FROFrontline Ltd.

$7B

FY 2012 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$578M-20.1% YoY

Gross Profit

$45M7.8% margin

Operating Income

$19M3.3% margin

Net Income

-$83M-14.3% margin

EPS (Diluted)

$-5.31

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$54M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.6B

Stockholders' Equity

$120M

Cash & Equivalents

$138M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$578M	$723M	-20.1%
Gross Profit	$45M	$31M	+44.3%
Operating Income	$19M	-$407M	+104.6%
Net Income	-$83M	-$530M	+84.4%

FRO FY 2012 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena