1、ANNUAL REPORT2022Himalaya Shipping Ltd.CONTENTBoard of Directors Report 3Responsibility Statement 13Corporate Governance Report 14Consolidated Financial Statements 18Auditors Report 42Offices473Annual Report 2022Himalaya Shipping Ltd.(together with its subsidiaries,the“Company”or the“Group”or“Himala
2、ya Shipping”)is a limited liability company incorporat-ed in Bermuda on March 17,2021.The Companys shares are traded on Euronext Expand and New York Stock Exchange(“NYSE”)under the ticker“HSHP”.Himalaya Shipping Ltd.is an indepen-dent bulk carrier company,incorpo-rated in Bermuda.Himalaya Shipping h
3、as three vessels in operation and nine Newcastlemax dry bulk vessels under construction at New Times Shipyard in China.The remaining newbuildings are expected to be delivered by July 2024.MANAGEMENT DISCUSSION ANDANALYSISConsolidated Statements ofOperations General and administrative expenses were U
4、S$2.0 million for the year end-ed December 31,2022,compared to US$1.0 million for the period ended December 31,2021.Our G&A expenses for both periods reflect the startup nature of our operations and mainly relate to listing expenses in Euronext Growth and Euronext Expand,legal fees,share based com-p
5、ensation expenses and fees payable under our Management Agreement with 2020 Bulkers Management AS.Consolidated Balance Sheets The Company had total assets of US$177.8 million as of December 31,2022,(December 31,2021:US$95.2 million).The increase is primarily due to instalments paid on the newbuild-i
6、ngs.Total shareholders equity was US$90.3 million and US$91.9 million as of December 31,2022 and Decem-ber 31,2021,respectively.Total liabilities as of December 31,2022,were US$87.5 million(Decem-ber 31,2021:US$3.3 million).The increase is primarily due to draw downs on the sale leaseback financ-ing