v3.26.1
Supplemental cash flow information (Tables)
 12 Months Ended
Dec. 31, 2025
Statement of cash flows [abstract]  
Summary of Supplemental Cash Flow Information
The Group's non-cash investing and financing activities were as follows:
Year ended December 31
Non-cash investing and financing activities202520242023
Purchases of intangible assets in trade payables - related parties and accrued expenses - related parties175,495 140,007 129,019 
Initial recognition of ROU assets and lease liabilities16,826 70,078 54,569 
Transaction fees related to equity issuance16,241 — — 
Purchases of property, plant and equipment in trade payables7,801 114,486 96,011 
Initial recognition of investment in associates— 9,608 29,400 
Changes in the Group's current and non-current liabilities arising from financing activities were as follows:
Loans and borrowingsConvertible liabilitiesOther financing liabilitiesEarn-out rights and Class C Shares liabilitiesLease liabilitiesTotal
Balance as of January 1, 20242,036,755 1,274,899 176,614 161,402 127,248 3,776,918 
of which outstanding principal2,026,665 1,257,194 176,614 — — 3,460,473 
of which accrued interest10,090 17,705 — — — 27,795 
Changes from other items
Proceeds from short-term borrowings3,273,142 — 138,121 — — 3,411,263 
Proceeds from long-term borrowings938,474 — — — — 938,474 
Repayments of borrowings(2,755,562)— (134,337)— — (2,889,899)
Repayments of lease liabilities— — — — (35,646)(35,646)
Total changes from financing cash flows1,456,054 — 3,784 — (35,646)1,424,192 
Changes from other items
Initial recognition of lease liabilities— — — — 70,078 70,078 
Cancellation of lease liabilities— — — — (21,151)(21,151)
Interest expense1
174,480 127,032 6,689 — 7,423 315,624 
Interest paid(165,642)(104,285)— — (7,423)(277,350)
Amortization of loan fees3,086 — — — — 3,086 
Total changes from other items11,924 22,747 6,689 — 48,927 90,287 
Changes from effects of foreign exchange rates(46,461)— (4,387)— (5,258)(56,106)
Adjustment for revised cash flow estimate— — (2,478)— — (2,478)
Loss on debt modification— 2,761 — — — 2,761 
Changes from effects of fair value measurement— — — (129,124)— (129,124)
Changes from interest on fair value measurement— — — — — — 
Balance as of December 31, 20243,458,272 1,300,407 180,222 32,278 135,271 5,106,450 
of which outstanding principal3,439,629 1,257,637 179,853 — — 4,877,119 
of which accrued interest18,643 42,770 369 — — 61,782 
Balance as of January 1, 20253,458,272 1,300,407 180,222 32,278 135,271 5,106,450 
Changes from financing cash flows
Proceeds from short-term borrowings3,656,665 300,000 197,955 — — 4,154,620 
Proceeds from long-term borrowings— — 191,322 — — 191,322 
Repayments of borrowings(2,933,506)— (183,932)— — (3,117,438)
Repayments of lease liabilities— — — — (33,752)(33,752)
Total changes from financing cash flows723,159 300,000 205,345 — (33,752)1,194,752 
Changes from other items
Initial recognition of lease liabilities— — — — 16,826 16,826 
Cancellation of lease liabilities— — — — (5,734)(5,734)
Interest expense1
228,943 114,752 489 — 4,587 348,771 
Interest paid(213,310)(93,183)— — (4,587)(311,080)
Amortization of loan fees5,214 — — — — 5,214 
Total changes from other items20,847 21,569 489 — 11,092 53,997 
Changes from effects of foreign exchange rates135,957 — 13,633 — 18,112 167,702 
Changes from effects of fair value measurement— — — (23,391)— (23,391)
Balance as of December 31, 20254,338,235 1,621,976 399,689 8,887 130,723 6,499,510 
of which outstanding principal4,303,763 1,555,975 399,319 — — 6,259,057 
of which accrued interest34,472 66,001 370 — — 100,843 
1 - Other financial liabilities includes the imputed interest expense related to the PS3 Tooling and Equipment financing instrument. The full amount of all repayments of the PS3 Tooling and Equipment financing instrument are presented as Repayments of borrowings.