v2.4.0.8

Statements of Operations and Retained Earnings (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Revenue
Interest income	$ 1,910	$ 2,721	$ 3,533
Expenses reimbursed	20	27	22
Total operating revenues	1,930	2,748	3,555
Expenses
General and administrative expenses	(20)	(27)	(22)
Amortization of debt issue costs	(84)	(83)	(84)
Interest expense	(1,826)	(2,638)	(3,449)
Total operating expenses	(1,930)	(2,748)	(3,555)
Net income	0	0	0
Retained earnings, beginning of year	0	0	0
Retained earnings, end of year	$ 0	$ 0	$ 0

Expenses reimbursed by CalPetro Tankers (Bahamas I) Limited, CalPetro Tankers (Bahamas II) Limited, CalPetro Tankers (Bahamas III) Limited and CalPetro Tankers (IOM) Limited.

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CALIFORNIA PETROLEUM TRANSPORT CORP 10-K