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Leases
 12 Months Ended
Dec. 31, 2023
Leases 1 [Abstract]  
Leases Leases
20.1    Amounts Recognized in the Consolidated Statements of Financial Position
Right-of-Use Assets
The following amounts are presented as right-of-use assets within the consolidated statements of financial position as of the dates indicated:
(in millions €)December 31, 2023December 31, 2022
Buildings209.8206.5
Production facilities —3.0
Other operating equipment4.62.4
Total214.4211.9
Additions to the right-of-use assets during the year ended December 31, 2023, were €66.4 million (during the year ended December 31, 2022: €118.3 million).
Lease Liability
The following amounts are included in lease liabilities, loans and borrowings as of the dates indicated:
(in millions €)December 31, 2023December 31, 2022
Current28.136.0
Non-current188.6174.1
Total216.7210.1
20.2    Amounts Recognized in the Consolidated Statements of Profit or Loss
Depreciation Charge of Right-of-Use Assets
Years ended
December 31,
(in millions €)202320222021
Buildings40.735.214.7
Production facilities 3.023.114.0
Other operating equipment1.50.50.3
Total depreciation charge45.258.829.0
Interest on lease liabilities5.75.12.9
Expense related to short-term leases and leases of low-value assets58.927.19.5
Total amounts recognized in profit or loss109.891.041.4
20.3    Amounts Recognized in the Consolidated Statements of Cash Flows
During the year ended December 31, 2023, the total cash outflow for leases amounted to €46.0 million (during the year ended December 31, 2022: €46.2 million; during the year ended December 31, 2021: €17.0 million).
20.4    Extension Options
The Group has several lease contracts that include extension options. These options are negotiated by management to provide flexibility in managing the leased asset portfolio and align with the Group’s business needs. Management exercises judgment in determining whether these extension options are reasonably certain to be exercised. The undiscounted potential
future lease payments, which relate to periods after the exercise date of renewal options and are not included in lease liabilities, amount to up to €157.2 million as of December 31, 2023, considering terms up until 2049 (as of December 31, 2022: €163.1 million considering terms up until 2049).