v3.26.1
Notes to consolidated statements of cash flows (Tables)
12 Months Ended
Dec. 31, 2025
Notes to consolidated statements of cash flows  
Summary of proceeds from disposal of long-term assets comprised

  ​ ​ ​

For the years ended December 31, 

(Euro thousands)

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

Net book value

 

1,545

 

3,824

 

879

Net gain on disposals (Note 9)

 

2,934

 

9,079

 

3,564

Total proceeds from disposal of long-term assets

 

4,479

 

12,903

 

4,443

Summary of changes in liabilities arising from financing activities

Financing of

  ​ ​ ​

Financing

Lease 

Interest

 

intangible

(Euro thousands)

Borrowings

  ​ ​ ​

 fund

  ​ ​ ​

Loan note

liabilities

  ​ ​ ​

 payable

assets

As at December 31, 2023

68,101

 

63,320

 

145,769

 

2,184

 

Changes from financing cash flows

 

115,222

 

(18,274)

 

(32,443)

 

Interest paid

 

 

(3,999)

 

(7,652)

 

(3,793)

New leases

 

 

 

46,465

 

Contract modifications

 

 

 

(10,057)

 

Disposals

 

 

 

(505)

 

Interest expense

 

 

7,787

 

7,652

 

13,334

Foreign exchange movement

 

439

 

3,040

 

4,843

 

(2,800)

As at December 31, 2024

 

183,762

 

51,874

 

154,072

 

8,925

Changes from financing cash flows

 

157,037

 

 

(8,547)

(34,625)

 

22,610

Transfer from financing fund to loan note (non-cash)

(48,091)

48,091

Increase arising from other non-current liabilities

4,570

Interest paid

 

 

(896)

 

(1,016)

(6,722)

 

(6,624)

New leases

 

 

 

13,622

 

Contract modifications

 

 

 

4,611

 

Disposals

 

 

 

(1,839)

 

Interest expense

 

 

2,642

 

2,251

6,722

 

30,156

888

Transfer to held for sale

(3,479)

Foreign exchange movement

 

(6,044)

 

(5,529)

 

(10,189)

 

(1,414)

(3,463)

Others

(888)

As at December 31, 2025

 

334,755

 

 

40,779

122,173

 

31,043

23,717

Summary of information about cash outflow for leases

  ​ ​ ​

For the years ended December 31, 

(Euro thousands)

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

Within operating activities

 

(18,108)

 

(25,818)

 

(27,631)

Within investing activities

 

1,742

 

(428)

 

(3,282)

Within financing activities

 

(41,347)

 

(40,095)

 

(38,530)

Total cash outflow for leases

 

(57,713)

 

(66,341)

 

(69,443)