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Genco Shipping & Trading Ltd. (GNK)

-NYSE

1.69 Down 0.08(4.52%) 25 May 04:00 SGT|After Hours : 1.69 0.00 (0.00%) 25 May 04:32 SGT

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Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 31, 2012Dec 31, 2011Dec 31, 2010
Total Revenue 226,453   392,214   448,687  
Cost of Revenue121,327  109,971  83,443  
Gross Profit 105,126   282,243   365,244  
Operating Expenses
Research Development -   -   -  
Selling General and Administrative35,408  33,401  28,290  
Non Recurring -   -   -  
Others139,063  136,203  115,663  
Total Operating Expenses -   -   -  
Operating Income or Loss (69,345) 112,639   221,291  
Income from Continuing Operations
Total Other Income/Expenses Net349  536  608  
Earnings Before Interest And Taxes(68,996)113,175  221,899  
Interest Expense87,558  86,722  72,650  
Income Before Tax(156,554)26,453  149,249  
Income Tax Expense1,222  1,385  1,840  
Minority Interest12,848  318  (6,166)
Net Income From Continuing Ops(144,928)25,386  141,243  
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income (144,928) 25,386   141,243  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares (144,928) 25,386   141,243  

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