Investor deck september - final

1. September 2018
DORIAN LPG®
Pareto Conference

2. Forward-Looking Statements
This presentation contains certain forward-looking statements including analyses and other information based on
forecasts of future results and estimates of amounts not yet determinable and statements relating to our future
prospects, developments and business strategies. Forward-looking statements are identified by their use of terms
and phrases such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,”
“project,” “will” and similar terms and phrases, including references to assumptions. The forward-looking
statements in this presentation are based upon various assumptions, many of which are based, in turn, upon
further assumptions, including without limitation, management’s examination of historical operating trends, data
contained in our records and other data available from third parties. Although we believe that these assumptions
were reasonable when made, because these assumptions are inherently subject to significant uncertainties and
contingencies that are difficult or impossible to predict and are beyond our control, we cannot assure you that we
will achieve or accomplish these expectations, beliefs or projections.
Actual results could differ materially from expectations expressed in the forward-looking statements if one or
more of the underlying assumptions or expectations proves to be inaccurate or is not realized. Our actual future
results may be materially different from and worse than what we expect. We qualify all of the forward-looking
statements by these cautionary statements. We caution readers of this presentation not to place undue reliance
on forward-looking statements. Any forward-looking statements contained herein are made only as of the date of
this presentation, and we undertake no obligation to update or revise any forward-looking statements, whether as
a result of new information, future events or otherwise, except as required by law.
Disclaimer
2

3. Dorian LPG at a Glance
3
Company overview Global presence
Average vessel age vs. globalfleet1
• Dorian LPG is a liquefied petroleum gas shipping
company and a leading owner and operator of modern
very large gas carriers (“VLGCs”).
• The Company was established in 2013 in connection
with placing a large order of newbuildings at Hyundai
HI. Predecessors have invested in and managed LPG
vessels since 2002.
• The fleet is comprised of 19 ECO-VLGCs and 3 modern
VLGCs, with an average age of 4.1 years.
• 19 of the vessels are currently employed in the Helios
LPG Pool, founded by the Company together with
Phoenix Tankers in April 2015.
• The remaining vessels are on time charter contracts to
major companies.
• The Company provides in-house commercial and
technical management services for all of the vessels in
the fleet, including vessels owned by Dorian LPG
deployed in the Helios LPG Pool.
• Dorian LPG was listed on the NYSE in 2014 under the
ticker “LPG” and has a market cap of ~$416mm1.
(1) As of 7-Sept-2018
4.1
8.7
-
1
2
3
4
5
6
7
8
9
10
Dorian Fleet Global Fleet
yearsold

4. 1
4
5 5
6
5
6 6
5
4 4 4
6
22 22 22
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
History / Background
4
Predecessor entities
entered the LPG
market in 2002 by
acquiring two
pressurized vessels
Dorian LPG Ltd. established
(2013) and the Company listed
on NYSE (2014). Dorian LPG
raised $6882 million in four
rounds from Jul-13 to May-14
Number of
vessels1
Dorian LPG announced delivery of
its last ECO-VLGC newbuilding,
the Caravelle and sale of the
Grendon, its last remaining 5,000
cbm pressurized gas carrier
Predecessor entities Dorian LPG
First VLGC, Captain
Markos NL, was
delivered
(1) Total LPG vessels on the water; (2) Gross proceeds

5. IMO 2020: Dorian LPG is Well Positioned
5
• Corvette and Concorde are already scrubber equipped
• On August 9, 2018, Dorian LPG announced the purchase of up to 7 hybrid scrubbers from Clean Marine A/S for
approximately $20 million, including installation costs
• With a current HFO and MGO differential around $230/ton, estimated payback period equals 1–2 years
• Dorian LPG has also been at the forefront of LPG as fuel having completed a study with ABS and signing an LOI with
Hyundai Heavy Global Services for the upgrade of up to 10 vessels
• Current LPG – HFO fuel differential does not yet support significant investment required to retrofit vessels
o In the event that this differential closes, Dorian is strongly positioned to adapt
o 16 vessels with deck strengthening for LPG gas fuel storage

6. The Helios LPG Pool
6
• The Helios LPG Pool (the “Pool”) was established in April 2015 as a 50-50 partnership between Dorian LPG and Phoenix Tankers,
a subsidiary of MOL of Japan
• The Pool is comprised of 19 Dorian LPG VLGCs and 4 Phoenix VLGCs, and three other vessels, and uses these high-quality assets
to offer a complete global LPG maritime solution offering spot freight, TCs, and COAs1
• Earnings are allocated to each vessel participating in the Pool based on “Pool Points," which are awarded on the basis of vessel
characteristics such as carrying capacity and speed/consumption
(1) As of 7-Sept-2018

