4.2.4Consolidated Statement of Changes in Equity

in millions of US$

Notes

Issued share capital

Share premium reserve

Treasury shares

Retained earnings

Other reserves

Attributable to shareholders

Non-controlling interests

Total Equity

At 1 January 2025

46

1,007

(31)

2,489

108

3,619

2,225

5,844

Profit/(loss) for the period

-

-

-

922

-

922

186

1,109

Foreign currency translation

4.3.22

6

-

(5)

(0)

0

1

(1)

1

Remeasurements of defined benefit provisions

4.3.22

-

-

-

-

1

1

-

1

Cash flow hedges

4.3.22

-

-

-

-

203

203

(64)

138

Deferred tax on cash flow hedges

4.3.22

-

-

-

-

(30)

(30)

9

(21)

Total comprehensive income for the period

6

-

(5)

922

174

1,097

130

1,227

IFRS 2 vesting cost of share-based payments

-

-

-

-

23

23

-

23

Re-issuance treasury shares on the share-based scheme

0

-

28

0

(20)

7

-

7

Purchase of treasury shares

-

-

(174)

-

-

(174)

-

(174)

Share cancellation

4.3.22

(1)

-

119

(118)

0

(0)

-

(0)

Cash dividend

-

-

-

(170)

-

(170)

(288)

(458)

Disposal of subsidiaries

4.3.30

-

-

-

-

-

-

(25)

(25)

Transaction with non-controlling interests

4.3.30

-

-

-

3

1

5

33

38

At 31 December 2025

50

1,007

(64)

3,126

286

4,406

2,076

6,482

in millions of US$

Notes

Issued share capital

Share premium reserve

Treasury shares

Retained earnings

Other reserves

Attributable to shareholders

Non-controlling interests

Total Equity

At 1 January 2024

50

1,007

(26)

2,478

224

3,733

1,797

5,531

Profit/(loss) for the period

-

-

-

150

-

150

61

211

Foreign currency translation

(3)

-

2

0

34

33

2

35

Remeasurements of defined benefit provisions

-

-

-

-

0

0

-

0

Cash flow hedges

-

-

-

-

(153)

(153)

57

(96)

Deferred tax on cash flow hedges

-

-

-

-

22

22

(8)

14

Total comprehensive income for the period

(3)

-

2

150

(97)

52

111

163

IFRS 2 vesting cost of share-based payments

-

-

-

-

21

21

-

21

Re-issuance treasury shares on the share-based scheme

(0)

-

25

0

(19)

5

-

5

Purchase of treasury shares

-

-

(102)

-

-

(102)

-

(102)

Share cancellation

4.3.22

(1)

-

70

(69)

-

0

-

0

Cash dividend

-

-

-

(150)

-

(150)

(99)

(249)

Acquisition of subsidiaries

-

-

-

-

-

-

178

178

Transaction with non-controlling interests

4.3.30

-

-

-

82

(21)

61

238

299

At 31 December 2024

46

1,007

(31)

2,489

108

3,619

2,225

5,844