XML 588 R45.htm IDEA: XBRL DOCUMENT v3.25.1
Net finance expense (Tables)
 12 Months Ended
Dec. 31, 2024
Financial Instruments [Abstract]  
Disclosure of net finance expense recognized in profit or loss
(in thousands of USD)202420232022
Interest income15,895 20,620 7,063 
Dividends from other shares
1,050 — — 
Income on recycling hedges from OCI into P&L
— 25,749 — 
Change in fair value of fuel derivatives recognized in P&L— 3,210 6,132 
Foreign exchange gains21,744 17,590 13,945 
Finance income38,689 67,168 27,140 
Interest expense on financial liabilities measured at amortized cost(145,562)(132,268)(85,418)
Interest leasing(275)(631)(1,237)
Change in fair value of fuel derivatives recognized in P&L— (8,276)(26,388)
Fair value adjustment on interest rate swaps— 37 (507)
Other financial charges(9,249)(13,513)(5,930)
Foreign exchange losses(14,253)(17,246)(13,529)
Finance expense(169,339)(171,897)(133,009)
Net finance expense recognized in profit or loss(130,650)(104,729)(105,869)
Disclosure of finance income and expenses not at fair value through profit or loss
202420232022
Total interest income on financial assets15,895 46,368 7,063 
Total interest expense on financial liabilities(145,562)(132,268)(85,418)
Total interest leasing(275)(631)(1,237)
Total other financial charges(9,249)(13,513)(5,930)
Disclosure finance expense recognized directly in equity
(in thousands of USD)202420232022
Foreign currency translation differences for foreign operations(2,280)259 (477)
Cash flow hedges - effective portion of changes in fair value1,005 (6,164)30,657 
Net finance expense recognized directly in equity(1,275)(5,905)30,180 
Attributable to:
Owners of the Company(1,275)(5,905)30,180 
Net finance expense recognized directly in equity(1,275)(5,905)30,180 
Recognized in:
Translation reserve(2,280)259 (477)
Hedging reserve1,005 (6,164)30,657