XML 328 R9.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Share Capital
Additional Paid-in Capital
Contributed Surplus
Accumulated Other Comprehensive Loss
[1]
Retained (Losses)/Earnings
Non-controlling Interests
Previously reported
Previously reported
Share Capital
Previously reported
Additional Paid-in Capital
Previously reported
Contributed Surplus
Previously reported
Accumulated Other Comprehensive Loss
[1]
Previously reported
Retained (Losses)/Earnings
Previously reported
Non-controlling Interests
Revision of prior period, adjustment
[2]
Revision of prior period, adjustment
Additional Paid-in Capital
[2]
Revision of prior period, adjustment
Retained (Losses)/Earnings
[2]
Balance at beginning of the period at Dec. 31, 2021 $ 2,176,231 $ 108,223 $ 1,932,998 $ 200,000 $ (10,834) $ (501,423) $ 447,267 $ 2,177,917 $ 108,223 $ 1,972,859 $ 200,000 $ (10,834) $ (539,598) $ 447,267 $ (1,686) $ (39,861) $ 38,175
Increase (Decrease) in Stockholders' Equity                                  
Net income 939,057         787,773 151,284                    
Dividends (55,169)           (55,169)                    
Exercise of share options 161 6 155                            
Employee stock compensation 3,937   3,937                            
Forfeiture of employee stock compensation (157)   (157)                            
Restricted stock units 0 187 (187)                            
Proceeds from subscription of equity interest in Gimi MS Corporation 39,275           39,275                    
Repurchase and cancellation of treasury shares (25,477) (1,190)       (24,287)                      
Deconsolidation of lessor VIEs (182,707)           (182,707)                    
Other comprehensive income (loss) 5,023       5,023                        
Balance at end of the period at Dec. 31, 2022 2,900,174 107,226 1,936,746 200,000 (5,811) 262,063 399,950                    
Increase (Decrease) in Stockholders' Equity                                  
Net income (2,850)         (46,793) 43,943                    
Dividends (102,897)         (79,448) (23,449)                    
Employee stock compensation 5,989   5,989                            
Forfeiture of employee stock compensation (109)   (109)                            
Restricted stock units 0 249 (249)                            
Proceeds from subscription of equity interest in Gimi MS Corporation 80,021           80,021                    
Repurchase and cancellation of treasury shares (61,684) (2,897)       (58,787)                      
Other comprehensive income (loss) 739       739                        
Reacquisition of common units of Golar Hilli LLC (216,940)   (251,249)       34,309                    
Balance at end of the period at Dec. 31, 2023 2,602,443 104,578 1,691,128 200,000 (5,072) 77,035 534,774                    
Increase (Decrease) in Stockholders' Equity                                  
Net income 80,793         50,839 29,954                    
Dividends (299,352)         (104,107) (195,245)                    
Exercise of share options 5,705 512 5,193                            
Employee stock compensation 7,308   7,308                            
Forfeiture of employee stock compensation (295)   (295)                            
Restricted stock units 0 124 (124)                            
Proceeds from subscription of equity interest in Gimi MS Corporation 45,206           45,206                    
Repurchase and cancellation of treasury shares (14,180) (679)       (13,501)                      
Other comprehensive income (loss) (671)       (671)                        
Reacquisition of Hilli LLC's non-controlling interests (57,553)   1,883       (59,436)                    
Balance at end of the period at Dec. 31, 2024 $ 2,369,404 $ 104,535 $ 1,705,093 $ 200,000 $ (5,743) $ 10,266 $ 355,253                    
[1] As of December 31, 2024, 2023 and 2022, our accumulated other comprehensive loss consisted of (i) $3.9 million, $3.8 million and $5.0 million losses in relation to our pension and post retirement benefit plan and (ii) $1.9 million, $1.3 million and $0.8 million share of equity method investment’s comprehensive losses from continuing operations, respectively.
[2] Opening adjustment to the December 31, 2021 equity relates to the adoption of ASU 2020-06 Debt – Debt with Conversion and Other Options (Topic 470) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Topic 815), relating to an amendment to simplify an issuer’s accounting for convertible instruments, such convertible debt was derecognized in February 2022.