NET FINANCE COST (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Finance Cost | ||||
Interest income | $ 1.4 | $ 2.5 | $ 2.9 | $ 5.2 |
Interest expense | ||||
Interest expense on interest bearing debt | (22.0) | (36.9) | (36.6) | (78.9) |
Interest expense on lease liabilities | (7.9) | (4.9) | (15.2) | (9.2) |
Interest expense related to pension liabilities | (0.1) | (0.3) | (0.2) | (0.4) |
Interest expense to related parties | 0.0 | 0.0 | 0.0 | (21.8) |
Other interest expense | 0.0 | (0.5) | 0.0 | (0.6) |
Total interest expense | (30.0) | (42.6) | (52.0) | (110.9) |
Foreign currency exchange gains/(losses), net & other finance costs | ||||
Exchange rate gains/(losses) | 8.6 | (0.9) | 14.5 | (12.6) |
Change in fair value of interest rate derivative instruments not used in hedge accounting | 0.0 | (0.6) | 0.0 | (1.1) |
Other finance cost | (1.9) | (3.6) | (3.9) | (5.4) |
Total Finance cost | 6.7 | (5.1) | 10.6 | (19.1) |
Loss on debt extinguishment | 0.0 | 0.0 | 0.0 | (14.3) |
Net finance cost | $ (21.9) | $ (45.2) | $ (38.5) | $ (139.1) |
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- Definition Change In Fair Value Of Interest Rate Derivative Instruments Not Used In Hedge Accounting No definition available.
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- Definition Not applicable. No definition available.
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- Definition Foreign Currency Exchange Gains/(Losses), Net & Other Finance Costs No definition available.
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- Definition Represents information pertaining to interest cost to related parties. No definition available.
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- Definition The amount of interest income expense on other financial liabilities. No definition available.
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- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The gain (loss) arising from the difference between the carrying amount of the financial liability extinguished and the measurement of the consideration paid (equity instruments issued) to the creditor. [Refer: Carrying amount [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of interest costs that an entity incurs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of reclassification adjustments related to exchange differences when the financial statements of foreign operations are translated, net of tax. Reclassification adjustments are amounts reclassified to profit (loss) in the current period that were recognised in other comprehensive income in the current or previous periods. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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