GOLAR LNG LIMITED

GLNG ·Industrials, Marine Shipping, Bermuda
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $143.5M $81.6M $102.6M $106.2M $99.9M $411.9M $306.0M $242.2M
Time Charter Revenues $122.8M $67.5M $85.3M $92.2M $86.7M $367.1M $271.8M $215.7M
Voyage Charter Revenues $4.2M $3.9M $5.6M $4.8M $4.1M $34.8M $23.0M $15.2M
Liquefaction Services $0 $0 $0 $0 $0 $0 $0 $0
Vessel Management Fees $16.4M $10.1M $11.7M $9.2M $9.1M $10.0M $11.2M $11.3M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development $12.3M $8.7M
SG&A Expense $38.0M $37.3M $33.5M $19.3M $23.0M $25.0M $33.7M $22.8M
Operating Income $-85.5M $-141.1M $-36.4M $-2.1M $63.8M $202.8M $121.0M $60.2M
Operating Margin -59.6% -172.9% -35.5% -2.0% 63.9% 49.2% 39.6% 24.8%
Interest Expense $59.3M $71.2M $68.8M $17.8M $0 $31.9M $25.8M $32.7M
Pretax Income $-118.3M $-209.2M $-211.0M $-89.7M $103.1M $1.02B $68.5M $-2.6M
Income Tax Expense $1.5M $-589.0K $-3.1M $-1.1M $-3.4M $2.8M $-1.7M $1.4M
Net Income $-179.7M $-186.5M $-171.1M $-48.0M $109.6M $971.3M $46.7M $384.0K
Net Margin -125.3% -228.6% -166.9% -45.2% 109.7% 235.8% 15.2% 0.2%
EPS (Basic) $-1.79 $-1.99 $-1.83 $-0.55 $1.36 $12.09 $0.62 $0.01
EPS (Diluted) $-1.79 $-1.99 $-1.83 $-0.55 $1.28 $11.66 $0.62 $0.01
Shares Outstanding (Basic) 101.1M 93.9M 93.4M 87.0M 80.5M 80.3M 74.7M 67.2M
Shares Outstanding (Diluted) 101.1M 93.9M 93.4M 87.0M 85.5M 84.2M 75.0M 67.4M
Dividends Per Share $0.20 $0.60 $1.35 $1.80 $1.35 $1.93 $1.13 $0.45
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