XML 29 R44.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segmental Information (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2015
USD ($)
Jun. 30, 2014
USD ($)
Jun. 30, 2015
USD ($)
segment
charter
Jun. 30, 2014
USD ($)
charter
Dec. 31, 2014
USD ($)
Segment Reporting Information [Line Items]          
Number of reportable segments | segment     3    
Number of reportable segments where vessels are operated | segment     1    
Time charter revenues $ 16,922 $ 18,336 $ 45,757 $ 36,872  
Vessel and other management fees [1] 3,222 2,748 6,545 5,178  
Vessel and voyage operating expenses (36,225) (15,026) (74,469) (34,907)  
Administrative expenses (9,214) (4,507) (16,166) (9,371)  
Depreciation and amortization (18,118) (12,132) (35,815) (24,467)  
Other operating gains and losses 0 0 0 1,317  
Gain on disposals to Golar Partners (including amortization of deferred gains) 126 (483) 103,790 35,036  
Loss on disposal of fixed assets 0 0 (5,824) [2] 0 [2]  
Impairment of vessel 'Held for sale' (1,032) 0 (1,032) 0  
Dividend income 3,914 6,439 7,495 12,855  
Other non-operating expense 0 (750) 0 (32)  
Loss on sale of available-for-sale securities 0 0 (3,011) 0  
Net financial income/(expenses) 35,080 (23,391) (11,908) (41,984)  
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)  
Total assets 4,171,231 3,406,735 $ 4,171,231 $ 3,406,735 $ 3,991,993
Number of charterers | charter     5 3  
Nigeria LNG Ltd | Customer Concentration Risk | Revenues          
Segment Reporting Information [Line Items]          
Time charter revenues $ 10,556 $ 0 $ 18,444 $ 0  
Concentration risk, percentage 62.00% 0.00% 40.00% 0.00%  
Major commodity trading company | Customer Concentration Risk | Revenues          
Segment Reporting Information [Line Items]          
Time charter revenues $ 3,761 $ 1,473 $ 7,910 $ 0  
Concentration risk, percentage 22.00% 8.00% 17.00% 0.00%  
Major Japanese trading company | Customer Concentration Risk | Revenues          
Segment Reporting Information [Line Items]          
Time charter revenues $ 0 $ 12,513 $ 6,623 $ 24,888  
Concentration risk, percentage 0.00% 68.00% 14.00% 67.00%  
Multinational oil and gas company | Customer Concentration Risk | Revenues          
Segment Reporting Information [Line Items]          
Time charter revenues     $ 4,388 $ 0  
Concentration risk, percentage     10.00% 0.00%  
KNPC | Customer Concentration Risk | Revenues          
Segment Reporting Information [Line Items]          
Time charter revenues     $ 0 $ 4,183  
Concentration risk, percentage     0.00% 11.00%  
EDF Trading | Customer Concentration Risk | Revenues          
Segment Reporting Information [Line Items]          
Time charter revenues $ 0 $ 2,380      
Concentration risk, percentage 0.00% 13.00%      
Vessel operations          
Segment Reporting Information [Line Items]          
Time charter revenues $ 16,922 $ 18,336 $ 45,757 $ 36,872  
Vessel and other management fees 3,222 2,748 6,545 5,178  
Vessel and voyage operating expenses (36,225) (15,026) (74,469) (34,907)  
Administrative expenses (9,214) (4,542) (16,166) (9,332)  
Depreciation and amortization (18,118) (12,055) (35,815) (24,236)  
Other operating gains and losses     0 0  
Gain on disposals to Golar Partners (including amortization of deferred gains) 126 (483) 103,790 35,036  
Loss on disposal of fixed assets     (5,824) 0  
Impairment of vessel 'Held for sale' (1,032) 0 (1,032) 0  
Dividend income 3,914 6,439 7,495 12,855  
Other non-operating expense 0 (1,468) 0 (750)  
Loss on sale of available-for-sale securities     (3,011) 0  
Net financial income/(expenses) 35,080 (23,391) (11,908) (41,732)  
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) (24,906) 24,390 (12,752)  
Net income attributable to non-controlling interests (2,386) 0 (5,035) 0  
Net (loss) income attributable to Golar LNG Ltd (2,563) (24,906) 19,355 (12,752)  
Total assets 3,743,226 3,405,382 3,743,226 3,405,382  
LNG Trading          
Segment Reporting Information [Line Items]          
Time charter revenues 0 0 0 0  
Vessel and other management fees 0 0 0 0  
Vessel and voyage operating expenses 0 0 0 0  
Administrative expenses 0 35 0 (39)  
Depreciation and amortization 0 (77) 0 (231)  
Other operating gains and losses     0 1,317  
Gain on disposals to Golar Partners (including amortization of deferred gains) 0 0 0 0  
Loss on disposal of fixed assets     0 0  
Impairment of vessel 'Held for sale' 0 0 0 0  
Dividend income 0 0 0 0  
Other non-operating expense 0 718 0 718  
Loss on sale of available-for-sale securities     0 0  
Net financial income/(expenses) 0 0 0 (252)  
Income taxes 0 0 0 0  
Equity in net earnings of affiliates 0 0 0 0  
Net (loss) income 0 676 0 1,513  
Net income attributable to non-controlling interests 0 0 0 0  
Net (loss) income attributable to Golar LNG Ltd 0 676 0 1,513  
Total assets 0 $ 1,353 0 $ 1,353  
FLNGV          
Segment Reporting Information [Line Items]          
Time charter revenues 0   0    
Vessel and other management fees 0   0    
Vessel and voyage operating expenses 0   0    
Administrative expenses 0   0    
Depreciation and amortization 0   0    
Other operating gains and losses     0    
Gain on disposals to Golar Partners (including amortization of deferred gains) 0   0    
Loss on disposal of fixed assets     0    
Impairment of vessel 'Held for sale' 0   0    
Dividend income 0   0    
Other non-operating expense 0   0    
Loss on sale of available-for-sale securities     0    
Net financial income/(expenses) 0   0    
Income taxes 0   0    
Equity in net earnings of affiliates 0   0    
Net (loss) income 0   0    
Net income attributable to non-controlling interests 0   0    
Net (loss) income attributable to Golar LNG Ltd 0   0    
Total assets $ 428,005   $ 428,005    
[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).