| Income Statement for Quintana Maritime Ltd. (QMAR) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Operating Revenue | 236,403 | 103,317 | 40,275 | | Adjustments to Revenue | - | - | - | | Cost of Revenue | (34,821) | (17,292) | (574) | | Gross Operating Profit | 201,582 | 86,025 | 39,701 | | | Selling/General/Admin Expense | (31,655) | (10,790) | (5,892) | | Research & Development | - | - | - | | EBITDA | 169,927 | 75,235 | 33,809 | | Depreciation & Amortization | (55,508) | (34,766) | (17,894) | | EBIT | 114,419 | 40,469 | 15,915 | | Interest Income | 3,200 | 1,199 | 228 | | Other Income, Net | (19,652) | (12,309) | (5,248) | | Total Income Avail For Interest Expense | 97,967 | 29,359 | 10,895 | | Interest Expense | (44,379) | (16,615) | (5,367) | | Pre-Tax Income | 53,588 | 12,744 | 5,528 | | Income Taxes | - | - | - | | Minority Interest | 180 | - | - | | Net Income from Continuing Operations | 53,768 | 12,744 | 5,528 | | Net Income from Discontinued Operations | - | - | - | | Net Income from Total Operations | 53,768 | 12,744 | 5,528 | | | Normalized Income | 53,768 | 12,744 | 5,528 | | Extraordinary Income | - | - | - | | Special Income/Charges | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | | Income from Tax Loss Carryforward | - | - | - | | Other Gains | - | - | - | | Total Net Income | 53,768 | 12,744 | 5,528 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | | | Dividends Paid Per Share | 1.10 | 0.84 | 0.25 | | Preferred Dividends | - | - | - | | | Basic EPS from Continuing Operations | 0.98 | 0.38 | 0.39 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.98 | 0.38 | 0.39 | | | Diluted EPS from Continuing Operations | 0.95 | 0.37 | 0.39 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.95 | 0.37 | 0.39 | | | |
