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SEGMENTAL INFORMATION (Tables)
12 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Segment reporting information
(in thousands of $)
2012
 
2011
 
Vessel operations

 
LNG
Trading

 
Total

 
Vessel
operations

 
LNG
Trading

 
Total

Time charter revenues
410,345

 

 
410,345

 
299,848

 

 
299,848

Vessel and voyage operating expenses
(96,525
)
 

 
(96,525
)
 
(68,914
)
 

 
(68,914
)
Administrative expenses
(23,973
)
 
(1,040
)
 
(25,013
)
 
(26,988
)
 
(6,691
)
 
(33,679
)
Impairment of long-term assets
(500
)
 

 
(500
)
 
(500
)
 

 
(500
)
Depreciation and amortization
(85,187
)
 
(337
)
 
(85,524
)
 
(69,814
)
 
(472
)
 
(70,286
)
Other operating gains and losses

 
(27
)
 
(27
)
 

 
(5,438
)
 
(5,438
)
Operating income (loss)
204,160

 
(1,404
)
 
202,756

 
133,632

 
(12,601
)
 
121,031

Other non-operating income (loss)
858,080

 
(151
)
 
857,929

 
541

 

 
541

Net financial expenses
(42,864
)
 
(4
)
 
(42,868
)
 
(52,593
)
 
(509
)
 
(53,102
)
Income taxes
(2,765
)
 

 
(2,765
)
 
1,705

 

 
1,705

Equity in net losses of affiliates
(609
)
 

 
(609
)
 
(1,900
)
 

 
(1,900
)
Net income (loss)
1,016,002

 
(1,559
)
 
1,014,443

 
81,385

 
(13,110
)
 
68,275

Non-controlling interests
(43,140
)
 

 
(43,140
)
 
(21,625
)
 

 
(21,625
)
Net income attributable to Golar LNG Ltd
972,862

 
(1,559
)
 
971,303

 
59,760

 
(13,110
)
 
46,650

Total assets
2,413,564

 
835

 
2,414,399

 
2,230,006

 
2,628

 
2,232,634

Investment in affiliates
367,656

 

 
367,656

 
22,529

 

 
22,529

Capital Expenditures
342,987

 

 
342,987

 
289,182

 

 
289,182

Revenue by major customer
In the years ended December 31, 2012, 2011 and 2010, revenues from the following customers accounted for over 10% of the Company's consolidated time charter revenues:

(in thousands of $)
2012
 
2011
 
2010
Petrobras*
90,321

 
22
%
 
93,741

 
31
%
 
90,652

 
37
%
Dubai Supply Authority*
45,951

 
11
%
 
47,054

 
16
%
 
29,893

 
12
%
Pertamina*
35,455

 
9
%
 
37,829

 
13
%
 
36,944

 
15
%
Qatar Gas Transport Company
23,006

 
6
%
 
35,461

 
12
%
 

 

BG Group plc*
96,179

 
23
%
 
25,101

 
8
%
 
49,147

 
20
%
PT Nusantara Regas*
38,789

 
9
%
 

 

 

 

Shell
2,590

 
1
%
 
5,105

 
2
%
 
25,440

 
10
%
Revenues and fixed assets with respect to geographical area
The following geographical data presents the Company's revenues and fixed assets with respect only to its FSRUs, operating under long-term charters, at specific locations. LNG vessels operate on a worldwide basis and are not restricted to specific locations. Accordingly, it is not possible to allocate certain assets of these operations to specific countries.
Revenues
 
2012

 
2011

 
2010

 
 
 
 
 
 
 
Brazil*
 
90,321

 
93,741

 
90,652

United Arab Emirates*
 
45,951

 
47,054

 
29,893

Indonesia*
 
38,789

 

 

Fixed assets
 
2012

 
2011

 
 
 
 
 
Brazil **
 

 
393,214

United Arab Emirates **
 

 
163,495


* A substantial portion of these revenues pertain to vessels owned by Golar Partners and its subsidiaries which were deconsolidated from December 13, 2012.
** These fixed assets relate to the FSRU vessels owned by Golar Partners and from December 13, 2012, have been deconsolidated from the Company's Consolidated Balance Sheet.