Subsea 7 S.A. (FRA:SOC)

Subsea 7 Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	545.7	575.3	750.9	645.6	597.6	511.6
Cash & Short-Term Investments	545.7	575.3	750.9	645.6	597.6	511.6
Cash Growth	24.05%	-23.39%	16.31%	8.03%	16.81%	28.64%
Accounts Receivable	1,902	1,370	1,485	1,327	1,392	1,053
Other Receivables	534.5	245.1	246.4	192.1	101.3	79.4
Receivables	2,437	1,615	1,731	1,520	1,493	1,132
Inventory	51.4	57.4	60.1	49.5	40.3	26.4
Prepaid Expenses	-	126.1	152.4	111.6	116.8	120.5
Restricted Cash	5.8	9.5	7.4	4.4	5.7	7.1
Other Current Assets	249.9	91.2	162.9	90.7	74.8	37.7
Total Current Assets	3,289	2,474	2,865	2,421	2,328	1,835
Property, Plant & Equipment	4,173	4,361	4,489	4,164	4,287	4,196
Long-Term Investments	388	368.3	343.1	26.6	29.9	32.4
Goodwill	159.8	183.7	192.2	191.3	197.2	84.5
Other Intangible Assets	107.6	87.6	58.5	31.1	35	46
Long-Term Accounts Receivable	-	-	-	-	4.4	6.7
Long-Term Deferred Tax Assets	100.3	93.6	50.9	38.7	58.7	49.5
Long-Term Deferred Charges	-	1.7	1.9	1.8	5.3	1.4
Other Long-Term Assets	95.3	79.1	59.7	33.6	39.8	39.6
Total Assets	8,313	7,680	8,096	6,944	7,023	6,297
Accounts Payable	1,839	391.3	355.4	324.8	280.2	301.4
Accrued Expenses	-	997.5	1,107	907.9	1,039	647.7
Current Portion of Long-Term Debt	181.3	138.2	123.5	53.8	61.6	24.6
Current Portion of Leases	198.5	223.8	167.8	95.8	88	85.4
Current Income Taxes Payable	227.5	125	76.4	49.3	41.5	32.6
Current Unearned Revenue	632.5	419.4	428.7	320.9	206.6	281.9
Other Current Liabilities	143.2	138.7	357.7	131.9	154.2	177.6
Total Current Liabilities	3,222	2,434	2,616	1,884	1,871	1,551
Long-Term Debt	447.7	583.8	721.4	302.2	360.3	184.4
Long-Term Leases	205.2	231.1	290.5	161.2	142.9	168.6
Pension & Post-Retirement Benefits	9.6	8.1	8.4	9.2	12.3	14.3
Long-Term Deferred Tax Liabilities	91.9	87.3	43.2	54.4	46	32.2
Other Long-Term Liabilities	50.2	41.2	58.8	82.1	102.3	91.3
Total Liabilities	4,027	3,385	3,738	2,494	2,534	2,042
Common Stock	599.2	591.2	600.9	580.4	590.9	595.3
Additional Paid-In Capital	2,552	2,546	2,580	2,503	2,504	2,505
Retained Earnings	1,717	1,825	1,780	1,740	1,710	1,747
Treasury Stock	-69.1	-69.1	-31.1	-75	-32.9	-17.8
Comprehensive Income & Other	-549.1	-642.2	-606.8	-626.8	-587.6	-602.3
Total Common Equity	4,250	4,250	4,323	4,122	4,184	4,228
Minority Interest	36.3	44.6	34.1	329.1	304.5	27.3
Shareholders' Equity	4,286	4,295	4,357	4,451	4,488	4,255
Total Liabilities & Equity	8,313	7,680	8,096	6,944	7,023	6,297
Total Debt	1,033	1,177	1,303	613	652.8	463
Net Cash (Debt)	-487	-601.6	-552.3	32.6	-55.2	48.6
Net Cash Per Share	-1.63	-2.01	-1.85	0.11	-0.18	0.16
Filing Date Shares Outstanding	295.61	295.61	300.45	290.21	295.47	297.67
Total Common Shares Outstanding	295.61	295.61	300.45	290.21	295.47	297.67
Working Capital	67.4	40.2	248.8	536.9	457.4	284.2
Book Value Per Share	14.38	14.38	14.39	14.20	14.16	14.20
Tangible Book Value	3,983	3,979	4,072	3,899	3,952	4,097
Tangible Book Value Per Share	13.47	13.46	13.55	13.44	13.37	13.76
Land	-	473.7	496.4	517.2	523.1	518.6
Machinery	-	7,260	7,256	6,866	7,015	6,996
Order Backlog	-	11,175	10,587	9,008	7,212	6,214

Source: S&P Global Market Intelligence. Standard template. Financial Sources.