7. Premium Fleet
7
The Company owns and operates 19 ECO-
(1) Operated pursuant to Bareboat Lease from Japanese Owners
(2) ‘BWTS’ = Ballast Water Treatment System
‘SR’ = Scrubber Ready
Fleet overview Comments
Type Name CBM Delivered Yard Features2
ECO VLGC CARAVELLE 84,000 2016 Hyundai HI BWTS VLGCs and 3 modern VLGCs
ECO VLGC CHALLENGER 84,000 2015 Hyundai HI BWTS
ECO VLGC COPERNICUS 84,000 2015 Daewoo SME BWTS + SR Average fleet age of 4.1 years
ECO VLGC CHAPARRAL 84,000 2015 Hyundai HI BWTS + SR
ECO VLGC COMMANDER 84,000 2015 Hyundai HI BWTS 16 of the 22 vessels already equipped with
ECO VLGC CRATIS 84,000 2015 Daewoo SME BWTS + SR
Ballast Water Treatment Systems
ECO VLGC CHEYENNE 84,000 2015 Hyundai HI BWTS 2 of the 22 vessels already equipped with
ECO VLGC CLERMONT 84,000 2015 Hyundai HI BWTS scrubbers, and an additional 17 are
ECO VLGC CONSTELLATION 84,000 2015 Hyundai HI BWTS + SR “scrubber ready”
ECO VLGC CRESQUES 84,000 2015 Daewoo SME BWTS + SR
ECO VLGC COMMODORE 84,000 2015 Hyundai HI BWTS Captain Markos NL and Captain JohnNP
ECO VLGC CONSTITUTION 84,000 2015 Hyundai HI BWTS
have recently completed 10-year special
ECO VLGC CONTINENTAL 84,000 2015 Hyundai HI BWTS
surveys
ECO VLGC COBRA 84,000 2015 Hyundai HI BWTS In-house technical and commercial
ECO VLGC CONCORDE1 84,000 2015 Hyundai HI BWTS + Scrubber management of fleet
ECO VLGC COUGAR 84,000 2015 Hyundai HI BWTS
ECO VLGC CORVETTE1
84,000 2015 Hyundai HI Scrubber 18 vessels operate under spot, COA or Time
ECO VLGC CORSAIR1 84,000 2014 Hyundai HI SR Charter contracts of less than 24 months in
ECO VLGC COMET 84,000 2014 Hyundai HI SR in the Helios Pool, while 4 are on TC
Modern VLGC CAPTAIN NICHOLAS ML1 82,000 2008 Hyundai HI
Modern VLGC CAPTAIN JOHN NP1
82,000 2007 Hyundai HI
Modern VLGC CAPTAIN MARKOS NL1
82,000 2006 Hyundai HI
7
• The Company owns and operates 19
ECO VLGCs and 3 modern VLGCs
• Average fleet age of 4.1 years
• 16 of the 22 vessels are already
equipped with ballast water treatment
systems
• Captain Markos NL, Captain John NP
and Captain Nicolas ML recently
completed 10-year special surveys
• In-house technical and commercial
fleet management
• 16 vessels with deck strengthening for
LPG gas fuel storage
• No newbuilding related capital
expenditures

8. LPG Supply and Export Dynamics
8

9. Global Liftings Remain Stable
Global liftings
Source: IHS, EIA, FGE *Note: Bbls/day converted to MT/yr (bbls per day/11.6 * 365)
U.S. waterborne exports Middle East waterborne exports
9
34.2
32.1
34.8
36.7
39.2
36.8
21.5
22.8
-
5.0
10.0
15.0
20.0
25.0
30.0
35.0
40.0
45.0
2012 2013 2014 2015 2016 2017 2017
YTD
2018
YTD
MTPA
5.1
9.3
13.8
20.5
25.3
29.5
17.2
18.3
-
5.0
10.0
15.0
20.0
25.0
30.0
35.0
2012 2013 2014 2015 2016 2017 2017
YTD
2018
YTD
MTPA
60.7 63.0
75.1
85.4
90.6 92.6
54.7 54.7
-
20.0
40.0
60.0
80.0
100.0
2012 2013 2014 2015 2016 2017 2017 YTD 2018 YTD
MTPA

