| Sep'18 | Dec'17 | Dec'16 | ||||
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current assets | ||||||
Cash and cash equivalents | ||||||
86 | 77 | 109 | ||||
Accounts receivable and accrued revenues | ||||||
40 | 42 | 34 | ||||
Capitalized voyage expenses | ||||||
1 | 0 | - | ||||
Prepaid expenses | ||||||
7 | 3 | 3 | ||||
Derivative financial instruments | ||||||
0 | 0 | - | ||||
Bunkers, lube oils and consumables | ||||||
29 | 23 | 7 | ||||
Asset held for sale | ||||||
0 | 20 | - | ||||
Asset held for sale | ||||||
- | - | 23 | ||||
Total current assets | ||||||
166 | 167 | 178 | ||||
Non-current assets | ||||||
Vessels and time charter contracts | ||||||
1,619 | 1,444 | 1,177 | ||||
Advances for vessels under construction | ||||||
26 | 114 | 43 | ||||
Other property, plant and equipment | ||||||
0 | 0 | 0 | ||||
Investment in associated company | ||||||
4 | 3 | 3 | ||||
Derivative financial instruments | ||||||
0 | 0 | - | ||||
Total non-current assets | ||||||
1,651 | 1,563 | 1,225 | ||||
TOTAL ASSETS | ||||||
1,818 | 1,730 | 1,403 | ||||
LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||
Current LIABILITIES | ||||||
Accounts payable and accrued expenses | ||||||
25 | 17 | 12 | ||||
Derivative financial liabilities | ||||||
0 | 0 | 2 | ||||
Current portion long-term debt | ||||||
68 | 65 | 57 | ||||
Deferred shipping revenues | ||||||
0 | 0 | 2 | ||||
Total current liabilities | ||||||
93 | 83 | 74 | ||||
Non-current liabilities | ||||||
Long-term debt | ||||||
866 | 721 | 643 | ||||
Derivative financial liabilities | ||||||
0 | 0 | 0 | ||||
Other non-current liabilities | ||||||
0 | 0 | 0 | ||||
Total non-current liabilities | ||||||
867 | 721 | 644 | ||||
TOTAL LIABILITIES | ||||||
960 | 804 | 718 | ||||
Stockholders' Equity | ||||||
Stock | ||||||
1 | 1 | 0 | ||||
Additional paid-in capital | ||||||
1,148 | 1,140 | 881 | ||||
Accumulated deficit | ||||||
-294 | -222 | -205 | ||||
Translation differences | ||||||
0 | 0 | -0 | ||||
Other reserves | ||||||
1 | 5 | 8 | ||||
Total stockholders' equity | ||||||
857 | 925 | 685 | ||||
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||
1,818 | 1,730 | 1,403 | ||||