FLEX LNG 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	447.63	437.15	410.43	332.33	200.65
Cash & Short-Term Investments	447.63	437.15	410.43	332.33	200.65
Cash Growth	2.40%	6.51%	23.50%	65.63%	55.69%
Accounts Receivable	-	1.4	0.45	4.86	5.27
Other Receivables	0.34	24.21	19.48	5.59	9.51
Receivables	0.34	25.61	19.93	10.45	14.78
Inventory	9	4.82	5.09	5.26	6.45
Prepaid Expenses	-	6.74	7.5	5.94	2.49
Restricted Cash	0.07	0.05	0.12	0.07	0.52
Other Current Assets	46.23	-	-	-	-
Total Current Assets	503.28	474.38	443.06	354.05	224.89
Property, Plant & Equipment	2,102	2,154	2,217	2,270	2,342
Long-Term Investments	18.05	40.09	48.83	55.52	5.86
Total Assets	2,624	2,669	2,709	2,680	2,573
Accounts Payable	10.51	2	3.51	1.79	2.02
Accrued Expenses	-	0.47	0.36	21.01	12.92
Current Portion of Long-Term Debt	50.56	106.71	103.87	95.51	86.24
Current Portion of Leases	59.67	-	-	-	-
Current Unearned Revenue	-	-	-	32.96	26.87
Other Current Liabilities	45.09	49.6	45.53	1.93	3.54
Total Current Liabilities	165.83	158.78	153.27	153.2	131.59
Long-Term Debt	745.91	676.89	788.05	1,021	841.5
Long-Term Leases	992.66	1,027	920.22	597.8	710.45
Other Long-Term Liabilities	0.16	-	-	-	-
Total Liabilities	1,905	1,862	1,862	1,772	1,684
Common Stock	0.55	0.55	5.45	5.45	5.41
Additional Paid-In Capital	925.57	1,088	1,205	1,203	1,189
Retained Earnings	-202.68	-277.49	-354.87	-293.69	-295.64
Treasury Stock	-4.18	-4.22	-7.56	-8.08	-9.45
Shareholders' Equity	719.26	806.63	847.65	907.09	889.39
Total Liabilities & Equity	2,624	2,669	2,709	2,680	2,573
Total Debt	1,849	1,810	1,812	1,715	1,638
Net Cash (Debt)	-1,401	-1,373	-1,402	-1,382	-1,438
Net Cash Per Share	-25.91	-25.41	-25.96	-25.83	-26.95
Filing Date Shares Outstanding	54.09	54.09	53.74	53.68	53.13
Total Common Shares Outstanding	54.09	54.09	53.74	53.68	53.13
Working Capital	337.45	315.6	289.79	200.85	93.3
Book Value Per Share	13.30	14.91	15.77	16.90	16.74
Tangible Book Value	719.26	806.63	847.65	907.09	889.39
Tangible Book Value Per Share	13.30	14.91	15.77	16.90	16.74
Machinery	2,533	2,518	2,511	2,500	2,500

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