GOLAR LNG LTD

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net income from discontinued operations $43.3m $176.0m ($568.0m) $76.5m ($293k) $0 $0
Net Income From Continuing Operations $939.1m ($2.9m) $80.8m $112.6m
Net Income (Loss) Attributable to Parent ($186.5m) ($179.7m) ($231.4m) ($212.0m) ($273.6m) $413.9m $787.8m ($46.8m) $50.8m $65.7m
Net cash provided by continuing operations $106.5m $145.8m $253.9m $279.1m $134.6m $318.2m $470.9m
Net cash provided by discontinued operations $92.1m $133.5m ($60.7m) $276k $0 $0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($160.8m) ($145.3m) ($168.2m) ($122.4m) ($167.9m) $560.6m $939.1m ($2.9m) $80.8m $112.6m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($7.4m) $1.0b ($3.1m) $80.8m $112.6m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $568.0m $0 $0
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($76.5m) $293k
Net Income (Loss) Attributable to Noncontrolling Interest $151.3m $43.9m $30.0m $46.9m
Depreciation, Depletion and Amortization $73.0m $76.5m $93.4m $112.6m $107.5m $105.5m $51.3m $49.8m $53.1m $48.3m
Depreciation, Depletion and Amortization $73.0m $76.5m $93.4m $112.6m $107.5m $105.5m $51.3m $49.8m $53.1m $48.3m
Amortization of deferred charges and debt guarantees, net $13.7m ($900k) $7.7m $6.5m $3.9m $3.0m $7.5m $1.8m $3.1m $7.1m
Change in fair value of derivative instruments (oil and gas derivatives), commodity swaps and amortization of day 1 gains ($35.1m) $181.5m $311.6m $272.1m $89.3m $80.6m
Depreciation Amortization Depletion $51.7m $50.3m $53.5m $49.3m
Deferred Income Tax Expense (Benefit) $90k $27k $431k $118k $172k ($6k) ($958k) $1.3m ($736k) $687k
Share-based Payment Arrangement, Expense $5.8m $8.8m $11.7m $7.1m $2.3m $1.4m $2.0m $2.7m $3.6m $6.5m
Equity Method Investment, Other than Temporary Impairment $149.4m $500k $135.9m
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss ($62.3m) ($62.3m)
Impairment of long-lived assets $0 $0 $0 $34.8m $0 $0 $76.2m $5.0m $22.9m $0
Loss on disposal and impairment of long-lived assets $0 ($564.9m) $105.2m ($27k) $0 $0
Asset Impairment Charge $76.2m $5.0m $22.9m $0
Gain (Loss) on Extinguishment of Debt ($10.0m)
Gain (Loss) on Disposition of Property Plant Equipment $0 $0 $5.7m $0
Gain (Loss) on Disposition of Business $4.8m $0
Income (Loss) from Equity Method Investments $47.9m ($25.4m) ($157.6m) ($45.8m) ($176.5m) $569.1m $19.0m ($2.5m) ($7.5m) $8.9m
Income Tax Expense (Benefit) ($589k) $1.5m $1.3m $1.0m $981k $1.7m ($438k) $1.9m ($18k) $4.3m
Interest Expense Nonoperating $0 $32.9m
Operating Lease, Expense $86.0m $11.2m
Operating Lease, Lease Income $142.1m $191.9m $203.0m $9.7m $17.9m $12.3m $876k
Other Nonoperating Income (Expense) ($8.6m) ($81k) $0 $0 $5.7m $361.9m $11.9m $9.8m ($7.0m) $30.0m
Loss on extinguishment of debt $0 $0 $10.0m
Dividend received from equity method investments $0 $0 $456k $0
Net (income)/loss from equity method investments $537k ($1.1m) ($19.0m) $2.5m $7.5m ($8.9m)
Additions to equity method investments ($1.3m) ($10.2m) ($8.6m) ($129.7m) ($9.7m) ($3.9m) ($30.1m)
Proceeds from sale of equity method investment $0 $0 $119.5m $97.8m $56.1m $822k $39.1m
Earnings (Loss)es From Equity Investments ($19.0m) $2.5m $7.5m ($8.9m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $567k $11.4m $49.9m ($39.4m) $4.2m $1.2m
