Tsakos energy navigation ltd (TNP)
Income statement / Quarterly
Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11
VOYAGE REVENUES:

123,927

132,180

119,851

154,020

112,396

108,091

99,046

101,309

EXPENSES:
Commissions

-

-

-

-

-

4,088

1,503

3,718

Voyage expenses

29,407

28,121

25,020

35,248

38,766

32,417

25,576

33,707

Charter hire expense

2,698

0

-

-

-

-

-

-

Vessel operating expenses

44,169

43,894

36,198

37,144

34,922

32,907

32,110

33,139

Depreciation and amortization

36,621

34,298

26,875

27,155

25,314

-

-

-

Depreciation

-

-

-

-

-

23,925

23,685

24,851

Amortization of deferred dry-docking costs

-

-

-

-

-

1,220

1,211

1,194

Management fees (Note 2(a))

-

-

-

-

-

3,886

3,967

3,933

General and administrative expenses

6,812

6,557

7,456

5,302

4,914

964

952

1,054

Stock compensation expense (Note 9)

-

-

-

-

-

-

14

329

Foreign currency (gains)/losses

-

-

-

-

-

-35

69

-240

Loss on sale of vessel

-364

0

-

-

-

-

-

-801

Total expenses

120,071

112,870

95,549

104,849

103,916

99,442

88,949

102,966

Operating income

3,856

19,310

24,302

49,171

8,480

8,649

10,097

-1,657

OTHER INCOME (EXPENSES):
Interest and finance costs, net (Note 6)

14,783

15,873

8,012

7,940

8,570

10,394

16,111

16,945

Interest income

389

313

149

65

69

73

395

598

Other, net

2

199

-29

0

270

-698

-38

-10

Total other expenses, net

-14,392

-15,361

-7,892

-7,875

-8,231

-11,019

-15,754

-16,357

Net (loss) income

-10,536

3,949

16,410

41,296

249

-2,370

-5,657

-18,014

Less: Net loss (income) attributable to the non-controlling interest

-983

374

-4

10

50

-845

42

113

Net (loss) income attributable to Tsakos Energy Navigation Limited

-9,553

3,575

16,414

41,286

199

-1,525

-5,699

-18,127

Effect of preferred dividends

6,713

6,524

3,969

3,390

2,109

567

-

-

Net (loss) income attributable to common stockholders of Tsakos Energy Navigation Limited

-16,266

-2,949

12,445

37,896

-1,910

-2,092

-

-

(Loss) Earnings per share, basic and diluted attributable to Tsakos Energy Navigation Limited common shareholders (Note 9)

-0.19

-0.03

0.15

0.45

-0.02

-0.04

-

-

Weighted average number of shares, basic and diluted (Note 9)

86,942

84,284

85,510

84,712

80,135

56,443

-

-

Loss per share, basic attributable to Tsakos Energy Navigation Limited common shareholders

-

-

-

-

-

-

-0.10

-0.39

Loss per share, diluted attributable to Tsakos Energy Navigation Limited common shareholders

-

-

-

-

-

-

-0.10

-0.39

Weighted average number of shares, basic

-

-

-

-

-

-

54,341

46,082

Weighted average number of shares, diluted

-

-

-

-

-

-

54,341

46,082