Knot offshore partners lp (KNOP)
Income statement / Quarterly
Jun'18Jun'17Sep'16Jun'16Sep'15Jun'15Jun'14Jun'13
Operating revenues: (Notes 3 and 12)
Time charter and bareboat revenues

-

-

43,390

42,864

39,281

36,981

22,116

17,268

Loss of hire insurance recoveries

450

2,276

-

-

-

-

-

-

Other income

94

593

197

199

3

2

3

-

Total revenues

69,765

54,406

43,587

43,063

39,284

36,983

22,119

17,268

Operating expenses: (Note 12)
Vessel operating expenses (Note 2(e))

-

-

7,588

7,975

5,936

7,164

4,324

3,251

Depreciation

22,332

17,372

13,920

13,913

12,420

11,560

6,782

5,340

General and administrative expenses

1,350

1,493

908

948

1,180

984

1,461

1,269

Goodwill impairment charge (Note 9)

-

-

-

-

-

6,217

-

-

Total operating expenses

37,656

28,292

22,416

22,836

19,536

25,925

12,567

9,860

Operating income

32,109

26,114

21,171

20,227

19,748

11,058

9,552

7,408

Finance income (expense): (Note 12):
Interest income

161

44

6

-

0

2

3

3

Interest expense (Note 5)

12,526

7,252

5,129

5,054

4,322

4,212

3,856

2,529

Other finance expense (Note 5)

288

328

315

334

79

79

914

492

Realized and unrealized gain (loss) on derivative instruments (Note 6)

1,968

-1,536

3,613

-3,176

-6,470

253

-2,342

-434

Net gain (loss) on foreign currency transactions

260

-124

13

-82

-75

-132

36

15

Total finance expense

-10,425

-9,196

1,812

8,646

10,946

4,168

7,073

3,437

Income before income taxes

21,684

16,918

19,360

11,581

8,802

6,890

2,479

3,971

Income tax benefit (Note 8)

3

3

3

3

-

3

-18

-

Net income

21,681

16,915

19,357

11,578

8,802

6,887

2,497

3,971

Net income

21,681

16,915

19,357

11,578

8,802

6,887

2,497

3,971

Series A Preferred unitholders' interest in net income

-1,800

-1,009

-

-

-

-

-

-

General Partner's interest in net income

367

294

390

233

164

128

50

79

Limited Partners' interest in net income

19,514

15,613

18,967

11,345

8,638

6,759

2,447

3,892

Cash distributions declared and paid per unit (Note 20)

-

-

0.52

-

0.51

0.51

0.43

-