10. 15% 18% 24% 28% 32% 36%
51% 46%
43%
43% 40%
41%
11% 10% 10%
10% 11%
10%8% 11% 10%
8% 8%
7%15% 14% 13% 11% 10% 7%
-
20%
40%
60%
80%
100%
2013 2014 2015 2016 2017 2018 YTD
US ME N.Sea Med. Others
U.S. LPG has Significantly Increased its Global Market Share
Source: EIA, Bloomberg, IHS, FGE
A new era of supply
10
• Emergence of U.S. as largest exporting nation has
forced price competition amongst all suppliers
• Middle East supply has surprised on the upside with
more export growth than expected
• The Asian market has become increasing reliant on
US LPG
Seaborne LPG by source

11. Evolving U.S. NGL / LPG Trade Flows
11
U.S. LPG volumes
to Asia increased
10.8% y/y (vs.
11.1% growth in
overall U.S. LPG
exports)
Source: EIA, IHS Waterborne
-
200
400
600
800
1,000
1,200
1,400
J-16 M-16 M-16 J-16 S-16 N-16 J-17 M-17 M-17 J-17 S-17 N-17 J-18 M-18 M-18
kb/d
Butane (+39.4%)
Propane (+0.0%)
Ethane (+60.6%)
+ 11% y/y
+ 26% y/y
N.W.E 6.5%
Med 7.7%
Far East 40.5%
S.E Asia 5.2%
N. America
8.1%
S. America
17.6%
Africa 1.1% Others
13.4%
2018 YTD
N.W.E 6.2%
Med 5.7%
Far East 48.8%
S.E Asia 3.6%
N. America 8.6%
S. America
21.8%
Africa 1.7%
Others 3.5%
2017
U.S. seaborne LPG by destination
U.S. NGL exports (kb/d), 2016 – 2018 YTD

12. U.S. as Global NGL / LPG Price Setter . . .
12
We believe the U.S. will become the global LPG market price setter given increasing supply at both
Mont Belvieu and the Northeast (Marcus Hook) coupled with a liquid trading market and active hedging
opportunities along the forward curves.
Increasing price
circularity as greater
volumes of U.S. LPG
clear in the
international market
Argus CIF ARA
OPIS Mont Belvieu Sonatrach CP
Saudi CP Argus FEI
Source: EvercoreISI

13. LPG Expansion Capacity
13
-
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2017 2018 2019 2020 2021 2022
Mb/d
LPG Exports to Clear Market Existing Capacity
Mariner East 2 AltaGas Ridley Island
Pembina Prince Rupert
• Current LPG export capacity is
running at ~91% utilization (LPG
nameplate capacity est. at ~1,200
mb/d).
• Based on the ‘Base Case’ model,
increasing volumes of LPG
(propane and butane) will need to
be exported in order to clear the
market. The total volume is
expected to grow from ~1,000
mb/d in 2017 to ~1,300 mb/d in
2020 and ~1,500 mb/d in 2022.
The need to clear via exports
stems from the lack of
incremental domestic demand in
the face of increasing levels of
production.
• The Mariner East II start-up (est.
2H18) will provide an outlet for
(initially) up to ~275 mb/d. We
expect this will provide some near
term relief to the Gulf Coast
terminals, although we expect
that Mariner East II will take some
time to fill up. Mariner East II is
expected to primarily export NGLs
produced in the Appalachian
region.
Base Case LPG exports
Export capacity tightens New capacity needed
Source: EvercoreISI

14. LPG Demand & Consumption
14

15. Growing Markets for LPG: CHINA
Source: NGL Strategy
15
Annual Chinese LPG imports
4.2
6.9
11.9
15.9
18.3
9.0
11.1
-
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0
2013 2014 2015 2016 2017 2017 YTD 2018 YTD
MTPA

