Consolidated statement of financial position

Before profit appropriation, millions of euros

Note

As at 31-12-2025

As at 31-12-2024

Assets

Property, plant, and equipment

11

662.9

714.9

Right-of-use assets

12

42.3

54.1

Intangible fixed assets

13

89.1

99.0

Investments in joint ventures and associates

14

-

16.6

Long-term employee benefits

22

0.1

0.3

Other non-current financial assets

15

18.8

108.9

Deferred tax assets

23

23.7

39.5

Total non-current assets

836.9

1,033.3

Inventories

16

241.2

258.1

Trade receivables

17

174.9

173.0

Other receivables

17

43.9

30.5

Income tax receivables

6.1

2.1

Cash and cash equivalents

18

44.7

49.3

Assets held for sale

19

69.2

-

Total current assets

580.0

513.0

Total assets

1,416.9

1,546.3

Equity and liabilities

Equity

20

742.6

772.5

Borrowings

24

313.1

262.2

Lease liabilities

12

34.5

45.7

Provisions

21

-

3.5

Long-term employee benefits

22

4.1

3.9

Deferred tax liabilities

23

14.6

16.6

Other non-current liabilities

25

1.4

3.9

Total non-current liabilities

367.7

335.8

Borrowings

24

86.6

188.0

Lease liabilities

12

12.4

13.3

Provisions

21

0.5

0.7

Income tax payables

1.4

2.0

Trade payables

109.3

105.3

Other current liabilities

26

96.4

128.7

Total current liabilities

306.6

438.0

Total liabilities

674.3

773.8

Total equity and liabilities

1,416.9

1,546.3