Bristow Group Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS, AT EQUITY, ADVANCES TO 50% OR LESS OWNED COMPANIES

INVESTMENTS, AT EQUITY, ADVANCES TO 50% OR LESS OWNED COMPANIES

9 Months Ended

Sep. 30, 2013

Equity Method Investments and Joint Ventures [Abstract]

INVESTMENTS, AT EQUITY, ADVANCES TO 50% OR LESS OWNED COMPANIES

INVESTMENTS, AT EQUITY, AND ADVANCES TO 50% OR LESS OWNED COMPANIES

Combined Condensed Financials. Summarized financial information for Dart Holding Company Ltd., in which the Company has a 50% ownership interest, was as follows (in thousands):



	Three Months Ended September 30,					Nine Months Ended September 30,
	2013		2012			2013		2012
Operating Revenues	$	9,801	$	8,849		$	31,450	$	33,561
Costs and Expenses:
Operating and administrative	7,490		7,820			23,597		25,016
Depreciation	1,301		1,321			3,883		4,030
	8,791		9,141			27,480		29,046
Operating Income (Loss)	$	1,010	$	(292	)	$	3,970	$	4,515
Net Income (Loss)	$	194	$	(254	)	$	2,298	$	1,215

- Definition

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

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