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BUSINESS COMBINATIONS IN 2015 (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of detailed information about business combination [abstract]  
Schedule of fair value of assets acquired and liabilities assumed
USDm
Tangible fixed assets 859.9
Investment in joint ventures 0.3
Bunkers 27.8
Freight receivables 53.4
Other receivables 6.6
Prepayments 10.6
Cash and cash equivalents 77.5
Deferred tax liabilities -45.1
Mortgage debt and bank loans -560.7
Finance lease liabilities -13.5
Trade payables -27.3
Current tax liabilities -1.4
Other liabilities -29.7
Time charter contracts -1.6
Deferred income -0.4
Net assets acquired 356.4
Goodwill 11.4
Consideration (purchase price) 367.8
Of which:
Shares 349.8
Warrants 18.0
367.8