Investor Presentaiton
Income statement¹ - Odfjell Group by division
USD mill
Tankers
Terminals
Total*
Timecharter earnings
Pool distribution
Net Timecharter Earnings (TCE)
TC expenses
Operating expenses**
General and administrative expenses
(8.4) (9.2) (8.1)
(40.1) (40.4) (42.0)
(15.1) (13.8) (14.4)
1Q20 2Q20 3Q20 YTD20 2019 1Q20 2Q20
137.8 157.7 149.1 444.6 518.6 17.5 16.0
(21.1)
(16.1) (20.5)
(57.7) (55.5)
121.7 137.2 128.0 386.9 574.1 17.5 16.0
(25.7) (45.5)
-
-
3Q20 YTD20 2019 1Q20 2Q20
16.3 49.8 69.8 156.1 174.7
(16.1)
3Q20 YTD20 2019
166.4 497.2 593.2
(20.5)
(21.1) (57.7) (55.5)
16.3
49.8
69.8 140.0
154.1
145.3 439.4 537.7
(8.4)
(9.2)
(8.1) (25.7) (45.5)
EBITDA
57.9 73.9
63.6
(123.5) (167.5) (6.6)
(43.3) (65.8) (2.7)
195.4 184.4 8.1
(6.2)
(6.1)
(18.9)
(2.2)
(2.4)
(7.3)
7.6
7.8
23.5
(27.4) (47.3)
(15.7) (17.8)
26.7 66.3
(47.1)
(48.8) (143.2) (197.3)
(15.9)
81.9
Depreciation**
(36.1) (36.9) (38.6) (111.6) (143.0) (5.4) (5.3)
(5.4)
(16.1) (21.7) (41.9)
(42.7)
(16.8) (50.5) (81.5)
71.7 219.9 213.4
(44.5) (129.9) (165.1)
Impairment
(2.4)
-
(2.3)
0.1
-
0.1 (4.7)
Capital gain/loss
-
0.1
-
0.1
-
(0.1) 10.3
(0.1)
10.1
15.4 (0.1)
10.4
EBIT
21.8
37.1
25.0
83.9
39.0 2.7
12.5
2.2
Net interest expenses**
(21.1) (20.9)
(19.9)
Other financial items
(4.9)
4.1
(1.3)
0.5
(61.9) (82.4) (1.2) (0.7)
(1.1) (0.1)
(0.6)
(2.5)
-
0.1
Taxes
(1.0) (1.1)
(1.1)
(3.2)
(2.9) (0.3) (0.2)
(0.3)
(0.8)
Net results
(5.2)
19.3
2.6
16.7
(47.4) 1.0 11.6
1.5
14.1
9.3
17.4 18.1 24.3
(5.9) (22.2) (21.6)
(5.2) 4.1
(2.9) (1.3) (1.3)
(4.4)
49.7
30.9
3.9
30.4
(0.1) 10.2
27.1 101.1 59.0
(20.7) (64.5) (88.3)
(1.5) (2.6) (1.1)
(1.4) (4.0) (5.8)
(36.6)
15.4
1Proportional consolidation method *Total Includes contribution from Gas Carriers,** Includes right of use assets
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