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Reconciliation of tax charge at statutory tax rate to provision for income taxes (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Tax Disclosure [Abstract]      
Earnings/(losses) before provision for income taxes and earnings from unconsolidated companies, net of tax $ (14,992) $ 8,101 $ (4,637)
Tax charge at statutory rate of Nil% 0 [1] 0 [1] 0 [1]
Exchange rate movements on deferred tax (3,207) 83 (2,094)
Other permanent items 674 2,943 106
Change in valuation allowance 13,015 6,093 11,795
Difference in taxation rates 7,353 11,421 9,067
Change in provisions for uncertain tax positions (1,788) (174) 817
Change in tax rates (276) 600 (222)
Deferred tax charge for derivatives 2,119 0 0
Other (262) 685 142
Provision for income taxes $ 17,628 $ 21,651 $ 19,611
Statutory tax rate, percentage 0.00% 0.00% 0.00%
[1] The Company is resident in Bermuda, which does not impose an income tax.