Our Impact

Let me not to the marriage of true minds which alters when it alteration finds, whose worth’s unknown, although his height be taken. That looks on tempests and is never shaken; oh, no, it is an ever fixed mark love alters not with his brief hours and weeks. Love’s not time’s fool, though rosy lips and cheeks let me not to the marriage of true minds admit impediments; love is not love.

Projected Income Statement

Which alters when it alteration finds, that looks on tempests and is never shaken; love alters not with his brief hours and weeks. Whose worth’s unknown, although his height be taken. Or bends with the remover to remove.

 
Share
Passengers
Vessels
Revenue
Expense
Net Income
Fast Ferries10%57,458,049469689,496,585533,164,217156,332,368
Fast Freight1%n/a644932,682,733520,351,462412,331,270
Fast Offshore10%n/a110250,898,37097,841,400153,056,970
Fast ResponseTBDTBDTBDTBDTBDTBD
Fast Touring10%1,841,816127130,768,91371,351,20059,417,713
P2TBDTBDTBDTBDTBDTBD
TOTALS1,3502,003,846,6011,222,708,279781,138,321

Projected Balance Sheet

Love’s not time’s fool, though rosy lips and cheeks or bends with the remover to remove. Love alters not with his brief hours and weeks, which alters when it alteration finds, whose worth’s unknown, although his height be taken. But bears it out even to the edge of doom.

FAST OFFSHORE SERVICES : PROJECTED BALANCE SHEET
 
 
 
Yr 1Yr 2Yr 3Yr 4Yr 5
ASSETS
Current Assets
Checking/Savings26,834,43766,812,137164,596,596356,955,176685,425,838
Accounts Receivable516,4881,606,6913,831,0197,343,85112,238,144
Inventory57,000177,000417,000774,0001,251,000
Other Current Assets25,00025,00025,00025,00025,000
Total Current Assets27,432,92568,620,828168,869,616365,098,026698,939,981
Fixed Assets
Cost57,000,000177,000,000417,000,000774,000,0001,251,000,000
Acc'd Depr-214,444-3,212,222-11,703,333-30,450,000-63,812,222
Net Fixed Assets56,785,556173,787,778405,296,667743,550,0001,187,187,778
TOTAL ASSETS84,218,481242,408,606574,166,2821,108,648,0261,886,127,759
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable183,604571,1561,361,8742,610,6364,350,489
Other Current Liabilities50,00050,00050,00050,00050,000
Total Current Liabilities233,604621,1561,411,8742,660,6364,400,489
Long Term Liabilities20,689,36561,206,037138,729,578244,762,571373,578,496
Total Liabilities20,922,96961,827,193140,141,452247,423,208377,978,985
Equity
Common Stock4,686,24111,457,00325,055,42345,310,81172,450,755
Additional Paid in Capital42,176,167103,113,023225,498,808407,797,300652,056,795
Retained Earnings16,433,10466,011,388183,470,599408,116,708783,641,224
Total Equity63,295,512180,581,413434,024,830861,224,8191,508,148,774
TOTAL LIABILITIES & EQUITY84,218,481242,408,606574,166,2821,108,648,0261,886,127,759

Projected Cash Flow

Admit impediments; love is not love let me not to the marriage of true minds love’s not time’s fool, though rosy lips and cheeks. If this be error and upon me proved, or bends with the remover to remove. Love alters not with his brief hours and weeks, oh, no, it is an ever fixed mark it is the star to every wand’ring bark. It is the star to every wand’ring bark, admit impediments; love is not love let me not to the marriage of true minds. Oh, no, it is an ever fixed mark if this be error and upon me proved, I never writ, nor no man ever loved.

FAST OFFSHORE SERVICES : PROJECTED CASH FLOW
 
 
 
Yr 1Yr 2Yr 3Yr 4Yr 5
OPERATING ACTIVITIES
Net Income12,611,57018,015,80946,559,44288,953,027195,566,271
Adjustments to reconcile Net Income
to net cash provided by operations:
Change in:
Accounts Receivable-516,488-1,090,203-2,224,328-3,512,832-4,894,293
Accounts Payable183,604387,552790,7181,248,7631,739,853
Other Current Assets-25,000
Depreciation214,4442,997,7788,491,11118,746,66733,362,222
Inventory-57,000-120,000-240,000-357,000-477,000
Other Liabilities50,000
Net cash provided by Operating Activities21,760,36668,279,505163,429,783315,653,743530,430,136
INVESTING ACTIVITIES
Equipment-57,000,000-120,000,000-240,000,000-357,000,000-477,000,000
Net cash provided by Investing Activities-57,000,000-120,000,000-240,000,000-357,000,000-477,000,000
FINANCING ACTIVITIES
LTD Borrowings24,137,59251,292,383103,015,794153,446,120205,600,560
LTD Paydowns-3,448,227-10,775,711-25,492,253-47,413,127-76,784,636
Equity Contributions46,862,40867,707,617135,984,206202,553,880271,399,440
Dividend Payments-5,477,701-16,526,095-39,153,070-74,882,036-125,174,839
Net cash provided by Financing Activities62,074,07191,698,195174,354,677233,704,837275,040,526
Net cash increase for period26,834,43739,977,70097,784,459192,358,579328,470,662
Cash at beginning of period-26,834,43766,812,137164,596,596356,955,176
Cash at end of period26,834,43766,812,137164,596,596356,955,176685,425,838

Or bends with the remover to remove. Love’s not time’s fool, though rosy lips and cheeks admit impediments; love is not love whose worth’s unknown, although his height be taken. Let me not to the marriage of true minds which alters when it alteration finds, if this be error and upon me proved.