7Baggers
Quarterly
Annual
    Unit: USD 
      
    		 
      net income
    		 
      adjustments to reconcile net income to net cash from operating activities:
    		 
      depreciation
    		 
      amortization of deferred charges
    		 
      gain from sale of vessels
    		 
      impairment loss on vessels
    		 
      share option expenses
    		 
      share of results of associated companies
    		 
      dividends received from associated companies
    		 
      amortization of charter party-out contracts
    		 
      mark to market (gain) loss on derivatives
    		 
      mark to market (gain) loss on marketable securities
    		 
      non-cash lease expense
    		 
      other
    		 
      changes in operating assets and liabilities, net:
    		 
      trade accounts receivable
    		 
      related party payables and receivables balances
    		 
      other receivables
    		 
      inventories
    		 
      voyages in progress
    		 
      prepaid expenses
    		 
      trade accounts payables
    		 
      accrued expenses
    		 
      other current liabilities
    		 
      net cash from operating activities
    		 
      investing activities
    		 
      dividends received from marketable equity securities
    		 
      proceeds from sale of shares in associated companies
    		 
      repayment of loans receivable from related parties
    		 
      additions to newbuildings
    		 
      purchase of vessels and equipment
    		 
      proceeds from sale of vessels
    		 
      net cash from investing activities
    		 
      financing activities
    		 
      proceeds from long-term debt
    		 
      repayment of long-term debt
    		 
      repayment of finance leases
    		 
      debt fees paid
    		 
      net proceeds from share issuance
    		 
      share repurchases
    		 
      proceeds from exercise of share options
    		 
      distributions to shareholders
    		 
      net cash from financing activities
    		 
      net change in cash, cash equivalents and restricted cash
    		 
      cash, cash equivalents and restricted cash at beginning of year
    		 
      cash, cash equivalents and restricted cash at end of year
    		 
      supplemental disclosure of cash flow information:
    		 
      interest expenses paid, net of amounts capitalized
    		 
      income taxes paid
    		 
      amortization of unfavorable charter party contracts
    		 
      net gain from sale of assets
    		 
      additions to vessels and right of use assets
    		 
      other investing activities
    		 
      proceeds from share distributions
    		 
      cash, cash equivalents and restricted cash at beginning of period
    		 
      cash, cash equivalents and restricted cash at end of period
    		 
      impairment loss on right of use assets
    		 
      gain from disposal of associated companies
    		 
      loan advance to related parties
    		 
      lease incentives received
    		 
      interest expenses paid
    		 
      related party balances
    		 
      repayments of loans receivable from related party
    		 
      amortization of other fair value adjustments, net, arising on the merger
    		 
      benefit from onerous contracts
    		 
      purchase of investment in associated companies
    		 
      additions to newbuildings (including related party amounts of 116,445, nil and nil for the years ended december 31, 2021, 2020 and 2019 respectively
    		 
      proceeds from sale of marketable securities
    		 
      net proceeds from share distributions
    		 
      loan advances to related party
    		 
      (gain) loss on sale of assets and amortization of deferred gains
    		 
      amortization of charter party-in contracts
    		 
      dividends from associated companies
    		 
      payments received from seller credit receivable
    		 
      investments in equity securities
    		 
      payments related to upgrades and vessels
    		 
      payments related to share repurchases
    		 
      payments related to upgrades, vessels and newbuildings
    		 
      distributions from associated companies
    		 
      proceeds from seller credit receivable
    		 
      loss on sale of marketable securities
    		 
      impairment loss on vessels and newbuildings
    		 
      equity award expenses
    		 
      equity results of associated companies, including impairment
    		 
      impairment of associated companies
    		 
      gain on purchase of associated companies
    		 
      benefit from uncollectible receivables
    		 
      impairment loss on marketable securities
    		 
      other long term assets
    		 
      other long term liabilities
    		 
      repayment of capital leases
    		 
      additions to newbuildings and vessels
    		 
      investment in associated companies
    		 
      bargain purchase gain arising on consolidation
    		 
      benefit from doubtful debts
    		 
      changes in operating assets and liabilities, net of acquisition:
    		 
