BW OFFSHORE LIMITED financials
BW OFFSHORE LIMITED
Country: NO Reporting currency: USD Latest annual report: 2024-12-31
LEI:
2138008LFKH8V2EOA915 Financial statements
(USD, as reported — unscaled; 105 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | $606.7M | $659.2M |
| Administrative expenses | $28.3M | $28.6M |
| Operating expenses | $185.6M | $263.5M |
| Depreciation & amortisation | $177.9M | $187.2M |
| Operating profit (EBIT) | $141.2M | $137.9M |
| Net finance income / (cost) | -$700.0K | -$42.8M |
| Income tax expense | $7.4M | $15.7M |
| Profit for the year | $119.8M | $97.6M |
| — attributable to owners | $120.6M | $100.4M |
| — attributable to NCI | -$800.0K | -$2.8M |
| Total comprehensive income | $129.0M | $101.8M |
| Per share | ||
| Basic EPS | $0.67 | $0.56 |
| Diluted EPS | $0.63 | $0.52 |
| Cash flow statement | ||
| Cash generated from operations | $381.1M | $573.5M |
| Net cash from operating activities | $362.9M | $558.7M |
| Income taxes paid | $18.2M | $14.8M |
| Net cash from investing activities | -$172.0M | -$646.9M |
| Net cash from financing activities | -$246.1M | $218.9M |
| Dividends paid | $49.8M | $25.3M |
| Proceeds from borrowings | $163.0M | $911.9M |
| Repayments of borrowings | $118.6M | $589.7M |
| Lease liability payments | $6.4M | $6.3M |
| Balance sheet | ||
| Total assets | $4.05B | $3.95B |
| Non-current assets | $3.57B | $3.43B |
| Right-of-use assets | $21.4M | $13.8M |
| Intangible assets & goodwill | $80.4M | $87.8M |
| Current assets | $479.2M | $518.8M |
| Inventories | $3.7M | $3.7M |
| Trade & other receivables | $169.7M | $152.4M |
| Cash & equivalents | $305.8M | $361.0M |
| Total equity | $1.25B | $1.20B |
| — attributable to owners | $1.09B | $1.01B |
| Non-controlling interests | $156.8M | $189.7M |
| Non-current liabilities | $2.59B | $2.26B |
| Long-term borrowings | $173.9M | $290.7M |
| Lease liabilities (non-current) | $15.1M | $9.4M |
| Current liabilities | $213.1M | $495.1M |
| Short-term borrowings | $57.5M | $242.5M |
| Lease liabilities (current) | $4.2M | $2.6M |
| Trade & other payables | $137.6M | $229.5M |
| Deferred tax liabilities | $10.5M | $15.6M |
| Derived metrics | ||
| Operating margin | 23.3% | 20.9% |
| Net margin | 19.7% | 14.8% |
| Return on equity | 9.6% | 8.2% |
| Cash conversion ratio | 3.03× | 5.72× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | $0 | $3.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | $21.1M | $79.9M |
| Adjustments For Depreciation and Amortisation Expense | $177.9M | $187.2M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | $0 | $24.7M |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | $100.0K | $10.9M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | -$1.1M | $5.1M |
| Adjustments For Increase Decrease In Deferred Income Including Contract Liabilities | $64.9M | $265.1M |
| Adjustments For Increase Decrease In Trade and Other Payables | -$43.7M | -$46.1M |
| Adjustments For Sharebased Payments | $1.5M | $1.4M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -$13.3M | $18.2M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -$10.5M | $8.1M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $0 | $4.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | -$4.2M | -$2.4M |
| Comprehensive Income Attributable To Owners of Parent | $133.2M | $104.2M |
| Current Derivative Financial Assets | $0 | $1.7M |
| Current Derivative Financial Liabilities | $0 | $2.1M |
| Current Tax Liabilities Current | $13.8M | $18.4M |
| Deferred Tax Assets | $64.1M | $61.6M |
| Dividends Recognised As Distributions To Noncontrolling Interests | $5.8M | $6.8M |
| Dividends Recognised As Distributions To Owners of Parent | $49.8M | $43.3M |
| Equity and Liabilities | $4.05B | $3.95B |
| Expense By Nature | $288.7M | $353.7M |
| Gains Losses On Disposals of Property Plant and Equipment | $0 | $24.7M |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | $9.3M | -$14.7M |
| Gains Losses Recognised In Profit Or Loss Fair Value Measurement Assets | $100.0K | $10.9M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | -$1.1M | $5.1M |
| Increase Decrease In Cash and Cash Equivalents | -$55.2M | $130.7M |
| Increase Decrease Through Sharebased Payment Transactions | $1.5M | $1.4M |
| Increase Decrease Through Transfers and Other Changes Equity | -$700.0K | -$1.0M |
| Interest Expense | $38.5M | $49.5M |
| Interest Paid Classified As Financing Activities | $13.6M | $19.7M |
| Interest Received Classified As Investing Activities | $19.2M | $10.0M |
| Investment Accounted For Using Equity Method | $226.4M | $384.8M |
| Issued Capital | $92.5M | $92.5M |
| Noncurrent Derivative Financial Assets | $25.2M | $37.7M |
| Noncurrent Derivative Financial Liabilities | $7.3M | $1.5M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | $1.8M | $4.5M |
| Other Comprehensive Income | $9.2M | $4.2M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | -$500.0K | $4.9M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -$5.1M | $3.7M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | $0 | -$400.0K |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -$100.0K | -$100.0K |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | $9.3M | $4.7M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -$100.0K | -$500.0K |
| Other Expense By Nature | $74.8M | $61.6M |
| Other Finance Income Cost | $10.7M | $1.3M |
| Other Noncurrent Assets | $8.0M | $12.3M |
| Other Noncurrent Liabilities | $1.03B | $918.9M |
| Other Property Plant and Equipment | $2.1M | $2.8M |
| Other Reserves | -$98.2M | -$182.4M |
| Proceeds From Contributions of Noncontrolling Interests | $0 | $18.9M |
| Proceeds From Sales of Investments Other Than Investments Accounted For Using Equity Method | $176.4M | $500.0K |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | $29.9M | $200.6M |
| Purchase of Interests In Associates | $17.6M | $49.5M |
| Repayments of Bonds Notes and Debentures | $191.9M | $41.2M |
| Revenue From Interest | $17.7M | $9.2M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | $14.9M | -$3.9M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -$13.3M | $18.2M |
| Share Premium | $1.10B | $1.10B |
| Ships | $3.14B | $2.83B |
Methodology
Every line item above is a fact tagged in BW OFFSHORE 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.