Matson Results Presentation Deck
4
Preliminary Fourth Quarter 2023 Results (continued)
($ in millions, except per share data)
INCOME STATEMENT
Operating Income
Ocean transportation
Logistics
Total operating income
Other income (expense), net
Interest income
Interest expense
Income before taxes
Income taxes
Effective income tax rate
Net income
Diluted EPS
ā
Quarter Ended
December 31, 2022
$79.8
12.8
92.6
2.2
6.9
(3.7)
98.0
20.0
20.4%
$78.0
$ 2.10
Quarter Ended
December 31, 2023
Preliminary Range
$61.0
8.0
69.0
1.6
9.8
(2.4)
78.0
20.3
26.0%
$57.7
$1.65
$66.0
9.0
75.0
1.6
9.8
(2.4)
84.0
21.8
26.0%
$62.2
$ 1.78
(1) Total debt is presented before any adjustment for deferred loan fees as required by U.S. GAAP.
Preliminary Fourth Quarter 2023 Earnings Supplement
($ in millions)
BALANCE SHEET
Total debt
Private placement term loans
Title XI debt
Revolving credit facility
Total debt (1)
Cash and cash equivalents
Capital Construction Fund
Quarter Ended
December 31, 2023
The effective income tax rate for 4Q23 is estimated to be higher than the approximately 23 percent
previously forecast primarily due to discrete tax adjustments
$160.6
280.0
$ 440.6
$ 134.0
$ 599.4
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