Hafnia 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	146.46	103.61	195.27	141.62	174.44	100.08
Cash & Short-Term Investments	146.46	103.61	195.27	141.62	174.44	100.08
Cash Growth	-22.16%	-46.94%	37.88%	-18.81%	74.31%	-0.59%
Accounts Receivable	670.19	386.84	404.01	507.84	305.5	118.47
Other Receivables	-	63.25	83.66	60.59	176.01	73.37
Receivables	677.07	450.09	487.68	568.44	481.51	226.7
Inventory	85.68	69.03	94.16	107.7	89.93	6.66
Prepaid Expenses	-	71.87	16.16	21.27	21.6	9.29
Restricted Cash	88.81	88.97	88.3	80.9	105.89	-
Other Current Assets	136.6	60.39	18.52	12.9	1.42	0.25
Total Current Assets	1,135	843.95	900.08	932.84	874.79	342.98
Property, Plant & Equipment	2,305	2,499	2,608	2,778	2,877	2,085
Long-Term Investments	516.29	395.4	104.44	84.13	43.18	19.39
Other Intangible Assets	-	0.08	0.51	1.29	2.59	3.57
Long-Term Deferred Tax Assets	-	-	-	0.04	0.04	0.04
Other Long-Term Assets	21.05	13.95	25.57	48.4	73.96	-
Total Assets	4,029	3,812	3,702	3,914	3,945	2,511
Accounts Payable	419.99	239.85	193.43	245.58	41.51	29.5
Accrued Expenses	-	109.67	118.15	114.8	101.76	30.43
Short-Term Debt	-	-	-	-	-	18.75
Current Portion of Long-Term Debt	219.54	184.77	252.56	174	104.48	178.62
Current Portion of Leases	26.49	27.8	83.74	93.32	215.64	51.02
Current Income Taxes Payable	5.42	5.02	2.76	8.11	4.74	2.02
Other Current Liabilities	36.68	4.79	3.2	25.37	13.04	5.46
Total Current Liabilities	708.12	571.91	653.83	661.19	481.16	315.8
Long-Term Debt	734.4	863.35	322.82	398.51	627.33	939.01
Long-Term Leases	45.11	47.05	463.13	626.52	827.85	144.13
Total Liabilities	1,488	1,482	1,440	1,686	1,936	1,399
Common Stock	1,066	1,093	1,093	5.07	5.04	3.7
Additional Paid-In Capital	-	-	-	1,582	1,561	1,242
Retained Earnings	897.76	846.22	705.18	631.03	381.89	-125.96
Treasury Stock	-0.31	-78.45	-53.44	-17.95	-12.68	-12.83
Comprehensive Income & Other	578.03	468.76	517.71	27.62	73.65	5.15
Shareholders' Equity	2,541	2,330	2,263	2,228	2,009	1,112
Total Liabilities & Equity	4,029	3,812	3,702	3,914	3,945	2,511
Total Debt	1,026	1,123	1,122	1,292	1,775	1,332
Net Cash (Debt)	-879.07	-1,019	-926.98	-1,151	-1,601	-1,231
Net Cash Per Share	-1.74	-2.02	-1.80	-2.26	-3.27	-3.39
Filing Date Shares Outstanding	498.57	497.99	502.92	503.39	500.59	455.27
Total Common Shares Outstanding	498.57	497.99	502.92	503.39	500.59	363.16
Working Capital	426.5	272.04	246.25	271.64	393.63	27.17
Book Value Per Share	5.10	4.68	4.50	4.43	4.01	3.06
Tangible Book Value	2,541	2,330	2,262	2,226	2,006	1,108
Tangible Book Value Per Share	5.10	4.68	4.50	4.42	4.01	3.05
Machinery	3,225	3,619	3,667	3,717	3,837	2,991