Quarterly Key Figures
Table of content
- Quarterly Key Figures 2011
- Quarterly Key Figures 2010
- Quarterly Key Figures 2009
- Quarterly Key Figures 2008
- Quarterly Key Figures 2007
- Quarterly Key Figures 2006
- Quarterly Key Figures 2005
- Quarterly Key Figures 2004
1. Quarterly Key Figures 2011
|
Key figures in USD Million |
2011 |
Q1 |
Q2 |
Q3 |
Q4 |
| INCOME STATEMENT |
|
|
|
|
|
|
Revenue |
|
548.1 |
561.2 |
|
|
|
Costs |
|
-500.2 |
-520.9 |
|
|
|
Profit before depreciation etc. (EBITDA) |
|
47.8 |
40.3 |
|
|
|
Profit from sale of vessels etc. |
|
-0.4 |
0.0 |
|
|
|
Depreciation and impairment |
|
-17.1 |
-19.6 |
|
|
|
Share of results of joint ventures |
|
-0.4 |
0.4 |
|
|
|
Profit from operation (EBIT) |
|
30.0 |
21.1 |
|
|
|
Fair value adjustment of certain hedging instruments |
|
32.7 |
-11.4 |
|
|
|
Net financials |
|
8.1 |
1.9 |
|
|
|
Profit before tax |
|
70.8 |
11.5 |
|
|
|
Tax on the profit for the period |
|
-1.6 |
-1.5 |
|
|
|
Profit for the period |
|
69.2 |
10.0 |
|
|
|
Profit for the period for the NORDEN shareholders |
|
69.2 |
10.0 |
|
|
|
|
|
|
|
|
|
| STATEMENT OF FINANCIAL POSITION | |||||
|
Non-current assets |
|
1,454.8 |
1,529.5 |
|
|
|
Total assets |
|
2,227.8 |
2,295.9 |
|
|
|
Equity at period-end |
|
2,031.0 |
1,987.5 |
|
|
|
Liabilities |
|
196.8 |
308.4 |
|
|
|
Invested capital |
|
1,564.3 |
1,605.9 |
|
|
|
Net interest-bearing assets |
|
466.7 |
381.6 |
|
|
|
Cash and securities |
|
510.0 |
498.4 |
|
|
|
CASH FLOWS |
|
|
|
|
|
|
From operating activities |
xxxxxxx |
-2.0 |
66.3 |
xxxxxxx |
xxxxxxx |
|
From investment activities |
|
-64.1 |
-183.7 |
|
|
|
From financing activities |
|
-45.9 |
-36.9 |
|
|
|
Change in cash and cash equivalents for the period |
|
-112.0 |
-154.3 |
|
|
2. Quarterly Key Figures 2010
|
Key figures in USD Million |
2010 |
Q1 |
Q2 |
Q3 |
Q4 |
| INCOME STATEMENT |
|
|
|
|
|
|
Revenue |
2,189.6 |
516.3 |
585.5 |
496.1 |
591.7 |
|
Costs |
-1,950.0 |
-436.9 |
-485.9 |
-474.3 |
-552.9 |
|
Profit before depreciation etc. (EBITDA) |
239.6 |
79.3 |
99.6 |
21.9 |
38.8 |
|
Profit from sale of vessels etc. |
28.1 |
-0.8 |
-2.2 |
31.7 |
-0.6 |
|
Depreciation and impairment |
-49.5 |
-9.9 |
-10.9 |
-13.2 |
-15.5 |
|
Share of results of joint ventures |
4.3 |
-0.1 |
0.0 |
4.6 |
-0.2 |
|
Profit from operation (EBIT) |
222.5 |
68.6 |
86.5 |
44.9 |
22.5 |
|
Fair value adjustment of certain hedging instruments |
30.4 |
-0.9 |
1.9 |
4.4 |
25.0 |
|
Net financials |
-2.2 |
-3.5 |
-3.7 |
5.1 |
-0.1 |
|
Profit before tax |
250.8 |
64.2 |
84.7 |
54.4 |
47.5 |
|
Tax on the profit for the period |
-6.0 |
-1.3 |
-1.3 |
-2.1 |
-1.3 |
|
Profit for the period |
244.8 |
62.9 |
83.3 |
52.3 |
46.3 |
|
Profit for the period for the NORDEN shareholders |
244.8 |
62.9 |
83.3 |
52.3 |
46.3 |
|
|
|
|
|
|
|
| STATEMENT OF FINANCIAL POSITION | |||||
|
Non-current assets |
1,373.1 |
1,069.2 |
1,085.2 |
1,232.2 |
1,373.1 |
|
Total assets |
