Frontline Ltd. (FRO) Financials Nov 17, 2014, 4:23

New Post Public Reply Private Reply Replies (0) Message Board
Hirata
Frontline Ltd. (FRO) Financials Nov 17, 2014, 4:23 p.m.
Income Statement Balance Sheet Cash Flow Statement
Annual Financials for Frontline Ltd.


Fiscal year is January-December. All values USD millions. 2009 2010 2011 2012 2013 5-year trend
Sales/Revenue 1.13B 1.14B 789.13M 552.58M 491.44M
Cost of Goods Sold (COGS) incl. D&A 663.07M 825.79M 744M 533.12M 513.59M
COGS excluding D&A 424.47M 611.5M 541.48M 425.14M 413.25M
Depreciation & Amortization Expense 238.6M 214.29M 202.52M 107.98M 100.34M
Depreciation 237.31M 212.85M 195.6M 107.44M 99.8M
Amortization of Intangibles 0 0 0 0 0
Gross Income 470.22M 318.75M 45.14M 19.45M (22.16M)
2009 2010 2011 2012 2013 5-year trend
SG&A Expense 30.65M 31.88M 35.89M 33.91M 31.63M
Research & Development - 0 0 0 0
Other SG&A 30.65M 31.88M 35.89M 33.91M 31.63M
Other Operating Expense 202.52M 30.57M 482,000 0 0
Unusual Expense 0 9.44M 112.25M (19.96M) 95.73M
EBIT after Unusual Expense 0 (9.44M) (112.25M) 19.96M (95.73M)
Non Operating Income/Expense 7.35M 54.37M (286.86M) 17.61M 37.01M
Non-Operating Interest Income 22.97M 13.43M 3.96M 130,000 83,000
Equity in Affiliates (Pretax) - - - - -
Interest Expense 160.99M 149.92M 141.5M 94.09M 90.72M
Gross Interest Expense 160.99M 164.62M 152.61M 95.02M 92.9M
Interest Capitalized 0 14.7M 11.11M 928,000 2.18M
Pretax Income 106.38M 164.74M (527.88M) (70.85M) (203.13M)
Income Tax 361,000 218,000 532,000 379,000 284,000
Income Tax - Current Domestic - - - - -
Income Tax - Current Foreign - - - - -
Income Tax - Deferred Domestic - - - - -
Income Tax - Deferred Foreign - - - - -
Income Tax Credits - - - - -
Equity in Affiliates (544,000) (515,000) (600,000) (4,000) 13.54M
Other After Tax Income (Expense) 0 0 0 0 0
Consolidated Net Income 105.47M 164M (529.01M) (71.23M) (189.88M)
Minority Interest Expense 2.77M 2.6M 591,000 (1.02M) (2.57M)
Net Income 102.7M 161.41M (529.6M) (70.21M) (187.31M)
Extraordinaries & Discontinued Operations 0 0 0 (12.54M) (1.2M)
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg 0 0 0 0 0
Discontinued Operations 0 0 0 (12.54M) (1.2M)
Net Income After Extraordinaries 102.7M 161.41M (529.6M) (82.75M) (188.51M)
Preferred Dividends 0 0 0 0 0
Net Income Available to Common 102.7M 161.41M (529.6M) (70.21M) (187.31M)
EPS (Basic) 1.32 2.07 (6.80) (1.06) (2.36)
Basic Shares Outstanding 77.86M 77.86M 77.86M 77.86M 79.75M
EPS (Diluted) 1.32 2.07 (6.80) (1.06) (2.36)
Diluted Shares Outstanding 77.87M 78.03M 77.86M 77.86M 79.75M
EBITDA 475.64M 470.59M 211.29M 93.53M 46.56M
Copyright 2014 FactSet Research Systems Inc. All rights reserved. Source FactSet Fundamentals.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Colson Group Expands with Algood Acquisition

Updated Category News Views 12

A Big Move in Mobility Solutions Put on your seatbelts, because Colson Group is steering into a new lane with its acquisition of Algood Caster Innovations. This ain't just any pickup—it's a smart move that could ramp up their North American manufacturing clout and mobility solutions. You know, mergers like these don't come around by accident. Colson sees something...

Continue Reading
Perkins Rolls Out Mahjong to Revive Family Bonds

Updated Category News Views 8

Perkins Ditches the Phones, Sparks True Connection No doubt about it, folks—Perkins Restaurant & Bakery has cooked up something special to bring families back to the table. Not just for pancakes or pies this time, but for a little classic game action with their limited-edition Mahjong set. Love it or leave it, this is Perkins tapping into the magic of togetherness...

Continue Reading
Primrose Schools App: A Bold Step for Digital Literacy

Updated Category News Views 5

Primrose Schools Delivers a New Era in Child Education Sitting at a crossroads between the tactile charm of hands-on learning and the inevitable march of digital literacy, Primrose Schools has unveiled something that might just rock the boat in early education: their new Balanced Learning® App. This move by Primrose comes at a crucial time when many parents are...

