FLEX LNG Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	478.73	437.15	410.43	332.33	200.65	128.88
Cash & Short-Term Investments	478.73	437.15	410.43	332.33	200.65	128.88
Cash Growth	65.35%	6.51%	23.50%	65.63%	55.69%	-0.10%
Accounts Receivable	-	1.4	0.45	4.86	5.27	4.05
Other Receivables	0.16	24.21	19.48	5.59	9.51	9.83
Receivables	0.16	25.61	19.93	10.45	14.78	13.88
Inventory	7.78	4.82	5.09	5.26	6.45	3.66
Prepaid Expenses	-	6.74	7.5	5.94	2.49	11.34
Restricted Cash	0.08	0.05	0.12	0.07	0.52	0.08
Total Current Assets	540.29	474.38	443.06	354.05	224.89	157.85
Property, Plant & Equipment	2,119	2,154	2,217	2,270	2,342	1,856
Long-Term Investments	19.58	40.09	48.83	55.52	5.86	0.11
Other Long-Term Assets	-	-	-	-	-	289.6
Total Assets	2,679	2,669	2,709	2,680	2,573	2,304
Accounts Payable	9.24	2	3.51	1.79	2.02	3.37
Accrued Expenses	-	0.47	0.36	21.01	12.92	14.31
Current Portion of Long-Term Debt	50.31	106.71	103.87	95.51	86.24	87.9
Current Unearned Revenue	-	-	-	32.96	26.87	25.34
Other Current Liabilities	56.49	49.6	45.53	1.93	3.54	0.91
Total Current Liabilities	174.32	158.78	153.27	153.2	131.59	131.83
Long-Term Debt	758.52	676.89	788.05	1,021	841.5	757.19
Long-Term Leases	1,008	1,027	920.22	597.8	710.45	579.82
Other Long-Term Liabilities	0.09	-	-	-	-	-
Total Liabilities	1,941	1,862	1,862	1,772	1,684	1,469
Common Stock	0.55	0.55	5.45	5.45	5.41	5.41
Additional Paid-In Capital	966.18	1,088	1,205	1,203	1,189	1,190
Retained Earnings	-224.23	-277.49	-354.87	-293.69	-295.64	-358.91
Treasury Stock	-4.22	-4.22	-7.56	-8.08	-9.45	-1.66
Shareholders' Equity	738.28	806.63	847.65	907.09	889.39	835.18
Total Liabilities & Equity	2,679	2,669	2,709	2,680	2,573	2,304
Total Debt	1,875	1,810	1,812	1,715	1,638	1,425
Net Cash (Debt)	-1,396	-1,373	-1,402	-1,382	-1,438	-1,296
Net Cash Per Share	-25.83	-25.41	-25.96	-25.83	-26.95	-23.88
Filing Date Shares Outstanding	54.09	54.09	53.74	53.68	53.13	53.44
Total Common Shares Outstanding	54.09	54.09	53.74	53.68	53.13	53.91
Working Capital	365.97	315.6	289.79	200.85	93.3	26.01
Book Value Per Share	13.65	14.91	15.77	16.90	16.74	15.49
Tangible Book Value	738.28	806.63	847.65	907.09	889.39	835.18
Tangible Book Value Per Share	13.65	14.91	15.77	16.90	16.74	15.49
Machinery	2,530	2,518	2,511	2,500	2,500	1,944

Source: S&P Global Market Intelligence. Standard template. Financial Sources.