16. 6.8% 8.4%
15.4% 18.7% 19.0%10.4%
20.5%
17.8%
23.6%
9.3%
42.8% 19.6%
18.2%
11.8%
16.6%
11.3%
10.1%
14.3%
16.3%
17.5%
6.5%
8.1%
10.3%
6.9%
12.8%
22.2%
33.3%
24.1% 22.7% 24.7%
-
20%
40%
60%
80%
100%
2014 2015 2016 2017 2018 YTD
Qatar United States Iran United Arab Emirates Saudi Arabia Others
16Source: Energy Aspects
• Beijing has fought back against US tariffs, with LPG already slapped with a 25% tariff from 23 August. Tariffs have largely
been managed by Asian buyers swapping suppliers.
• Residential LPG will still be required in more remote rural areas, where piped gas is unavailable or too costly to install,
but overall, chemicals will account for a growing share of China’s LPG demand, especially with a rapidly growing
petrochemical base in China.
• While no new PDH plants started up in China last year, both the 0.66 MTPA Fujian Meide plant and Zhejiang Satellite’s
0.45 MTPA expansion are expected to start up in 2H18.
• China’s LPG demand hit 1.72 mb/d in June, assuming 0.49 mb/d of net imports based on Kpler cargo-tracking data, as
customs data is not available.
• State-owned refiners are also starting up an estimated 3.7 MTPA of alkylation units, which should reduce refinery supplies
of butane currently sold to standalone deep-processing units and increase the need for imported supplies.
China LPG imports by source
China LPG demand outlook
Chinese Consumers Continue to Drive LPG Demand

17. “The Year of the LPG Consumer”: INDIA
• Power conversion
project with Vitol
• By April, LPG will be
used as primary fuel
source
India LPG import forecast
• The Modi Government aggressively promoted LPG penetration in rural areas calling 2016 “The year of the LPG
Consumer.”
• The Indian government’s subsidized LPG connection scheme has issued 50 million connections since its inception in
March 2016 and the country now has at least 181 million subsidized connections.
• Original target of new connections under the latest scheme was increased from 50 million to 80 million by 2020,
suggesting further upside for Indian LPG.
• Indian LPG demand grew y/y by 44 mb/d to 780 mb/d in July, accelerating from 10 mb/d of growth in June.
• The growth was led by cylinder sales for domestic (+6.6% y/y) and commercial use (+12.7% y/y). Cylinders
comprise 98% of total LPG consumption in India.
• IOCL’s 421 mile, 0.5 MTPA Paradip-Haldia-Durgapur LPG pipeline has been cleared for expansion to supply LPG to
bottling plants in the eastern states.
• YTD seaborne LPG imports were up 3.2% y/y in July, from 6.3 MTPA to 6.5 MTPA .
17Source: IOC, FGE, Energy Aspects
6.0
8.1
8.9
10.2
11.9
6.3 6.5
-
2
4
6
8
10
12
14
2013 2014 2015 2016 2017 2017 YTD 2018 YTD
MTPA

18. Global PDH & Petchems also Fueling LPG Demand
18
Illustrative increase from Korean PDH plant
• Korean market is saturated but saw a major increase in
demand in 2017 from a new PDH facility
• PDH importers require high purity propane, best sourced
from the US or Middle East
• According to KNOC, which provides data on a barrels basis,
South Korea consumed 56.3 million barrels of LPG over
January-June, up 6.9% from 52.66 million barrels in the same
period last year
• YTD, South Korea's LPG imports increased 5.2% y/y to 39.9
million barrels for the first six months, from 37.9 million
barrels a year earlier, according to KNOC
Japan upgrades cracker capacity
• Japan’s Idemitsu Kosan’s JV with Mitsui Chemicals
recently announced plans to expand the processing of
propane at Idemitsu’s naphtha cracker
• The upgrade will boost the Cracker’s capacity to
process propane as feedstock by three or four times
• It will mainly rely on LPG imports for feedstock rather
than a small quantity of LPG produced at the plant
• According to data from Japan LP Gas Association, LPG
requirements were driven by residential heating
demand for propane
• Cargo-tracking data by Kpler peg August imports higher
m/m by 87 mb/d at 0.37 mb/d and September imports
at a similar level, driven by higher imports from the US
Source: FGE, NGL Strategy
European petchem expansion
• European petchem giant INEOS announced in June
plans to expand its petrochemical infrastructure in
Northwest Europe, with large capacity increases in its
Rafnes, Norway and Grangemouth, Scotland crackers,
as well as a greenfield 750,000 tons/year PDH unit in
an undisclosed location
-
2
4
6
8
10
2014 2015 2016 2017 2018E
MTPA
Residential/Commercial Autogas Others Petrochemical Feedstocks

