Hafnia Limited (OSL: HAFNI)

Hafnia Balance Sheet

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

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	166.69	141.62	174.44	100.08	100.67	91.61
Cash & Short-Term Investments	166.69	141.62	174.44	100.08	100.67	91.61
Cash Growth	-30.97%	-18.81%	74.31%	-0.59%	9.89%	74.61%
Accounts Receivable	623.62	507.84	305.5	118.47	66.17	106.95
Other Receivables	-	60.59	176.01	73.37	92.75	116.12
Receivables	623.62	568.44	481.51	226.7	158.92	223.07
Inventory	107.69	107.7	89.93	6.66	5.23	6.99
Prepaid Expenses	-	21.27	21.6	9.29	4.72	10.42
Restricted Cash	95.89	80.9	105.89	-	-	-
Other Current Assets	14.17	12.9	1.42	0.25	11.25	2.74
Total Current Assets	1,008	932.84	874.79	342.98	280.78	334.82
Property, Plant & Equipment	2,708	2,778	2,877	2,085	2,206	2,312
Long-Term Investments	98.19	84.13	43.18	19.39	6.8	1.72
Other Intangible Assets	0.73	1.29	2.59	3.57	4.42	3.16
Long-Term Deferred Tax Assets	-	0.04	0.04	0.04	0.04	0.04
Other Long-Term Assets	49.68	48.4	73.96	-	-	-
Total Assets	3,923	3,914	3,945	2,511	2,544	2,681
Accounts Payable	346.66	219.96	41.51	29.5	23.79	21.87
Accrued Expenses	-	114.8	101.76	30.43	38.77	72.16
Short-Term Debt	-	-	-	18.75	-	-
Current Portion of Long-Term Debt	248.92	174	104.48	178.62	142.96	176.27
Current Portion of Leases	76.99	93.32	215.64	51.02	36.15	37.07
Current Income Taxes Payable	1.38	8.11	4.74	2.02	2.07	1.42
Other Current Liabilities	3.21	50.99	13.04	5.46	7.95	11.45
Total Current Liabilities	677.17	661.19	481.16	315.8	251.69	320.22
Long-Term Debt	290.4	398.51	627.33	939.01	988.34	1,055
Long-Term Leases	518.64	626.52	827.85	144.13	155.84	186.34
Other Long-Term Liabilities	-	-	-	-	-	1.24
Total Liabilities	1,486	1,686	1,936	1,399	1,396	1,563
Common Stock	5.13	5.07	5.04	3.7	3.7	3.7
Additional Paid-In Capital	1,625	1,582	1,561	1,242	1,242	1,242
Retained Earnings	810.61	631.03	381.89	-125.96	-70.46	-120.92
Treasury Stock	-5.64	-17.95	-12.68	-12.83	-13	-0.5
Comprensive Income & Other	1.41	27.62	73.65	5.15	-14.15	-5.73
Shareholders' Equity	2,437	2,228	2,009	1,112	1,148	1,119
Total Liabilities & Equity	3,923	3,914	3,945	2,511	2,544	2,681
Total Debt	1,135	1,292	1,775	1,332	1,323	1,455
Net Cash (Debt)	-968.26	-1,151	-1,601	-1,231	-1,223	-1,363
Net Cash Per Share	-1.89	-2.26	-3.27	-3.39	-3.36	-3.93
Filing Date Shares Outstanding	509.16	503.39	500.59	455.27	363.06	358.85
Total Common Shares Outstanding	509.16	503.39	500.59	363.16	363.06	358.85
Working Capital	330.9	271.64	393.63	27.17	29.09	14.6
Book Value Per Share	4.79	4.43	4.01	3.06	3.16	3.12
Tangible Book Value	2,436	2,226	2,006	1,108	1,144	1,115
Tangible Book Value Per Share	4.78	4.42	4.01	3.05	3.15	3.11
Machinery	3,733	3,717	3,837	2,991	3,060	3,039

Source: S&P Capital IQ. Standard template. Financial Sources.