'00020242023Interest income from group entities23,34125,947Other financial income17365Exchange gains 17,02723,35933,339</fsa:DisclosureOfOtherFinanceIncome>
   <fsa:DisclosureOfOtherFinanceExpenses contextRef="ctx-1" id="pp-value-47-1" xml:lang="en">Financial expensesUSD'00020242023Interest expense to group entities-41,829 -33,874 Other financial expenses-129 -15,047 Exchange losses-23,2340-65,192 -48,921 </fsa:DisclosureOfOtherFinanceExpenses>
   <fsa:DisclosureOfPropertyPlantAndEquipment contextRef="ctx-1" id="pp-value-48-1" xml:lang="en">Property, plant and equipmentUSD'000Land and buildingsCost at 1 January 20244,039Disposals for the year-501Cost at 31 December 20243,538Depreciation and impairment losses at 1 January 2024-98Depreciation for the year-79Depreciation and impairment losses at 31 December 2024-177Carrying amount at 31 December 2024 3,361</fsa:DisclosureOfPropertyPlantAndEquipment>
   <fsa:DisclosureOfContingentLiabilities contextRef="ctx-1" id="pp-value-49-1" xml:lang="en">Contingent liabilitiesThe Company is jointly taxed with all other Danish companies in the The Drilling Company of 1972 Group. As a fully owned subsidiary, the Company has unlimited and joint liability together with the other companies under joint taxation for Danish corporation tax, withholding taxes on dividends, interest and royalties within the jointly taxed companies.</fsa:DisclosureOfContingentLiabilities>
   <fsa:DisclosureOfRelatedParties contextRef="ctx-1" id="pp-value-50-1" xml:lang="en">Related party disclosuresThe Drilling Company of 1972 A/S' related parties comprise the following:ControlNoble NDUS Holdings UK Limited, 1 Ashley Road, 3rd Floor, Altrincham, Cheshire WA14 2DT, UK, holds the majority of the contributed capital in the Company.The Drilling Company of 1972 A/S is part of the consolidated statements of Noble Corporation plc, 1 Ashley Road, 3rd Floor, Altrincham, Cheshire WA14 2 DT, UK, which is the smallest group in which the Company is included as subsidiary.The consolidated financial statements of Noble Corporation plc can be obtained by contacting this company or at https://noblecorp.com/investors/reports-and-filings.</fsa:DisclosureOfRelatedParties>
   <fsa:DisclosureOfEmployeeBenefitsExpense contextRef="ctx-1" id="pp-value-51-1" xml:lang="en">Staff costsThe Company has no employees (2023: zero).</fsa:DisclosureOfEmployeeBenefitsExpense>
   <gsd:InformationOnTypeOfSubmittedReport contextRef="ctx-1" id="f0__s0__72__15">Annual report</gsd:InformationOnTypeOfSubmittedReport>
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   <gsd:ReportingPeriodStartDate contextRef="ctx-1" id="f0__s0__72__20">2024-01-01</gsd:ReportingPeriodStartDate>
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   <gsd:PrecedingReportingPeriodStartDate contextRef="ctx-1" id="f0__s0__72__22">2023-01-01</gsd:PrecedingReportingPeriodStartDate>
   <gsd:PredingReportingPeriodEndDate contextRef="ctx-1" id="f0__s0__72__23">2023-12-31</gsd:PredingReportingPeriodEndDate>
   <gsd:DateOfGeneralMeeting contextRef="ctx-1" id="f0__s0__72__36">2025-07-04</gsd:DateOfGeneralMeeting>
   <fsa:ClassOfReportingEntity contextRef="ctx-1" id="f0__s0__72__45">Reporting class B</fsa:ClassOfReportingEntity>
   <gsd:DateOfFoundationOfReportingEntity contextRef="ctx-1" id="f0__s0__72__57">2019-04-02</gsd:DateOfFoundationOfReportingEntity>
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   <sob:DateOfApprovalOfAnnualReport contextRef="ctx-1" id="f0__s0__72__77">2025-07-04</sob:DateOfApprovalOfAnnualReport>
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   <arr:SignatureOfAuditorsDate contextRef="ctx-1" id="f0__s0__72__186">2025-07-04</arr:SignatureOfAuditorsDate>
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