Odfjell 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	103.3	118.1	129.2	157.2	173
Short-Term Investments	-	-	1.6	-	-
Cash & Short-Term Investments	103.3	118.1	130.8	157.2	173
Cash Growth	-12.53%	-9.71%	-16.79%	-9.13%	-16.38%
Accounts Receivable	123.7	114.4	108.4	99.6	164.7
Other Receivables	3.9	1.3	4	2.9	10.8
Receivables	127.6	115.7	112.4	102.5	175.5
Inventory	-	-	-	-	2.5
Prepaid Expenses	11	10.6	8	4.3	9.3
Other Current Assets	3.1	1.7	3	6.1	8
Total Current Assets	245	246.1	254.2	270.1	368.3
Property, Plant & Equipment	2,378	1,932	2,013	1,938	2,109
Long-Term Investments	-	0.2	-	7.5	5.5
Goodwill	2.9	2.6	2.9	3	18.4
Other Intangible Assets	0.3	-	0.1	0.4	10.1
Long-Term Accounts Receivable	8.4	-	-	-	-
Long-Term Deferred Tax Assets	2.9	6.7	8.5	0.4	1.3
Other Long-Term Assets	30.5	27	30.1	-	2.7
Total Assets	2,668	2,215	2,309	2,219	2,515
Accounts Payable	27.6	35.5	48.9	35.8	43.2
Accrued Expenses	62.5	47	51.7	36.3	79.2
Current Portion of Long-Term Debt	92.8	95	149.6	313.5	161.1
Current Portion of Leases	16.3	15.7	24.9	26.5	7.8
Current Income Taxes Payable	10.8	10.1	8.6	5.8	2.7
Current Unearned Revenue	31	44.1	22.1	13.7	21.8
Other Current Liabilities	3.6	8.7	6.7	5.1	2
Total Current Liabilities	244.6	256.1	312.5	436.7	317.8
Long-Term Debt	919.7	527.5	563.1	529	878.4
Long-Term Leases	32.7	27.6	38.4	41.7	38.3
Long-Term Unearned Revenue	33.2	-	-	-	5.6
Pension & Post-Retirement Benefits	0.9	0.5	0.7	0.6	6
Long-Term Deferred Tax Liabilities	9.1	-	-	-	-
Other Long-Term Liabilities	5.2	0.1	0.1	2.8	0.9
Total Liabilities	1,245	811.8	914.8	1,011	1,247
Common Stock	2.4	2.4	2.4	2.5	2.4
Additional Paid-In Capital	383.8	383.8	367.8	367.9	562.5
Retained Earnings	1,128	1,121	1,113	919.7	812.7
Treasury Stock	-	-	-	-0.2	-
Comprehensive Income & Other	-91.7	-103.7	-89.3	-81.4	-109.5
Total Common Equity	1,422	1,403	1,394	1,209	1,268
Shareholders' Equity	1,422	1,403	1,394	1,209	1,268
Total Liabilities & Equity	2,668	2,215	2,309	2,219	2,515
Total Debt	1,062	665.8	776	910.7	1,086
Net Cash (Debt)	-958.2	-547.7	-645.2	-753.5	-912.6
Net Cash Per Share	-3.98	-2.29	-2.72	-3.18	-3.85
Filing Date Shares Outstanding	239.81	239.81	236.78	236.78	236.78
Total Common Shares Outstanding	239.81	239.81	236.78	236.78	236.78
Working Capital	0.4	-10	-58.3	-166.6	50.5
Book Value Per Share	5.93	5.85	5.89	5.10	5.36
Tangible Book Value	1,419	1,401	1,391	1,205	1,240
Tangible Book Value Per Share	5.92	5.84	5.87	5.09	5.24
Machinery	3,530	3,024	3,006	2,979	3,353
Order Backlog	2,481	2,000	2,100	1,900	-

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