v3.26.1
Unaudited condensed consolidated interim statements of financial position
€ in Millions, $ in Millions
Jun. 30, 2026
USD ($)
Dec. 31, 2025
USD ($)
Non‑current assets    
Property, plant and equipment $ 52 $ 48
Intangible assets 266 272
Deferred tax assets 1,429 1,296
Research and development incentive receivables 69 86
Prepaid expenses 24 26
Other non-current assets [1] 124 55
Total non‑current assets 1,964 1,784
Current assets    
Inventories 371 474
Prepaid expenses 572 328
Trade and other receivables 1,931 1,647
Research and development incentive receivables 10 10
Financial assets 1,600 949
Cash and cash equivalents 3,584 3,491
Total current assets 8,068 6,899
Total assets 10,032 8,683
Equity attributable to owners of the parent    
Share capital 7 7
Share premium 6,308 6,187
Translation differences 138 139
Retained earnings/(accumulated losses) 558 (280)
Other reserves 1,406 1,270
Total equity 8,417 7,323
Non-current liabilities    
Provisions for employee benefits 4 3
Lease liabilities 36 36
Total non-current liabilities 40 39
Current liabilities    
Lease liabilities 11 11
Trade and other payables 1,515 1,267
Tax liabilities 49 42
Total current liabilities 1,575 1,320
Total liabilities 1,615 1,360
Total equity and liabilities $ 10,032 $ 8,683
[1] Comparative figures have been aligned with the presentation adopted in the current period, reflecting the combination of investment in a joint venture and other
non-current assets.