Financial risks management (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Disclosure of nature and extent of risks arising from financial instruments [line items] |
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| Schedule of exposure to credit risk |
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December 31, 2025
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December 31, 2024
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US $ in millions
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AA- to AAA
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551.0
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765.4
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A- to A+
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562.7
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566.7
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BBB- to BBB+
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464.7
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375.7
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Total Outstanding
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1,578.4
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1,707.8
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| Schedule of contractual maturities of financial liabilities, including estimated interest payments |
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December 31, 2025
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Carrying
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Contractual
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More than
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amount
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cash flows
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0-1 years
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1-2 years
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2-5 years
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5 years
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Note
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US $ in millions
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Non-derivative financial liabilities
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Long-term loans and other liabilities
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13(b)
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46.5
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53.0
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12.4
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7.0
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33.6
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Lease liabilities
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8(b)
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5,648.1
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7,479.8
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1,501.7
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1,213.4
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2,349.4
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2,415.3
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Short-term borrowings
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13(b)
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32.0
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32.0
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32.0
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Trade and other payables
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15
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579.0
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579.0
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579.0
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6,305.6
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8,143.8
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2,125.1
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1,220.4
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2,383.0
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2,415.3
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December 31, 2024
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Carrying
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Contractual
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More than
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amount
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cash flows
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0-1 years
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1-2 years
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2-5 years
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5 years
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Note
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US $ in millions
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Non-derivative financial liabilities
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Long-term loans and other liabilities
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13(b)
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61.4
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71.8
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18.5
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12.5
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20.9
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19.9
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Lease liabilities
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8(b)
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5,922.3
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7,909.9
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1,751.8
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1,325.9
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2,274.7
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2,557.5
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Short-term borrowings
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13(b)
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32.0
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32.0
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32.0
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Trade and other payables
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15
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694.7
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694.7
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694.7
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6,710.4
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8,708.4
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2,497.0
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1,338.4
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2,295.6
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2,577.4
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| Schedule of the Group's exposure to foreign currency risk based on notional amounts |
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December 31, 2025
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US$
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NIS
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Others
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US $ in millions
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US $ in millions
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US $ in millions
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Non-current assets
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Other receivables
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132.6
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0.3
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4.1
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Other non-current investments
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1,048.7
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1.5
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1.5
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Current assets
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Other current investments
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726.0
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9.1
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Trade and other receivables
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479.0
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18.7
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111.6
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Cash and cash equivalents
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1,012.5
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7.1
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32.1
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Non-current liabilities
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Loans and other liabilities
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(35.6
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)
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Lease liabilities
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(4,483.5
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)
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(37.8
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)
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(30.3
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)
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Current liabilities
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Short term borrowings and current maturities
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(42.9
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)
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Lease liabilities
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(1,078.3
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)
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(8.7
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)
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(9.5
|
)
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Trade and other payables
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(465.1
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)
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(46.8
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)
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(75.9
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)
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(2,706.6
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)
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(65.7
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)
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42.7
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December 31, 2024
|
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|
US$
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NIS
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Others
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US $ in millions
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US $ in millions
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US $ in millions
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Non-current assets
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Other receivables
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58.0
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3.0
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Other non-current investments
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1,078.4
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1.2
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1.3
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Current assets
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Other current investments
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782.4
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18.0
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Trade and other receivables
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786.3
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8.6
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74.2
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Cash and cash equivalents
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1,241.3
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10.1
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63.3
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Non-current liabilities
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Loans and other liabilities
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(45.6
|
)
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Lease liabilities
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(4,542.1
|
)
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(36.2
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)
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(22.3
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)
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Current liabilities
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Short term borrowings and current maturities
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(47.7
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)
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(0.1
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)
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Lease liabilities
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(1,307.9
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)
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(6.9
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)
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(6.9
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)
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Trade and other payables
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(575.1
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)
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(59.8
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)
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(64.6
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)
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(2,572.0
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)
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(83.0
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)
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65.9
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| Schedule of sensitivity analysis |
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Profit or loss
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US $ in millions
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December 31,2025
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6.8
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December 31,2024
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8.3
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| Schedule of interest rate profile of interest-bearing financial instruments |
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Carrying amount
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2025
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2024
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US $ in millions
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US $ in millions
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Fixed rate instruments (Unlinked)
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Financial assets
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2,835.8
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3,189.3
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Financial liabilities (including lease liabilities)
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(5,667.0
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)
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(5,940.5
|
)
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(2,831.2
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)
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(2,751.2
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)
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Variable rate instruments
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Financial assets
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3.7
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Financial liabilities
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(59.5
|
)
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(75.2
|
)
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(59.5
|
)
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(71.5
|
)
|
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| Schedule of financial instruments measured at fair value |
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Balance at December 31,
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2025
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2024
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US $ in millions
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Level 1
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Level 3
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Total
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Level 1
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Level 3
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Total
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Fair value through profit and loss
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Cash and cash equivalents:
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Money markets instruments
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471.4
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471.4
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616.8
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616.8
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Other investments:
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Equity instruments
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21.7
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21.7
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13.2
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13.2
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Loans and other liabilities:
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Derivative instruments
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(12.4
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)
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(12.4
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)
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(16.9
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)
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(16.9
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)
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Fair value through other comprehensive income
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Other investments:
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Sovereign bonds
|
|
|
384.1
|
|
|
|
|
|
|
|
384.1
|
|
|
|
546.0
|
|
|
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|
546.0
|
|
|
Corporate bonds
|
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|
1,194.3
|
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1,194.3
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1,161.8
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1,161.8
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Equity instruments
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3.0
|
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3.0
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1.7
|
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1.7
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|