Danish Shipping - Index

4: Earnings of Danish Shipping Companies

Table 4.7: Accounting Statistics for Danish Shipping (see note)
	Mill. DKK
	1994	1995	1996	1997	1998	1999	2000
Operating Earnings
Gross Freight from own ships	17,670	15,972	17,486	20,685	19,253	27,164	40,829
Gross Freight from chartered ships	12,982	13,828	15,474	20,342	22,018	21,082	40,260
Timecharter including bareboat	3,699	3,979	4,012	4,346	5,825	3,734	5,253
Passenger and restaurant earnings	2,703	2,611	2,352	2,593	2,497	2,322	1,176
Other earnings	1,976	2,272	2,570	2,919	3,066	1,572	2,164
Total Operating Earnings	39,030	38,662	41,894	50,885	52,659	55,874	89,682
Operating Costs
Expenses for bunkers	2,095	2,164	2,456	2,609	2,611	3,437	7,541
Other directoperating expenses	18,899	18,268	20,593	25,620	26,416	29,043	49,720
Crew and personnel expenses	2,382	2,324	2,248	2,235	2,359	2,349	2,566
Timecharter pay	5,722	5,049	5,348	7,583	8,443	9,233	15,789
Other operating expenses	3,479	3,499	3,778	4,092	4,107	2,967	2,382
Financial leasing	-	-	-	-	-	459	397
Administration costs	1,743	1,682	1,726	1,900	1,994	1,642	1,940
Total Operating Costs	34,320	32,986	36,149	44,039	45,930	49,130	80,335

Danish Shipping - Index