v3.26.1
Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
Intangible assets      
Goodwill $ 1.9 $ 1.8 $ 1.8
Other intangible assets 4.2 4.0 2.3
Total intangible assets 6.1 5.8 4.1
Tangible fixed assets      
Land and buildings 8.3 9.7 8.3
Vessels and capitalized dry-docking 2,918.8 2,792.2 2,691.7
Prepayments on vessels 29.3 14.1 0.0
Other non-current assets under construction 4.5 3.4 2.2
Other plant and operating equipment 1.9 2.5 2.6
Total tangible fixed assets 2,962.8 2,821.9 2,704.8
Financial assets      
Investments in joint ventures 0.0 0.0 0.1
Loan receivables 4.4 4.4 4.5
Deferred tax asset 0.3 0.3 0.3
Other investments 3.0 2.7 0.1
Total financial assets 7.7 7.4 5.0
Total non-current assets 2,976.6 2,835.1 2,713.9
Inventories 111.8 66.5 69.5
Trade receivables 322.4 214.7 170.9
Other receivables 28.1 23.7 30.9
Prepayments 16.1 39.1 10.6
Cash and cash equivalents incl. restricted cash 368.2 163.5 369.8
Current assets excl. assets held for sale 846.6 507.5 651.7
Assets held for sale 0.0 24.4 31.1
Total current assets 846.6 531.9 682.8
TOTAL ASSETS 3,823.2 3,367.0 3,396.7
Equity      
Common shares 1.0 1.0 1.0
Share premium 131.6 110.2 91.1
Hedging reserves 7.1 6.6 12.8
Translation reserves (0.4) (0.2) (0.1)
Other reserves 153.1 296.1 398.1
Retained profit 2,257.9 1,788.9 1,604.4
Total equity 2,550.3 2,202.6 2,107.3
Liabilities      
Non-current tax liability related to held-over gains 45.2 45.2 45.2
Deferred tax liability 2.0 0.2 0.3
Borrowings 839.2 714.3 969.8
Other non-current liabilities 13.8 3.3 8.0
Total non-current liabilities 900.2 763.0 1,023.3
Borrowings 237.0 288.8 156.2
Trade payables 81.8 41.0 45.2
Current tax liabilities 0.1 0.3 1.3
Other liabilities 46.8 68.3 57.1
Provisions 0.4 0.7 0.7
Prepayments from customers 6.6 2.3 5.6
Total current liabilities 372.7 401.4 266.1
Total liabilities 1,272.9 1,164.4 1,289.4
TOTAL EQUITY AND LIABILITIES $ 3,823.2 $ 3,367.0 $ 3,396.7