v3.26.1
Consolidated statement of financial position - EUR (€)
€ in Millions
Dec. 31, 2025
Dec. 31, 2024
Non-current assets    
Property, plant and equipment € 5,399 € 2,924
Assets in the course of construction 1,750 1,348
Subtotal 7,149 4,272
Intangible assets 2,810 908
Other financial assets 135 34
Derivatives 9  
Lease receivable 13  
Investments accounted for using the equity method 77  
Prepayments 28 2
Income tax receivable 155  
Trade and other receivables 91 107
Deferred customer contract costs 19 1
Deferred tax assets 644 701
Total non-current assets 11,130 6,025
Current assets    
Inventories 196 49
Trade and other receivables 770 649
Deferred customer contract costs 8 2
Other financial assets 9  
Prepayments 117 58
Income tax receivable 65 23
Cash and cash equivalents 1,075 3,521
Total current assets 2,240 4,302
Total assets 13,370 10,327
Equity    
Attributable to the owners of the parent 2,623 3,423
Non-controlling interests 91 69
Total equity 2,714 3,492
Non-current liabilities    
Borrowings 5,507 4,247
Provisions 46 3
Deferred income 522 338
Deferred tax liabilities 455 212
Other long-term liabilities 35 41
Contingent value rights 749  
Employee benefit obligations 48 14
Lease liabilities 559 32
Fixed assets suppliers 164 426
Total non-current liabilities 8,085 5,313
Current liabilities    
Borrowings 798 273
Provisions 64 128
Deferred income 303 225
Trade and other payables 1,032 678
Employee benefit obligations 1  
Lease liabilities 76 19
Fixed assets suppliers 279 184
Income tax liabilities 18 15
Total current liabilities 2,571 1,522
Total liabilities 10,656 6,835
Total equity and liabilities € 13,370 € 10,327