Increase (Decrease) in Inventories ($987k) $151k ($402k) ($5.8m) $305k ($998k)
Asset Retirement Obligation, Accretion Expense $200k
Deconsolidation, Gain (Loss), Amount ($8.5m) $0 $0
Equity Securities, FV-NI, Gain (Loss) $401.0m ($62.3m) $0 $0
Equity Securities, FV-NI, Unrealized Gain (Loss) ($295.8m)
Foreign Currency Transaction Gain (Loss), Realized ($1.9m) ($888k) ($2.0m) ($902k) ($3.2m) ($465k) $1.6m ($941k) $205k ($1.7m)
Foreign Currency Transaction Gain (Loss), Unrealized ($1.4m) ($1.6m) ($2.0m) ($1.2m) ($3.2m) ($466k)
General and Administrative Expense $46.0m $50.3m $51.5m $52.2m $35.3m $35.0m $38.1m $33.5m $27.5m $29.6m
Investment Income, Interest $3.0m $5.9m $34.6m
Marketable Securities, Unrealized Gain (Loss) $350.9m $0
Nonoperating Income (Expense) $412.9m ($52.5m) ($7.0m) $30.0m
Operating Expenses $221.2m $237.9m $258.0m
Payments of Financing Costs $8.4m $1.6m $1.8m $24.5m $14.6m $17.0m
Proceeds from Stock Options Exercised $1.4m $0 $0
Sales-type Lease, Selling Profit (Loss) $91.5m
Stock or Unit Option Plan Expense $5.8m $9.0m $11.5m $8.9m $5.4m $3.5m
Unrealized Gain (Loss) on Derivatives $15.1m
Loss on disposal of long lived asset $0 $0 $0 $0 ($5.7m) $0 $0 $491k $0 $451k
Gain on deemed sale of FLNG Gimi $0 $0 ($30.0m)
Write off of shareholder loan $0 $0 $7.1m
Provision for credit loss $0 $0 $251k
Drydocking expenditure $0 $0 $0 ($24.9m) ($10.6m) ($1.6m) $0 ($6.7m) ($2.9m) $0
Compensation cost related to employee stock awards $5.8m $9.0m $11.5m $8.9m $5.4m $3.5m $3.6m $5.8m $7.2m $9.9m
Net foreign exchange losses/(gains) $1.4m $1.6m $2.0m $1.2m $3.2m $466k ($1.0m) $958k ($205k) $1.7m
Sales-type lease receivable in excess of interest income $0 $0 $22.5m
Change in fair value of investment in listed equity securities $0 $0 $295.8m ($401.0m) $62.3m $0 $0
Change in fair value of derivative instruments (interest rate swaps) ($26.6m) ($24.5m) $38.6m $44.4m $91.3m ($206.9m) ($72.3m) $15.6m $6.0m $11.2m
Trade accounts receivable and accrued income (1) ($567k) ($11.4m) ($49.9m) $39.4m ($4.2m) ($1.2m) ($10.1m) $3.2m $9.5m $37.3m
Other current and non-current assets $14.9m ($102.5m) ($13.5m) ($5.9m) ($15.8m) $979k ($32.0m) ($265.7m) $33.1m $43.9m
Amounts due from related parties ($9.4m) ($27.1m) ($16.5m) $2.4m $11.6m ($9.4m) ($437k) $172k ($1.1m) ($18.0m)
Trade accounts payable ($28.5m) $1.6m ($24.8m) ($678k) $3.8m $857k ($4.4m) ($20k) $3.6m $4.4m
Accrued expenses ($3.4m) $28.7m $12.2m ($39.7m) $3.8m $6.2m ($10.3m) $8.4m $4.1m $35.3m
Other current and non-current liabilities $9.7m $99.9m $40.2m ($56.2m) ($52.4m) $63.8m ($52.4m) ($18.5m) $1.4m $94.4m
Additions to assets under development ($200.8m) ($390.6m) ($116.7m) ($376.3m) ($298.3m) ($213.5m) ($267.4m) ($308.1m) ($376.3m) ($853.4m)
Additions for FLNG Hilli redeployment $0 $0 ($29.9m)
Loan advanced to related parties $0 $0 $0 ($45.0m) ($1.8m) $0 ($3.6m) ($17.9m) ($2.5m)
Additions to intangibles $0 $0 ($1.5m) ($192k)
Additions to vessels and equipment ($14.5m) ($1.3m) ($33.1m) ($24.4m) ($3.9m) ($925k) $0 ($1.6m) ($62.2m) ($12k)
Proceeds from short-term loan advanced to related parties $0 $0 $0 $0 $45.0m $0 $0 $60k $0 $17.9m
Proceeds from subscription of equity interest $0 $0 $115.2m $11.1m $25.4m $39.3m $80.0m $45.2m $21.0m
Consideration received for the sale of long-lived asset $0 $0 $15.2m $0 $24.8m
Additions to other investments $0 $0 ($5.0m) $0
