TORM plc 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	163.5	291.2	295.6	323.8	171.73
Cash & Short-Term Investments	163.5	291.2	295.6	323.8	171.73
Cash Growth	-43.85%	-1.49%	-8.71%	88.55%	26.68%
Accounts Receivable	214.7	183.9	211	259.5	83.97
Other Receivables	23.7	59.6	60.5	74	39.97
Total Trade Receivables	238.4	243.5	271.5	333.5	123.93
Inventory	66.5	68.4	61.7	72	48.81
Other Current Assets	63.5	12.2	62.4	10.4	18.84
Total Current Assets	531.9	615.3	691.2	739.7	363.32
Net Property, Plant & Equipment	2,822	2,843	2,170	1,865	1,961
Other Intangible Assets	4	2	1.8	1.9	-
Goodwill	1.8	1.7	1.8	1.8	-
Long-Term Investments	2.7	0.3	0.1	0.3	1.47
Other Long-Term Assets	4.7	7.6	4.9	5.2	5.27
Total Assets	3,367	3,470	2,870	2,614	2,331
Accounts Payable	41	50	43.1	48.5	35.33
Current Portion of Long-Term Debt	288.8	165.3	172.7	117.1	208.95
Unearned Revenue	2.3	7.5	3.3	0.9	-
Other Current Liabilities	69.3	62.6	46.3	39.9	62.91
Total Current Liabilities	401.4	285.4	265.4	206.4	307.19
Long-Term Debt	714.3	1,061	886.9	849.8	926.45
Other Long-Term Liabilities	48.7	48.4	51.8	54.3	45.18
Total Long-Term Liabilities	763	1,109	938.7	904.1	971.63
Total Liabilities	1,164	1,395	1,204	1,111	1,279
Common Stock	1	1	0.9	0.8	0.81
Treasury Stock	-	-4.2	-4.2	-4.2	-4.24
Additional Paid-in Capital	110.2	271	260	167.6	159.56
Accumulated Other Comprehensive Income	302.5	334.7	25.2	39.4	-3.42
Retained Earnings	1,789	1,472	1,382	1,298	899.47
Total Common Shareholders' Equity	2,203	2,074	1,664	1,501	1,052
Minority Interest	-	0.8	1.9	2.3	-
Shareholders' Equity	2,203	2,075	1,666	1,504	1,052
Total Liabilities & Equity	3,367	3,470	2,870	2,614	2,331
Total Debt	1,003	1,226	1,060	966.9	1,135
Net Cash (Debt)	-839.6	-935.1	-764	-643.1	-963.67
Net Cash Per Share	-8.39	-9.71	-8.81	-7.77	-12.29
Book Value	2,203	2,074	1,664	1,501	1,052
Book Value Per Share	22.00	21.54	19.19	18.13	13.42
Tangible Book Value	2,197	2,070	1,661	1,498	1,052
Tangible Book Value Per Share	21.95	21.50	19.15	18.09	13.42

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.