BW LPG LIMITED financials
Also U.S.-listed. BW LPG LIMITED is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: BWLP — BW LPG Ltd
BW LPG LIMITED
Country: NO Reporting currency: USD Latest annual report: 2024-12-31
LEI:
5493006WBEME88YFDW23 Financial statements
(USD, as reported — unscaled; 127 line items across 3 annual periods)
| Line item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income statement | |||
| Depreciation & amortisation | $843.0K | $762.0K | $610.0K |
| Operating profit (EBIT) | $433.7M | $523.7M | $270.8M |
| Net finance income / (cost) | -$8.7M | -$19.8M | -$31.2M |
| Profit before tax | $425.0M | $504.0M | $239.6M |
| Income tax expense | $30.1M | $11.0M | $1.1M |
| Profit for the year | $394.9M | $493.0M | $238.6M |
| — attributable to owners | $354.3M | $470.0M | $227.4M |
| — attributable to NCI | $40.6M | $23.0M | $11.2M |
| Total comprehensive income | $428.2M | $443.0M | $272.1M |
| Per share | |||
| Basic EPS | $2.65 | $3.57 | $1.69 |
| Diluted EPS | $2.64 | $3.53 | $1.68 |
| Free cash flow / share | $0.98 | $2.84 | $3.23 |
| Cash flow statement | |||
| Net cash from operating activities | $749.1M | $513.4M | $505.3M |
| Net cash from investing activities | -$541.2M | $68.6M | $112.5M |
| Purchase of PP&E (capex) | $602.0M | $116.0M | $46.2M |
| Purchase of intangibles | $237.0K | $634.0K | $103.0K |
| Net cash from financing activities | -$138.1M | -$645.3M | -$522.1M |
| Dividends paid | $410.1M | $433.1M | $126.7M |
| Proceeds from borrowings | $610.9M | $72.1M | $67.2M |
| Repayments of borrowings | $197.4M | $171.7M | $389.1M |
| Lease liability payments | $102.8M | $93.5M | $54.2M |
| Balance sheet | |||
| Total assets | $3.32B | $2.52B | — |
| Non-current assets | $2.64B | $1.64B | — |
| Right-of-use assets | $216.3M | $151.8M | — |
| Current assets | $677.9M | $878.7M | — |
| Inventories | $76.7M | $188.6M | — |
| Trade & other receivables | $202.9M | $315.2M | — |
| Cash & equivalents | $279.7M | $287.5M | — |
| Total equity | $1.94B | $1.59B | $1.60B |
| — attributable to owners | $1.81B | $1.47B | — |
| Non-controlling interests | $132.5M | $116.4M | — |
| Non-current liabilities | $772.8M | $279.0M | — |
| Long-term borrowings | $711.7M | $199.9M | — |
| Lease liabilities (non-current) | $60.6M | $78.4M | — |
| Current liabilities | $610.1M | $655.3M | — |
| Lease liabilities (current) | $170.7M | $79.5M | — |
| Trade & other payables | $169.1M | $265.1M | — |
| Derived metrics | |||
| Free cash flow | $147.1M | $397.3M | $459.1M |
| Return on equity | 20.4% | 31.1% | 14.9% |
| Cash conversion ratio | 1.90× | 1.04× | 2.12× |
| Capex coverage | 1.24× | 4.42× | 10.94× |
| Other reported items | |||
| Adjustments For Amortisation Expense | $843.0K | $762.0K | $610.0K |
| Adjustments For Decrease Increase In Inventories | $111.9M | -$52.7M | -$51.2M |
| Adjustments For Decrease Increase In Trade and Other Receivables | $112.7M | -$112.6M | $112.0M |
| Adjustments For Depreciation Expense | $201.3M | $217.1M | $158.8M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | $20.4M | $42.4M | $21.1M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment | $0 | $0 | -$1.5M |
| Adjustments For Increase Decrease In Trade and Other Payables | -$91.1M | $52.7M | $35.0M |
| Adjustments For Interest Expense | $19.8M | $27.3M | $29.8M |
| Adjustments For Interest Income | $15.6M | $10.1M | $1.9M |
| Adjustments For Sharebased Payments | $2.0M | $1.7M | $1.4M |
| Cancellation of Treasury Shares | — | $0 | — |
| Cash and Cash Equivalents If Different From Statement of Financial Position | $231.9M | $162.0M | $225.4M |
| Cash Flows From Used In Operations Before Changes In Working Capital | $615.0M | $700.8M | $407.2M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $0 | $0 | $48.6M |
| Comprehensive Income Attributable To Noncontrolling Interests | $40.4M | $24.2M | $11.4M |
| Comprehensive Income Attributable To Owners of Parent | $387.8M | $418.8M | $260.7M |
| Current Borrowings and Current Portion of Noncurrent Borrowings | $230.3M | $212.4M | — |
| Current Derivative Financial Assets | $74.6M | $37.1M | — |
| Current Derivative Financial Liabilities | $25.5M | $90.2M | — |
| Current Finance Lease Receivables | $8.3M | $2.7M | — |
| Current Financial Assets At Fair Value Through Profit Or Loss | $2.8M | $3.3M | — |
| Current Tax Liabilities Current | $14.5M | $8.1M | — |
| Deferred Tax Assets | $1.6M | $6.9M | — |
