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Gains on Derivative Instruments and Other Financial Items, Net (Tables)
6 Months Ended
Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative instruments
Gains on derivative instruments, net are comprised of the following:
(in thousands of $)Six months ended June 30,
20242023
Net interest income on undesignated interest rate swap (“IRS”) derivatives
4,555 3,750 
Unrealized MTM adjustment for IRS derivatives1,754 (1,453)
Gains on derivative instruments, net6,309 2,297 
Components of other financial items
Other financial items, net is comprised of the following:
(in thousands of $)Six months ended June 30,
20242023
Amortization of debt guarantees (1)
827 1,034 
Foreign exchange gain/(loss) on operations
460 (1,427)
Financing arrangement fees and other related costs (2)
(3,768)(799)
Others(213)(183)
Other financials items, net(2,694)(1,375)
(1) “Amortization of debt guarantees” relates to guarantee fees earned for the provision of (i) charter guarantees to Energos and (ii) debt guarantees for certain of CoolCo's outstanding sale and leaseback debts amounting to $159.6 million.
(2) Included within “Financing arrangement fees and other related costs” for the six months ended June 30, 2024 is $3.7 million financial charges incurred by the FLNG Hilli's lessor VIE.