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TANGIBLE FIXED ASSETS - Schedule of Tangible Fixed Assets (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Reconciliation of changes in property, plant and equipment      
Balance as of 01 January $ 2,842.7 $ 2,170.3  
Balance as of 31 December 2,821.9 2,842.7 $ 2,170.3
PREPAYMENTS ON VESSELS      
Beginning balance 0.0 86.0 0.0
Additions 17.5 111.5 126.6
Transferred to vessels (3.4) (197.5) (40.6)
End balance 14.1 0.0 86.0
Land and buildings      
Reconciliation of changes in property, plant and equipment      
Balance as of 01 January 8.1 5.5  
Balance as of 31 December 9.7 8.1 5.5
Land and buildings | Cost: | Property, plant and equipment      
Reconciliation of changes in property, plant and equipment      
Balance as of 01 January 17.6 14.6 12.0
Exchange rate adjustments (0.1) (0.2) (0.2)
Additions 4.5 5.6 4.4
Disposals (7.5) (2.4) (1.6)
Balance as of 31 December 14.5 17.6 14.6
Land and buildings | Depreciation: | Property, plant and equipment      
Reconciliation of changes in property, plant and equipment      
Balance as of 01 January (9.5) (9.1) (8.2)
Exchange rate adjustments 0.0 (0.2) 0.0
Disposals 7.5 2.3 1.6
Depreciation for the year 2.8 2.5 2.5
Balance as of 31 December (4.8) (9.5) (9.1)
Vessels and capitalized dry-docking      
Reconciliation of changes in property, plant and equipment      
Balance as of 01 January 2,826.7 2,070.2  
Balance as of 31 December 2,792.2 2,826.7 2,070.2
Vessels and capitalized dry-docking | Cost: | Property, plant and equipment      
Reconciliation of changes in property, plant and equipment      
Balance as of 01 January 3,500.9 2,622.1 2,421.2
Additions 298.4 792.7 476.0
Disposals (29.7) (20.7) (31.9)
Transfers 3.4 197.5 40.6
Transferred to assets held for sale (221.9) (90.7) (283.8)
Balance as of 31 December 3,551.1 3,500.9 2,622.1
Vessels and capitalized dry-docking | Depreciation: | Property, plant and equipment      
Reconciliation of changes in property, plant and equipment      
Balance as of 01 January (660.6) (536.3) (543.8)
Disposals 29.7 20.7 31.9
Depreciation for the year 209.1 186.7 143.7
Transferred to assets held for sale 91.7 41.7 119.3
Balance as of 31 December (748.3) (660.6) (536.3)
Vessels and capitalized dry-docking | Impairment: | Property, plant and equipment      
Reconciliation of changes in property, plant and equipment      
Balance as of 01 January (13.6) (15.6) (21.5)
Transferred to assets held for sale 3.0 2.0 5.9
Balance as of 31 December (10.6) (13.6) (15.6)
Other plant and operating equipment      
Reconciliation of changes in property, plant and equipment      
Balance as of 01 January 3.3 4.4  
Balance as of 31 December 2.5 3.3 4.4
Other plant and operating equipment | Cost: | Property, plant and equipment      
Reconciliation of changes in property, plant and equipment      
Balance as of 01 January 5.9 11.2 10.5
Adjustments to prior years 4.0 0.0 0.0
Exchange rate adjustments 0.0 (0.1) 0.0
Additions 1.0 1.3 1.3
Disposals (1.5) (6.5) (0.6)
Transfers (5.0) 0.0 0.0
Balance as of 31 December 4.4 5.9 11.2
Other plant and operating equipment | Depreciation: | Property, plant and equipment      
Reconciliation of changes in property, plant and equipment      
Balance as of 01 January (2.6) (6.8) (4.9)
Adjustments to prior years (4.0) 0.0 0.0
Exchange rate adjustments 0.0 0.1 0.0
Disposals 1.4 5.9 0.6
Depreciation for the year 1.1 1.8 2.5
Transfers 4.4 0.0 0.0
Balance as of 31 December $ (1.9) $ (2.6) $ (6.8)