Key figures

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

2018
2017
2016
2015
2014
Consolidated Statement of Profit or Loss Data
Revenue
600,024
513,368
684,265
846,507
473,985
Result from operating Acitivies
(74,578)
13,406
208,220
351,972
11,527
Net finance expense
(74,389)
(43,463)
(44,840)
(47,630)
(93,353)
Share of profit (loss) of equity accounted investees (net of income tax)
16,076
30,082
40,495
51,592
30,286
Profit (loss) for the period
(110,070)
1,383
204,049
350,301
(45,797)
Basic weighted average shares outstanding
191,994,398
158,166,534
158,262,268
155,872,171
116,539,017
Diluted weighted average shares outstanding
191,994,398
158,297,057
158,429,057
157,529,562
116,539,017
Basic earnings per share
(0.57)
0.01
1.29
2.25
(0.39)
Diluted earnings per share
(0.57)
0.01
1.29
2.22
(0.39)
Consolidated Statement of Financial Position Data
Cash and cash equivalents
173,133
143,648
206,689
131,663
254,086
Vessels
3,520,067
2,271,500
2,383,163
2,288,036
2,258,334
Vessels under construction
-
63,668
86,136
93,890
-
Current and non-current bank loans
1,560,002
701,091
1,085,562
1,052,448
1,234,329
Equity attributable to Owners of the Company
2,260,523
1,846,361
1,887,956
1,905,749
1,472,708
Cash flow data
Net Cash from (used in) operating activities
841
211,295
438,202
450,532
14,782
Net Cash from (used in) investing activities
190,042
(40,242)
(100,615)
(205,873)
(1,023,007)
Net Cash from (used in) financing activities
(160,165)
(234,976)
(261,160)
(365,315)
1,189,021
Fleet data (unaudited)
VLCCs
Average number of vessels
38
31
30
27
20
Calendar days
13,802
11,330
10,770
9,860
7,450
Vessel operating days
13,175
10,859
10,553
9,645
7,294
Available days
13,722
11,130
10,691
9,780
7,391
Fleet utilization
96.0%
97.6%
98.7%
98.60%
98.70%
Daily TCE charter rates
24,073
29,827
42,243
52,802
27,189
Suezmaxes
Average number of vessels
23
19
19
19
19
Calendar days
8,232
6,868
7,002
6,885
6,937
Vessel operating days
8,108
6,820
6,751
6,780
6,774
Available days
8,173
6,826
6,882
6,806
6,895
Fleet utilization
99.20%
99.9%
98.1%
99.60%
98.20%
Daily TCE charter rates
17,557
19,144
27,114
39,689
24,491
Other data
EBITDA (unaudited)
231,513
273,452
475,005
612,659
202,582
Adjusted EBITDA (unaudited)
254,816
294,467
503,453
648,705
241,106
Time charter equivalents reveneus
459,516
454,455
628,842
778,368
364,211