In thousand of $, except Ordinary Shares, per Ordinary Share data and ratios.
|Fiscal Year Ended December 31,||2009||2008||2007||2006||2005|
|INCOME STATEMENT DATA|
|Total operating revenues||67,339||82,914||88,160||105,728||100,179|
|Total operating expenses||43,583||33,796||46,913||54,463||51,778|
|Net operating income||23,756||49,118||90,336||51,265||48,401|
|Earnings per common share|
|- basic and diluted||1,27||2,81||4,96||2.67||2.57|
|Cash dividend declared per share||0,25||2,75||2,50||3.60||4.55|
|Cash dividends paid||4,275||47,025||42,750||61,560||77,805|
|BALANCE SHEET DATA (at end of year)|
|Cash and cash equivalents||7,964||77,998||82,143||8,538||12,634|
|Vessels and equipment, net||344,399||187,360||201,072||267,949||285,070|
|Short-term debt and current portion of long-term debt||13,960||42,560||8,960||11,211||11,200|
|Common shares outstanding||17,100,000||17,100,000||17,100,000||17,100,000||17,100,000|
|CASH FLOW DATA|
|Cash provided by operating activities||34,562||69,687||48,186||68,653||70,128|
|Cash used in investing activities||(116,475)||(17,847)||65,521||-||-|
|Cash used in financing activities||11,879||(55,985)||(40,102)||(72,729)||(89,147)|
|OTHER FINANCIAL DATA|
|Equity to assets ratio (1)||63,9%||67,0%||64,7%||59.4%||60.4%|
|Debt to equity ratio (2)||0.5||0.5||0.5||0.6||0.6|
|Price earnings ratio (3)||10.4||5.2||4.9||8.9||9.4|
1. Equity to assets ratio is calculated as total stockholders' equity divided by total assets.
2. Debt to equity ratio is calculated as total interest bearing current and long-term liabilities, including obligations under capital leases, divided by stockholders' equity.
3. Price earnings ratio is calculated using the year end share price divided by basic earnings per Share.