Borr Drilling 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	379.7	61.6	102.5	108	34.9
Cash & Short-Term Investments	379.7	61.6	102.5	108	34.9
Cash Growth	516.40%	-39.90%	-5.09%	209.46%	81.77%
Accounts Receivable	324.7	382.1	230.2	170.6	99.9
Other Receivables	2.3	22.1	25.7	20.3	13.2
Receivables	327	404.2	255.9	190.9	113.1
Prepaid Expenses	8.3	8.4	11	9.6	6.6
Restricted Cash	1	0.9	0.1	2.5	3.3
Other Current Assets	52.4	41.5	40.4	38.9	18.3
Total Current Assets	768.4	516.6	409.9	349.9	176.2
Property, Plant & Equipment	2,745	2,827	2,588	2,598	2,871
Long-Term Investments	11.8	14.5	15.7	20.6	19.4
Long-Term Accounts Receivable	-	1.5	1.5	1.5	-
Long-Term Deferred Tax Assets	-	18.6	19.3	3.5	0.7
Long-Term Deferred Charges	-	40.7	45.1	19.4	4.4
Other Long-Term Assets	100.7	0.9	0.3	8.6	8.3
Total Assets	3,626	3,420	3,080	3,002	3,080
Accounts Payable	33.8	81.6	35.5	47.7	34.7
Accrued Expenses	107.2	147.8	157.3	192.8	72.8
Current Portion of Long-Term Debt	129.3	118.1	82.9	445.9	-
Current Portion of Leases	-	0.4	0.5	0.5	0.7
Current Income Taxes Payable	-	14.3	6.7	-	4.4
Current Unearned Revenue	24.2	43	59.5	57.3	3.9
Other Current Liabilities	56.2	4.4	18	1.4	1.4
Total Current Liabilities	350.7	409.6	360.4	745.6	117.9
Long-Term Debt	2,021	1,993	1,619	1,191	1,916
Long-Term Leases	-	0.8	1.1	1.7	1.3
Long-Term Unearned Revenue	29.5	21	56.6	68.7	2.5
Other Long-Term Liabilities	1.8	2.4	59.2	96.8	152.8
Total Liabilities	2,403	2,426	2,096	2,104	2,190
Common Stock	31.6	26.5	26.5	23	13.8
Additional Paid-In Capital	2,441	2,265	2,325	2,266	1,978
Retained Earnings	-1,232	-1,277	-1,359	-1,381	-1,088
Treasury Stock	-18.1	-20.9	-8.9	-9.8	-13.7
Total Common Equity	1,223	993.3	984	897.8	889.9
Shareholders' Equity	1,223	993.3	984	897.8	889.9
Total Liabilities & Equity	3,626	3,420	3,080	3,002	3,080
Total Debt	2,150	2,112	1,703	1,639	1,918
Net Cash (Debt)	-1,771	-2,050	-1,601	-1,531	-1,883
Net Cash Per Share	-6.69	-8.06	-6.45	-8.58	-13.98
Filing Date Shares Outstanding	307.22	244.93	253	253.95	151.67
Total Common Shares Outstanding	307.22	244.93	252.58	228.95	136.81
Working Capital	417.7	107	49.5	-395.7	58.3
Book Value Per Share	3.98	4.06	3.90	3.92	6.50
Tangible Book Value	1,223	993.3	984	897.8	889.9
Tangible Book Value Per Share	3.98	4.06	3.90	3.92	6.50
Buildings	-	-	5.4	3.5	135.5
Machinery	-	3,551	3,176	3,072	3,122
Order Backlog	1,130	1,383	1,207	929.8	324.8

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