Notes And Other Explanatory Information [Abstract]
Concept |
2024-01-01 to 2024-12-31 |
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Notes and other explanatory information [abstract] | |
Disclosure of accounting judgements and estimates [text block] |
Accounting estimates and management judgements
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Disclosure of allowance for credit losses [text block] |
Provision for Trade receivables
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Disclosure of associates [text block] |
Investments in associates and joint ventures
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Disclosure of authorisation of financial statements [text block] |
Statement of compliance
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Disclosure of basis of consolidation [text block] |
Basis of consolidation
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Disclosure of basis of preparation of financial statements [text block] |
2 Basis of preparation
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Disclosure of borrowings [text block] |
4 Significant events in the current reporting period
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Disclosure of business combinations [text block] |
6 Consolidated interests and business combinations
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Disclosure of cash and cash equivalents [text block] |
24 Cash and cash equivalents
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Disclosure of changes in accounting policies, accounting estimates and errors [text block] |
New standards, interpretations and amendments adopted by the Group
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Disclosure of collateral [text block] |
No collateral has been pledged for liabilities or contingent liabilities.
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Disclosure of commitments and contingent liabilities [text block] |
32 Commitments and contingent liabilities
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Disclosure of contingent liabilities [text block] |
Contingent liabilities
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Disclosure of credit risk [text block] |
(A) Credit risks
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Disclosure of deferred taxes [text block] |
Deferred tax
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Disclosure of depreciation and amortisation expense [text block] |
The amortization charge for Intangible assets is recognized in the following line items in the Consolidated income statement:
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Disclosure of derivative financial instruments [text block] |
19 Derivatives
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Disclosure of dividends [text block] |
Profit allocation
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Disclosure of earnings per share [text block] |
13 Earnings per share
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Disclosure of effect of changes in foreign exchange rates [text block] |
(C1) Currency risk
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Disclosure of employee benefits [text block] |
27 Provisions for employee benefits
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Disclosure of entity's operating segments [text block] |
5 Segment reporting
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Disclosure of events after reporting period [text block] |
34 Events after the balance sheet date
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Disclosure of expenses [text block] |
9 Personnel and other operational costs
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Disclosure of fair value measurement [text block] |
Fair value
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Disclosure of fair value of financial instruments [text block] |
Fair value
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Disclosure of finance income (cost) [text block] |
11 Net finance expenses
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Disclosure of financial instruments [text block] |
Financial instruments
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Disclosure of financial risk management [text block] |
31 Capital and financial risk management
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Disclosure of general information about financial statements [text block] |
1 General information
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Disclosure of going concern [text block] |
Going concern
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Disclosure of goodwill [text block] |
14 Intangible assets and goodwill
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Disclosure of government grants [text block] |
In € millions
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Disclosure of impairment of assets [text block] |
For annual impairment testing, goodwill is allocated to Cash-Generating Units (CGUs). The CGU is the lowest level within the Group at which Goodwill is monitored for internal management purposes.
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Disclosure of income tax [text block] |
12 Income taxes
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Disclosure of information about key management personnel [text block] |
Transactions with key management personnel
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Disclosure of interests in other entities [text block] |
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Disclosure of investments accounted for using equity method [text block] |
17 Investments accounted for using the equity method
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Disclosure of investments other than investments accounted for using equity method [text block] |
18 Other investments
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Disclosure of issued capital [text block] |
Number of shares
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Disclosure of leases [text block] |
16 Right-of-use assets and lease liabilities
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Disclosure of liquidity risk [text block] |
(B) Liquidity risks
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Disclosure of market risk [text block] |
(C) Market risks
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Disclosure of non-controlling interests [text block] |
26 Non-controlling interests
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Disclosure of objectives, policies and processes for managing capital [text block] |
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Disclosure of other assets [text block] |
20 Other non-current assets
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Disclosure of other current assets [text block] |
23 Other current assets
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Disclosure of other liabilities [text block] |
In € millions
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Disclosure of other operating income [text block] |
8 Other income (expense)
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Disclosure of other provisions, contingent liabilities and contingent assets [text block] |
Committed lease payments for short-term and/or low-value leases are reported as off-balance sheet commitment. The lease payments (excluding costs for services such as insurance and maintenance, which are expenses as incurred) are recognized as an expense on a straight-line basis unless another systemic basis is representative of the time pattern of the user’s benefit, even if the payments are not on that basis.
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Disclosure of prepayments and other assets [text block] |
In € millions
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Disclosure of property, plant and equipment [text block] |
15 Property, plant & equipment
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Disclosure of provisions [text block] |
28 Provisions for other liabilities and charges
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Disclosure of related party [text block] |
33 Related party transactions
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Disclosure of reserves within equity [text block] |
Translation reserve
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Disclosure of restricted cash and cash equivalents [text block] |
Restricted cash amounting to €19 million is composed of cash balances mainly held in China (2023: €20 million). The Group has control over these balances; however, repatriation may be limited due to restrictive local regulatory and judicial requirements. As a result, the cash balances of some countries cannot be fully included in the global cash pooling or liquidity enhancement structures. In line with industry practice, the Group considers cash outside of global cash pooling or liquidity enhancement structures to be restricted if the Group is unable to repatriate cash within a defined period via either dividends, intercompany loans, or settlement of intercompany invoices.
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Disclosure of revenue [text block] |
7 Revenue
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Disclosure of share capital, reserves and other equity interest [text block] |
25 Equity attributable to equity holders
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Disclosure of share-based payment arrangements [text block] |
10 Share-based compensation
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Disclosure of tax receivables and payables [text block] |
At 31 December 2024, the corporate income tax receivable amounted to €51 million (2023: €83 million) and the corporate income tax liability amounted to €57 million (2023: €67 million). During 2024, the Group paid corporate income taxes for a total amount of €95 million (2023: €131 million).
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Disclosure of trade and other payables [text block] |
30 Accounts payable, accrued expenses and other current liabilities
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Disclosure of trade and other receivables [text block] |
In € millions
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Disclosure of treasury shares [text block] |
Purchase of shares
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