Trade And Other Receivables (Tables)

12 Months Ended

Dec. 31, 2025

Trade and other receivables [abstract]

Schedule Of Trade And Other Receivables


€ million		2025				2024
Trade receivables, net of provisions			507				349
Unbilled accrued revenue, net of provisions			243				242
Other receivables			111				165

Total trade and other receivables			861				756

Of which:
Financial receivables			828				726
Non-financial receivables			33				30
Non-current			91				107
Current			770				649

Schedule Of Provision Of Impairment On Trade And Other Receivables


€ million		2025				2024
As at 1 January			114				114

Business combination			22				0
Increase in provision			48				39
Reversals of provision			(29	)			(33	)
Utilised			(19	)			(10	)
Other movements			6				—
Impact of currency translation			(8	)			4

As at 31 December			134				114