; ;

Debt by source

Total debt by source as of 31 December 2025 *

 

*Lease liabilities according to IFRS 16 not included

MEUR EMTN ECP EIB NIB Bank loans
31 Dec 2025 1,280 269 58 154 0
30 Jun 2025 1,288 0 78 162 0
31 Dec 2024 1,357 193 89 170 0
30 Jun 2024 862 127 109 178 0
31 Dec 2023 668 0 119 180 0
31 Dec 2022 702 0 142 183 0
31 Dec 2021 734 85 155 152 0
31 Dec 2020 732 72 169 121 50
31 Dec 2019 665 165 183 75 0
31 Dec 2018 685 245 97 33 0
31 Dec 2017 787 145 111 40 0

 

 

Total debt by original currency as of 31 December 2025*

 

*All debt is swapped to euros, i.e. hedge ratio for the debt is is 100 %
Lease liabilities according to IFRS 16 not included

MEUR EUR SEK NOK USD GBP JPY
31 Dec 2025 1,718 0 42 0 0 0
30 Jun 2025 1,477 0 51 0 0 0
31 Dec 2024 1,758 0 51 0 0 0
30 Jun 2024 1,223 0 53 0 0 0
31 Dec 2023 914 0 53 0 0 0
31 Dec 2022 969 0 57 0 0 0
31 Dec 2021 1,067 0 60 0 0 0
31 Dec 2020 1,087 0 57 0 0 0
31 Dec 2019 1,078 0 10 0 0 0
31 Dec 2018 1,030 0 30 0 0 0
31 Dec 2017 951 102 30 0 0 0