Slide 1: Third Quarter 2014 Investor Conference Call
T h i rd Q u a r te r 2 0 1 4 I nve sto r C o n fe re n c e C a l l November 6 2014
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Certain statements in this document about our current and future plans, expectations and intentions, results, levels of activity, performance, goals or achievements or any other future events or developments constitute forward-looking statements. The words “may", "will", "
Slide 3: Consolidated Results
CONSOLIDATED RESULTS Period Ended September 30 Third Quarter Nine Months 2014 2013 2014 2013 Revenue $ 163,950 $ 146,947 $ 354,021 $ 342,634 Segment earnings after tax $ 25,879 $ 29,831 $ 22,209 $ 24,573 Net Earnings $ 24,367 $ 28,328 $ 17,448 $ 19,074 Basic Earnings per Share $ 0.63 $ 0.73 $ 0.45 $
Slide 4: Domestic Dry-Bulk
DOMESTIC DRY-BULK Period Ended September 30 Third Quarter Nine Months 2014 2013 2014 2013 Revenue $ 120,705 $ 105,235 $ 230,676 $ 220,413 Segment operating earnings, after tax $ 16,895 $ 19,082 $ 937 $ 346 Key Drivers - Q2 backlog now substantially caught up Operating 2 older ships due to demand Alg
Slide 5: Product Tankers
PRODUCT TANKERS Period Ended September 30 Third Quarter Nine Months 2014 2013 2014 2013 Revenue $ 25,168 $ 24,112 $ 69,931 $ 71,447 Segment operating earnings, after tax $ 4,940 $ 5,658 $ 9,238 $ 10,575 Key Drivers - Customer demand remains strong Brought Algoma Hansa into the Lakes to help serve de
Slide 6: Ocean Dry-Bulk
OCEAN DRY-BULK Period Ended September 30 Third Quarter Nine Months 2014 2013 2014 2013 Share of International Pool Revenue $ 13,658 $ 16,726 $ 46,983 $ 48,251 Segment operating earnings, after tax $ 3,084 $ 4,358 $ 10,327 $ 11,914 Key Drivers - IFRS revenues of $10,137 and $31,192 for 2014 quarter a
Slide 7: Real Estate
REAL ESTATE Period Ended September 30 Third Quarter Nine Months 2014 2013 2014 2013 Revenue $ 7,940 $ 7,240 $ 22,222 $ 21,021 Segment operating earnings, after tax $ 960 $ 733 $ 1,707 $ 1,738 Key Drivers - Revenues and income improving as occupancy rises Segment income YTD reflects costs associated
Slide 8: Dividends
DIVIDENDS $0.30 » $0.28 $0.28 $0.25 - $0.22 ap $0.18 $0.18 : $0.15 + $0.10 + $0.05 + x oe ° Ny (=) Annual Dividend per Share 2010 2011 2012 2013 TT BEST MANAGED COMPANIES
Slide 9: Algoma Equinox Scrubber Commissioned
ALGOMA EQUINOX SCRUBBER COMMISSIONED 9
Slide 10: CWB Marquis Departing Nantong
CWB MARQUIS DEPARTING NANTONG 10