v3.26.1
Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Financial Instruments  
Schedule of financial assets and financial liabilities

Financial assets (unaudited) (a)

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​

​

​

​

​

​

​

In millions of €

  ​ ​ ​

H1 2026

  ​ ​ ​

FY 2025

  ​ ​ ​

H1 2025

Cash and cash equivalents

 

  ​

​

  ​

​

  ​

Cash at bank and in hand

 

262

​

402

​

35

Short-term deposits with maturity of less than three months

 

315

​

39

​

14

Total financial assets

 

577

​

441

​

49

​

(a) Financial assets exclude ‘trade and other current receivables’ and ‘other financial assets’. All financial assets are classified as current.

Financial liabilities (unaudited) (a)

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

In millions of €

  ​ ​ ​

H1 2026

  ​ ​ ​

FY 2025

  ​ ​ ​

H1 2025

​

​

Current

​

Non-current

​

Total

​

Current

​

Non-current

​

Total

​

Current

​

Non-current

​

Total

Bank loans and overdrafts(b)

 

284

 

2

 

287

 

34

 

1

 

35

 

39

 

-

 

39

Bonds and other loans

 

-

 

3,168

 

3,168

 

-

 

3,077

 

3,077

 

-

 

-

 

-

Lease liabilities

 

57

 

169

 

226

 

43

 

100

 

143

 

49

 

115

 

164

Loans with Unilever

 

-

 

-

 

-

 

-

 

-

 

-

 

1

 

-

 

1

Derivatives

 

31

 

-

 

31

 

28

 

-

 

28

 

-

 

-

 

-

Other financial liabilities(c)

 

-

 

133

 

133

 

-

 

133

 

133

 

-

 

145

 

145

Total financial liabilities

 

372

 

3,473

 

3,845

 

105

 

3,311

 

3,416

 

89

 

260

 

349

​

(a) Financial liabilities exclude trade payables and other liabilities.

(b) Bank loans and overdrafts do not include any secured liabilities. This includes Commercial Papers of €200 million raised in June 2026.

(c) Other financial liabilities consist of an option to acquire non-controlling interests in Magnum RFM Ice Cream Inc from RFM Corporation, the Philippines Joint Venture (the ‘Philippines Put Option’). The Group holds 50% plus one share in the joint venture. According to the shareholder agreement established in March 1999, RFM Corporation is entitled, each year within one month following 31 December year end, to require the Group to acquire all or a portion of RFM Corporation’s shares in the joint venture at a price determined by the agreement. RFM Corporation has executed a waiver stipulating that they waive their right to exercise the option until April 2028.