Petrofac Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	161	121	418	498	684	1,025
Short-Term Investments	3	80	32	122	-	-
Cash & Short-Term Investments	164	201	450	620	684	1,025
Cash Growth	-35.18%	-55.33%	-27.42%	-9.36%	-33.27%	41.19%
Accounts Receivable	1,607	1,608	1,875	2,066	2,343	2,820
Other Receivables	94	105	114	122	63	97
Receivables	1,701	1,713	1,989	2,188	2,406	2,917
Inventory	10	11	17	23	8	17
Prepaid Expenses	19	20	29	21	32	37
Restricted Cash	102	51	60	58	44	8
Other Current Assets	114	130	114	184	204	944
Total Current Assets	2,110	2,126	2,659	3,094	3,378	4,948
Property, Plant & Equipment	143	170	244	269	288	398
Long-Term Investments	11	11	30	34	35	38
Goodwill	95	96	96	101	101	99
Other Intangible Assets	24	26	25	27	51	66
Long-Term Accounts Receivable	25	34	60	93	80	170
Long-Term Deferred Tax Assets	1	1	1	18	61	50
Other Long-Term Assets	291	295	147	171	177	207
Total Assets	2,700	2,759	3,262	3,807	4,171	5,976
Accounts Payable	653	604	475	561	443	507
Accrued Expenses	918	933	1,018	1,092	1,449	2,000
Short-Term Debt	-	-	-	-	45	111
Current Portion of Long-Term Debt	786	784	799	764	705	302
Current Portion of Leases	64	68	66	61	150	140
Current Income Taxes Payable	55	48	65	126	191	231
Current Unearned Revenue	425	292	155	77	120	273
Other Current Liabilities	218	227	273	336	233	358
Total Current Liabilities	3,119	2,956	2,851	3,017	3,336	3,922
Long-Term Debt	-	-	-	-	50	599
Long-Term Leases	60	79	144	190	163	298
Pension & Post-Retirement Benefits	-	79	73	83	113	131
Long-Term Deferred Tax Liabilities	16	16	28	29	38	37
Other Long-Term Liabilities	156	65	64	65	61	75
Total Liabilities	3,351	3,195	3,160	3,384	3,761	5,062
Common Stock	10	10	10	10	7	7
Additional Paid-In Capital	251	251	251	251	4	4
Retained Earnings	-881	-663	-153	168	426	637
Comprehensive Income & Other	8	1	11	-16	-34	-15
Total Common Equity	-612	-401	119	413	403	633
Minority Interest	-39	-35	-17	10	7	281
Shareholders' Equity	-651	-436	102	423	410	914
Total Liabilities & Equity	2,700	2,759	3,262	3,807	4,171	5,976
Total Debt	910	931	1,009	1,015	1,113	1,450
Net Cash (Debt)	-746	-730	-559	-395	-429	-425
Net Cash Per Share	-1.43	-1.41	-1.09	-1.09	-1.27	-1.24
Filing Date Shares Outstanding	519	522.08	517.96	515.93	337.21	335.86
Total Common Shares Outstanding	519	518.75	517.07	514.59	337.21	335.86
Working Capital	-1,009	-830	-192	77	42	1,026
Book Value Per Share	-1.18	-0.77	0.23	0.80	1.20	1.88
Tangible Book Value	-731	-523	-2	285	251	468
Tangible Book Value Per Share	-1.41	-1.01	-0.00	0.55	0.74	1.39
Land	-	201	203	428	438	434
Machinery	-	116	113	232	234	247
Construction In Progress	-	-	-	1	1	1
Order Backlog	-	8,100	3,400	4,000	5,000	7,400

Updated Sep 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.