v3.25.2
Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Intangible assets      
Goodwill $ 1.8 $ 1.7 $ 1.8
Other intangible assets 2.3 2.0 2.2
Total intangible assets 4.1 3.7 4.0
Tangible fixed assets      
Land and buildings 8.3 8.1 4.1
Vessels and capitalized dry-docking 2,691.7 2,826.7 2,528.7
Other non-current assets under construction 2.2 4.6 3.9
Other plant and operating equipment 2.6 3.3 3.5
Total tangible fixed assets 2,704.8 2,842.7 2,540.2
Financial assets      
Investments in joint ventures 0.1 0.1 0.1
Loan receivables 4.5 4.5 4.5
Deferred tax asset 0.3 3.1 0.3
Other investments 0.1 0.2 0.5
Total financial assets 5.0 7.9 5.4
Total non-current assets 2,713.9 2,854.3 2,549.6
Inventories 69.5 68.4 69.4
Trade receivables 170.9 183.9 244.1
Other receivables 30.9 59.6 45.4
Prepayments 10.6 12.2 12.2
Cash and cash equivalents incl. restricted cash 369.8 291.2 532.4
Current assets excl. assets held for sale 651.7 615.3 903.5
Assets held for sale 31.1 0.0 12.4
Total current assets 682.8 615.3 915.9
TOTAL ASSETS 3,396.7 3,469.6 3,465.5
Equity      
Common shares 1.0 1.0 1.0
Share premium 91.1 271.0 167.1
Treasury shares 0.0 (4.2) (4.2)
Hedging reserves 12.8 15.5 24.8
Translation reserves (0.1) (0.8) (0.6)
Other reserves 398.1 320.0 320.0
Retained profit 1,604.4 1,471.5 1,534.6
Equity attributable to TORM plc shareholders 2,107.3 2,074.0 2,042.7
Non-controlling interests 0.0 0.8 1.0
Total equity 2,107.3 2,074.8 2,043.7
Liabilities      
Non-current tax liability related to held-over gains 45.2 45.2 45.2
Deferred tax liability 0.3 0.3 2.4
Borrowings 969.8 1,061.0 1,083.0
Other non-current liabilities 8.0 2.9 3.5
Total non-current liabilities 1,023.3 1,109.4 1,134.1
Borrowings 156.2 165.3 175.0
Trade payables 45.2 50.0 47.4
Current tax liabilities 1.3 0.7 1.5
Other liabilities 57.1 61.3 57.1
Provisions 0.7 0.6 0.6
Prepayments from customers 5.6 7.5 6.1
Total current liabilities 266.1 285.4 287.7
Total liabilities 1,289.4 1,394.8 1,421.8
TOTAL EQUITY AND LIABILITIES $ 3,396.7 $ 3,469.6 $ 3,465.5