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CONDENSED CONSOLIDATED INCOME STATEMENT - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017 | Dec. 31, 2017
Profit or loss [abstract] |  |  |  |  |
Revenue | $ 140.4 | $ 155.8 | $ 466.8 | $ 485.6 | $ 657.0
Port expenses, bunkers and commissions | (69.5) | (60.6) | (209.0) | (190.5) | (259.9)
Charter hire | 0.4 | (1.4) | (2.5) | (6.5) | (8.5)
Operating expenses (Note 1) | (44.1) | (46.7) | (137.3) | (142.0) | (188.4)
Profit from sale of vessels |  |  | 0.6 | 2.8 | 2.8
Administrative expenses (Note 1) | (10.9) | (10.1) | (35.2) | (32.3) | (45.0)
Other operating expenses | (1.6) |  | (2.2) | (0.3) | (0.4)
Share of profit/(loss) from joint ventures |  |  | 0.2 |  |
Impairment losses on tangible and intangible assets (Note 2) | (1.3) | (2.6) | (1.3) | (3.6) | (3.6)
Depreciation (Note 2) | (28.7) | (28.6) | (85.9) | (86.3) | (114.5)
Operating profit/(loss) (EBIT) | (15.3) | 5.8 | (5.8) | 26.9 | 39.5
Financial income | 0.9 | 1.4 | 2.9 | 2.4 | 4.3
Financial expenses | (10.1) | (11.1) | (29.1) | (29.9) | (40.6)
Profit/(loss) before tax | (24.5) | (3.9) | (32.0) | (0.6) | 3.2
Tax | (0.4) | (0.3) | (1.1) | (0.6) | (0.8)
Net profit/(loss) for the period | $ (24.9) | $ (4.2) | $ (33.1) | $ (1.2) | $ 2.4
EARNINGS PER SHARE |  |  |  |  |
Basic earnings/(loss) per share (USD) (in dollars per share) | $ (0.34) | $ (0.07) | $ (0.45) | $ (0.02) | $ 0.04
Diluted earnings/(loss) per share (USD) (in dollars per share) | $ (0.34) | $ (0.07) | $ (0.45) | $ (0.02) | $ 0.04

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