Stolt-Nielsen Limited
STOLT-NIELSEN LIMITED UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS For the Three and Nine Months Ended August 31, 2018 STOLT-NIELSEN LIMITED TABLE OF CONTENTS Page Condensed Consolidated Interim Income Statement for the Three and Nine Months Ended August 31, 2018 and 2017 3 Condensed Consolidated Interim Statement of Other Comprehensive Income for the Three and Nine Months Ended August 31, 2018 and 2017 4 Condensed Consolidated Interim Balance Sheet as of August 31, 2018 and November 30, 2017 5 Condensed Consolidated Interim Statement of Changes in Shareholders’ Equity for the Nine Months Ended August 31, 2018 and 2017 6 Condensed Consolidated Interim Statement of Cash Flows for the Nine Months Ended August 31, 2018 and 2017 7 Notes to the Condensed Consolidated Interim Financial Statements 8 Responsibility Statement 16 2 STOLT-NIELSEN LIMITED CONDENSED CONSOLIDATED INTERIM INCOME STATEMENT (UNAUDITED) Three Months Ended Nine Months Ended August 31, August 31, August 31, August 31, Notes 2018 2017 2018 2017 (in thousands) Operating Revenue 4 $ 543,121 $ 513,750 $ 1,599,397 $ 1,490,248 Operating Expenses (376,173 ) (342,569 ) (1,090,344 ) (990,182 ) 166,948 171,181 509,053 500,066 Depreciation and amortisation 4 (68,569 ) (66,828 ) (204,049 ) (195,924 ) Impairment of plant, property and equipment 4, 7 — — (11,804 ) — Gross Profit 98,379 104,353 293,200 304,142 Share of profit of joint ventures and associates 4, 8 6,876 4,657 27,922 13,034 Administrative and general expenses (52,239 ) (54,579 ) (166,751 ) (160,336 ) Gain
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