Continue Reading
BLM's Wild Horse Strategy: Fertility Control's Time to Shine

Updated Category News Views 4

Wild Horse Management Gets a Shot in the Arm Amigo, when the federal government throws $30 million dollars at a problem, you'd hope they're not just throwing us a bone. The Bureau of Land Management (BLM) now has this hefty sum courtesy of the U.S. Department of Agriculture, intended to expand wild horse fertility control across the sprawling landscapes they roam. This...

Continue Reading
Understanding Criminal Threat Charges in Kansas

Updated Category News Views 3

The Intricacies of Criminal Threat Cases in Kansas Let's cut straight to it: not all heated exchanges land you in court, but words can slap you with a criminal threat charge in Kansas if mishandled. A simple spat can turn legal nightmare, making it crucial to grasp the nuances of these cases. What sets them apart from other charges is the absence of physical...

Continue Reading
PVOLVE Expands Reach with New Franchises in 2026

Updated Category News Views 12

The PVOLVE Fitness Craze Picks Up Momentum Seriously, if you hadn’t heard of PVOLVE before, now might be the time to get your ears in tune—and maybe consider hitting up one of their studios. They’ve been on an expansion tear, with franchise deals popping up like daisies in Washington and Wisconsin. It's the two new spots in Tacoma and Brookfield that are grabbing...

Continue Reading
Class Action Lawsuit Hits Desert Resort Management

Updated Category News Views 4

Desert Resort Management in Labor Hot Seat Alright, here's a twist that might make your coffee spill—Desert Resort Management, Inc. is caught in a legal whirlwind in Riverside County. The heavy hitters at Blumenthal Nordrehaug Bhowmik De Blouw LLP have slapped a lawsuit right in their face, alleging some grimy labor practices. They're claiming that the company wasn't...

Continue Reading
Janitorial Wages Soar 26.7% Amid High Annual Openings

Updated Category News Views 3

Janitorial Sector Faces Wage Surge and Employment Shifts Look, if you thought the world of janitorial work was all brooms and mops without a paycheck edge, think again. From 2020 to 2025, wages for janitors and building cleaners didn't just tip-toe up the ladder—they practically sprinted, climbing 26.7%. BLS data laid this one out, with hourly pay shooting from $13.98...

Continue Reading
Hyundai Teases 2027 TUCSON: Global Reveal Imminent

Updated Category News Views 3

Hyundai Sets the Stage for the 2027 TUCSON Hyundai’s ready to roll out its shiny new set of wheels, the 2027 TUCSON, and boy, they sure know how to make an entrance. Mark your calendars for October 1—it's happening right in the Big Apple, none other than Long Island City. Expect the spotlight to hit at precisely 5:15 p.m. ET, and don't worry if you can't snag a...

Continue Reading
NUS Unveils eLuminator: A Leap for Robotics & Healthcare

Updated Category News Views 3

Game-Changing Electronic Skin From NUS It's not every day you come across tech that could shake up multiple industries, but that's just what the National University of Singapore has cooked up with their latest brainchild—the eLuminator. This ain't your everyday wearable tech. We're talking a skin-like device that can both detect and show touch in real-time, no fiddly...

Continue Reading

Top 5 Most Recently Viewed Articles

Understanding Market Sentiment Surrounding Xcel Energy Stocks

Updated Category News Views 114

Market Sentiment Analysis for Xcel Energy Xcel Energy's stock, represented by the ticker XEL, has experienced a notable increase in short interest, rising to 12.35% from the last report. The company currently has 9.14 million shares sold short, which constitutes 1.82% of its total publicly available shares. Considering the current trading volumes, it would take...

Continue Reading
Justice Department's Decision Sparks Controversy Over Attorney Dismissal

Updated Category News Views 246

Significant Dismissal of U.S. Attorney in New Jersey The U.S. Attorney for the District of New Jersey, Desiree Leigh Grace, has been dismissed by the Justice Department. This decision has stirred up considerable conversation regarding the interplay between judicial authority and executive decisions. Understanding the Dismissal What Happened: The Justice Department...

Continue Reading
Eesti Energia Plans Voluntary Bid for Enefit Green Shares

Updated Category News Views 214

Intention to Make a Voluntary Takeover Bid Today, a shareholder of Enefit Green AS, Eesti Energia AS, has formally announced its intention to initiate a voluntary takeover bid. This action is aimed at acquiring all shares of Enefit Green AS that have not yet been acquired by the Offeror. Below are the details surrounding this offer. Details of the Takeover Bid Eesti...

Continue Reading
Celebrating Arch11's Recognition as Premier Design Firm 2024

Updated Category News Views 112

Arch11 Wins Prestigious AIA Firm of the Year Award Arch11 is thrilled to announce that it has received the highly regarded 2024 AIA Colorado Firm of the Year Award from the Colorado Chapter of the American Institute of Architects (AIA). This honor celebrates outstanding accomplishments in design, leadership, and practice, underscoring Arch11’s significant influence on...

Continue Reading
Nio Navigates Legal Challenges While Maintaining Strong Operations

Updated Category News Views 171

Nio Addresses Legal Concerns Nio Inc. (NYSE:NIO) saw a drop in premarket trading on a recent Friday as investors reacted to legal news involving Singapore's sovereign wealth fund and reports from short sellers. Despite this, Nio promptly issued a statement reinforcing that the lawsuit does not affect its current operational activities. Understanding the Legal Context The...

Continue Reading