Subsea 7 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	Jun '26 Jun 30, 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	1,046	969.7	575.3	750.9	645.6	597.6
Cash & Short-Term Investments	1,046	969.7	575.3	750.9	645.6	597.6
Cash Growth	153.04%	68.56%	-23.39%	16.31%	8.03%	16.81%
Accounts Receivable	1,012	836.3	663.8	921.8	586.2	631.8
Inventory	69.2	51.8	57.4	60.1	49.5	40.3
Other Current Assets	1,149	1,263	1,178	1,132	1,140	1,058
Total Current Assets	3,277	3,121	2,474	2,865	2,421	2,328
Net Property, Plant & Equipment	4,105	4,070	4,361	4,489	4,164	4,287
Other Intangible Assets	107.4	111.7	87.6	58.5	31.1	35
Goodwill	172.2	157	183.7	192.2	191.3	197.2
Long-Term Investments	376.6	370.2	367.2	342	25.5	28.6
Other Long-Term Assets	189.5	201.1	206.7	148.5	111	146.5
Total Assets	8,227	8,031	7,680	8,096	6,944	7,023
Accounts Payable	1,679	1,502	1,429	1,684	1,270	1,353
Short-Term Debt	181.3	181.3	138.2	123.5	53.8	61.6
Current Portion of Leases	146.9	164.9	223.8	167.8	95.8	88
Unearned Revenue	821.2	720.1	419.4	428.7	320.9	206.6
Other Current Liabilities	314.4	250.2	223.3	212.2	143.5	161.9
Total Current Liabilities	3,143	2,818	2,434	2,616	1,884	1,871
Long-Term Debt	311.3	402.4	583.8	721.4	302.2	360.3
Long-Term Leases	216.2	184.9	231.1	290.5	161.2	142.9
Other Long-Term Liabilities	177.9	180	136.6	110.4	145.7	160.6
Total Long-Term Liabilities	705.4	767.3	951.5	1,122	609.1	663.8
Total Liabilities	3,848	3,586	3,385	3,738	2,494	2,534
Common Stock	599.2	599.2	599.2	608.6	600	600
Treasury Stock	-60	-60.2	-69.1	-31.1	-75	-32.9
Additional Paid-in Capital	2,564	2,552	2,546	2,580	2,503	2,504
Accumulated Other Comprehensive Income	-558.1	-541.8	-650.2	-614.5	-646.4	-596.7
Retained Earnings	1,798	1,858	1,825	1,780	1,740	1,710
Total Common Shareholders' Equity	4,343	4,406	4,250	4,323	4,122	4,184
Minority Interest	35.8	38.5	44.6	34.1	329.1	304.5
Shareholders' Equity	4,379	4,445	4,295	4,357	4,451	4,488
Total Liabilities & Equity	8,227	8,031	7,680	8,096	6,944	7,023
Total Debt	855.7	933.5	1,177	1,303	613	652.8
Net Cash (Debt)	190.1	36.2	-601.6	-552.3	32.6	-55.2
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.64	0.12	-2.01	-1.85	0.11	-0.18
Book Value	4,343	4,406	4,250	4,323	4,122	4,184
Book Value Per Share	14.57	14.80	14.18	14.45	14.07	14.01
Tangible Book Value	4,063	4,138	3,979	4,072	3,899	3,952
Tangible Book Value Per Share	13.63	13.90	13.27	13.61	13.31	13.23