FRONTLINE PLC financials
FRONTLINE PLC
5493004BCIKYU1YL3H63 | Line item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income statement | |||
| Revenue | $2.05B | $1.80B | $1.43B |
| Other income | $112.1M | $24.1M | $8.0M |
| Administrative expenses | $36.1M | $53.5M | $47.4M |
| Operating expenses | $1.38B | $1.08B | $992.6M |
| Operating profit (EBIT) | $781.7M | $746.7M | $445.6M |
| Net finance income / (cost) | -$278.5M | -$90.0M | $30.3M |
| Finance costs | $295.1M | $171.3M | $45.3M |
| Profit before tax | $503.3M | $656.6M | $475.9M |
| Income tax expense | $7.7M | $205.0K | $412.0K |
| Profit for the year | $495.6M | $656.4M | $475.5M |
| Total comprehensive income | $496.9M | $656.4M | $475.8M |
| Per share | |||
| Basic EPS | $2.23 | $2.95 | $2.22 |
| Diluted EPS | $2.23 | $2.95 | $2.22 |
| Free cash flow / share | $-0.80 | $-3.48 | $0.23 |
| Cash flow statement | |||
| Net cash from operating activities | $736.4M | $856.2M | $385.3M |
| Income taxes paid | -$4.5M | -$122.0K | -$199.0K |
| Net cash from investing activities | -$483.4M | -$1.24B | -$257.3M |
| Purchase of PP&E (capex) | $915.2M | $1.63B | $335.8M |
| Net cash from financing activities | -$147.8M | $433.1M | $13.4M |
| Dividends paid | $434.1M | $638.9M | $33.4M |
| Proceeds from borrowings | $2.17B | $1.61B | $651.2M |
| Repayments of borrowings | $1.88B | $536.6M | $597.8M |
| Lease liability payments | $930.0K | $862.0K | $2.1M |
| Balance sheet | |||
| Total assets | $6.22B | $5.88B | — |
| Right-of-use assets | $1.4M | $2.2M | — |
| Intangible assets & goodwill | $112.5M | $112.5M | — |
| Current assets | $826.0M | $727.9M | — |
| Inventories | $137.0M | $135.2M | — |
| Trade & other receivables | $128.9M | $124.6M | — |
| Cash & equivalents | $413.5M | $308.3M | $254.5M |
| Total equity | $2.34B | $2.28B | $2.26B |
| — attributable to owners | $2.34B | $2.28B | — |
| Non-controlling interests | -$472.0K | -$472.0K | — |
| Long-term borrowings | $3.28B | $3.19B | — |
| Lease liabilities (non-current) | $451.0K | $1.4M | — |
| Current liabilities | $595.7M | $409.1M | — |
| Lease liabilities (current) | $1.2M | $1.1M | — |
| Trade & other payables | $98.8M | $98.2M | — |
| Derived metrics | |||
| Free cash flow | -$178.8M | -$775.2M | $49.5M |
| Operating margin | 38.1% | 41.4% | 31.2% |
| Net margin | 24.2% | 36.4% | 33.2% |
| Return on equity | 21.2% | 28.8% | 21.0% |
| Cash conversion ratio | 1.49× | 1.30× | 0.81× |
| Capex coverage | 0.80× | 0.52× | 1.15× |
| Other reported items | |||
| Accumulated Other Comprehensive Income | $1.8M | $415.0K | — |
| Additional Paidin Capital | $604.7M | $604.7M | — |
| Adjustments For Decrease Increase In Contract Assets | $9.8M | $576.0K | -$72.1M |
| Adjustments For Decrease Increase In Inventories | -$2.3M | -$28.2M | -$26.4M |
| Adjustments For Decrease Increase In Other Current Assets | -$10.1M | -$2.0M | -$1.4M |
| Adjustments For Depreciation Expense | $339.0M | $230.9M | $165.2M |
| Adjustments For Finance Income Cost | -$278.0M | -$153.3M | -$43.9M |
| Adjustments For Sharebased Payments | -$2.2M | $10.7M | $4.7M |
| Adjustments For Undistributed Profits of Associates | -$599.0K | $3.4M | $14.2M |
| Cash Receipts From Repayment of Advances and Loans Made To Related Parties | $0 | $1.4M | $0 |
| Current Borrowings and Current Portion of Noncurrent Borrowings | $460.3M | $262.0M | — |
| Current Contract Assets | $100.2M | $110.1M | — |
| Current Derivative Financial Assets | $2.0M | $0 | — |
| Current Investments | $4.0M | $7.4M | — |
| Current Prepayments and Current Accrued Income Other Than Current Contract Assets | $14.5M | $15.8M | — |
| Depreciation Expense | $339.0M | $230.9M | $165.2M |
| Equity and Liabilities | $6.22B | $5.88B | — |
| Finance Income | $17.1M | $18.1M | $1.5M |
| Gains Losses On Disposals of Investments | -$3.4M | $23.0M | $58.4M |
| Increase Decrease In Cash and Cash Equivalents | $105.2M | $53.8M | $141.5M |
| Interest Paid Classified As Operating Activities | $274.7M | $165.2M | $83.0M |
| Interest Received Classified As Operating Activities | $40.7M | $39.4M | $5.1M |
| Investments In Associates Accounted For Using Equity Method | $11.8M | $12.4M | — |
| Issued Capital | $222.6M | $222.6M | — |
| Liabilities | $3.88B | $3.61B | — |
| Noncurrent Derivative Financial Assets | $22.4M | $39.1M | — |
| Noncurrent Prepayments | $0 | $349.2M | — |
| Number of Shares Outstanding | 222.6M | 222.6M | 222.6M |
| Other Adjustments To Reconcile Profit Loss | $1.5M | $182.0K | $674.0K |
| Other Comprehensive Income | $1.4M | -$39.0K | $226.0K |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | $1.4M | -$39.0K | $226.0K |
| Other Current Assets | $17.3M | $7.3M | — |
| Other Noncurrent Assets | $0 | $6.3M | — |
| Other Noncurrent Payables | $452.0K | $472.0K | — |
| Purchase of Interests In Associates | $0 | $0 | $1.5M |
| Rental Income | $0 | $0 | $623.0K |
| Retained Earnings | $507.5M | $446.0M | — |
| Revenue and Operating Income | $2.16B | $1.83B | $1.44B |
| Revenue From Dividends | $3.5M | $36.9M | $1.6M |
| Share of Profit Loss of Associates Accounted For Using Equity Method | -$599.0K | $3.4M | $14.2M |
| Share Premium | $1.00B | $1.00B | — |
| Trade and Other Current Payables To Related Parties | $35.4M | $47.7M | — |
| Trade and Other Current Receivables Due From Related Parties | $8.5M | $19.3M | — |
Every line item above is a fact tagged in FRONTLINE PLC'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.