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For the fiscal year ended 31 December 2017, I M Skaugen Se revenues decreased 15% to $17M. Net loss before extraordinary items increased from $8.9M to $48.8M. Revenues reflect Gross freight revenues decrease of 14% to $15.1M, Other Revenues decrease of 23% to $1.9M. Higher net loss reflects Impairment of Intangibles Excl Goodwill increase from $0K to $16.1M (expense), Write-Down Vessels increase from $0K to $15.5M (expense).
Period Ending: | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Total Revenue | 17.01 | 10.15 | 11.97 | 17.09 |
Gross Profit | 2.77 | 4.59 | 9.71 | |
Operating Income | -35.85 | -9.72 | -7.46 | -3.26 |
Net Income | -63.61 | -12.22 | -11.19 | -6.03 |
Period Ending: | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Total Assets | 67.86 | 126.66 | 133.86 | 134.93 |
Total Liabilities | 115.34 | 139.86 | 134.84 | 124.72 |
Total Equity | -47.48 | -13.2 | -0.98 | 10.21 |
Period Ending: | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Period Length: | 12 Months | 9 Months | 6 Months | 3 Months |
Cash From Operating Activities | 11.34 | 2.63 | -1.51 | -0.09 |
Cash From Investing Activities | -1.07 | 0 | 0 | 0 |
Cash From Financing Activities | -11.29 | -3.19 | -0.75 | -0.33 |
Net Change in Cash | -1.01 | -0.56 | -2.26 | -0.42 |
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