SBM Offshore N.V. (AMS: SBMO)

SBM Offshore Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	643	543	683	1,021	414	506
Cash & Short-Term Investments	643	543	683	1,021	414	506
Cash Growth	62.37%	-20.50%	-33.10%	146.62%	-18.18%	-29.53%
Accounts Receivable	7,833	7,935	7,715	4,898	2,721	1,438
Other Receivables	10	504	348	281	387	261
Receivables	7,846	8,442	8,070	5,187	3,122	1,729
Inventory	233	149	25	14	143	8
Prepaid Expenses	-	126	149	138	64	115
Other Current Assets	104	159	144	56	99	38
Total Current Assets	8,826	9,419	9,071	6,416	3,842	2,396
Property, Plant & Equipment	387	384	314	396	542	1,005
Long-Term Investments	75	288	290	361	282	325
Other Intangible Assets	169	142	108	77	41	5
Long-Term Accounts Receivable	8,024	6,276	5,468	5,845	6,173	6,411
Long-Term Deferred Tax Assets	256	247	12	13	46	22
Long-Term Deferred Charges	-	11	9	9	9	18
Other Long-Term Assets	459	371	572	52	118	80
Total Assets	18,202	17,176	15,889	13,211	11,085	10,287
Accounts Payable	1,532	254	204	151	131	143
Accrued Expenses	-	86	24	35	60	120
Current Portion of Long-Term Debt	1,666	1,094	1,678	1,754	1,216	580
Current Portion of Leases	11	11	13	19	20	32
Current Income Taxes Payable	68	146	122	116	153	140
Current Unearned Revenue	-	78	45	70	75	99
Other Current Liabilities	244	1,131	1,517	1,053	919	634
Total Current Liabilities	3,521	2,800	3,603	3,198	2,574	1,748
Long-Term Debt	8,165	8,112	6,840	5,891	4,335	4,168
Long-Term Leases	72	74	33	37	51	141
Long-Term Unearned Revenue	-	-	-	-	-	150
Long-Term Deferred Tax Liabilities	195	173	38	19	37	23
Other Long-Term Liabilities	508	466	461	530	627	444
Total Liabilities	12,461	11,646	10,975	9,675	7,624	6,674
Common Stock	48	50	48	51	58	56
Additional Paid-In Capital	1,007	1,007	1,007	1,034	1,034	1,034
Retained Earnings	2,466	2,478	2,179	1,910	1,811	1,942
Treasury Stock	-34	-26	-42	-69	-51	-46
Comprensive Income & Other	239	224	205	-347	-296	-238
Total Common Equity	3,726	3,733	3,397	2,579	2,556	2,748
Minority Interest	2,015	1,797	1,517	957	905	865
Shareholders' Equity	5,741	5,530	4,914	3,536	3,461	3,613
Total Liabilities & Equity	18,202	17,176	15,889	13,211	11,085	10,287
Total Debt	9,914	9,291	8,564	7,701	5,622	4,921
Net Cash (Debt)	-9,271	-8,748	-7,881	-6,680	-5,208	-4,415
Net Cash Per Share	-51.05	-48.20	-43.81	-35.98	-27.20	-22.23
Filing Date Shares Outstanding	178.41	179.02	177.61	176.65	185.31	196.23
Total Common Shares Outstanding	178.41	179.02	177.61	176.65	185.31	196.23
Working Capital	5,305	6,619	5,468	3,218	1,268	648
Book Value Per Share	20.88	20.85	19.13	14.60	13.79	14.00
Tangible Book Value	3,557	3,591	3,289	2,502	2,515	2,743
Tangible Book Value Per Share	19.94	20.06	18.52	14.16	13.57	13.98
Land	-	67	60	63	67	56
Machinery	-	-	-	-	68	43
Construction In Progress	-	81	16	4	11	22

Source: S&P Capital IQ. Standard template. Financial Sources.