Result Centre – 2Q 2019

Results Centre 2Q 2019

Highlights

  • Operating revenue of $179 million
  • Adjusted EBITDA of $80 million
  • Cash and cash equivalents of $712 million
  • Economic utilization of 84%. Excluding West Auriga downtime, economic utilization of 95%.
  2Q19 1Q19 4Q18 3Q18
Total operating revenues $178.5 $203.7 $219.6 $206.2
Total operating expenses $173.5 $169.5 $167.3 $155.7
Other operating income/(expense) - 0.7 ($3.2) -
Net operating income $5.0 $34.9 $49.1 $50.5
(Loss)/Gain on derivative financial instruments ($15.9) ($11.7) ($21.4) $6.5
Adjusted EBITDA for the quarter $80.0 $109.0 $130.2 $129.9

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