Lyrics:

[Part I - Beneath the Waves]

[Daniel Gildenlöw:]
The water breaks the golden sunrays
Silver dances on the waves
But a memory&
I often dream about the old days
Playing hide and seek within the caves
But a memory&

[Bob Catley:]
I still feel the rising tides embrace me
Carrying me to a place unknown
But a memory&
I remember all the love they gave me
In this fluid world we call our home
But a memory&

[Anneke Van Giersbergen:]
Beneath the waves we were invincible
In a world without frontiers
[Floor Jansen:] World without walls
[Anneke Van Giersbergen:]
Beneath the waves we were inseparable
In a world without walls

[Steve Lee:]
Faces of cerulean oceans
Mirroring stars and sable skies
But a memory&
How I miss the scent of sweet emotions
Of a world so pure, devoid of cries
But a memory&

[Jørn Lande:] Beneath the waves we were unbeatable
[Floor Jansen:] In the silence of the sea
[Jørn Lande:] In a world without frontiers
[Floor Jansen:] World without walls
[Jørn Lande:] Beneath the waves we were untouchable
[Floor Jansen:] In the kingdom of the free
[Jørn Lande:] In a world without walls

[Steve Lee:] Beneath the waves we were invincible
[Floor Jansen:] In the silence of the sea
[Steve Lee:] In a world without frontiers
[Floor Jansen:] World without walls
[Steve Lee:] Beneath the waves we were inseparable
[Floor Jansen:] In the kingdom of the free
[Steve Lee:] In a world without walls

[Part II - Face the Facts]

[Hansi Kürsch, Anneke Van Giersbergen And Floor Jansen:]
Face the facts, there is no way back
Arise! It's time to act
Face the facts, our future is black
Arise, we're on the wrong track

[Part III - But a Memory&]

[Tom Englund:]
Water breaks the golden sunrays
Silver dances on the waves
But a memory&
I often dream about the old days
Playing hide and seek within the caves
But a memory&

[Part IV - World Without Walls]

[Jørn Lande:] Beneath the waves we were unbeatable
[Floor Jansen:] In the silence of the sea
[Jørn Lande:] In a world without frontiers
[Floor Jansen:] World without walls
[Jørn Lande:] Beneath the waves we were untouchable
[Floor Jansen:] In our kingdom of the free
[Jørn Lande:] In a world without walls
[Floor Jansen:] World without walls
[Jørn Lande:] Beneath the waves we were invincible
[Floor Jansen:] In the silence of the sea
[Jørn Lande:] In a world without frontiers
Beneath the waves we were inseparable
[Floor Jansen:] In our kingdom of the free
[Jørn Lande:] In a world without walls

[Part V - Reality Bleeds]

Instrumental