Fourth Quarter 2013 Earnings Presentation January 31, 2014 Capital Product Partners L.P. www.capitalpplp.com
Fourth Quarter 2013 Results Highlights 1 Cash Distribution For 4Q2013: 0.2325 Per Common Unit And 0.21375 Per Class B Unit. Net Income For 4Q2013: 2.0 Mil Including A 7.1 Mil Non Cash Loss From The Sale Of The M/T Agamemnon II And…
Income Statement 2 ( In Thousands) For the Three- Month Period For the Three- Month Period Ended Ended December 31, 2013 December 31, 2012 Revenues 33,710 20,949 Revenues related party 13,308 17,360 Total Revenues 47,018 38,309…
Operating Surplus For Calculation Of Unit Distribution 3 ( In Thousands) For the Three-Month For the Three-Month Period Ended Period Ended December 31, 2013 September 30, 2013 Net income 1,957 33,192 Adjustments to net income…
Balance Sheet 4 ( In Thousands) As Of As Of December 31, 2013 December 31, 2012 Assets Total Current Assets 73,732 49,489 Total Fixed Assets 1,176,819 959,550 Other Non-Current Assets 151,221 61,089 Total Assets 1,401,772…
Fleet Profile 5 Fleet List & Charterers Fleet Profile By Vessel Type Vessel Name Dwt / Teu Charterer Year Built Type Of Vessel AYRTON II 51,260 2009, S. Korea IMO II/III Chem./Prod. AVAX 47,834 2007, S. Korea Ice Class 1A IMO II/III…
Period Employment Update 6 Earliest Charter Name DWT Built Gross Rate (Per Day) Charterer Expiry 24,000 Plus 50/50 M/T Aias 150,393 2008 November 2014 Profit Share 24,000 Plus 50/50 M/T Amoureux 149,993 2008 December 2014…
Strong Charter Coverage With Attractive Rates And Profit Share Arrangements 7 Charter Profile Expiry Of Current Charters Rates Commentary Vessel type Jan-14 Jun-15 Dec-16 Jun-18 Dec-19 Gross Rate Profit Share Current Rate Crude…
Product Tanker Market Overview 8 The MR Spot Product Tanker Market Weakened Modestly In 4Q2013 Due To Lower Rates On The Transatlantic Trade But Strong Activity Out Of The US Gulf Supported The Spot MR Tanker Market Overall.…
Suezmax Tanker Market Overview 9 Suezmax Spot Rates Improved Significantly in 4Q2013, Rising To The Highest Level Since 1Q2012. Seasonally Strong Demand, Increased Long-Haul Exports From Suezmax T/C Rates West Africa To The Far…
Common Unit Distribution Coverage 10 2014 Common Unit Distribution 2013 Coverage Supported By: Total Unit Coverage 1. High Average Remaining Charter Duration For Our Fleet. *1.1x 2. Full Contribution Of Five 5,023 TEU Post…