2,250.5 |
2,030.3 |
2,098.7 |
2,162.3 |
2,250.5 |
|
Equity at period-end |
1,998.1 |
1,869.9 |
1,901.8 |
1,951.5 |
1,998.1 |
|
Liabilities |
252.4 |
160.4 |
197.0 |
210.8 |
252.4 |
|
Invested capital |
1,443.8 |
1,229.5 |
1,251.2 |
1,247.1 |
1,443.8 |
|
Net interest-bearing assets |
554.3 |
640.5 |
650.6 |
704.4 |
554.3 |
|
Cash and securities |
612.7 |
701.5 |
711.6 |
762.8 |
612.7 |
|
CASH FLOWS |
|
|
|
|
|
|
From operating activities |
298.4 |
30.1 |
156.9 |
49.3 |
62.1 |
|
From investment activities |
-380.1 |
-64.9 |
-71.4 |
-55.5 |
-188.3 |
|
From financing activities |
-65.5 |
-2.6 |
-52.7 |
-10.2 |
-0.0 |
|
Change in cash and cash equivalents for the period |
-147.2 |
-37.3 |
32.9 |
-16.3 |
-126.5 |
3. Quarterly Key Figures 2009
|
Key figures in USD Million |
2009 |
Q1 |
Q2 |
Q3 |
Q4 |
| INCOME STATEMENT |
|
|
|
|
|
|
Revenue1) |
1,675.9 |
415.0 |
390.7 |
399.4 |
470.5 |
|
Costs1) |
-1,550.2 |
-400.2 |
-362.0 |
-371.0 |
-471.2 |
|
Profit before depreciation etc. (EBITDA) |
125.6 |
15.1 |
28.8 |
28.4 |
53.3 |
|
Profit from sale of vessels etc. |
69.6 |
16.4 |
22.7 |
12.5 |
17.9 |
|
Depreciation and impairment |
-39.5 |
-8.3 |
-8.6 |
-13.0 |
-9.7 |
|
Share of results of joint ventures |
1.0 |
-1.7 |
2.4 |
0.4 |
-0.1 |
|
Profit from operation (EBIT) |
156.7 |
21.6 |
45.3 |
28.4 |
61.5 |
|
Fair value adjustment of certain hedging instruments |
60.8 |
54.9 |
10.0 |
6.9 |
-11.0 |
|
Net financials |
7.1 |
-2.3 |
7.1 |
3.4 |
-1.1 |
|
Profit before tax |
224.5 |
74.2 |
62.3 |
38.7 |
49.3 |
|
Profit for the period |
217.2 |
72.5 |
60.0 |
36.9 |
47.8 |
|
Profit for the period for the NORDEN shareholders |
217.2 |
72.5 |
60.0 |
36.9 |
47.8 |
|
|
|
|
|
|
|
| STATEMENT OF FINANCIAL POSITION | |||||
|
Non-current assets |
1,027.8 |
934.7 |
973.1 |
941.3 |
1,027.8 |
|
Total assets |
2,031.7 |
1,950.7 |
1,922.4 |
1,985.8 |
2.031.7 |
|
Equity at period-end |
1,805.0 |
1,744.5 |
1,714.4 |
1,756.6 |
1,805.0 |
|
Non-current liabilities |
58.4 |
98.6 |
90.3 |
58.4 |
58.4 |
|
Current liabilities |
168.3 |
107.6 |
117.7 |
170.7 |
168.3 |
|
Invested capital |
1,133.2 |
935.7 |
980.2 |
1,043.9 |
1,133.2 |
|
Net interest-bearing assets |
671.8 |
808.9 |
734.2 |
712.7 |
671.8 |
|
Cash and securities |
735.4 |
875.0 |
800.4 |
776.3 |
735.4 |
|
CASH FLOWS |
|
|
|
|
|
|
From operating activities |
160.2 |
60.8 |
109.5 |
152.1 |
-162.2 |
|
From investment activities, including vessels |
-385.2 |
4.1 |
-18.1 |
-83.8 |
17.8 |
|
From financing activities |
-112.6 |
-12.6 |
-110.0 |
-112.6 |
122.6 |
|
Change in cash and cash equivalents for the period |
-32.4 |
52.3 |
-18.7 |
-44.4 |
-21.6 |
1)Figures have not been adjusted in connection with changes (effective as of the financial year 2010) in the recognition method for share of results of joint ventures. For further description, see note 1 ( pdf Annual Report 2010) to the financial statements, "Significant accounting policies".
