Nordic american tankers ltd (NAT)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Voyage Revenues

297,141

357,451

445,738

351,049

243,657

130,682

94,787

126,416

124,370

228,000

Voyage Expenses

142,465

125,987

158,656

199,430

173,410

38,670

14,921

0

8,959

10,051

Vessel Operating Expenses

87,663

80,266

66,589

62,500

64,924

63,965

54,859

47,113

43,139

35,593

Impairment Loss on Goodwill

18,979

0

0

-

-

-

-

-

-

-

General and Administrative Expenses

12,575

12,296

9,790

14,863

19,555

14,700

15,394

15,980

14,819

12,785

Depreciation Expense

100,669

90,889

82,610

80,531

74,375

69,219

64,626

62,545

55,035

48,284

Impairment Loss on Vessels

110,480

0

0

-

-

-

-

-

-

-

Received Settlement

0

5,328

0

-

-

-

-

-

-

-

Received Settlement

-

-

-

0

-

-

-

-

-

-

Impairment Loss on Vessel

-

-

-

-

-

12,030

0

0

-

-

Loss on Contract

-

-

-

-

-5,000

0

-16,200

0

0

-

Fees for Provided Services

-

-

-

1,500

0

0

-

-

-

-

Net Operating (Loss) Income

-175,690

53,341

128,093

-4,775

-93,608

-67,902

-71,213

778

2,418

121,288

Interest Income

347

215

114

181

146

357

1,187

-

-

-

Interest Income

-

-

-

-

-

-

-

632

614

931

Interest Expense

20,464

11,170

10,855

12,244

11,518

5,854

2,130

1,971

1,794

3,392

Dividends Received

-

-

-

-

-

0

-

-

-

-

Gain on Shares

-

-

-

3,286

0

0

-

-

-

-

Other Financial Expense

-644

-98

-167

-1,126

-391

207

-142

-248

-226

17

Total Other Expenses

-20,761

-11,053

-10,908

-9,903

-11,763

-5,290

-1,085

-1,587

-1,406

-2,443

Net (Loss) Income Before Income Taxes and Equity Loss

-196,451

42,288

117,185

-14,678

-105,371

-73,192

-72,298

-

-

-

Income Tax Expense

83

102

96

47

86

0

0

-

-

-

Equity (Loss) from Associate

-8,435

-46,642

-2,462

1,559

40

0

0

-

-

-

Net (Loss)/Income

-204,969

-4,456

114,627

-13,166

-105,417

-73,192

-72,298

-809

1,012

118,844

Basic and Diluted (Loss) Earnings per Share (in dollars per share)

-1.97

-0.05

1.29

-0.15

-1.64

-1.39

-

-

-

-

Basic and Diluted Average Number of Common Shares Outstanding (in shares)

103,832

92,531

89,182

85,401

64,101

52,547

-

-

-

-

Cash Dividends per Share (in dollars per share)

0.53

1.37

1.38

0.61

0.64

1.20

1.15

-

-

-

Basic (Loss)/Earnings per Share (in dollars per share)

-

-

-

-

-

-

-1.53

-0.02

0.03

3.63

Diluted (Loss)/Earnings per share (in dollars per share)

-

-

-

-

-

-

-1.53

-0.02

0.03

3.62

Basic Weighted Average Number of Common Shares Outstanding (in shares)

-

-

-

-

-

-

47,159

46,551

40,449

32,739

Diluted Weighted Average Number of Common Shares Outstanding (in shares)

-

-

-

-

-

-

47,159

46,551

40,449

32,832