v3.25.2
Cash from operations (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities        
Income/(loss) before taxation $ 67.7 $ (88.0) $ 136.8 $ (1,647.3)
Adjustments:        
Depreciation of property, plant and equipment 77.8 76.5 156.4 153.0
Amortization of intangible assets 11.2 10.7 22.0 21.7
Amortization of prepaid site rent 0.6 2.4 1.3 4.9
Net impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent 1.7 2.9 3.6 6.0
Impairment of assets held for sale   2.9   2.9
Impairment of goodwill       87.9
Net (reversal of impairment)/impairment of withholding tax receivables (0.5) 2.8 (12.9) 10.9
Impairment of inventory 0.2   0.4  
Net gain on disposal of property, plant and equipment and right-of-use assets (2.2) (1.9) (1.0) (2.3)
Share-based payment expense 8.5 4.9 14.0 8.1
Net loss allowance/(reversal of loss allowance) on trade receivables 1.4 (2.4) 1.8 2.2
Finance income (35.6) (43.0) (56.1) (24.3)
Finance costs 114.3 279.2 228.7 1,812.7
Insurance claim income (0.2)   (0.3)  
Operating income before working capital changes 244.9 246.8 494.7 436.4
Changes in working capital        
Decrease/(increase) in inventory 4.1 6.0 (10.1) (5.4)
Increase in trade and other receivables (41.6) (111.8) (31.2) (187.1)
Increase in trade and other payables 47.4 10.6 17.6 0.7
Net movement in working capital 9.9 (95.2) (23.7) (191.8)
Cash from operations $ 254.8 $ 151.6 $ 471.0 $ 244.6