TEEKAY LNG PARTNERS L.P. TGP Income Statement

Teekay lng partners l.p. (TGP)

Income statement / Quarterly

Sep'18	Jun'18	Sep'17	Jun'17	Sep'16	Jun'16	Sep'15	Jun'15	Jun'14	Jun'13	Jun'12	Jun'11	Jun'10
Voyage revenues (notes 6, 10a and 10e)
123,336	122,315	104,285	100,904	100,658	99,241	98,415	98,608	101,323	96,619	96,477	92,247	91,846
Voyage expenses
7,956	-	1,466	-	-	-	-	-	-	-	-	-	-
Voyage expenses
-	7,951	-	996	355	542	240	373	1,167	1,224	242	685	493
Vessel operating expenses (note 10a)
27,621	33,969	26,724	26,001	22,055	22,412	24,319	24,102	24,320	24,814	22,177	23,388	22,041
Time-charter hire expense (note 10a)
1,690	-	0	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
32,238	29,794	24,980	26,794	24,041	22,869	22,473	23,209	23,530	25,156	24,796	22,171	22,407
General and administrative expenses (notes 10a, 10e and 14)
4,183	7,096	2,793	4,642	3,573	5,864	5,676	7,068	6,254	4,744	4,433	6,535	5,037
Write-down of vessels (note 15)
-2,201	-33,000	-38,000	-12,600	0	0	-	-	-	-	-	-	-
Restructuring charges (note 15b)
449	0	0	0	-	-	3,510	-	-	-	-	-	126
Loss on sale of vessels (note 5b)
-	-	-	-	-	-	0	0	-	-	-	-	-
Total operating expenses
-	-	-	-	-	-	-	-	-	55,938	51,648	52,779	50,104
Income (loss) from vessel operations
46,998	10,505	10,322	29,871	50,634	47,554	42,197	43,856	46,052	40,681	44,829	39,468	41,742
Equity income (loss) (note 6c)
14,679	11,194	1,417	-507	13,514	29,567	13,523	29,002	32,924	39,425	11,086	3,447	-2,930
Interest expense (notes 8 and 11)
35,875	28,171	20,091	20,525	15,644	13,269	11,175	11,153	15,068	13,132	13,734	12,136	11,320
Interest income
980	902	602	579	653	545	617	611	572	782	949	1,698	1,429
Realized and unrealized gain (loss) on non-designated derivative instruments (note 11)
2,515	4,302	-2,178	-7,384	5,004	-17,321	-26,835	10,888	-16,335	10,666	-18,145	-27,329	-45,549
Foreign currency exchange gain (loss) (notes 8 and 11)
1,445	8,443	-5,104	-15,825	504	-525	-8,153	-9,546	-66	-2,787	13,927	-8,859	36,635
Other income (expense) (note 12c)
314	350	356	390	397	407	393	335	208	407	480	141	106
Total other items
-	-	-	-	-	-	-	-	-	35,361	-5,437	-43,038	-21,629
Net income (loss) before income tax expense
31,056	7,525	-14,676	-13,401	55,062	46,958	10,567	63,993	48,287	76,042	39,392	-3,570	20,113
Income tax expense (note 9)
1,549	843	750	236	209	252	258	258	375	800	132	119	222
Net income (loss)
29,507	6,682	-15,426	-13,637	54,853	46,706	10,309	63,735	47,912	75,242	39,260	-3,689	19,891
Comprehensive income
-	-	-	-	-	-	-	-	-	75,242	-	-	-
Non-controlling interest in net income (loss)
3,557	3,948	3,470	2,436	4,746	3,635	-2,811	5,642	4,263	5,581	1,572	-561	-2,875
Preferred unitholders' interest in net income (loss)
6,425	6,426	2,813	2,813	0	0	-	-	-	-	-	-	-
General Partners interest in net income (loss)
391	-68	-434	-378	-1,002	-862	7,622	8,568	7,528	6,278	5,293	-	-
Limited partners interest in net income (loss)
19,134	-3,624	-21,275	-18,508	49,105	42,209	-124	49,525	36,121	63,383	32,395	-	-
Limited partners interest in net income (loss) per common unit: (note 13)
Basic (usd per unit)
0.24	-0.05	-0.27	-0.23	0.62	0.53	0.00	0.63	0.49	0.91	0.50	-	-
Diluted (usd per unit)
0.24	-0.05	-0.27	-0.23	0.62	0.53	0.00	0.63	0.49	0.91	0.50	-	-
Weighted-average number of common units outstanding:
Basic (units)
79,687	79,687	79,626	79,626	79,571	79,571	78,941	78,590	74,212	69,713	64,857	-	-
Diluted (units)
79,859	79,687	79,626	79,626	79,697	79,695	79,009	78,659	74,255	69,732	64,857	-	-
Cash distributions declared per common unit (units)
0.14	0.14	0.14	0.14	0.14	0.14	0.70	0.70	0.69	0.67	0.67	0.63	0.60
Common unit (basic and diluted)
-	-	-	-	-	-	-	-	-	-	-	-	0.39
General Partner's interest in net income (loss)
-	-	-	-	-	-	-	-	-	-	-	2,303	2,110
Limited partner's interest in net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-5,431	20,656
Total unit (basic and diluted)
-	-	-	-	-	-	-	-	-	-	-	-0.09	0.39
Common units (basic and diluted)
-	-	-	-	-	-	-	-	-	-	-	-	52,339
Total units (basic and diluted)
-	-	-	-	-	-	-	-	-	-	-	59,152	52,339
Related party transactions (note 10)
-	-	-	-	-	-	-	-	-	-	-	-	0