SBM Offshore Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,086	806	543	683	1,021
Cash & Short-Term Investments	1,086	806	543	683	1,021
Cash Growth	34.74%	48.44%	-20.50%	-33.11%	146.62%
Accounts Receivable	1,314	1,438	901	795	839
Other Receivables	2,957	525	533	1,743	346
Total Trade Receivables	4,271	1,963	1,434	2,538	1,185
Inventory	332	37	149	25	14
Other Current Assets	1,108	6,993	7,292	5,826	4,197
Total Current Assets	6,797	9,799	9,419	9,071	6,416
Net Property, Plant & Equipment	278	266	384	314	396
Other Intangible Assets	194	176	153	117	86
Long-Term Investments	24	21	288	290	361
Other Long-Term Assets	10,804	6,894	6,932	6,096	5,952
Total Assets	18,097	17,157	17,176	15,889	13,211
Accounts Payable	1,707	1,216	1,347	1,501	1,111
Current Portion of Long-Term Debt	2,568	1,229	1,105	1,691	1,773
Other Current Liabilities	438	441	349	411	315
Total Current Liabilities	4,713	2,887	2,800	3,603	3,198
Long-Term Debt	6,587	7,714	8,186	6,873	5,928
Other Long-Term Liabilities	316	711	659	499	548
Total Long-Term Liabilities	6,903	8,425	8,845	7,371	6,476
Total Liabilities	11,616	11,312	11,645	10,974	9,674
Common Stock	50	46	50	48	51
Treasury Stock	-64	-31	-26	-42	-69
Additional Paid-in Capital	1,007	1,007	1,007	1,007	1,034
Accumulated Other Comprehensive Income	286	108	224	204	-347
Retained Earnings	3,126	2,489	2,478	2,179	1,910
Total Common Shareholders' Equity	4,406	3,619	3,733	3,397	2,579
Minority Interest	2,076	2,225	1,797	1,517	957
Shareholders' Equity	6,482	5,844	5,531	4,914	3,537
Total Liabilities & Equity	18,097	17,157	17,176	15,889	13,211
Total Debt	9,155	8,943	9,291	8,564	7,701
Net Cash (Debt)	-8,069	-8,137	-8,748	-7,881	-6,680
Net Cash Per Share	-45.93	-44.95	-48.20	-43.81	-35.98
Book Value	4,406	3,619	3,733	3,397	2,579
Book Value Per Share	25.08	19.99	20.57	18.89	13.89
Tangible Book Value	4,212	3,443	3,580	3,280	2,493
Tangible Book Value Per Share	23.98	19.02	19.72	18.24	13.43