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CONSOLIDATED SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2017
Disclosure of operating segments [abstract] |
Schedule of operating segments |
| 2015
USDm | Tanker Segment | Bulk Segment | Not allocated | Total
Income Statement |  |  |  |
Revenue | 538.7 | 1.7 | - | 540.4
Port expenses, bunkers and commissions | -169.2 | -0.5 | - | -169.7
Charter hire | -11.1 | -0.9 | - | -12.0
Operating expenses | -121.7 | -1.2 | - | -122.9
Administrative expenses | - | - | -19.5 | -19.5
Other operating expenses | - | - | -6.3 | -6.3
Share of profit/(loss) from joint ventures | - | - | 0.2 | 0.2
Impairment losses on tangible and intangible assets | - | - | - | -
Depreciation | -67.1 | -0.2 | - | -67.3
Operating profit/(loss) (EBIT) | 169.6 | -1.0 | -25.6 | 143.0
Financial income | - | - | 1.0 | 1.0
Financial expenses | - | - | -16.9 | -16.9
Profit/(loss) before tax | 169.6 | -1.0 | -41.5 | 127.1
Tax | - | - | -1.0 | -1.0
Net profit/(loss) for the year | 169.6 | -1.0 | -42.5 | 126.1

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