Page 30 - ar2007

Note US$’000
Revenue 12 40,715
Depreciation expense on vessels (28,573)
Management fees (1,629)
Trustee fees (77)
Other trust expenses (1,046)
Results from operating activities 9,390
Finance income 449
Finance expenses (3,448)
Net finance expenses 14 (2,999)
Profit before income tax 13 6,391
Income tax expense 15 (88)
Profit for the period 6,303
Income available for distribution 16 34,750
Distribution per unit (US cents) 6.95
Earnings per unit (US cents) 17
Basic 1.26
Diluted 1.26
Consolidated income statement
For the financial period from 19 March 2007 (date of constitution) to 31 December 2007
The accompanying notes form an integral part of these financial statements.
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THE GROWING MARITIME ANNUITY