      related party balances,net
    		 
      prepaid expenses and accrued income
    		 
      changes in restricted cash
    		 
      dividends received from investments
    		 
      purchase of marketable securities
    		 
      refund of newbuilding installments
    		 
      cash acquired upon purchase of spc's
    		 
      cash acquired upon merger with former golden ocean
    		 
      proceeds from the sale of marketable securities
    		 
      net change in cash and cash equivalents
    		 
      cash and cash equivalents at beginning of year
    		 
      cash and cash equivalents at end of year
    		 
      interest paid, net of capitalized interest
    		 
      dividends received from associated company
    		 
      cash and cash equivalents at beginning of period
    		 
      cash and cash equivalents at end of period
    		 
      net income from discontinued operations
    		 
      net income from continuing operations
    		 
      restricted stock unit expense
    		 
      equity results of associated companies
    		 
      amortization of favorable charter party contracts
    		 
      cash from operating activities of discontinued operations
    		 
      net cash from by investing activities
    		 
      16,558
    		 
      -
    		 
      8,134
    		 
      2,424
    		 
      252
    		 
      2,274
    		 
      3,464
    		 
      210,773
    		 
      178,299
    		 
      cash acquired upon purchase of spcs
    		 
      6,476
    		 
      16,783
    		 
      (78
    		 
      (299
    		 
      6,372
    		 
      (169
    		 
      2,478
    		 
      (21,321
    		 
      7,001
    		 
      17,623
    		 
      13,522
    		 
      (41,586
    		 
      46,252
    		 
      18,188
    		 
      (1,168
    		 
      34,643
    		 
      212,942
    		 
      loss on sale of assets and amortization of deferred gains
    		 
      mark to market loss on derivatives
    		 
      provision of doubtful debts
    		 
      trade accounts payable
    		 
      cash from investing activities of discontinued operations
    		 
      cash from financing activities of discontinued operations
    		 
      5,793
    		 
      7,383
    		 
      6,697
    		 
      25,148
    		 
      180,000
    		 
      166,739
    		 
      78,052
    		 
      18,130
    		 
      96,182
    		 
      net (gain) loss on sale of assets
    		 
      amortization of time charter contract value
    		 
      benefit from doubtful accounts
    		 
      changes in operating assets and liabilities:
    		 
      inventories, net of disposals
    		 
      deferred charter revenue
    		 
      placement of restricted cash
    		 
      purchase of vessels
    		 
      proceeds from sale of assets
    		 
      purchase of vessel
    		 
      cash acquired on purchase of spcs
    		 
      proceeds from sale of vessel
    		 
      proceeds from (repayment) of long-term debt
    		 
      cash and cash equivalents at start of period
    		 
      operating activities
    		 
      adjustments to reconcile net income to net cash from operating activities;
    		 
