SBM Offshore (2SBMO) Balance Sheet

	FY25	FY24	FY23	FY22	FY21	FY20	YoY
Assets
Current Assets	$6.8B	$9.8B	$9.4B	$9.1B	$6.4B	$3.8B	-30.6%
Inventories	$332.0M	$37.0M	$149.0M	$25.0M	$14.0M	$143.0M	+797.3%
Trade Receivables	$1.3B	$1.4B	$901.0M	$795.0M	$839.0M	$614.0M	-8.6%
Non-Current Assets	$11.3B	$7.4B	$7.8B	$6.8B	$6.8B	$7.2B	+53.6%
Cash & Equivalents	$1.1B	$806.0M	$543.0M	$683.0M	$1.0B	$414.0M	+34.7%
Property, Plant & Equipment	—	—	—	$314.0M	$396.0M	$542.0M	—
Intangible Assets	$194.0M	$176.0M	—	—	—	—	+10.2%
Deferred Tax Assets	$301.0M	$311.0M	$247.0M	$12.0M	$13.0M	$46.0M	-3.2%
Total Assets	$18.1B	$17.2B	$17.2B	$15.9B	$13.2B	$11.1B	+5.5%
Liabilities
Current Liabilities	$4.7B	$2.9B	$2.8B	$3.6B	$3.2B	$2.6B	+63.2%
Trade Payables	$1.7B	$1.2B	$1.3B	$1.5B	$1.1B	$1.0B	+40.4%
Non-Current Liabilities	$6.9B	$8.4B	$8.8B	$7.4B	$6.5B	$5.0B	-18.1%
Deferred Tax Liabilities	$109.0M	$178.0M	$173.0M	$38.0M	$19.0M	$37.0M	-38.8%
Equity
Share Capital	$50.0M	$46.0M	$50.0M	$48.0M	$51.0M	$58.0M	+8.7%
Share Premium	$1.0B	$1.0B	$1.0B	$1.0B	$1.0B	$1.0B	+0.0%
Retained Earnings	$3.1B	$2.5B	$2.5B	$2.2B	$1.9B	$1.8B	+25.6%
Other Reserves	$286.0M	$108.0M	$224.0M	$204.0M	-$347.0M	-$296.0M	+164.8%
Minority Interests	$2.1B	$2.2B	$1.8B	$1.5B	$957.0M	$905.0M	-6.7%
Total Equity	$6.5B	$5.8B	$5.5B	$4.9B	$3.5B	$3.5B	+10.9%

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SBM Offshore — Balance Sheet