BW LPG 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	242.01	279.68	287.55	284.52	132.67
Trading Asset Securities	1.6	2.77	3.27	3.27	3.25
Cash & Short-Term Investments	243.61	282.45	290.82	287.79	135.92
Cash Growth	-13.75%	-2.88%	1.05%	111.73%	14.69%
Accounts Receivable	242.49	176.83	289.16	168.48	151.26
Other Receivables	0.84	7.21	13.53	25.76	18.4
Receivables	243.33	184.04	302.69	194.24	169.66
Inventory	123.89	76.71	188.59	135.93	54.58
Prepaid Expenses	-	27.16	15.23	11.19	29.51
Other Current Assets	25.96	107.57	81.38	110.34	62.71
Total Current Assets	636.77	677.93	878.71	739.5	452.38
Property, Plant & Equipment	2,483	2,598	1,609	1,770	1,899
Long-Term Investments	15.07	30.9	11.3	23.81	-
Other Intangible Assets	0.36	0.64	1.24	1.37	1.88
Long-Term Accounts Receivable	10.32	2.88	-	2.68	10.53
Long-Term Deferred Tax Assets	5.32	1.64	6.86	6.72	-
Other Long-Term Assets	3.81	7.98	13.21	15.87	-
Total Assets	3,155	3,320	2,520	2,560	2,364
Accounts Payable	212.67	97.74	222.01	165.86	38.57
Accrued Expenses	-	69.65	39	45.01	34.07
Short-Term Debt	-	153.27	84.26	53.14	-
Current Portion of Long-Term Debt	122.71	77.08	128.17	63.02	82.51
Current Portion of Leases	64.3	170.7	79.48	121.2	46.4
Current Income Taxes Payable	1.52	14.47	8.12	2.49	1.23
Current Unearned Revenue	-	1.34	3.85	2.83	4.59
Other Current Liabilities	24.4	25.86	90.46	40.35	12.13
Total Current Liabilities	425.6	610.11	655.34	493.88	219.5
Long-Term Debt	730.39	711.66	199.92	362.22	659.78
Long-Term Leases	72.84	60.59	78.36	106.28	86.14
Other Long-Term Liabilities	0.41	0.57	0.68	0.93	12.96
Total Liabilities	1,229	1,383	934.3	963.31	978.38
Common Stock	619.87	619.87	1.4	1.42	1.42
Additional Paid-In Capital	-	-	971.77	975.73	975.73
Retained Earnings	605.2	565.79	609.48	557	460.65
Treasury Stock	-50.37	-48.39	-56.44	-47.63	-23.29
Comprehensive Income & Other	655.3	667.76	-56.49	-9.78	-42.44
Total Common Equity	1,830	1,805	1,470	1,477	1,372
Minority Interest	95.55	132.46	116.45	119.86	13.84
Shareholders' Equity	1,926	1,937	1,586	1,597	1,386
Total Liabilities & Equity	3,155	3,320	2,520	2,560	2,364
Total Debt	990.24	1,173	570.19	705.86	874.83
Net Cash (Debt)	-746.64	-890.85	-279.37	-418.07	-738.91
Net Cash Per Share	-4.92	-6.64	-2.10	-3.09	-5.32
Filing Date Shares Outstanding	151.34	151.54	131.07	133.38	136.94
Total Common Shares Outstanding	151.34	151.54	131.07	133.38	136.94
Working Capital	211.17	67.82	223.37	245.62	232.88
Book Value Per Share	12.09	11.91	11.21	11.07	10.02
Tangible Book Value	1,830	1,804	1,468	1,475	1,370
Tangible Book Value Per Share	12.09	11.91	11.20	11.06	10.01
Machinery	-	2,938	1,933	1,955	2,268

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.