Deposit paid for vessel $0 $0 ($15.5m) $0 $0
Proceeds from sale of listed equity securities $0 $0 $625.8m $45.6m $0 $0
Proceeds from exercise of share options $1.4m ($1.2m) $2.7m $0 $0 $0 $161k $0 $5.7m $3.2m
Financing costs paid ($8.4m) ($1.6m) ($1.8m) ($24.5m) ($14.6m) ($17.0m) ($9.9m) ($10.4m) ($6.7m) ($42.3m)
Purchase of treasury shares ($8.2m) $0 $0 ($18.6m) ($16.6m) ($24.5m) ($25.5m) ($61.7m) ($14.2m) ($144.0m)
Acquisition of Hilli LLC non-controlling interest $0 $0 ($100.0m) ($59.9m) $0
Beginning Cash Position $337.9m $1.0b $771.5m $716.6m
Cash Flow From Continuing Financing Activities ($533.4m) ($245.0m) $43.9m $841.1m
Cash Flow From Continuing Investing Activities $498.4m ($131.7m) ($417.0m) ($813.2m)
Cash From Discontinued Financing Activities ($103.4m) ($158.3m) $0
Cash From Discontinued Investing Activities $119.1m $569.3m $0 $0
Change In Account Payable $3.1m ($18k) $3.6m $4.4m
Change In Accrued Expense ($4.2m) $8.6m $4.1m $35.3m
Change In Inventory $998k ($157k)
Change In Other Current Assets ($26.7m) ($266.0m) $33.1m $43.9m
Change In Other Current Liabilities ($27.5m) ($18.3m) $1.4m $94.4m
Change In Payable $3.1m ($18k) $3.6m $4.4m
Change In Payables And Accrued Expense ($1.1m) $8.5m $7.7m $39.7m
Change In Receivables ($10.6m) $3.4m $8.5m $19.3m
Change In Working Capital ($65.8m) ($272.4m) $50.7m $197.3m
Changes In Account Receivables ($10.9m) $3.2m $9.5m $37.3m
Changes In Cash $675.0m ($241.4m) ($54.9m) $498.8m
End Cash Position $1.0b $771.5m $716.6m $1.2b
Financing Cash Flow ($533.4m) ($245.0m) $43.9m $841.1m
Free Cash Flow ($207.3m) ($190.0m) ($121.8m) ($382.6m)
Gain Loss On Investment Securities ($383.9m) $287.7m $95.7m $91.7m
Gain Loss On Sale Of Business $0 $0
Gain Loss On Sale Of PPE $0 $491k $0 ($29.5m)
Investing Cash Flow $1.1b ($131.7m) ($417.0m) ($813.2m)
Issuance Of Capital Stock $0 $0
Net Business Purchase And Sale $134.7m $126.4m $46.0m $30.0m
Net Foreign Currency Exchange Gain Loss ($1.6m) $941k ($205k) $1.7m
Net Intangibles Purchase And Sale $0 $0 ($1.5m) ($192k)
Net PPE Purchase And Sale ($267.4m) ($325.2m) ($438.5m) ($853.4m)
Operating Gains Losses ($404.5m) $291.7m $103.0m $64.9m
Other Non Cash Items $83.4m $7.6m $10.2m $46.6m
Proceeds From Stock Option Exercised $161k $0 $5.7m $3.2m
Provisionand Write Offof Assets $0 $0 $251k
Purchase Of Business ($2.4m) ($9.7m) $0 ($30.1m)
Purchase Of Intangibles $0 $0 ($1.5m) ($192k)
Purchase Of PPE $0 ($267.4m) ($325.2m) ($438.5m) ($853.4m)
Repurchase Of Capital Stock ($25.5m) ($61.7m) ($14.2m) ($144.0m)
Sale Of Business $137.1m $136.1m $46.0m $60.2m
Sale Of PPE $0 $0
Unrealized Gain Loss On Investment Securities ($401.0m) $62.3m $0 $0
Derivative, Gain (Loss) on Derivative, Net $16.8m ($26.0m) ($42.6m) $204.7m $521.0m ($84.8m) $39.2m ($30.2m)
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax $574.9m $113.2m $27k
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax ($189.6m) $266k
Gain (Loss) on Derivative Instruments, Net, Pretax ($30.5m) ($38.0m) ($52.4m) $24.3m $71.5m ($7.2m) $65k ($7.8m)
Other Operating Income (Expense), Net $16k $0 $0 $3.3m $361.9m $505.6m ($61.4m) $39.7m ($35.8m)
Net Cash Provided by (Used in) Operating Activities ($38.6m) $47.1m $116.7m $106.5m $145.8m ($176.5m) $279.1m $141.6m $321.2m $470.9m
Cash flows from investing activities:
Payments to Acquire Investments $10.2m $123.1m $95.5m $21.0m $12.6m
