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Details Of Certain Accounts

12 Months Ended

Dec. 31, 2023

Note 4 — Details of Certain Accounts

Other current assets consist of the following (in thousands):

Other assets, net consist of the following (in thousands):


	December 31,
	2023		2022
Prepaid charter ⁽¹⁾	$	12,544	$	12,544
Deferred costs (Note 11)		587		6,432
Other receivable ⁽²⁾		25,623		24,827
Intangible assets with finite lives, net		4,105		4,465
Other		1,964		2,239
Total other assets, net	$	44,823	$	50,507

(1)	Represents prepayments to the owner of the Siem Helix 1 and the Siem Helix 2 to offset certain payment obligations associated with the vessels at the end of their respective charter term.

(2)	Represents the present value of the agreed-upon amounts that we are entitled to receive from Marathon Oil Corporation (“Marathon Oil”) for remaining P&A work to be performed by us on Droshky oil and gas properties we acquired from Marathon Oil in 2019.

Accrued liabilities consist of the following (in thousands):


	December 31,
	2023		2022
Accrued payroll and related benefits	$	59,010	$	41,339
Accrued interest		4,181		6,306
Income tax payable		1,938		479
Deferred revenue (Note 11)		32,763		9,961
Earn-out consideration (Note 3)		85,000		—
Other ⁽¹⁾		20,220		15,489
Total accrued liabilities	$	203,112	$	73,574

(1)	During the third quarter 2023, we acquired five P&A systems and other assets for total consideration of $17.6 million including $6.0 million in cash in addition to credits towards future services offered by us. Amount as of December 31, 2023 included $9.0 million of those credits.

Other non-current liabilities consist of the following (in thousands):


	December 31,
	2023		2022
Asset retirement obligations (Note 15)	$	61,356	$	51,956
Contingent consideration (Note 19)		—		42,754
Other ⁽¹⁾		4,892		520
Total other non-current liabilities	$	66,248	$	95,230

(1)	Amount as of December 31, 2023 included $2.6 million of credits offered by us in exchange for the purchase of P&A equipment (see above).