19. 19
✓ Established production hubs
✓ Global supply base
✓ Maritime and land transport options
✓ Price competitive product
✓ Low cost “last mile” infrastructure
✓ Lower greenhouse gas emissions
✓ 20% less CO2 than heating oil
✓ 50% less CO2 than coal
✓ Safe fuel source
✓ Avoids harmful and dangerous waste
LPG should be the fuel of
choice for emerging economies
Source: ExceptionalEnergy.com
Key Factors Favoring LPG Adoption for Power Generation and Retail Consumption
Strong Fundamentals for Continued LPG Adoption
Each year, around 3.5 million premature
deaths can be attributed to household air
pollution resulting from the traditional use of
solid fuels, such as fuelwood and charcoal.
Four out of five people in sub-Saharan Africa
rely on the traditional use of solid biomass,
mainly fuelwood, for cooking.
Nearly 3.1 billion people, or 43% of the global
population, still rely on polluting fuels (i.e.
biomass, coal, kerosene) and technologies for
cooking - a major source of household air
pollution.
Source: World Health Organization
Economic
Environmental

20. VLGC Shipping Market Dynamics
20

21. VLGC Utilization Holding Steady
21
84%
2017
2018 YTD
-
10K
20K
30K
40K
50K
60K
70K
J-16 A-16 J-16 O-16 J-17 A-17 J-17 O-17 J-18 A-18 J-18
USD/DAY
Baltic TCE/Day Baltic TCE/Day (4 week trailing avg.)
Drivers underlying current rate environment
• Incremental VLGC fleet growth has been absorbed without severely impacting utilization thus far (i.e. demand for
seaborne transport continues to grow in excess of fleet growth)
• The fees for a VLGC transiting the Neopanama Canal have increased by over 25%. This equates to an increase of
~$2.2/t. VLGCs down from around 35% 12 months ago to 29%, second only to container ships at 54%. The increased
fees, alongside increased competition from other sectors like LNG, could result in a reduction in VLGC transits
which would increase ton mile demand as those ships would then likely transit around the Cape of Good Hope,
adding an additional 20-25 days transittime.
Source: Clarksons Research, Baltic Exchange, Panama Canal Authority
85%
Baltic VLGC daily spot TCE rates (USD/d) Global VLGC fleet utilization

22. 124
45 42
24
8
24
-
20
40
60
80
100
120
140
<5 5 to 10 10 to 15 15 to 20 20 to 25 > 25
vessels
VLGC Fleet & Orderbook Review
VLGC orderbook
Fleet profile1
3 2 17
Modern With Scrubber Scrubber Ready
BWTS + IMO low sulphur regulations
• BWTS Convention
• Approx. 65-71 VLGCs will be required to
DD and subsequently install BWTS
between 9/8/2017-9/8/2019
• 2020 Low Sulphur regulations
• Suggest 25% increase in bunker cost
Dorian LPG’s VLGC Fleet is ready:
Potential Scrapping Candidates
Source: Clarksons Research, Dorian LPG analysis
(1) As of 7-Sept-2018
13
8
35
46
25
6
4 19 22
-
10
20
30
40
50
2013 2014 2015 2016 2017 2018 2019 2020
vessels
Delivered On Order
22

23. Financials
23

24. The Company has no refinancing requirements until 2022
24
Since November 2017, Dorian LPG has completed 6 Japanese Financing Arrangements that resulted in:
• Generation of additional liquidity of approximately $63.3 MM.
• Lengthening of debt maturities
o 3 ECO VLGCs with maturities in 2029-2031 (12-13 year tenors)
o 3 “Captains” until 2024-25 (6-7 year tenors)
• Fixed interest rates on ECO VLGCs of 4.9% and 3 Captains at 6.0%
• Very attractive age-adjusted profiles
• No financial covenants
Over 90% of Company debt is either fixed or hedged at a current total cost of ~4.0%
Enhancing Balance Sheet Strength & Flexibility

25. (1) Our method of calculating time charter equivalent rate is to divide revenue net of voyage expenses by operating days for the relevant time period.
(2) Calculated by dividing vessel operating expenses by calendar days for the relevant time period.
(3) Represents net income excluding the potentially disparate effects between periods of derivatives, interest and finance costs, stock-based
compensation expense, impairment, and depreciation and amortization expense and is used as a supplemental financial measure by
management to assess our financial and operating performance.
25
Statement of Operations Data (USD)
Statement of Operations Data
Three Months Ended June
30, 2018 (Unaudited)
Three Months Ended June
30, 2017 (Unaudited)
Revenues 27,644,282 41,025,472
Voyage expenses (100,173) (239,445)
Vessel operating expenses (16,685,457) (16,885,289)
General and administrative expenses (8,403,286) (8,534,909)
Other income—related parties 644,517 633,883
EBITDA 3,099,883 15,999,712
Depreciation and amortization (16,265,056) (16,293,158)
Operating income/(loss) (13,165,173) (293,446)
Other income/(expenses), net (7,431,385) (6,396,524)
Net income/(loss) (20,596,558) (6,689,970)
Other Financial Data
Time charter equivalent rate (1)
16,553 22,735
Daily vessel operating expenses (2)
8,334 8,434
Adjusted EBITDA (3)
5,185,136 17,470,829

