XML 46 R33.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Segment Reporting - Condensed Consolidated Income Statement (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Disclosure of operating segments [line items]          
Revenue $ 437.7 $ 384.3 $ 881.7 $ 774.5 $ 1,520.4
Operating expenses (62.7) (54.8) (119.3) (106.7) (216.0)
Profit from sale of vessels 10.5 3.5 27.6 3.5 50.4
Administrative expenses (23.8) (21.9) (50.0) (39.5) (82.9)
Other operating income and expenses (0.2) (0.2) (0.4) (0.1) 6.3
Depreciation and amortization (46.8) (37.0) (89.9) (72.1) (149.3)
Operating profit (EBIT) 204.3 199.8 427.0 363.3 698.6
Financial income 7.7 2.6 14.1 6.7 14.3
Financial expenses (18.9) (18.0) (37.2) (30.5) (60.9)
Profit before tax 193.1 184.4 403.9 339.5 652.0
Net profit for the period 194.2 185.4 403.4 339.1 648.0
Tanker segment          
Disclosure of operating segments [line items]          
Revenue 434.3 375.0 874.6 758.8 1,491.4
Port expenses, bunkers and commissions (108.4) (67.0) (218.0) (185.9) (407.6)
Operating expenses (62.9) (54.8) (119.6) (106.7) (216.4)
Profit from sale of vessels 10.5 3.5 27.6 3.5 50.4
Administrative expenses (21.8) (19.2) (46.1) (34.1) (76.5)
Other operating income and expenses (0.2) (0.2) (0.5) (0.2) 6.0
Depreciation and amortization (46.7) (36.7) (89.7) (71.5) (148.2)
Operating profit (EBIT) 204.8 200.6 428.3 363.9 699.1
Financial income 7.6 2.6 13.9 6.7 14.3
Financial expenses (18.8) (17.9) (37.0) (30.3) (60.5)
Profit before tax 193.6 185.3 405.2 340.3 652.9
Tax 1.1 1.0 0.0 (0.5) (4.0)
Net profit for the period 194.7 186.3 405.2 339.8 648.9
Marine Exhaust segment          
Disclosure of operating segments [line items]          
Revenue 9.0 11.8 14.6 21.2 48.0
Other cost of goods and services sold (6.0) (8.6) (9.7) (14.2) (36.6)
Administrative expenses (2.0) (2.7) (3.9) (5.4) (6.4)
Other operating income and expenses     0.1 0.1 0.3
Depreciation and amortization (0.1) (0.3) (0.2) (0.6) (1.1)
Operating profit (EBIT) 0.9 0.2 0.9 1.1 4.2
Financial income 0.1 0.0 0.2    
Financial expenses (0.1) (0.1) (0.2) (0.2) (0.4)
Profit before tax 0.9 0.1 0.9 0.9 3.8
Tax     (0.5) 0.1  
Net profit for the period 0.9 0.1 0.4 1.0 3.8
Inter-segment elimination          
Disclosure of operating segments [line items]          
Revenue (5.6) (2.5) (7.5) (5.5) (19.0)
Other cost of goods and services sold 4.0 1.5 5.0 3.8 13.9
Operating expenses 0.2   0.3   0.4
Operating profit (EBIT) (1.4) (1.0) (2.2) (1.7) (4.7)
Profit before tax (1.4) (1.0) (2.2) (1.7) (4.7)
Net profit for the period (1.4) (1.0) (2.2) (1.7) (4.7)
Total          
Disclosure of operating segments [line items]          
Revenue 437.7 384.3 881.7 774.5 1,520.4
Port expenses, bunkers and commissions (108.4) (67.0) (218.0) (185.9) (407.6)
Other cost of goods and services sold (2.0) (7.1) (4.7) (10.4) (22.7)
Operating expenses (62.7) (54.8) (119.3) (106.7) (216.0)
Profit from sale of vessels 10.5 3.5 27.6 3.5 50.4
Administrative expenses (23.8) (21.9) (50.0) (39.5) (82.9)
Other operating income and expenses (0.2) (0.2) (0.4) (0.1) 6.3
Depreciation and amortization (46.8) (37.0) (89.9) (72.1) (149.3)
Operating profit (EBIT) 204.3 199.8 427.0 363.3 698.6
Financial income 7.7 2.6 14.1 6.7 14.3
Financial expenses (18.9) (18.0) (37.2) (30.5) (60.9)
Profit before tax 193.1 184.4 403.9 339.5 652.0
Tax 1.1 1.0 (0.5) (0.4) (4.0)
Net profit for the period $ 194.2 $ 185.4 $ 403.4 $ 339.1 $ 648.0