v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Total
Share Capital
Treasury shares
Legal Reserves
Share Premium
Currency Translation Adjustment
Other Reserves
Retained Earnings
Non-controlling interests
Balance at Dec. 31, 2022 $ 14,034,437 $ 13,905,709 $ 1,180,537   $ 118,054 $ 609,733 $ (1,138,681) $ (325,572) $ 13,461,638 $ 128,728
Income for the year 3,957,833 3,918,065             3,918,065 39,768
Currency translation adjustment 38,937 38,587         38,587     350
Reclassification of currency translation adjustment reserve (878) (878)         (878)      
Remeasurements of post-employment benefit obligations, net of taxes (4,612) (4,292)           (3,096) (1,196) (320)
Change in value of instruments at fair value through other comprehensive income and cash flow hedges, net of taxes (137,024) (137,024)           (137,024)    
Other comprehensive income of non-consolidated companies 58,755 58,755         110,801 (52,046)    
Other comprehensive income (loss) for the year (44,822) (44,852)         148,510 (192,166) (1,196) 30
Total comprehensive income (loss) for the year 3,913,011 3,873,213         148,510 (192,166) 3,916,869 39,798
Repurchase of own shares (213,739) (213,739)   $ (213,739)            
Changes in share buyback program liability (86,240) (86,240)           (86,240)    
Acquisition and other changes in non-controlling interests 38,446 540             540 37,906
Distribution of dividends (655,478) (636,511)             (636,511) (18,967)
Balance at Dec. 31, 2023 17,030,437 16,842,972 1,180,537 (213,739) 118,054 609,733 (990,171) (603,978) 16,742,536 187,465
Income for the year 2,076,773 2,036,445             2,036,445 40,328
Currency translation adjustment (73,551) (72,792)         (72,792)     (759)
Reclassification of currency translation adjustment reserve                  
Remeasurements of post-employment benefit obligations, net of taxes (5,232) (4,604)           (4,604)   (628)
Change in value of instruments at fair value through other comprehensive income and cash flow hedges, net of taxes 149,263 149,263           149,263    
Other comprehensive income of non-consolidated companies (2,483) (2,483)         (47,840) 45,357    
Other comprehensive income (loss) for the year 67,997 69,384         (120,632) 190,016   (1,387)
Total comprehensive income (loss) for the year 2,144,770 2,105,829         (120,632) 190,016 2,036,445 38,941
Repurchase of own shares (1,441,843) (1,441,843)   (1,441,843)            
Cancellation of own shares     (17,779) 299,931 (1,778)       (280,374)  
Changes in share buyback program liability (157,024) (157,024)           (157,024)    
Acquisition and other changes in non-controlling interests 1,143 1,109             1,109 34
Distribution of dividends (763,648) (757,786)             (757,786) (5,862)
Balance at Dec. 31, 2024 16,813,835 16,593,257 1,162,758 (1,355,651) 116,276 609,733 (1,110,803) (570,986) 17,741,930 220,578
Income for the year 1,973,279 1,932,813             1,932,813 40,466
Currency translation adjustment 137,788 136,278         136,278     1,510
Reclassification of currency translation adjustment reserve                  
Remeasurements of post-employment benefit obligations, net of taxes (4,931) (4,528)           (4,528)   (403)
Change in value of instruments at fair value through other comprehensive income and cash flow hedges, net of taxes (4,138) (4,138)           (4,138)    
Other comprehensive income of non-consolidated companies 21,539 21,539         21,692 (153)    
Other comprehensive income (loss) for the year 150,258 149,151         157,970 (8,819)   1,107
Total comprehensive income (loss) for the year 2,123,537 2,081,964         157,970 (8,819) 1,932,813 41,573
Transfers of remeasurements of post-employment benefit obligations, net of taxes to retained earnings               11,337 (11,337)  
Repurchase of own shares (1,360,065) (1,360,065)   (1,360,065)            
Cancellation of own shares     (90,763) 1,590,585 (9,077) $ (609,733)     (881,012)  
Changes in share buyback program liability 184,396 184,396           184,396    
Acquisition and other changes in non-controlling interests (780)                 (780)
Distribution of dividends (931,855) (900,361)             (900,361) (31,494)
Balance at Dec. 31, 2025 $ 16,829,068 $ 16,599,191 $ 1,071,995 $ (1,125,131) $ 107,199   $ (952,833) $ (384,072) $ 17,882,033 $ 229,877