TGS ASA 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	184	212.3	122.8	196.74	188.45	215.33
Cash & Short-Term Investments	184	212.3	122.8	196.74	188.45	215.33
Cash Growth	9.92%	72.88%	-37.58%	4.40%	-12.48%	10.02%
Accounts Receivable	290.6	384.2	513.4	156.93	240.32	146.06
Other Receivables	-	45.4	25.7	40.3	78.46	73.9
Receivables	290.6	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	193	46.8	46	14.84	0	-
Total Current Assets	667.6	754.7	829	442.94	513.81	435.29
Property, Plant & Equipment	944.9	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	555.9	560.1	384.65	384.65	303.96
Other Intangible Assets	1,393	1,311	1,358	826.1	641.14	730.35
Long-Term Deferred Tax Assets	226.4	237.1	249.7	67.9	82.2	95.89
Other Long-Term Assets	101	97.3	32.8	18.94	6.42	4.88
Total Assets	3,888	3,934	4,038	1,956	1,839	1,630
Accounts Payable	147	82.1	130.6	47.39	72.86	71.67
Accrued Expenses	-	131	190.5	48.12	145.34	48.15
Short-Term Debt	33.1	-	84.6	-	44.75	-
Current Portion of Long-Term Debt	-	44.3	3.7	-	-	-
Current Portion of Leases	85.3	89.8	109.5	43.88	38.35	10.78
Current Income Taxes Payable	198.3	88.8	62.2	5.46	14.04	77.94
Current Unearned Revenue	592.7	578.4	532.2	276.06	126.46	238.17
Other Current Liabilities	191.2	167.2	151.7	160.96	63.18	-
Total Current Liabilities	1,248	1,182	1,265	581.87	504.99	446.71
Long-Term Debt	575.9	605.9	561.2	-	-	-
Long-Term Leases	98.9	116.1	61.4	41.33	28.61	33.02
Long-Term Deferred Tax Liabilities	18.2	16.9	45.8	16.43	23.13	32.06
Other Long-Term Liabilities	8.1	32.3	28.7	41.21	42.41	2.71
Total Liabilities	1,949	1,953	1,962	680.84	599.13	514.5
Common Stock	5.9	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	1,934	-22.1	-23.3	-23.09	-22.54	-22.23
Total Common Equity	1,940	1,980	2,075	1,275	1,236	1,115
Minority Interest	-	0.5	0.5	0.47	3.86	-0.01
Shareholders' Equity	1,940	1,981	2,076	1,276	1,240	1,115
Total Liabilities & Equity	3,888	3,934	4,038	1,956	1,839	1,630
Total Debt	793.2	856.1	820.4	85.21	111.71	43.8
Net Cash (Debt)	-609.2	-643.8	-697.6	111.53	76.75	171.53
Net Cash Growth	-	-	-	45.33%	-55.26%	26.74%
Net Cash Per Share	-3.00	-3.24	-4.23	0.88	0.65	1.47
Filing Date Shares Outstanding	216	196.46	196.21	130.86	124.47	116.11
Total Common Shares Outstanding	216	196.46	196.21	130.86	124.47	116.11
Working Capital	-580	-426.9	-436	-138.94	8.82	-11.42
Book Value Per Share	8.98	10.08	10.58	9.74	9.93	9.61
Tangible Book Value	-8.8	113.6	157.2	64.36	210.12	81.03
Tangible Book Value Per Share	-0.04	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

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