v3.26.3
Right of Use Assets and Lease Liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Presentation of leases for lessee [abstract]  
Summary of Carrying Amounts of Right of Use Assets

a) Set out below are the carrying amounts of right-of-use assets recognized and the movements during the six months ended June 30, 2026:

 

(In thousand Euros)

 

Buildings

 

 

Vehicles

 

 

Other assets

 

 

Total

 

Balance at December 31, 2025

 

 

23,481

 

 

 

986

 

 

 

4,072

 

 

 

28,539

 

Additions

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Depreciation for the period

 

 

(1,327

)

 

 

(206

)

 

 

(734

)

 

 

(2,267

)

Disposals

 

 

(2,597

)

 

 

—

 

 

 

—

 

 

 

(2,597

)

Translation differences

 

 

141

 

 

 

—

 

 

 

2

 

 

 

143

 

Balance at June 30, 2026

 

 

19,698

 

 

 

780

 

 

 

3,340

 

 

 

23,818

 

Summary of Carrying Amounts of Lease Liabilities

b) Set out below are the carrying amounts of lease liabilities and the movements during the six months ended June 30, 2026:

 

(In thousand Euros)

 

Buildings

 

 

Vehicles

 

 

Other assets

 

 

Total

 

Balance at December 31, 2025

 

 

28,601

 

 

 

417

 

 

 

4,086

 

 

 

33,104

 

Additions to liabilities

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Interest on lease liabilities

 

 

718

 

 

 

11

 

 

 

69

 

 

 

798

 

Lease payments

 

 

(2,038

)

 

 

(278

)

 

 

(635

)

 

 

(2,951

)

Disposals

 

 

(3,778

)

 

 

—

 

 

 

—

 

 

 

(3,778

)

Translation differences

 

 

66

 

 

 

—

 

 

 

2

 

 

 

68

 

Balance at June 30, 2026

 

 

23,569

 

 

 

150

 

 

 

3,522

 

 

 

27,241

 

Summary of Maturity Analysis of Lease Liabilities

An analysis of the contractual maturity of lease liabilities, including future interest payable, is as follows:

 

(In thousand Euros)

 

June 30,
2026

 

 

December 31,
2025

 

6 months or less

 

 

2,438

 

 

 

2,941

 

6 months to 1 year

 

 

2,330

 

 

 

2,811

 

From 1 to 2 years

 

 

10,085

 

 

 

10,467

 

From 2 to 5 years

 

 

21,858

 

 

 

22,686

 

More than 5 years

 

 

2,902

 

 

 

3,377

 

 

 

 

39,613

 

 

 

42,282

 

Summary of Detailed Information about Components of Lease Amounts Recognized In Profit or Loss

Amounts recognized in profit or loss derived from lease liabilities and expenses on short-term and low value leases (IFRS 16 exemption applied) are as follows:

 

(In thousand Euros)

 

June 30,
2026

 

 

June 30
2025

 

Interest on lease liabilities (see note 20)

 

 

798

 

 

 

892

 

Expenses relating to short-term and low value leases (see
   note 18)

 

 

353

 

 

 

297