XML 485 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statement of Profit or Loss - USD ($)
$ in Thousands
 12 Months Ended
Jan. 01, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Shipping income          
Revenue (Note 4)   $ 1,235,127 $ 854,669 $ 419,770  
Gains on disposal of vessels/other tangible assets (Note 8)   372,444 96,160 15,068  
Other operating income (Note 4)   23,316 15,141 10,255  
Total shipping income   1,630,887 965,970 445,093  
Operating expenses          
Voyage expenses and commissions (Note 5)   (142,090) (175,187) (118,808)  
Vessel operating expenses (Note 5)   (231,033) (216,094) (220,706)  
Charter hire expenses (Note 5)   (4,500) (5,769) (9,750)  
Loss on disposal of vessels/other tangible assets (Note 8)   0 (347) 0  
Depreciation tangible assets (Note 8)   (219,428) (221,576) (344,904)  
Depreciation intangible assets (Note 9)   (1,612) (1,021) (90)  
General and administrative expenses (Note 5)   (62,532) (51,702) (32,408)  
Total operating expenses   (661,195) (671,696) (726,666)  
RESULT FROM OPERATING ACTIVITIES   969,692 294,274 (281,573)  
Finance income (Note 6)   67,168 27,140 14,934  
Finance expenses (Note 6)   (171,897) (133,009) (95,541)  
Net finance expenses   (104,729) (105,869) (80,607)  
Share of profit (loss) of equity accounted investees (net of income tax) (Note 26)   (927) 17,650 22,976  
PROFIT (LOSS) BEFORE INCOME TAX   864,036 206,055 (339,204)  
Income tax benefit (expense) (Note 7)   (6,009) (2,804) 427  
PROFIT (LOSS) FOR THE PERIOD   858,027 203,251 (338,777)  
Attributable to:          
Owners of the company   $ 858,027 $ 203,251 $ (338,777)  
Basic earnings per share (in dollars per share)   $ 4.25 $ 1.01 $ (1.68)  
Diluted earnings per share (in dollars per share)   $ 4.25 $ 1.01 $ (1.68)  
Weighted average number of shares (basic) (in shares) 201,783,532 201,901,743 201,747,963 201,677,981 201,677,981
Weighted average number of shares (diluted) (in shares)   201,901,743 201,994,217 201,773,240