Key figures

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

2017
2016
2015
2014
2013
Consolidated Statement of Profit or Loss Data
Revenues $ USD (’000)
513,368
684,265
846,507
473,985
304,622
Result from operating Acitivies
13,406
208,220
351,972
11,527
(54,714)
Net finance expense
(43,463)
(44,840)
(47,630)
(93,353)
(52,644)
Share of profit (loss) of equity accounted investees (net of income tax)
30,082
40,495
51,592
30,286
17,853
Profit (loss) for the period
1,383
204,049
350,301
(45,797)
(89,683)
Basic weighted average shares outstanding
158,166,534
158,262,268
155,872,171
116,539,017
50,230,438
Diluted weighted average shares outstanding
158,297,057
158,429,057
157,529,562
116,539,017
50,230,438
Basic earnings per share
0.01
1.29
2.25
(0.39)
(1.79)
Diluted earnings per share
0.01
1.29
2.22
(0.39)
(1.79)
Consolidated Statement of Financial Position Data
Cash and cash equivalents
143,648
206,689
131,663
254,086
74,309
Vessels
2,271,500
2,383,163
2,288,036
2,258,334
1,434,800
Vessels under construction
63,668
86,136
93,890
-
-
Current and non-current bank loans
701,091
1,085,562
1,052,448
1,234,329
847,763
Equity attributable to Owners of the Company
1,846,361
1,887,956
1,905,749
1,472,708
800,990
Cash flow data
Net Cash from (used in) operating activities
211,295
438,202
450,532
14,782
(8,917)
Net Cash from (used in) investing activities
(40,242)
(100,615)
(205,873)
(1,023,007)
28,114
Net Cash from (used in) financing activities
(234,976)
(261,160)
(365,315)
1,189,021
(57,384)
Fleet data (unaudited)
VLCCs
Average number of vessels
31
30
27
20
11
Calendar days
11,330
10,770
9,860
7,450
4,085
Vessel operating days
10,859
10,553
9,645
7,294
4,036
Available days
11,130
10,691
9,780
7,391
4,044
Fleet utilization
97.6%
98.7%
98.60%
98.70%
99.80%
Daily TCE charter rates
29,827
42,243
52,802
27,189
25,785
Daily vessel operating expenses
8,042
9,078
9,935
8,565
8,178
Suezmaxes
Average number of vessels
19
19
19
19
19
Calendar days
6,868
7,002
6,885
6,937
6,848
Vessel operating days
6,820
6,751
6,780
6,774
6,661
Available days
6,826
6,882
6,806
6,895
6,664
Fleet utilization
99.9%
98.1%
99.60%
98.20%
100.00%
Daily TCE charter rates
19,144
27,114
39,689
24,491
19,284
Daily vessel operating expenses
7,926
8,845
8,288
8,073
7,753
Average daily general and administrative expenses per vessel - owned tanker segment only
2,577
2,489
2,790
2,820
2,485
Other data
EBITDA (unaudited)
273,360
476,478
613,770
202,767
100,096
Adjusted EBITDA (unaudited)
293,748
503,679
648,190
239,176
138,853
Time charter equivalents reveneus
454,455
628,842
778,368
364,211
232,519