Key figures

In thousands of USD except per share amount and fleet data.

2015
2014
2013
2012
2011
Consolidated Statement of Profit or Loss Data
Revenues $ USD (’000)
846,507
473,985
304,622
320,836
326,315
Result from operating Acitivies
351,972
11,527
(54,714)
(79,117 )
(54,945 )
Net finance expense
(47,630)
(93,353)
(52,644)
(50,158 )
(46,821 )
Share of profit (loss) of equity accounted investees (net of income tax)
51,592
30,286
17,853
9,953
5,897
Profit (loss) for the period
350,301
(45,797)
(89,683)
(118,596 )
(95,987 )
Basic weighted average shares outstanding
155,872,171
116,539,017
50,230,438
50,000,000
50,000,000
Diluted weighted average shares outstanding
157,529,562
116,539,017
50,230,438
50,000,000
50,000,000
Basic earnings per share
2.25
(0.39)
(1.79)
(2.37)
(1.92)
Diluted earnings per share
2.22
(0.39)
(1.79)
(2.37)
(1.92)
Consolidated Statement of Financial Position Data
Cash and cash equivalents
131,663
254,086
74,309
113,051
163,108
Vessels
2,288,036
2,258,334
1,434,800
1,592,837
1,616,178
Vessels under construction
93,890
-
-
-
89,619
Current and non-current bank loans
1,052,448
1,234,329
847,763
911,474
938,992
Equity attributable to Owners of the Company
1,905,749
1,472,708
800,990
866,970
980,988
Cash flow data
Net Cash from (used in) operating activities
450,532
14,782
(8,917)
69,812
28,060
Net Cash from (used in) investing activities
(205,873)
(1,023,007)
28,114
(86,986)
39,852
Net Cash from (used in) financing activities
(365,315)
1,189,021
(57,384)
33,117
(48,606)
Fleet data (unaudited)
VLCCs
Average number of vessels
27
20
11
13
14
Calendar days
9,860
7,450
4,085
4,940
5,264
Vessel operating days
9,645
7,294
4,036
4,891
5,119
Available days
9,780
7,391
4,044
4,910
5,198
Fleet utilization
98.60%
98.70%
99.80%
99.60%
98.50%
Daily TCE charter rates
52,802
27,189
25,785
23,510
24,457
Daily vessel operating expenses
9,935
8,565
8,178
7,761
7,440
Suezmaxes
Average number of vessels
19
19
19
18
18
Calendar days
6,885
6,937
6,848
6,588
6,578
Vessel operating days
6,780
6,774
6,661
6,436
6,448
Available days
6,806
6,895
6,664
6,489
6,456
Fleet utilization
99.60%
98.20%
100.00%
99.20%
99.90%
Daily TCE charter rates
39,689
24,491
19,284
21,052
24,237
Daily vessel operating expenses
8,288
8,073
7,753
7,868
8,442
Average daily general and administrative expenses per vessel - owned tanker segment only
2,790
2,820
2,485
2,672
2,420
Other data
EBITDA (unaudited)
613,770
202,767
100,096
77,898
93,523
Adjusted EBITDA (unaudited)
648,190
239,176
138,853
120,719
128,367
Time charter equivalents reveneus
778,368
364,211
232,519
250,476
281,476