Net Investment Purchase And Sale $625.8m $45.6m ($5.0m) $0
Purchase Of Investment $0 $0 ($5.0m) $0
Sale Of Investment $625.8m $45.6m $0 $0
Net Other Investing Changes ($1.8m) $11.7m ($17.9m) $10.3m
Net Cash Provided by (Used in) Investing Activities ($2.2m) ($433.8m) ($202.5m) ($264.4m) ($103.0m) ($194.3m) $498.4m ($131.7m) ($417.0m) ($813.2m)
Cash flows from financing activities:
Proceeds from short-term and long-term debt $405.8m $928.4m $1.2b $524.3m $729.7m $580.3m $276.6m $156.0m $371.1m $2.3b
Issuance Of Debt $276.6m $156.0m $371.1m $2.3b
Long Term Debt Issuance $276.6m $156.0m $371.1m $2.3b
Net Issuance Payments Of Debt ($443.3m) $30.1m $234.3m $1.3b
Net Long Term Debt Issuance ($443.3m) $30.1m $234.3m $1.3b
Net Short Term Debt Issuance $23.0m ($443.3m)
Short Term Debt Issuance $580.3m $276.6m
Repayments of short-term and long-term debt ($271.9m) ($446.6m) ($994.9m) ($552.2m) ($934.5m) ($557.3m) ($877.9m) ($125.9m) ($136.9m) ($945.0m)
Long Term Debt Payments ($719.9m) ($125.9m) ($136.9m) ($945.0m)
Repayment Of Debt ($719.9m) ($125.9m) ($136.9m) ($945.0m)
Short Term Debt Payments ($557.3m) ($719.9m)
Proceeds from Issuance of Common Stock $169.9m $0 $0 $99.8m $0
Common Stock Issuance $0 $0
Net Common Stock Issuance ($25.5m) ($61.7m) ($14.2m) ($144.0m)
Payments for Repurchase of Common Stock $8.2m $0 $0 $18.6m $16.6m $24.5m
Common Stock Payments ($25.5m) ($61.7m) ($14.2m) ($144.0m)
Proceeds from Noncontrolling Interests $36.5m $0 $0
Dividends Payable $5.0m $5.0m $16.8m $0
Dividends received from listed equity securities $29.0m $25.1m $33.2m $29.2m $10.6m $5.5m $5.3m $9.8m $0 $0
Cash dividends paid ($54) ($20) ($43) ($65) ($26) ($33) ($55) ($103) ($115) ($306)
Dividends Received CFI $5.3m $9.8m $0 $0
Net Other Financing Charges ($9.6m) ($110.5m) ($66.6m) ($42.3m)
Net Cash Provided by (Used in) Financing Activities $159.7m $377.3m $177.4m ($136.0m) ($162.3m) ($51.6m) ($533.4m) ($245.0m) $43.9m $841.1m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $91.6m ($293.8m) ($119.5m) $127.9m $675.0m ($241.4m) ($54.9m) $498.8m
Net decrease in cash and cash equivalents, restricted cash and short-term deposits within assets held for sale $1.7m ($15.6m) $80.5m $369k $0
Net increase/(decrease) in cash and cash equivalents, restricted cash, short-term deposits and cash within assets held for sale $122.8m ($27.5m) $91.6m ($293.8m) ($119.5m) $127.9m $675.0m ($241.4m) ($54.9m) $498.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $704.3m $410.4m $290.9m $418.8m $1.0b $771.5m $716.6m $1.2b
Restricted Cash and Investments, Current $183.5m $222.3m $332.0m $111.5m $100.4m $77.3m $21.7m $18.1m $75.6m $24.7m
Cash and cash equivalents, restricted cash and short-term deposits within assets held for sale at the beginning of period $65.3m $80.9m $369k $0 $0 $0
Cash and cash equivalents, restricted cash and short-term deposits at the beginning of the year $640.2m $612.7m $704.3m $410.4m $290.9m $418.8m $1.0b $771.5m $716.6m $1.2b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported $675.0m ($241.4m) ($54.9m) $498.8m
Interest Paid, Excluding Capitalized Interest, Operating Activities $25.4m $34.5m $29.8m $148.1m $56.3m $35.9m $74.6m $24.3m $29.8m $99.0m
Income Taxes Paid, Net $555k $1.2m $1.5m $663k $1.2m $694k $1.5m $857k $770k $3.5m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.