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CONSOLIDATED STATEMENT OF FINANCIAL POSITION
€ in Millions
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Non-current assets Abstract    
Intangible assets $ 1,223,000,000 $ 1,382,000,000
Property, plant and equipment 2,480,000,000 2,628,000,000
Derivative financial instruments 2,000,000  
Deferred tax assets 64,000,000 62,000,000
Employee benefit assets 10,000,000 22,000,000
Other non-current assets 53,000,000 70,000,000
Non-current assets 3,832,000,000 4,164,000,000
Current assets    
Inventories 382,000,000 469,000,000
Trade and other receivables 332,000,000 278,000,000
Contract assets 251,000,000 259,000,000
Income tax receivable 35,000,000 44,000,000
Derivative financial instruments 20,000,000 12,000,000
Cash, cash equivalents and restricted cash 610,000,000 443,000,000
Total current assets 1,630,000,000 1,505,000,000
TOTAL ASSETS 5,462,000,000 5,669,000,000
Equity attributable to owners of the parent    
Equity share capital 267,000,000 267,000,000
Share premium 5,989,000,000 5,989,000,000
Other reserves (5,660,000,000) (5,687,000,000)
Retained earnings (738,000,000) (469,000,000)
Equity attributable to owners of parent (142,000,000) 100,000,000
Non-controlling interests 6,000,000 6,000,000
TOTAL EQUITY (136,000,000) 106,000,000
Non-current liabilities    
Borrowings 3,797,000,000 3,640,000,000
Employee benefit obligations 154,000,000 169,000,000
Derivative financial instruments 21,000,000 52,000,000
Deferred tax liabilities 141,000,000 136,000,000
Other liabilities and provisions 37,000,000 44,000,000
Non-current liabilities 4,150,000,000 4,041,000,000
Current liabilities    
Borrowings 105,000,000 94,000,000
Interest payable 19,000,000 14,000,000
Derivative financial instruments 32,000,000 32,000,000
Trade and other payables 1,250,000,000 1,317,000,000
Income tax payable 28,000,000 28,000,000
Provisions 14,000,000 37,000,000
Current liabilities 1,448,000,000 1,522,000,000
TOTAL LIABILITIES 5,598,000,000 5,563,000,000
TOTAL EQUITY and LIABILITIES $ 5,462,000,000 $ 5,669,000,000