Recent Highlights Net income attributable to unit holders of 26.5 million and operating income of 53.3 million. Generated distributable cash flow of 41.01 million for the quarter, with a distribution coverage ratio of 1.001 low…
Balance Sheet: Assets 2017 2017 2016 Sep 30 Jun 30 Dec 31 (unaudited) (unaudited) (audited) (USD thousands) Current assets Cash and cash equivalents 206,821 301,486 65,710 Restricted cash 21,817 16,845 44,927 Amount due from…
Balance Sheet: Liabilities & Equity 2017 2017 2016 Sep 30 Jun 30 Dec 31 (USD thousands) (unaudited) (unaudited) (audited) Current liabilities Short-term debt and current portion of long-term debt 158,067 115,758 78,101 Other…
Distributable Cash flow (USD thousands) Three months ended Three months ended Sep 30, 2017 Jun 30, 2017 Net income 30,034 57,626 Add: Depreciation and amortization 26,356 26,142 Unrealised net loss/(gain) from interest rate…
Distribution Coverage & Debt Ratio 400 350 300 250 200 150 100 50 0 2011 2012 2013 2014 2015 2016 2017 September YTD EBITDA Net Income Distributions Paid Maintenance & Replacement CAPEX Distribution 1.2 0.99 1.04…
Distributable Cashflow & Distributions Golar Public Distributable cash Distributions Spirit termination 80,000 Igloo Q1 2016/17 Issued payment season downtime+Golar 5.3 million Maria & Grand new units 70,000 dry docks Temporary…
2.3bn of Effective Revenue Backlog* Revenue Backlog or Contracted Revenue is defined as the contracted daily charter rate for each vessel multiplied by the number of scheduled hire days for the remaining term of the contract. This is not…
Effective adjusted EBITDA bridge Golar Spirit FSRU long-term contract has ended and Golar Maria and Golar Mazo will 500 conclude by year end 2017. However, adjusted EBITDA lost (even if no new contracts) is 400 more than offset by…
FLNG Hilli Episeyo Key components of Golar Hilli LLC Common Units cash flows Common Units Cash flows from the first 50% of contracted capacity (1.2mtpa of LNG) Total operating costs incurred in the production of 1.2mtpa of LNG…
Shipping Update Demand growth for LNG carriers has exceeded supply growth for the first time since 2013. Demand is being driven by a combination of new volumes, increasing ton miles, rising gas prices & seasonality. Ton miles,…
FSRU Update Active market for small-mid size 0.5-2.0mtpa FSRU projects, a market the Partnership dominates with the Golar Spirit, Freeze in addition to Golars conversion expertise: Active discussions/negotiations for mid scale FSRU…
Summary Solid contract base Effective revenue backlog1 of 2.3 billion equivalent to 5.5 revenue backlog years5 including interest in FLNG Hilli Episeyo. Excellent operating results greater than 99% average utilization for the last 3…
Appendix A (USD thousands) Three months ended September 30, 2017 Net Income 30,034 Depreciation and amortization 26,356 Interest Income (2,105) Interest Expense 19,876 Other Financial Items 2,034 Tax 4,378 Adjusted EBITDA 80,573…
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