4. Quarterly Key Figures 2008
|
Key figures in USD Million |
2008 |
Q1 |
Q2 |
Q3 |
Q4 |
| INCOME STATEMENT |
|
|
|
|
|
|
Revenue1) |
4,246.8 |
1,059.3 |
1,168.8 |
1,262.1 |
756.6 |
|
Costs1) |
-3,741.0 |
-938.3 |
-987.1 |
-1,065.4 |
-750.3 |
|
Profit before depreciation (EBITDA) |
505.7 |
121.1 |
181.7 |
196.6 |
6.3 |
|
Profit from sale of vessels |
290.0 |
55.1 |
122.0 |
82.2 |
30.7 |
|
Depreciation |
-31.6 |
-6.5 |
-6.3 |
-7.0 |
-11.8 |
|
Share of results of joint ventures |
8.6 |
0.2 |
1.2 |
1.5 |
5.7 |
|
Profit from operation (EBIT) |
772.6 |
170.0 |
298.6 |
273.3 |
30.7 |
|
Fair value adjustments etc (IAS 39) |
-81.1 |
0.9 |
102.2 |
-143.9 |
-40.3 |
|
Net financials |
29.1 |
32.7 |
0.3 |
-5.6 |
1.7 |
|
Profit before tax |
720.5 |
203.6 |
401.2 |
123.8 |
-8.1 |
|
Profit for the period |
707.8 |
200.2 |
397.6 |
120.1 |
-10.1 |
|
Profit for the period for the NORDEN shareholders |
707.8 |
200.2 |
397.6 |
120.1 |
-10.1 |
|
|
|
|
|
|
|
| STATEMENT OF FINANCIAL POSITION | |||||
|
Non-current assets |
922.5 |
676.6 |
846.3 |
905.4 |
922.5 |
|
Total assets |
2,041.7 |
1,700.8 |
1,810.0 |
1,970.3 |
2,041.7 |
|
Equity at period-end |
1,700.4 |
1,504.2 |
1,580.3 |
1,696.9 |
1,700.4 |
|
Non-current liabilities |
91.7 |
94.3 |
94.3 |
91.7 |
91.7 |
|
Current liabilities |
249.6 |
102.4 |
135.3 |
181.8 |
249.6 |
|
Invested capital |
940.4 |
902.6 |
1,129.7 |
1,134.5 |
940.4 |
|
Net interest-bearing debt |
-759.9 |
-601.6 |
-450.7 |
-562.4 |
-759.9 |
|
|
|
|
|
|
|
|
CASH FLOWS |
|
|
|
|
|
|
From operating activities |
540.9 |
117.0 |
206.4 |
86.6 |
130.9 |
|
From investment activities, including vessels |
-56.7 |
-65.3 |
-37.5 |
29.7 |
16.4 |
|
From financing activities |
-364.9 |
-18.3 |
-320.1 |
-5.7 |
-20.8 |
|
Change in cash and cash equivalents for the period |
119.3 |
33.3 |
-151.1 |
110.6 |
126.5 |
1)Figures have not been adjusted in connection with changes (effective as of the financial year 2010) in the recognition method for share of results of joint ventures. For further description, see note 1 ( pdf Annual Report 2010) to the financial statements, "Significant accounting policies".
