KEY FIGURES/FINANCIAL RATIOS

ODFJELL GROUP Figures in 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
FROM INCOME STATEMENT
Gross revenue USD mill. 929 1 053 1 027 1 212 1 154 1 048 1 058 1 274 1 083 958
EBITDA (1) USD mill. 137 66 41 93 113 94 99 209 255 196
Depreciation and impairment USD mill. (109) (94) (89) (132) (122) (124) (119) (122) (119) (103)
Capital gain (loss) on non-current assets USD mill. - 7 (9) (4) 31 (6) 44 53 25 15
EBIT (2) USD mill. 28 (22) (57) (43) 21 (36) 11 140 159 125
Net financial items USD mill. (58) (53) (46) (68) (35) (30) (28) (43) (55) (38)
Net result from discontinued operation USD mill. - 288 33 30 34 27 20
Net result allocated to shareholders' equity before extraordinary items* USD mill. (36) (75) (108) (111) 269 (79) 11 131 130 116
Net result allocated to shareholders' equity USD mill. (36) (75) (108) (111) 269 (79) 121 163 (10) 116
Net result USD mill. (36) (75) (108) (111) 269 (79) 121 163 (10) 116
Dividend paid USD mill. - 14 12 34 43 72

 

FROM STATEMENT OF FINANCIAL POSITION

Total non-current assets USD mill. 1 679 1 761 1 791 1 993 2 140 2 195 2 256 2 226 2 048 1 815
Current assets USD mill. 264 271 258 576 388 385 442 359 331 374
Shareholders' equity USD mill. 645 638 759 908 973 766 901 715 666 702
Minority interests USD mill. - 7 6 6 5 6 6 6
Total non-current liabilities USD mill. 1 095 880 1 055 1 141 1 244 1 356 1 475 1 540  1 362 1 225
Current liabilities USD mill. 203 514 235 514 305 451 318 324 343 256
Total assets USD mill. 1 943 2 032 2 049 2 569 2 528 2 580 2 699 2 585 2 379 2 189

 

PROFITABILITY

Earnings per share - basic/diluted - before extraordinary items (3) USD mill. (0,41) (0.95) (1.35) (1.37) 3.43 (0.46) 0.13 1.56 1.56 1.38
Earnings per share - basic/diluted (4) USD mill. (0,41) (0.95) (1.35) (1.37) 3.43 (0.99) 1.42 1.95 (0.12) 1.38
Return on total assets - before extraordinary items*) (5) % 0,4 (1.6) (3.6) (2.3) 12.4 0.4 2.3 8.2 8.5 8.2
Return on total assets (6) % 0,4 (1.6) (3.6) (2.3) 12.4 (1.2) 6.5 9.5 2.0 8.2
Return on equity - before extraordinary items*) (7) % (5,6) (10.8) (12.8) (11.6) 30.6 (4.2) 1.4 18.6 19.0 16.6
Return on equity (8) % (5,6) (10.8) (12.8) (11.6) 30.6 (9.4) 14.9 23.3 (1.5) 16.6
Return on capital employed (9) % 1,7 (0.9) (6.4) (2.0) 2.5 0.8 3.6 10.2 12.0 9.5

 

FINANCIAL RATIOS

Average number of shares mill. 86,77 78.74 79.39 80.60 78.56 79.29 85.22 83.81 83.34 84.23
Basic/diluted equity per share (10) USD 7,44 7.35 9.67 10.46 12.71 9.75 11.00 8.24 8.00 8.41
Share price per A-share USD 3,22 3.88 6.74 4.29 5.99 9.23 9.03 6.22 16.47 18.34
Interest-bearing debt USD mill. 1 168 1 163 1 136 1 221 1 246 1 527 1 576 1 500 1 347 1 293
Bank deposits and securities (11) USD mill. 126 105 94 170 205 142 185 193 165 242
Debt repayment capability (12) Years 14,3 124.8 15.7 45.1 2.8 11.4 10.6 6.0 4.9 4.8
Current ratio (13)   1,3 0.5 1.1 1.1 1.3 0.9 1.4 1.1 1.0 1.5
Equity ratio (14) % 33 31 37 36 39 30 34 28 28 32

 

Other

USD/NOK rate at year-end   8,80 7.43 6.08 5.59 6.01 5.85 5.76 7.00 5.40 6.27
Employees at year-end   3 034 3 311 3 352 3 540 3 761 3 796 3 707 3 690 3 634 3 487

*) Extraordinary items are retroactive tax in 2007, 2008, 2009 and 2010. 
As from 2013 figures are presented based on equity method, for earlier years figures are based on proportionate method.

Figures from profit and loss statement are according to International Financial Reporting Standards (IFRS) as from 2004 and for balance sheet as from 2003.
Historical figures per share have been adjusted for past bonus share issues and the share-splits in 2004 and 2005.
Profit and loss figures have been adjusted for discontinued operation earlier than year 2011.
Balance sheet 2012 and 2011 have been adjusted for pension corridor.

1. Operating result before depreciation, amortisation and capital gain (loss)
      on non-current assets.
2. Operating result.
3. Net result allocated to shareholders' equity before extraordinary items divided by the average  
     number of shares.
4. Net result allocated to shareholders' equity divided by the average number of shares.
5. Net result plus interest expenses and extraordinary items divided by average total assets.
6. Net result plus interest expenses divided by average total assets.
7. Net result plus extraordinary items divided by average total equity.
8. Net result divided by average total equity.
9. Operating result divided by average total equity plus net interest-bearing debt.

10. Shareholders' equity divided by number of shares per 31.12.
11. Bank deposits and securities includes cash, cash equivalents and available-for-sale investments.
12. Interest-bearing debt less bank deposits and securities, divided by cash flow
before capital gain (loss) on non-current assets.
13. Current assets divided by current liabilities.
14. Total equity as percentage of total assets.