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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Jun. 30, 2021
Tangible fixed assets      
Land and buildings $ 3.7 $ 4.8 $ 5.5
Vessels and capitalized dry-docking 1,836.8 1,937.8 1,878.3
Prepayments on vessels 4.3 12.0 33.2
Other plant and operating equipment 5.6 6.3 7.2
Total tangible fixed assets 1,850.4 1,960.9 1,924.2
Financial assets      
Investments in joint ventures 1.3 1.5 1.6
Loan receivables 4.6 4.6 4.6
Deferred tax asset 0.6 0.7 0.7
Other investments 0.4    
Total financial assets 6.9 6.8 6.9
Total non-current assets 1,857.3 1,967.7 1,931.1
CURRENT ASSETS      
Bunkers 78.3 48.8 39.4
Freight receivables 171.9 84.0 61.5
Other receivables 77.3 40.0 40.8
Prepayments 9.4 5.6 3.2
Cash and cash equivalents, including restricted cash 157.7 171.7 111.3
Current assets, excluding assets held-for-sale 494.6 350.1 256.2
Assets held-for-sale 69.2 13.2  
Total current assets 563.8 363.3 256.2
TOTAL ASSETS 2,421.1 2,331.0 2,187.3
EQUITY      
Common shares 0.8 0.8 0.8
Share premium 165.2 159.8 143.6
Treasury shares (4.2) (4.2) (4.2)
Hedging reserves 35.7 (3.6) (13.8)
Translation reserves (0.1) 0.2 0.2
Retained profit 1,017.3 899.2 921.0
Total equity 1,214.7 1,052.2 1,047.6
NON-CURRENT LIABILITIES      
Non-current tax liability related to held over gains 45.2 45.2 45.2
Borrowings 910.7 926.4 823.7
Total non-current liabilities 955.9 971.6 868.9
CURRENT LIABILITIES      
Borrowings 133.6 209.0 170.1
Trade payables 50.1 35.3 29.9
Current tax liabilities 1.1 0.9 1.3
Other liabilities 53.7 43.7 51.2
Provisions 12.0 18.3 18.3
Total current liabilities 250.5 307.2 270.8
Total liabilities 1,206.4 1,278.8 1,139.7
TOTAL EQUITY AND LIABILITIES $ 2,421.1 $ 2,331.0 $ 2,187.3