5. Quarterly Key Figures 2007
|
Key figures in USD Million |
2007 |
Q1 |
Q2 |
Q3 |
Q4 |
| INCOME STATEMENT |
|
|
|
|
|
|
Revenue1) |
2,933.1 |
476.2 |
627.5 |
779.3 |
1,050.1 |
|
Costs1) |
-2,395.6 |
-388.6 |
-522.1 |
-641.8 |
-843.1 |
|
Profit before depreciation (EBITDA) |
537.5 |
87.6 |
105.4 |
137.5 |
207 |
|
Profit from sale of vessels |
163.1 |
68.2 |
47.2 |
20.8 |
26.9 |
|
Depreciation |
-19.5 |
-5,2 |
-4.9 |
-4.5 |
-4.9 |
|
Share of results of joint ventures |
1.6 |
0.5 |
0.1 |
-0.6 |
1.6 |
|
Profit from operation (EBIT) |
682.7 |
151.1 |
147.8 |
153.2 |
230.6 |
|
Fair value adjustments etc (IAS 39) |
19.9 |
-6.1 |
-1.7 |
39.3 |
-11.6 |
|
Net financials |
22.7 |
2.9 |
5.6 |
6.3 |
7.9 |
|
Profit before tax |
725.3 |
147.9 |
151.6 |
198.8 |
227.0 |
|
Tax for the period |
-22.0 |
-12.3 |
-2.1 |
-3.1 |
-4.6 |
|
Profit for the period |
703.3 |
135.6 |
149.5 |
195.7 |
222.4 |
|
|
|
|
|
|
|
| STATEMENT OF FINANCIAL POSITION | |||||
|
Non-current assets |
589.9 |
472.8 |
538.1 |
589.2 |
589.9 |
|
Total assets |
1,609.4 |
1,021.7 |
1,107.5 |
1,312.9 |
1,609.4 |
|
Equity at period-end |
1,311.2 |
849.3 |
889.4 |
1,088.2 |
1,311.2 |
|
Liabilities |
298.2 |
172.4 |
218.1 |
224.6 |
298.2 |
|
Cash and securities |
622.6 |
406.0 |
390.6 |
529.9 |
622.6 |
|
Invested capital |
786.3 |
544.9 |
620.4 |
656.1 |
786.3 |
|
Net interest-bearing debt |
-524.9 |
-304.4 |
-269.0 |
-432.1 |
-524.9 |
|
|
|
|
|
|
|
|
CASH FLOWS |
|
|
|
|
|
|
From operating activities |
466.7 |
63.4 |
111.4 |
168.6 |
123.3 |
|
From investment activities |
-4.6 |
75.2 |
-51.4 |
-7.6 |
-20.8 |
|
- of which investment in tantible assets |
-289.9 |
-56.6 |
-169.1 |
-56.8 |
-7.4 |
|
From financing activities |
-176.2 |
-50.6 |
-76.2 |
-21.4 |
-28.0 |
|
Change in cash and cash equivalents for the period |
285.9 |
88.0 |
-16.2 |
139.6 |
74.5 |
1)Figures have not been adjusted in connection with changes (effective as of the financial year 2010) in the recognition method for share of results of joint ventures. For further description, see note 1 ( pdf Annual Report 2010) to the financial statements, "Significant accounting policies".
6. Quarterly Key Figures 2006
|
Key figures in USD Million |
2006 |
Q1 |
Q2 |
Q3 |
Q4 |
| INCOME STATEMENT | |||||
|
Revenue1) |
1,234.2 |
254.9 |
267.8 |
316.8 |
394.7 |
|
Costs1) |
-1,068.1 |
-220.1 |
-237.4 |
-267.7 |
-342.9 |
|
Profit before depreciation (EBITDA) |
166.1 |
34.7 |
30.4 |
49.1 |
51.7 |
|
Profit from sale of vessels |
55.4 |
25.1 |
13.8 |
0.1 |
16.3 |
|
Depreciation |
-20.3 |
-4.4 |
-4.9 |
-5.3 |
-5.8 |
|
Share of results of joint ventures |
1.4 |
0.6 |
0.4 |
0.5 |
-0.1 |
|
Profit from operation (EBIT) |
202.6 |
56.0 |
39.8 |
44.5 |
62.2 |
|
Fair value adjustments etc (IAS 39) |
-27.0 |
3.3 |
-7.3 |
-26.0 |
3.0 |
|
Net financials |
12.4 |
2.5 |
4.8 |
2.1 |
3.0 |
|
Profit before tax |
188.0 |
61.9 |
37.3 |
20.6 |
68.2 |
|
Tax for the period |
-11.5 |
-7.1 |
-4.5 |
-0.8 |
1.0 |
|
Profit for the period |
176.5 |
54.7 |
32.8 |
19.7 |
69.2 |
|
|
|
|
|
|
|
| STATEMENT OF FINANCIAL POSITION | |||||
|
Non-current assets |
482.8 |
351.4 |
426.9 |
448.8 |
482.8 |
|
