Dolphin Drilling AS Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	22.4	30.52	34.42	33.96	35.75	23.26
Short-Term Investments	-	7.22	6.5	-	-	-
Cash & Short-Term Investments	22.4	37.74	40.92	33.96	35.75	23.26
Cash Growth	-10.76%	-7.77%	20.49%	-5.01%	53.68%	-83.01%
Accounts Receivable	27.5	28.29	33.09	11.01	1.07	30.23
Other Receivables	-	-	2.03	1.77	3.81	2.93
Receivables	27.5	28.29	35.12	12.78	4.87	33.16
Inventory	25.3	3.12	23.72	30.36	20.28	20
Prepaid Expenses	-	7.9	7.19	9.15	10.47	15.29
Other Current Assets	13.9	-	-	5.52	-	1.36
Total Current Assets	89.1	77.06	106.94	91.76	71.37	93.08
Property, Plant & Equipment	83.8	90.97	68.81	72.64	60.19	55.61
Goodwill	-	0.77	0.77	-	-	-
Other Intangible Assets	11.1	11.67	19.73	1.38	1.97	2.82
Long-Term Deferred Tax Assets	-	-	-	0.03	0.04	0.06
Other Long-Term Assets	0.1	-	-	-	-	-
Total Assets	184.1	180.46	196.25	165.81	133.56	151.57
Accounts Payable	24.7	31.59	30.3	7.22	8.85	14.55
Accrued Expenses	13.3	21.95	26.67	19.62	21.56	22.89
Short-Term Debt	-	-	17.67	16.43	0.15	19.65
Current Portion of Long-Term Debt	15.4	25.67	20	-	-	-
Current Portion of Leases	-	0.42	0.3	0.44	0.54	0.42
Current Income Taxes Payable	-	4.42	-	2.48	1.68	1.84
Current Unearned Revenue	-	9.92	10.59	3	11.85	0.85
Other Current Liabilities	15.1	-	-	3.15	-	-
Total Current Liabilities	68.5	93.98	105.53	52.33	44.63	60.19
Long-Term Debt	76.3	61.13	45.4	-	-	68.06
Long-Term Leases	-	0.21	0.51	0.82	1.19	0.76
Pension & Post-Retirement Benefits	-	3.14	2.82	3.29	3.33	3.86
Other Long-Term Liabilities	3.6	-	-	-	-	-
Total Liabilities	148.4	158.46	154.26	56.44	49.14	132.87
Common Stock	35.7	53.56	35.25	28.69	124.74	0.02
Additional Paid-In Capital	-	238.26	210.6	179.17	18.21	239.46
Retained Earnings	-	-272.52	-201.25	-100.93	-56.78	-217.48
Comprehensive Income & Other	-	2.7	-2.61	2.43	-1.75	-3.29
Shareholders' Equity	35.7	22	41.99	109.37	84.42	18.7
Total Liabilities & Equity	184.1	180.46	196.25	165.81	133.56	151.57
Total Debt	91.7	87.44	83.88	17.69	1.88	88.89
Net Cash (Debt)	-69.3	-49.7	-42.96	16.27	33.87	-65.63
Net Cash Growth	-	-	-	-51.97%	-	-
Net Cash Per Share	-	-0.95	-48.23	28.96	166.07	-
Filing Date Shares Outstanding	-	159.24	0.97	0.73	0.41	-
Total Common Shares Outstanding	-	159.24	0.97	0.73	0.41	-
Working Capital	20.6	-16.93	1.41	39.43	26.74	32.88
Book Value Per Share	-	0.14	43.15	149.22	203.71	-
Tangible Book Value	24.6	9.56	21.49	107.99	82.44	15.88
Tangible Book Value Per Share	-	0.06	22.08	147.34	198.95	-
Machinery	-	249.12	214.98	173.92	165.39	153.23