26. (1) Our method of calculating time charter equivalent rate is to divide revenue net of voyage expenses by operating days for the relevant time period.
(2) Calculated by dividing vessel operating expenses by calendar days for the relevant time period.
(3) Represents net income excluding the potentially disparate effects between periods of derivatives, interest and finance costs, stock-based
compensation expense, impairment, and depreciation and amortization expense and is used as a supplemental financial measure by
management to assess our financial and operating performance.
26
Statement of Operations Data (USD)
Year Ended Mar 31, 2018 Year Ended Mar 31, 2017
(Unaudited) (Audited)
Revenues 159,334,760 167,447,171
Voyage expenses (2,213,773) (2,965,978)
Vessel operating expenses (64,312,644) (66,108,062)
General and administrative expenses (26,186,332) (21,732,864)
Other income—related parties 2,549,325 2,410,542
EBITDA 69,171,336 79,050,809
Depreciation and amortization (65,329,951) (65,057,487)
Operating income 3,841,385 13,993,322
Other income/(expenses), net (24,242,071) (15,435,137)
Net loss (20,400,686) (1,441,815)
Other Financial Data
Time charter equivalent rate (1)
21,966 22,037
Daily vessel operating expenses (2)
8,009 8,233
Adjusted EBITDA (3)
74,515,790 83,279,670
Statement of Operations Data

27. Cash Flows Data (USD)
27
Cash Flows Data
Three Months Ended June
30, 2018 (Unaudited)
Three Months Ended June
30, 2017 (Unaudited)
Net income/(loss) (20,596,558) (6,689,970)
Adjustments 17,140,139 17,109,576
Changes in operating assets and liabilities (7,102,866) 1,990,712
Net cash provided by operating activities (10,559,285) 12,410,318
Net cash provided by/(used in) investing activities (60,320) (276,396)
Net cash provided by/(used in) financing activities (17,713,359) (26,629,624)
Effects of exchange rates on cash and cash equivalents (107,132) 41,195
Net increase/(decrease) in cash and cash equivalents (28,440,096) (14,454,507)
Cash Flows Data
Year Ended March 31,
2018 (Audited)
Year Ended March 31,
2017 (Audited)
Net income/(loss) (20,400,686) (1,441,815)
Adjustments 65,516,838 46,189,541
Changes in operating assets and liabilities 12,132,951 7,356,042
Net cash operating activities 57,249,103 52,103,768
Net cash provided by/(used in) investing activities 24,574,405 (1,981,022)
Net cash provided by/(used in) financing activities 4,671,658 (79,318,882)
Effects of exchange rates on cash and cash equivalents (8,042) (197,274)
Net increase/(decrease) in cash and cash equivalents 86,487,124 (29,393,410)

28. 28
Balance Sheet Data (USD)
June 30, 2018 June 30, 2017
(Unaudited) (Unaudited)
Cash and cash equivalents 65,291,784 35,363,045
Restricted cash, non‑current 35,636,500 18,075,146
Total assets 1,701,148,703 1,709,526,648
Current portion of long-term debt 63,968,414 45,658,482
Long-term debt – net of current portion & deferred financing fees 677,684,689 674,665,830
Total liabilities 761,832,379 739,775,585
Total shareholders' equity 939,316,324 969,751,063
March 31, 2018 March 31, 2017
(Audited) (Audited)
Cash and cash equivalents 103,505,676 17,018,552
Restricted cash, non‑current 25,862,704 50,874,146
Total assets 1,736,110,156 1,746,234,880
Total debt including current portion – net of deferred financing fees of $16.1
million and $20.1 million As of March 31, 2018 and 2017, respectively.
759,103,152 749,964,248
Total liabilities 776,696,794 770,233,162
Total shareholders' equity 959,413,362 976,001,718
Balance Sheet Data
Balance Sheet Data