v3.26.1
Fair values
 6 Months Ended
Jun. 30, 2026
Disclosure of fair value measurement of assets [abstract]  
Fair values

11.          Fair values

 

Carrying amounts and fair values

 

The following table shows the carrying amounts and fair values of assets and liabilities measured or disclosed at fair value, including their levels in the fair value hierarchy (as defined in note 2.22 of the 2025 Annual Report). It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value, such as cash and cash equivalents, restricted cash, trade receivables and trade payables.

 

    Carrying amount   Fair value
        Level 1   Level 2   Level 3   Total
June 30, 2026                    
    Financial liabilities                
Financial liabilities not measured at fair value                    
Long-term borrowings   55,262   —   56,239   —   56,239
Financial liabilities   51,005   —   51,828   —   51,828
    106,267              

 

    Carrying amount   Fair value
        Level 1   Level 2   Level 3   Total
December 31, 2025                    
    Financial assets                
Financial assets measured at fair value                    
Current portion of fair value of derivative financial instruments   113   —   113   —   113
    113                
                     
    Financial liabilities                
Financial liabilities not measured at fair value                    
Long-term borrowings   58,345   —   59,453   —   59,453
Financial liabilities   51,954   —   52,511   —   52,511
    110,299                

  

 

11.          Fair values (continued)

 

Measurement of fair values

 

Valuation techniques and significant unobservable inputs

The following tables show the valuation techniques used in measuring Level 1, Level 2 and Level 3 fair values, as well as the significant unobservable inputs used.

 

Financial instruments measured at fair value        
         
Type   Valuation Techniques   Significant unobservable inputs
Derivative financial instruments:        
Interest Rate Swap    Discounted cash flow     Discount rate
         
         
         
Financial instruments not measured at fair value        
Asset and liabilities not measured at fair value        
Type   Valuation Techniques   Significant unobservable inputs
Long-term borrowings and financial liabilities   Discounted cash flow   Discount rate

 

Transfers between Level 1, 2 and 3

There have been no transfers between Level 1, Level 2 and Level 3 during the period.