      depreciation and amortization
    		 
      net income on sale of vessels
    		 
      change in operating assets and liabilities
    		 
      proceeds from the sale of assets
    		 
      net increase in cash and cash equivalents
    		 
      (57,005
    		 
      5,900
    		 
      12,679
    		 
      41,597
    		 
      138
    		 
      3,201
    		 
      3,897
    		 
      10,407
    		 
      26,712
    		 
      (14,096
    		 
      (4,276
    		 
      (18,372
    		 
      18,747
    		 
      48,770
    		 
      67,517
    		 
      (3,282
    		 
      5,826
    		 
      2,092
    		 
      210
    		 
      5,622
    		 
      1,453
    		 
      11,921
    		 
      (900
    		 
      (8,553
    		 
      (9,453
    		 
      2,468
    		 
      46,302
    		 
      (276
    		 
      3,805
    		 
      409
    		 
      287
    		 
      (352
    		 
      (1,969
    		 
      1,904
    		 
      40,281
    		 
      (26,166
    		 
      (4,277
    		 
      (30,443
    		 
      11,742
    		 
      79,259
    		 
      net cash from (used) in investing activities
    		 
      9,079
    		 
      5,892
    		 
      213
    		 
      54
    		 
      (6,387
    		 
      8,851
    		 
      (12,213
    		 
      (13,113
    		 
      (4,262
    		 
      53,624
    		 
      49,362
    		 
      7,788
    		 
      5,891
    		 
      66
    		 
      1,700
    		 
      (5,060
    		 
      10,598
    		 
      (12,212
    		 
      (13,112
    		 
      (2,514
    		 
      46,848
    		 
      dividends paid
    		 
      net provided by financing activities
    		 
      8,872
    		 
      5,319
    		 
      5,834
    		 
      20,025
    		 
      (47,000
    		 
      (57,250
    		 
      105,740
    		 
      (1,140
    		 
      (9,282
    		 
      38,068
    		 
      11,093
    		 
      9,960
    		 
      21,053
    		 
      13,437
    		 
      4,571
    		 
      (1,312
    		 
      16,696
    		 
      (5,000
    		 
      (3,490
    		 
      (6,840
    		 
      (10,330
    		 
      1,366
    		 
      8,594
    		 
      adjustments to reconcile net income to net cash
    		 
      provided by operating activities:
    		 
      related party receivables
    		 
      voyage in progress
    		 
      change in restricted cash
    		 
      interest paid
    		 
      6,004
    		 
      5,808
    		 
      152
    		 
      936
    		 
      12,900
    		 
      (104,650
    		 
      100,000
    		 
      (921
    		 
      87,602
    		 
      69,818
    		 
      35,718
    		 
      56,771
    		 
      amortization
    		 
      3,096
    		 
      3,436
    		 
      1,771
    		 
      8,303
    		 
      (49,543
    		 
      (2,240
    		 
      (43,480
    		 
      80,171
    		 
      36,691
    		 
      8,986
    		 
      4,387
    		 
      (1,393
    		 
      11,980
    		 
      (16,583
    		 
      (19,040
    		 
      30,000
    		 
      10,960
    		 
      6,357
    		 
      1,607
    		 
      7,964
    		 
      gain on sale of assets
    		 
      proceeds from sale of asset
    		 
      proceeds from long-term debt and credit facilities
    		 
      repayments of long-term debt and credit facilities
    		 
      11,298
    		 
      3,462
    		 
      3,968
    		 
      18,728
    		 
      (16,501
    		 
      (12,825
    		 
      (15,065
    		 
      (12,838
    		 
      87,498
    		 
      74,660
    		 
      14,166
    		 
      14,944
    		 
      87,908
    		 
      adjustments to reconcile net income to net cash from operating activities
    		 
      depreciation and amortisation
    		 
      repayments of long-term debt
    		 
      7,764
    		 
      3,470
    		 
      3,474
    		 
      14,708
    		 
      (580
    		 
      (8,550
    		 
      (10,790
    		 
      3,338
    		 
      77,998
    		 
      7,604
    		 
      4,350
    		 
      (1,840
    		 
      10,114
    		 
      (530
    		 
      (2,800
    		 
      (10,260
    		 
      (26
    		 
      (13,086
    		 
      (3,502
    		 
      8,358
    		 
      4,856
    		 
      7,211
    		 
      4,286
    		 
      4,239
    		 
      15,736
    		 
      (32,423
    		 
      33,600
    		 
      (103
    		 
      20,437
    		 
      3,750
    		 
      4,608
    		 
      gain on sale of asset
    		 
      proceeds from disposal of vessel
    		 
      net cash (used) provided by investing activities
    		 
      debt finance costs
    		 
      60,353
    		 
      4,290
    		 
      (49,119
    		 
      (5,749
    		 
      9,775
    		 
      (506
    		 
      98,980
    		 
      98,474
    		 
      (22,400
    		 
      (12
    		 
      (30,962
    		 
      77,287
    		 
      82,143
    		 
      14,499
    		 
      4,333
    		 
      (2,456
    		 
      16,376
    		 
      (2,816
    		 
      (13,680
    		 
      (16,496
    		 
      (120
    		 
      10,973
    		 
      7,889
    		 
      958
    		 
      13,133
    		 
      17,920
    		 
      9,153
    		 
      4,332
    		 
      3,969
    		 
      17,454
    		 
      11
    		 
      (17,100
    		 
      (19,889
    		 
      (2,435
    		 
      8,538
    		 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.