Below here are the reported Audited Earnings (Losses) for each of the 11 Greek Companies reporting in US$s for all years reported from 2007 through 2014:
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||
Most | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | |
Recent | Net | Net | Net | Net | Net | Net | Net | Net | |
Greek Companies | 2014 | Income | Income | Income | Income | Income | Income | Income | Income |
Filing With SEC in US$s | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
000s US$s | 000s US$s | 000s US$s | 000s US$s | 000s US$s | 000s US$s | 000s US$s | 000s US$s | ||
Costamare Inc | Dec14 | 115,087 | 103,087 | 81,129 | 87,592 | 81,224 | 116,929 | 99,779 | 115,423 |
DryShips Inc | Dec14 | 58,020 | (198,028) | (288,593) | (47,286) | 190,450 | (12,031) | (344,457) | 478,325 |
Capital Product Partners LP | Dec14 | 44,012 | 99,481 | (21,189) | 87,120 | 18,919 | 32,716 | 50,767 | 21,571 |
Tsakos Energy Navigation Ltd | Dec14 | 33,718 | (38,570) | (49,056) | (88,950) | 21,035 | 30,175 | 203,997 | 186,560 |
Aegean Marine Petroleum Network | Dec14 | 17,639 | 27,030 | 22,449 | 11,708 | 18,733 | 48,525 | 39,915 | 27,738 |
Safe Bulkers | Dec14 | 14,634 | 83,257 | 96,120 | 89,734 | 109,647 | 165,410 | 119,211 | 209,200 |
StealthGas Inc | Dec14 | 12,686 | 21,217 | 28,958 | 8,550 | 11,093 | (13,312) | 29,987 | 22,538 |
Diana Containerships Inc | Dec14 | 3,238 | (57,346) | 5,969 | 3,630 | (2,001) | NA | NA | NA |
Danaos Corporation | Dec14 | (3,920) | 37,523 | (105,204) | 13,437 | (102,341) | 36,089 | 117,060 | 123,098 |
Diana Shipping | Dec14 | (10,268) | (21,205) | 54,639 | 107,495 | 127,869 | 121,498 | 221,699 | 134,220 |
Star Bulk Carriers Corp | Dec14 | (11,723) | 1,850 | (314,521) | (69,559) | (5,131) | (58,415) | 133,738 | 3,411 |
Total all 11 | 273,123 | 58,296 | (489,299) | 203,471 | 469,497 | 467,584 | 671,696 | 1,322,084 | |
Earnings % Declines: | |||||||||
….. 2014 Below 2009 | -42% | ||||||||
….. 2014 Below 2008 | -59% | ||||||||
….. 2014 Below 2007 | -79% | ||||||||
Four Year Earnings: | |||||||||
….. 2011-14 | 45,591 | ||||||||
….. 2007-10 | 2,930,861 | ||||||||
………. 4 Year Earnings Decline | |||||||||
…………… Amount | (2,885,270) | ||||||||
…………… % | -98% |
In addition, there was one Greek Company filing their financial statements with the SEC in Euros. Below here are the reported Audited Earnings (Losses) for this Greek Company reporting in Euros for all years reported from 2007 through 2014:
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||
Most | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | |
Recent | Net | Net | Net | Net | Net | Net | Net | Net | |
Greek Company | 2014 | Income | Income | Income | Income | Income | Income | Income | Income |
Filing With SEC in Euros | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
mil Euros | mil Euros | mil Euros | mil Euros | mil Euros | mil Euros | mil Euros | |||
National Bank of Greece | Dec14 | (2,473) | 69 | (2,517) | (14,507) | (308) | 453 | 965 | 1,384 |
Four Year Earnings (Losses): | |||||||||
….. 2011-14 | (19,428) | ||||||||
….. 2007-10 | 2,494 | ||||||||
………. 4 Year Earnings Decline | (21,922) |