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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities      
Net income/(loss) $ 560,615 $ (167,930) $ (122,375)
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:      
Depreciation and amortization 105,952 107,923 113,033
Gain on disposal of long lived asset 0 (5,682) 0
Deconsolidation of lessor VIE 0 (4,809) 0
Impairment of non-current assets 0 0 7,347
Impairment of long-lived assets 0 0 34,751
Amortization of deferred charges and debt guarantees, net 3,049 3,890 6,527
Net (income)/losses from equity method investments (1,080) 538 2,515
Net income/(loss) from discontinued operations (568,049) 175,989 43,284
Dividend received from discontinued operations 0 0 7,609
Drydocking expenditure (1,591) (10,622) (24,881)
Compensation cost related to employee stock awards 3,520 5,421 8,882
Net foreign exchange losses 466 3,221 1,241
Change in fair value of investment in listed equity securities 295,776 0 0
Change in assets and liabilities:      
Trade accounts receivable (1,247) (4,178) 39,448
Inventories 998 (305) 5,778
Other current and non-current assets 979 (15,822) (5,868)
Amounts due to/from related companies (9,419) 11,632 2,354
Trade accounts payable 857 3,832 (678)
Accrued expenses 6,192 3,769 (39,683)
Other current and non-current liabilities [1] 63,770 (52,392) (56,224)
Net cash provided by continuing operating activities 253,881 145,783 106,545
Investing activities      
Additions to equity method investments   (10,230) (1,264)
Dividends received from listed equity securities   0 0
Short-term loan advanced to related parties   0 0
Proceeds from repayment of short-term loan advanced to related parties   0 0
Proceeds from disposals to Golar Partners, net of cash disposed   0 0
Financing activities      
Proceeds from short-term and long-term debt 580,268 729,707 524,278
Repayments of short-term and long-term debt (557,255) (934,534) (552,195)
Net proceeds from the issuance of equity 0 99,831 0
Cash dividends paid (33,136) (26,072) (65,004)
Financing costs paid (17,000) (14,577) (24,464)
Purchase of treasury shares (24,484) (16,650) (18,615)
Net cash used in financing activities (51,607) (162,295) (136,000)
Net increase/(decrease) in cash, cash equivalents and restricted cash 127,920 (119,540) (293,849)
Cash, cash equivalents and restricted cash at beginning of period 290,872 410,412 704,261
Cash, cash equivalents and restricted cash at end of period 418,792 290,872 410,412
Supplemental disclosure of cash flow information:      
Interest paid, net of capitalized interest 35,887 56,267 148,072
Income taxes paid 694 1,181 663
Continuing operations      
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:      
Depreciation and amortization 105,952 107,923 113,033
Investing activities      
Additions to vessels and equipment (925) (3,880) (24,389)
Additions to asset under development (213,481) (298,304) (376,276)
Additions to equity method investments (8,625) (10,230) (1,264)
Dividends received from listed equity securities 5,029 0 0
Proceeds from subscription of equity interest in Gimi MS Corporation 25,403 11,081 115,246
Proceeds from disposal of long-lived assets 0 190,131 3,160
Short-term loan advanced to related parties (1,750) 0 0
Net cash used in continuing investing activities (194,349) (111,202) (283,523)
Discontinued operations      
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:      
Net income/(loss) from discontinued operations (568,049) 175,989 43,284
Investing activities      
Additions to equity method investments 0 (2,410) (19,730)
Dividends received from listed equity securities 460 10,584 29,207
Short-term loan advanced to related parties 0 (45,000) 0
Net proceeds from disposals of equity method investments 119,535 0 0
Proceeds from repayment of short-term loan advanced to related parties 0 45,000 0
Proceeds from disposals to Golar Partners, net of cash disposed 0 0 9,652
Net cash provided by discontinued investing activities 119,995 8,174 19,129
Other contract      
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:      
Change in fair value of derivative instruments (27,016) 46,208 44,395
Oil derivative instrument      
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:      
Change in fair value of derivative instruments $ (179,891) $ 45,100 $ 39,090
[1] Includes accretion of discount on convertible bonds of $15.9 million, $15.6 million and $14.5 million for the years ended December 31, 2021, 2020 and 2019, respectively.