hugin.info/134876/R/1129862/210758.pdf
Viele Grüße an alle ShipFinancer, Sealifter und Frontliner!
zZoOsShH
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A cash dividend of $0.55 per share has been declared
•
Up from $0.54 per share in 4Q 2006
•
The fourth consecutive increase in dividend
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Total operating revenues for the fourth quarter were $86.5m ($1.19/share)
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Net income for the first quarter was $55.3m ($0.76/share)
•
Net income includes $30.8m gain from the sale of single hull vessels
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Significant Profit Share accumulated during the quarter
•
The Company estimates that a total of $15.2m ($0.21/share) has accumulated
•
Based on US GAAP, this is not included in the accounts for this quarter, but will be recognized in later quarters if the vessels continue to earn in excess of the base charter rate
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Strong liquidity position provides basis for growth
•
Cash and cash equivalents: $146.4m plus $13.5m restricted cash
•
Available undrawn credit lines: $219.7m
Viele Grüße an alle ShipFinancer, Sealifter und Frontliner!
zZoOsShH
��
A cash dividend of $0.55 per share has been declared
•
Up from $0.54 per share in 4Q 2006
•
The fourth consecutive increase in dividend
��
Total operating revenues for the fourth quarter were $86.5m ($1.19/share)
��
Net income for the first quarter was $55.3m ($0.76/share)
•
Net income includes $30.8m gain from the sale of single hull vessels
��
Significant Profit Share accumulated during the quarter
•
The Company estimates that a total of $15.2m ($0.21/share) has accumulated
•
Based on US GAAP, this is not included in the accounts for this quarter, but will be recognized in later quarters if the vessels continue to earn in excess of the base charter rate
��
Strong liquidity position provides basis for growth
•
Cash and cash equivalents: $146.4m plus $13.5m restricted cash
•
Available undrawn credit lines: $219.7m
