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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 53,759 $ 137,603
Restricted cash and investments 68,363 87,506
Marketable securities 3,479 1,235
Trade accounts receivable, net 11,828 23,702
Related party receivables 9,487 9,055
Other receivables 16,180 14,860
Inventories 44,532 57,505
Voyages in progress 46,112 54,097
Prepaid expenses and accrued income 3,858 4,311
Investment in finance lease 2,555 2,156
Total current assets 260,153 392,030
Long-term assets    
Newbuildings 29,668 26,913
Newbuildings 264,804 282,946
Vessels and equipment under capital lease, net 704,808 893,089
Investment in unconsolidated subsidiaries and associated companies 58,658 40,633
Deferred charges 695 1,236
Investment in finance lease 48,819 51,374
Total assets 1,367,605 1,688,221
Current liabilities    
Short-term debt and current portion of long-term debt 22,706 20,700
Current portion of obligations under capital leases 46,930 52,070
Related party payables 11,419 53,948
Trade accounts payable 13,302 5,975
Accrued expenses 33,401 43,744
Deferred charter revenue 98 2,840
Other current liabilities 2,916 7,344
Total current liabilities 130,772 186,621
Long-term liabilities    
Long-term debt 436,372 463,292
Related party payables 72,598 0
Obligations under capital leases 742,418 898,490
Deferred gains on sales of vessels 1,288 2,575
Other long-term liabilities 2,208 6,094
Total liabilities 1,385,656 1,557,072
Commitments and contingencies      
Equity    
Share capital (2013: 86,511,713 shares outstanding, par value $1.00. 2012: 77,858,502 shares outstanding, par value $2.50) 86,512 194,646
Additional paid in capital 149,985 821
Contributed surplus 474,129 474,129
Accumulated other comprehensive loss (3,303) (4,155)
Retained deficit (734,275) (545,766)
Total (deficit) equity attributable to Frontline Ltd. (26,952) 119,675
Noncontrolling interest 8,901 11,474
Total (deficit) equity (18,051) 131,149
Total liabilities and (deficit) equity $ 1,367,605 $ 1,688,221