Condensed Consolidated Cash Flow Statement $ in Millions |
6 Months Ended | 12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
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Jun. 30, 2025
USD ($)
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Jun. 30, 2024
USD ($)
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Dec. 31, 2024
USD ($)
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| Cash flow from operating activities | ||||||||
| Net profit for the period | $ 121.6 | $ 403.4 | $ 611.5 | |||||
| Adjustments: | ||||||||
| Profit from sale of vessels | (14.9) | (27.6) | (51.3) | |||||
| Depreciation and amortization | 105.4 | 89.9 | 192.0 | |||||
| Financial income | (7.5) | (14.1) | (24.8) | |||||
| Financial expenses | 35.7 | 37.2 | 74.1 | |||||
| Tax | 7.2 | 0.5 | (2.0) | |||||
| Other non-cash movements | 18.3 | 16.6 | 22.9 | |||||
| Interest received and realized exchange gains | 7.7 | 14.1 | 24.8 | |||||
| Interest paid and realized exchange losses | (34.1) | (30.2) | (66.9) | |||||
| Income taxes paid | (1.2) | (0.6) | (1.3) | |||||
| Change in inventories, receivables and payables, etc. | 6.2 | (20.8) | 47.8 | |||||
| Net cash flow from operating activities | 244.4 | 468.4 | 826.8 | |||||
| Cash flow from investing activities | ||||||||
| Investment in tangible fixed assets | (55.7) | [1] | (262.3) | [1] | (582.4) | [1] | ||
| Investment in intangible fixed assets | (0.4) | (0.9) | (1.1) | |||||
| Sale of tangible fixed assets | 95.3 | 88.4 | 130.6 | |||||
| Change in restricted cash | 9.3 | 24.8 | 10.8 | |||||
| Net cash flow from investing activities | 48.5 | (150.0) | (442.1) | |||||
| Cash flow from financing activities | ||||||||
| Proceeds, borrowings | 0.1 | 302.2 | 419.4 | |||||
| Repayment, borrowings | (103.8) | (101.4) | (256.3) | |||||
| Dividend paid | (97.7) | (267.7) | (553.3) | |||||
| Capital increase | 0.2 | [1] | 10.6 | [1] | 12.5 | [1] | ||
| Transaction costs share issue | (0.1) | (0.5) | (0.6) | |||||
| Transactions with non-controlling interests | (3.7) | 0.0 | 0.0 | |||||
| Net cash flow from financing activities | (205.0) | (56.8) | (378.3) | |||||
| Net cash flow from operating, investing and financing activities | 87.9 | 261.6 | 6.4 | |||||
| Cash and cash equivalents beginning balance | 271.9 | 265.5 | 265.5 | |||||
| Cash and cash equivalents ending balance | 359.8 | 527.1 | 271.9 | |||||
| Restricted cash equivalents ending balance | 10.0 | 5.3 | 19.3 | |||||
| Cash and cash equivalents including restricted cash ending balance | $ 369.8 | $ 532.4 | $ 291.2 | |||||
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity, from continuing and discontinued operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents, from continuing and discontinued operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The cash outflow for dividends paid by the entity, classified as financing activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash outflow for income taxes paid, classified as operating activities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The increase (decrease) in cash and cash equivalents after the effect of exchange rate changes on cash and cash equivalents held in foreign currencies. [Refer: Cash and cash equivalents; Effect of exchange rate changes on cash and cash equivalents] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The increase (decrease) in working capital. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash outflow for interest paid, classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash inflow from interest received, classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash outflow for share issue costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash inflow from borrowings obtained. [Refer: Borrowings] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash inflow from issuing shares. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash inflow from sales of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash outflow for the purchases of intangible assets, classified as investing activities. [Refer: Intangible assets other than goodwill] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of cash and cash equivalents whose use or withdrawal is restricted. [Refer: Cash and cash equivalents] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Represent cash and cash equivalents including restricted cash. No definition available.
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- Definition The change in restricted cash classified as investing activities. No definition available.
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- Definition Payment For Transactions With Non-Controlling Interests, Classified As Financing Activities No definition available.
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