v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets:        
Cash and cash equivalents $ 647,295 $ 538,785 $ 378,102  
Available for sale investments 0 0 1,954  
Accounts receivable, net of allowance for credit losses 1,474,898 1,392,764 1,764,404  
Unbilled revenue 1,096,592 1,040,174 853,581  
Other receivables 116,750 79,487 65,797  
Prepayments and other current assets 105,316 140,435 132,105  
Income taxes receivable 60,824 83,523 91,254  
Total current assets 3,501,675 3,275,168 3,287,197  
Non-current assets:        
Property, plant and equipment, net 395,724 382,879 361,184  
Goodwill 8,731,689 9,051,410 9,022,075 $ 8,971,670
Intangible assets, net 3,247,118 3,559,792 3,855,865  
Operating right-of-use assets 128,948 147,602 140,333  
Other receivables 75,707 72,796 78,470  
Income taxes receivable 0 11,395 0  
Deferred tax asset 106,871 75,832 72,855  
Investments in equity 82,050 57,948 46,804  
Total Assets 16,269,782 16,634,822 16,864,783  
Current liabilities:        
Accounts payable 192,117 173,025 131,584  
Unearned revenue 1,550,471 1,467,671 1,566,464  
Other liabilities 904,826 909,776 908,151  
Income taxes payable 18,999 55,258 13,968  
Current bank credit lines, loan facilities and notes 529,762 29,762 110,150  
Total current liabilities 3,196,175 2,635,492 2,730,317  
Non-current liabilities:        
Non-current bank credit lines, loan facilities and notes, net 2,872,616 3,396,398 3,665,439  
Lease liabilities 117,122 140,085 126,321  
Non-current other liabilities 72,807 82,718 45,246  
Non-current income taxes payable 103,251 127,544 187,706  
Deferred tax liability 714,427 811,231 898,308  
Commitments and contingencies 0 0 0  
Total Liabilities 7,076,398 7,193,468 7,653,337  
Shareholders' Equity:        
76,567,325 shares issued and outstanding at December 31, 2025, (2024: 80,756,860 and 2023: 82,495,086) 6,305 6,586 6,699  
Additional paid-in capital 7,131,956 7,020,231 6,942,669  
Other undenominated capital 1,606 1,304 1,162  
Accumulated other comprehensive loss (68,534) (229,929) (143,506)  
Retained earnings 2,122,051 2,643,162 2,404,422  
Total Shareholders' Equity 9,193,384 9,441,354 9,211,446 $ 8,526,793
Total Liabilities and Shareholders’ Equity $ 16,269,782 $ 16,634,822 $ 16,864,783