Polar Marquis

Key figures

The GC Rieber Shipping Group,

Income Statement figures (in NOK 1000)

  2016

2015

2014

Total operating income 205 505 980 247 881 460
Total operating expenses -222 600 -618 130 -451 358
Profit from jointly controlled entities 26 784 36 088 23 373
EBITDA 9 688 398 204 453 475
Depreciation  -121 191 -261 771 -173 426
Write-downs -192 403 -251 587 0
Gains (losses) on sale of fixed assets 0 19 173 108
EBIT -303 906 -95 980 280 157
Net financial items -53 092 -150 874 -358 615
 - whereof unrealised currency gains/losses -2 591 -14 818 -115 948
Net income before taxes -356 998 -246 854 -78 458
Profit from continuing operations -360 609 0 0
Profit from discontiued operations -382 334 0 0
Net income for the year -742 943 -307 715 -80 073
       
Normalised profit (1) -404 420 157 200 253 800
       
Balance Sheet figures (in NOK 1000)        
Fixed assets 2 478 997  4 994 152 4 293 590
Current assets   283 179 677 575 654 159
Equity  1 326 649 2 381 429 2 304 243
Long-term liabilities 1 237 784  2 864 439 2 114 630
Current liabilities 197 743  408 240 528 875
Total equity and liabilities  2 762 176  5 671 726 4 947 748
       
Financial key figures            
Equity ratio (2) 48 %  42 % 47 %
Equity per share (3)  30 55 53
Interest-bearing debt 1 356 960 3 153 599 2 365 195
Bank deposits and liquid assets  208 212 630 638 506 934
       
Profitability       
EBITDA margin  4.7 % 40.6 % 51.4 %
Return on equity (4) -40.1 %  -13.1 % -3.6 %
Return on total assets () -16.1 %  -3.8 % 0.5 %
Earnings per share (7)  -17.02  -7.05 -1.83
Weighted average  number of shares    43 662 000 43 662 000  43 662 000 

                    
Definitions:

  1. Profit before taxes from continuing operations adjusted for unrealised currency gains/losses, sales gains and write-downs (incl. write-downs in associated companies) 
  2. Equity as per 31.12 divided by total equity & liabilities as per 31.12 
  3. Equity as per 31.12 divided by number of outstanding shares as per 31.12 
  4. Net profit divided by average equity 
  5. Net profit + financial expenses, divided by average total assets 
  6. Net profit divided by average number of shares outstanding