| Depreciation Expense | $201.3M | $217.1M | $158.8M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | $388.5M | $405.5M | $126.7M |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | $21.7M | $27.6M | $0 |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | $63.6M | — | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | $0.42 | — | — |
| Dividends Recognised As Distributions To Owners Per Share | $2.42 | — | — |
| Equity and Liabilities | $3.32B | $2.52B | — |
| Finance Income On Net Investment In Finance Lease | $635.0K | $278.0K | $585.0K |
| Gains Losses On Cash Flow Hedges Net of Tax | $62.8M | -$102.3M | $34.7M |
| Gains Losses On Disposals of Property Plant and Equipment | $20.4M | $42.4M | $21.1M |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | -$1.7M | -$345.0K | -$814.0K |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss | $1.3M | $0 | $0 |
| General and Administrative Expense | $71.1M | $56.8M | $31.9M |
| Income Taxes Paid Refund Classified As Operating Activities | $19.6M | $5.4M | $730.0K |
| Increase Decrease In Cash and Cash Equivalents | $69.9M | -$63.4M | $95.7M |
| Increase Decrease In Working Capital | -$153.8M | $182.1M | -$98.9M |
| Increase Decrease Through Acquisition of Subsidiary | — | — | $10.3M |
| Increase Decrease Through Change In Equity of Subsidiaries | -$4.5M | — | — |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | $1.6M | — | $80.0M |
| Increase Decrease Through Exercise of Options | $575.0K | $1.7M | $1.3M |
| Increase Decrease Through Sharebased Payment Transactions | $2.0M | $1.7M | $1.4M |
| Increase Decrease Through Transactions With Owners | -$76.9M | -$453.4M | -$61.4M |
| Intangible Assets Other Than Goodwill | $636.0K | $1.2M | — |
| Interest Expense | $19.8M | $27.3M | $29.8M |
| Interest Paid Classified As Financing Activities | $17.8M | $24.9M | $24.9M |
| Interest Received Classified As Investing Activities | $16.3M | $10.1M | $585.0K |
| Investments In Joint Ventures Accounted For Using Equity Method | $301.0K | $301.0K | — |
| Issue of Equity | $332.6M | — | — |
| Issued Capital | $619.9M | $1.4M | — |
| Liabilities | $1.38B | $934.3M | — |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $33.0M | $44.3M | — |
| Noncurrent Derivative Financial Assets | $7.5M | $11.0M | — |
| Noncurrent Derivative Financial Liabilities | $569.0K | $679.0K | — |
| Noncurrent Finance Lease Receivables | $2.9M | $0 | — |
| Noncurrent Investments In Equity Instruments Designated At Fair Value Through Other Comprehensive Income | $23.1M | $0 | — |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | $30.2M | $0 | $21.0K |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | $0 | $301.0K | $0 |
| Other Cash Receipts From Sales of Equity Or Debt Instruments of Other Entities Classified As Investing Activities | $2.3M | $0 | $0 |
| Other Comprehensive Income | $33.3M | -$50.0M | $33.5M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -$1.0M | $2.3M | $2.1M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -$7.0M | $0 | $0 |
| Other Finance Cost | $2.8M | $2.2M | $2.5M |
| Other Noncurrent Assets | $43.4M | $31.4M | — |
| Other Noncurrent Receivables | $8.0M | $13.2M | — |
| Other Operating Income Expense | $1.3M | -$993.0K | $815.0K |
| Other Property Plant and Equipment | $354.0K | $277.0K | — |
| Other Reserves | $667.8M | -$56.5M | — |
| Payments To Acquire Or Redeem Entitys Shares | $100.0K | $23.7M | $26.3M |
| Proceeds From Contributions of Noncontrolling Interests | $1.6M | $0 | $80.0M |
| Proceeds From Disposal of Noncurrent Assets Or Disposal Groups Classified As Held For Sale and Discontinued Operations | $64.7M | $167.6M | $95.4M |
| Proceeds From Sale Or Issue of Treasury Shares | $1.1M | $0 | $0 |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | $0 | $0 | $87.9M |
| Purchase of Treasury Shares | $100.0K | $23.7M | $27.7M |
| Reclassification Adjustments On Cash Flow Hedges Net of Tax | $21.5M | -$50.0M | $3.2M |
| Rental Expense | $1.0M | $30.7M | $16.4M |
| Retained Earnings | $565.8M | $609.5M | — |
| Revenue From Interest | $15.6M | $10.1M | $1.9M |
| Revenue From Rendering of Transport Services | $962.8M | $1.22B | $833.3M |
| Reversal of Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment | $0 | $0 | $1.5M |
| Sale Or Issue of Treasury Shares | $1.1M | — | — |
| Share Premium | $0 | $285.9M | — |
| Ships | $2.38B | $1.46B | — |
| Treasury Shares | $48.4M | $56.4M | — |
Methodology
Every line item above is a fact tagged in BW LPG LIMITED's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.