XML 445 R52.htm IDEA: XBRL DOCUMENT v3.25.0.1
Right-of-use assets and lease liabilities (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Right-of-Use Asset Operating/Finance Lease by Category Right-of-use assets consist of the following leases:
Year ended December 31 (€, in millions)
2023
2024
Properties
270.3
333.7
Cars
5.4
7.6
Warehouses
30.3
42.6
Other
0.6
3.3
Right-of-use assets
306.6
387.2
Year ended December 31 (€, in millions)
2023
2024
Current
46.7
68.6
Non-current
181.2
237.4
Lease liabilities
227.9
306.0
Schedule of lease cost The Consolidated statements of operations include the following lease expenses:
Year ended December 31 (€, in millions)
2022
2023
2024
Properties
52.3
40.4
50.2
Cars
2.7
5.9
6.1
Warehouses
4.0
5.9
15.0
Other
1.4
0.8
2.2
Lease expenses
60.4
53.0
73.5
The total cash flows relating to the leases are as follows:
Year ended December 31 (€, in millions)
2022
2023
2024
Total cash flows
57.9
148.2
96.3
The total cash flow decreased in 2024 compared to 2023 due to fewer prepayments of new land leases in 2024
compared to 2023.
The weighted average remaining lease term and weighted average discount rate related to the leases are as follows:
Year ended December 31 (€, in millions)
2022
2023
2024
Weighted average remaining lease term (months)
67
365
296
Weighted average discount rate (%)
2.2%
2.5%
3.0%