| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Shipping income | ||||||
Revenue (Note 9) | ||||||
513,368 | 684,265 | 846,507 | ||||
Gains on disposal of vessels/other tangible assets (Note 12) | ||||||
36,538 | 50,397 | 13,302 | ||||
Other operating income (Note 9) | ||||||
4,902 | 6,996 | 7,426 | ||||
Total shipping income | ||||||
554,808 | 741,658 | 867,235 | ||||
Operating expenses | ||||||
Voyage expenses and commissions (Note 10) | ||||||
62,035 | 59,560 | 71,237 | ||||
Vessel operating expenses (Note 10) | ||||||
150,427 | 160,199 | 153,718 | ||||
Charter hire expenses (Note 10) | ||||||
31,173 | 17,713 | 25,849 | ||||
Loss on disposal of vessels/other tangible assets (Note 12) | ||||||
21,027 | 2 | 8,002 | ||||
Impairment on non-current assets held for sale (Note 3) | ||||||
0 | 0 | 0 | ||||
Loss on disposal of investments in equity accounted investees (Note 24) | ||||||
0 | 24,150 | 0 | ||||
Depreciation tangible assets (Note 12) | ||||||
229,777 | 227,664 | 210,156 | ||||
Depreciation intangible assets | ||||||
95 | 99 | 50 | ||||
General and administrative expenses (Note 10) | ||||||
46,868 | 44,051 | 46,251 | ||||
Total operating expenses | ||||||
541,402 | 533,438 | 515,263 | ||||
RESULT FROM OPERATING ACTIVITIES | ||||||
13,406 | 208,220 | 351,972 | ||||
Finance income (Note 11) | ||||||
7,266 | 6,855 | 3,312 | ||||
Finance expenses (Note 11) | ||||||
50,729 | 51,695 | 50,942 | ||||
Net finance expenses | ||||||
-43,463 | -44,840 | -47,630 | ||||
Share of profit (loss) of equity accounted investees (net of income tax) (Note 23) | ||||||
30,082 | 40,495 | 51,592 | ||||
PROFIT (LOSS) BEFORE INCOME TAX | ||||||
25 | 203,875 | 355,934 | ||||
Income tax benefit (expense) | ||||||
-1,358 | -174 | 5,633 | ||||
PROFIT (LOSS) FOR THE PERIOD | ||||||
1,383 | 204,049 | 350,301 | ||||
Attributable to: | ||||||
Owners of the company | ||||||
1,382 | 204,049 | 350,300 | ||||
Basic earnings per share (in dollars per share) | ||||||
0.01 | 1.29 | 2.25 | ||||
Diluted earnings per share (in dollars per share) | ||||||
0.01 | 1.29 | 2.22 | ||||
Weighted average number of shares (basic) (in shares) | ||||||
158,166 | 158,262 | 155,872 | ||||
Weighted average number of shares (diluted) (in shares) | ||||||
158,297 | 158,429 | 157,529 | ||||