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Star Reefers Inc.

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Profit and Loss 2001<br />

2001 2001 vs 2000<br />

Operating revenue $85,4 64 %<br />

Operating expenses -$60,8 110 %<br />

EBITDA $24,6 6 %<br />

Depreciation and write-down -$11,5 -90 %<br />

Operating profit $13,1 n/a<br />

Net financial items $8,4 -47 %<br />

Profit/Loss before tax $4,7 n/a<br />

Strong earnings visibility for ‘02 with 60% of fleet fixed

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