v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases  
Schedule of components of right-of-use assets
  (a)
Right-of-use-assets
 
      
Vessels
   
Containers
And
Equipment
   
Buildings,
vehicles and other
tangible assets
      
Total
 
                 
                 
   
US $ in millions
 
Balance as at January 1, 2025
   
5,256.8
     
366.6
     
48.9
     
5,672.3
 
Additions
   
207.0
     
75.6
     
28.5
     
311.1
 
Depreciation
   
(1,087.2
)
   
(69.5
)
   
(12.9
)
   
(1,169.6
)
Impairment reversal
   
76.0
     
5.2
     
10.9
     
92.1
 
Other (*)
   
794.0
     
(3.7
)
   
(0.7
)
   
789.6
 
Balance as at December 31, 2025
   
5,246.6
     
374.2
     
74.7
     
5,695.5
 
 
      
Vessels
   
Containers
And
Equipment
   
Buildings,
vehicles and other
tangible assets
      
Total
 
                 
                 
   
US $ in millions
 
Balance as at January 1, 2024
   
3,613.3
     
283.5
     
49.2
     
3,946.0
 
Additions
   
2,852.6
     
158.4
     
9.2
     
3,020.2
 
Depreciation
   
(982.5
)
   
(67.2
)
   
(8.2
)
   
(1,057.9
)
Other (*)
   
(226.6
)
   
(8.1
)
   
(1.3
)
   
(236.0
)
Balance as at December 31, 2025
   
5,256.8
     
366.6
     
48.9
     
5,672.3
 
 

(*) Mainly lease modifications and terminations, see also Note 5.

Schedule of maturity analysis of the Group's lease liabilities
  (b)
Maturity analysis of the Group's lease liabilities
 
   
As at December 31
 
   
2025
   
2024
 
   
US $ in millions
 
Less than one year
   
1,096.5
     
1,321.7
 
One to five years
   
2,560.3
     
2,581.0
 
More than five years
   
1,991.3
     
2,019.6
 
Total
   
5,648.1
     
5,922.3
 
Schedule of amounts recognized in profit or loss
  (c)
Amounts recognized in profit or loss
 
   
2025
   
2024
   
2023
 
   
US $ in millions
 
Interest expenses related to lease liabilities
   
465.5
     
458.8
     
370.0
 
Expenses relating to short-term leases:
                       
   Vessels
           
0.9
     
27.3
 
   Containers
   
36.5
     
31.9
     
23.6
 
Schedule of amounts recognized in the statement of cash flows
  (d)
Amounts recognized in the statement of cash flows
 
   
2025
   
2024
   
2023
 
   
US $ in millions
 
                   
Cash outflow related to lease liabilities
   
1,889.3
     
2,524.1
     
2,063.0