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For the three months ended 31 March 2017, Farstad Shipping ASA revenues decreased 40% to NOK495.6M. Net income increased from NOK94.2M to NOK1.11B. Revenues reflect AHTS segment decrease of 47% to NOK228.3M, SUBSEA segment decrease of 37% to NOK126.3M, Indian Pacific segment decrease of 57% to NOK140.8M, Brazil segment decrease of 39% to NOK185.7M. Net income reflects Financial income increase from NOK3.8M to NOK1.74B (income).
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Revenue | 495.6 | 523.65 | 601.37 | 735.13 |
Gross Profit | -251.23 | 142.48 | 89.2 | 278.39 |
Operating Income | -488.83 | -2182.54 | -197.9 | -788.5 |
Net Income | 1110.49 | -2382.56 | -350.27 | -961.67 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Assets | 13222.18 | 13537.73 | 15988.33 | 16292.75 |
Total Liabilities | 9425.42 | 12551.12 | 12620.68 | 12662.07 |
Total Equity | 3796.76 | 986.61 | 3367.66 | 3630.68 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -33.86 | 300.31 | 365.3 | 288.7 |
Cash From Investing Activities | -469.5 | -19.02 | 12.06 | -3.26 |
Cash From Financing Activities | 863.28 | -1052.94 | -854.6 | -721.59 |
Net Change in Cash | 367.35 | -819.88 | -523.87 | -485.88 |
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