Total assets |
960.6 |
796.0 |
784.5 |
836.8 |
960.6 |
|
Equity at period-end |
713.5 |
663.0 |
624.4 |
643.7 |
713.5 |
|
Liabilities |
247.0 |
133.0 |
160.1 |
193.1 |
247.0 |
|
Cash and securities |
317.7 |
340.0 |
271.0 |
271.6 |
317.7 |
|
Invested capital |
556.6 |
408.8 |
456.2 |
492.3 |
556.6 |
|
Net interest-bearing debt |
-157.0 |
-254.2 |
-168.2 |
-151.4 |
-157.0 |
|
|
|
|
|
|
|
|
CASH FLOWS |
|
|
|
|
|
|
From operating activities |
123.1 |
33.9 |
40.1 |
39.5 |
9.8 |
|
From investment activities |
-84.3 |
25.8 |
-48.3 |
-60.0 |
-1.8 |
|
- of which investment in vessels (gross) |
-94.1 |
-34.2 |
-39.9 |
-19.3 |
-0.8 |
|
From financing activities |
-36.3 |
-34.6 |
-58.7 |
20.4 |
36.6 |
|
Change in cash and cash equivalents for the period |
2.6 |
25.1 |
-66.9 |
-0.1 |
44.5 |
Please see section "Accounting policies" in the pdf Annual Report for 2006 for detailed information on accounting policies.
1)Figures have not been adjusted in connection with changes (effective as of the financial year 2010) in the recognition method for share of results of joint ventures. For further description, see note 1 ( pdf Annual Report 2010) to the financial statements, "Significant accounting policies".
7. Quarterly Key Figures 2005
|
Key figures in USD Million |
2005 |
Q1 |
Q2 |
Q3 |
Q4 |
| INCOME STATEMENT | |||||
|
Revenue1) |
1,296.5 |
343.5 |
348.8 |
300.8 |
303.4 |
|
Costs1) |
-1,080.5 |
-284.2 |
-273.9 |
-258.5 |
-263.9 |
|
Profit before depreciation (EBITDA) |
215.9 |
59.3 |
74.9 |
42.2 |
39.5 |
|
Profit from sale of vessels |
120.1 |
19.5 |
-0.0 |
38.6 |
62.1 |
|
Depreciation |
-16.3 |
-4.0 |
-4.1 |
-4.9 |
-3.3 |
|
Share of results of joint ventures |
8.3 |
-0.0 |
7.9 |
0.3 |
0.2 |
|
Profit from operation (EBIT) |
328.0 |
74.7 |
78.7 |
76.2 |
98.4 |
|
Fair value adjustments etc (IAS 39) |
26.0 |
11.1 |
12.5 |
3.6 |
-1.2 |
|
Net financials |
-8.0 |
-3.9 |
-3.6 |
-0.6 |
0.0 |
|
Profit before tax |
345.9 |
81.9 |
87.6 |
79.2 |
97.2 |
|
Tax for the period |
-9.6 |
-1.5 |
-1.0 |
-1.2 |
-5.8 |
|
Profit for the period |
336.3 |
80.4 |
86.6 |
78.0 |
91.4 |
|
|
|
|
|
|
|
| STATEMENT OF FINANCIAL POSITION |
|
|
|
|
|
|
Non-current assets |
361.6 |
238.8 |
281.0 |
301.4 |
361.6 |
|
Total assets |
821.5 |
564.2 |
583.5 |
661.2 |
821.5 |
|
Equity at period-end |
611.2 |
393.7 |
440.8 |
519.2 |
611.2 |
|
Liabilities |
210.3 |
170.4 |
142.7 |
142.0 |
210.3 |
|
Cash and securities |
314.9 |
200.9 |
136.7 |
162.1 |
314.9 |
|
Invested capital |
409.6 |
292.5 |
401.5 |
427.8 |
409.6 |
|
Net interest-bearing debt |
-201.6 |
-101.3 |
-39.4 |
-91.4 |
-201.6 |
|
|
|
|
|
|
|
|
CASH FLOWS |
|
|
|
|
|
|
From operating activities |
244.7 |
108.9 |
47.0 |
59.4 |
29.4 |
|
From investment activities |
10.1 |
5.2 |
-65.9 |
-9.1 |
79.8 |
|
- of which investment in vessels (gross) |
-287.9 |
-20.6 |
-34.6 |
-101.1 |
-131.6 |
|
From financing activities |
-76.0 |
-48.1 |
-43.0 |
-27.5 |
42.6 |
|
Change in cash and cash equivalents for the period |
178.8 |
66.0 |
-61.9 |
22.8 |
151.8 |
Please see section "Accounting policies" in the pdf Annual Report for 2005 for detailed information on accounting policies.
