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UNAUDITED CONSOLIDATED STATEMENTS OF CASHFLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
OPERATING ACTIVITIES    
Net income $ 65,756 $ 28,221
Net income from continuing operations 65,756 27,928
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 39,884 37,500
Impairment of long-lived assets 0 5,021
Net loss from equity method investments 3,287 1,279
Change in fair value of investment in listed equity securities 0 62,308
FINANCING ACTIVITIES    
Cash and cash equivalents, restricted cash and short-term deposits within assets held for sale at the beginning of period 0 369
Cash and cash equivalents, restricted cash and short-term deposits within assets held for sale at the end of period 0 0
Net increase in cash and cash equivalents, restricted cash and short-term deposits within assets held for sale 0 369
Net increase/(decrease) in cash and cash equivalents, restricted cash, short-term deposits and cash within assets held for sale 52,617 (153,286)
Cash and cash equivalents, restricted cash and short-term deposits at the beginning of the period 771,470 1,012,881
Cash and cash equivalents, restricted cash and short-term deposits at the end of the period 824,087 859,595
Supplemental Cash Flow Information [Abstract]    
Cash and cash equivalents 732,062 727,133
Restricted cash and short-term deposits 17,463 58,712
Restricted cash (non-current portion) 74,562 73,750
Cash, cash equivalents, restricted cash and restricted cash equivalents 824,087 859,595
Continuing operations    
OPERATING ACTIVITIES    
Net income from continuing operations 65,756 27,928
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 39,884 37,500
Amortization of deferred charges and debt guarantees, net 2,939 1,070
Impairment of long-lived assets 0 5,021
Net loss from equity method investments 3,287 1,279
Drydocking expenditure (2,906) (743)
Compensation cost related to employee stock awards 5,380 5,058
Net foreign exchange (gains)/losses (285) 1,444
Change in fair value of investment in listed equity securities 0 62,308
Changes in assets and liabilities:    
Trade accounts receivable 7,955 7,581
Other current and non-current assets (30,092) (194,432)
Amounts due from related parties (450) 290
Trade accounts payable 3,077 5,039
Accrued expenses (9,846) 8,559
Other current and non-current liabilities (22,074) (7,803)
Net cash provided by continuing operations 154,808 105,162
INVESTING ACTIVITIES    
Additions to assets under development (168,801) (179,538)
Additions to vessels and equipment (62,183) (1,108)
Loan advanced to related parties (13,213) (3,561)
Additions to intangibles (1,417) 0
Deposit paid for vessel 0 (15,500)
Proceeds from sale of listed equity securities 0 45,552
Consideration received for long-lived assets held for sale 0 2,325
Dividends received from listed equity securities 0 9,824
Additions to equity method investments 0 (417)
Proceeds from sale of equity method investments 822 56,097
Proceeds from subscription of equity interest 40,491 51,106
Net cash used in continuing investing activities (204,301) (35,220)
FINANCING ACTIVITIES    
Cash dividends paid (85,929) (73,127)
Repayments of short-term and long-term debt (93,758) (102,813)
Purchase of treasury shares (14,180) (32,734)
Financing costs paid (7,819) (10,152)
Reacquisition of common units in Hilli LLC 0 (100,047)
Proceeds from short-term and long-term debt 300,000 95,000
Proceeds from exercise of share options 3,796 0
Net cash provided by/(used in) continuing financing activities 102,110 (223,873)
Discontinued operations    
OPERATING ACTIVITIES    
Add: Net income from discontinued operations 0 (293)
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 0 20
Compensation cost related to employee stock awards 0 3
Net foreign exchange (gains)/losses 0 17
Changes in assets and liabilities:    
Other current and non-current assets 0 300
Trade accounts payable 0 (2)
Accrued expenses 0 (165)
Other current and non-current liabilities 0 (163)
Net income from discontinued operations 0 293
Gain on disposal and impairment of long-lived assets 0 (27)
Net cash provided by discontinued operations 0 276
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 14,005 (3,306)
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 $ 78,178 $ 148,369