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UNAUDITED CONSOLIDATED STATEMENTS OF CASHFLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
OPERATING ACTIVITIES    
Net income $ 28,221 $ 871,987
Net income from continuing operations 27,928 951,098
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 37,500 39,280
Impairment of long-lived assets 5,021 76,155
Net loss/(income) from equity method investments 1,279 (12,996)
Change in fair value of investment in listed equity securities 62,308 (346,497)
FINANCING ACTIVITIES    
Cash and cash equivalents, restricted cash and short-term deposits within assets held for sale at the beginning of period 369 80,869
Cash and cash equivalents, restricted cash and short-term deposits within assets held for sale at the end of period 0 149
Net increase in cash and cash equivalents, restricted cash and short-term deposits within assets held for sale 369 80,720
Net (decrease)/increase in cash and cash equivalents, restricted cash, short-term deposits and cash within assets held for sale (153,286) 291,083
Cash and cash equivalents, restricted cash and short-term deposits at the beginning of the period 1,012,881 337,922
Cash and cash equivalents, restricted cash and short-term deposits at the end of the period 859,595 629,005
Supplemental Cash Flow Information [Abstract]    
Cash and cash equivalents 727,133 498,056
Restricted cash and short-term deposits 58,712 19,025
Restricted cash 73,750 111,924
Cash, cash equivalents, restricted cash and restricted cash equivalents 859,595 629,005
Continuing operations    
OPERATING ACTIVITIES    
Net income from continuing operations 27,928 951,098
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 37,500 39,280
Amortization of deferred charges and debt guarantees, net 1,070 1,642
Impairment of long-lived assets 5,021 76,155
Net loss/(income) from equity method investments 1,279 (12,996)
Drydocking expenditure (743) 0
Compensation cost related to employee stock awards 5,058 2,455
Net foreign exchange losses/(gains) 1,444 (1,536)
Change in fair value of investment in listed equity securities 62,308 (346,497)
Changes in assets and liabilities:    
Trade accounts receivable 7,581 (20,951)
Other current and non-current assets (194,432) (36,839)
Amounts due from related parties 290 (3,568)
Trade accounts payable 5,039 3,329
Accrued expenses 8,559 (193)
Other current and non-current liabilities (7,803) (53,444)
Net cash provided by continuing operations 105,162 141,606
INVESTING ACTIVITIES    
Additions to assets under development (179,538) (220,354)
Deposit paid for vessel (15,500) 0
Loan advanced to related parties (3,561) 0
Additions to vessels and equipment (1,108) 0
Additions to equity method investments (417) (2,447)
Consideration received for long-lived assets held for sale 2,325 0
Dividends received from listed equity securities 9,824 4,908
Proceeds from sale of listed equity securities 45,552 252,960
Proceeds from subscription of equity interest in Gimi MS 51,106 26,903
Proceeds from sale of equity method investments 56,097 0
Net cash (used in)/provided by continuing investing activities (35,220) 61,970
FINANCING ACTIVITIES    
Net debt repayments (102,813) (534,294)
Reacquisition of common units in Hilli LLC (100,047) 0
Cash dividends paid (73,127) (39,293)
Purchase of treasury shares (32,734) (20,358)
Financing costs paid (10,152) (8,960)
Net debt receipts 95,000 258,287
Proceeds from exercise of share options 0 161
Net cash used in continuing financing activities (223,873) (344,457)
Discontinued operations    
OPERATING ACTIVITIES    
Add: Net (income)/loss from discontinued operations (293) 79,111
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 20 8,747
Amortization of deferred charges and debt guarantees, net 0 3,932
Compensation cost related to employee stock awards 3 239
Net foreign exchange losses/(gains) 17 574
Changes in assets and liabilities:    
Trade accounts receivable 0 437
Other current and non-current assets 300 (5,481)
Amounts due from related parties 0 (804)
Trade accounts payable (2) (7,289)
Accrued expenses (165) (4,958)
Other current and non-current liabilities (163) (22,176)
Net income/(loss) from discontinued operations 293 (79,111)
Deconsolidation of lessor VIEs 0 (59,085)
(Gain)/loss on disposal and impairment of long-lived assets (27) 105,201
Net cash provided by/(used in) discontinued operations 276 (59,774)
INVESTING ACTIVITIES    
Net proceeds from disposals of long-lived assets 0 569,298
Net cash provided by discontinued investing activities 0 569,298
FINANCING ACTIVITIES    
Net debt repayments 0 (158,000)
Financing costs paid 0 (280)
Net cash used in discontinued financing activities 0 (158,280)
Interest rate swap | Continuing operations    
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Change in fair value of derivative instruments (interest rate swaps) (3,306) (74,915)
Oil and gas derivative | Continuing operations    
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Change in fair value of derivative instruments (interest rate swaps) $ 148,369 $ (381,414)