BW Energy 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	259.3	221.8	194.2	210.8	150.9	120.6
Cash & Short-Term Investments	259.3	221.8	194.2	210.8	150.9	120.6
Cash Growth	23.59%	14.21%	-7.88%	39.70%	25.12%	48.89%
Accounts Receivable	194.4	37.3	31.8	6.4	44.8	34.3
Other Receivables	-	24.7	10.3	9.3	25.3	15.1
Receivables	194.4	62	42.1	15.7	70.1	49.4
Inventory	77.2	56.7	33.5	11.5	7.4	8.4
Prepaid Expenses	-	6.6	9.6	2.4	1.7	5.2
Other Current Assets	2.2	2.9	0.6	-	-	-
Total Current Assets	533.1	350	280	240.4	230.1	183.6
Property, Plant & Equipment	1,378	1,231	1,163	753	548.5	466
Long-Term Investments	-	0.3	-	9.2	2.1	-
Other Intangible Assets	421.7	291.8	255.3	212.5	175.2	110.2
Long-Term Deferred Tax Assets	20	19	7.6	-	-	-
Other Long-Term Assets	74.8	78.1	34.3	0.6	1.6	3.3
Total Assets	2,427	1,970	1,740	1,216	957.5	763.1
Accounts Payable	195.4	76.9	99.3	18.4	13.2	11.6
Accrued Expenses	-	120.1	121	87.9	69.6	37.3
Short-Term Debt	54.5	94.6	79.9	-	-	-
Current Portion of Leases	137	43.3	37.9	68.8	19.6	19.1
Current Income Taxes Payable	-	-	-	0.9	0.9	0.5
Other Current Liabilities	-	0.8	-	4.2	-	-
Total Current Liabilities	386.9	335.7	338.1	180.2	103.3	68.5
Long-Term Debt	688.9	468.2	293	164.9	-	-
Long-Term Leases	72.5	86.8	108.6	187.2	213.6	233.1
Long-Term Deferred Tax Liabilities	12.5	13.6	11.7	9.3	6.9	4.9
Other Long-Term Liabilities	278.7	204.3	291.4	58.8	64.5	13.4
Total Liabilities	1,440	1,109	1,043	600.4	388.3	319.9
Common Stock	987.8	2.6	2.6	2.6	2.6	2.3
Additional Paid-In Capital	-	550.1	550.1	550.1	550.1	475.4
Retained Earnings	-	308.9	144.9	62.6	16.5	-34.5
Total Common Equity	987.8	861.6	697.6	615.3	569.2	443.2
Shareholders' Equity	987.8	861.6	697.6	615.3	569.2	443.2
Total Liabilities & Equity	2,427	1,970	1,740	1,216	957.5	763.1
Total Debt	952.9	692.9	519.4	420.9	233.2	252.2
Net Cash (Debt)	-693.6	-471.1	-325.2	-210.1	-82.3	-131.6
Net Cash Per Share	-	-1.83	-1.26	-0.81	-0.32	-0.58
Filing Date Shares Outstanding	-	254.55	257.99	257.99	257.99	257.99
Total Common Shares Outstanding	-	254.55	257.99	257.99	257.99	234.3
Working Capital	146.2	14.3	-58.1	60.2	126.8	115.1
Book Value Per Share	-	3.38	2.70	2.38	2.21	1.89
Tangible Book Value	566.1	569.8	442.3	402.8	394	333
Tangible Book Value Per Share	-	2.24	1.71	1.56	1.53	1.42
Machinery	-	8.3	4.5	1.6	0.9	-

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