Engagements › Aegean Crest Shipping › Management accounts 2025, Aegean Crest companies

Management accounts 2025, Aegean Crest companies

Uploaded by the client. SHA-256 eaabf9be89019375207014b5c635883cebfb7420005acf9002f8ad87119958b5 Matches the file as filed

MANAGEMENT ACCOUNTS 2025 (invented)
Ship Management Ltd: fees EUR 3,250,000 from the two owners, both under tonnage tax.
Chartering Ltd: commissions EUR 1,235,000 from Navigation Inc., 3.25% of freight and hire of EUR 38,000,000; costs EUR 1,087,719.
Navigation Inc.: loan to Navigation II Inc. EUR 6,500,000 at 5%, interest EUR 325,000; interest-free loan from the parent, maximum EUR 14,000,000.
Shipping One Ltd: bareboat hire EUR 2,900,000; bank loan EUR 18,000,000 guaranteed by Navigation Inc. for no fee.
Shipping Two Ltd: bareboat hire EUR 2,600,000; newbuilding loan from Navigation Inc. EUR 9,000,000 at 4.5%.
Shipping Three Inc.: vessel sold in March 2025; proceeds EUR 2,100,000 left with Navigation Inc., no interest.
No transfer pricing documentation, Summary Information Table or agreements have ever been prepared for 2022 to 2025.