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Gains on Derivative Instruments and Other Financial Items, Net

6 Months Ended

Jun. 30, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Gains on derivative instruments and other financial items, net

GAINS ON DERIVATIVE INSTRUMENTS AND OTHER FINANCIAL ITEMS, NET

Gains on derivative instruments, net is comprised of the following:

(in thousands of $)			Six months ended June 30,
			2023			2022
Net interest income/(expense) on undesignated interest rate swap (“IRS”) derivatives			3,750			(1,705)
Unrealized MTM adjustment for IRS derivatives			(1,453)			49,582
Gains on derivative instruments, net			2,297			47,877

Other financial items, net is comprised of the following:

(in thousands of $)			Six months ended June 30,
			2023			2022
Foreign exchange (loss)/gain on operations			(1,427)			1,168
Financing arrangement fees and other related costs			(799)			(5,964)
Amortization of debt guarantees			1,034			1,341
Others			(183)			(129)
Other financials items, net			(1,375)			(3,584)

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- References

No definition available.

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- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480237/815-40-50-5

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-5C

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 815
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//815/tableOfContent

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