TGS ASA 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	212.3	122.8	196.74	188.45	215.33
Cash & Short-Term Investments	212.3	122.8	196.74	188.45	215.33
Cash Growth	72.88%	-37.58%	4.40%	-12.48%	10.02%
Accounts Receivable	384.2	513.4	156.93	240.32	146.06
Other Receivables	45.4	25.7	40.3	78.46	73.9
Receivables	429.6	539.1	197.23	318.78	219.97
Inventory	19.3	42.8	12.57	6.58	-
Prepaid Expenses	46.7	40.5	21.56	-	-
Restricted Cash	-	37.8	-	-	-
Other Current Assets	46.8	46	14.84	0	-
Total Current Assets	754.7	829	442.94	513.81	435.29
Property, Plant & Equipment	974.3	1,002	210.41	205.39	56.55
Long-Term Investments	3.5	6.3	5.49	5.29	2.91
Goodwill	555.9	560.1	384.65	384.65	303.96
Other Intangible Assets	1,311	1,358	826.1	641.14	730.35
Long-Term Deferred Tax Assets	237.1	249.7	67.9	82.2	95.89
Other Long-Term Assets	97.3	32.8	18.94	6.42	4.88
Total Assets	3,934	4,038	1,956	1,839	1,630
Accounts Payable	82.1	130.6	47.39	72.86	71.67
Accrued Expenses	131	190.5	48.12	145.34	48.15
Short-Term Debt	-	84.6	-	44.75	-
Current Portion of Long-Term Debt	44.3	3.7	-	-	-
Current Portion of Leases	89.8	109.5	43.88	38.35	10.78
Current Income Taxes Payable	88.8	62.2	5.46	14.04	77.94
Current Unearned Revenue	578.4	532.2	276.06	126.46	238.17
Other Current Liabilities	167.2	151.7	160.96	63.18	-
Total Current Liabilities	1,182	1,265	581.87	504.99	446.71
Long-Term Debt	605.9	561.2	-	-	-
Long-Term Leases	116.1	61.4	41.33	28.61	33.02
Long-Term Deferred Tax Liabilities	16.9	45.8	16.43	23.13	32.06
Other Long-Term Liabilities	32.3	28.7	41.21	42.41	2.71
Total Liabilities	1,953	1,962	680.84	599.13	514.5
Common Stock	5.9	5.9	4.41	4.26	4.09
Additional Paid-In Capital	1,462	1,462	669.21	582.83	462.13
Retained Earnings	534.2	630.3	624.59	671.37	671.39
Treasury Stock	-	-	-0.02	-0.02	-0.04
Comprehensive Income & Other	-22.1	-23.3	-23.09	-22.54	-22.23
Total Common Equity	1,980	2,075	1,275	1,236	1,115
Minority Interest	0.5	0.5	0.47	3.86	-0.01
Shareholders' Equity	1,981	2,076	1,276	1,240	1,115
Total Liabilities & Equity	3,934	4,038	1,956	1,839	1,630
Total Debt	856.1	820.4	85.21	111.71	43.8
Net Cash (Debt)	-643.8	-697.6	111.53	76.75	171.53
Net Cash Growth	-	-	45.33%	-55.26%	26.74%
Net Cash Per Share	-3.24	-4.23	0.88	0.65	1.47
Filing Date Shares Outstanding	196.46	196.21	130.86	124.47	116.11
Total Common Shares Outstanding	196.46	196.21	130.86	124.47	116.11
Working Capital	-426.9	-436	-138.94	8.82	-11.42
Book Value Per Share	10.08	10.58	9.74	9.93	9.61
Tangible Book Value	113.6	157.2	64.36	210.12	81.03
Tangible Book Value Per Share	0.58	0.80	0.49	1.69	0.70
Buildings	25.1	23.5	10.88	10.81	9.32
Machinery	1,138	1,063	289.99	281.59	144.88

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.