Global Ship Lease Inc New · NYSE:GSL
Global Ship Lease Inc New — Global Ship Lease — Q2 2009 Earnings Presentation
9 slides from Global Ship Lease Inc New's earnings presentation, 2009
Slide 1: Second Quarter 2009 Presentation
Second Quarter 2009 Presentation 0
Slide 2: Safe Harbor Statement
Safe Harbor Statement This communication contains forward-looking statements. Forward-looking statements provide Global Ship Lease’s current expectations or forecasts of future events. Forward-looking statements include statements about Global Ship Lease’s expectations, beliefs, plans, objectives, i
Slide 3: Disclaimer
Disclaimer The financial information and data contained in this communication is unaudited and does not conform to the U.S. Securities and Exchange Commission Regulation S-X. Accordingly, such information and data may not be included in, may be adjusted in or may be presented differently in, Global
Slide 4: Global Ship Lease: Second Quarter Highlights
Global Ship Lease: Second Quarter Highlights Generated $14.8 million of cash in second quarter of 2009 and $30.1 million six months ended June 30, 2009 Reported revenue of $36.2 million for the second quarter of 2009 up 58% on $22.9 million for the second quarter 2008 due to four additional vessels
Slide 5: Fleet and Charter Portfolio: Modern, High Quality Tonnage of Diverse Sizes
Fleet and Charter Portfolio: Modern, High Quality Tonnage of Diverse Sizes *Seven to eight years at option of Charterer 4
Slide 6: 2Q09 Financials
2Q09 Financials GLOBAL SHIP LEASE
Slide 7: Second Quarter Financial Results
Second Quarter Financial Results Three months ended Six months ended June 30 June 30 ($ in thousands) (Unaudited) (Unaudited) 2009 2008 2009 2008 Operating revenues $36,193 $22,939 $71,201 $44,761 Operating expenses Voyage expenses - - - 1,944 Vessel operating expenses 10,508 6,821 21,231 14,166 Dep
Slide 8: Balance Sheet
Balance Sheet As of June 30, 2009 As of December 31, 2008 ($ in thousands) (Unaudited) (Unaudited) Assets Cash and cash equivalents 40,733 26,363 Restricted cash 3,026 3,026 Accounts receivable 1,005 638 Prepaid expenses 513 734 Other receivables 955 1,420 Deferred tax asset 420 176 Deferred financi
Slide 9: Global Ship Lease
oF GLOBAL SHIP LEASE