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SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2013

NOTE 14: SEGMENT INFORMATION

Navios Acquisition reports financial information and evaluates its operations by charter revenues. Navios Acquisition does not use discrete financial information to evaluate operating results for each type of charter. As a result, management reviews operating results solely by revenue per day and operating results of the fleet and thus Navios Acquisition has determined that it operates under one reportable segment.

The following table sets out operating revenue by geographic region for Navios Acquisition's reportable segment. Revenue is allocated on the basis of the geographic region in which the customer is located. Tanker vessels operate worldwide. Revenues from specific geographic region which contribute over 10% of total revenue are disclosed separately.

Revenue by Geographic Region

Vessels operate on a worldwide basis and are not restricted to specific locations. Accordingly, it is not possible to allocate the assets of these operations to specific countries.

	Three Month		Three Month		Six Month		Six Month
	Period ended		Period ended		Period ended		Period ended
	June 30, 2013		June 30, 2012		June 30, 2013		June 30, 2012
	($ '000)		($ '000)		($ '000)		($ '000)
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Asia	$	39,057	$	32,022	$	76,681	$	63,313
Europe		5,341		3,923		8,828		8,298
United States		2,659		—		5,720		51
Total	$	47,057	$	35,945	$	91,229	$	71,662

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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