First Quarter 2014 Earnings Presentation April 30, 2014 Capital Product Partners L.P. www.capitalpplp.com
First Quarter 2014 Results Highlights 1 Cash Distribution For 1Q2014: 0.2325 Per Common Unit And 0.21375 Per Class B Unit. Net Income For 1Q2014: 11.2 Mil. 1.3x Common Unit Coverage - Partnerships Operating Surplus: 31.2 Mil Or…
Statements of Comprehensive Income / (Loss) 2 ( In Thousands) For the Three- Month Period For the Three- Month Period Ended Ended March 31, 2014 March 31, 2013 Revenues 30,768 26,511 Revenues related party 16,679 13,454 Total…
Operating Surplus For Calculation Of Unit Distribution 3 ( In Thousands) For the Three-Month For the Three-Month Period Ended Period Ended March 31, 2014 December 31, 2013 Net income 11,242 1,957 Adjustments to net income…
Balance Sheets 4 ( In Thousands) As Of As Of March 31, 2014 December 31, 2013 Assets Total Current Assets 72,635 73,732 Total Fixed Assets 1,162,631 1,176,819 Other Non-Current Assets 147,089 151,221 Total Assets 1,382,355…
Period Employment Update 5 Gross Rate (Per Earliest Charter Name DWT Built Charterer Day) Expiry M/T Ayrton II 51,260 2009 15,350 September 2015 M/T Assos 47,872 2006 14,750 April 2015 M/T Atrotos 47,786 2007 14,750 April…
Fleet List 6 Fleet List & Charterers Fleet Profile By Vessel Type Vessel Name Dwt / Teu Charterer Year Built Type Of Vessel AVAX 47,834 2007, S. Korea Ice Class 1A IMO II/III Chemical/ Product ATLANTAS 36,760 2006, S. Korea Ice Class…
Strong Charter Coverage With Attractive Rates And Profit Share Arrangements 7 Charter Profile Expiry Of Current Charters Rates Commentary Vessel type Profit Solid Product Tanker Gross Rate Share Period Market: Crude tanker…
Product Tanker Market Overview 8 MR Spot Product Tanker Rates Softened In 1Q2014, Dropping To The Lowest Level Since 3Q2012. Decline Driven By Lower Ex-U.S. Gulf Activity: 10-Year Refinery Maintenance In The Region T/C Rates…
Suezmax Tanker Market Overview 9 Strong Start To The Quarter Lifted Suezmax Spot Earnings To The Highest Level Since 2Q2010 Due To: Seasonally Strong Demand And Increased Long-Haul Exports From West Africa. Suezmax T/C Rates…
Common Unit Distribution Coverage 10 2014 Common Unit Distribution 1Q2014 Coverage Supported By: Total Unit Coverage 1. High Average Remaining Charter Duration For Our Fleet. 1.3x 2. Full Contribution Of Five 5,023 TEU Post…
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