Investor Presentaiton
Annual Financial Overview
Fleet TCE/Operating Day1
TCE / operating day
$45,000
$40,000
$35,000
$30,000
$25,000
$21,966
$21,746
$20,000
$15,000
$10,000
$5,000
FY18
FY19
Adjusted EBITDA1
$250
$42,798
$39,606
$34,669
$200
FY20
FY21
FY22
Vessel Operating Expense / Calendar Day¹
OpEx / calendar day
$12,000
millions
$150
$100
$74.5
$64.4
$50
FY18
Net Debt to Capitalization²
$233.2
$188.6
$161.1
FY19
FY20
FY21
FY22
42%
40.8%
$9,741
$9,538
$10,000
$8,877
39.7%
$8,329
40%
$8,009
$8,000
38%
$6,000
36%
35.3%
34.9%
$9,172
$8,359
$9,328
$4,000
$8,008
$8,205
34%
31.6%
32%
$2,000
$1
$124
$518
$569
$209
30%
FY18
FY19
FY20
FY21
FY22
28%
FY18
FY19
DD/SS costs
■OpEx
1.
Refer to SEC filings for definitions
FY20
FY21
FY22
27
22
2.
Net Debt defined as (Total Debt - Cash - Restricted Cash - Short-term Investments); Net Debt to Capitalization defined as (Net Debt / Net Debt + Shareholders' Equity)View entire presentation