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- 4.1 Financial Review
- FINANCIAL STATEMENTS
- 4.2 Consolidated Financial Statements
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4.3 Notes to the Consolidated Financial Statements
- 4.3.1 Financial Highlights
- 4.3.2 Operating Segments and Directional Reporting
- 4.3.3 Revenue
- 4.3.4 Other Operating Income and Expense
- 4.3.5 Expenses by Nature
- 4.3.6 Employee Benefit Expenses
- 4.3.7 Research and Development Expenses
- 4.3.8 Net Impairment Gains/(Losses) on Financial and Contract Assets
- 4.3.9 Net Financing Costs
- 4.3.10 Income Tax Expense
- 4.3.11 Earnings/(Loss) Per Share
- 4.3.12 Dividends Paid and Proposed
- 4.3.13 Property, Plant and Equipment
- 4.3.14 Intangible Assets
- 4.3.15 Finance Lease Receivables
- 4.3.16 Other Financial Assets
- 4.3.17 Deferred Tax Assets and Liabilities
- 4.3.18 Inventories
- 4.3.19 Trade and Other Receivables
- 4.3.20 Construction Work-In-Progress
- 4.3.21 Derivative Financial Instruments
- 4.3.22 Net Cash and Cash Equivalent
- 4.3.23 Equity Attributable to Shareholders
- 4.3.24 Borrowings and Lease Liabilities
- 4.3.25 Deferred Income
- 4.3.26 Provisions
- 4.3.27 Trade and Other Payables
- 4.3.28 Commitments and Contingencies
- 4.3.29 Financial Instruments − Fair Values and Risk Management
- 4.3.30 List of Group Companies
- 4.3.31 Investment in Associates and Joint Ventures
- 4.3.32 Information on Non-controlling Interests
- 4.3.33 Related Party Transactions
- 4.3.34 Independent Auditor’s Fees and Services
- 4.3.35 Events After End of Reporting Period
- 4.4 Company Financial Statements
- 4.5 Notes to the Company Financial Statements
- 4.6 Other information
- 4.7 Key Figures
- NON-FINANCIAL INFORMATION
- 4.8 Scope of Non-Financial Information
- 4.9 Reporting Boundaries
- 4.10 Non-Financial Indicators
- 4.11 GRI Content Index
- 4.12 Certification and Classification Tables
- 4.13 Assurance Report of the Independent Auditor
Parent Company Guarantees
SBM Offshore N.V., as the parent company, is committed to fulfill various types of obligations arising from customer contracts, such as full performance and warranty obligations.
In the past, the parent company has issued guarantees for contractual obligations in respect of several Group companies, including equity-accounted joint ventures, with respect to long-term lease and operate contracts. The few remaining guarantees still active as of December 31, 2020 relate to the Deep Panuke MOPU unit, Thunder Hawk semi-submersible platform and FPSO Saxi Batuque, and have all been signed prior to 2010.