Global Ship Lease Inc New · NYSE:GSL

Global Ship Lease Inc New — Global Ship Lease — Q4 2009 Earnings Presentation

10 slides from Global Ship Lease Inc New's earnings presentation, 2010

  1. Slide 1: Fourth Quarter 2009 Presentation

    Fourth Quarter 2009 Presentation 0

  2. 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

  3. 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

  4. Slide 4: Global Ship Lease: Q4 and Full Year 2009 Highlights

    Global Ship Lease: Q4 and Full Year 2009 Highlights  Reported revenue of $39.9 million for the fourth quarter of 2009 up 52% on $26.3 million for the fourth quarter 2008 due to an expanded fleet. Revenue was $148.7 million for the year ended December 31, 2009, up 57% on $95.0 million for the year e

  5. 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

  6. Slide 6: Q4/FY 2009 Financials

    O4/FY 2009 Financials GLOBAL SHIP LEASE

  7. Slide 7: Financial Results – Time Charter Business Only

    Financial Results – Time Charter Business Only Three months ended Year ended December 31 December 31 ($ in thousands) (Unaudited) (Unaudited) 2009 2008 2009 2008 Operating revenues $39,884 $26,305 $148,708 $94,978 Operating expenses Vessel operating expenses 9,851 7,924 41,368 29,797 Depreciation 10

  8. Slide 8: Balance Sheet

    Balance Sheet As of December 31, 2009 As of December 31, 2008 ($ in thousands) (Unaudited) (Unaudited) Assets Cash and cash equivalents 30,810 26,363 Restricted cash 3,026 3,026 Accounts receivable 7,838 638 Prepaid expenses 685 734 Other receivables 613 1,420 Deferred tax 285 176 Deferred financing

  9. Slide 9: Credit Facility Amendment

    Credit Facility Amendment Amended Revolving Facility Highlights  Loan-to-value maintenance covenant waived up to  Aggressively pays down debt and enhances ability and including November 30, 2010 with next test to emerge from the unprecedented downturn as a scheduled for April 30, 2011 stronger com

  10. Slide 10: Global Ship Lease

    GLOBAL SHIP LEASE

Global Ship Lease — Q4 2009 Earnings Presentation on 6ix