v3.26.1
Provisions
12 Months Ended
Dec. 31, 2025
Provisions.  
Provisions

(18)Provisions

Details of provisions at 31 December 2025 and 2024 are as follows:

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Millions of Euros

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  ​ ​ ​

Reference

  ​ ​ ​

31/12/2025

  ​ ​ ​

31/12/2024

Provisions for pensions and similar obligations

 

Note 26

​

99

 

102

Other provisions

 

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20

 

23

Non-current provisions

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​

​

119

​

125

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​

​

​

​

​

​

Trade provisions

​

​

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23

​

25

Other provisions

​

​

​

12

​

14

Current provisions

 

​

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35

 

39

Total provisions

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​

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154

​

164

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The movement in non-current and current provisions is as follows:

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Millions of Euros

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  ​ ​ ​

31/12/2025

  ​ ​ ​

31/12/2024

  ​ ​ ​

31/12/2023

Opening balance

 

164

​

165

​

166

Net charges

​

25

​

9

​

29

Net cancellations

​

(39)

​

(15)

​

(20)

Transfers

​

7

​

4

​

(9)

Translation differences

​

(3)

​

1

​

(1)

Closing balance

 

154

​

164

​

165

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The amounts included under the non-current provisions heading mainly relate to provisions recognized by the Group in connection with retirement benefit obligations and other employment-related commitments for certain employees (see Note 26).