Five-Year Highlights

In thousand of $, except Ordinary Shares, per Ordinary Share data and ratios.

Fiscal Year Ended December 31,	2006	2005	2004	2003	2002
INCOME STATEMENT DATA
Total operating revenues	105,728	100,179	135,695	75,246	40,276
Total operating expenses	54,463	51,778	42,441	18,457	18,398
Net operating income	51,265	48,401	93,254	56,789	21,878
Net income	45,717	43,967	85,839	47,461	12,552
Earnings per common share
- basic and diluted	2.67	2.57	5.02	2.78	0.73
Cash dividend declared per share	3.60	4.55	4.55	2.74	1.81
Cash dividends paid	61,560	77,805	77,805	46,854	30,951
BALANCE SHEET DATA (at end of year)
Cash and cash equivalents	8,538	12,634	31,653	6,312	228
Restricted cash	10,000	10,000	10,000	-	-
Vessels and equipment, net	267,949	285,070	301,500	-	-
Vessels under capital lease, net	-	-	-	319,408	337,001
Total assets	301,499	323,159	365,554	348,443	347,825
Short-term debt and current portion of long-term debt	11,211	11,200	11,309	8,400	-
Long-term debt	98,000	109,200	120,400	116,997	125,397
Stockholders' equity	179,190	195,033	228,871	215,527	208,639
Share capital	171	171	171	171	171
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	68,653	70,128	106,588	52,940	30,899
Cash used in investing activities	-	-	(9,310)	-	-
Cash used in financing activities	(72,729)	(89,147)	(71,937)	(46,854)	(30,951)
OTHER FINANCIAL DATA
Equity to assets ratio (1)	59.4%	60.4%	62.6%	61.9%	60.0%
Debt to equity ratio (2)	0.6	0.6	0.6	0.6	0.6
Price earnings ratio (3)	8.9	9.4	6.7	4.5	20.5

Notes:
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.