Bristow Group Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

VARIABLE INTEREST ENTITIES AND EQUITY INVESTMENTS AND ADVANCES (Tables)

VARIABLE INTEREST ENTITIES AND EQUITY INVESTMENTS AND ADVANCES (Tables)

12 Months Ended

Dec. 31, 2019

Equity Method Investments and Joint Ventures [Abstract]

Summarized financial information for the Company’s equity investments and advances in Dart as of December 31, 2018 and for the years ended December 31, 2018 and 2017 was as follows (in thousands):



	2018
Current assets	$	31,332
Non-current assets	30,613
Current liabilities	7,007
Non-current liabilities	5,558



	2018		2017
Operating revenues	$	45,602	$	42,891
Costs and expenses:
Operating and administrative	36,592		35,983
Depreciation and amortization	1,754		1,603
Total costs and expenses	38,346		37,586
Operating income	$	7,256	$	5,305
Net income	$	4,912	$	3,603

Summarized financial information for the Company’s equity investments and advances in all other investees for the years ended December 31, 2018 and 2017 was as follows (in thousands):



	2018			2017
Operating revenues	$	170		$	581
Costs and expenses:
Operating and administrative	63			367
Depreciation and amortization	377			503
Total costs and expenses	440			870
Operating income	$	(270	)	$	(289	)
Net income (loss)	$	(442	)	$	(527	)

As of December 31, 2018, cumulative undistributed net earnings of equity investees included in the Company’s consolidated retained earnings was $6.0 million.