· Weaker market than expected during the year, particularly in the last quarter · New agreements signed with Total and Shell after the end of the period · The Board will propose to the AGM that no dividend be paid · Kim Ullman is the CEO of Concordia Maritime from 1 January 2014 Total income, SEK million 467.8 (543.4) EBITDA, SEK million 144.7 (228.4) Operating result before impairment, SEK million 0.4 (77.5) Impairment, SEK million 0.0 (-411.0) Operating result after impairment, SEK million 0.4 (-333.5) Result after tax, SEK million -28.8 (-356.0) Result per share, SEK -0.60 (-7.46) EBITDA, USD million 22.2 (33.7) Available liquid funds*), SEK million 242.1 (484.0) *) Including unutilized available credit facilities Kim Ullman, CEO, +46 704 855003 Anna Forshamn, CFO, +46 704 855172 Concordia Maritime is an international tanker shipping company. Our focus is on cost-effective and safe transportation of refined petroleum products and vegetable oils. The company’s B shares were admitted to trading on Nasdaq OMX Stockholm in 1984. www.concordiamaritime.com
Year-end report 1 January – 31 December 2013
| Source: Concordia Maritime AB