XML 183 R20.htm IDEA: XBRL DOCUMENT
v3.22.1

GAINS/(LOSSES) ON DERIVATIVE INSTRUMENTS AND OTHER FINANCIAL ITEMS, NET | 12 Months Ended
--- | ---
Dec. 31, 2021
OTHER FINANCIAL ITEMS, NET [Abstract] |
GAINS/(LOSSES) ON DERIVATIVE INSTRUMENTS AND OTHER FINANCIAL ITEMS, NET |
8. | REALIZED AND UNREALIZED GAIN/(LOSS) ON OIL AND GAS DERIVATIVE INSTRUMENTS
The realized and unrealized gain/(loss) on the oil and gas derivative instruments comprise of the following:
(in thousands of $) | Year Ended December 31,
| 2021 | 2020 | 2019
Realized gain on Hilli oil derivative instrument | 24,772 |  | 2,539 |  | 13,089 |
Unrealized gain/(loss) on Hilli oil derivative instrument (note 20) | 126,940 |  | (45,100) |  | (39,090) |
Unrealized gain on Hilli gas derivative instrument (note 16) | 51,286 |  | — |  | — |
Unrealized mark-to-market adjustment for commodity swap derivatives (note 27) | 1,665 |  | — |  | — |
| 204,663 |  | (42,561) |  | (26,001) |
The unrealized gain/(loss) on oil and gas derivative instruments results from movements in forecast oil, natural gas and Euro/USD exchange rates, whereas the realized gain on oil derivative instrument results from monthly billings above the Hilli base tolling fee under the LTA.
9. | OTHER NON-OPERATING INCOME/(LOSSES)
Other non-operating income/(losses), net comprise of the following:
(in thousands of $) | 2021 |  | 2020 |  |
Unrealized mark-to-market loss on our investment in listed equity securities (note 14 and 27) | 295,777 |  |  | — |  |  |
UK tax lease settlement contingent liability (note 29) | 71,739 |  |  | — |  |  |
Dividend income from our investment in listed equity securities | (5,588) |  |  | — |  |  |
Gain on disposal of the LNG Croatia (note 18) | — |  |  | 5,682 |  |  |
| 361,928 |  |  | 5,682 |  |  |
10. | GAINS/(LOSSES) ON DERIVATIVE INSTRUMENTS AND OTHER FINANCIAL ITEMS, NET
Gains/(losses) on derivative instruments includes:
(in thousands of $) | 2021 |  | 2020 |  | 2019
Mark-to-market adjustment for interest rate swap derivatives (note 27) | 27,016 |  |  | (38,601) |  |  | (16,485) |
Mark-to-market adjustment for foreign exchange swap derivatives (note 27) | 240 |  |  | (2,556) |  |  | 2,568 |
Interest (expense)/income on undesignated interest rate swaps (note 27) | (2,908) |  |  | (6,215) |  |  | 6,351 |
Mark-to-market adjustment for equity derivatives (note 27) | — |  |  | (5,051) |  |  | (30,478) |
| 24,348 |  |  | (52,423) |  |  | (38,044) |
Other financial items, net includes:
(in thousands of $) | 2021 |  | 2020 |  | 2019
Amortization of debt guarantee (note 28) | 2,569 |  |  | 4,111 |  |  | 1,242 |
Financing arrangement fees and other costs | (2,341) |  |  | (2,138) |  |  | (5,735) |
Foreign exchange loss on operations | (465) |  |  | (3,221) |  |  | (902) |
Other | (522) |  |  | (304) |  |  | (127) |
| (759) |  |  | (1,552) |  |  | (5,522) |

X
- Definition OTHER FINANCIAL ITEMS, NET [Abstract] + References No definition available. + Details
Name: | glng_OtherFinancialItemsNetAbstract
Namespace Prefix: | glng_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the components of non-operating income or non-operating expense, including, but not limited to, amounts earned from dividends, interest on securities, gain (loss) on securities sold, equity earnings of unconsolidated affiliates, gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
Name: | us-gaap_OtherNonoperatingIncomeAndExpenseTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration