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Consolidated income statement - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Consolidated income statement      
Revenue $ 1,443,351 $ 619,532 $ 747,356
Port expenses, bunkers, commissions, and other cost of goods and services sold (459,468) (240,937) (227,924)
Operating expenses (202,098) (190,471) (178,376)
Profit from sale of vessels 10,165 0 1,069
Administrative expenses (55,005) (51,542) (50,773)
Other operating income and expenses 5,992 414 (19,185)
Share of profit/loss from joint ventures 152 (104) (242)
Impairment losses on tangible assets (2,647) (4,645) (11,096)
Depreciation and amortization (139,023) (130,851) (121,922)
Operating profit (EBIT) 601,419 1,396 138,907
Financial income 4,037 241 536
Financial expenses (48,793) (42,382) (49,914)
Profit/(loss) before tax 556,663 (40,745) 89,529
Tax 5,911 (1,344) (1,415)
Net profit/(loss) for the year 562,574 (42,089) 88,114
Net profit/(loss) for the year attributable to:      
TORM plc shareholders 562,754 (42,089) 88,114
Non-controlling interest (180)    
Net profit/(loss) for the year $ 562,574 $ (42,089) $ 88,114
Earnings per share for TORM plc shareholders      
Basic earnings/(loss) per share (USD) $ 6.92 $ (0.54) $ 1.19
Diluted earnings/(loss) per share (USD) $ 6.80 $ (0.54) $ 1.19