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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating revenues        
Time and voyage charter revenues $ 16,922 $ 18,336 $ 45,757 $ 36,872
Vessel and other management fees [1] 3,222 2,748 6,545 5,178
Operating revenues 20,144 21,084 52,302 42,050
Operating expenses        
Vessel operating expenses 14,801 11,785 29,338 25,552
Voyage and charter-hire expenses [1] 21,424 3,241 45,131 9,355
Administrative expenses 9,214 4,507 16,166 9,371
Depreciation and amortization 18,118 12,132 35,815 24,467
Total operating expenses 63,557 31,665 126,450 68,745
Gain on disposals to Golar Partners (includes amortization of deferred gains) 126 (483) 103,790 35,036
Loss on disposal of vessel 0 0 (5,824) [2] 0 [2]
Impairment on vessel held for sale (1,032) 0 (1,032) 0
Other operating gains and losses 0 0 0 1,317
Operating (loss)/income (44,319) (11,064) 22,786 9,658
Other non-operating income (expense)        
Dividend income [1] 3,914 6,439 7,495 12,855
Loss on sale of available-for-sale securities 0 0 (3,011) 0
Other non-operating expense 0 (750) 0 (32)
Total other non-operating income 3,914 5,689 4,484 12,823
Financial income (expenses)        
Interest income [1] 2,318 4 3,910 287
Interest expense (18,040) (1,371) (34,669) (3,535)
Other financial items, net 50,802 (22,024) 18,851 (38,736)
Net financial income (expenses) 35,080 (23,391) (11,908) (41,984)
(Loss) income before taxes and equity in net earnings of affiliates (5,325) (28,766) 15,362 (19,503)
Income taxes 742 566 1,803 1,180
Equity in net earnings of affiliates 4,406 3,970 7,225 7,084
Net (loss) income (177) (24,230) 24,390 (11,239)
Net income attributable to non-controlling interests (2,386) 0 (5,035) 0
Net (loss) income attributable to Golar LNG Ltd $ (2,563) $ (24,230) $ 19,355 $ (11,239)
Basic and diluted earnings per share ($) (in USD per share) $ (0.03) $ (0.30) $ 0.22 $ (0.14)
Cash dividends declared and paid per share (in USD per share) $ 0.45 $ 0.45 $ 0.90 $ 0.90
[1] This includes amounts arising from transactions with related parties. (See note 17)
[2] The sale of the Golar Viking to Equinox in February 2015 was funded by a bridging loan facility and seller's credit (See note 13).