GasLog Ltd. Reports Financial Results For The Quarter Ended March 31, 2012
EBITDA has limitations as an analytical tool and should not be considered an alternative to, or a substitute for, profit, profit from operations, net cash from operating activities or any other measure of financial performance presented in accordance with IFRS. EBITDA excludes some, but not all, items that affect profit, and these measures may vary among companies. Therefore, EBITDA as presented below may not be comparable to similarly titled measures of other companies.
| Quarter ended | ||||||||||||||
| March 31, 2011 | March 31, 2012 | |||||||||||||
| (In thousands of U.S. Dollars) | ||||||||||||||
| Profit for the period | $ | 5,011 | $ | 2,171 | ||||||||||
| Depreciation of fixed assets | 3,202 | 3,235 | ||||||||||||
| Financial costs | 2,335 | 3,008 | ||||||||||||
| Financial income | (23 | ) | - | |||||||||||
| EBITDA | $ | 10,525 | $ | 8,414 | ||||||||||
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