SEGMENTAL INFORMATION (Restated) (Tables)

12 Months Ended

Dec. 31, 2015



(in thousands of $)	2015 - Restated							2014 - Restated								2013 - Restated
	Vessel operations		LNG trading	FLNG*		Total		Vessel operations		LNG trading		FLNG*		Total		Vessel operations		LNG trading		Total
Time and voyage charter revenues	90,127		—	—		90,127		95,399		—		—		95,399		90,558		—		90,558
Vessel and other management fees	12,547		—	—		12,547		10,756		—		—		10,756		9,270		—		9,270
Vessel and voyage operating expenses	(125,389	)	—	—		(125,389	)	(76,910	)	—		—		(76,910	)	(58,009	)	—		(58,009	)
Administrative expenses	(28,657	)	—	(4,869	)	(33,526	)	(17,468	)	(64	)	(1,735	)	(19,267	)	(22,816	)	(136	)	(22,952	)
Impairment of long-term assets	(1,957	)	—	—		(1,957	)	(500	)	—		—		(500	)	(500	)	—		(500	)
Depreciation and amortization	(73,732	)	—	—		(73,732	)	(49,561	)	(250	)	—		(49,811	)	(36,562	)	(309	)	(36,871	)
Other operating loss	—		—	—		—		(6,387	)	—		—		(6,387	)	—		—		—
Other operating gains (losses) - LNG trade	—		—	—		—		—		1,317		—		1,317		—		—		—
Gain on disposals to Golar Partners (including amortization of deferred gain)	102,406		—	—		102,406		43,287		—		—		43,287		82,270		—		82,270
Impairment of vessel held-for-sale	(1,032	)	—	—		(1,032	)	—		—		—		—		—		—		—
Loss on disposal of vessel	(5,824	)	—	—		(5,824	)	—		—		—		—		—		—		—
Operating (loss) income	(31,511	)	—	(4,869	)	(36,380	)	(1,384	)	1,003		(1,735	)	(2,116	)	64,211		(445	)	63,766
Total other non-operating income (expense)	(27	)		—		(27	)	(446	)	718		—		272		(2,482	)	—		(2,482	)
Net financial (expenses) income	(174,619	)	—	—		(174,619	)	(87,600	)	(252	)	—		(87,852	)	41,768		—		41,768
Income taxes	3,053		—	—		3,053		1,114		—		—		1,114		3,404		—		3,404
Equity in net earnings (losses) of affiliates	55,985		—	—		55,985		42,220		—		—		42,220		3,099		—		3,099
Net (loss) income	(147,119	)	—	(4,869	)	(151,988	)	(46,096	)	1,469		(1,735	)	(46,362	)	110,000		(445	)	109,555
Non-controlling interests	(19,158	)	—	—		(19,158	)	(1,655	)	—		—		(1,655	)	—		—		—
Net (loss) income attributable to Golar LNG Ltd	(166,277	)	—	(4,869	)	(171,146	)	(47,751	)	1,469		(1,735	)	(48,017	)	110,000		(445	)	109,555
Total assets	3,398,394		—	870,804		4,269,198		3,538,287		1,335		360,120		3,899,742		2,591,398		268		2,591,666
Investment in affiliates	541,565		—	—		541,565		746,263		—		—		746,263		766,024		—		766,024
Capital expenditures	565,777		—	111,572		677,349		1,202,901		—		313,645		1,516,546		734,155		—		734,155

* The Hilli conversion into a FLNG commenced in 2014. Therefore no comparative segmental information for the year ended December 31, 2013 was presented. We incurred FLNG project costs of $7.7 million for the year ended December 31, 2013. These were included in administrative expenses.

Revenue by major customer

In the years ended December 31, 2015, 2014 and 2013, revenues from the following customers accounted for over 10% of our consolidated time charter revenues:



(in thousands of $)	2015			2014			2013
Nigeria LNG Ltd	37,994	42	%	—	—	%	—	—	%
Major commodity trading company	16,167	18	%	15,761	17	%	—	—	%
Major Japanese trading company	—	—	%	55,975	59	%	47,744	53	%
Gdf Suez Gas	—	—	%	—	—	%	10,015	11	%
Eni Spa	—	—	%	—	—	%	8,912	10	%
BG Group plc	—	—	%	—	—	%	13,114	14	%

Revenues and fixed assets with respect to geographical area

The following geographical data presents our revenues with respect only to our FSRUs, operating under long-term charters, at specific locations. LNG vessels operate on a worldwide basis and are not restricted to specific locations.



Revenues (in thousands of $)	2015	2014	2013
Kuwait*	—	4,182	—

* This relates to revenues from the Golar Igloo prior to her disposal to Golar Partners on March 28, 2014.