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11
Business
Model
Chairman’s
Message
Group Financial
Highlights
Group Financial
Review
Corporate
Milestones
Shipping
Business
Property
Business
Hotel
Business
Mission
Statement
Selected Data
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10,302
4,800
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(83,623)
(36,169)
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67,533
22,574
Net decrease cash and cash equivalents
(5,788)
(8,795)
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(199)
(2,450)
Cash and cash equivalents at beginning of the year
36,321
47,566
Cash and cash equivalents at end of the year
30,334
36,321
TOTAL OPERATING EXPENSES
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respectively due to cost control as well as depreciation
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Depreciation, and Vessel Operating Expenses increased
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OPERATING PROFIT
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as well as the addition of a containership in the Group’s
portfolio, increase in charter income contributed to
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2015 due mainly to payment for delivery and acquisition of
vessels (under Purchase of Property, Plant and Equipment)
NET PROFIT AFTER TAX
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investments.
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As a result of the aforementioned factors, the Group posted
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as well as investments in small residential property
projects (under Purchase of Investment Properties and
Purchase of Investments). Payment for investments were
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AGM was paid in 2Q2015.
2. CASH FLOWS
Note: References to “$” are to United States Dollars unless otherwise stated.