1)Figures have not been adjusted in connection with changes (effective as of the financial year 2010) in the recognition method for share of results of joint ventures. For further description, see note 1 ( pdf Annual Report 2010) to the financial statements, "Significant accounting policies".
8. Quarterly Key Figures 2004
|
Key figures in USD Million |
2004 |
Q1 |
Q2 |
Q3 |
Q4 |
| INCOME STATEMENT | |||||
|
Revenue1) |
1,166.6 |
229.7 |
304.3 |
294.0 |
338.6 |
|
Costs1) |
-933.7 |
-174.2 |
-228.3 |
-242.7 |
-288.4 |
|
Profit before depreciation (EBITDA) |
232.9 |
55.6 |
76.0 |
51.3 |
50.1 |
|
Profit from sale of vessels |
49.8 |
- |
32.8 |
-0.0 |
17.0 |
|
Depreciation |
-13.3 |
-3.1 |
-3.3 |
-3.3 |
-3.7 |
|
Share of results of joint ventures |
0.2 |
0.1 |
0.1 |
0.0 |
0.0 |
|
Profit from operation (EBIT) |
269.5 |
52.6 |
105.5 |
48.0 |
63.5 |
|
Fair value adjustments etc (IAS 39) |
|
|
|
|
|
|
Net financials |
-2.5 |
-3.2 |
-1.7 |
-0.2 |
2.6 |
|
Profit before tax |
267.1 |
49.4 |
103.8 |
47.8 |
66.1 |
|
Tax for the period |
-3.0 |
-0.3 |
-1.3 |
-0.3 |
-1.0 |
|
Profit for the period |
264.1 |
49.1 |
102.5 |
47.4 |
65.1 |
|
|
|
|
|
|
|
| STATEMENT OF FINANCIAL POSITION | |||||
|
Non-current assets |
268.8 |
265.9 |
251.1 |
268.4 |
268.8 |
|
Total assets |
521.9 |
445.0 |
498.3 |
536.1 |
521.9 |
|
Equity at period-end |
340.1 |
255.5 |
325.3 |
356.5 |
340.1 |
|
Liabilities |
181.9 |
189.4 |
173.0 |
179.6 |
181.9 |
|
Cash and securities |
135.6 |
100.5 |
150.5 |
168.4 |
135.6 |
|
Invested capital |
322.4 |
296.9 |
299.1 |
309.0 |
322.4 |
|
Net interest-bearing debt |
-17.7 |
41.4 |
-26.2 |
-47.5 |
-17.7 |
|
|
|
|
|
|
|
|
CASH FLOWS |
|
|
|
|
|
|
From operating activities |
191.3 |
57.7 |
55.0 |
51.3 |
27.3 |
|
From investment activities |
13.5 |
-15.0 |
48.2 |
-30.0 |
10.4 |
|
- of which investment in vessels (gross) |
57.8 |
-19.1 |
-21.9 |
-19.1 |
118.0 |
|
From financing activities |
-129.5 |
2.7 |
-58.5 |
-3.2 |
-70.5 |
|
Change in cash and cash equivalents for the period |
75.3 |
45.4 |
44.7 |
18.1 |
-32.9 |
Please see section "Accounting policies" in the pdf Annual Report for 2004 for detailed information on accounting policies.
1)Figures have not been adjusted in connection with changes (effective as of the financial year 2010) in the recognition method for share of results of joint ventures. For further description, see note 1 ( pdf Annual Report 2010) to the financial statements, "Significant accounting policies".